PL

Murapol buys land in Kraków

Eurobuild CEE
POLAND Murapol has signed a preliminary agreement to purchase the right of perpetual usufruct to the a 2 ha site on ul. Pachońskiego in Kraków.

The price comes to PLN 27.1 mln net and Murapol is planning to build 572 apartments with a combined usable area of over 23,500 sqm. Murapol has made a down payment of PLN 12 mln with the deal to be closed by May 31st, 2019. This is the company’s second attempt to buy the plot. “We’ve finally managed to reach a consensus with the vendor, and the terms of the contract signed today are acceptable to both parties. The land in question represents an attractive investment for us,” says Nikodem Iskra, the CEO of Murapol. Murapol is also constructing its Murapol Parki Krakowa project in close vicinity to the property. The first stage of Parki Krakova comprises 152 apartments and further stages of the project are now being prepared.

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schedule 10 May 2024
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schedule 13 May 2024

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schedule 26 September 2023

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Edition 5 (288) May 2024

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