RONSON Development secures the land for another project in Warsaw
On December 18, 2020, RONSON Development signed contracts under which it acquires plots of land with a total area of 2,715 sq m. located in Warsaw’s Wola, at Studzienna Street. Pursuant to the decision on development conditions, it will be possible to build a complex of multi-family residential buildings with an underground car park and the necessary infrastructure in this place, with a total usable area of approx. 4 800 sq m.
“We are consistently increasing our land bank so that despite the very high rate of sale of premises, our offer remains as rich as possible and tailored to the needs of customers. This time we decided to purchase a property in Warsaw’s Wola district – this place is well known to us, adjacent to the Espresso project implemented by RONSON. As shown by the success of this investment – apartments in this location are very popular due to the proximity of a more compact, functional urban tissue and green areas, as well as very good communication with the Wola office district and the very center of Warsaw. We are convinced that the next project we will implement in this place will repeat the commercial success of Espresso. We initially assume that the new investment will enter RONSON’s offer in the fourth quarter of 2021 – says Andrzej Gutowski, Vice-President of the Management Board, Sales and Marketing Director at RONSON Development.
The price of the property was established at PLN 13,500,000 net.
At the end of October this year RONSON Development has acquired real estate with a total area of approx. 5.9 thousand sq m. sqm located in Warsaw’s Mokotów district.