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Polnord SA purchased land in Gdańsk for construction of around 276 holiday apartments.

2017-06-05
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The signed notarial act covers the conditional agreement of perpetual usufruct of land property consisting of two parcels with a combined are of 40.5 thousand square meters, located in Gdańsk.

“Concluding the conditional agreement of perpetual usufruct of land properties located in Gdańsk is the next step after the preliminary contract concluded in February this year. Realizing housing investments in an attractive part of the city will have positive effect on the Polnord Group development in the future” – said Dariusz Krawczyk, Polnord’s Management Board President.

Polnord SA is a holding company. Operations are handled by special purpose entities, created for realizing particular investments. Polnord realizes construction projects in Warsaw, Łódź, Gdańsk, Gdynia, Sopot, Olsztyn, Szczecin and Wrocław. Since 1991 the company has been listed on the Warsaw Stock Exchange.

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