PHN appoints Skysawa project contractor

Warsaw Stock Exchange-listed, state majority-owned real estate investor Polski Holding Nieruchomości (PHN) has selected a consortium formed by PORR, TKT Engineering and ELIN as the general contractor of its planned Skysawa (previously known as PHN Tower) office and retail project in the Polish capital. Construction work on the scheme will launch in the coming days with the value of the contract amounting to over PLN 325 million. Located on ul. Świętokrzyska in the downtown of the city, the Skysawa development will comprise approximately 40,000 sqm of space in a 155-meter skyscraper and an accompanying lower building. The latter structure is scheduled to be completed in the second quarter of 2021, while the tower is to be ready in Q2 2022. The investment is being commercialized by Colliers International.

(Warsaw Business Journal)