Develia acquired from an unrelated entity the ownership of real estate located in Gdańsk at ul. Niepołomicka 25 for PLN 3.18 million net (PLN 3.91 million gross), the company announced. The area of the land property is 0.3871 ha; an investment project with an estimated number of approx. 50 apartments is to be built there.
The company intends to carry out an investment project on the property with an estimated number of approx. 50 apartments. The planned date of commencement of sales under this investment project is the first quarter of 2023.
Develia controls a group of special purpose development companies carrying out residential and commercial investments in the largest cities in the country. The company has been listed on the WSE since 2007. In 2020, it sold 1,361 residential and commercial premises.
Source: Develia and ISBnews
Image: Develia, Gdansk Baltea apartments
