Real Estate Portfolio and Shareholder Structure of Marvipol Development
Aa
Share
The group focuses on projects, which are located in prime locations and intends to dispose of the projects within a three-year period beginning with the commencement of commercialization. According to the company’s data, the developer sold projects with a total GLA of 550k sqm in 2017-22. Moreover, the group currently holds three existing projects in its portfolio, located in Wroclaw, Poznan and Warsaw (with a GLA of 117k sqm), and intends to construct three additional projects (in Katowice and Lodz with a leasable area of 141k sqm; we do not assume the start of the above-mentioned projects till the company disposes of part of existing portfolio).
Figure 23. Marvipol Development – existing and planned portfolio (k sqm)
Shareholder structure
Marvipol Development’s share capital consists of 41.7m shares The key shareholder is Mr. Mariusz Książek, who holds n total 71.0% of shares and votes, including 66.1% possessed indirectly by Książek Holding.
