Investment & finance

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Warimpex posts profit and completes Airportcity

schedule 30 May 2017

EUROPE Warimpex has announced that it made a profit in Q1 this year of EUR 4.7 mln, which compares to a loss of EUR 0.5 mln in the preious year.

Investment & finance

W.P.Carey continues DIY investment

schedule 30 May 2017
Alex Hayes
journalist

LITHUANIA/ESTONIA/LATVIA CPA:17 – Global, a REIT managed by W. P. Carey, has bought a EUR 127 mln majority stake in real estate investment vehicle Baltic Retail Properties.

Investment & finance

Blackstone prepares to sell Logicor

schedule 30 May 2017
Alex Hayes
journalist

EUROPE Blackstone is in negotiations with China Investment Corporation for the sale of its warehouse platform Logicor, reportedly for more than EUR 12 bln.

Court approval of Immoeast settlement

schedule 26 May 2017

EUROPE The commercial court in Vienna has approved the settlement to end the legal review of the exchange ratio applied in the merger of Immoeast and Immofinanz in 2010.

Warsaw and Gdansk for Robyg

schedule 25 May 2017
Eurobuild CEE

POLAND Robyg has recorded a revenue of PLN 69.5 mln for Q1 this year while its net profit attributable to the shareholders of the parent company came to PLN 2.5 mln.

Dom closes in on Euro Styl

schedule 24 May 2017

POLAND Dom Development is planning to acquire the Euro Styl capital group for PLN 260 mln.

Victoria Dom issues PLN 10 mln in bonds

schedule 22 May 2017
Eurobuild CEE

POLAND Victoria Dom is to issue corporate bonds worth PLN 10 mln.

Financing for Gdańsk developer

schedule 22 May 2017
Eurobuild CEE

POLAND Developer Towarzystwo Inwestycyjne Investing has raised PLN 9 mln in a bond issue organised by Upper Finance.

FX rates hit MLP

schedule 22 May 2017
Rafał Ostrowski
journalist

POLAND In the first quarter of the year MLP generated revenues of PLN 23.2 mln, up 1 pct from last year. Its operating result (EBIT) was PLN 11.6 mln.

Revetas closes Fund II

schedule 19 May 2017
Nathan North
managing editor (English section)

CEE REGION Revetas Capital Advisors has announced the first close of its Revetas Capital Fund II (Fund II) for the CEE region with aggregate commitments of EUR 63 mln.

Atal margins better than good

schedule 19 May 2017
Tomasz Cudowski
editor-in-chief

POLAND In Q1 residential developer Atal generated consolidated revenue of PLN 198.8 mln, an increase of 68.5 pct on the same period last year.

Awbud under control

schedule 19 May 2017

POLAND Abadon Real Estate now controls a 50.49 pct stake both directly and indirectly in Awbud.

Inpro continues to grow

schedule 18 May 2017
Eurobuild CEE

POLAND In Q1 2017 residential developer Inpro generated consolidated sales revenue of PLN 44.5 mln – 7 pct higher than for the same period the previous year.

Valamar Riviera to open two Rabac hotels

schedule 16 May 2017
Alex Hayes
journalist

CROATIA Valamar Riviera is currently constructing two resorts as part of an investment worth HRK 870 mln (app. EUR 117 mln) in the town of Rabac: the four-star Family Life Bellevue Resort and the four/five-star Valamar Girandella Resort.

Emperia looks for investor

schedule 15 May 2017
Eurobuild CEE

POLAND Emperia Holding, the owner of the Stokrotka convenience store chain is looking for an investor.

Investment & finance

Spectra on Radzymińska

schedule 15 May 2017

POLAND A Spectra Development subsidiary has purchased the perpetual usufruct to the site of a former vegetable oil refining plant in Warsaw’s Targówek district from a subsidiary of vegetable oil producer Kruszwica.

Investment & finance

Profits shoot up for Ronson

schedule 15 May 2017
Tomasz Cudowski
editor-in-chief

POLAND Residential developer Ronson generated PLN 110 mln in revenue in Q1 – 163 pct higher than the same period of 2016, when it earned PLN 42 mln.

Investment & finance

SES to build EUR 150 mln mall

schedule 12 May 2017
Anna Pakulniewicz

SLOVENIA The development costs of a shopping centre in Ljubljana’s Šiška district are estimated at EUR 150 mln.

Porr to be as one

schedule 11 May 2017
Eurobuild CEE

POLAND Porr is to merge its two constituent companies into one. Both Polska Infrastructure and Porr Polska Construction are to trade under the name Porr S.A.

Investment & finance

First effects of consolidation

schedule 11 May 2017
Eurobuild CEE

POLAND Abadon Real Estate (Abadon RE) has reported a revenue from the sales of goods and services for 2016 of PLN 82.4 mln, an EBITDA of PLN 13.6 mln and a net profit of PLN 9.9 mln.

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