Gant gets debut permit in Warsaw

Listed residential development company, Wrocław-based Gant, has received its first construction permit in Poland for a project in Warsaw. Called “Kaskada na Woli”,  its first phase will consist of 280 flats and is set to begin this spring at Sokołowska street in the Wola district.

The entire development could to as many as 750 flats plus more than 8,000 sqm of services areas. Gant says it’s secured financing for the project, with a PLN150m loan from Raiffeisen Bank and further PLN48m from February issue of stock.

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