Investment & finance

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Sun & Snow to make debut on capital market

schedule 25 January 2017
Eurobuild CEE

POLAND The Sun & Snow group has issued PLN 10 mln worth of series A bonds, which will mature in three years time.

Investment & finance

NY Residence financed by Raiffeisen Polbank

schedule 24 January 2017
Alex Hayes
journalist

POLAND Terra Casa has signed a loan agreement with Raiffeisen Polbank to finance 70 pct of the investment costs of the NY Residence project in Kraków.

Investment & finance

Five billion over next decade

schedule 24 January 2017
Eurobuild CEE

POLAND Firmus Group has earmarked around PLN 5 bln for projects in Poland over the next 10 to 15 years.

Investment & finance

Raven buys three in Petersburg

schedule 24 January 2017
Nathan North
managing editor

RUSSIA Subsidiaries of Raven Russia have agreed to acquire three St Petersburg properties from EPI Russia I Ky, a fund managed by Northern Horizon Capital, for RUB 4.9 bln (app. EUR 77 mln).

Investors interested in PKP plots

schedule 24 January 2017
Eurobuild CEE

POLAND A total of 13 investors have expressed interest in jointly developing two plots in Warsaw with Polish State Railways [PKP] affiliate Xcity Investment.

Investment & finance

Bricostore becomes warehouse

schedule 23 January 2017
Alex Hayes
journalist

HUNGARY, The former Bricostore DIY-unit in Törökbálint on the outskirts of Budapest has been sold to Hungarian toy company Régió.

Investment & finance

Smíchov Gate snapped up by Redside

schedule 20 January 2017
Nathan North
managing editor

CZECH REPUBLIC AEW has sold the Smíchov Gate office building in Anděl-Smíchov (Prague 5) to Czech investor Redside for an undisclosed sum.

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
managing 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
managing 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.

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Edition 4 (297) April 2025

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