Investment &amp; finance

POLAND Polnord and Inpro have published their Q3 results. Over the January–September period, Polnord generated consolidated sales revenue of PLN 156.6 mln, while its operating profit amounted to PLN 4.7 mln and its net profit was PLN 5.6 mln.

Bouygues happy with results

POLAND French residential developer Bouygues Immobilier Polska sold 228 apartments in Q3 2016 and has announced new projects for 2017.

EU billions to fund Łódź revitalisation

POLAND Łódź city council has announced that it is to apply for EU subsidies for 15 revitalisation projects before the end of this year.

Hungarian investment skyrockets

HUNGARY Over the Q1-Q3 period of 2016 period, the total commercial real estate investment transaction volume reached some EUR 1.5 bln in Hungary, nearly double the total volume in 2015, reports JLL.

WP Carey buys Greenyard cold-storage centre

Anna Pakulniewicz

POLAND WP Carey has announced that its CPA:17 – Global REIT has bought a cold-storage centre from Greenyard in a sale and leaseback transaction.

GTC sees profit rise

30 November 2016

EUROPE For the first three quarters of the year, GTC has recorded an operating profit of EUR 65 mln, which compares to EUR 59 mln for the same period of 2015.

Victoria Dom prepares bonds worth PLN 50 mln

30 November 2016

POLAND Victoria Dom has submitted a prospectus for a public bond issue with a total face value of PLN 50 mln to the Financial Supervision Authority.

Profi Rom sold in record deal

30 November 2016

POLAND/ROMANIA Polish Enterprise Fund VI managed by Polish-based Enterprise Investors has sold Profi Rom Food, the largest supermarket chain in Romania, to Mid Europa Partners for EUR 533 mln.

Archicom looks beyond Wrocław

29 November 2016

POLAND The Archicom group has announced record sales results. From January 1st until November 14th of this year the developer sold 825 apartments (which compares to 611 for the whole of 2015).

Ronson on a roll

29 November 2016

POLAND Ronson Development has reported a considerable improvement in its financial results for the first three quarters of the year.

Victoria Dom issues bonds worth PLN 30 mln

29 November 2016

POLAND Developer Victoria Dom is to privately issue four-year unsecured corporate bonds worth PLN 30 mln to institutional investors.

T1 fully financed

28 November 2016

Anna Pakulniewicz

ESTONIA Pro Kapital Grupp subsidiary Tallinna Moekombinaat has signed a contract that will finance the design and construction of its T1 shopping centre at Peterburi mnt. 2 in Tallinn.

PHN announces results

28 November 2016

POLAND Polski Holding Nieruchomości (PHN) has reported its results for the first three quarters of the year.

Prosta Tower ready to be sold

28 November 2016

POLAND Marvipol has signed a preliminary for the sale of the Prosta Tower office building in Warsaw for PLN 118 mln.

Enterprise Office Center sold

CZECH REPUBLIC Erste Group Immorent has sold the Enterprise Office Center office complex for EUR 110 mln.

Whirlpool R&D centre of in Wrocław

POLAND White goods producer Whirlpool is to develop a global R&D centre for the development of its products in Wrocław.

Fat order book for Erbud

POLAND Erbud had an order book worth a record PLN 2.02 bln at the end of Q3.

VIA Outlets buys four outlet centres

EUROPE VIA Outlets, a joint venture partnership of APG, Hammerson, Meyer Bergman and Value Retail, has acquired a portfolio of four outlet centres, one of which is in Poland, valued at EUR 587 mln with the deal subject to regulatory approval.

Murapol redeems bonds with more to follow

24 November 2016

POLAND The Murapol group has redeemed its O-series bonds worth PLN 18.6 mln having previously redeemed PLN 9 mln in M-series bonds earlier in the same week.

Four Seasons refinanced

22 November 2016