PHN Property Management, a member of Polski Holding Nieruchomości and Polski Holding Hotelowy, signed a 7-year loan agreement with Bank Pekao S.A. to refinance the acquisition of an organized part of the Cosmar Polska company, operating under the trade name "Regent Warsaw Hotel".
PHN Property Management acquired the organized part of Cosmar Polska from the bankruptcy trustee in February 2021 for PLN 130.5 million. The transaction is part of PHN Group's strategy which, in addition to...
In the first three quarters of 2021, PHN Group improved its financial performance by further diversifying its development activities and controlling costs. Net profit amounted to PLN 43.7 million compared to PLN 0.1 million in the same period last year.
Rental income increased to PLN 79.4 million, while development income rose to PLN 34.2 million. The results improved due to increased result on rental, result on construction operations and keeping costs under control. The strategic goal of the...
10
November
On the 103rd anniversary of Poland’s regaining independence, the national flag will be displayed on the flagship investment of Polski Holding Nieruchomości Group – the SKYSAWA office building.In addition, on the façade of the tenement house at ul. Wierzbowa 9/11, belonging to the PHN Group, a multimedia show will be presented to commemorate regaining independence by Poland.
For many years PHN Group has been actively involved in commemorating historical events important to Poland.This year, for...
28
October
Polski Holding Nieruchomości dynamically develops its activities in the residential construction segment. At the construction site of the Młoda Białołęka estate, the general contractor has started the finishing works on the facade as well as the installation works. After nine months from the beginning of the works, one of the buildings was topped out, marking the completion of the construction works stage at the housing estate.
The project is located at ul. Geodezyjna 72 in Warsaw’s Białołęka...
07
October
There is smooth and rapid progress in construction works at the new INSTA 21 housing estate being built by the Polski Holding Nieruchomości Group in Warsaw at ul. Instalatorów 21. A topping out ceremony was held at the project site, which means that structural construction works have been completed and the building has reached its target height.
The housing estate located in Warsaw’s Włochy district includes 87 apartments with total usable area of 4,000 sq.m. Most apartments have already been...
27
September
In Warsaw’s Wola district, a flower meadow open to the city’s residents is being developed. This is yet another pro-ecological project of Polski Holding Nieruchomości that promotes the highest green standards in the real estate market.
On a plot belonging to the PHN Group, with an area of over four thousand square meters and located on the busy Prymasa Tysiąclecia avenue, field poppies, cornflowers and mumingtons will bloom next spring. Urban meadows not only enhance the aesthetics of the city...
16
September
In H1 2021, the Polski Holding Nieruchomości Group once again demonstrated stable financial results thanks to continued diversification of their construction operations and consistent cost control. In the first six months of this year, the PHN Group’s net profit amounted to PLN 33.2 million.
Rental revenue grew to reach PLN 94.3 million, and thus the result on rental increased to PLN 53.3 million. The result on construction operations was at a level of PLN 30.6 million, whereas the PHN Group’s...
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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
