Tag: Develia

WIG-Real Estate: A Bullish Outlier in a Weak Market

The Warsaw stock exchange (GPW) is currently going through another downward wave, propelled mainly by the sale of Polish blue chips from the WIG20...

Develia Increases Revenues by 32% and Profits by 72.8% in the First Three Quarters of 2024

During the first three quarters of 2024, Develia Group sales increased by 32%, totalling 1037.6 million PLN compared to 786.2 million PLN for the...

DOM Portal: A Step Towards Transparency in Real Estate? Developers Weigh In on the Proposed Amendment

The proposed amendment to the developer's act foresees the creation of the DOM Portal, aimed at increasing transparency in the property market, specifically in...

Housing Market Situation in Poland: Developers Assess Sales in Q3 2024

No Decision on Government Program, High Interest Rates, and Summer Vacation Impact Q3 2024 Housing Sales. The lack of decisions regarding government programs, persistently high...

Develia signed a letter of intent regarding cooperation in the implementation of student dormitories

Develia has signed a Letter of Intent with Innova Capital and Solida Capital to realize a portfolio of student housing investments through the dedicated...

Develia sold 2700 units since the beginning of 2024.

Based on development and preliminary agreements, Develia sold 2700 properties during the first three quarters of 2024, compared to 2059 apartments in the same...

Develia Group Achieved PLN 148.7 Million Net Profit in the First Half of 2024

In the first half of 2024, Develia Group’s sales revenues reached PLN 648.7 million, compared to PLN 419.2 million in the same period...

Develia to Sell Property on Kolejowa Street in Wroclaw to AFI Europe Subsidiary for PLN 50.5 Million

Develia has signed a preliminary agreement to sell a property on Kolejowa Street in Wroclaw to a subsidiary of AFI Europe, an international investor...

Developers Cheer Government Plan to Unlock Urban Farmland for Housing

According to estimates by experts, there may be a shortage of as many as 2 million homes in Poland! The government is considering changing...

Develia posts record-breaking Q1 2024. Revenue up 56%, net profit up 45%

In the first quarter of 2024, Develia Group's sales revenue amounted to PLN 401.6 million, which represents a 56% increase compared to PLN...

Investment land market – prices are rising, and demand for attractive plots is huge

In the investment land market, substantial changes have been taking place recently. The expectations of landowners are still exorbitant, but now buyers are willing...

Develia targets 8% increase in sales, maintains delivery level in 2024

In 2024, Develia plans to sell between 2900 and 3100 residences, an increase of at least 8% from the numbers reached in 2023. The...

Developer Sales Reach Record Level, but Concerns Linger

Traditionally, at the beginning of a new year, developer companies listed on the GPW release reports on the sale of apartments for the last...

Develia with record apartment sales in 2023

In 2023, based on development and preliminary agreements, Develia sold 2,674 units, 63 percent more than the previous year. Last year, the developer handed...
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