Conclusion of a package of agreements concerning the acquisition of a fixed property located in Chylonia district in Gdynia by the subsidiaries
In reference to the content of the current report No. 67/2021 of 14 December 2021, informing about the conclusion of a package of preliminary agreements concerning the acquisition of a fixed property located in Chylonia district in Gdyni by a subsidiary, the Management Board of Unibep SA [Issuer] informs that on 28 September 2023 the companies from the Capital Group of the Issuer, subsidiaries of Unidevelopment SA, namely UNI 10 Sp. z o.o. and UNI 11 Sp. z o.o., with their registered offices in Warsaw [Buyer], signed a package of agreements with separate natural persons [Buyers]. These agreements transfer the ownership of the adjacent fixed properties located in Gdynia in Chylonia district to the Buyers [Agreements].
The subject of the agreements is the acquisition by the Buyers of land properties with a total area of approx. 1.2 ha for a payment in the total amount of approx. PLN 13.55 million net (Price). The remaining terms of the Agreements do not deviate from standard provisions typical for this type of agreements.
The acquired real properties will be held for implementation of Stage I of a multi-stage development investment, providing for approx. 780 residential units. The commencement of the investment is scheduled for the fourth quarter of 2024.
The handling of the investment process within this investment will belong to Unidevelopment S.A.