News

07
July
PHN Group will commence reservations for selected Yacht Park apartments already during charity regatta PHN-GDYNIA VIP RACING 2017, which will take place this weekend.The Group has also announced a tender for choosing the general contractor for the 1st stage.Yacht Park, a luxurious residential complex with a modern marina and a promenade with boutiques and restaurants, will be a great place to live. In the unique location of the Molo Rybackie pier in Gdynia, on the area of ca. 6,300 sq.m., PHN...
05
July
The second edition of Charity Regatta PHN-GDYNIA VIP RACING 2017 will take place on July 7–9 on Balt 23 cabin sailing yachts.28 teams will participate.The event is traditionally combined with a charity action in which each team will make a donation to the “Bursztynowa Przystań” Children’s Hospice in Gdynia. PHN-GDYNIA VIP RACING 2017 regatta is a sports competition, a great fun and an event which promotes PHN’s unique (in both Poland and Europe) development project – Yacht Park. The project...
23
May
In the first quarter of 2017, PHN Group’s revenue from property leases grew to PLN 38.5 million compared to PLN 33.6 million in the same period last year, an increase of 14.6 percent. Adjusted EBITDA also increased significantly in Q1 2017 to PLN 13.6 million, a year-on-year improvement of 43.2 percent. In the immediate future, PHN Group will step up the implementation of commercial projects which will expand the Company’s real estate portfolio over the next few years. The first quarter of...
18
May
Today, the Company’s Management Board adopted a resolution under which it will make a proposal to the Annual General Meeting to distribute the Company’s 2016 net earnings of PLN 16,480,063.61. The Management Board will recommend allocating PLN 12,164,367.80 of the earnings as a dividend to shareholders (at PLN 0.26 per share) and transferring the remaining PLN 4,315,695.81 to supplementary capital. The above recommendation is consistent with PHN Group’s strategy for 2017–2023, according to...
17
May
On May 17, 2017, Polski Holding Nieruchomości S.A. and Chopin Airport Development Sp. z o.o. signed a memorandum of understanding for potential collaboration that includes joint involvement in investment projects. According to the memorandum, Polski Holding Nieruchomości and Chopin Airport Development will work together to identify opportunities for joint investment projects in the commercial construction area, including office buildings, hotels and technology infrastructure. “Today’s...

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