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Ronson Rebuilds Offer to Boost Apartment Sales Amid Moderate Market
๐Ÿ‡ต๐Ÿ‡ฑ Poland /Economy & Trade

Ronson Rebuilds Offer to Boost Apartment Sales Amid Moderate Market

From Rzeczpospolita · () Polish

Translated from Polish, summarized and contextualized by DistantNews.

At a glance

Interview Named sources Context piece
  • Ronson, a property developer, reported a 72% year-on-year increase in apartment sales in the second quarter, selling 150 units.
  • The company aims to sell between 500-600 apartments in total for the year, indicating a stable market performance despite geopolitical uncertainties.
  • Ronson is expanding its offerings, with 1,089 apartments currently under development and plans to launch new projects and phases, including a focus on the institutional rental segment (PRS).

Ronson, a prominent property developer, has reported a significant surge in apartment sales, with 150 units sold in the second quarter, marking a 72% increase compared to the same period last year. This performance also represents a 23% quarter-on-quarter growth. In the first half of the year, the company sold 272 apartments, an increase of nearly 49% year-on-year.

If we look at the results, interest in the offer, and the projects we currently have for sale, we are optimistic.

โ€” Ronson CEOThe Ronson CEO expressed optimism about the company's sales prospects for the remainder of the year.

Despite the typical seasonal slowdown expected during summer holidays and ongoing geopolitical uncertainties, Ronson achieved satisfactory sales figures in July, meeting its target of approximately 40 units. The company anticipates a similar performance in August. Looking ahead to the second half of the year, Ronson aims to maintain the sales momentum seen in the first six months, projecting a total of 500-600 apartments sold for the full year. This forecast reflects a stable market environment, which the company describes as a "moderate market situation."

As of the end of June, Ronson had 597 apartments available across 13 locations. Of these, 551 were under construction, while 46 were in completed developments. The company's current development pipeline comprises a total of 1,089 apartments, showcasing its substantial operational scale and future potential. Ronson plans to complete 743 apartments in 2026, offering a diverse portfolio that includes both ready-to-move-in units and properties under construction.

We are not expecting a sharp increase in sales in the coming months, but we are primarily focused on a stable and consistent result.

โ€” Ronson CEOThe CEO outlined the company's strategy for achieving steady sales performance.

To further bolster its sales, Ronson has launched its new Bosco project in Warsaw's Biaล‚oล‚ฤ™ka district and plans to introduce additional projects and new phases of existing developments in the second half of the year. Notably, a pre-sale for the "Halo Bemowo" project, offering 89 apartments, is scheduled for September. The company is also expanding its strategy to include the development of the institutional rental segment (PRS), recognizing its growing importance in the market.

We have a diverse offer โ€“ both ready apartments and units under construction. Thanks to this, we can respond to the needs of different groups of clients, while ensuring a stable base of apartments available for sale in the coming months.

โ€” Ronson CEOThe CEO highlighted the company's strategy of offering a varied portfolio to meet diverse customer needs.
DistantNews Editorial

Originally published by Rzeczpospolita in Polish. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.