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Russian investment continues to bounce back

schedule 30 September 2016
Eurobuild CEE

RUSSIA So far this year, USD 3 bln has been invested in the real estate market., representing a 71 pct increase y-o-y, according to data from JLL.

Investment & finance

City Tower in Prague sold for EUR 182 mln

schedule 30 September 2016
Nathan North
deputy editor

CZECH REPUBLIC ČS Nemovitostní Fond has bought the tallest building in Prague, City Tower in Pankrác district, from PPF Real Estate Holding for app. CZK 4.4 bln (app. EUR 182 mln).

Wikana has Marina financing

schedule 29 September 2016
Tomasz Szpyt-Grzegórski

POLAND Stock exchange-listed developer Wikana has signed a loan agreement with MBank Hipoteczny to finance the construction of the next stage of the Marina residential estate in Lublin.

Investment & finance

Chinese buy Mediterranean holiday

schedule 28 September 2016
Alex Hayes
journalist

CROATIA The Real Estate Workout department of Erste Group Bank has sold the luxury Radisson Blu Resort & Spa Sun Gardens hotel in Dubrovnik to an unnamed Chinese investor for an undisclosed sum.

Investment & finance

Chinese refinance Warsaw office building

schedule 28 September 2016
Tomasz Szpyt-Grzegórski

POLAND Capital Park SPV Dakota Investments has been granted a loan by the Bank of China to refinance the Eurocentrum office complex on Al. Jerozolimskie.

CFI shops in Łódź for office, retail and apartment project

schedule 28 September 2016
Tomasz Szpyt-Grzegórski

POLAND Central Fund of Immovables, a subsidiary of CFI Holding, has purchased the perpetual usufruct rights for a parcel located at ul. Wydawnicza 15 in Łódź.

Plaza sells Łódź land

schedule 28 September 2016
Alex Hayes
journalist

POLAND Plaza Centers has sold a 20,700 sqm plot of land in Łódź to an unnamed residential developer for EUR 2.4 mln.

Investment & finance

Echo’ s new strategy

schedule 27 September 2016
Tomasz Szpyt-Grzegórski

POLAND A focus on development activity in Poland and achieving the dominant position in the office, retail and residential sectors – this is Echo Investment’s plan for the next few years.

REINO calls off IPO – again

schedule 26 September 2016
Tomasz Szpyt-Grzegórski

POLAND REINO Dywidenda Plus has pulled out its IPO on the Warsaw Stock Exchange. for the second time. In a company announcement it revealed that it has cancelled its C-series share offer and that it would not be applying for consent for the trading of its securities on the regulated market.

BZ WBK lends money for Osiedle 360°

schedule 23 September 2016
Ewa Andrzejewska

POLAND Unidevelopment subsidiary Unibalaton has concluded an agreement with Bank Zachodni WBK for two loans worth a combined PLN 33.82 mln.

Investment & finance

Rockcastle snaps up Bonarka City Center

schedule 23 September 2016
Tomasz Szpyt-Grzegórski

POLAND TriGranit has announced the finalisation of the sale of the Bonarka City Center shopping complex in Kraków to Rockcastle for app. EUR 361 mln.

Investment & finance

EIB supports Vilnius renovation with EUR 25 mln tranche of EUR 50 mln loan

schedule 23 September 2016
Alex Hayes
journalist

LITHUANIA The European Investment Bank (EIB) has granted the City of Vilnius the first EUR 25 mln tranche of a EUR 50 million loan to support of the city’s investment programme with the financing to be used for investments in urban infrastructure renewal and the construction of the Western bypass.

Investment & finance

Profits down for Globalworth

schedule 22 September 2016
Alex Hayes
journalist

ROMANIA Globalworth Real Estate Investments has reported that its EBITDA for H1 2016 was down by 23 pct (EUR 24.5 mln) compared to the same period of the previous year.

Investment & finance

Shuffling gods in the Akropolis

schedule 22 September 2016
Anna Pakulniewicz

LITHUANIA/LATVIA Lithuanian project management company GVP Invest has sold its Latvian subsidiary GVP Invest LV to Akropolis Group.

Immofinanz profit plunges

schedule 21 September 2016
Adam Zdrodowski

EUROPE Austrian developer and investor Immofinanz has recorded a EUR 21.9 mln for the first quarter of the 2016 abbreviated financial year (May-December), which represents and 81 pct fall in its net profit.

Investment & finance

Gdański changes hands

schedule 21 September 2016
Tomasz Szpyt-Grzegórski

POLAND The first stage of the Gdański Business Center office complex is changing hands at a price of EUR 186 mln.

Dragon takes over 16,000 sqm mall in Kyiv

schedule 19 September 2016
Rafał Ostrowski
journalist

UKRAINE Dragon Capital Investments has completed the acquisition of the Pyramida shopping centre in Kyiv’s Darnytsia district from a group of American and British investors.

Strabag to take over Austrian developer

schedule 19 September 2016
Adam Zdrodowski

EUROPE Strabag is about to increase its stake in Raiffeisen evolution from 20 pct to 100 pct, pending the necessary corporate approvals.

Waryński considers hotels and creates new strategy

schedule 16 September 2016

POLAND After a change in the top management of the group Waryński is preparing a new development strategy. The company is planning a new residential project and wishes to test its strength in new segments.

High quality of life in Warsaw

schedule 16 September 2016
Adam Zdrodowski

POLAND Warsaw was ranked 15th out of 100 cities throughout the world for sustainable social development according to the Arcadis ‘Sustainable Cities Index’.

Edition 11 (293) November 2024

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