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08
December

PHN GROUP SIGNS A LETTER OF INTENT FOR A POTENTIAL ACQUISITION

On December 8, PHN Group signed a letter of intent for the purchase of 100 percent shares in a general contracting company. The letter confirms the parties’ intentions regarding the purchase of the company’s shares by Polski Holding Nieruchomości S.A. following the conclusion of the ongoing negotiations. The company whose shares are to be purchased conducts various business operations, which include the provision of construction and renovation services on a general contractor basis. The...
23
November

DEMOLITION OF THE BUILDING AT UL. WILANOWSKA 372 BEGINS TO MAKE ROOM FOR A HOTEL DEVELOPMENT

PHN Group maintained steady financial performance in the third quarter of 2017, including an increase in sales revenue to PLN 39.1 million compared to PLN 38.9 million in the second quarter. Net profit grew in Q3 2017 to PLN 15.0 million, an increase of 57.9 percent on the Q2 2017 figure of PLN 9.5 million. EBITDA increased in Q3 2017 to PLN 14.0 million, a 2.9 percent improvement on the previous quarter (PLN 13.6 million). For PHN Group, the third quarter of 2017 was a period of intensive...
22
November

PHN GROUP’S Q3 2017 SUMMARY SHOWS STEADY LEASE REVENUE

PHN Group maintained steady financial performance in the third quarter of 2017, including an increase in sales revenue to PLN 39.1 million compared to PLN 38.9 million in the second quarter. Net profit grew in Q3 2017 to PLN 15.0 million, an increase of 57.9 percent on the Q2 2017 figure of PLN 9.5 million. EBITDA increased in Q3 2017 to PLN 14.0 million, a 2.9 percent improvement on the previous quarter (PLN 13.6 million). For PHN Group, the third quarter of 2017 was a period of intensive...
20
November

PHN TO ACT AS THE PROJECT MANAGEMENT COMPANY FOR THE CONSTRUCTION OF THE MOXY HOTEL NEXT TO POZNAŃ-ŁAWICA AIRPORT

Polski Holding Nieruchomości will act as the project management company for the construction of the Moxy hotel next to Poznań-Ławica Airport. Selected by Chopin Airport Development for its investment project in Poznań, the Moxy brand is Marriott’s answer to the needs of Generation Y. The agreement between Chopin Airport Development and Polski Holding Nieruchomości was signed during the Kongres 590 event. Polski Holding Nieruchomości submitted the winning bid to act as the project management...
15
November

PHN GROUP STARTS SELLING APARTMENTS AS PART OF THE FIRST STAGE OF THE VIS À VIS WOLA PROJECT

Tomorrow, on November 16, 2017, PHN Group will start selling apartments as part of the first stage of its Vis à Vis Wola residential project. The Sales Office is located at Aleja Prymasa Tysiąclecia 83 in Warsaw. Construction of the first stage of the project officially began on November 10 with a groundbreaking ceremony held by PHN Group and the General Contractor: Mostostal Warszawa S.A. PHN Group has already obtained the necessary final permits for building both stages of the residential...

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