Real Estate /
MNE DEVELOPMENT COMPANY , LOFTS, U SCHEIBLERA, LODZ [36]
Results of sealed bids auction yesterday:
65 registered bidders.
45 of 233 apartments sold. 1 of 7 buildings (the cheapest one).
Examples:
40m2 sold for 175k pln with 4 bidders.
156m2 sold for 635 pln.
The liquidator says she will hold another sale in the new year at the same prices. Doubt they will get anywhere. This sale will have cherry picked off the best apartments, and at 4,000pln+ per m2 you can get better apartments elsewhere in Lodz. The lack of enough windows and balcony's will mean IMO the remaining are not even worth 3,000 pln m2.
Opal Developments have started another subsidiary company and are building another development down the road.
Not any more. A fire destroyed the building - "suspicious".
lodz.gazeta.pl/lodz/1,35153,11808465,Pozar_tkalni_Unionteksu__straz_podejrzewa_zaproszenie.html
lodz.gazeta.pl/lodz/1,35153,11808979,Uniontex__co_z_budynkiem__Bedzie_sledztwo_ws_pozaru.html
lodz.gazeta.pl/lodz/51,35153,11810251.html?i=1