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Investment & finance

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Investment & finance

Mrągowo hotel sold to Bekdas entity

schedule 20 January 2017
Tomasz Szpyt-Grzegórski

POLAND Orbis has finalised the sale of the Mercure Mrągowo Resort & Spa hotel to Deporium Inc.

Investment & finance

Duetto I sale goes through

schedule 19 January 2017
Nathan North
deputy editor

LITHUANIA Finnish developer YIT has finalised the sale of the Duetto I office building in Vilnius to Baltic Horizon Fund for app. EUR 15 mln.

Higher turnover for Redan

schedule 19 January 2017
Anna Pakulniewicz

POLAND Redan group’s annual turnover increased by 12 pct to PLN 619 mln.

Txm achieves 99.1 pct of expectations

schedule 19 January 2017
Anna Pakulniewicz

POLAND The annual revenue of discount clothing retailer Txm, the owner of the Textilmarket chain of stores, increased by 20 pct to PLN 377 mln in 2016.

Investment & finance

CA Immo buys UI out of Prague and Buda buildings

schedule 18 January 2017
Nathan North
deputy editor

CZECH REPUBLIC/HUNGARY CA Immo has completed the acquisition of 49 pct stakes from its joint venture partner Union Investment Real Estate in the Danube House and Infopark Research Centre office buildings in Prague and Budapest respectively.

Investment & finance

Dairy for Mrągowo

schedule 18 January 2017
Eurobuild CEE

POLAND The European Investment Bank (EIB) has granted a loan of EUR 50 mln (around PLN 220 mln) for the construction of the Production Plant of Powdered Dairy Products of the Mlekpol Dairy Cooperative.

Investment & finance

CPI prepares huge portfolio acquisition

schedule 17 January 2017
Alex Hayes
journalist

CZECH REPUBLIC/POLAND/HUNGARY/ROMANIA CPI Property has signed a framework agreement under which it is to buy a 265,000 sqm portfolio comprising mainly of shopping centres across the Czech Republic, Hungary, Poland and Romania.

EBRD funds student halls

schedule 17 January 2017
Eurobuild CEE

POLAND The European Bank of Reconstruction and Development (EBRD) is to grant a loan of PLN 118.83 mln (EUR 27.07 mln) to finance the development of a private student accommodation network – Student Depot.

No PLN 120 mln Mlocum takeover

schedule 17 January 2017
Tomasz Szpyt-Grzegórski

POLAND Marvipol and Mbank have broken off talks over the acquisition of Mlocum.

Raiffeisen Evolution evolves into Strabag

schedule 16 January 2017
Rafał Ostrowski
journalist

EUROPE Vienna-based developer Raiffeisen Evolution Project Development has been renamed Strabag Real Estate (SRE).

Investment & finance

CBRE Global Investors acquires Letňany shopping centre in Prague

schedule 16 January 2017
Alex Hayes
journalist

CZECH REPUBLIC CBRE Global Investors has acquired, on behalf of a separate account client, the Letňany Shopping Centre in Prague.

Investment & finance

EBRD invests EUR 10 mln in Pula shopping centre

schedule 13 January 2017
Alex Hayes
journalist

CROATIA The European Bank for Reconstruction and Development is together with the Enterprise Expansion Fund to invest EUR 10 mln for the development of the Trgovački centar Max Stoja, a shopping centre in the city of Pula.

More retail investment in Poland, Ireland and Italy

schedule 13 January 2017
Rafał Ostrowski
journalist

EUROPE During the first three quarters of 2016 non-core markets experienced a significant rise y-o-y in retail real estate investment.

Immofinanz goes after cash

schedule 13 January 2017
Alex Hayes
journalist

EUROPE Immofinanz has announced a EUR 300 mln bond issue (increased from EUR 200 mln) of convertible bonds with a denomination of EUR 100,000 representing 125.4 mln shares in the company or 12.84 pct of the current outstanding share capital of the company.

Aberdeen Asset Management sells Construdava

schedule 13 January 2017
Alex Hayes
journalist

ROMANIA Colliers has announced that Aberdeen Asset Management Deutschland sold the Construdava building in Bucharest to AdamAmerica in 2016.

Russian investment forecast to grow to USD 4.5 bln this year

schedule 12 January 2017
Eurobuild CEE

RUSSIA Commercial real estate investment volume is expected to grow to USD 4.5 bln this year, according to JLL.

C&W: Investment expected to grow by 6 pct

schedule 12 January 2017
Eurobuild CEE

EUROPE Despite economic and political uncertainty investor activity on the European real estate market in 2017 is expected to grow by 6 pct, according to a report by Cushman & Wakefield’s European Capital Markets team. It is likely to be driven by the weakening of bond prices and investors interest in safe but growth-orientated opportunities.

Official approval for Eko Holding takeover

schedule 11 January 2017
Eurobuild CEE

POLAND The Office of Competition and Consumer Protection [UOKiK] has approved the acquisition of Eko Holding by Eurocash on the condition of the sale of three Eko Holding stores: two in Podkarpackie Province (Gniewczyna Łańcucka and Zarzecze) and one in Opolskie Province (Chróścice). e

Orbis sells two hotels

schedule 11 January 2017
Tomasz Szpyt-Grzegórski

POLAND Orbis has disposed of two hotels in Częstochowa but both will continue to operate under their current brands.

More Robyg by the sea

schedule 10 January 2017
Eurobuild CEE

POLAND Robyg has purchased a 4.6 ha property in Gdańsk’s Sródmieście district for EUR 10 mln.

Edition 11 (293) November 2024

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