Investment & finance

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Investment & finance

SachsenFonds changes name

schedule 28 August 2017
Anna Pakulniewicz

EUROPE German real estate fund manager SachsenFonds is changing its name to Euramco. Its Czech subsidiary has been renamed Euramco Asset Czech.

Eurocash lookingto buy Mila supermarkets

schedule 25 August 2017

POLAND Eurocash has signed a letter of intent to purchase of Demelius which owns 180 Mila supermarkets across Poland.

Investment & finance

Pro Kapital divests two hotels

schedule 25 August 2017

ESTONIA/LATVIA Pro Kapital Grupp has concluded the sale of the PK Ilmarine in Tallinn and PK Riga hotels.

NEPI Rockcastle results and plans after H1

schedule 25 August 2017
Alex Hayes
journalist

CEE REGION NEPI Rockcastle has announced the joint results of NEPI and Rockcastle for H1 2017.

Investment & finance

Lords buys GO9

schedule 25 August 2017
Alex Hayes
journalist

LITHUANIA Lords LB Baltic Fund IV managed by Lords LB Asset Management has purchased the GO9 shopping centre with 12,000 sqm gla on Gedimino Avenue in the Old Town of Vilnius.

Investment & finance

Malaysian giant sets sights on Katowicka

schedule 23 August 2017
Tomasz Szpyt-Grzegórski

POLAND Kwasa Europe, which is owned by Malaysian pension fund Employees Provident Fund of Malaysia (EPF), is planning to acquire the Galeria Katowicka shopping centre.

Best post-crisis year expected in Romania

schedule 22 August 2017
Rafał Ostrowski
journalist

ROMANIA With transactions totaling around EUR 400 mln, the investment market performed very strongly in the first half of the year, according to Colliers International.

Financing for Asko flats

schedule 22 August 2017
Eurobuild CEE

POLAND The Asko group has secured financing for its Nowa Piastowska residential project in Białystok.

GTC with higher value

schedule 22 August 2017
Eurobuild CEE

EUROPE GTC’s net profit in H1 2017 incresed to EUR 60 mln from EUR 35 mln in H1 2016, which was mostly due to revaluations.

Investment & finance

Wars Sawa with EUR 63 mln loan

schedule 18 August 2017
Eurobuild CEE

POLAND pbb has granted a EUR 63 mln medium term credit facility to CBRE Property Fund Central and Eastern Europe (CBRE PFCEE) to refinance the Wars Sawa Junior retail centre in Warsaw.

Investment & finance

BGK grants loan for K3

schedule 17 August 2017
Tomasz Szpyt-Grzegórski

POLAND Bank Gospodarstwa Krajowego (BGK) has granted CDI 2 (part of the Immobile group) a PLN 31.38 mln construction and investment loan to finance the Immobile K3 office development in Bydgoszcz.

Marvipol raises PLN 80 mln

schedule 17 August 2017

POLAND Marvipol has raised over PLN 80 mln through the issue of unsecured T-series bonds.

PLN 1.5 bln transportation investment announced

schedule 16 August 2017

POLAND Ten large infrastructure in eight Polish towns and cities are planned with construction costs in excess of PLN 1.57 bln, including almost PLN 860 mln from the EU-financed Infrastructure and Environment Programme.

Plaza Centers sells two plots

schedule 16 August 2017

ROMANIA Plaza Centers has sold 32,000 sqm in Timișoara for EUR 7.25 mln.

Archicom acquires Mlocum

schedule 16 August 2017

POLAND Wrocław-based residential developer Archicom signed a contract with Mbank to purchase a 51 pct stake in Mlocum of Łódź comprising 14,120,880 shares for over PLN 55.86 mln.

PHN sells shares to Segro

schedule 16 August 2017

POLAND Warszawski Holding Nieruchomości (WHN), a subsidiary of Polski Holding Nieruchomości (PHN) has sold all its 50 pct stake (356,000 shares) in Wrocław Industrial Park, to Segro, which as a result of the transaction has become the sole owner of Segro Industrial Park Wrocław.

Investment & finance

Ostrava and Olomouc centres back in Czech hands

schedule 14 August 2017
Nathan North
managing editor (English section)

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.

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