PHN to sell real estate worth PLN 100 mln

Polski Holding Nieruchomości (PHN) prepares to sell real estate from its portfolio worth PLN 100 million by the end of 2015, said Artur Lebiedziński, the CEO of the company. Around PLN 50 million may come from selling of the so-called "prestigious" real estate. "They generate of lot of interest. We will be able to sell half of the 18 prestigious premises we have put on sale," Lebiedziński said. The remaining part of the portfolio may be sold next year. The total value of PHN's real estate portfolio stands at PLN 622.4 million.