Profil:
Develia SADevelia real estate sells 2,5k flats in Q1-Q3 2025 vs 2,7k in prior year period
Listed real estate firm Develia has sold 2,500 apartments in the first three quarters of 2025, down from 2,700 in the prior year period, while handing over 1,963 residential units to customers against 1,797 a year earlier, the developer said in a market filing. In the third quarter of 2025 alone, sales amounted to 801 flats, up 7 percent year on year.
16 flats were sold and 190 were handed over under joint venture projects.
According to the market filing, Develia group companies have concluded 69 reservation agreements, which are expected to be converted into development agreements in the next period.
In the third quarter of 2025 alone, Develia sold 801 apartments, an increase of 7 percent year on year.
In the third quarter of 2025, Develia handed over 770 flats to customers, up by 4 percent, i.e. from 740 in the prior year period. According to the project schedule, the accumulation of handovers will take place in the fourth quarter, which is expected to have a positive impact on Develia's results for 2025.
The sales figures provided by Develia refer to sales based on notarised development agreements and preliminary agreements. This value has been reduced by terminated agreements.
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