Develia plans to develop a mixed-use complex with a total area of approximately 220,000 sqm.

Develia has entered into a preliminary agreement to acquire 100% of the shares in Stocznia Cesarska Development, the company controlling the former Imperial Shipyard site in Gdańsk. The transaction is valued at approximately PLN 550 million and includes both the purchase of shares and the repayment of financing granted to the project company. The seller is Gdansk Development Holding N.V., affiliated with Belgian developers Alides and Revive. The project envisages the development of a mixed-use complex comprising at least 3,000 residential units, along with commercial and service functions. The target scale of the investment is approximately 220,000 sqm of usable residential and commercial space. A final building permit has already been issued for the first phase, covering 388 residential units and 31 commercial units. Construction works may commence in 2027. The project will be implemented in stages, and the company is considering the involvement of a partner. Completion of the transaction is conditional, among other things, upon the State Treasury not exercising its pre-emption rights and the fulfillment of administrative conditions by 20 December 2026.