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Polnord buys Bemowo plots

Tomasz Cudowski 07 June 2018

Tomasz Cudowski

Journalist

+48 22 356 25 26
tomasz.cudowski@eurobuildcee.com

Tomek graduated from the faculty of modern languages at the Adam Mickiewicz University in Poznań, where he also started his journalist career in the late 1980s. He has worked in the real estate press since 2005, covering the residential market for ‘Eurobuild CEE’ magazine as well as the new technologies and property management sectors. Sometimes he can be heard on Polish Radio 2, where he reviews the press on the morning programme. At other times he can be seen in the Bieszczady or Beskid Niski mountains, where he enjoys rambling with no fixed purpose or destination in mind.

POLAND Polnord has signed preliminary agreements for the purchase of two plots close to ul. Lazurowa in Warsaw’s Bemowo district.
The total area of ​​the property comes to more than 1.33 ha sqm. The developer intends to build a residential estate on the site, comprising 258 apartments with app. 16,800 sqm of useable space on the site. It will also have an underground car park and a total of 276 parking spaces.

“We have a land bank for the development of a usable area of ​​around 300,000 sqm. Along with this, we are constantly looking for new investment sites. We are interested in land located in attractive areas of the largest Polish cities, especially Warsaw and the TriCity. Our plan is to invest an average of app. PLN 10 mln in the purchase of plots per quarter,” reveals Dariusz Krawczyk, the CEO of Polnord.

Last year the Polnord Group secured the sales of 1,389 apartments and put 1,595 units on the market - the highest figures in the developer’s 40-year history. This year the company intends to put on sale 1,727 apartments in 13 projects.

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