Develia buys PLN 21.25 million land. Develia stock sits 15.95 percent above its 52-week low

Published on 10/19/2026 at 01:06 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The Krakow project is planned for 97 homes and sales in 2026. For Develia stock, 2026 sales target 3,600 to 3,800 homes.

Expansion and operating milestones

Develia announced a PLN 21.25 million Krakow land purchase on October 16, 2026.
Third-quarter sales reached 954 homes, up 19 percent year over year.
Develia had a PLN 4.1 billion market capitalization on October 16, 2026.

Develia, PLLCCRP00017, Illustration mit AI erstellt.

Develia (PLLCCRP00017) announced on October 16, 2026, that its subsidiary bought Krakow land for PLN 21.25 million for a 97-home project, according to Bankier.pl. The planned sales launch is set for 2026, adding another project to the Polish developer's pipeline.

What does the project add?

Develia Po?udnie bought the property in Krakow's Podgórze district. The net purchase price was PLN 21.25 million, with the gross price set at PLN 26.14 million, while the planned project contains 97 residential units.

The transaction follows a larger Warsaw expansion announced on October 13, 2026. According to Bankier.pl, a joint venture bought Warsaw land for PLN 121.3 million net for 539 apartments and 23 service units. Sales are planned to begin in the first quarter of 2027.

How strong is operating momentum?

Develia sold 954 homes in the third quarter of 2026, up 19 percent from 801 in the same period of 2025. CIJ.World reported that nine-month sales reached 2,706 units, an 8 percent increase from 2,500 a year earlier, while handovers rose 74 percent to 3,406 units.

The company is targeting sales of 3,600 to 3,800 homes for 2026. With 2,706 sales completed by September 30, Develia needs another 894 to 1,094 transactions in the fourth quarter to reach that range.

Which dates matter next?

Develia's recent chronology runs from 954 third-quarter sales on October 8, 2026, to the PLN 121.3 million Warsaw land purchase on October 13, 2026, and the PLN 21.25 million Krakow purchase on October 16, 2026. The next substantiated date is November 19, 2026, when Develia is scheduled to publish its consolidated report for the third quarter of 2026, according to Bankier.pl.

Stock valuation and market scale

Develia stock stood at PLN 8.87 on GPW on October 16, 2026. The same date's market capitalization was PLN 4.1 billion, and the 52-week range was PLN 7.65 to PLN 11.20. The recent project purchases put the sales target and land deployment at the center of the next results discussion.