Investment & finance

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Agrowill Group sells all its land

schedule 07 January 2016
Anna Pakulniewicz

LITHUANIA Agrowill Group, one of the country’s largest agricultural investment companies, has transferred its shares in its land owning subsidiaries to the Fixed Yield Invest Fund, an investment fund for select investors managed by Synergy Finance.

Investment & finance

Redan founder plans de-listing

schedule 08 June 2016
Aneta Cichla

POLAND Radosław Wiśniewski, the founder and main shareholder of clothing retail group Redan, together with his family and companies affiliated with them, have called for subscriptions for the sale of the company’s shares held by all other shareholders at a price of PLN 2.07.

Investment & finance

PST sells Vilnius office project

schedule 07 June 2016
Anna Pakulniewicz

LITHUANIA PST Investicijos, a subsidiary of Panevėžio Statybos Trestas, has sold 100 pct of itsthe ordinary registered shares of its SPV company Verkių Projektas.

Investment & finance

Financing for Amazon warehouses purchase in place

schedule 07 June 2016
Tomasz Szpyt-Grzegórski

POLAND/GERMANY/KOREA Pbb Deutsche Pfandbriefbank has financed the acquisition of two Amazon warehouses in Poland by GLL Real Estate Partners.

Saller the owner of Prima Park Białogard

schedule 06 June 2016
Eurobuild CEE

POLAND The Prima Park retail park in Białogard has changed hands. Kleba Invest has sold the facility to the Saller group in a transaction worth almost PLN 16.9 mln gross.

Investment & finance

Nova Praga changes hands and name

schedule 06 June 2016
Ewa Andrzejewska

POLAND Mazovia Capital, which is run by executives of White Star Real Estate, has bought the Nova Praga office building in Warsaw’s Praga district.

Echo takeover redefines the records

schedule 03 June 2016
Tomasz Szpyt-Grzegórski

POLAND Redefine Properties has taken a 75 pct stake in Echo Prime Properties (EPP) – the company that controls all the commercial assets of Echo Investment. The remaining 25 pct will remain with Echo Investment.

Plaza Centers sells Belgrade project

schedule 25 May 2016
Eurobuild CEE

SERBIA Plaza Centers has sold a plot, formerly occupied by the former Federal Ministry of Internal Affairs (MUP), at the entrance to Belgrade’s old town for EUR 15.9 mln.

Investment & finance

Intel seals Allcon Park purchase

schedule 03 June 2016
Nathan North
managing editor

POLAND Global IT giant Intel has finalised its acquisition of Allcon@Park in Gdańsk. Intel Technology Poland now owns its five-building headquarters in Poland – a total area of 24,000 sqm together with land for the possible expansion of the complex.

PHN arm in arm with Waryński

schedule 03 June 2016
Tomasz Szpyt-Grzegórski

POLAND Polski Holding Nieruchomości (PHN) and Waryński Grupa Holdingowa have signed a letter of intent over the possibility of cooperating on the real estate market.

Warimpex reduces losses

schedule 01 June 2016
Eurobuild CEE

EUROPE In the first quarter of the year, Warimpex Finanz- und Beteiligungs recorded a EUR 463,000 loss, an improvement on the EUR 5.4 mln loss in the same period of 2015.

Slow Q1 on the investment market

schedule 01 June 2016
Eurobuild CEE

EUROPE European investment activity fell by 14 pct y-o-y to EUR 45.6 bln in the first quarter of the year, according to Cushman & Wakefield’s latest market report.

Investment & finance

Valad sells Błonie park to P3

schedule 01 June 2016
Nathan North
managing editor

POLAND Valad Europe has completed the sale of Blonie Business Park outside Warsaw to P3 Logistic Parks.

Starwood acquisition under EU scrutiny

schedule 01 June 2016
Tomasz Szpyt-Grzegórski

WORLD The European Commission is to evaluate the acquisition of Starwood Hotels & Resorts by the Marriott group.

Investment & finance

Smyk finally in Bridgepoint’s hands

schedule 31 May 2016
Tomasz Szpyt-Grzegórski

POLAND Empik Media & Fashion has finalised the sale of Smyk to UK private equity group Bridgepoint.

Investment & finance

Pramerica changes name

schedule 31 May 2016
Tomasz Szpyt-Grzegórski

WORLD Pramerica Real Estate Investors is now operating under the name of PGIM Real Estate across all markets.

HB Reavis raises EUR 46 mln in bond issue

schedule 31 May 2016
Nathan North
managing editor

CZECH REPUBLIC Slovakian developer HB Reavis has announced the completion of its first unsecured EUR 46.2 mln (CZK 1.25 bln) bond issue on the Prague Stock Exchange.

I2 after the debut

schedule 30 May 2016
Eurobuild CEE

POLAND Wrocław-based residential developer I2 Development has listed on the Warsaw Stock Exchange today.

Prosta Tower up for sale

schedule 30 May 2016
Tomasz Szpyt-Grzegórski

POLAND Marvipol is negotiating the sale of Prosta Tower in Warsaw to a unnamed buyer that has exclusive purchasing rights to the property.

Investment & finance

Saller sells plot to Bricomarché

schedule 30 May 2016
Aneta Cichla

POLAND The Saller group, the investor and developer of a retail park project on ul. Południowa in Sulechów near Zielona Góra, has sold a neighbouring plot to Bricomarché.

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