ARTICLES LABELLED WITH TAG Develia

News Vastint to buy Arkady Wrocławskie from Develia
19
Dec
2023

Vastint to buy Arkady Wrocławskie from Develia

by Property Forum
Develia Group has signed a preliminary agreement with Vastint Poland for the sale of the real estate on which the Arkady Wrocławskie multifunctional building is located. The net sale price has been set at €42.9 million (approximately PLN 185.6 million). The transaction is expected to be finalised by the end of August 2025. Avison Young has been representing the seller throughout the sales process.
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News Inflow of mortgages will convince developers to resume investments
10
Jul
2023

Inflow of mortgages will convince developers to resume investments

by Michał Poręcki
Andrzej Oślizło, CEO of Develia talked to Property Forum about the recent acquisition of the Polish portfolio of the French development group Nexity, the current situation in the residential market and plans for investments in the PRS segment.
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News Develia to take over Nexity Poland for €100 million
02
Jun
2023

Develia to take over Nexity Poland for €100 million

by Property Forum
Develia has signed a preliminary agreement to acquire 100% of shares in Polish subsidiaries of Nexity, a French real estate development company. The price set in the preliminary agreement amounts to €100 million (approx. PLN 453 million). Develia will increase the number of units under construction by approx. 1,400 and will expand the land bank by approx. 2,200 units in Warsaw, Kraków and Poznań.
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News Adventum Group acquires Wola Retro in Warsaw
27
Apr
2023

Adventum Group acquires Wola Retro in Warsaw

by Property Forum
Adventum Group, which focuses on CEE real estate investments, have completed the fifth acquisition through its Adventum Penta Fund SCA SICAV-RAIF. The fifth acquisition of the fund is the Wola Retro office complex in Warsaw, Poland which was constructed in 2019 by Develia SA.
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News Wola Retro to be sold to Adventum Group
26
Jan
2023

Wola Retro to be sold to Adventum Group

by Property Forum
Develia S.A. signed a PSPA (preliminary sale agreement) with an entity from Adventum Group for Wola Retro, a prime office building located in Warsaw. The price agreed is ca. €69.8 million. Closing is expected by the end of April 2023.
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News Develia and Hillwood to build huge warehouse complex near Wrocław
25
Oct
2022

Develia and Hillwood to build huge warehouse complex near Wrocław

by Property Forum
Develia has signed a joint venture agreement with Hillwood. As part of the agreement, a special-purpose vehicle will be created to develop a logistics park with a minimum area of 400,000 sqm GLA on a property located in Malin near Wrocław. The estimated value of the entire project will exceed PLN 1.5 billion.
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News Develia plans to deliver 600-800 PRS apartments  in 2022
31
Mar
2022

Develia plans to deliver 600-800 PRS apartments in 2022

by Property Forum
Develia plans to deliver 600-800 apartments in the Private Rented Sector segment (PRS, institutional rental market) this year, the company said. The current land bank allows the company to build nearly 9,000 sqm premises.
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News Develia and Hillwood to develop warehouse complex near Wrocław
24
Mar
2022

Develia and Hillwood to develop warehouse complex near Wrocław

by Property Forum
Develia has signed a letter of intent on a joint venture with Hillwood Polska regarding the intention to jointly invest on a property located in Malina near Wrocław, involving the construction of a logistics centre with an area of ​​at least 400,000 sqm of GLA. The estimated value of the entire project will exceed PLN 1.5 billion.
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News Younger Poles attach less importance to owning an apartment
13
Oct
2021

Younger Poles attach less importance to owning an apartment

by Michał Poręcki
Andrzej Oślizło, CEO of Develia, one of the largest Polish developers has talked to Property Forum about the recent sale of Wrocław landmark, Sky Tower, PRS perspectives and the current market conditions in the residential sector in Poland.
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News Develia to sell Sky Tower in Wrocław
14
Sep
2021

Develia to sell Sky Tower in Wrocław

by Property Forum
Develia Group has signed a preliminary agreement with an investment fund managed by Adventum Group to sell all its shares in Wrocław Sky Tower. The sale price set at €84.4 million, will be reduced by the value of unpaid incentives for tenants. Finalization of the transaction is expected at the end of 2021.
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Latest news


New leases

  • Kiddo Entertainment Group has leased 1,800 sqm in Iulius’ Rivus mixed-use project in Cluj-Napoca for a new entertainment centre. Rivus is currently in the permitting stage with construction expected to start in 2025.
  • Orange has leased over 2,000 sqm of warehouse and office space at 7R City Park Gdańsk Airport I.
  • The Porsche Inter Auto dealer group has opened the first Porsche Store in Poland and one of the first in the world at the Elektrownia Powiśle in Warsaw. The 500-square-metre showroom showcases up to five of the brand's cars, as well as lifestyle products.

New appointments

  • Tomasz Waligórski will take over as General Manager of the Carrefour chain in Poland from 1 November. In this function, he will replace the previous, long-standing director of the Polish branch, Tareck Ouaibi.
  • Savills consultancy announced the strengthening of the Landlord Representation team within its office space division. Kamila Bartosik-Budecka and Michał Porzycki have joined the team.
  • Andreea Comșa has been appointed Commercial Director of Speedwell. In her new position, she will lead and coordinate the operations of the commercial department with responsibility for the sales and leasing teams. She will also oversee the implementation of sales and development strategies, being fully involved in marketing initiatives and expanding existing business segments.

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