Mostostal Warszawa to be the general contractor for the 1st stage of PHN Group’s residential project “Vis a Vis Wola”

Wednesday, August 2, 2017 - 13:39

PHN Group has chosen Mostostal Warszawa as the general contractor for the 1st stage of the “Vis a Vis Wola” project located at al. Prymasa Tysiąclecia 83 in Warsaw. The Central Branch Mostostal Warszawa will construct two modern multi-family buildings with a total area of over 30,000 sq.m.

The complex “Vis a Vis Wola I” will be situated by the district’s main thoroughfare – Aleja Prymasa Tysiąclecia 83. Under the agreement, Mostostal Warszawa is to implement the 1st stage of the project, i.e. two residential buildings with underground garages and a recreational courtyard. The residential complex in the Wola district will be distinguished by modern architectural form, varied numbers of storeys and a prominently exposed ground floor with service facilities. The lower part will include apartments with large balconies. The part with varied height (from 1 to 9 above-ground storeys) will have bigger apartments. The complex will include a total of 213 apartments with total usable area of 12,162.6 sq.m. Between the buildings, there will be an internal green square with a small pond and recreational area for residents. Each building will also have an independent underground garage with shared exit ramp. The basement will also include bicycle and carriage storage, residents’ storage rooms, as well as technical rooms together with built-in transformer station. The buildings’ roofs will be flat, which will enable residents to use them as terraces, while the underground garage will be covered by green roofs.

Apart from constructing multi-family buildings, the contract also covers developing technical infrastructure, including sanitary installations together with necessary terminals, and electric and communications installations including terminals (e.g. moving the transformer station to the -1 level). As part of developing the area, Mostostal Warszawa will also provide internal passages, a playground, landscaping, a hedge and internal lighting. In addition, it will be responsible for obtaining the occupancy permit.                                                                       

“We would like to contribute to the development of this part of the city and make it even more attractive, comfortable and resident-friendly. Our project also marks a promising beginning of cooperation with a new, reliable partner, and a perspective of achieving further growth of the value of our real estate portfolio,” said Maciej Jankiewicz, President of the Management Board of Polski Holding Nieruchomości S.A.

“Central Branch Mostostal Warszawa is currently implementing several residential projects in the capital, including in the Wola district, which is one of the most dynamically growing parts of the city. We have also recently signed two new contracts in the sector of residential construction, which shows that this market still maintains a dynamic growth rate. As a general contractor, we also pay attention to the fact that when constructing the Vis a Vis Wola I estate, we will partner with an investor with whom we have not had the opportunity to collaborate before. This always motivates us. It is the first stage of the estate, so it offers great prospects for future cooperation,” commented Artur Soczewica, Director of the Central Branch, Mostostal Warszawa.

 

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Polski Holding Nieruchomości Group

The Polski Holding Nieruchomości Group is the leading managing investor in the commercial property market in Poland. It is one of the largest companies in the sector in terms of the market value of its portfolio, which includes ca. 140 properties and nearly 700 ha of land with a value of ca. PLN 2.75 billion. PHN Group’s operations are focused in Warsaw and the major regional cities, including Łódź, Poznań, Wrocław and the Tri-City area. The total GLA of PHN Group’s properties is ca. 320,000 sq.m. PHN has long experience both in real estate management and construction project implementation. The Company has been listed on the Warsaw Stock Exchange since February 2013.

 

Mostostal Warszawa

Mostostal Warszawa S.A. is one of the largest construction companies in Poland. The company has been operating on the construction market for over seven decades and this has borne fruit in the form of the implementation of all types of construction facilities in Poland and Europe. The company combines the long-term tradition of Polish engineering with professional organization and wide use of state-of-the-art technologies. Mostostal Warszawa has been listed on the Warsaw Stock Exchange almost since the very beginning of the domestic capital market. The major shareholder in the company is Acciona Infraestructuras S.A. Mostostal Warszawa S.A. is the main shareholder of several companies making up the Mostostal Warszawa Group.

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Contact:

Grzegorz Bednarczyk – Marketing, Strategy, Investor Relations and PR Office

mob. +48 603 915 456;

phone: +48 22 850 91 75;

e-mail: grzegorz.bednarczyk@phnsa.pl