Develia sells 860 apartments in Q1 2026

08
Apr
2026
News - Develia sells 860 apartments in Q1 2026 #Aleje Praskie #Andrzej Oślizło #Apartments #Centralna Vita #Develia #M Bemowo #Poland #Południe Vita #Residential #Sales #Unii Lubelskiej Vita #Warsaw

by Property Forum | Residential

Develia sold in Q1 2025 860 units based on development and preliminary contracts compared to 951 in Q1 2025 and 845 in Q4 2025.


The number of sold apartments included 131 units in investments acquired through the takeover of Bouygues Immobilier Polska and 8 units in projects implemented within joint ventures. In the past quarter, the developer delivered 1,205 apartments compared to 523 in the same period last year, an increase of 130%.

At the end of March, Develia also had 158 reservation contracts, which may be converted into development contracts in the near future after customers make their decisions. At the end of 2025, the company had 48 such contracts, compared to 433 a year earlier.

"We are satisfied with the result achieved in Q1, which should be viewed through the prism of the low level of reservations we entered 2026 with. We perceive the current market situation as stable and maintain our annual targets. Sales analysis in the past quarter indicates a recovery that was visible in March. We expect that in the coming months the market will maintain a limited number of new launches, which already translates into lower apartment availability, especially in Warsaw. In this environment, we will focus on expanding our offer by launching new projects, which should support our sales in the rest of the year," says Andrzej Oślizło, President of Develia.

Develia plans to introduce 4,350-4,550 apartments to its offer and start construction this year, with the majority in the first half. In Q1, the developer introduced nearly 1,500 units for sale in 11 projects. In January-March 2026, most apartments found buyers in projects: Unii Lubelskiej Vita in Poznań, M Bemowo and Aleje Praskie in Warsaw, Południe Vita in Gdańsk, and Centralna Vita in Kraków.




New leases

  • UDH, one of Poland’s largest distributors of premium imported beers, has leased approximately 1,400 sq m of modern warehouse and office space at the Park Rysy Kraków distribution centre. The tenant, which has chosen to expand its operations in southern Poland, was once again represented by AXI IMMO.
  • Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.
  • Natland Group has committed to its long-term presence at Prague-based Rohan Business Center through a lease extension covering 2,004 sqm of office space, together with storage facilities and dedicated parking spaces, in a deal brokered by iO Partners.

New appointments

  • Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
  • Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.

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