Marvipol Development sold 107 apartments and commercial units in Q1 2023, and handed over 103, the company said, presenting preliminary data.
1) Number of apartments and commercial units sold in Q1 2023: 107 units.
2) Value of apartments and commercial units sold in Q1 2023: PLN 80.5 million.
3) Number of apartments and commercial units released in Q1 2023: 103 units.
4) Value of apartments and commercial units released in Q1 2023: PLN 61.5 million
Marvipol Development is one of Poland’s real estate developers. The company operates – through special purpose vehicles – in two main segments: residential, where it develops multi-family housing projects, and warehouse, investing in construction and commercialization, and then selling commercialized projects. The company – following the demerger of Marvipol S.A. – as of December 1, 2017, took over the real estate development business conducted by Marvipol S.A. since 1996.