Vantage Development is expanding its operations to other Polish cities. At the turn of the year, the company acquired 4 properties in Poznań, and last week it won a tender for the purchase of a plot in Łódź.
The property is located at ul. Tuwima, in the heart of the New Center of Łódź. The revitalized EC1 Science and Technology Center and the Łódź Fabryczna railway station are in the vicinity. Approx. 240 apartments for rent will be built on the plot and existing historic warehouse spaces will be transformed into commercial and service premises.
The value of the transaction is PLN 8,580,000. After signing the final sales contract, design works related to the investment will begin.
