Bouygues Immobilier

What Bouygues Immobilier does

Develia S.A. (Warsaw Stock Exchange: DVL; formerly LC Corp S.A.) is one of Poland's larger publicly listed residential and commercial real estate developers, with 20 years of operating history, 71 delivered residential estates, and 27,000 apartments handed over totaling 1.5+ million m² of living space. The company develops and sells apartments, commercial premises, and mixed-use assets across 8 major Polish cities — Wrocław, Warsaw, Gdańsk, Gdynia, Kraków, Katowice, Poznań, and Łódź — operating through a vertically integrated group of approximately 57 subsidiaries that include in-house land acquisition (Develia Land Development), construction execution (Develia Construction), and a premium sub-brand (Develia Vita, formerly Bouygues Immobilier Polska, acquired July 2025).

The core product portfolio comprises standard residential apartments ranging from studios to multi-room units, "Mieszkanie wariantowe" (variable apartments) with installation risers enabling flexible layout reconfiguration, and "Mieszkanie wykończone pod klucz" (turnkey finished apartments) with architect-led interior design. Commercial products include retail/service premises (lokale usługowe) and larger commercial facilities (obiekty komercyjne) including the Sky Tower in Wrocław acquired in 2013. Distribution is direct-to-consumer through physical sales offices in each of the 8 cities, complemented by city-specific phone sales lines, online inquiry forms, property-listing portals, and a multi-channel digital marketing stack (Google Ads, Microsoft Advertising, Facebook Ads, Pinterest, Yandex, plus organic channels including a blog, YouTube, Instagram, LinkedIn, and Facebook).

Revenue is generated through one-time apartment sales (primary stream), commercial premises sales, and turnkey interior finishing services (professional services add-on). Pricing is quote-based and not publicly disclosed. Customers are primarily individual Polish homebuyers (first-time buyers, families, upgraders) and retail property investors; no anchor B2B customers are disclosed. The company reports a referral rate of 1 in 3 apartments sold to returning or referred customers, evidencing meaningful brand-driven demand. AI/technology footprint is limited to a customer-engagement chatbot ("inteligentny robot" via Czater widget) on the website; there are no disclosed proprietary AI systems.

Name

Bouygues Immobilier

Legal name

Develia S.A.

Website

https://bi-polska.pl

Company type

Public

Founded year

2005

Operating status

Operating

Headcount range

51–100 employees

Short description

Develia S.A. is a publicly listed Polish residential and commercial real estate developer selling apartments and commercial premises in 8 major Polish cities via direct sales offices, serving individual homebuyers and retail property investors with an integrated land-acquisition, construction, and premium sub-brand structure.

Ownership category

akta.pro rank

Product category

Residential Real Estate Development

NAICS

New Housing For-Sale Builders (236117), New Multifamily Housing Construction (except For-Sale Builders) (236116)

SIC

Land Subdividers & Developers (No Cemeteries) (6552), Operative Builders (1531)

akta.pro primary industry

Urban Renewal, Brownfield Redevelopment & Land Reuse (BPAIANAI)

Keywords

• Residential real estate development
• Apartment sales
• Commercial property development
• Real estate construction
• Property development services

Headquarters

HQ city

Warszawa

HQ country

Poland

HQ region

Europe

Offices11 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Supply Chain, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Apartment Sales: Primary revenue stream from selling residential apartments to end customers. The company develops and constructs residential complexes across 8 Polish cities, generating revenue from the sale of individual apartments and commercial premises.
2. Commercial Premises Sales: Sale of commercial retail and service spaces within residential developments, including units in Warsaw, Wroclaw, Gdansk, Gdynia, Krakow, Katowice, and Poznan.
3. Interior Finishing Services: Turnkey finishing services for apartments, where the company provides complete interior design and renovation services at additional cost.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels9 records

Core offering

Bouygues Immobilier Polska (now operating as Develia Vita after joining the Develia capital group in July 2025) is a residential real estate developer that constructs and sells apartments and commercial premises across major Polish cities including Warsaw, Wrocław, Gdańsk, Gdynia, Kraków, Katowice, Poznań, and Łódź. The developer offers standard apartments, variable-layout apartments, turnkey finished apartments, and commercial spaces, supported by affiliated land acquisition and construction subsidiaries.

Product overview

Develia is a Polish real estate developer offering residential apartments (mieszkania) and commercial properties across 8 major Polish cities (Warsaw, Wrocław, Gdańsk, Gdynia, Kraków, Katowice, Poznań, Łódź). The core product portfolio includes standard residential apartments, variable apartments (mieszkanie wariantowe) with flexible layouts, and turnkey finished apartments (mieszkanie wykończone pod klucz). The company also offers commercial premises (lokale usługowe) and commercial facilities (obiekty komercyjne), land acquisition services, and construction management through its subsidiaries Develia Land Development and Develia Construction. Premium offerings are branded under Develia Vita. The company has 20 years of experience, 27,000 delivered apartments, and operates 71 residential estates across Poland.

Differentiator

Problem solved

Functional benefit

Products and services

• Residential Apartments (Mieszkania)
• Commercial Premises (Lokale usługowe)
• Commercial Facilities (Obiekty komercyjne)
• Develia Vita (formerly Bouygues Immobilier Polska)
• Develia Construction

Quantifiable outcome

• 1 in 3 apartments sold to returning customers or referrals
• +2 more outcomes

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration8 records

AI capability2 records

Feature2 records

Partnerships

Eleven partnerships are on record, tiered minor and core.

• Facebook ADSminorGTM or Marketing PartnerSocial media advertising platform used for targeted marketing campaigns to potential property buyers.
• PinterestminorGTM or Marketing PartnerVisual discovery platform used for marketing and promoting property developments through visual content.
• Develia ConstructioncoreStrategic or Co-development PartnerAffiliated company responsible for construction execution and quality oversight of all development projects. Ensures quality and smooth progress of work at every stage.
• Develia Land DevelopmentcoreStrategic or Co-development PartnerAffiliated company responsible for land acquisition for future developments. Ensures proper preparation of all projects from the initial stage.
• Renowned Architectural FirmscoreStrategic or Co-development PartnerCollaboration with established architectural studios to design functional, aesthetically appealing residential complexes meeting highest standards.
• Verified General ContractorscoreStrategic or Co-development PartnerPartnerships with reliable general construction contractors ensuring projects are thoughtfully designed, solidly built, and professionally managed.
• Credit AdvisorsminorImplementation/ SI/ Consulting PartnerFinancial advisory partners assisting customers with mortgage financing for apartment purchases.
• Francusko-Polska Izba Gospodarcza (CCIFP)minorOthersFrench-Polish Chamber of Commerce membership indicating business connections with French business community.
• Polski Związek Firm Deweloperskich (PZFD)minorOthersPolish Association of Developer Companies - industry trade organization membership.
• Pracodawcy RPminorOthersPolish Employers Federation - membership organization representing employer interests.
• Stowarzyszenie Emitentów Giełdowych (SEG)minorOthersAssociation of Stock Exchange Issuers - membership for listed companies.

Scale indicators7 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• J.W. Construction: Long-established Polish residential developer active in Warsaw and other major cities. Comparable in for-sale apartment product and Polish market focus.
• Echo Investment: Polish real estate developer listed on the WSE, developing residential and commercial projects in major Polish cities. Comparable in product mix (apartments, offices) and geographic focus to Develia.
• Ghelamco Poland: Belgian-owned developer with significant Polish operations developing residential and commercial projects in Warsaw and other Polish cities. Comparable in premium residential product offering.
• Atal: Polish residential developer with projects in major Polish cities (Kraków, Wrocław, Łódź, Warsaw). Comparable in mid-market apartment offerings and multi-city distribution model.
• Murapol: One of Poland's largest residential developers by units delivered, with national footprint across multiple cities. Competes with Develia on apartment scale, pricing, and geographic coverage.
• Unidevelopment: Polish residential developer with projects in Warsaw and other major Polish cities. Competes with Develia in mid-market apartment segment with comparable geographic focus.
• Archicom: Wrocław-based Polish residential developer with projects in major Polish cities including Wrocław, Kraków, and Warsaw. Directly comparable in for-sale apartment product and Polish mid-market positioning.
• Polnord: Polish residential developer listed on the WSE with projects in Warsaw, Gdańsk, and other major Polish cities. Comparable in for-sale residential product and Polish mid-market positioning.
• Budimex Nieruchomości: Real estate development arm of Budimex S.A., one of Poland's largest construction groups. Develops residential projects in major Polish cities, comparable in product and customer base.

Broad incumbents

• Skanska Residential (Poland): Polish residential arm of Swedish construction group Skanska. Operates in multiple Polish cities with residential developments, competing in similar markets but as part of a larger global construction firm.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xinstagram.com/develia_vita_w_domu
• YouTubeyoutube.com/@develia2113
• Facebookfacebook.com/develiapl
• LinkedInlinkedin.com/company/bouygues-immobilier-polska
• Instagraminstagram.com/develia_vita_w_domu

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries19 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Bouygues Immobilier