September 08, 2016

Colliers advises Qualia Development in the sale of investment land at the seaside resort Jurata, Poland

Colliers advises Qualia Development in the sale of investment land at the seaside resort Jurata, Poland

Qualia Development, a company from the PKO BP group, has just sold the investment land in Jurata, on the Hel Peninsula, with a total area of 16,640 sqm. The transaction value was nearly €10 million. The vendor was advised by Colliers International.

“The sale consisted of two investment plots allowing for the construction of a luxury residential project overlooking the bay and a hotel. The transaction process included talks about the categorization and standardization of the hotel building. Colliers participated in choosing the hotel chain, which will construct its object in Jurata,” said Emil Domeracki of Colliers International responsible for the transaction.

Qualia Development is a development company, a member of PKO Bank Polski corporate group. Qualia carries out housing construction projects and builds a network of condo hotels, operated under the global brand of Golden Tulip. Investment Services Department of Colliers International has recently supported the company in the sale of 100 percent stake in Fort Mokotów Inwestycje for over €31 million.

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