Quart

What Quart does

Quart Development S.A. is a Wrocław-based, publicly listed Polish residential real estate developer (S.A., KRS 020323147) operating in the Lower Silesia region and focused on the former voivodeship capitals of Wrocław and Legnica. The company, founded in 2004 and listed on the NewConnect market of the Warsaw Stock Exchange since 2017 with stated intent to migrate to the main GPW market, develops single-family townhouses, multi-family apartment buildings, and building plots across named projects including Przyjazne Osiedle (Lutynia), Działki na Wzgórzu (Oborniki Śląskie), Osiedle Cypryjskie, Przy Parku, Stanety, and Muzyczne Jagodno. The firm reports a 20-year track record encompassing more than 400 completed apartments, 37 houses, 100+ plots, and 11 commercial premises, with sample pricing of 580,000-640,000 PLN per apartment as of June 2025.

The business operates a direct-to-consumer model with no channel intermediaries, processing sales through its headquarters office at ul. Fabryczna 14d in Wrocław and via phone, email, and in-person appointments. Revenue is generated exclusively through one-time property transactions at handover rather than recurring contracts, making reported revenue inherently tied to construction-completion timing. FY2023 net sales revenue was 11,016,579 PLN against total assets of 46,043,680 PLN, equity of 31,001,208 PLN, operating profit of 3,279,488 PLN, and gross profit of 2,588,835 PLN, on 12,830,000 shares outstanding. The core technology stack is conventional construction with no proprietary software, app, or API; marketing relies on a WordPress-based company website displaying portfolios, PDF prospectuses, and quarterly investor disclosures.

Ownership is highly concentrated: Przemysław Kruszyński controls 45.42% of equity and 61.67% of voting rights (with affiliates), Roman Jędrzejczyk holds 46.01% of equity and 32.31% of voting rights, and Anna Marcinkowska holds 7.79%, together giving the two founders ~94% of votes. Michał Rataj serves as CEO (President of the Management Board); Kruszyński, Jędrzejczyk, Zofia Stawera-Jędrzejczyk, Iwona Kruszyńska, and Mirosław Weremiuk make up the Supervisory Board chaired by Jędrzejczyk. The lean 1-10 employee structure drives a low fixed-cost base, which the company cites as the source of competitive pricing for end buyers in Lower Silesia.

Name

Quart

Legal name

Quart Development S.A.

Website

https://quart.com.pl

Company type

Public

Founded year

2004

Operating status

Operating

Headcount range

1–10 employees

Short description

Quart Development S.A. is a Wrocław-based, NewConnect-listed Polish residential real estate developer building townhouses, multi-family apartments, and building plots in the Lower Silesia region for individual homebuyers.

Ownership category

akta.pro rank

Product category

Residential Real Estate Development

NAICS

New Housing For-Sale Builders (236117)

SIC

General Bldg Contractors - Residential Bldgs (1520), Land Subdividers & Developers (No Cemeteries) (6552)

akta.pro primary industry

Spec Home / Production Homebuilding (Tract & Volume Builders) (IMAFABAD)

Keywords

• Residential real estate
• Property development
• Apartment construction
• Housing development
• Building plots

Headquarters

HQ city

Wroclaw

HQ country

Poland

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Personnel, Marketing or Sales, Others

Revenue model

1. Residential Property Sales: One-time sale of completed or pre-construction residential units including apartments, single-family homes in townhouse arrangements, and building plots. Revenue is generated through individual property transactions at point of sale or handover.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Quart Development S.A. is a residential real estate developer based in Wrocław, Poland that constructs and sells apartments, single-family homes in townhouse arrangements, and building plots in Lower Silesia. The company delivers named housing developments (Przyjazne Osiedle, Osiedle Cypryjskie, Przy Parku, Stanety, Muzyczne Jagodno) and land subdivisions (Działki na Wzgórzu), selling completed or pre-completion units directly to individual buyers.

Product overview

Quart Development S.A. is a real estate development company operating in Lower Silesia, Poland, primarily in Wrocław and surrounding areas. The company offers a portfolio of residential real estate developments including single-family homes in row construction (Przyjazne Osiedle, Muzyczne Jagodno), multi-family apartment buildings (Stanety, Przy Parku, Osiedle Cypryjskie), and building plots (Działki na Wzgórzu). The product portfolio is organized as individual named developments located across Wrocław and nearby municipalities, with each project featuring different property types ranging from terraced houses with 47-65 m² apartments to single-family homes and land plots.

Differentiator

Problem solved

Functional benefit

Products and services

• Przyjazne Osiedle Residential development in Lutynia, 3.5 km from the Wrocław city border, comprising 120 single-family homes in row construction and multi-family buildings with 72 residential units; for individual homebuyers seeking suburban living near Wrocław.
• Osiedle Cypryjskie Intimate residential estate offering apartments away from city hustle while retaining city-center advantages; targeted at individual homebuyers in the Wrocław area.
• Przy Parku (Osiedle Przy Parku) Intimate residential estate located adjacent to Park Brochowski in Wrocław; designed for individual homebuyers seeking green-space living.
• Stanety High-standard apartment complex on Ks. Mariana Stanety Street in the Psie Pole district of Wrocław, featuring apartments with underground parking and storage units; for individual homebuyers seeking central Wrocław addresses.
• Muzyczne Jagodno Row-construction apartments with private gardens located in the Jagodno district of Wrocław; targeted at individual homebuyers seeking garden-level suburban living.
• Działki na Wzgórzu Building plots for sale in Oborniki Śląskie near Wrocław; for individual buyers seeking land for self-built homes.

Quantifiable outcome

• 20 years of experience in real estate development
• +2 more outcomes

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators12 records

Recent moves7 records

Expansion highlights4 records

Direct peers

• Develia S.A. One of Poland's largest residential developers (WSE-listed), active across multiple Polish cities including Wrocław. Comparable on product type (apartments for sale) and public-market dynamics.
• Dom Development S.A. Leading Polish residential for-sale developer (WSE main market), with growing presence in Wrocław alongside its Warsaw base. Comparable on product type and capital-markets profile.
• Archicom S.A. Wrocław-headquartered residential developer operating in Lower Silesia, focused on apartments and mixed-use estates. Directly comparable by geography, product type (mid-market residential), and public-company status.
• Lokum Deweloper S.A. Wrocław-based residential developer listed on the WSE main market, building apartments and estates in Lower Silesia. Comparable in scale, region, and product mix.
• J.W. Construction Holding S.A. Polish residential developer (WSE-listed) with multi-city footprint including Lower Silesia. Comparable on product type, public-market status, and multi-region operating model.
• Victoria Dom S.A. Polish residential developer focused on apartments in regional cities. Comparable by product type (for-sale apartments), regional-city strategy, and public-company status.
• ATAL S.A. Polish multi-city residential developer (WSE-listed) building apartments across major regional markets. Comparable on product (mid-market for-sale apartments), multi-region model, and listed-company governance.
• Ronson Development S.E. Polish residential developer listed on the WSE, active in Warsaw and select regional cities. Comparable by product type (for-sale apartments) and small-mid cap public-company status.
• Robyg S.A. Warsaw-headquartered residential developer (WSE-listed) with multi-city operations including Wrocław. Comparable by product type and capital-markets profile, though significantly larger in scale.

Broad incumbents

• Murapol S.A. One of Poland's largest residential developers by volume, listed on the WSE. Broader geographic footprint and larger scale, but highly comparable product type (mid-market apartments) and listed-company dynamics.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/quart-development-sa

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 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 Quart