DEKPOL Deweloper sold in H1 2023 of 198 premises

In the discussed period, the Group’s property development segment sold (based on reservation, preliminary and real-estate development agreements) of 198 premises, comparing to 197 premises in H1 2022. 181 premises will be recognized in financial result for H1 2023, comparing to 103 premises in H1 2022.

– In the current market situation, having a wide and diverse range of properties pays off – both in the premium segment, where cash buyers dominate, wanting to invest their savings in a promising real estate market, as well as in the popular segment, responding to the still unmet housing needs of Poles. Thanks to such diversification, we achieve good sales results, quarter after quarter, improving since the market slump a year ago, despite operating in an environment of high inflation and, consequently, limited disposable income and credit capacity of customers. At the same time, both from the perspective of the land bank we possess and from purely operational standpoint, we are flexible and well-prepared to quickly respond to changing market trends. When planning the start of construction and sales of individual projects, we closely monitor what is happening in the market and what may happen in the medium-term perspective. We anticipate, among other things, further positive impact on demand from the Safe Credit 2.0 program, primarily in the popular segment. On the other hand, demand in the premium segment is the most stable and resistant to changes in the macro environment. In both segments, we are present with a wide range of sales offerings– says Sebastian Barandziak, CEO of Dekpol Deweloper.

At the end of June 2023, the offer of Dekpol Deweloper included 609 premises available for sale.
In H1 2023, the Group conducted primarily sales of the following investments:

• 1. Grano Marina Hotel – a building with a total of 130 commercial premises located in Wiślinka near Sobieszewska Island, part of the “Sol Marina stage I” investment,
  2. Sol Marina stage II – a complex of 15 apartment buildings with a total of 127 commercial premises, located in Wiślinka near Sobieszewska Island,
  3. Sol Marina stage III – a complex of 16 apartment buildings with a total of 140 commercial premises, located in Wiślinka near Sobieszewska Island,
  4. Baltic Line – an apartment building with a total of 60 commercial premises, located on Sobieszewska Island,
  5. Baltic Porto – apartment building with a total number of 72 commercial premises, located on Sobieszewska Island,
  6. Osiedle Pastelowe stage IIa – 3 residential buildings with a total of 225 residential units located in Gdańsk,
  7. Osiedle Pastelowe stage IIb – 2 residential buildings with a total of 125 residential units located in Gdańsk,
  8. Neo Jasień stage I – 2 residential buildings with a total of 104 apartments, located in Gdańsk,
  9. Neo Jasień stage II – 2 residential buildings with a total of 98 apartments located in Gdańsk,
  10. Trimare stage I – 9 residential buildings with a total of 189 residential units located in Sztutowo,
  11. Osiedle Kociewskie stage II – 3 residential buildings with a total of 129 residential units, located in Rokitki near Tczew.

In addition, the Company indicates, that in H1 2023, there were issued final use permits for the following investments:

• 1. 2 multifamily residential buildings consisting of 86 apartments as a part of the investment “Osiedle Kociewskie Stage II” in Rokitki near Tczew, as of June 30, 2023, approx. 78% of apartments are sold,
  2. 1 apartment building consisting of 20 apartments as a part of the investment “Baltic Line” in Gdańsk, as of June 30, 2023, 80% of apartments are sold,
  3. 9 multifamily residential buildings consisting of 189 apartments as a part of the investment “Trimare Stage I” in Sztutowo, as of June 30, 2023, approx. 28% of apartments are sold.

Contact for media:
Katarzyna Sadowska
cc group
katarzyna.sadowska@ccgroup.pl
tel. +48 697-613-020
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Dekpol Capital Group is dynamically developing in construction and property development industry as well as in production of accessories for construction machines. The company was established in 1993. It owns a modern machine park and highly qualified staff. From the beginning of its business activities, it has ambition and determination to further dynamic development with usage of modern technologies. Business activities of the Dekpol Capital Group are based on three main segments. General Contracting services provide the largest share of the Group’s revenues. The offer covers a very wide range of activities. The company has extensive experience in implementation of industrial, logistic, commercial, public, sports and recreational facilities, as well as environmental protection facilities. It also carries out road, sanitary and hydrotechnical works. The company has an established leadership position in Northern Poland and is one of the largest general contracting companies for cubature facilities on a national scale. In turn, Dekpol Steel, the part of the Dekpol Capital Group, is a manufacturer of buckets and accessories for construction machines. It cooperates with the world’s largest manufacturers of construction machinery. The products are sold to Norway, Sweden, Germany, the USA and Great Britain, and even to Morocco and Australia. The third dynamically developing segment of the Dekpol Capital Group is the property development activity, which, from the beginning of 2019, as a part of Dekpol Deweloper Sp. z o.o. offers flats, apartments, and commercial premises. Since January 2015, the shares of Dekpol S.A. are listed on the Warsaw Stock Exchange.

More information available at: https://dekpol.pl/