Develia has launched presales for the fourth phase of Centralna Vita, a multi-phase residential development in the Czyżyny district of Kraków. The new building will comprise 212 apartments ranging from 33 to 87 sqm, with layouts of one to four rooms. Construction is scheduled to begin in September 2026, with completion planned for the first quarter of 2028. The general contractor is Express Konkurent.

Polish residential developer Develia reported revenue of 1,888.7 million złoty for the first half of 2026, up 152% from 748.3 million złoty in the same period of 2025. Net profit rose 84% year on year to 319 million złoty, compared with 173.4 million złoty a year earlier.

Develia sold 1,752 flats under development and preliminary agreements in the first half of 2026, up 3% from 1,699 a year earlier. The figure includes 13 units in joint venture projects. The company handed over 2,572 flats, 116% more than the 1,193 delivered in the same period last year.

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

Alides and Revive, the two Belgian developers behind Gdansk Development Holding, have signed a preliminary agreement for the sale of 100% of shares in Stocznia Cesarska Development to Develia, one of Poland's residential developers.

High market fragmentation, rising land costs, the need to rapidly scale operations, and succession issues in companies mean the Polish residential market will face a wave of mergers and acquisitions (M&A) in the coming years, according to a report by JLL Living and Crido.

Polish developer Develia sold a record 3,345 residential units in 2025 based on development and preliminary contracts, exceeding its annual target of 3,100-3,300 apartments by 5% compared to 2024.

Polish developer Develia achieved net profit of €306.5 million in the first three quarters of 2025, up 42% from €215.6 million in the same period last year. Sales revenues reached €1.32 billion compared to €1.04 billion in the previous year, marking a 27% increase.

Develia has finalised the acquisition of 100% of shares in Bouygues Immobilier Polska, the Polish branch of French developer Bouygues Immobilier, for €65.9 million (approx. PLN 279.4 million). The deal expands Develia’s residential project portfolio, particularly in Warsaw, Poznań, and Wrocław, and supports the company’s strategic growth plan focused on Poland’s largest housing markets.

Develia has finalised the sale of the Arkady Wrocławskie property in Wrocław to Vastint Poland, part of an international real estate group focused on commercial projects. The transaction value is €42.967 million (approx. PLN 182 million).