PHN Group, thanks to its consistently pursued policy of diversifying its activities, generated in the first half of this year PLN 280.3 million in consolidated sales revenue. Thanks to strict cost control, adjusted EBITDA amounted to PLN 44.2 million.
PHN Group had a successful first half of 2023 in terms of operations. Consolidated rental revenue, a key segment of the business, increased year-on-year by 20%, to PLN 118.3 million, with a result of PLN 68.9 million. Revenue from construction...
On Wednesday, 23 August, a new 99th Castorama store in Poland and the 7th in Warsaw was launched at the Building and Interior Design Centre in Warsaw, owned by Polski Holding Nieruchomości. PHN signed a long-term lease agreement with the retail chain for the building located on Bartycka Street in Warsaw.
The capital’s new Castorama store is located in the Mokotów district, at ul. Bartycka 26, on a property owned by PHN. This is an address with an “industry” history, where the Building and...
17
August
Polski Holding Nieruchomości has signed a contract with Unibep for the construction of the second phase of Osiedle Olimpijczyk, a housing estate in Łódź in the Polesie district. The general contractor, which was selected in a tendering procedure, has successfully completed the first phase of the project. 132 apartments will be handed over in the first quarter of 2025.
The new residential project is a continuation of Osiedle Olimpijczyk, a housing estate located at ul. Janusza Kusocińskiego 119...
03
August
Polski Holding Nieruchomości successfully develops its activity in the residential construction segment in another regional market. One of the buildings in the ŁAN estate in Wrocław has been topped out, which means that the construction stage has been completed and the general contractor is starting facade finishing and installation works. More than 170 apartments will be delivered in H1 2024.
ŁAN estate is the first residential project being developed in Wrocław by Polski Holding...
31
July
Polski Holding Nieruchomości (PHN) Capital Group, which has been conducting its business operations in Poland’s capital city for decades, is again joining in the commemoration of the anniversary of the outbreak of the Warsaw Uprising. Brightly lit anchor-shaped emblems of the Polish Underground State, 20 meters in size, will appear on the walls of the company’s INTRACO office building located at 2 Stawki Street.
From Monday, 31 July, for two nights until 1 August, the anchor-shaped symbols of...
25
May
Despite difficult market and macroeconomic conditions, the PHN Group generated consolidated sales revenue of PLN 137.3 million in the first quarter of this year, which means an increase by 26% year on year. This is the result of a consistently implemented policy of diversification of activities. Thanks to it as well as strict cost control, adjusted EBITDA amounted to PLN 19.9 million.
In Q1 2023, consolidated sales revenue of the PHN Group, achieved in segments of, among others, rental,...
24
May
Polski Holding Nieruchomości issued 3-year C-series bonds with a total nominal value of PLN 220 million, exceeding the original assumptions by more than 2.5 times, with a favourable interest margin. The company will use the acquired funds, among others, for the implementation of an ambitious investment programme.
The offer of PHN C-series bonds, which ended on 23 May this year, met with very positive interest from financial investors. Within two days, subscriptions through the four largest...
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Polski Holding Nieruchomości S.A.
al. Jana Pawła II 12, 00-124 Warszawa
tel.: +48 (22) 850 91 00, fax: +48 (22) 850 91 01, e-mail: sekretariat@phnsa.pl
