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Ronson Development, a developer known up till now for projects on the Warsaw market, has bought two plots in Wroclaw containing with total area of 4 ha. Ronson Development, a developer known up till now for projects on the Warsaw market, has bought two plots in Wroclaw containing with total area of 4 ha.
The plots are in the prestigious Krzyki district in the south of the city. The developer intends to build around 500 flats on each site arranged in the form of small multi-family developments. The company should secure all the necessary permits and begin construction work within the next 12 months.
Ronson Development first entered the Polish market in 2000. So far it has sold close to 1,000 flats and carried out three investments – the Sloneczny Skwer estate, and the Twoj Bialy Dom and Pegaz I buildings. Three other projects recently launched by the firm – the Lazurowa Dolina and Meridian estates and the Pegaz II building - are currently under construction.
In total, Ronson Development owns a dozen or so plots earmarked for residential investments in Warsaw, Poznan and Wroclaw, and is currently negotiating the purchase of further sites in Poland’s major urban centres. |