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The Warsaw Voice » Business » June 25, 2018
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Murapol looks to Germany
June 25, 2018   
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Nikodem Iskra
Real estate developer Murapol is continuously surveying the German market in search of attractive land plots for housing projects that would guarantee satisfactory return on investment, CEO Nikodem Iskra says as cited by the daily Parkiet.
The company decided to sell a land plot with a building permit in Berlin as the offers from investors exceeded four times the value of the purchase, Iskra says of the recently concluded EUR 6.2 million deal.
However, analysts see the transaction more as a way to tidy up company's assets ahead of an IPO and to improve firm's recently weak liquidity.
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