Investment & finance

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Globalworth borrows from Globalworth

schedule 30 April 2018
Eurobuild CEE

POLAND Globalworth Poland (which was previously known as Griffin Premium Real Estate before being taken over by a Romanian investor) has borrowed EUR 400 mln from. Globalworth Finance Guernsey, which is a company from the same group.

EIB finances Balkan motorways

schedule 30 April 2018
Alex Hayes
journalist

BOSNIA AND HERZEGOVINA The European Investment Bank has signed two loans worth EUR 150 mln for the construction of two sections of the Corridor VC pan-European road link, connecting Budapest and Eastern Croatia to the Adriatic coast through Bosnia and Herzegovina.

Investment & finance

Warsaw Spire half sold

schedule 27 April 2018
Rafał Ostrowski
journalist

POLAND New York-based investor Madison International Realty has bought a 50 pct stake in the Warsaw Spire office building in Warsaw on behalf of its Madison International Real Estate Liquidity Fund VI, which has now become the equaljoint owner alongside the Ghelamco GP12 fund.

Investment & finance

Atrium sells Militari

schedule 27 April 2018
Alex Hayes
journalist

ROMANIA Atrium European Real Estate has sold the Atrium Militari shopping centre in Bucharest to South African investor MAS Real Estate for EUR 95 mln.

Investment & finance

GTC snaps up mall of Sofia

schedule 26 April 2018
Alex Hayes
journalist

BULGARIA GTC has purchased the Mall of Sofia in the centre of the city for EUR 90 mln.

Investment & finance

Echo looks to borrow more

schedule 26 April 2018
Eurobuild CEE

POLAND Echo Investment is launching its third bond issue for private investors.

Investment & finance

CCC buys... CCC

schedule 24 April 2018
Aneta Cichla

POLAND CCC will acquire 41 CCC franchised stores in Poland from Adler ZCP for PLN 68.5 mln.

Investment & finance

Warimpex to buy B52

schedule 24 April 2018
Rafał Ostrowski
journalist

HUNGARY Warimpex has agreed to purchase the B52 office building on the Pest side of the river in Budapest for an undisclosed sum.

Investment & finance

Vinton snaps up Prague office

schedule 23 April 2018
Alex Hayes
journalist

CZECH REPUBLIC A 9,000 sqm office building on Roztylská street in Prague was aquired by Vinton Development for CZK 240 mln (app EUR 9.4 mln) from PSN.

Investment & finance

EIB to help modernise Warsaw University Hospital

schedule 23 April 2018

POLAND The European Investment Bank (EIB) will finance the construction of a PLN 100 mln Medical Simulation Centre for the Medical University of Warsaw (WUM) as well as the modernisation of the university buildings on ul. Litewska and ul. Banacha.

Maxima buys Stokrotka

schedule 23 April 2018
Aneta Cichla

POLAND Maxima Grupė has acquired a stake of over 93 pct in Emperia Holding, which owns Stokrotka supermarket chain.

Investment & finance

Investors full of optimism

schedule 23 April 2018
Eurobuild CEE

EUROPE Investors are looking at 2018 with even more optimism than they had for last year.

S4 now under Benefit

schedule 20 April 2018
Eurobuild CEE

POLAND A subsidiary of Benefit Systems has bought 14 S4 fitness clubs, mainly located in Warsaw.

Investment & finance

CA Immo jilted

schedule 19 April 2018
Alex Hayes
journalist

EUROPE Immofinanz has invited bids for its 26 pct stake (25,690,163 bearer shares) in CA Immo, a move which appears to signal that the once mooted merger between the two companies has definitively been cancelled.

Investment & finance

Penta looks to Poland

schedule 18 April 2018
Nathan North
managing editor (English section)

CEE REGION The overall value of Slovakian real estate group Penta Investments grew to EUR 9 bln last year – up from EUR 8.5 bln at the end of the previous year.

Investment & finance

CPI buys HopStop retail parks

schedule 18 April 2018
Rafał Ostrowski
journalist

POLAND CPI Property Group has bought a portfolio of five HopStop retail parks from Polish developer Katharsis Development.

Investment & finance

Immofinanz sizes up different bride

schedule 18 April 2018
Alex Hayes
journalist

EUROPE Immofinanz has purchased a 29.14 pct stake (19,499,437 bearer shares) in S Immo from RPR Group (app. 14.6 mln shares) and Signa Group (around 4.9 mln shares).

Investment & finance

Zeitgeist comes to Budapest

schedule 18 April 2018
Alex Hayes
journalist

HUNGARY Zeitgeist Asset Management has purchased a historic building in the centre of Budapest on behalf of a German pension fund administered by Institutional Investment Partners.

Pbb provides EUR 74 mln loan to Newbridge

schedule 18 April 2018
Rafał Ostrowski
journalist

POLAND Pbb Deutsche Pfandbriefbank has provided an investment facility of EUR 74 mln to companies owned by Newbridge for the acquisition of three shopping centres in Poland.

One competitor less for Yit

schedule 17 April 2018
Anna Pakulniewicz

EUROPE Yit has taken over Finnish-based rival Lemminkäinen Corporation, a company active on the Russian market.

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