Apartamenty Tuwima acquires 1.65 ha in Łódź

by   CIJ News iDesk II
2020-01-10   09:13
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Apartamenty Tuwima has acquired 1.65 ha of land in Łódź from Neonica. JLL represented the vendor in the transaction process. Multi-family residential buildings with services will be developed on the plot, which is located on Tuwima street. “The transaction illustrates that developer interest in Łódź is growing. This applies to both companies that have been present in the city for years, as well as new players who are considering expanding into the Łódź market,” said Joanna Kieszczyńska, director of land and medium-size Investments at JLL. “This is the result of, among others, a very good situation in the housing sector. According to market monitoring conducted by the JLL residential team after Q4, developers operating in Łódź closed 2019 with another sales record.”