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Marvipol increases sales and plans to split

schedule 09 September 2016
Rafał Ostrowski
journalist

POLAND Marvipol has announced revenues of PLN 362.6 mln for H1 2016, which represents a y-o-y growth of 18 pct. The developer and automotive group also saw its net profit increase by 91 pct to PLN 19.4 mln.

Better results for Polnord

schedule 09 September 2016
Adam Zdrodowski

POLAND Polnord saw its consolidated sales revenue for Q2 rise by over PLN 5 mln to PLN 35.8 mln compared to Q2 last year (PLN 30.3 mln) representing an 18.2 pct y-o-y rise.

Archicom sees higher sales but lower profit

schedule 07 September 2016
Rafał Ostrowski
journalist

POLAND The Archicom group sold almost 440 apartments in H1, an increase of 56 pct on the same period of the previous year.

Investment & finance

Banks provide huge Magnolia Park loan

schedule 07 September 2016
Adam Zdrodowski

POLAND The owners of the Magnolia Park shopping centre in Wrocław have secured a EUR 210 mln refinancing facility.

High five for J.W. Construction

schedule 07 September 2016

POLAND In H1 this year, the J.W. Construction Holding Group recorded a net profit of PLN 26.1 mln, a more than five-fold increase on the same period of the previous year (PLN 5.1 mln).

Investment & finance

Luxembourg Echo

schedule 07 September 2016
Tomasz Szpyt-Grzegórski

POLAND/LUXEMBOURG/RSA Shares in Echo Polska Properties (EPP) have been listed on the Luxembourg Stock Exchange.

Revenue boost for Central Park

schedule 07 September 2016
Eurobuild CEE

POLAND Capital Park has reported consolidated operating revenue of PLN 50.72 mln for H1 this year, which compares to PLN 36.13 mln for the same period of the previous year.

Segro share issue to boost expansion

schedule 02 September 2016
Adam Zdrodowski

EUROPE Segro hoping to generate GBP 340 mln from latest share issue, wants to fund new development opportunities.

Less revenue, more profit for Erbud

schedule 06 September 2016
Eurobuild CEE

POLAND Erbud has reported revenue of over PLN 788 mln for H1, representing a decline on the PLN 806 reported for the same period of the previous year.

Increasing revenue for largest companies in CEE

schedule 06 September 2016
Rafał Ostrowski
journalist

CEE REGION According to a survey by Deloitte, the revenue of the 500 largest companies of the region came to EUR 695 bln last year, representing an increase of 1.7 pct on the previous year (EUR 673 bln).

Investment & finance

Archicom revitalises Piastowski Brewery

schedule 06 September 2016
Adam Zdrodowski

POLAND The site of the former Piatowski brewery in Wrocław has changed hands.

Investment & finance

HB Reavis sells Konstruktorska

schedule 05 September 2016
Nathan North
deputy editor

POLAND HB Reavis has sold the Konstruktorska Business Center in Warsaw to Netherlands-based investment company Golden Star for an undisclosed sum.

Good times for Mostostal Warszawa

schedule 05 September 2016
Eurobuild CEE

POLAND Mostostal Warszawa registered gross revenue of app. PLN 636 mln in H1 this year, representing a rise of app. PLN 140 mln on H1 the previous year (PLN 495 mln).

Echo releases H1 results

schedule 01 September 2016
Eurobuild CEE

POLAND Echo Investment Group has released its results for H1 2016 recording a revenue of PLN 280.5 mln compared to PLN 273.8 mln for the same period of the previous year. Gross sales profit was up by PLN 10.5 mln to PLN 145.4 mln with an operating profit up from PLN 31.3 mln to PLN 404 mln and net profit up from PLN 22.7 mln to PLN 299 mln.

Ronson convinces bond buyers

schedule 01 September 2016
Eurobuild CEE

POLAND Ronson Europe has issued P-series bonds with a nominal value of PLN 10 mln in a public offer – the first public bond issue by the developer, with others set to follow.

Investment & finance

GTC debuts in South Africa

schedule 31 August 2016
Eurobuild CEE

POLAND/SOUTH AFRICA Central European developer and property owner Globe Trade Centre, which has so far been listed on the Warsaw Stock Exchange, is the first Polish company to list on the Johannesburg Stock Exchange (JSE).

Investment & finance

Orco finally merged into CPI

schedule 29 August 2016
Nathan North
deputy editor

CZECH REPUBLIC CPI Property Group has obtained merger clearance for the acquisition of Orco Property Group from the Czech Office for the Protection of Competition (ÚOHS).

Investment & finance

Dekada willing to buy

schedule 29 August 2016
Ewa Andrzejewska

POLAND Aleksander Walczak, the president of Dekada, has announced plans for the acquisition of shopping centres in Poland.

Improved Q2 for YIT

schedule 29 August 2016
Adam Zdrodowski

EUROPE Finnish developer and builder YIT Corporation generated revenue of EUR 463.7 mln (based on segment reporting) in Q2 2016, which marked an 11 pct increase on the same period of last year.

Kleba sells Olsztynek properties

schedule 29 August 2016
Eurobuild CEE

POLAND KI Siedem, a subsidiary of Kleba Invest, has sold properties in Olsztynek for PLN 15 mln to an as yet undisclosed buyer.

Edition 4 (287) April 2024

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