Dom Development will not acquire shares in the Krakow-based RSKK companyWarsaw, 01/07/2022 (ISBnews) – The preliminary contract for the purchase by Dom Development of 100% of shares in RSKK sp. Z oo with its seat in Krakow expired on 30 June. As the conditions precedent stipulated in the contract are not met, the company will not acquire any shares in RSKK, Dom Development said.

In February, the developer announced that it had concluded a preliminary agreement to acquire 100% of shares in RSKK sp. Z oo for PLN 9.6 million, according to which the RSKK ownership transfer agreement was to be concluded by June 30, 2022.

Dom Development is a residential developer listed on the Warsaw Stock Exchange since 2006. In 2021, it sold 4,066 apartments.

(ISBnews)




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