PHN to build retail scheme in Łódź
13:16
Real estate group Polski Holding Nieruchomości (PHN) has announced the signing of a construction and leasing contract with an unnamed large Polish retail network.
The developer will build a built-to-suit retail scheme for the network. The leasing agreement will be in force for at ten years from when the construction process in complete.
PHN has recently announced planned changes in its strategy, which will include residential development. The company also said it has 13 properties for sale.