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. However, the Cavatina group also includes housing companies – Resi Capital and Cavare. The company does not disclose what it intends to build.

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Belgian developer Ciril is the new owner of the plot

Another transaction on the real estate market in Warsaw. Belgian developer Ciril, belonging to the Democo group, which has been operating in Poland for over 30 years, purchased an investment area with an area of ​​almost 2 500 sqm at Przyokopowa St. in Wola, near Zawiszy Square and Rondo Daszyńskiego. We had the pleasure of mediating this transaction.

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Greenfields represents Ronson Development in a purchase of land in the Wola District

Ronson Development purchased plots of land with an aggregate area of 2,715 sq m, situated on Studzienna Street in Warsaw’s Wola District. The zoning permit allows the construction of a complex of apartment blocks on those plots of land, with underground garages and the necessary accompanying infrastructure, with a total usable area of ca. 4,800 sq m.

The new investment is expected to be on the developer’s offer in the fourth quarter of 2021. Greenfields handled the purchase of the plots of land for the investor.

– We know this location very well, as it neighbors the Espresso Estate constructed by Ronson. The success of this investment showed that apartments in this location are much sought after, due to their proximity to more compact and functional urban fabric and green areas, as well as convenient public transportation offering easy access to the office building part of the Wola District and downtown Warsaw,’ said Andrzej Gutowski, vice-president of the management board and sales and marketing director of Ronson Development.

– Our key contribution to this investment consists in preparing the land and turning it into land intended for housing purposes by obtaining a zoning permit. Thanks to that, the transaction could be closed,’ said Aleksandra Wołodźko, president of Greenfields’ management board. ‘The location of the plot of land is popular with young families, who appreciate the availability of convenient public transport permitting easy access to downtown Warsaw, she added

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. However, the Cavatina group also includes housing companies – Resi Capital and Cavare. The company does not disclose what it intends to build.

Read More »