7 lutego 2025
Monting Development buys second land in Warsaw. It plans to build unique flats
Monting Development is consistently pursuing its growth strategy through investments in key locations. The developer signed a conditional agreement with the listed company Archicom of the Echo Investment Group for the purchase of the perpetual usufruct right to a parcel of land on Chłodna Street in Warsaw. It is planning a luxury flat development there.
– This transaction is part of our long-term plans and confirms our focus on investments in key locations. The investment at Chłodna Street will be a unique project on a national scale. We intend to create high-end flats there that will set a new standard of luxury living. They will combine modern design, top quality workmanship and unique amenities for future residents. We will present the details of the project once all formal requirements have been met,’ announces Danilo Djurović, CEO of Monting Development.
The signed agreement is conditional – its finalisation depends on the decision of the Mayor of the Capital City of Warsaw, who has the right of first refusal to purchase the land. It is worth noting that this is already the second purchase in Warsaw – the first property was acquired by the company at Cynamonowa Street in Ursynów. It is currently working on finalising the concept for this project and is preparing to start selling and implementing the investment.
– Our priority is to create modern, functional estates that respond to the needs of residents, in line with the idea of sustainable development and the highest market standards. We are constantly on the lookout for attractive land in top locations in Warsaw and the Tri-City, which allows us to develop dynamically and create high-quality residential spaces,’ adds Monting Development’s CEO.
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