Develia Acquires 100% of Bouygues Immobilier Polska: 4,100 Residential Units from Bouygues Immobilier

At the time of the transaction, Bouygues Immobilier Polska held approximately 2,800 residential units on land secured by preliminary agreements, as well as 1,300 units under development and in preparation. The projects are located in Warsaw – the largest and most attractive residential market in Poland, which still offers strong growth potential (approx. 71% of the total usable area of apartments), Poznań (13%), and Wrocław (16%). The projects under construction include, among others: Viva Cité, Lumea, and Neo Praga in Warsaw, Vivre in Wrocław, and Vilda Arte in Poznań.

2025-07-10

65900000

The transaction does not include any yielding assets.

Bouygues Immobilier, a société anonyme, and SAS Reine Participations, a société par actions simplifiée, both registered in France. Bouygues Immobilier, part of the Bouygues Group, is a leading French developer active in residential, office, and mixed-use projects. In Poland since 2001, it has delivered over 9,500 units. SAS Reine Participations acts as the group’s real estate holding entity.

Dentons (legal) and Rothschild & Co (financial)

Develia is one of Poland’s largest real estate developers, listed on the Warsaw Stock Exchange since 2007. The company operates in major cities and has completed 59 residential estates comprising 22,800 apartments with a total area of 1.2 million m².

Addleshaw Goddard (legal), JLL (market), CmT (technical), PwC (tax and financial)

Develia financed the transaction with its own funds. It was refinanced in the amount of PLN 200 million right after by the consortium of PKO BP and mBank.

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