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Investment & finance

Riga Plaza sold

schedule 15 September 2016
Alex Hayes
journalist

LATVIA Riga Plaza shopping centre has been sold to an unnamed global investment fund for EUR 93.4 mln by a 50 pct owned subsidiary of Plaza Centers.

Zgorzelec Plaza sold

schedule 14 September 2016
Alex Hayes
journalist

POLAND Plaza Centers has completed the sale of its shares in Zgorzelec Plaza shopping Centre in accordance with its debt restructuring agreement (DRA) signed with Bank Zachodni WBK and announced on June 30th of this year.

Investment & finance

CBRE GI acquires 450,000 sqm portfolio from Hillwood

schedule 14 September 2016
Tomasz Szpyt-Grzegórski

POLAND/GERMANY Hillwood has confirmed that it has agreed to sell a 450,000 sqm portfolio of warehouse and industrial properties to CBRE Global Investors across Germany and Poland.

REINO resumes suspended IPO

schedule 14 September 2016
Tomasz Szpyt-Grzegórski

POLAND The book building process has resumed for the shares of REINO Dywidenda Plus

Murapol plans new estate in Gdańsk

schedule 14 September 2016
Tomasz Szpyt-Grzegórski

POLAND Developer Murapol intends to buy a plot on ul. Jabłoniowa in Gdańsk for a residentiak estate of app. 230 apartments with a combined area of app. 8,500 sqm.

Murapol buys land in Gdynia

schedule 14 September 2016
Tomasz Szpyt-Grzegórski

POLAND Murapol has signed a preliminary agreement to purchase 2.9 ha plot on ul. Starochwaszczyńska in Gdynia.

Investment & finance

Echo shares sell like hot cakes

schedule 14 September 2016
Tomasz Szpyt-Grzegórski

POLAND Echo Polska Properties (EPP) latest share issue was oversubscribed with trading to start on the Johannesburg Stock Exchange from September 13th.

Murapol to buy land for more than 2,000 apartments

schedule 13 September 2016
Ewa Andrzejewska

POLAND A subsidiary of stock-exchange-listed Murapol has concluded a preliminary contract for the purchase of a property on ul. Wróblewskiego in Łódź.

Loans for two Victoria Dom projects

schedule 13 September 2016

POLAND Victoria Dom has secured two loan deals worth PLN 28 mln. The two loan agreements have been concluded with Bank Spółdzielczy in Ostrowia Mazowiecka, enabling Victoria Dom to finance the construction of the Viva Garden 3 and Viva Garden 4 residential projects in Warsaw’s Białołęka district.

EPP shares in demand during JSE private placement

schedule 13 September 2016
Adam Zdrodowski

SOUTH AFRICA Echo Polska Properties is to list on the Johannesburg Stock Exchange today (September 13th).

Capital Park sees revenues increase

schedule 13 September 2016
Eurobuild CEE

POLAND Capital Park recorded a consolidated operating revenue of PLN 50.72 mln in H1 this year, a rise on the PLN 36.13 mln registered for the same period of the previous year.

Investment & finance

Delta 44, going once... going twice...

schedule 13 September 2016
Tomasz Szpyt-Grzegórski

POLAND Vantage Development has reported that it has found a buyer for its Delta 44 office building in Wrocław.

Investment & finance

HB Reavis scoops EUR 300 mln in a week

schedule 09 September 2016
Tomasz Szpyt-Grzegórski

POLAND HB Reavis has sold another office project in Warsaw.

GIC to buy P3?

schedule 12 September 2016
Alex Hayes
journalist

EUROPE GIC, the sovereign wealth fund of Singapore, is rumoured to be in advanced negotiations to buy P3, reports Ziarul Financiar quoting market sources.

NEPI leaves London

schedule 12 September 2016
Alex Hayes
journalist

CEE REGION New Europe Property Investments (NEPI) has announced its intention to delist from the AIM market of the London Stock Exchange.

Higher profits for PHN

schedule 09 September 2016
Rafał Ostrowski
journalist

POLAND Polski Holding Nieruchomości recorded a profit of app. PLN 39.9 mln for H1 this year, an increase of over 25 pct on the PLN 29.2 recorded for the same period of the previous year.

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.

Edition 11 (293) November 2024

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