Investment & finance

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Investment & finance

Ostrava and Olomouc centres back in Czech hands

schedule 14 August 2017
Nathan North
managing editor

CZECH REPUBLIC Star Capital Investments has bought the OC Haná (in Olomouc) and Futurum Ostrava shopping centre for an undisclosed sum.

Rodamco buys back shares

schedule 14 August 2017

EUROPE Unibail-Rodamco is to implement a share buyback programme of up to EUR 750 mln.

Investment & finance

Proximo transaction funded by pbb

schedule 11 August 2017

POLAND pbb Deutsche Pfandbriefbank provided an investment facility of EUR 66 mln to the open-ended fund ČS nemovitostni fond managed by REICO investiční společnost České spořitelny.

Tower sells stake in Shopin Płock

schedule 11 August 2017

POLAND Tower Investments has sold 30 shares, representing a 30 pct stake, in its Shopin Płock subsidiary for PLN 4 mln to an unnamed investor.

Strong demand for hotels

schedule 11 August 2017

CEE REGION The volume of hotel transactions achieved in the first half of 2017 was more than EUR 700 mln with 34 transactions recorded in core CEE markets, according to data from Cushman & Wakefield.

CEE still booming

schedule 11 August 2017

CEE REGION Real estate investment into the Central & Eastern European region rose 17 pct y-o-y in the first half of 2017 to EUR5.4 bln, according to data from Colliers International.

Sonae Sierra sees 9 pct growth in H1 2017

schedule 10 August 2017
Alex Hayes
journalist

EUROPE Sonae Sierra recorded a net profit of EUR 64.2 mln in the first half of 2017, up 9 pct on the EUR 59.0 mln recorded in the same period last year.

Investment & finance

Proximo 1 sold for over EUR 116 mln

schedule 09 August 2017

POLAND Hines has sold the Proximo I office building from the portfolio of the Hines Russia & Poland Fund to ČS nemovitostní fond (CSNF), a fund managed by REICO, for EUR 116.6 mln.

Investment & finance

Arcona buys Szczecin office

schedule 09 August 2017
Eurobuild CEE

POLAND The Arcona Property Fund has finalised the purchase of Centrum Biurowe Maris from Bywater Properties for EUR 8.9 mln.

Murapol buys Katowice plot

schedule 08 August 2017

POLAND Murapol has finalised the purchase of an investment plot with an area of 0.9 ha on ul. Nasypowa in Katowice for PLN 5 mln net.

Lublin looking for investors

schedule 04 August 2017

POLAND The city of Lublin is looking for investors to develop two big plots in the city, and is planning the development of hotels retail and office space. One of the plots is in the district of Podzamcze, while the other is near the PKP railway station.

Good six months for Budimex

schedule 04 August 2017

POLAND The Budimex Group has announced its H1 results. The parent company’s net profit came to PLN 194.6 mln in H1, compared to PLN 146 last year.

Eften enters Lithuania

schedule 04 August 2017
Alex Hayes
journalist

LITHUANIA Eften Real Estate Fund II AS acquired a complex of almost 30,000 sqm gla comprising two class A buildings with warehouse and office premises, in the Kaunas Free Economic Zone from Genesta Nordic Baltic Real Estate Fund I.

Investment & finance

EUR 133 mln financing Deal for Business Park Sofia

schedule 04 August 2017
Alex Hayes
journalist

BULGARIA OTP Bank, its Bulgarian subsidiary DSK Bank and Postbank have granted a EUR 133 mln senior financing package to Business Park Sofia with Pricing set at 2.65 pct, plus the three-month Euribor, and a stated maturity of 2027.

Investment & finance

City Zen and Kalvin Square sold

schedule 04 August 2017
Alex Hayes
journalist

HUNGARY Europa Capital has concluded the sale of the Kalvin Portfolio, Budapest. The Kalvin Portfolio comprises two city centre office buildings in Budapest with a total floor area of 26,000 sqm.

Asbud plans two 30-storey towers

schedule 03 August 2017

POLAND Asbud Group has acquired land for the development of two residential towers at Rondo Daszyńskiego in Warsaw.

Mas ups the ante

schedule 03 August 2017

CEE REGION Mas Real Estate Investment has announced that it is to increase its capital commitment to its joint venture with Prime Kapital from EUR 200 mln to EUR 350 mln of preference share capital.

Cobblers come to Knjaževac

schedule 03 August 2017
Alex Hayes
journalist

SERBIA Italian shoe maker Progetti has bought a greenfield investment site in Knjaževac, representing the first new industrial development in the area for 30 years.

Investment & finance

Kingfisher gobbles up Praktiker

schedule 02 August 2017
Alex Hayes
journalist

ROMANIA British DIY retailer Kingisher, which owns the Brico Dépôt chain, is to buy its rival Praktiker in Romania for an undisclosed sum.

Factory to be sold for PLN 16 mln

schedule 02 August 2017

POLAND Projprzem of Bydgoszcz has signed a preliminary contract with to sell its factory in Sępólno Krajeńskie to Eggersmann Polska for EUR 3.75 mln.

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