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 to support the Police housing policy. As part of the agreement, plans include analyses of selected properties from the PHN portfolio, the development of concepts for their residential use, as well as the preparation of move-in ready spaces.

As part of the cooperation, the parties also plan to establish rules for the allocation and settlement of the residential units, as well as to define further actions aimed at leasing them for the needs of the Capital Police Headquarters.

“For us, the signed letter of intent is a starting point for genuine cooperation with the Capital Police Headquarters. This is a good initiative that, on the one hand, addresses important social needs and, on the other hand, allows us to make effective use of the potential of our properties. We are open to further analysis and specific actions that will allow us to pursue shared, long-term objectives - aligned both with the expectations of the Police and our strategy," said Wieslaw Malicki, President of the Management Board of Polski Holding Nieruchomości S.A.

The signing of the letter of intent is in line with the objectives of PHN Group’s new strategy for 2025–2030, titled “New Start”. The strategy includes, among other things, greater commitment to the development and optimal use of housing stock, as well as effective management of the entire real estate portfolio.

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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 500,000 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. PHN has been listed on the Warsaw Stock Exchange since 13 February 2013.