Chopin Airport Development has signed an agreement for the construction of Moxy hotel that belongs to the Marriott International chain. The building that will be located in the immediate vicinity of the Poznań-Ławica Airport will start operating by the end of the next year. The hotel with a total area of over 5,300 sq.m. will offer 120 rooms, a restaurant, conference room, fitness club and a parking lot for 89 vehicles. This is the second Moxy hotel in the portfolio of Chopin Airport...
PHN Group officially handed over to the General Contractor — EUROBUDOWA — the construction site for building a commercial and service building at ul. Geodezyjna in Warsaw's Białołęka, by Trasa Toruńska. A long-term lease agreement has been signed with the tenant. The agreement with EUROBUDOWA Sp. z o.o. includes the construction of a commercial and service pavilion with technical infrastructure, parking lots and exit from the internal road. The contractor's obligations also include obtaining...
In Q1 2018, the PHN Group generated a net profit of PLN 12.7 million compared to net loss of PLN 2.5 million in the similar period last year. The most reliable efficiency indicator — adjusted EBITDA — in Q1 2018 amounted to PLN 14.2 million, a year-on-year improvement of 4.0%. In the immediate future, PHN Group will continue to implement the investment program and improve the economic efficiency. In 2018, the PHN Group acquired new tenants, including: DPD Polska (under the HILLWOOD & PHN...
Polski Holding Nieruchomości S.A. won the prestigious Eagle prize awarded by the “WPROST” weekly in the Business Leader category in Mazowieckie province. “On behalf of the Management Board of Polski Holding Nieruchomości S.A. I would like to thank you for this prestigious distinction. It is an honor. We are trying to effectively fulfill all the expectations of our tenants and property buyers,” said Zbigniew Kulewicz, Vice-President of the Management Board, who received the award on behalf of...
Today, the Company’s Management Board adopted a resolution under which it will make a proposal to the Ordinary General Meeting to distribute the Company’s 2017 net earnings of PLN 25,529,554.57. The Management Board will recommend allocating PLN 12,639,961.44 of the earnings as a dividend to shareholders (at PLN 0.27 per share) and transferring the remaining PLN 12,889,593.13 to supplementary capital. When making the decision on distribution of profit for 2017, the Management Board was guided...