Saturday, December 09, 2006


Irishmen Build Homes in Wilanów

December 5, 2006

A new residential quarter called Patrick's Homes is under construction in Wilanów near Przyczółkowa Street. This will be a complex of 18 freestanding, duplex and row houses of between 250 and 390 square meters. The complex was designed by the Staner architectural studio. The investor is IONA Investments Sp. z o.o., a company established by Irishmen Kevin Fitzsimons and Joseph Anthony Kenny. For years, Fitzsimons and Kenny have invested in housing projects, office and commercial buildings, restaurants, bars, public utility buildings and hotels in Ireland, England and the United States. The first investment to start the Irishmen's operations as developers in Warsaw was Patrick's House, a secluded project comprising 52 apartments in Żoliborz. The completion of Patrick's Homes is planned for the first quarter of 2008. The general contractor is Adpol-Hurt Sp. z o.o.

(The Warsaw Voice )

Apartments Selling Like Hot Cakes

December 5, 2006

As runaway demand pushes up housing prices, customers are ready to snap up just about any new apartment, either for their own occupation or as an investment. In a situation reminiscent of the early years of Poland's market economy, even bare "holes in the ground" are selling instantly, with the apartments still on the drawing board. The Polish housing market has gained enormous momentum since the country joined the European Union on May 1, 2004. As builders strive to meet European quality standards, prices are also rising to higher levels, though, for the time being, they are still lower than elsewhere in Europe. Specialists say demand for premium apartments will continue to run high as long as there is demand for luxury in general. Developers do not even bother to promote their projects because most new apartments are selling anyway-and long before they are constructed. Housing construction is increasingly lucrative business these days, and prices are rising so fast that many developers are backpedaling on their preliminary agreements with clients (choosing to pay penalty interest) only to sell the same apartment for a much higher price the next day.

(Gazeta Bankowa 01.12.2006)

Wednesday, September 20, 2006



Under request, we will send more details as well as other offers, accordingly to your interest.

  1. FUEL WHOLESALE COMPANY with 2 stations of fuels. Localization Gorzów Wielkop. concession till 2010, near highway. Own railroad for unloading 3 wagons simultaneously from refinery Schwedt (Germany). A plot of the ground: 0,94 ha rented from the State, possibility to buy ownership (150 thousand zloty). Monthly sale of fuel: 3-3,5 mln liters.

Price: 3mln zloty

Such fuel enterprises I may offer much more, in all regions of Poland

  1. PLANT of meat processing (processing industry) modern effective plant, lodge fitted for EU requirements. Price 60 million zloty, private ownership. Area: 6 ha, production hall: 12 thousand sq. m., / production capacity daytime 50 tone / annual sale 70 million zł. Employment 250 person ca. / Possibly export to RUSSIA and Korea. Region: Wielkopolska , 100 km from Poznan.
  2. Pension House over sea 200 apartments, each with 2 chamber, kitchen, bathroom, to be finished. Surface: 4100m2, a plot: 3,5 ha, price 2,5 million zloty, region: near Koszalin
  3. Pension House 80 rooms / coast marine / construction closed, to be finished 750 thousand €. Region: near Szczecin
  4. To be sold shared in pharmaceutical firm, + a project to build a new plant in economic zone (free of income tax), the new investment value: 100 mln zlotych, production of anti cancer medicine, contracts for sale in Spain, USA, others, rentibility of production 60-80%. Price for 35% shares: 45 mln zloty. Jelenia Gora
  5. Building office 2188 m2 , total surface 3315 m2, 6 floors, 723 m2 rented to a bank. - a yearly income: 450.000zł. A plot of land: 6600 m2 200 parking places. Price: 5.000.000 zloty. Katowice
  6. A House for old and retired people. Regions of Jelenia Gora, - in the proximity several health resort hot spring – capability rehabilitation, sanatorium treatment, access to provincial hospital, proximity of famous health resort in Karpacz and Szklarska, near German and Czech border. 200 m to promenade, city-hall, parks, squares, clubs, restaurants. hot springs 75 - 90 – deg. Celsius. Forecasted income (after modernization): 15 million zl per month Price: 4 mln zł., necessary modernization: 7 mln zl.
  7. For sale – 3 mines of stones: granite, basalt, sienit. Stocks of stones from 20 till 60 mln tone, is enough to exploit for 10 years. These quarries produce road stone on requirements of the highways exclusively. Structure of highway in Poland currently require outsized amount of stone. It still exist lack of stone suppliers. Rentibility\: 30%

Prices: 26 mln zł., 5,5 mln zł. and 5,3 mln. South Poland - Silesia.

Description of each mine on request.

  1. HEAT POWER PLANTS, majority of 80% shares to be bought – price 60 mln zł. Cost modernization network heating plant 400 million zl. Guaranteed profit 25% after modernization. Katowice. Also possible to be bought other heat power plants of the region.