The ROBYG Group received a building permit for the 7th and 8th stages of the Życzliwa Praga estate. All premises as standard, without additional costs, will be equipped with the Smart House system – which increases comfort and safety of use, and reduces operating costs. The Życzliwa Praga investment is being built in a well-developed infrastructural part of Warsaw – near Tarchomin, at the intersection of the North Bridge and Modlińska Street. The estate will ultimately consist of approximately 1000 apartments.
Currently, the Group's sales offer in Warsaw, Gdańsk and Wrocław includes a total of 1,900 premises – it is constantly supplemented with new stages and investments. ROBYG is already conducting development activities in Warsaw, Gdańsk and Wrocław. It also has an investment area in Poznań enabling the construction of approximately 1400 units. ROBYG means over 20 000 premises sold and 60 000 satisfied customers. The company's sales potential for the next quarters is high – the land resources enable the construction of approximately 14 000 apartments.
“The Życzliwa Praga estate in close Tarchomin is an attractive offer both in terms of location and affordable prices. We want every investment to be designed and executed in a way that fully meets the clients' needs. We focus on efficient finalization of formal and administrative procedures – to start construction works and hand over flats as soon as possible. Over the past year, we have developed a smooth process of implementing development investments – which is reflected in the amount of construction work we carry out. A large and stable group of our clients – about 40% – are people buying apartments for cash. The majority being bought, among others. to rent. Therefore, our priority is a wide offer and land resources for further investments – currently our land bank allows for the construction of approximately 14.000 apartments” – states Joanna Chojecka, Sales and marketing Director in ROBYG SA.
The Życzliwa Praga estate is a refuge of peace for those who value comprehensively designed areas. Low-rise buildings – only five floors and bright facades make the estate intimate. In the premises on the ground floor there are gardens for the residents, and the greenery on the estate and small architecture along with the playground make it possible to relax here. In addition, schools, kindergartens and communication routes in the immediate vicinity of the investment increase the quality of life. The investment is located in the vicinity of Galeria Północna, numerous shops and bazaars, cozy beaches on the Vistula River and Northern Bridge, which ensures fast communication with the city center.
The most important advantages of the Praga Friendly District:
All ROBYG apartments are equipped in standard with modern Smart House technology. Customers do not have to pay any additional fees for this solution. Smart House allows remote controlled home electronics, heating, as well as the security system.
The ROBYG Group also introduced a new product – micro-apartments. The first investment of this type will be built in Warsaw’s Włochy. Two Modern Space buildings will contain 402 units with areas from 16 – 38 sq m. The commencement of the investment is planned for the beginning of 2020. Such premises are a modern form of investment and an excellent financial deposit. Micro-apartments are an attractive solution, among others for people looking for a comfortable place close to the workplace, or during studies with the prospect of further renting after their completion.
In the first half of 2019, the ROBYG Group recorded revenues of PLN 420 million. Net profit amounted to almost PLN 50 million, and net profit attributable to shareholders of the parent company to PLN 36 million. In the first half of 2019, the company had 3850 premises under construction in 3 cities and contracted land for PLN 140 million – thanks to which it has sales potential for approximately 14.000 premises. In addition, in the first half of 2019, it expanded its area of operations to Poznań – where it purchased a plot of land in Ostrów Tumski with the potential of building 1400 units. After three quarters, the Group sold 1853 net units.
Additional information: www.robyg.pl/en