POLAND In accordance with the announcement from two days ago, Polnord has today issued unsecured MB2-series bonds for a total amount of PLN 20 mln.
RUSSIA Immofinanz is about to sell its EUR 1.1 bln portfolio of shopping centres in Moscow. “Since the Russian properties have distinct market characteristics and a different risk profile than the remainder of the portfolio, Immofinanz plans either to sell or spin off the Moscow shopping centres,” the company stated in its recent 2015/2016 annual report.
POLAND Upper Finance has raised PLN 5 mln through the issue of three-year bearer bonds for a company from the 7R Logistic capital group. This is the third issue from which 7R Logistic has acquired funds. The money will make it possible to expand the Kraków-Kokotów logistics park that was launched in December 2015.
POLAND Polnord has issued unsecured O-series bonds as part of a private issue. They are worth PLN 20 mln and were all taken up by two financial institutions.
BULGARIA This year’s total transactions volume should surpass the 2015 level.
Investment & finance
EUROPE Immofinanz has completed the purchase of 25,690,163 bearer shares, representing 26 pct stake in CA Immobilien Anlagen from Terim Limited (Cyprus) and four registered shares of CA Immo from O1 Group Limited (Cyprus). The closing took place today, on Tuesday, August 2nd, 2016.
POLAND Lokum Deweloper has carried out a private issue of three-year C-series bonds with a total nominal value of PLN 40 mln.
Investment & finance
THE WORLD AccorHotels group has finalised the acquisition of FRHI Hotels & Resorts and three brands of luxury hotels owned by the company, Fairmont, Raffles and Swissôtel, in a transaction Eurobuild has previously published information on, in December 2015.
WORLD CBRE Group recorded a 34 pct revenue increase (35 pct in local currency) to USD 3.2 bln in Q2 2016.
CE REGION Immofinanz recorded net loss of EUR 390.4 mln for the 2015/16 financial year (2014/15: a loss of EUR 376.6 mln).
Investment & finance
LATVIA Baltic Horizon has signed a binding agreement to acquire the Upmala Biroji office building from Bauplan Nord in Riga.
POLAND The European Investment Bank (EIB) is lending PLN 250 mln (app. EUR 59 mln) to finance municipal infrastructure projects in Zielona Góra in western Poland.
Investment & finance
POLAND Valad Europe in partnership with funds managed by Oaktree Capital Management has acquired the Wiśniowy Business Park (buildings ‘C’, ‘D’, ‘E’ and ‘F’) in Warsaw for an undisclosed sum.
Investment & finance
POLAND Deutsche Hypothekenbank as the sole lender is providing a loan for the purchase of the Prime Corporate Center office building in Warsaw.
POLAND Tower Investments has listed on Warsaw’s NewConnect stock exchange and is now planning new projects.
POLAND Marvipol has issued a stock exchange announcement for the purchase of the perpetual usufruct right of a 0.88 ha plot in Warsaw’s Praga-Południe district.
Investment & finance
POLAND Echo Polska Properties (EPP), which is jointly owned by Echo Investment and South Africa’s Redefine Properties, is aiming to list on the Luxembourg Stock Exchange (LuxSE) in August 2016 followed by a listing on the Johannesburg Stock Exchange (JSE) in September 2016.
CEE REGION/POLAND According to JLL, the volume of real estate investment transactions concluded across Central and Eastern Europe (excluding Russia) in H1 2016 amounted to app. EUR 5.1 bln, with Poland accounting for EUR 2.07 bln of the total, followed by the Czech Republic (EUR 950 mln), Hungary (EUR 910 mln), Romania (EUR 340 mln) and Slovakia (EUR 310 mln). The remaining SEE markets registered EUR 540 mln in finalised deals.
POLAND Unibep has issued D-series bonds with a total value of PLN 30 mln.
Investment & finance
SLOVAKIA Tatra Banka has granted a EUR 250 mln syndicated loan to refinance the Eurovea multifunctional complex in Bratislava – the largest real estate loan in the history of the Slovakian market.
Dutch studio Benthem Crouwel Architects together with Czech architects OVA have won the competition to redesign a quarter of Vítězné náměstí (Victory ...
According to the report released by research firm Spectis, “Modular construction market in Poland 2024-2029”, top 100 manufacturers of prefabricated b ...
The Globalworth Foundation has provided the authorities in Bucharest with office space for a Covid vaccination centre.
Panattoni BTS and Commercecon together support the establishment of the second Centaurus Foundation centre in Poland to help horses and other animals.
Shopee is ending its operations in Poland. The Asian e-commerce platform, which debuted in Poland in 2021, intends to focus on operations in other reg ...
Kreo, Ghelamco's Kraków office project, has achieved BREEAM certification at the Outstanding level. The building also has a WELL and Green Building St ...
Eurobuild Awards 2023 is behind us, but if you haven't yet gotten your hands on the special "Eurobuild" supplement prepared for the Gala evening, you ...
The next edition of our monthly magazine is now available both in paper and digital versions! Traditionally, the new issue was first sent to our confe ...
EUR 115 bln – this is the amount the Swedish government and local authorities intend to invest in construction and infrastructure projects in the Stoc ...
We regret to inform you that Piotr Kroenke, long-time general director of GTC and co-creator of many of the company's successes, has passed away.
This latest episode of 'Eye to Eye' is hot out of the podcast oven and ready to listen to! Eurobuild’s guest today is Paweł Sapek, the head of Prologi ...
The UN Nansen Refugee Award award will go to Poland for the first time. According to the office of the UNHCR High Commissioner this year's regional wi ...
Czech developer CTP has been granted a EUR 200 mln loan from the European Investment Bank for the roll-out of its large-scale solar panel installation ...
IHG Hotels & Resorts and Novum Hospitality announced a long-term agreement that will double IHG’s presence in Germany to more than 200 hotels in almos ...
Kamil Kowa has become the new CEO of Savills in Poland. He is a member of the management board of the company, and for the past nine years has held th ...
The investment programme until 2030 worth more than PLN 1.5 bln has been approved for Katowice's Wojciech Korfanty Airport. The programme will include ...
Designers from Colliers, under the supervision of architect Kateřina Štenclova, prepared the concept for the Mercedes-Benz headquarters in Prague. The ...
Redkom has announced that it has finalised the sale of a retail park under construction in Bielsko-Biała to Newgate Investment. The 17,000 sqm retail ...
CTP has expanded its Polish land bank by nearly half a million sqm. The company has purchased investment land in four locations that provide the oppor ...
Intensive commercialization of the multifunctional Fern building under construction at Off Piotrkowska Center has begun. A modern building, the constr ...
Already 64 pct of Warsaw’s office buildings offer at least one retail or service unit, reveals Retail @ Office, the latest report from Cushman & Wakef ...
EPP is taking over the management of nine M1 shopping centres and three Power Parks from Metro Properties Polska. Some of Metro Properties Polska's em ...
Echo Investment and its subsidiary Archicom have started the construction of a primary school for 450 pupils on ul. Konstruktorska in the Służewiec su ...
Slovakian developer JTRE is launching its first project in Germany. The Nordhafen Living & Office multifunctional project will be built in the Europac ...
Wood & Company is planning the final third tranche of its acquisition of a stake in the Aupark shopping centre in Bratislava. The facility is currentl ...
The Symbiosy smart building platform developed in-house by Slovakian developer HB Reavis has been acquired by Massachusetts-based real estate experien ...
According to data from Colliers, a trend called Shell & Core is gaining momentum in the Czech Republic. This is a strategy where developers construct ...
