MŁODA BIAŁOŁĘKA (2nd stage)

[1]

Warszawa

Geodezyjna

Basic information

Commencement:

2024

Completion:

2025

Area:

10,685

Project costs:

96 mln PLN

Main advantages:

• Cozy buildings up to 5 storeys
• Very large balconies and apartments’ heights up to 2.94 m
• Common areas with a playground and rich greenery
• Easy access to S8 expressway which joins two parts of the city

Description:

PHN’s new investment provides a total of 181 apartments. Warsaw-based company ALFA-BET Polska should complete the works until mid-2025. The planned investment is located at Geodezyjna Street, between Trasa Toruńska and Głębocka Street in Warsaw’s Białołęka district. The project represents the second phase of the Młoda Białołęka residential estate. Phase one was completed in 2022. Ultimately, the estate, which is being developed in three stages, will comprise around 500 apartments.

For more details, please visit the investment project's website: mlodabialoleka.pl/ [2]

Status of work:

Construction works for the project are underway. The completion of construction is scheduled for the third quarter of 2025.

*All forward-looking statements relating to the projects of Polski Holding Nieruchomości S.A. (the “Company”) and its capital group (the “Group”) regard matters that involve known and unknown risks, uncertainties and other factors which could cause the Group’s actual results, financial condition, results of operations or developments to differ materially from those indicated. The Company and its respective agents, employees or advisors expressly disclaim any liability for the use or dissemination of the information contained on this website.