Sando Immobiliara has bought the former bus terminus on Chemska street in Warsaw to develop 1,000 homes priced at around EUR 2,348 per m2, according to Polish magazine Gazeta Wyborcza.

Sando Immobiliara has bought the former bus terminus on Chemska street in Warsaw to develop 1,000 homes priced at around EUR 2,348 per m2, according to Polish magazine Gazeta Wyborcza.

Sando Inmobilaria won the tender for the project from a field of 12 bidders. These included Dom Development, ING Real Estate, Echo Investment, Budimex Nieruchomoci, AIG/Lincoln, and Spanish developers Grupo Prasa, Grupo Lar and Sando. The company , headquartered in Spain, is active in several Spanish cities as well as in Poland, where it has recently opened a local office.