One of the four buildings of the KOLEJ NA 19 housing estate, located in the nearby part of the Wola district, has been symbolically topped out, which means that the stage of construction works has been completed. Of the 148 apartments offered in this development, 65 percent have already found their owners. KOLEJ NA 19 is a cozy premium housing estate located in Warsaw’s fast-growing Wola district, at ul. Kolejowa 19, close to the very center of the capital. Unibep, the development’s general...
The PHN Capital Group, thanks to the consistently implemented business diversification policy, generated PLN 418.1 million in consolidated sales revenues after three quarters of this year. The cost discipline allowed to develop adjusted EBITDA at the level of PLN 76.7 million. The PHN Group, one of the leaders of the real estate market in Poland in terms of the value of the investment asset portfolio, has achieved good operating results thanks to segmental diversification. In the key lease...
Chemobudowa – Kraków S.A., belonging to the PHN Group, begins the project of construction of a two-segment residential building entitled Willa Pana Tadeusza in Zabłocie. This will be the second BREEAM-standard residential project in Kraków. The new real estate will feature 120 higher-standard apartments. The buildings will be located at Pana Tadeusza Street in the 13th district of Podgórze in its dynamically developing part, Zabłocie – Wschód. Willa Pana Tadeusza is a multi-family building...
Polski Holding Nieruchomości has selected a general contractor and officially announced the start of construction for the second phase of the Młoda Białołęka residential estate in Warsaw. PHN’s new project will provide a total of 181 apartments. The Warsaw-based company ALFA-BET Polska is scheduled to complete the works by mid-2025. The planned development is located at 72 Geodezyjna Street, between Trasa Toruńska and Głębocka Street in Warsaw’s Białołęka district. The project represents the...
PHN Group, thanks to its consistently pursued policy of diversifying its activities, generated in the first half of this year PLN 280.3 million in consolidated sales revenue. Thanks to strict cost control, adjusted EBITDA amounted to PLN 44.2 million. PHN Group had a successful first half of 2023 in terms of operations. Consolidated rental revenue, a key segment of the business, increased year-on-year by 20%, to PLN 118.3 million, with a result of PLN 68.9 million. Revenue from construction...