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Monday, August 22, 2011

Land For Investment - Going to double this year

Until the end of 2011 real estate investors and developers will land in Poland with a total volume of 1.5 billion zł.1.2-bought, bought more than twice the value of land last year, when the number was about zł.500 million, according to a recent forecast Colliers International Poland.

Since the beginning of this year, lots have been sold for a total of zł.600 million. JW Construction material transactions involved and Dom Development, the almost zł.174 million zł.168 million and paid for land in Warsaw, as well as Echo Investment, which bought two plots in the capital for zł.63 million and E31 million.

Land For Investment

Today investors Buy very careful. Negotiations take eight to 12 months and close towards the end of the year. In terms of purchases, the first half of the year was not impressive, but you must remember that in the same period last year, not only large transaction was closed, "Daniel Puchalski, director of the Investment Agriculture Department at Colliers International, said in a statement.

He added that currently signed in advanced negotiations, including those already underway with preliminary agreements, the sale of land for a total price estimated around zł.520 million.

Colliers is also working on a variety of projects involving major investment properties currently on the Polish market. This includes a portfolio of land in Warsaw-based carmaker FSO and located near the international airport in Warsaw and a large plot in the upmarket suburb Konstancin-Jeziorna the Polish capital.

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