HOUSING ESTATE GETS MONEY FOR START

Real Management S.A. announced funding for construction of the first stage of the Neo Natolin housing estate.

The company has received funding of PLN 125 million for construction of its residential project Neo Natolin, which is being developed in Warsaw’s Wilanów district, at Stefan Korboński St..

“We are truly pleased that Santander Bank Polska S.A. appreciates our long cooperation, our experience in the industry, and the unique strengths of the Neo Natolin project,” said Marcin Malka, CEO of Real Management S.A. “The funding, along with the investor’s downpayment, covers the project’s budget in full, allowing us to focus on subsequent execution of the development. The first stage of the project comprises 84 high-end semi-detached houses. Buyers can choose plots ranging from about 580 m2 to 990 m2, guaranteeing comfort and privacy. The Neo Natolin development will ultimately consist of around 300 residential units with accompanying infrastructure on a 36.5-hectare property. The first stage of the estate will be ready to welcome its first residents as early as Q3 2024,”, he added.

During the funding acquisition process, Real Management S.A. was advised by the Banking and Finance Team at Dentons, headed by partner Bartosz Nojek.