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Develia Exceeds Annual Sales Target in 2024, Reports Record Housing Deliveries

COMPANIESDevelia Exceeds Annual Sales Target in 2024, Reports Record Housing Deliveries

In 2024, Develia achieved remarkable results, selling 3,197 units through developer and preliminary agreements—a 20% increase compared to 2023. This exceeded the company’s annual sales target of 2,900–3,100 units. The developer also handed over 2,865 units during the year, up from 2,751 in 2023. In the fourth quarter alone, Develia sold 497 units and delivered 1,068.

Strong Sales and Delivery Performance

Out of the 3,197 units sold in 2024, 71 were part of projects co-developed with Grupo Lar Polska. By the end of the year, Develia had 432 reservation agreements in place, which could potentially convert into developer agreements in the near future. This marks a significant increase compared to 201 reservation agreements at the end of Q3 2024.

“We’ve had another record-breaking year in sales, exceeding our ambitious annual target despite the challenging market characterized by high uncertainty. We also achieved our delivery goals, with a significant portion of handovers concentrated in Q4 2024, as planned, which will positively impact our financial results for this period,” said Andrzej Oślizło, CEO of Develia. “The final months of the year were also very successful in terms of reservations, positioning us strongly for 2025 with a high number of agreements likely to convert into developer contracts in Q1. These 2024 results have solidified Develia’s position among the leading residential developers.”

Fourth-Quarter Highlights

In Q4 2024, Develia sold 497 units, compared to 615 in the same period of 2023. However, handovers reached 1,068 units, a notable improvement from 1,453 in Q4 2023. The company’s top-performing projects for the year included Bemowo Vita, Bemosphere, and Aleje Praskie in Warsaw, as well as City Vibe in Kraków.

Solid Outlook for 2025

Develia enters 2025 with strong momentum, buoyed by its record performance in 2024 and a substantial number of reservation agreements expected to convert into sales. These results underscore the company’s resilience and adaptability in a challenging market, reinforcing its leadership in the residential development sector.


Source: ManagerPlus

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