Investment &amp; finance

Rafał Ostrowski
journalist

Andy Rofe, the managing director of Invesco Real Estate in Europe, believes that the property repricing a Brexit would cause could represent a buying opportunity for investors.

Hotel to be built on ul. Chmielna

Ewa Andrzejewska

POLAND A plot at ul. Chmielna 89 in the centre of Warsaw is to be sold by Kulczyk Real Estate Holding to Green House Development, Eurobuild CEE has discovered.

Feniks financed

POLAND An SPV company of the Soho Development group has acquired financing for the Feniks building, which is being developed as part of the Soho Factory complex in Warsaw’s Praga-Południe district.

Contractor sells developer

POLAND Construction company Erbud is selling its development company subsidiary, Budlex of Toruń.

Vantage to build estate near Magnolia Park

POLAND Vantage Development has signed a preliminary deal for the purchase of a plot for a new estate to be built on ul. Małopanewska in Wrocław, near the Magnolia Park shopping centre.

HB Reavis sells logistics portfolio to Macquarie

CZECH REPUBLIC/SLOVAKIA HB Reavis Group and the HB Reavis CE REIF fund have jointly sold a 132,000 sqm portfolio of logistics centres in the Czech Republic and Slovakia to Macquarie Infrastructure and Real Assets, part of the Macquarie Group, for EUR 79 mln.

EUR 117 mln loan for Janki extension

POLAND Pbb and HSBC have jointly underwritten a EUR 117 mln investment and development facility for the Centrum Janki shopping centre on Warsaw’s south-western outskirts.

Victoria Dom raises PLN 20 mln from bonds

POLAND Warsaw-based residential developer Victoria Dom has placed 20,000 four-year secured corporate bonds with a value of PLN 20 mln.

Rank Progress loan for bonds – but no dividend

POLAND Rank Progress has revealed that it has secured loans worth PLN 106.3 mln from Bank Ochrony Środowiska.

HB Reavis issues first Czech bonds

16 June 2016

Eurobuild CEE

CZECH REPUBLIC Slovak developer HB Reavis has completed its first issue of EUR 46.2 mln unsecured bonds on the Czech capital market. This brings the total funds raised by HB Reavis on Central European capital markets since November 2013 to almost EUR 150 mln.

450 new properties for sale

15 June 2016

POLAND Orange Polska is planning to sell another 450 properties across Poland. These will mainly be located in Warsaw and its immediate area as well as many other places across the country.

Realia and Ober-Haus in new hands

14 June 2016

THE BALTICS Realia Group, a real estate management and brokerage services provider, is to be acquired by Altor Fund IV.

KGAL buys Eiffel

14 June 2016

HUNGARY German-based asset and investment manager KGAL has bought the Eiffel Square office building in central Budapest from Europa Capital and local partners ConvergenCE, for an undisclosed sum.

Kotva sale to PSN completed

14 June 2016

CZECH REPUBLIC The sale of the Kotva shopping centre in Prague to Pražská Správa Nemovitostí (PSN), a company owned by property magnate Václav Skala, has now been finalised.

Agrowill Group sells all its land

07 January 2016

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.

Redan founder plans de-listing

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.

PST sells Vilnius office project

07 June 2016

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

Financing for Amazon warehouses purchase in place

07 June 2016

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

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.