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...
15
May
PHN Group started the demolition of the 10-storey building at ul. Świętokrzyska 36. The old building will be replaced by a flagship project of Polski Holding Nieruchomości S.A. This state-of-the-art, A-class high-rise building will improve the panorama of Warsaw, and deliver approx. 40,000 sq.m. of leasable area to future tenants.
According to the schedule, the demolition will be completed by the end of the year. Currently, windows are being dismantled. Demolition works are conducted by the...
06
April
Polski Holding Nieruchomości S.A. received the title of “Transparent Company of the Year 2016” in the first edition of the ranking prepared by the Accounting and Tax Institute and “Parkiet” stock exchange daily.The ranking’s results were based on a survey among companies, covering three major areas of communication with the market:financial reporting, investor relations and corporate governance principles.
The ranking’s organizers aimed at improving the quality of public companies’...
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Polski Holding Nieruchomości S.A.
al. Jana Pawła II 12, 00-124 Warszawa
tel.: +48 (22) 850 91 00, fax: +48 (22) 850 91 01, e-mail: sekretariat@phnsa.pl
