PHN Group and Hillwood have signed a joint venture agreement for the implementation of a logistics park. In Zgorzelec – a border town in the Lower Silesian Voivodeship, approximately 220,000 sq. m of modern warehouse space and supplementary office space are planned. The park will be distinguished by its excellent location – right at the exit of the A4 motorway, two kilometers from the Polish-German border. The logistics park will be adapted to the needs of future tenants. The construction of...
In the first three quarters of 2022, the PHN Group once again reported good financial performance thanks to its firmly pursued policy of diversifying operations and strictly controlling costs. The net profit for the first nine months of 2022 grew by 25 per cent compared with the same period last year, to PLN 54.4 million. Whereas the operating profit was PLN 133.0 million, nearly 30 per cent more than in the first nine months of 2021.   A significant increase in the cost of financing and a...
The Ferrum tower of Gdańsk-based ALCHEMIA II, part of PHN Group’s portfolio, has got a new tenant. Chillispaces has signed a lease agreement with PHN for about 2,800 sq.m. of office space. Chillispaces is one of the longest-established Polish companies providing virtual offices, coworking spaces and serviced offices. It currently has 7 locations in 3 cities: Cracow, Bydgoszcz and Gdańsk. The company already leases space in another building of the ALCHEMIA complex. ALCHEMIA is located in the...
In the first half of 2022, PHN Group improved its financial performance thanks to the successfully implemented strategy of diversifying its operations and controlling own costs. Net profit in H1 2022 was PLN 47.8 million compared to PLN 33.2 million in the same period last year. Meanwhile, EBITDA rose by 86% to PLN 101.5 million.  The company improved its financial performance for the first six months of 2022 despite deteriorating market conditions – rising prices of construction materials,...
PHN traditionally joins in the commemoration of the anniversary of the outbreak of the Warsaw Uprising. Symbolic anchors of Fighting Poland will appear on the facades of the Warsaw properties owned by the PHN Group – on the tenement house at ul. Wierzbowa 9/11 and on the INTRACO skyscraper at ul. Stawki 2. Starting this Saturday, on July 30, for three consecutive evenings, the insurgent anchor will feature on the facade of the historical building located at ul. Wierzbowa 9/11. The symbolic...