The company has inked the contract with RED Real Estate Development for construction of two housing blocks in the Alpha estate at Skoroszewska St. in Warsaw. The contract was worth PLN 30.2m (net value). Construction phase is to start in August 2011 with a delivery planned in 24 months. The contract payment will be divided into three years – PLN 5m in 2011, PLN 15m in 2012 and PLN 10.2m in 2013.
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