31
July
PHN traditionally joins in the commemoration of the anniversary of the outbreak of the Warsaw Uprising. On the 80th anniversary, the Insurgent Anchor – the symbol of the Fighting Poland – will light up on the INTRACO building, owned by the PHN Group.
The Fighting Poland sign will light up at dusk on 1 August on both sides of the INTRACO building, located in Warsaw's Muranów district at 2 Stawki Street. The Insurgent Anchor will cover the upper part of the building between the 30th and 37th...
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...
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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
