Investment & finance

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Pekao finances Q Hotel

schedule 05 October 2017

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.

Investment & finance

CPI in the money

schedule 05 October 2017
Nathan North
managing editor (English section)

CEE REGION Czech real estate investor CPI Property Group has issued EUR 600 mln of seven-year notes on the Irish Stock Exchange.

Vilnius sells online

schedule 05 October 2017
Anna Pakulniewicz

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.

Investment & finance

CTP buys Chitila

schedule 05 October 2017
Alex Hayes
journalist

ROMANIA CTP has purchased Chitila Logistic Park for EUR 17.3 mln from UBM Development.

Europa refinanced

schedule 05 October 2017

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.

Atenor buys in Bucharest

schedule 05 October 2017
Alex Hayes
journalist

ROMANIA Atenor is to purchase an 11,600 sqm site located in Bucharest and plans to develop a 44,000 sqm office project.

Investment & finance

Globalworth takes over Griffin Premium RE

schedule 04 October 2017
Alex Hayes
journalist

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.

Record-breaking orders for Strabag

schedule 03 October 2017
Anna Pakulniewicz

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.

Investment & finance

Pentagon sold

schedule 01 May 2017
Anna Pakulniewicz

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.

Investment & finance

Savills returns to Hungary

schedule 02 October 2017
Nathan North
managing editor (English section)

HUNGARY Savills has re-entered the Hungarian market by forming a partnership with property advisor Eston International.

Investment & finance

Pbb refinances Banská Bystrica mall

schedule 29 September 2017
Nathan North
managing editor (English section)

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.

Investment & finance

Unibail-Rodamco to buy into Prague mall

schedule 29 September 2017
Tomasz Szpyt-Grzegórski

CZECH REPUBLIC Unibail-Rodamco is aiming to acquire a stake in the Metropole Zličín shopping centre in Prague 5.

Investment & finance

Eurocash adds Mila to its basket

schedule 29 September 2017
Tomasz Szpyt-Grzegórski

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.

Investment & finance

J.P. Morgan announces Polish entry

schedule 28 September 2017
Rafał Ostrowski
journalist

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.

Slower three months for Russian investment

schedule 28 September 2017
Eurobuild CEE

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.

Investment & finance

Malaysians eye second part of Gdański

schedule 28 September 2017
Aneta Cichla

POLAND Kwasa Europe is planning to buy two buildings, C and D, of the Gdański Business Center office complex in Warsaw from HB Reavis.

Investment & finance

Warsaw Spire partly sold

schedule 28 September 2017
Anna Pakulniewicz

POLAND Ghelamco has completed a transaction for the sale of building B of the Warsaw Spire office complex.

Investment & finance

Shock change to Polish REITs

schedule 27 September 2017
Tomasz Szpyt-Grzegórski

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.

Investment & finance

“Largest CEE logistics asset” sold to Chinese

schedule 27 September 2017
Nathan North
managing editor (English section)

SLOVAKIA Prologis Park Galanta-Gáň has been sold to state-owned Chinese entity CNIC Corporation for an undisclosed sum.

Investment & finance

Galeria Słoneczna sold

schedule 27 September 2017
Alex Hayes
journalist

POLAND Mutual fund ČS nemovitostní fond managed by REICO Českéspořitelny has purchased the Galeria Sloneczna shopping centre in Radom.

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Edition 9 (301) September 2025

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