News

PHN Group, owner of the INTRACO office building at ul. Stawki 2 in Warsaw, has announced its decision to demolish the existing building. This is the beginning of a new phase – preparations for the construction of a modern, energy-efficient and environmentally friendly high-rise building, which in its new form will continue INTRACO’s recognizable presence in this part of the city, while respecting the history of the site. The current INTRACO building, despite years of attempts to modernize it,...
PHN Group closed the first quarter of 2025 with very good financial results. Net profit reached a historic high of PLN 185.9M, driven primarily by VAT refund. It is worth noting that operating profit for the period amounted to PLN 101.9M, an increase of 14.3% year-on-year. In Q1 2025, PHN Group generated sales revenue of PLN 223.8M, which, after taking into account administrative and sales expenses, translated into a net sales profit of PLN 41.8M. This represents an increase of about 52%...
22
May
PHN Group has completed an important milestone of construction of the VENA office building at al. Prymasa Tysiąclecia 83 in Warsaw. The closing and topping out of the shell and core is another step in the development of a modern and sustainable office building that will enrich Warsaw’s A-class real estate market by 15,000 sqm. The construction is expected to be completed in the first quarter of 2026. The VENA office building, located in the heart of Warsaw’s Wola district, is a project that...
16
April
Last year, PHN Group achieved its highest-ever sales revenue of PLN 815.8M, up by 43.5% from 2023, which is a cumulative effect of significant revenue increases generated in key business segments. This allowed the company to generate gross profit on sales of PLN 199.0M, an increase of 14.3% year-on-year. PHN Group continued to pursue its strategic goal of increasing its value and focused on activities related to developing a new growth strategy and improving its financial position. “We are...
31
March
Polski Holding Nieruchomości has successfully secured financing for the development of its first large-scale photovoltaic farm with a capacity of 18 MW. A preferential loan from the National Fund for Environmental Protection and Water Management (NFOŚiGW), granted as part of the National Recovery Plan (KPO), will cover 85% of eligible investment costs, which is about PLN 33.5 million. The investment is crucial to the company’s ESG strategy and is part of its strive to supply PHN Group’s...
21
March
Polski Holding Nieruchomości is once again getting involved in pro-environmental initiatives. On 22 March at 8:30 p.m., the company will turn off the lighting in selected office buildings in Warsaw, Poznań and Gdańsk, as part of the global “Earth Hour” campaign organized by the WWF. This is a symbolic gesture to emphasize the importance of environmental protection, sustainable development and responsible resource management. Lighting will be turned off at several key PHN properties, including...
12
March
“New Start” is the watchword of PHN Group’s new strategy for 2025-2030. Its main objective is to strengthen Polski Holding Nieruchomości’s position as a leader in the domestic real estate market, increase the scale of operations, and reorganize the business structure. PHN Group is betting on four business pillars, organized into a value chain, that will bring stable and sustainable growth. The company plans to generate more than PLN 1.6B in net revenue and EBITDA of more than PLN 400M in 2030...

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