We are pleased to inform that on July 21st 2011 LC Corp entered into a Preliminary Contract for purchase of the land located in Muchobór Wielki in Wrocław. The area of 3.4 ha is covered by a local land development plan.
On July 19th 2011 an LC Corp S.A. special purpose entity purchased a new plot (under perpetual leasehold) at Brzeska street in Wrocław.
On July 22nd 2011 an LC Corp S.A. company obtained the building permit for construction of the 2nd stage of Osiedle Maestro at Dróżnicza street in Wrocław-Jagodno.
On July 15th 2011 Warszawa Przyokopowa Sp. z o.o., acting as a part of LC Corp S.A., entered into a credit agreement with Raiffeisen Bank Polska S.A.
We are pleased to announce that on July 5th 2011 one of the companies of the LC Corp S.A. Group signed a General Contractor Agreement concerning Stage 1 of a new housing project in Ząbki. This is another housing project of LC Corp S.A. in Warsaw, following the construction of the popular estates - "Osiedle przy Promenadzie" and "Rezydencja Kaliska".