Real Management S.A. sells development plot

Real Management S.A. has sold a development plot of 13.7 hectares on ul. Wesoła in Pionki, a district of the city of Radom, to Family Partners Sp. z o.o. S.K. The parties chose not to disclose the price.

“The sale of the development plot in Pionki is another step in the implementation of our strategy to strengthen the focus of Real Management S.A. on the industrial and residential property sector,” said Arkadiusz Płociński, vice president of Real Management S.A. “The property in Pionki, which is best suited to buildings for retail or services, is not a great fit with this development angle. Hence our decision to sell the land.”

In line with its strategic goals for the next four years, Real Management S.A. plans to develop a further 500,000 m2 of modern manufacturing and industrial space under the name Good Point and 44,000 m2 of residential space in Warsaw as part of the Neo Natolin single-family housing development.