Quart Development SA
NNEWCONNECT:QRT3.88
PLN
0.00
(0.00%)
Quart Development SA
NEWCONNECT:QRT
(NewConnect)
Recent
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3.88
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yld
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ROIC.AI
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- Business
- Quart Development SA is a Polish real estate development and investment company specializing in the development, construction, and commercialization of residential and commercial properties. The company focuses on the delivery of affordable and mid-segment residential housing, single-family communities, multi-family residential complexes, and suburban estates, catering to private homebuyers, families, and real estate investors. Quart Development SA operates primarily across the Lower Silesia (Dolnośląskie) region in southwestern Poland, with core project locations centered in Wrocław, Legnica, Bielany Wrocławskie, Lutynia, and adjacent suburban municipalities. The company provides an integrated suite of property development solutions, including: residential real estate construction comprising multi-family apartment buildings, terraced row houses, and detached single-family dwellings, developed under project portfolios such as Quart Bielany, Quart Legnica, Słoneczne Bielany, and Osiedle Przyjazne; land acquisition, rezoning, and site preparation for residential and mixed-use investments; commercial real estate development and utility premises leasing; architectural planning, housing layout customization, general contracting supervision, and turnkey finishing services; and property sales, marketing, and real estate transaction advisory. Founded in 2009 and headquartered in Wrocław, Poland, the company operates alongside affiliated group entities such as Quartus sp. z o.o. and SPOMASZ Wrocław SA. In recent corporate developments, Quart Development SA underwent a major ownership consolidation and privatization process following a mandatory squeeze-out of minority shareholders conducted by its controlling investors. With approval from the Polish Financial Supervision Authority (KNF) and resolutions passed by the Warsaw Stock Exchange, the company's shares were officially excluded and delisted from the NewConnect alternative trading system on July 31, 2026, transitioning the organization to a privately held enterprise focused on the long-term execution of its regional residential pipeline and land asset development.