Thursday, 2 July 2026
ATAL has completed the acquisition of the Budner Group following the fulfilment of closing conditions, including approval from Poland’s competition authority. The transaction strengthens ATAL’s position in the Tricity residential market and expands its development pipeline in northern Poland.
The agreed transaction value amounts to PLN 100.9 million, covering the shares in the Budner Group companies and their property assets. The agreement also includes the planned acquisition of a land plot for PLN 30.4 million, which will be completed once the conditions of the preliminary agreement have been met.
Following completion of both transactions, ATAL expects to secure development potential for approximately 70,000 sqm of residential projects in the Tricity area.
The company said the acquisition will increase the scale of its operations in the region by adding a portfolio of development projects aimed at both owner-occupiers and investment buyers.
ATAL reported consolidated revenue of PLN 315 million for the first quarter of 2026 after handing over 500 residential and commercial units. Net profit for the period reached PLN 55.3 million, resulting in a net profit margin of 17.6%.
During the first three months of 2026, the developer signed 644 development and preliminary sales agreements, including 365 contracts in March. At the end of the quarter, the company also held 241 active reservation agreements.
ATAL’s shareholders have also approved the distribution of the company’s 2025 net profit. A total dividend of PLN 194.7 million, equivalent to PLN 4.50 per share, will be paid, with the remaining profit allocated to reserve capital. The dividend record date has been set for 15 July 2026, with payment scheduled for 1 October 2026.
