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VICTORIA DOM SPÓŁKA AKCYJNAVictoria Dom developer sells 328 flats in Q2 2025, up 7 pct y/y
Listed developer Victoria Dom sold 328 apartments in the second quarter of 2025, up by 7 percent year on year, the company said in a press release.
In the entire first half of 2025, the developer sold 603 units, down 5 percent year on year.
"Demand in the primary market - in response to declining mortgage costs - is slowly recovering after a weak end-2024," assessed Victoria's deputy CEO Waldemar Wasiluk, quoted in the press release.
He added that evolving changes in technical conditions for residential buildings, difficulties in acquiring land for housing and a systematic increase in the price of construction materials could limit new supply and trigger further price increases.
"Buying a flat today is a decision to hedge against future increases. Realistically, we can expect price increases of around 5 percent per year," Wasiluk said.
In Poland, Victoria Dom is currently developing projects in Warsaw, Cracow and the Tricity. The company is also developing its operations in Germany: in Berlin and Leipzig.
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