Develia stock tracks Aleje Praskie completion milestone

Published on 10/08/2026 at 04:17 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Develia stock was last at PLN 8.87 on October 7, 2026, as Aleje Praskie reached its ninth completed stage. First-half revenue rose 152 percent.

Develia, PLLCCRP00017, Illustration mit AI erstellt.

Develia stock (ISIN PLLCCRP00017) is tied to a residential pipeline that produced PLN 1.8887 billion in first-half 2026 revenue, up 152 percent from PLN 748.3 million a year earlier. The latest operating signal came on October 6, 2026, when EurobuildCEE reported the completion of the ninth stage of Aleje Praskie in Warsaw.

Aleje Praskie adds 89 apartments

The completed five-story building contains 89 apartments ranging from 33 to more than 82 square meters. The wider Aleje Praskie development is planned to comprise 1,572 apartments, giving the project a larger role in Develia's Warsaw supply than the single completed stage suggests.

The project includes retail and service space, an underground garage, storage units and bicycle facilities. EurobuildCEE also reported that the development is being built in stages and includes plans for a central square with cafes and restaurants.

First-half profit rose 84 percent

According to Strefa Inwestorow on September 11, 2026, Develia generated PLN 319.0 million in first-half net income, up 84 percent from PLN 173.4 million in the same period of 2025. The company handed over 2,572 apartments, compared with 1,193 a year earlier, an increase of 116 percent.

Cash and short-term financial assets stood at PLN 942.1 million on June 30, 2026, versus PLN 610.4 million at the end of 2025, according to Strefa Inwestorow. The figures show why deliveries matter for the group: revenue and profit expanded sharply, while the operating model remained dependent on the timing of apartment handovers.

Stock remains below its yearly high

Develia was last at PLN 8.87 on GPW on October 7, 2026 at 4:59 p.m. CEST, down 1.11 percent from the prior close of PLN 8.97. The session range was PLN 8.74 to PLN 8.98, and the 52-week range was PLN 7.65 to PLN 11.20, placing the stock 20.8 percent below its yearly high.

The market capitalization was PLN 4.1 billion on October 7, 2026, while volume reached 307,308 shares. The next reported company checkpoint listed by PPCG Stock is the publication of Develia's expanded third-quarter 2026 report on November 19, 2026.

Develia stock carries Warsaw exposure

Develia is a Polish residential developer with projects across major cities, including Warsaw, Krakow, Gdansk, Katowice, Poznan and Wroclaw. Its investment case therefore combines a large delivery base with the need to replenish sales and preserve margins as new stages enter construction and handover.

The stock was last at PLN 8.87 on GPW on October 7, 2026. First-half revenue, net income and apartment handovers all exceeded the prior-year levels, while the Aleje Praskie milestone adds a concrete operating marker for the Warsaw portfolio.