PHN Group to Expand Osiedle Olimpijczyk in Łódź Together with Unibep

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 and 121. Its success in the first phase encouraged PHN to develop the project based on the company’s land assets, keeping to high urban design standards. PHN will release the construction site to the general contractor in the coming days. The second phase of Osiedle Olimpijczyk is expected to be completed in the first quarter of 2025.

“Referring to the name of our project, we can say that we are starting the second lap, the second phase of Osiedle Olimpijczyk. Thanks to its excellent location and high quality workmanship in the first phase, 166 apartments found buyers within a short timeframe. Already today, even before the start of construction and sales, nearly 20 apartments have been reserved by people who appreciate the high-quality construction of the first phase. This is the best showcase of our cooperation with Unibep, and I am excited about building the second phase together”, said Szczepan Barszczewski, Vice President for Investment Projects at Polski Holding Nieruchomości.

The new phase of the Osiedle Olimpijczyk project, which is now being launched, will include two 6-storey residential buildings of simple and elegant design, with detached garages and outdoor parking spaces. 132 apartments with functional and adaptable layouts have been planned. The average size will be 60 sqm and most units will have 3 or 4 rooms, being intended mainly for families with children. 120 storage rooms are also envisaged. Ground-floor apartments will have their own gardens, while the ones on upper floors will feature loggias and balconies. There will be a playground, a recreation zone and 32 bicycle parking spaces.

Osiedle Olimpijczyk lies 6 km away from the centre of Łódź. It has excellent transport links and is located in a quiet and green area, about 2 kilometres away from the Piłsudski Park, the largest historic park in Łódź, with a botanical garden, a zoo and a water park. Aside from the green areas, there is a broad selection of shops, including a shopping centre, as well as services, restaurants and fitness clubs.

Unibep S.A. is one of the leading players in the Polish construction sector. One of the main business segments of the WSE-listed construction company with predominantly Polish capital is building construction. The specialisations of this reputable general contractor include the development of housing estates in Poland’s major cities. It is a company with tradition – in 2025, Unibep S.A. will celebrate its 75th anniversary.

“We are very happy to work for Polski Holding Nieruchomości on the Osiedle Olimpijczyk project once again.This is yet another joint housing project – as a reminder, we have been building the Osiedle Kolej na 19 project in Warsaw for a year. This new contract additionally confirms how smooth cooperation is between the investor and the contractor, and that we are always looking for the best solutions for our customers. I would like to declare that we will make every effort to ensure that the buildings are handed over on schedule and the execution is of high quality”, said Krzysztof Mikołajczyk, Vice President for Construction at Unibep S.A.

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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 more than 150 properties and ca. 600 ha of land across the country (e.g. in Warsaw, Poznań, Wrocław and the Tri-City). 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.

Unibep S.A.

Unibep S.A. is one of the largest construction companies in Poland. It is engaged in a variety of construction industry segments, acting as a general contractor for buildings in Poland and abroad. Its power and industry construction business develops projects for the industry and energy sectors. The company boasts the largest factory of modular houses in Poland (which are mostly exported to Scandinavia and Germany), takes part in broadly understood infrastructure projects (building roads and engineering structures, mainly in the northeastern part of Poland) and operates as a property developer in Warsaw, Poznań, Radom and Tri-city. The Company has been listed on the Warsaw Stock Exchange since 2008.