What GH Development does

GH Development Sp. z o.o. is a Warsaw-headquartered residential real estate developer, established in 2018 as the Polish subsidiary of GH, a Belgian real estate company founded in 1910. The company operates within a corporate structure of approximately 13 special purpose vehicle subsidiaries (GH Development 4-14, Słowiańska, Barnsley, Gadbrook) that hold individual project assets. GH Development employs over 100 specialists across Poland (30+) and Belgium (70+), applying the parent company's century of Belgian-market experience to Polish residential development.

The company's core offering is the development and sale of multi-family residential apartments across eight projects in Warsaw and Gdańsk, with a pipeline exceeding 1,700 planned units and 95,000 m² of residential space. Active developments include ale!KEN (281 units total, Ursynów district), Orzechowa 2 (120 units, Włochy district), Marimonte (139 units, Bielany), Vista Wawer (80 units, Wawer), and Museo (216 units, Gdańsk Śródmieście). Completed projects include MOXO HOUSE (13 luxury apartments, Mokotów), Livin' Praga (143 units, Praga Północ), and Orzechowa (114 units, Włochy). Technical features include Smart Home automation, photovoltaic panels, energy-efficient building solutions, and amenity-rich designs (underground parking, coworking, fitness, green recreational areas).

GH Development generates revenue through one-time residential unit sales to individual buyers, ranging from first-time buyers and families to property investors. Pricing is quote-based and not publicly disclosed, varying by project, size, floor, and amenities. The go-to-market is sales-led via dedicated on-site sales offices at each project, with marketing amplified through dedicated project websites, social media (Facebook, LinkedIn), email newsletters, and event sponsorships (Bieg Ursynowa). The company holds PZFD industry association membership and partners with established general contractors (Eiffage Polska, Kalter, FineTech Construction, AM Construction, CFE Polska, SPS Construction, Łucz-Bud). A first cross-border joint venture with Park Property Europe was announced in May 2026 for the Orzechowa 2 project.

Name

GH Development

Legal name

GH Development Spółka z ograniczoną odpowiedzialnością

Website

https://ghdevelopment.pl

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

11–50 employees

Short description

GH Development is a Warsaw-headquartered residential real estate developer, established in 2018 as the Polish subsidiary of Belgian parent GH (founded 1910). It develops and sells multi-family apartments across eight projects in Warsaw and Gdańsk, serving individual buyers and property investors.

Ownership category

akta.pro rank

Product category

Residential Real Estate Development

NAICS

New Housing For-Sale Builders (236117)

SIC

Land Subdividers & Developers (No Cemeteries) (6552)

akta.pro primary industry

Multi-Family Residential Construction (Apartments, Condos, Townhomes) (IMAFABAB)

Keywords

• Residential real estate development
• Apartment construction
• Housing development
• Property development
• Real estate sales

Headquarters

HQ city

Warsaw

HQ country

Poland

HQ region

Europe

Offices7 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Residential Property Sales: Direct sale of completed and pre-sold apartments and residential units to individual buyers. Revenue generated from apartment sales across multiple developments in Warsaw and Gdańsk. Properties include various sizes from studios to 5-room apartments targeting different customer segments from affordable to premium.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels6 records

Core offering

GH Development develops and sells multi-family residential apartment buildings in major Polish cities, primarily Warsaw and Gdańsk. The company plans, builds, and markets apartment units ranging from studios to 5-room homes across various price segments (affordable to premium). It leverages its Belgian parent company's 100+ years of real estate experience to deliver modern, energy-efficient developments with smart home integration, in well-connected locations near metro stations.

Product overview

GH Development is a Belgian-founded residential real estate developer operating in Poland since 2018, leveraging 100+ years of experience from the Belgian market. The company offers a portfolio of residential developments across Warsaw and Gdańsk, ranging from affordable apartments to premium-class investments. Current active projects include: Orzechowa 2 (Włochy district, 120 units), ale!KEN (Ursynów, 280 units across two phases), Marimonte (Bielany, 139 units), Vista Wawer (Wawer, 80 units), and Museo (Gdańsk, 216 units). Completed projects include MOXO HOUSE (Mokotów, 13 luxury apartments), Livin' Praga (Praga Północ, 143 units), and Orzechowa (Włochy, 114 units). The company also has projects in preparation stage including Project Bemowo. All developments feature modern architecture, smart home solutions, green spaces, and various amenities including underground parking, commercial premises, and recreational areas. GH Development is a member of the Polish Association of Property Developers (PZFD).

Differentiator

Problem solved

Functional benefit

Products and services

• MOXO HOUSE GH Development's first project in Poland, located at Goszczyńskiego 31A in Warsaw's Mokotów district. A 4-storey building with 13 luxury apartments (67-180 sqm) featuring private gardens, terraces, Smart Home solutions, and underground parking. Sold out and completed in 2022.
• Livin' Praga Completed residential development at 2 Kotsisa Street in Warsaw's Praga Północ district. A 7-storey building with 143 apartments (33-80 sqm, 2-4 rooms), commercial premises on ground floor, underground garage, and nearby pocket park. Sold out and completed in April 2025.
• Orzechowa Completed residential project at Orzechowa Street in Warsaw's Włochy district. Modern building with 114 functional apartments (25-82 sqm, 1-4 rooms), balconies/loggias/gardens, underground parking, and commercial premises. All units sold; received occupancy permit in November 2025.
• Orzechowa 2 Second phase of Orzechowa project in Warsaw's Włochy district. 120 apartments (25-92 sqm) with balconies, private gardens, and 5 commercial units. Features photovoltaic panels, Smart Home systems, gated development with access control. General contractor: AM Construction.
• ale!KEN Residential development at Al. KEN 60 in Warsaw's Ursynów district, next to Imielin metro station. Total 280 units across two phases (27-130 sqm, 1-5 rooms). Features 2,700 m² of green areas, CCTV, 24/7 security, retail units. Won Best Investment of the Year 2026 at Best Living Awards.
• Marimonte Prestigious development at Marymoncka 4 in Warsaw's Bielany district, near Metro Słodowiec station. 139 residential and investment apartments (30-130 sqm, 1-5 rooms) with balconies/terraces/gardens. Features private residents' patio, reception, security, monitoring, energy-efficient solutions, and two-level underground parking. General contractor: Kalter Sp. z o.o.
• Vista Wawer Intimate residential building at Tytoniowa 20 in Warsaw's Wawer district. 80 apartments (27-78 sqm, 1-4 rooms) with balconies and ground-floor gardens (up to 150 sqm). 5-storey traditional architecture with sloping roofs. 3 commercial premises, underground garage, bicycle storage. Near green areas and nature reserves.
• Museo First GH Development project outside Warsaw, located at Żabi Kruk 14 in Gdańsk's Śródmieście district, next to the National Museum. 6-storey building with 216 functional units (26-47 sqm). Premium amenities including elegant lobby with reception, coworking space, fitness area, relaxation zone, luggage storage, bicycle room. General contractor: FineTech Construction.

Quantifiable outcome

• 80% of MOXO HOUSE apartments sold before project completion

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Nine partnerships are on record, tiered core and minor.

• Park Property Europe GmbH & Co. KGcoreStrategic or Co-development Partner · 20 May 2026Strategic partnership for joint development of Orzechowa 2 project. This is GH Development's first joint venture with Park Property Europe, representing a significant strategic alliance for shared investment execution.
• Polish Association of Developers (PZFD)minorOthersIndustry association membership providing credibility, access to industry events, and adherence to Code of Good Practice and Development Agreement Catalog standards. Benefits include investment security guarantees for customers.
• Eiffage Polska BudownictwominorOthersGeneral contractor for ale!KEN development (both phases). One of the most experienced contractors in Poland and Europe, known for prestigious residential, infrastructure, and commercial projects.
• FineTech ConstructionminorOthersGeneral contractor for Museo development in Gdańsk. Experienced partner specializing in modern residential, office, hotel, and retail projects.
• AM ConstructionminorOthersGeneral contractor for Orzechowa 2 development. Company with many years of experience in residential and commercial project delivery, known for high quality workmanship and timely delivery.
• Kalter Sp. z o.o.minorOthersGeneral contractor for Marimonte development. Over 21 years in Polish construction market with 135+ completed residential, office, and commercial developments. Known for reliability and on-time delivery.
• SPS Construction Sp. z o.o.minorOthersGeneral contractor for Orzechowa (Phase 1) development. Has completed many Warsaw housing projects and other cubature buildings in Poland.
• Łucz-Bud (PHUB Łucz Bud Sp. z o.o.)minorOthersGeneral contractor for Livin' Praga development. Experienced company with established position in construction market.
• CFE PolskaminorOthersGeneral contractor for MOXO HOUSE (first project). Operating on Polish market for 25 years.

Scale indicators7 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• Atal: Polish residential and commercial developer with strong presence in Warsaw and other major cities. Comparable product offering (new apartments for individual buyers and investors), direct sales offices, and multi-city expansion strategy.
• Murapol: Polish residential developer building multi-family housing for sale across multiple Polish cities including Warsaw, Kraków, Wrocław, and Gdańsk. Comparable in product type, customer segment, and pre-sale-driven residential development model.
• Archicom: Polish residential developer, originally Wrocław-focused but expanding to other cities. Directly comparable multi-family apartment product, individual buyer segment, and pre-sale model.
• J.W. Construction Holding: Established Polish residential developer with multi-city operations including Warsaw. Comparable in building and selling new multi-family residential apartments to individual buyers and investors across Poland.
• Develia (formerly Robyg): One of the largest residential developers in Poland with multi-city operations including Warsaw, Wrocław, Gdańsk, and Kraków. Directly comparable to GH Development in product (new-build multi-family apartments for sale), customer base (individual buyers and investors), and sales-led GTM.

Regional players

• Cordia (Futureal Group): Hungarian-headquartered residential developer with growing Polish operations including Warsaw. Comparable multi-family residential product, individual buyer focus, and direct sales model.
• Lokum Developer: Polish residential developer primarily active in Wrocław. Comparable product (new apartments for sale) and pre-sale model; relevant as GH Development scouts Wrocław for expansion.

Broad incumbents

• Skanska Residential Development Poland: International developer (Swedish parent) operating residential developments in major Polish cities including Warsaw. Comparable product offering but operates within broader Skanska construction/development group.
• Echo Investment: Major Polish developer with broad portfolio spanning residential (apartments for sale), office, retail, and mixed-use. Larger scale and broader scope than GH Development, but overlapping significantly in Polish residential development including Warsaw.

Emerging players

• Vantage Rent (Vantage Hospitality Group): Polish residential developer active in Warsaw with PRS (build-to-rent) and for-sale models. Comparable in building modern multi-family housing in Warsaw, with overlapping customer base of individual buyers and investors.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/GH-Development-101210279287102
• LinkedInlinkedin.com/company/gh-development

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries13 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 GH Development