BPI RE Poland has bought a plot of land in Wrocław for another investment in Poland

by   CIJ News iDesk III
2021-05-25   11:34

BPI Real Estate Poland (BPI RE Poland) has purchased a plot of land in the center of Wrocław for another investment in Poland - after Poznań, Warsaw and the Tri-City, the company said. The purchase of plots of land for new investments, the total gross area of ​​which amounts to 200,000 sqm, is closely related to the company's further development plans.

"In line with our strategy, we only invest in the best locations. Both the land in Wrocław and the other recently purchased land in Poznań, Warsaw and the Tri-City are characterized by a very attractive location. We are currently preparing to implement further investments. There is a lot of work ahead of us, but I am here. convinced that soon we will be able to present more detailed information on each of the planned projects," said CEO of BPI RE Poland Béranger Dumont.

The Belgian developer, in line with the adopted business strategy, plans to implement further investments in Poland in the coming years, in the cities where previous BPI projects were built are in Poznań, Warsaw, Wrocław, as well as in the Tricity.

BPI Real Estate Poland, as part of a joint venture with Revive, at the end of 2020 purchased a plot of land from Międzynarodowe Targi Poznańskie in the center of Poznań, where a unique large-city investment will be implemented. The developer's investment portfolio has recently expanded to include land for new investments planned in Warsaw and Tricity. details of each project. Currently, all planned BPI investments in Poland are in the design phase.

BPI Real Estate Poland is implementing its business plan assuming, above all, further development in Poland. According to the published annual report of the CFE Group, the BPI development activity, thanks to its operations in Poland, recorded an increase in results for the past year. The goal of BPI in Poland is to start several investments this year on recently purchased plots of land. Currently, the Belgian developer team is focusing on formal and conceptual works preparing individual investments for launch.

BPI Real Estate Poland has been present on the Polish market since 2009. During this time, it has completed seven investments, under which over 2,000 sqm were built and sold. apartments. The Belgian developer operates in Poznań, Warsaw, Wrocław and the Tri-City. BPI Real Estate Poland belongs to the Belgian capital group CFE listed on the Euronext stock exchange in Brussels.

Source: ISBnews and BPI Real Estate