MDDP advised GH Development on the purchase of the plot of land from Multikino

GH Development has purchased a plot of land from Multikino to build a mixed-use residential and commercial complex in Ursynów, Warsaw, where the oldest Multikino cinema in the capital is located. The complex will consist of around 300 apartments.

MDDP provided comprehensive tax support to the client during the transaction, with Piotr Paśko leading the work with the support of Justyna Bauty-Szostak and the involvement of Bartosz Bogdański, Sebastian Serowik, Justyna Adamska, Paweł Góś, Katarzyna Trzaska-Matusiak, and Magdalena Krzemińska.

GH Development has been operating on the Polish market since 2018, focusing on implementing its business strategy, which involves creating modern and innovative residential investments in attractive locations. In 2022, the developer completed the construction of the MOXO HOUSE apartment building in Warsaw’s Mokotów district.

The plot purchased from Multikino S.A. will be the ninth in GH Development’s Warsaw portfolio. The company is currently working on projects in attractive locations in the capital, including Bemowo, Białołęka, Bielany, Praga Północ, Ursynów, Wawer, Italy, and Wola.