News

22
July
Polski Holding Nieruchomości and the Capital Police Headquarters have signed a letter of intent that marks the beginning of cooperation in the area of housing policy, aimed at addressing the housing needs of officers and employees of the Capital Police Headquarters. The goal of the cooperation is to implement joint housing projects, including the possibility of leasing housing units in properties provided by PHN. The parties pledged to cooperate in jointly developing and implementing solutions...
03
June
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,...
26
May
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...

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