Łódź city council earned as much as 102 Million PLN on real estate sales in 2015. While the amount of transactions is lower than in 2014, the value of the estates sold hit an all time high. The most-valuable plot sold is located in the new center of Łódź, the so-called “City Gate”.
Among the most valuable plots of land sold is the so-called City Gate as well as the plot opposite the Izrael Poznański Palace, where the investor is planning to erect an office building.
We have ambitious plans for next year’s sales, adds Agnieszka Graszka of the Department of Property at the city council. – We have prepared about 290 real estate with a combined value of more than 250 million PLN.
This year, the city sold a total of 156 real estate which is less compared to last year, however, the transactional value of those 156 property was higher.
Image: Radio Lodz