Develia

What Develia does

Develia S.A. is a publicly listed Polish real estate developer (Warsaw Stock Exchange: DVL, listed since 2007, formerly LC Corp) headquartered in Wrocław, specializing in the execution of residential and commercial investment projects across Poland's seven largest urban markets — Warsaw, Wrocław, Kraków, Gdańsk, Gdynia, Katowice, and Poznań. The company's core products include new-build apartments sold under the 'Vita' sub-brand (e.g., Przy Parku Vita, Legnicka Vita, Vivre, Kopernika 71, Żabiniec Vita, M Bemowo), retail/commercial premises within residential developments, and standalone commercial properties (Sky Tower in Wrocław, Arkady Wrocławskie, Wola Center in Warsaw, Silesia Star in Katowice). Technical differentiators include the 'Mieszkanie wariantowe' (variant apartment) concept with additional installation risers that allow post-purchase layout modifications, ESG-oriented blue-green infrastructure (rainwater management, salt halotherapy rooms, retention ponds), and integrated smart home automation (Appartme) in select developments. Turnkey finishing packages delivered via partners (Kodo, Decoroom) and a referral program (up to 6,000 PLN per referral) round out the offering.

Develia operates a vertically integrated model through two wholly-owned subsidiaries: Develia Land Development, which acquires and banks land for future projects, and Develia Construction, which executes builds under a quality oversight mandate. Revenue is generated primarily through one-time unit sales of residential and commercial properties, with pricing tiered by city (Warsaw premium at 15,800-22,000 PLN/m², Kraków from 13,150 PLN/m², Gdynia commercial at 9,000-11,000 PLN/m²). The go-to-market relies on a direct-to-consumer network of seven physical sales offices staffed with city-specific advisors, supplemented by a website inquiry portal, central helpline (800 123 123), model apartment viewings, and open house events. Customer segments span individual homebuyers (primary), real estate investors (buy-to-let), and premium/corporate buyers. The company reported 2025 revenue of approximately 3.2 billion PLN with strong year-over-year growth, 27,000+ apartments delivered historically, 71 completed residential estates, and 33% of sales from repeat buyers or referrals — underscoring a stable, capital-intensive operating model anchored by GPW-listed financing access and a stated 2024-2028 growth strategy that includes the 2025 acquisition of Bouygues Immobilier Polska.

Name

Develia

Legal name

Develia S.A.

Website

https://develia.pl

Company type

Public

Founded year

2005

Operating status

Operating

Headcount range

251–500 employees

Short description

Develia S.A. is a publicly listed Polish residential and commercial real estate developer (WSE: DVL) operating across seven major Polish cities, selling new-build apartments under the Vita brand and commercial properties via vertically integrated subsidiaries handling land acquisition and construction.

Ownership category

akta.pro rank

Product category

Residential and Commercial Real Estate Development

NAICS

Land Subdivision (2372), Lessors of Real Estate (5311)

SIC

Land Subdividers & Developers (No Cemeteries) (6552), Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Real Estate Public-Private Partnership (PPP) & Infrastructure-Adjacent Real Estate Advisory (BPAJANAL)

akta.pro secondary industries

Urban Planning & Master Planning (BPAHAKAD), Land Brokerage (Raw Land & Development Sites) (FSAEAJAD)

Keywords

• Residential real estate development
• Commercial property development
• New build apartments
• Real estate investment
• Property development services

Headquarters

HQ city

Wroclaw

HQ country

Poland

HQ region

Europe

Offices7 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Residential Property Sales: Primary revenue stream from selling apartments and residential units to individual buyers and investors. Properties span various sizes from studios to multi-bedroom apartments across multiple Polish cities.
2. Commercial Property Sales: Sales of commercial spaces including office buildings (Wola Center, Sky Tower, Silesia Star) and retail premises (service units/lokale usługowe) within residential developments.
3. Land Banking: Develia Land Development subsidiary acquires land for future development projects, building a land bank for continued pipeline of new investments.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels7 records

Core offering

Develia is a Polish real estate developer that plans, builds, and sells new residential apartments (under the Vita sub-brand) and commercial properties across seven major Polish cities. Its portfolio spans urban apartments of varying sizes, variant apartments with flexible layouts, commercial premises within residential developments, and standalone commercial complexes such as Sky Tower Wrocław, Arkady Wrocławskie, Wola Center, and Silesia Star. The company also offers complementary services including mortgage advisory, turnkey interior finishing, smart home automation, and a referral rewards program.

Product overview

Develia is a Polish residential and commercial real estate developer offering new apartments for sale across seven major Polish cities (Wrocław, Warszawa, Gdańsk, Gdynia, Kraków, Katowice, Poznań) plus Łódź. The product portfolio consists of three core offerings: (1) Residential Apartments - new homes under the 'Vita' brand family (e.g., Przy Parku Vita, Legnicka Vita, Vivre, Kopernika 71, Żywiecka Vita, Żabiniec Vita, Ceglana Park, Vilda Arte, Ptasia Vita) in multiple districts of each city, featuring options like variant apartments with flexible layouts and turnkey finishing packages; (2) Commercial Premises - retail and service spaces within residential developments; (3) Commercial Properties - office buildings and mixed-use complexes (Sky Tower, Arkady Wrocławskie, Wola Center, Silesia Star). Supporting services include mortgage assistance, a referral rewards program, an electronic client portal (eBOK), and smart home automation (Appartme, Smart Home systems). The company operates through subsidiaries Develia Land Development (land acquisition) and Develia Construction (project execution). Develia S.A. has been listed on the Warsaw Stock Exchange since 2007.

Differentiator

Problem solved

Functional benefit

Brands

• Vita: Residential development brand used across multiple projects (e.g., Przy Parku Vita, Legnicka Vita, Orawska Vita). The Vita brand represents the company's standard residential apartment offerings.

Products and services

• Residential Apartments (Mieszkania) New-build apartments for sale from a developer across seven major Polish cities (Wrocław, Warsaw, Gdańsk, Gdynia, Kraków, Katowice, Poznań), offered under the Vita sub-brand with optional turnkey finishing, balconies/terraces/gardens, and (in select projects) variant-apartment layouts. Targeted at individual homebuyers and buy-to-let investors.
• Commercial Premises (Lokale usługowe) Retail and service commercial spaces available for purchase within residential developments, located on ground floors and underground levels across Polish cities. Examples include Morska Vita commercial units at 9,000-11,000 PLN/m².
• Commercial Properties (Obiekty komercyjne) Standalone office buildings and mixed-use commercial complexes developed by Develia, including Wola Center (Warsaw), Sky Tower (Wrocław, 50-story), Arkady Wrocławskie (Wrocław shopping centre), and Silesia Star (Katowice). Offered for sale or lease to corporate tenants.
• Land Acquisition Service (Zakup gruntów) Develia Land Development (a wholly owned subsidiary) actively seeks and acquires land plots in major Polish urban agglomerations for future residential and commercial projects. Service is offered to landowners seeking to sell development-ready plots.
• Turnkey Interior Finishing (Wykończenie pod klucz) Complete interior finishing packages for newly purchased apartments, delivered by architects and decorators with multiple package options and material selections. Available in Wrocław, Warsaw, Gdańsk, Kraków, and Poznań via partners Kodo and Decoroom.
• Mortgage Advisory (Pomoc kredytowa) Free mortgage advisory service comparing bank offers and matching apartment buyers with optimal financing solutions during the purchase process.
• Appartme Smart Home System Smart home automation system installed in selected developments (M Bemowo, Vilda Arte), enabling residents to control and monitor apartment functions digitally. Sold as an integrated offering within participating residential projects.
• Variant Apartment (Mieszkanie wariantowe) Flexible apartment design offered as a distinct product feature in select developments, using additional installation risers that allow residents to modify layouts post-occupancy (e.g., relocate or open the kitchen, create private zones) without major renovations.
• Kopernika 71 Premium residential complex in Gdynia with 56 apartments (43-125 m²) in three 4-story segments near Kępa Redłowska reserve. Features fitness room, sauna, yoga space, club room, underground parking with hydraulic elevators, and smart solutions. TabelaOfert Best Living Awards 2026 winner (luxury & location category).
• Przy Parku Vita Modern residential estate in the Krzyki district near Park Tarnogajski in Wrocław, combining urban living with nature access, 400 m from tram/bus loop with 15-minute commute to city centre.
• Vivre (Wrocław) Residential building on Wzgórze Gajowe near Park Skowroni in Wrocław, combining urban amenities with nature proximity, 2-minute walk to tram/bus stops.
• Legnicka Vita Distinctive 16- and 18-story high-rise residential buildings in Popowice district of Wrocław with minimalist design and designer form.
• Piękna Vita 10-story building with 82 apartments (32-98 m²) on Tarnogaj in Wrocław, featuring underground garage, 10 commercial premises, and proximity to Park Tarnogajski and Park Wschodni.
• M Bemowo Modern building in green part of Warsaw's Bemowo district with 59 apartments (35-100 m²) minutes from Chrzanów metro station. Features underground parking, green relaxation zone with playground, photovoltaic panels, and Appartme automation system.
• Viva Cité Two-phase Warsaw development in Chrzanów with 207 apartments (25-135 m², 1-5 room configurations), each with balcony/terrace/garden, some duplex options. Close to planned metro stations and parks.
• Rokokowa Vita Modern Warsaw project in Młociny (Bielany district) offering duplex investment apartments, 3-room units with gardens, and apartments with terraces.
• Morska Vita Modern Gdynia development in Leszczynki district with 1,600 apartments planned across eight buildings. Phase 1 includes 108 apartments (38-75 m²) and 5 commercial units with terrace/balcony/loggia and ground-floor gardens.
• Vilda Arte Elegant 5-story Poznań building in Wilda district near Old Town and Nowy Rynek business centre with 58 apartments (studios to 5-room units) with balconies or rooftop terraces and Appartme home automation.
• Ptasia Vita Modern Poznań development in Grunwald district with 116 apartments (29-124 m²) in Marcelin Forest area with hiking paths, bike routes, fire pits, and sledding hills; each unit includes garden, balcony, loggia, or terrace.
• Unii Lubelskiej Vita Ready-to-move-in complex in Poznań's Starołęka district with 285 apartments in a 5-13 story building, two recreational zones for children and seniors, green areas, and excellent public transit to city centre.
• Żabiniec Vita Intimate 4-story Kraków development in Krowodrza district (3 km from city centre) with 120 apartments (30-122 m²), underground garage for 130+ cars, commercial units, and proximity to Kleparz Park and Białoprądnicki Manor. Pricing from 13,150 PLN/m².
• City Vibe Multi-phase Kraków development in Płaszów district near river park, Płaszów Garden, and Bagry beach. All units have balconies or gardens.
• Centralna Vita Kraków project in Czyżyny district (ranked TOP 1 in the district) with large balconies/terraces/gardens for all units, playgrounds, outdoor gym, bike racks, underground and outdoor parking.
• Żywiecka Vita Modern 11-story Gdańsk building in Wrzeszcz Dolny with 127 apartments (27-115 m²), stylish lobby, underground garage with bike racks, patio with loungers, and four commercial units.
• Jesionowa Vita Gdańsk development in Wrzeszcz with 77 apartments (28-74 m²) in elegant tenement-style buildings with above-standard ceiling heights, underground garage, storage units, playground, and recreational space.
• Ceglana Park Diverse Katowice residential estate in Brynów district with green spaces comprising nearly 50% of the area, featuring pond, park alley, salt graduation tower, and 1 km proximity to city centre.
• Sky Tower Wrocław 50-story mixed-use Wrocław centre landmark (completed 2013), the city's tallest building, combining shopping gallery, restaurants, entertainment venues, offices, and apartments.
• Arkady Wrocławskie Shopping centre and office complex in Wrocław centre (completed 2007), featuring modern architecture with large glazed surfaces, retail, dining, and entertainment spaces.
• Wola Center Modern Warsaw office building in Wola district (completed 2013) with contemporary minimalist architecture, offices, commercial and dining units, and rooftop patio.
• Silesia Star Twin-building Katowice office complex (first building completed 2015) including office and commercial space near Drogowa Trasa Średnicowa with easy access to city centre.

Quantifiable outcome

• 33% of customers are repeat buyers or referrals
• +2 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Eight partnerships are on record, tiered core and minor.

• Develia Land DevelopmentcoreStrategic or Co-development PartnerDedicated subsidiary responsible for land acquisition and bank management. Secures development rights in prime locations across Polish cities for future Develia projects.
• Develia ConstructioncoreStrategic or Co-development PartnerConstruction subsidiary handling project execution and quality oversight. Ensures quality and timely delivery across all development stages.
• Pracodawcy RP (ZPP)minorOthersPolish Confederation of Private Employers (Lewiatan). Industry association membership providing networking and advocacy.
• Polski Związek Firm Deweloperskich (PZFD)minorOthersPolish Association of Developers. Industry body for real estate development sector representation.
• Stowarzyszenie Emitentów Giełdowych (SEG)minorOthersStock Exchange Issuers Association. Membership as a GPW-listed company.
• Francusko-Polska Izba Gospodarcza (CCIFP)minorOthersFrench-Polish Chamber of Commerce. Business networking and trade facilitation organization.
• Kodo (Turnkey Finishing Partner)minorImplementation/ SI/ Consulting PartnerInterior finishing service provider for turnkey apartment solutions. Offers design and finishing packages in select cities including Wrocław, Gdańsk, and Poznań.
• Decoroom (Warsaw Finishing Partner)minorImplementation/ SI/ Consulting PartnerInterior design and finishing service for Warsaw apartments. Provides turnkey solutions in collaboration with Develia.

Scale indicators6 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• Budimex Nieruchomości: Polish residential development subsidiary of Budimex S.A. (general contractor), selling apartments in Warsaw, Kraków, Gdańsk, Poznań and Wrocław. Overlaps with Develia in cities, customer segments, and product (multi-unit residential estates).
• Archicom S.A. Wrocław-headquartered Polish residential developer (WSE:ARH), now part of the Echo Investment group, active in Wrocław, Kraków and Warsaw. Competes head-to-head with Develia's Vita estates in overlapping Polish urban markets using a similar apartment-for-sale model.
• J.W. Construction Holding S.A. Polish residential and commercial developer with multi-city apartment portfolio (formerly WSE-listed). Competes in the same apartment-sales segment across major Polish cities as Develia.
• Murapol S.A. One of Poland's largest privately-held residential developers with multi-city apartment sales. Comparable in product offering (new-build apartments), customer base (individual Polish homebuyers and investors), and multi-region footprint.
• ATAL S.A. Major Polish residential developer delivering multi-unit apartment estates across cities including Wrocław, Kraków, Łódź, Warsaw, and Gdańsk. Comparable scale and customer positioning within the Polish apartment-for-sale market that Develia targets.
• Dom Development S.A. Largest Polish residential real estate developer (WSE:DOM), selling apartments in Warsaw, Wrocław, Kraków, Gdańsk and other major Polish cities. Closest direct competitor to Develia in target market, product (residential apartments for sale), go-to-market (multi-city sales offices), and scale.
• Echo Investment S.A. Polish real estate developer (WSE:ECH) covering residential, office, and mixed-use projects including flagship developments in Warsaw. Comparable in mixed residential/commercial strategy and Polish geographic footprint, with Archicom parent ownership creating direct overlap.
• Marvipol Development S.A. Polish real estate developer (WSE:MAR) focused on residential projects in Warsaw. Comparable in apartment-sale model and premium positioning though smaller and more geographically concentrated than Develia.
• P.A. Nova S.A. Polish commercial and residential developer (WSE:PAN) active in retail park and residential development across multiple Polish cities. Comparable in mixed commercial/residential strategy and Polish domestic market focus.
• Robyg S.A. Warsaw-focused Polish residential developer (acquired by TAG Immobilien AG), historically active in Warsaw, Gdańsk, Gdynia, Kraków, Łódź and Wrocław. Directly comparable business model of multi-estate apartment sales to Polish homebuyers and investors.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@develia_pl
• Facebookfacebook.com/develiapl
• LinkedInpl.linkedin.com/company/develia
• Instagraminstagram.com/develia_vita_w_domu

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries2 records

Funding overview

Funding rounds

Investors

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

M&A1 record

Investments

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

Frequently asked questions about Develia