Novum Developer and a plot of land intended for residential development

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Novum Developer and a plot of land intended for residential development

Greenfields has successfully managed the sale of a plot of land at Igańska Street, in Warsaw’s Praga-Południe District.

The plot of land, with an area of ca. 1,240 sq m, is situated at the intersection of Igańska Street and Białowieska Street. The buyer, Novum Developer, intends to build quiet residential block offering 31 apartments.

‘We will use this plot of land to construct apartments with ca. 2,400 sq m of usable floor area. The building, intended to offer an above-average standard, will have five stories, including an underground garage. The ground floors will house commercial premises,’ said Tomasz Domagała, a member of the management board of Novum Developer.

The investment project is scheduled to be completed in the third quarter of 2022.

Greenfields has been on the market since 2005, providing professional advisory services in connection with sale and purchase of land. It offers comprehensive services in connection with preparing land for investment execution, i.e. business and technical support, as well as with ongoing legal and financial advice.

 

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