Develia strengthens Board with new appointment for 2025 term

10 December 2024

Develia’s supervisory board has appointed its management team for a new term beginning 1 January 2025. The board will retain its current leadership, including President Andrzej Oślizło and Vice Presidents Paweł Ruszczak and Mariusz Poławski, while welcoming Karol Dzięcioł, formerly the company’s business development advisor, as a new board member.

Under Oślizło’s leadership since December 2020, Develia has implemented a successful business strategy, focusing on divesting its commercial portfolio and reinvesting in the residential sector. The company achieved most of its 2021-2025 objectives a year ahead of schedule, doubling its annual flat sales from approximately 1,400 in 2020 to nearly 2,700 in 2023.

The appointment of Karol Dzięcioł to the board reflects Develia’s ambitions to sustain its momentum. Dzięcioł played a key role in acquiring and integrating Nexity’s Polish operations in 2023, a milestone transaction that expanded Develia’s footprint in the residential sector. As a board member, he will oversee land acquisition, partnerships, M&A transactions, and the development of new segments, including PRS (Private Rented Sector) and dormitories.

“The strengthened board is well-equipped to achieve our strategic goals for 2025-2028, including increasing sales to 4,500 units per year and building a land bank of 16,000 units by 2028,” said Jacek Osowski, Chairman of Develia’s Supervisory Board.

Despite external challenges such as the pandemic and geopolitical tensions, Develia has demonstrated resilience, leveraging its strong financial position to capitalize on market opportunities. The company’s rapid growth in the residential sector, supported by strategic M&A activities like the Nexity acquisition, underscores its adaptability and vision.

“We’ve achieved significant results over the past four years, even amid volatile market conditions. I am grateful for the trust of the Supervisory Board and look forward to further strengthening Develia’s position in the Polish market with our dedicated team,” said Andrzej Oślizło, President of Develia.

With nearly two decades of experience in real estate across Central and Eastern Europe, Karol Dzięcioł brings expertise in residential, PRS, and mixed-use projects. His career includes senior roles at REAS (now JLL Living), HB Reavis, Echo Investment, and Frontier Estates Poland. As a member of Develia’s board, he aims to support the company’s dynamic growth trajectory.

“I’m excited to contribute to Develia’s development at the board level, focusing on expanding our land bank and strengthening our market position. Over the past two years, we’ve successfully completed key projects that have boosted the company’s potential, and I look forward to continuing that success,” said Dzięcioł.

Develia’s newly outlined strategy aims to enhance shareholder value while driving dynamic growth. Key objectives include increasing annual unit sales to 4,500 and ensuring robust land acquisition to support future projects. With a proven team and clear goals, the company is well-positioned to remain a leading developer in Poland.

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