News

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...
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...
16
March
Statement of Polski Holding Nieruchomości S.A. regarding the properties in the so-called Wilanów Wysoki estate in Warsaw   In reference to a post published on 16 March this year on the X platform by Mrs. Magdalena Biejat, Deputy Marshal of the Senate, Polski Holding Nieruchomości S.A. declares that it has never planned and does not plan to give away or sell to other developers the properties it owns in the so-called Wilanów Wysoki estate in Warsaw. On the 4.3 ha owned in the area of Wilanowska...
13
March
An integral part of PHN Group’s activities, especially in Warsaw, where most of the company’s properties are located, is to support and spread historical memory. PHN will soon create a new symbolic memorial at its INTRACO Prime office building in tribute to the fighters and victims of the Warsaw Ghetto Uprising. Not far from the area where PHN Group’s new office building INTRACO Prime was recently built, Muranów Square was located until the end of World War II. During the ghetto uprising, it...
26
February
Polski Holding Nieruchomości has raised PLN 230 million from the issue of corporate bonds. The money will be used to finance new investments in the office and logistics segments as well as to refinance part of debt. PHN Group, one of Poland’s real estate market leaders with a portfolio of investment assets worth PLN 3.7 billion, continues its dynamic growth. The listed company has just raised financing for the development of planned projects in key business segments. In the book-building...
19
February
Polski Holding Nieruchomości is investing in renewable energy sources by developing a new business line, i.e. the photovoltaic segment. The first farm, with nearly 28 MW of installed capacity, will be built near the village of Owińska in the Czerwonak municipality, Greater Poland. The company has obtained the decision on conditions for connecting the planned RES installation to the power grid, a key document that determines the investment. PHN Group, one of Poland’s real estate market leaders...

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