Polski Holding Nieruchomości has confirmed that the VENA office building in Warsaw complies with the requirements of the European Union Taxonomy for the activity “Acquisition and ownership of buildings.” This marks another step in the consistent implementation of PHN Group’s sustainable development strategy and reaffirms the high quality of the assets in its portfolio.

Achieving compliance with the EU Taxonomy strengthens the VENA building’s competitiveness and enhances its appeal to tenants and financial institutions, for whom compliance with European sustainability standards is an increasingly important factor in asset evaluation. The analysis conducted confirmed that the property complies with the requirements of the EU Taxonomy for the activity “Acquisition and ownership of buildings” in terms of a significant contribution being made to the environmental objective of climate change mitigation, as well as compliance with the “Do No Significant Harm” (DNSH) principle.

“We are consistently expanding our portfolio of properties that meet the highest environmental and regulatory standards. Confirmation that the VENA building complies with the EU Taxonomy comes as yet another step in the implementation of our ESG strategy and as proof that the PHN Group’s investments meet the growing expectations of the market, tenants, and financial institutions. It is also an important part of building long-term value in our real estate portfolio," said Jacek Krawczykowski, Vice President of the Management Board for Investments at Polski Holding Nieruchomości S.A.

One of the elements of the evaluation was a review of the building’s energy performance—the primary energy demand (EP) index is 105.40 kWh/(sqm·year), which confirms that the building meets the criterion for being included among the top 15% of the most energy-efficient reference buildings. The facility is equipped with highly efficient cooling systems, building automation, and an energy monitoring system that supports effective energy consumption management.

The building’s design also maximised exposure to natural light, incorporated glazing with an appropriate solar energy transmittance coefficient, implemented measures to reduce water consumption, and ensured a range of solutions to enhance the building’s resilience to identified climate risks. As part of the assessment, 27 physical climate hazards were analysed, demonstrating that the design and technical solutions implemented ensure an adequate level of resilience for the facility under both current and projected climate conditions. The building was designed and constructed in accordance with the requirements of the BREEAM certification system and the standards of the “Barrier-Free Facility” programme, which aims to improve accessibility for people with disabilities.

The VENA building is the second property in the PHN Group’s portfolio—after the SKYSAWA complex—to have its compliance with the EU Taxonomy confirmed. For tenants, this means the opportunity to use office space that meets high environmental standards.

The European Union Taxonomy is a standard verified as part of sustainability reporting under the Corporate Sustainability Reporting Directive (CSRD) and is one of the indicators reported by financial institutions. The market share of buildings that comply with the requirements of the EU Taxonomy is steadily increasing; however, only a small percentage of properties currently meet the criteria of the European Commission’s standard.

Assessment of compliance with the EU Taxonomy is part of PHN’s efforts to improve the environmental performance of its assets and to support the real estate market’s transition towards sustainable development. The Group is gradually implementing solutions that reduce the environmental impact of its properties while increasing their appeal to tenants and investors.

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About the VENA Building

VENA is a modern Class A office building located at 83, Al. Prymasa Tysiąclecia in Warsaw. The development was built on a revitalised brownfield site. The building incorporates solutions that enhance energy efficiency, infrastructure that supports sustainable mobility, and features that improve user comfort and accessibility. The architectural design takes into account the historical context of the site by referencing the Stanisławów Axis—one of Warsaw’s most important urban planning concepts.

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About the PHN Group

Polski Holding Nieruchomości S.A. is one of the largest groups in the Polish commercial property sector in terms of the market value of its portfolio. PHN Group has a diversified business profile – it is primarily active in the office, residential and logistics markets. PHN Group’s portfolio comprises more than 150 standalone properties with a market value of approx. PLN 3.5B. PHN Group provides comprehensive rental and management services – it currently manages more than 480,000 sqm of leasable space. PHN Group owns about 270 hectares of land earmarked for projects in various market segments. PHN Group is also active in the construction sector – by providing general contracting, subcontracting and design services, as well as in the development sector as an investor – by carrying out projects related to the construction and sale of residential units and the construction of commercial buildings. PHN Group’s main market is Poland. PHN’s activities in the rental segment are concentrated primarily in Warsaw and the largest regional cities, including the Tri-City, Poznań, Kraków, Katowice, Łódź and Wrocław. Since 13 February 2013, PHN’s shares have been listed on the Warsaw Stock Exchange.