Investment & finance

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Investment & finance

Redevco buys City Palais

schedule 29 December 2017
Eurobuild CEE

CZECH REPUBLIC Investment manager Redevco has bought the City Palais building on 28. října street in the centre of Prague for EUR 40 mln, on behalf of one of its investor clients, whose name was not disclosed.

Investment & finance

Skanska sells two buildings to Niam

schedule 28 December 2017
Eurobuild CEE

POLAND Skanska has sold the first two buildings of the High5ive office complex in Kraków to the real estate fund manager Niam for EUR 75 mln.

Investment & finance

Ghelamco sells Przystanek mBank

schedule 27 December 2017
Rafał Ostrowski
journalist

POLAND Developer Ghelamco has finalised the sale of Przystanek mBank in Łódź’s New Center to LCN Capital Partners for app. EUR 60 mln.

Ghelamco issues bonds

schedule 27 December 2017
Eurobuild CEE

POLAND Ghelamco Invest has issued 70,000 new bonds with a total value of PLN 70 mln.

Investment & finance

Napollo buys Piotr i Paweł centre in Poznań

schedule 27 December 2017
Eurobuild CEE

POLAND Investor and developer Napollo has finalised the purchase of a local shopping centre on ul. Promienista 160 in Poznań’s Grunwald district from the Piotr i Paweł retail chain, which is also the anchor tenant of the centre.

Toyota invests more millions in Poland

schedule 14 December 2017
Eurobuild CEE

POLAND The automotive concern is planning to launch the production of a 1.5-litre engine for hybrid drives in Jelcz-Laskowice.

Prague and Budapest more attractive than Warsaw

schedule 14 December 2017
Rafał Ostrowski
journalist

POLAND Warsaw came 23rd in the latest Emerging Trends in Real Estate Europe 2018 investment attractiveness ranking, which was developed by the PwC consulting company and the Urban Land Institute (ULI).

Ambitious plans of Tower Investments

schedule 01 December 2017
Eurobuild CEE

POLAND Tower Investments, a developer of retail space has published its prospectus which includes the company’s plans until 2022.

Investment & finance

Immofinanz escapes from Russia

schedule 20 December 2017
Nathan North
managing editor (English section)

RUSSIA Immofinanz has finalised the sale of its Moscow retail portfolio to Russian shopping centre operator Fort Group.

Investment & finance

Nowy Rynek first phase sold for EUR 73 mln

schedule 20 December 2017
Nathan North
managing editor (English section)

POLAND Skanska has sold the first phase of its Nowy Rynek mixed-use development in Poznań to an undisclosed buyer for EUR 73 mln.

Investment & finance

PHN puts Doraco in its sights

schedule 20 December 2017
Tomasz Szpyt-Grzegórski

POLAND Polski Holding Nieruchomości (PHN) is planning to acquire general contractor services company Korporacja Budowlana Doraco.

Investment & finance

Three Rank Progress projects on their way

schedule 18 December 2017
Aneta Cichla

POLAND Rank Progress aims to start the construction of retail projects in Olsztyn, Terespol and Warsaw.

Investment & finance

EUR 200 mln for GTC

schedule 15 December 2017
Rafał Ostrowski
journalist

POLAND GTC has been granted a loan facility of up to EUR 200 mln from Bank Pekao for the refinancing of the Galeria Północna shopping centre in Warsaw’s Białołęka district.

Investment & finance

Green light for Pimco consortium portfolio purchase

schedule 15 December 2017
Eurobuild CEE

POLAND The European Commission has agreed to the purchase of 28 retail assets owned by Apollo-Rida, Area Property Partners and Axa Group.

Investment & finance

Cordia and Fundamental to build Zielone Bemowo

schedule 14 December 2017
Eurobuild CEE

POLAND Developer Cordia Polska has appointed Fundamental Group as the general contractor for the construction of the Zielone Bemowo estate on ul. Lazurowa in Warsaw.

Orbis cleans slate

schedule 14 December 2017

CEE REGION Orbis has reported the early repayment of a loan for the purchase of 46 hotels with the final payment being in excess of PLN 105.8 mln.

Investment & finance

GTC refinances Green Heart

schedule 13 December 2017
Eurobuild CEE

SERBIA GTC has obtained a EUR 60 mln loan from Raiffeisen Bank International for the refinancing of Green Heart office complex on Milutina Milankovića boulevard in Belgrade.

Investment & finance

TK Development retreats from Poland

schedule 13 December 2017
Nathan North
managing editor (English section)

POLAND/EUROPE TK Development has announced that it intends to sell off all its Polish assets and switch its strategic focus onto its Danish and Swedish property business.

Division of Marvipol gets closer

schedule 09 November 2017
Eurobuild CEE

POLAND The Financial Supervision Authority has approved the prospectus of Marvipol Development SA, which is to acquire the development part following the division of the Marvipol Group.

Investment & finance

Soho partly sold

schedule 12 December 2017
Anna Pakulniewicz

POLAND Soho Development has finalized the sale of the Soho Factory property at ul. Mińska 25 in Warsaw to Yareal Polska for PLN 150 mln.

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