PHN eyeing Polnord’s Warsaw office buildings

State majority-owned, Warsaw Stock Exchange (WSE)-listed real estate investor Polski Holding Nieruchomości (PHN) has recently signed a letter of intent with WSE-listed developer Polnord regarding the acquisition of two buildings of the Wilanów Office Park complex in Warsaw. Called Betheone and Befre...

Locked content PHN to buy two Wilanów office projects from Polnord

PHN has signed a letter of intent with Polnord and its subsidiaries to purchase the Bethone and Befree office schemes within the Wilanów Office Park in Wialnów. The buildings offer 17,580 sqm of GLA. PHN is one of Poland’s largest real estate investors, with portfolio comprising 140 assets worth PLN...

Locked content Polnord names Marcin Gomoła new CEO

Polnord named Marcin Gomoła as the new CEO as of December 1 within current term of office, i.e. 2017-2020. Polnord supervisory board also appointed Marcin Mosz to the company’s management board. Since 2008 Marcin Gomoła has been associated with the Warsaw Stock Exchange. He worked in Informati...

Locked content Polnord dismisses Dariusz Krawczyk as CEO

Dariusz Krawczyk was dismissed as Polnord’s Chief Executive Officer on Friday, the company declared in a statement. Marcin Mosz was chosen by the supervisory board as acting CEO for a period of up to three months. Piotr Woźniak was appointed to the management board also for no longer than thre...

Polnord with new residential project in Warsaw’s Wilanów

Warsaw Stock Exchange-listed developer Polnord has launched sales of apartments in its Wilania residential project located in the Wilanów district of the Polish capital. The scheme will comprise a total of 113 housing units in four buildings. Polnord is currently also selling homes in two other deve...

Locked content Polnord raises PLN 40 mln in private bond issue

Polnord issued 3-year unsecured bonds for a total nominal value of PLN 40 million. The interest will be paid every six months. The interest rate will be variable and equal to the WIBOR6M rate increased by the margin for each interest period. Polnord is a developer operating in several Polish cities....

Polnord buys land for new Warsaw project

Warsaw Stock Exchange-listed developer Polnord has signed preliminary agreements for the acquisition of two plots of land located near ul. Lazurowa in the Bemowo district of the Polish capital where it is planning a new residential project comprising approximately 16,800 sqm of usable space. The sch...

Polnord’s apartment sales soar in 2017

Warsaw Stock Exchange-listed developer Polnord sold 1,389 units last year, which marks a 36-percent increase upon the year 2016. The company’s sales revenues amounted to PLN 293.6 million, which represents a 66-percent increase y/y and is the best result since 2007. Polnord last year put up for sale...

Polnord buys land for new Warsaw project

Warsaw Stock Exchange-listed developer Polnord has acquired more than 12,500 sqm of land located near ul. Admiralska and ul. Czerwonych Beretów in the Rembertów district of the Polish capital. The company plans to build a residential project with approximately 10,000 sqm of usable space on the site....

Polnord to launch Studio Morena project in Gdańsk

A subsidiary of Warsaw Stock Exchange-listed developer Polnord will later this month launch construction work on its Studio Morena residential project in Gdańsk. The company has selected builder KB Dom, part of the Polnord capital group, as the general contractor of the scheme, which is scheduled to...