Lokum Deweloper S.A. (WSE:LKD) won the tender to acquire 1.25 hectares of land in Wroclaw for PLN 13.4 million on April 19, 2016. Lokum Deweloper paid PLN 0.6 million constituting a deposit. The transaction will be financed from Lokum Deweloper's own funds from the cash flows generated from the investments and also with the use of debt instruments. The deal is subject to prior approval of the Minister of the Treasury, if the Municipality of Wroclaw does not exercise its preemptive right. Lokum Deweloper S.A. (WSE:LKD) completed the acquisition of 1.25 hectares of land in Wroclaw on August 3, 2016.