Investment &amp; finance

POLAND Robyg has purchased a 4.6 ha plot for PLN 42.26 mln in Gdańsk’s Śródmieście district, where around 1,000 apartments could be built with a combined useable area of over 50,000 sqm.

CTP with EUR 177 mln in refinancing

CZECH REPUBLIC Helaba and Pbb have lent EUR 177 mln to CTP to refinance the CTPark Bor logistics park.

Getin Noble Bank lends to Soho

POLAND A subsidiary of Soho Development has acquired a PLN 49.5 mln loan from Getin Noble Bank for the construction of the second stage of the Dobra Forma estate in Kraków.

AmRest buys Russian Pizza Hut

Tomasz Cudowski
editor-in-chief

RUSSIA AmRest Holdings has starting the acquisition of the master-franchising rights for Pizza Hut on the Russian market, it will also buy 18 Pizza Hut restaurants operated by PH Russia.

Archicom to build in Krzyki

POLAND Archicom Nieruchomości, a subsidiary of WSE listed developer, Arichom has finalised the purchase of a 2.45 ha plot in Wrocław’s Krzyki district for PLN 26.6 mln net.

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

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

Profitable Penta invests

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

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

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

AXA IM – Real buys EUR 1 bln Gramercy portfolio

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.

Futureal sells Sziget mall to OTP

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

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

02 May 2017

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

02 May 2017

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

02 May 2017

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

Tikkurila doing good in Russia

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).

Rafał Ostrowski
journalist

Echo finalises Zakopianka purchase

27 April 2017

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

Przystanek to be sold

26 April 2017

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).