News

09
July
PHN is preparing a new attractive offer under which selected properties will be assigned for residential rental as well as for sale. More than 100 apartments for rent will be available from PHN starting this autumn. Properties for sale will be successively added to the company’s offer. An intensive analysis of PHN Group’s portfolio is currently underway, as a result of which the first decisions have already been made – namely to intensify rental activities and sell selected properties....
19
June
A symbolic topping out ceremony has just taken place on top of one of the two buildings of the Olimpijczyk Estate project located in the western part of Łódź, signifying that the construction work stage has been completed. Of the 132 apartments offered as part of the second stage of this project, almost 40% have already found their owners – 47 development contracts and four reservation agreements have been signed. The Olimpijczyk Estate is an intimate PHN investment located in Łódź’s Polesie...
23
May
PHN Group, thanks to rental income from new space, reported an increase in revenue from its key business segment, i.e. rental income, by PLN 13.8M in Q1 2024, up 24.2% year-on-year. Rental income increased from PLN 31.2M in Q1 2023 to PLN 43.6M in Q1 2024 (up 39.7%). In Q1 2024, EBITDA amounted to PLN 7.7M and was PLN 2.4M (-23.8%) lower than in Q1 2023. Adjusted EBITDA (EBITDA adjusted for the change in the fair value of properties and the result on their disposal, damages and penalties in...
04
April
After an intensive period of preparatory and design works, the company established by PHN and Hillwood has obtained a positive decision for the road investment. The road will connect the A4 highway exit and national road No. 30 with provincial road No. 351 in Zgorzelec. Based on the concluded road agreement with Zgorzelec municipality and a positive decision for the implementation of the road investment, construction works are planned to begin in the second quarter of this year. “We are...
04
April
Acting on the basis of the Terms and Conditions of the Competition for an urban and architectural concept for the development and management of the real estate located at ul. Arkadiusza Rybickiego in Gdynia, the Organizer of the Competition announces that, in accordance with the final assessment of the Competition Entries made by the Competition Committee, the competition entry No. 076845 submitted by the Participant, i.e. the architectural studio FS&P ARCUS Sp. z o.o. with its registered...

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