Investment &amp; finance

POLAND Grupa Robyg intends to register the sales of 720 apartments in Warsaw and Gdańsk in its H1 results which should have been handed over by the end of the period with 320 of the sales falling in the first quarter.

HB Reavis raises EUR 52 mln from bond issue

Rafał Ostrowski
journalist

POLAND HB Reavis Group has raised PLN 220 mln (EUR 51.9 mln) from the issue of a new tranche of its PLN 500 mln (EUR 116 mln) Polish bond programme.

IBC sold to Mint Investments

Nathan North
managing editor (English section)

CZECH REPUBLIC Mint Investments has acquired the International Business Center (IBC) building in Prague’s Karlín business district from AEW Europe for an undisclosed sum.

EPP buys Inowrocław mall

Nathan North
managing editor (English section)

POLAND Echo Polska Properties (EPP) has completed the purchase of the Galeria Solna shopping centre in Inowrocław from ACE 1, an SPV company owned by Libra Project and Acteeum Group, for EUR 55.4 mln.

BIK in H1

14 July 2017

POLAND In H1 2017, Biuro Inwestycji Kapitałowych (BIK) signed nine lease contracts for a total of 14,800 sqm of warehouse, office and retail space.

Pomorska refinanced

POLAND Deutsche Pfandbriefbank has provided a EUR 64 mln loan to a fund managed by Resolution Real Estate Advisors to refinance the Galeria Pomorska shopping centre in Bydgoszcz as well as the construction of a 10,000 sqm extension.

NEPI Rockcastle is born

EUROPE On Wednesday, 12th July 2017, 538,953,857 ordinary shares of NEPI Rockcastle were listed and commenced trading on the Main Board of the JSE Limited at an introductory price of ZAR 175.60 per share, and on Euronext Amsterdam at an introductory price of EUR 11.33 per share.

Swedbank finances Lords Libeskind centre

LITHUANIA Swedbank has agreed with JSC Investmira, a subsidiary of Lords LB Special Fund I on long-term financing worth EUR 30 mln.

Decisions taken for 25 ha railway depot

POLAND Charrette-style urban planning workshops have been held to create a plan for the development of a 25 ha plot in Gniezno.

Loan for TXM

12 July 2017

POLAND TXM has been granted additional financing of PLN 31 mln as part of a credit line provided by ING Bank Śląski.

Archicom sells, Womak builds

11 July 2017

POLAND Archicom has sold a plot of around 2 ha on its Olimpia Port estate in Wrocław for the construction of the Olimpia Park shopping centre.

Nathan North
managing editor (English section)

Cresa to open Polish office

11 July 2017

POLAND Cresa, the world’s largest tenant-only real estate advisor, has today announced that it is continuing its international growth plans by opening an office in Warsaw in the autumn.

GTC buys land for City Rose Garden

11 July 2017

ROMANIA Globe Trade Center has purchased a 15,000 sqm plot in Bucharest for EUR 10.5 mln.

CTP financed by EBRD and BCR

ROMANIA The European Bank for Reconstruction and Development (EBRD) and Banca Comercială Română (BCR) are to finance the expansion of the CTPark Bucharest West logistics park, some 20 km from Bucharest with a loan worth EUR 75.8 mln of which the EBRD is to provide EUR 36.7 mln.

Spar portfolio sold to Erste Asset Management

HUNGARY TREI Real Estate, a subsidiary of the Tengelmann group, has sold a portfolio supermarkets mainly leased by Spar to Erste Asset Management. The total size of the deal was in excess of 39,500 sqm. The stores are located across the country.

Supersam refinanced

Tomasz Szpyt-Grzegórski

POLAND Bank Gospodarstwa Krajowego granted an investment loan to a subsidiary of Griffin Premium RE for Supersam in Katowice.

Soho up for grabs

Tomasz Szpyt-Grzegórski

POLAND Soho Development has announced that it has submitted information to potential investors regarding the possible sale of several key properties in its Soho Factory complex in Warsaw.

Echos of Q1

07 July 2017

POLAND Echo Polska Properties (EPP) has announced its financial results for Q1 2017.