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Murapol buys plots in Katowice

Eurobuild CEE 22 December 2017

POLAND Murapol group has signed a preliminary contract with Cavatina to buy the perpetual usufruct of plots with a combined area of over 0.9 ha located at the junction of ul. Graniczna and ul. Pułaskiego close to the Valley of Three Ponds park in Katowice.

The developer is planning to use the site for the construction of two premium segment buildings offering 243 apartments with a total useable area of over 10,700 sqm. The project will also involve the construction of 369 parking spaces located in underground and outdoor car parks. The transaction amounts to PLN 10 mln net and also includes the purchase of the design and administrative documentation of the project to be developed on the plot. “Katowice has been developing very fast in economic as well as demographic terms. A low unemployment rate, the best road system in Poland as well as extensive cultural offer and numerous green areas make more and more people want to live in the city. While wanting to use the potential of the market we have been continuously strengthening our position. The capital of the Silesian province is one of key locations on the map of our projects with a consistently extended portfolio of projects under construction and development,” says DDD, vice-president of the board at Murapol.

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