In Q1 2020, Polski Holding Nieruchomości S.A. and Poczta Polska S.A. renewed the lease agreement for ca. 20,000 sq.m. of space in Domaniewska Office Hub (DOH) at ul. Rodziny Hiszpańskich 8 in the Warsaw district of Mokotów. The annex was signed for 5 years. Market data indicates that the renegotiation of the agreement was the largest office space lease transaction in Poland in Q1 2020. Domaniewska Office Hub is an A-class office complex located in the prestigious Mokotów district, offering...
Polski Holding Nieruchomości supports the fight against the coronavirus epidemic. The company decided to donate PLN 1 million to the Hotels for Medics Foundation, which will make it possible to finance the stay in hotels of medical staff and quarantined individuals who must undergo quarantine outside their homes. “In these difficult times, we should all have the same goal — to stop the pandemic. Only united actions will help us to effectively stop COVID-19. Each of us can participate in...
The PHN Group significantly improved its results in 2019 due to the good economic situation on the domestic commercial and residential property market, new projects and cost control. The consolidated net profit increased by over 40% to PLN 69.0 million compared to the previous year, and rental revenue amounted to PLN 171.9 million compared to PLN 160.0 million in the previous year. Last year, the PHN Group achieved the highest operating profit in its history — EBITDA almost doubled to PLN...
STRABAG Sp. z o.o. — one of the most experienced companies on the construction market — has become the general contractor of the new project of Polski Holding Nieruchomości in the center of Warsaw — INTRACO Prime. INTRACO Prime is a state-of-the-art office and commercial complex that will be built near one of Warsaw’s first high-rise buildings — INTRACO — at ul. Stawki in Warsaw. The 8-storey building with a 3-level underground car park will deliver ca. 14,000 sq.m. of A-class modern office...
Polski Holding Nieruchomości — the investor of the Marina Yacht Park in Gdynia — received a distinction from the President of the City Council of Gdynia for the best investment implemented in the past year. The award ceremony was held on February 10 this year, on the anniversary of obtaining municipal rights by Gdynia. Awards for the best Gdynia investment of the year — “Czas Gdyni” (The Time of Gdynia) — are granted to investors who have developed facilities of outstanding architectural,...