Briefs

Fewer flats under construction

A report out by GUS (the main statistical office) states that the first quarter of 2002 saw less residential construction activity as compared to the same period last year in 12 Polish regions.
The findings show that over 16 % fewer flats were handed over in comparison with last year, with some regions even having as low as 30 % less. The Lubuskie region in western Poland, the Świętokrzyskie region in southern Poland, the Kujawsko-Pomorskie region in central Poland and the Wielkopolskie region in western Poland, however, all recorded an increase in the amount of residential space handed over. Construction of new flats by housing co-operatives decreased by over 55 %. The number of flats for sale or for rent over all fell by over 13 %. A 15 % increase was recorded in residential construction activity was undertaken by private individuals and companies building for their employees.

First flats in Miasteczko Wilanów available 2003

Developer Robyg Development and NKA Investment (who are in charge of marketing and sales) announced that the first phase of the 'Nowa Rezydencja Królowej Mary-sieńki' (New Residence of Queen Marysieńka) residential complex will be available from September 2003. The development forms part of Prokom's Miasteczko Wilanów project in Warsaw.

The first phase will see 150 30 - 190 sqm flats being built. Prices vary from USD 1,200 - 1,300 per sqm. The whole Nowa Rezydencja Królowej Marysieńki complex, which is being built on an 8-hectare site, is to comprise a total of c. 1,300 flats.

Warsaw not to renovate blocks built in the 60's and 70's

Warsaw authorities have decided not to renovate blocks of flats built in the 60's and 70's, as the city cannot afford the high costs this will incur. A similar programme was undertaken a few years ago in Berlin where c.100,000 flats were renovated. The cost of 'modernisation' of one sqm amounted to PLN 1,500 - 2,100 with Berlin city authorities supporting the housing co-operatives. Their assistance reached 80 percent of the cost of the undertaking.
(Source: "Puls Biznesu")