Prime Property Prize 2024 – Nomination

Wonderful news and a pleasant surprise, with such news we can start every day! We just found out that Aleksandra Wołodźko, CEO Greenfields, qualified for the TOP 5 of the Competition 2024 Prime Property Prize in the category: Person of the Year Propertynews.pl

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Halfaway Point 2024 – Property Insider

“Usually rushing from one meeting to another, from one transaction to the next, from phone calls to emails…and back again. Despite this fast-paced work environment, I found a moment to pause, take a breath, and ask myself the question: Where is the Polish Real Estate market heading, and what routes is it following?” Aleksandra Wołodźko was shared with her observations in the special edition of Property Insider – 2024 Halfaway Point.

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Alicja, welcome on board!

It’s time to introduce you to a representative of Generation Z, who perfectly matched to our intergenerational structures. Meet Alicja Wdowiak – intern, student of Law in Business Management at L. Kozminski Academy in Warsaw.

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Cavatina is not the only one who investing in the land

Cavatina will pay nearly PLN 150 million for a hectare plot in the center of Warsaw. There have been more such large transactions on this market recently.

Cavatina Holding confirmed in a stock exchange announcement the information disclosed by PB that it was the buyer of the 1-hectare plot at Chmielna 75 St. in Warsaw. The conditional sales agreement with Poczta Polska – the condition is that the National Real Estate Resource does not exercise the right of pre-emption in favor of the State Treasury – was signed on October 12, and the sales price was set at PLN 147.6 million gross.

Cavatina still does not inform about investment plans in this place. According to the latest planning records, there is still an office function there from the time when the Post Office applied for development conditions and was considering building a headquarters here. However, the developer carries out both office and residential investments.

PLN 147.6 million for a hectare plot is an official record in recent years – the price of 1 square meter of land, if the conditions of the transaction are met, will be as much as PLN 14 000. Next in the ranking would be the land purchased by Dom Development from Warsaw in September last year at Beethoven St. – the price per square meter was over PLN 6 200. The third place on the podium goes to the plot purchased by Strus Development from Bank Pekao at Chełmska St. – PLN 5 800 per sqm.

When comparing land prices, you should take into account how much PUM (usable area of ​​apartments – ed.) we can realize here. The more PUM in a given area, the more the value of the plot increases – says Aleksandra Wołodźko, CEO of Greenfields.

As an example, he cites two purchases by Dom Development at Powązkowska St. Purchased in 2011 from WTBS Kwatera, an almost 10-hectare plot cost PLN 170 million, and bought in 2017 from Mirabelle Investments, related to Apricot, land with an area of ​​4.3 ha – PLN 184.6 million. In the latter case, the price per square meter of land was PLN 4 290, and in the former, only PLN 1 720.

More information on this topic can be found in the article published on the Puls Biznesu:
https://www.pb.pl/nie-tylko-cavatina-inwestuje-miliony-w-ziemie-1198132

Prime Property Prize 2024 – Nomination

Wonderful news and a pleasant surprise, with such news we can start every day! We just found out that Aleksandra Wołodźko, CEO Greenfields, qualified for the TOP 5 of the Competition 2024 Prime Property Prize in the category: Person of the Year Propertynews.pl

Read More »

Halfaway Point 2024 – Property Insider

“Usually rushing from one meeting to another, from one transaction to the next, from phone calls to emails…and back again. Despite this fast-paced work environment, I found a moment to pause, take a breath, and ask myself the question: Where is the Polish Real Estate market heading, and what routes is it following?” Aleksandra Wołodźko was shared with her observations in the special edition of Property Insider – 2024 Halfaway Point.

Read More »

Alicja, welcome on board!

It’s time to introduce you to a representative of Generation Z, who perfectly matched to our intergenerational structures. Meet Alicja Wdowiak – intern, student of Law in Business Management at L. Kozminski Academy in Warsaw.

Read More »