Vantage buys plot in Wrocław to build 300 apartments

Developer Vantage Development concluded a preliminary purchase agreement of the perpetual usufruct rights to the property located in Wrocław's Stabłowice district. It consists of about 2.3 hectares of built-up areas for a total price of PLN 8.75 million, Vantage said. The sales agreement should be concluded by December 20, 2017. The property will be used to build about 300 apartments. Vantage Development S.A. in active in residential and office real estate segments. The company has been listed on the Warsaw Stock Exchange since March 2012. In 2016 it sold 812 units.