Develia has announced that it sold 951 units based on development and preliminary agreements in the first quarter of this year, and delivered 523 apartments.
The 951 apartments sold by Develia in Q1 of 2025 represented a decrease of 8% from the same period of last year, when it sold 1,038, and the developer delivered 523 apartments in Q1 of this year, compared to 598 in the same period last year. Develia also delivered 156 apartments in joint-venture projects.
Develia also had 103 reservation agreements at the end of March this year, which may be transformed into developer-performer agreements in the near future.
“The first months of this year were a stable period for us and we are pleased with the result of 951 sold apartments,” said Develia President Andrzej Oslizlo. “The achieved result was positively influenced, among other things, by the large number of reservations with which we ended last year. When comparing quarterly data to last year, one should take into account the exceptionally high base. The first quarter of 2024 was a record for Develia, supported by the completion of the ‘Safe Credit 2%’ program.”
“We expect that the forecasted reduction in interest rates will be a significant factor supporting the residential real estate market in the second half of the year,” added Oslizlo. “At the same time, we are focusing on achieving our goals this year.”