Murapol sold 862 net apartments in Q1 2023, compared to 764 a year earlier, the company said. At the time, it handed over keys to 1,081 apartments, up 34% y/y.
Net sales to Murapol CG’s retail customers completed in the first three months of this year amounted to 862 residential units (development contracts, preliminary contracts and paid reservation contracts after eliminating cancellations). Including, as of March 31, 2023. Murapol CG signed 729 development and preliminary agreements (a decrease of only 4.6% y/y) and an additional 133 active reservation agreements, the company announced.
In Q1 2023. Murapol CG handed over keys to 1,081 apartments to retail customers, compared to 805 units issued in the same period last year (an increase of more than 34%), Mural stated.
During the first three months of 2023, the Murapol CG introduced 355 residential units to the offer in successive stages of the investments under construction. During this period, it received decisions on building permits for nearly 1.4 thousand apartments in new investments in Gdansk, Lodz and Krakow, among others. In the coming months, the construction and commercialization of these investments will begin, they further announced.
As of March 31, 2023, the Murapol Group’s portfolio of projects under construction included 6,448 units in 59 buildings under construction as part of 20 projects in 12 Polish cities.
At the end of the first quarter of 2023. Murapol CG had an active land bank for the construction of nearly 20,600 apartments. In Q1, it obtained decisions on permits for the construction of nearly 1.4 thousand residential units on land in Gdansk, Lodz, Krakow, Chorzow and Torun.
“We currently have nearly 6,500 apartments under construction. This shows how organized, efficient and operating at high speed we are. To maintain such a pace, we are simultaneously expanding and replenishing our active land bank. A month ago we contracted our first land in Lublin, which is the 19th city on our map of operations. At the end of the quarter, our portfolio of projects in the pipeline included more than 15,800 apartments in 16 cities,” said CEO Nikodem Iskra.
Source: Murapol and ISBnews
Image: Murapol – Jagodno Park Wroclaw
