Develia, one of Poland’s leading real estate developers, is setting its aspirations high for 2025, aiming to sell between 3,100 and 3,300 units and deliver between 2,900 and 3,100 completed apartments. The company is also planning to launch construction on at least 3,100 new units as part of its growth strategy.
The developer has also outlined its intention to finalize the sale of Arkady Wrocławskie, with the deal valued at €42.9 million. This move is part of Develia's strategy to exit the commercial real estate market and focus on residential development.
Despite facing challenges within the broader real estate market, Develia is poised to expand its foothold in the living segment. Recently, the company acquired land in Wrocław for the construction of student housing, which will include approximately 600 rooms. Last year, the company celebrated record sales, achieving 3,197 units sold, representing a substantial 20 percent increase year-on-year and surpassing its initial targets.
“We anticipate market stabilization this year, which is why we hope to maintain this level or slightly exceed it. We plan to offer and start the construction of at least 3,100 units,” noted President Andrzej Oślizło.
Oślizło's remarks highlight Develia's optimistic outlook amid industry difficulties, where many developers faced significant setbacks—a report by JLL indicated only about 40,000 housing units were sold last year, reflecting a 31 percent drop compared to 2023.
The end of 2024 marked a remarkable achievement for Develia, which not only surpassed its sales goals but also recorded over 2,800 units delivered to clients. The company has set its target even higher for this year, aiming to deliver between 2,900 and 3,100 apartments.
“Last year was spent preparing for the sale of Arkady Wrocławskie,” said Vice President Paweł Ruszczak, explaining the company's strategic transition. The pre-sale agreement with Vastint Poland, confirming the sale price of €42.9 million, was signed before December 2023. With plans to start the demolition process already set for mid-February, this technological shift is expected to streamline Develia’s transition toward residential focus.
Market observers have noted signs of improvement as well. According to data from Tabelaofert.pl, there was a reported 22 percent increase in apartment sales across the capital city of Warsaw as of January 2025 compared to the previous month. This surge may hint at broader market recovery, though it follows a period of decreased buyer activity toward the end of the previous year, which Robert Chojnacki, founder of Tabelaofert.pl, suggests could indicate adjustments to incoming trends.
“The end of the year saw weakened buyer activity, which partially explains this increase,” Chojnacki remarked, adding insights on how Warsaw typically leads market reactions to broader economic changes.
The past fiscal year demonstrated Develia’s resilience and capacity to adapt amid fluctuations, with the company strategically positioning itself for future growth—a move reflecting what many industry experts view as necessary for long-term momentum in the Polish real estate market.
Overall, as Develia embarks on these ambitious plans for 2025, the developer appears to be steadfastly committed to not only maintaining but enhancing its presence within the rapidly adapting Polish real estate sector, focusing strongly on the increasing demand for residential options.