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POLAND DLE makes first Polish land purchase

Land acquisitions
DLE Poland, a fund managed by German land development specialist DLE made its first Polish acquisition – a site for the possible development of 4,500 apartments in Warsaw’s Żerań district.

Berlin-based DLE Group launched DLE Poland in 2021, to purchase large plots without building permits, dividing them into smaller subplots, and preparing them for construction by project developers.

I am very pleased that we have achieved best-practice for our strategy in Poland with our first deal. The property’s shape and size allow for the construction of up to 4,500 flats. Not least, given the current political situation, DLE Poland will thus contribute to improving the situation in the Polish housing market for the foreseeable future.
Dr Marcus Schulz, the CEO of DLE Poland

The geographical focus of DLE Poland’s land purchasing activities, through the DLE Landbanking Fund (Poland), is to be 50:50 divided between the Warsaw city area and regional university cities.

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Edition 9 (291) September 2024

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