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Investment & finance

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Bill to form KZN enters Sejm

schedule 27 July 2017

POLAND A governmental bill on the establishment of the National Property Holding, (Krajowy Zasób Nieruchomości), which is to manage government real estate and is to support the Apartment Plus programme, has been introduced to the Sejm.

SPDI walks away from land and bank loan

schedule 26 July 2017
Alex Hayes
journalist

ROMANIA Secure Property Development and Investment (SPDI) has disposed of Delia Lebada, a 4 ha plot in east Bucharest on the shore of Pantelimon Lake.

Billion for pet food factory

schedule 25 July 2017

POLAND Nestlé Polska has completed the fourth stage of its Purina PetCare factory in Nowa Wieś Wrocławska.

Investment & finance

Mint and Tristan buy Prague office complex

schedule 25 July 2017
Nathan North
deputy editor

CZECH REPUBLIC Opportunistic fund EPISO 4, advised by Tristan Capital Partners, partnered with local investor Mint Investments, has acquired the Avenir Business Park office complex in Nové Butovice (Prague 5) from debt restructuring firm Lone Star for an undisclosed sum.

Investment & finance

Financing for Ada

schedule 24 July 2017

SERBIA GTC has signed a binding term sheet with Banca Intesa Beograd, VUB and PBZ for EUR 64 mln in financing of for Mall in Belgrade. Ada Mall will offer 34,400 sqm of retail space.

Investment & finance

Hystead buys mall in Sofia

schedule 24 July 2017
Rafał Ostrowski
journalist

BULGARIA UK-based Hystead, acting through its subsidiary Balkan Retail, has purchased The Mall shopping centre in Sofia for EUR 156 mln, through the purchase of all the shares of AP Retail I EOOD , the company that owns the building.

Investment & finance

Carrefour Mall to be auctioned

schedule 21 July 2017
Alex Hayes
journalist

BULGARIA The Carrefour City Mall in Stara Zagora, which was developed by Евробилд [Eurobuild] is up for sale due to bankruptcy proceedings.

SEB finances Colonna purchase

schedule 21 July 2017

LATVIA SEB Latvia has issued a long-term loan of EUR 3.6 mln to Estonian based investment company Colonna for the purchase of an office building at 10 Stabu street, Riga.

Finns look to Białołęka

schedule 21 July 2017

POLAND Finnish developer YIT Development has concluded a preliminary purchase contract for two plots in Warsaw’s Białołeka district.

Investment & finance

Warburg buys Sagittarius

schedule 20 July 2017
Rafał Ostrowski
journalist

POLAND German-based real estate investment manager Warburg-HIH Invest Real Estate has signed a preliminary purchase agreement to buy the Sagittarius Business House office project in Wrocław.

Investment & finance

EIB finances university upgrade

schedule 20 July 2017
Alex Hayes
journalist

LATVIA The European Investment Bank (EIB) has provided a loan of up to EUR 30 mln to the University of Latvia in Riga's Torņakalns district for the further development of its new Academic Centre campus.

GTC buys office building in Bucharest

schedule 20 July 2017

ROMANIA Globe Trade Center (GTC) purchased the Cascade Office Building in Bucharest from Adval Properties for EUR 9 mln.

Wedding bells for NEPI (and) Rockcastle

schedule 19 July 2017

CEE REGION The merger of New Europe Property Investments and Rockcastle Global Real Estate Company has been concluded with effect from 11th July 2017.

Strong margins for Atal

schedule 18 July 2017
Eurobuild CEE

POLAND Atal sold 1,364 apartments in H1 2017, up by almost 16 pct y-o-y. In H1 the company handed over 1,080 apartments (according to preliminary figures), 44 pct more y-o-y.

No reason to complain for Murapol

schedule 18 July 2017

POLAND Murapol Group signed sales contracts for 1,609 apartments in H1 2017, up 24 pct y-o-y. In Q2 the developer signed 795 contracts (compared to 593 in Q2 2016).

Dom Development sees rising demand

schedule 18 July 2017

POLAND Dom Development has released its initial sales figures for Q2 2017 with a record-breaking 850 apartments net having been sold, 21 pct up y-o-y.

CA Immo with EUR 700 mln loans

schedule 18 July 2017
Rafał Ostrowski
journalist

EUROPE In the first six months of 2017, CA Immobilien Anlagen extended, refinanced and was granted loans worth around EUR 700 mln in total.

Robyg gives foretaste of results

schedule 17 July 2017

POLAND Grupa Robyg intends to register the sales of 720 apartments in Warsaw and Gdańsk in its H1 results which should have been handed over by the end of the period with 320 of the sales falling in the first quarter.

HB Reavis raises EUR 52 mln from bond issue

schedule 17 July 2017
Rafał Ostrowski
journalist

POLAND HB Reavis Group has raised PLN 220 mln (EUR 51.9 mln) from the issue of a new tranche of its PLN 500 mln (EUR 116 mln) Polish bond programme.

Investment & finance

IBC sold to Mint Investments

schedule 17 July 2017
Nathan North
deputy editor

CZECH REPUBLIC Mint Investments has acquired the International Business Center (IBC) building in Prague’s Karlín business district from AEW Europe for an undisclosed sum.

Edition 11 (293) November 2024

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