News

05
October
Polski Holding Nieruchomości Group attained the lowest vacancy rate in its 6-year history i.e. 14.2%*. PHN Group reached the average vacancy rate in the Warsaw market of modern office space, which is currently around 14.0%**. Today, PHN Group concluded a rental agreement with NASK Research Institute for more than 1,000 sq.m. of office space. Recently, the rental agreement for more than 6,200 thousand sq.m. was concluded with the Polish branch of NOKIA, therefore one of the most modern...
04
October
Polski Holding Nieruchomości S.A. Group, with the decision of the President of the Capital City of Warsaw, received final permit for building a residential complex – the VIS á VIS Wola situated in al. Prymasa Tysiąclecia 83 in Warsaw. As part of stage 1 of the project, modern residential buildings with total area of more than 25,000 sq.m. will be built. The decision of the President of the Capital City of Warsaw which approves the building design means that the foundation stone will soon be...
02
October
Today, PHN Group and NOKIA – the global leader in technological innovation, signed the office space rental agreement in the modern building, Domaniewska Office Hub, located in the business centre in Mokotów. NOKIA will occupy more than 6,000 sq.m, and the space will be available already in October this year. PHN Group concluded a long-term rental agreement with the new tenant. NOKIA is a global leader in technological innovation with annual revenues of several billion euro. Thanks to research...
14
September
PHN Group, with the decision of the President of the Capital City of Warsaw, received exchangeable final permit for building a commercial and service building in ul. Geodezyjna in Warsaw’s Białołęka, by Trasa Toruńska. The decision of the President of the Capital City of Warsaw which approves the building design means that Białołęka will soon see a new retail commercial and service building. PHN will design and build the commercial and service building with the accompanying technical...
05
September
In H1 2017, PHN Group improved its economic effectiveness and financial results among others by increasing its rental revenue by 1.5% YoY to PLN 75.1m and reducing property maintenance expenses by 8.9% YoY to PLN 33.6m. Adjusted EBITDA also increased significantly to PLN 27.2m, a year-on-year improvement of 6.7%. In H1 2017, PHN Group adopted a new Strategy for 2017–2023 which assumes increasing the fair market value of its real estate portfolio to ca. PLN 6 billion in 2023. The Group will...

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