2025-01-13
residential
Murapol sold 873 units to retail customers in Q4 2024, up from 840 units in the same period last year. The company handed over 1,195 units during the quarter, a significant increase from 567 in Q4 2023, it announced. “These operating results reflect a solid performance despite challenging macroeconomic and market conditions. We have strengthened our position in both the retail and PRS (Private Rented Sector) segments, selling nearly 3,900 units in total and achieving over 4,000 booked units,” said Murapol President Nikodem Iskra. “In Q4 alone, we signed nearly 900 development and preliminary agreements with retail customers and sold an additional 948 units in the PRS segment.” Murapol’s strategy of systematically expanding its product offerings has been key to its success. In 2024, the company made over 3,900 units available to retail customers across 16 cities. The group also entered new markets, launching its first project in Lublin and preparing residential developments in Kielce and Częstochowa. In 2024, Murapol concluded 2,914 development and preliminary agreements with retail clients, a slight increase from 2,889 in 2023 (+0.9%). As of December 31, 2024, the company held 161 paid-up booking agreements after accounting for cancellations, compared to 142 at the end of 2023. The PRS segment also showed robust performance, with the sale of 948 units under the design-and-build model for institutional leases. Combined net sales in retail and PRS reached 3,862 units in 2024, up 7.8% from 3,582 in 2023. Including paid-up booking agreements, total sales reached 4,023 units, an 8% increase from 3,724 in 2023. In terms of handovers, Murapol delivered keys to 2,915 retail units in 2024, a 4.1% rise from 2,801 in the previous year. In Q4 alone, 1,195 retail units were delivered, a remarkable 110.8% increase compared to 567 units in Q4 2023. The PRS segment accounted for 670 additional handovers. Murapol introduced 3,911 units across 16 projects in 13 cities during 2024, a 3.7% increase from 3,770 units in 2023. Key markets included Kraków, Wrocław, Łódź, Poznań, Gdańsk, and the Silesian Agglomeration, as well as new developments in Lublin. By year-end 2024, Murapol’s portfolio comprised 4,618 available units across 16 cities. The group was constructing 7,756 units in 101 buildings under 28 projects in 14 cities. This included 6,115 units in the retail segment and 1,641 in PRS. Murapol also continued to expand its active land bank, which at the end of 2024 could accommodate over 19,300 units with a total usable area of nearly 822,000 sqm across 19 cities. Source: Murapol and ISBnews Photo: Murapol Corfa, Katowice