Investment & finance

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Echo aims to raise PLN 300 mln from bonds

schedule 13 March 2017
Eurobuild CEE

POLAND Echo Investment is considering a bond issue of up to PLN 300 mln or its equivalent in euro. The management of the board has passed a resolution over this issue and a prospectus has been submitted to the Polish Financial Supervision Authority.

Investment & finance

Echo pockets Galeria Młociny

schedule 10 March 2017
Eurobuild CEE

POLAND Echo Polska Properties NV (EPP) and Echo Investment have acquired Galeria Młociny in northern Warsaw from Rosehill Investments.

Investment & finance

Octava acquires BPH FIZ portfolio

schedule 09 March 2017
Tomasz Cudowski
editor-in-chief

POLAND/EUROPE Octava FIZAN is taking over two Luxembourg and 29 Polish companies that are directly or indirectly owned by the BPH FIZ Sektora Nieruchomości and PBH FIZ Sektora Nieruchomości 2 funds, which are now being liquidated.

Investment & finance

Pradera buys 25 Ikea retail parks

schedule 08 March 2017
Nathan North
managing editor

EUROPE Retail property fund and asset manager Pradera has today announced the first closing of its Luxembourg fund Pradera European Retail Parks SCSp in a EUR 900 mln deal agreed with IKEA Centres to acquire 25 prime retail parks in eight European countries.

Investment & finance

Olympia in Brno changes hands for EUR 374 mln

schedule 08 March 2017
Nathan North
managing editor

CZECH REPUBLIC Hamburg-based Deutsche EuroShop has signed an agreement to buy the Olympia shopping centre in Brno for EUR 374 mln.

Investment & finance

REICO sets its sights on Poland and Hungary

schedule 07 March 2017
Nathan North
managing editor

CEE REGION Česká spořitelna’s real estate fund, ČS nemovitostní fond, which is managed by REICO, has announced its intention to expand its acquisition programme to Poland and Hungary.

Investment & finance

Commerz Real buys Na Příkopě 33

schedule 07 March 2017
Nathan North
managing editor

CZECH REPUBLIC Commerzbank subsidiary Commerz Real has purchased for its HausInvest fund the listed Na Příkopě 33 office building in central Prague from Komerční banka for an undisclosed sum.

Murapol debuts again

schedule 07 March 2017
Eurobuild CEE

POLAND Murapol has issued T- and U-series bonds with a total value of PLN 15 mln on the Catalyst market.

Investment & finance

Login with a loan

schedule 07 March 2017
Tomasz Szpyt-Grzegórski

POLAND Vantage Development has obtained financing for the construction of the Login City estate in Wrocław.

Investment & finance

Historic complex sold in Vilnius

schedule 07 March 2017
Anna Pakulniewicz

LITHUANIA Vilniaus Vandenys, which runs the sewage network in Vilnius, has sold a property in the Old Town of the city.

Investment & finance

Żabka jumps into another portfolio again

schedule 07 March 2017
Tomasz Szpyt-Grzegórski

POLAND The CVC Capital Partners fund has announced that it has reached an agreement with Mid Europa Partners for the acquisition of the Żabka grocery chain.

Investment & finance

Westin sale done and dusted

schedule 06 March 2017
Tomasz Szpyt-Grzegórski

POLAND Skanska has finalised the sale of the Westin hotel in Warsaw to Al Sraiya of Qatar. The hotel changed hands on February 15th in a transaction worth EUR 65 mln.

Investment & finance

Invesco buys Sheraton in Kraków

schedule 06 March 2017
Rafał Ostrowski
journalist

POLAND Invesco Real Estate has acquired Wawel Holding, the owner of the five star Sheraton Grand Kraków Hotel, for EUR 70 mln.

Hyatt in search of investor

schedule 06 March 2017
Tomasz Cudowski
editor-in-chief

BELARUS The unfinished Hyatt Regency hotel has been put up for auction in Minsk with as statrting price of just over USD 40 mln.

Investment & finance

Cromwell Property Group globally rebranded

schedule 03 March 2017
Anna Pakulniewicz

CEE Cromwell Property Group, the ASX listed REIT, has completed the global process to integrate Valad Europe into the wider group.

Investment & finance

Griffin prepares to float its platform

schedule 01 March 2017
Eurobuild CEE

POLAND Griffin Real Estate’s property platform Griffin Premium RE is planning an initial public offering on the Warsaw Stock Exchange.

Marvipol and Panattoni have a loan

schedule 28 February 2017
Tomasz Szpyt-Grzegórski

POLAND PDC Industrial Center 60 – an SPV company of Marvipol and Panattoni – has obtained a loan for a warehouse project in Warsaw. The loan for the construction of a logistic and warehouse centre was provided by MBank. It consists of a construction loan of EUR 26.8 mln (or 70 pct of the property’s market value), an investment loan of up to EUR 29 mln (or 70 pct of the property’s market value) and a VAT loan of up to PLN 20 mln.

Investment & finance

Former embassy of Japan is nearly sold

schedule 27 February 2017
Rafał Ostrowski
journalist

POLAND The building of the former Sanssouci hotel in Karpacz Górny, where the Embassy of the Japanese Empire was located during the Second World War, has a buyer, ‘Eurobuild CEE’ found out.

Investment & finance

Slovaks to invest EUR 60 mln in Polish ski resort

schedule 24 February 2017
Rafał Ostrowski
journalist

POLAND Slovak company Tatry mountain resorts is planning to invest over EUR 60 mln in the Szczyrkowski Ośrodek Narciarski ski resort in the Beskid Śląski mountains of southern Poland.

Investment & finance

Warimpex sells CEE hotel portfolio

schedule 23 February 2017
Rafał Ostrowski
journalist

CEE REGION Warimpex has sold a portfolio of eight hotels in the Czech Republic, Poland and Romania to the Thai investor U City. The portfolio comprises app. 50 percent of Warimpex's total real estate assets and has a property value of app. EUR 180 mln (excluding 50 pct stakes of UBM in two of the sold hotels in that portfolio).

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Edition 4 (297) April 2025

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