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Murapol buys Wrocław land

Tomasz Cudowski 25 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 Murapol has signed preliminary contracts to purchase four neighbouring properties on ul. Konduktorska in Wrocław.

The developer paid PLN 8.1 mln gross for a total of more than 2.3 hectares. Murapol intends to develop a project of 250 residential units with over 14,800 sqm of useable space. The final contracts should be signed by December 14th, 2020, after the conditions precedent have been met including the granting of a final building permit to Murapol. “The PLN 547 per sqm of useable space that results from this transaction is less than 55 pct of the average market rate for Wrocław’s Krzyki district,” says Nikodem Iskra, the CEO of Murapol. The residential developer has been active in Wrocław for eleven years and over this period has developed nearly 1,500 housing units in which over 4,400 people live. The largest Wrocław project developed so far is the Mała Toskania estate, which was established near where the developer is currently buying land.


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