Investment & finance

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Shoes on a bumpy road

schedule 08 May 2017

POLAND Wojas has reported a consolidated net profit of PLN 1.81 mln for 2016 (PLN 3.66 mln a year earlier), an operating profit of PLN 5.28 mln (PLN 6.89 in 2015) and a consolidated sales revenue of PLN 229.38 mln (PLN 213.21 in 2015).

Facelift and lower profit for Monnari

schedule 08 May 2017
Eurobuild CEE

POLAND Monnari Trade has recorded a revenue of PLN 231.8 mln for 2016, which compares to PLN 213.7 mln a year earlier.

Investment & finance

Profitable Penta invests

schedule 08 May 2017
Eurobuild CEE

EUROPE Penta Investments generated EUR 251 mln in net profit in 2016, which constitutes a growth of 25 pct compared to 2015 (EUR 200 mln).

Slightly better margins for Takko

schedule 08 May 2017
Rafał Ostrowski
journalist

EUROPE Fashion retailer Takko has announced revenue of over EUR 1.101 bln for the 2016/2017 fiscal year, compared to more than EUR 1.096 bln for the previous financial year, according to unaudited results.

Dom Development applies to UOKiK

schedule 04 May 2017
Eurobuild CEE

POLAND Dom Development has applied to the Office of Competition and Consumer Protection [UOKiK] for permission to acquire the residential section of Euro Styl.

Investment & finance

AXA IM – Real buys EUR 1 bln Gramercy portfolio

schedule 04 May 2017
Nathan North
managing editor (English section)

EUROPE Axa Investment Managers - Real has signed a deal to acquire a 1.2 mln sqm portfolio of predominantly logistics assets in five European countries from Gramercy Property Europe for app. EUR 1 bln.

Investment & finance

Futureal sells Sziget mall to OTP

schedule 04 May 2017
Alex Hayes
journalist

HUNGARY Futureal Group has sold the Sziget Center mall to OTP Property Investment Fund as part of the deal that also includes the sale of the Skypark office building.

I2 recommends PLN 18.5 mln dividend

schedule 04 May 2017
Eurobuild CEE

POLAND The I2 Development group generated consolidated revenue of PLN 93.5 mln in 2016 – a growth of 10.4 pct on 2015. The management board has recommended a payment of dividend of 50 pct of its profits, or PLN 18.5 mln.

Zalando increases its revenue and changes supervisory board

schedule 02 May 2017
Eurobuild CEE

EUROPE Zalando has reported that according to its initial figures its revenue for Q1 2017 was up by 22-24 pct to EUR 971-987 mln y-o-y (in Q1 2016, its revenue came to EUR 796.1 mln).

Griffin to put hand in pocket

schedule 02 May 2017
Eurobuild CEE

POLAND Griffin Premium RE and Echo Investment have announced that a project financing agreement between the two companiesfirst announced in March 2017 has entered into effect.

Dino Polska debuts on WSE

schedule 02 May 2017
Eurobuild CEE

POLAND The Dino Polska supermarket chain has debuted on the Warsaw Stock Exchange (WSE).

Tikkurila doing good in Russia

schedule 28 April 2017
Anna Pakulniewicz

EUROPE Tikkurila's revenue for the first quarter 2017 increased by 5.1 pct. to EUR 137.1 mln (compared to EUR 130.4 mln last year).

Investment & finance

Echo finalises Zakopianka purchase

schedule 27 April 2017
Rafał Ostrowski
journalist

POLAND Echo Polska Properties has acquired the Zakopianka retail park in Kraków for EUR 53.3 mln.

Investment & finance

Przystanek to be sold

schedule 26 April 2017
Eurobuild CEE

POLAND Two Ghelamco subsidiaries, Laboka and Ghelamco GP 1/Esturia, have signed a preliminary agreement to sell the Przystanek MBank office building in Łódź to LCN Euro Master Dutch Holdings II (LCN).

Investment & finance

Pekao lends money for Koneser

schedule 26 April 2017

POLAND BBI Development has been granted a PLN 43.2 loan by Pekao to finance the construction of two buildings from the Centrum Praskie Koneser project.

Investment & finance

Futureal sells Skypark

schedule 26 April 2017
Alex Hayes
journalist

HUNGARY Futureal Group has sold its Skypark office building, which is part of the Corvin Promenade mixed-use development in Budapest, to the OTP Prime Property Investment Fund.

Murapol closer to acquiring Awbud

schedule 25 April 2017

POLAND the Office of Competition and Consumer Protection [UOKiK] has approved the purchase by Abadon Real Estate of all the shares of Petrofox, the company that holds a majority stake in Awbud.

Investment & finance

MBank finances Lublin project

schedule 25 April 2017
Eurobuild CEE

POLAND MBank Hipoteczny has granted a PLN 11.3 mln loan for the next stage of the Sky House estate, which Wikana is building near ul. Jana Pawła II in Lublin.

Investment & finance

Bulgaria takes on MAS

schedule 25 April 2017
Alex Hayes
journalist

BULGARIA A joint venture majority owned by MAS Real Estate with Prime Kapital has acquired two shopping centres in Burgas and Stara Zagora for EUR 62 mln from Globe Trade Centre and the European Bank for Reconstruction and Development.

Investment & finance

Kokotów to be extended with bond financing

schedule 24 April 2017
Eurobuild CEE

POLAND A 7R Logistic subsidiary has raised PLN 12 mln through a bond issue, with the money being earmarked to extend the Kraków-Kokotów logistics park.

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Edition 9 (301) September 2025

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