POLAND The Q Hotel chain has signed a contract with the Pekao bank for an investment loan, which is to be used by the company for its next project as well as to meet its current debt obligations.
CEE REGION Czech real estate investor CPI Property Group has issued EUR 600 mln of seven-year notes on the Irish Stock Exchange.
LITHUANIA The city of Vilnius, being the first local authority in Lithuania to publicly auction its real estate online, sold unused property for EUR 2.5 mln over the first six months of the year.
ROMANIA CTP has purchased Chitila Logistic Park for EUR 17.3 mln from UBM Development.
SLOVAKIA Deutsche Pfandbriefbank has granted a EUR 22 mln medium-term credit facility to CBRE Property Fund Central and Eastern Europe to refinance the Europa Shopping Center in Banská Bystrica.
ROMANIA Atenor is to purchase an 11,600 sqm site located in Bucharest and plans to develop a 44,000 sqm office project.
POLAND Romanian investor Globalworth Asset Managers has signed a conditional investment agreement to buy a majority stake in Griffin Premium RE of between 50.01 pct and 67.9 pct.
EUROPE The output volume of Strabag rose up by 10 pct in the first half of 2017. The company has an order pipeline at a record level of EUR 16.5 bln – and it is 7 pct more than in the same period of last year. Strabag has also confirmed its outlook for 2017 – it is aiming for higher output volume, while its EBIT margin has been targeted at over 3 pct.
LITHUANIA Icor has sold the Pentagon office building in Vilnius and the grounds around it to the Finnish company Technopolis for app. EUR 32 mln.
HUNGARY Savills has re-entered the Hungarian market by forming a partnership with property advisor Eston International.
SLOVAKIA Pbb Deutsche Pfandbriefbank has provided a EUR 22 mln medium term loan to CBRE Property Fund Central and Eastern Europe (CBRE PFCEE) to refinance the Europa SC mall in Banská Bystrica.
CZECH REPUBLIC Unibail-Rodamco is aiming to acquire a stake in the Metropole Zličín shopping centre in Prague 5.
POLAND Eurocash has signed a preliminary purchase agreement for a 100 pct stake in Demelius Limited, which owns the more than 180-store Mila supermarket chain.
POLAND J.P. Morgan, the bank with the highest market capitalisation in the world, is to open an office in the centre of Warsaw. It will employ 3,000 people over the next few years.
RUSSIA In the first three quarters of the year, Russia’s real estate investment declined by 13 pct compared to the same period of the previous year, reaching USD 2.7 bln, JLL reports.
POLAND Kwasa Europe is planning to buy two buildings, C and D, of the Gdański Business Center office complex in Warsaw from HB Reavis.
POLAND Ghelamco has completed a transaction for the sale of building B of the Warsaw Spire office complex.
POLAND The Polish equivalent of REITs [SRWNs] will not be introduced right at the beginning of 2018 as planned – and will also not include commercial real estate.
SLOVAKIA Prologis Park Galanta-Gáň has been sold to state-owned Chinese entity CNIC Corporation for an undisclosed sum.
POLAND Mutual fund ČS nemovitostní fond managed by REICO Českéspořitelny has purchased the Galeria Sloneczna shopping centre in Radom.
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