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.




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New leases

  • 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.
  • Yareal Polska has expanded the commercial offering at its flagship SOHO mixed-use development in Warsaw’s Praga-Południe district, securing three new lease agreements totaling nearly 500 sqm of ground-floor retail space. The developer has strengthened its tenant roster by signing pet supplies retailer Maxi Zoo, ceramics workshop Alike Pottery Studio, and coffee distributor Unroasted.
  • International flexible office operator SwitchUp has launched its expansion into the Polish market, securing a lease agreement for 2,100 sqm of space at the AFI Office House in Warsaw. The transaction represents the company’s debut contract in Poland, positioning the operator within the first office building of the city’s upcoming Towarowa22 regeneration development. Savills acted as the deal broker.

New appointments

  • 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.
  • BNP Paribas Real Estate Poland has expanded its Industrial and Logistics Agency team with the appointments of Joanna Choromańska, formerly of JLL, and Bartosz Wilczyński, previously with CBRE. The new hires bring a combined 34 years of experience in sector sales, lease negotiations, and build-to-suit project delivery to support the division's ongoing growth.
  • Speedwell has expanded its industrial and logistics team with the appointment of Valentin Achim as Leasing and Property Manager for Industrial Developments. Achim brings extensive experience in coordinating commercial and operational activities within the logistics and industrial sectors. In his new role, he will oversee the development and expansion of the company's Spaceplus platform.


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