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Record results for Archicom

07 November 2017

POLAND Archicom has published its Q3 sales results. The company’s sales exceeding its targets as a result of the inclusion of mLokum in the group, a company that was acquired on July 31st 2017.

Over the first three quarters of the year the developer sold 992 apartments, with 391 apartments sold in Q3 alone (including 46 apartments by mLocum). This represents a y-o-y rise in sales of 46.4 pct. “It is the second quarter this years as well as the second quarter in our history when our sales have exceeded 300 apartments and when mLocum’s figures are taken into account, this comes closer to 400,” says Dorota Jarodzka-Śródka, the CEO of Archicom. In July this year Archicom acquired a 51 pct stake in mLocum, a residential developer active in Kraków, Wrocław, the TriCity and Poznań. Since July 31st mLocum’s results are reported together with those of Archicom.

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