Brief: Develia Signs Preliminary Deal To Acquire Stocznia Cesarska Development

Develia SA

03/04/2026 06:35

April 3 (Reuters) - Develia SA DVLP.WA:

SAID ON THURSDAY IT HAS SIGNED A PRELIMINARY AGREEMENT TO ACQUIRE 100% STAKE IN STOCZNIA CESARSKA DEVELOPMENT (SCD) FROM GDANSK DEVELOPMENT HOLDING N.V.

STOCZNIA CESARSKA DEVELOPMENT IS PERPETUAL USUFRUCTUARY OF REAL ESTATE OF FORMER IMPERIAL SHIPYARD IN GDANSK

SALE PRICE TO BE BASED ON AGREED PROPERTY VALUE OF 550 MLN ZLOTYS, REDUCED BY SCD'S FINANCIAL DEBT TO THE SELLER UNDER INTRA-GROUP LOANS AND AFTER OTHER PRICE ADJUSTMENTS

PROPERTY HAS POTENTIAL FOR AT LEAST 3,000 APARTMENTS AND ADDITIONAL COMMERCIAL UNITS

CONDITIONAL AGREEMENT SUBJECT TO, AMONG OTHERS, APPROVAL FROM MINISTER RESPONSIBLE FOR MARITIME ECONOMY

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 (Gdansk Newsroom)

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