Holding onto to the number one spot

Jumping onto the podium In 2011 the company hit a rather cautious note, forecasting the sale of 1,000 apartments – and just about managed to do this. However, the appetite of Oscar Kazanelson, the president of Robyg’s supervisory board, was far from satisfied. The subsequent purchases of new plots and putting new projects onto the market resulted in the sale of more than 1,700 apartments in 2013 – and in 2014 it expects to sell over 2,000 apartments. And the developer looks likely to succeed. In the first three quarters of 2014, the company considerably exceeded the level of 1,500 pre-sold apartments, which considering that over 500 apartments have been sold per quarter, indicates that doubling the number of contracts signed within three years now seems likely to happen. Bigger land bank Thus it should come as no surprise that the stock-exchange listed developer has had no problems with subsequent bond issues, with stock-exchange analysts eager to recommend buying