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Fosun enters Russian market

schedule 29 October 2015
Rafał Ostrowski
journalist

RUSSIA Chinese investment conglomerate Fosun has set up the Fosun Eurasia Capital company, which will be its new financial arm in Russia and neighbouring countries.

Investment & finance

Zabrze shopping centre changes hands

schedule 28 October 2015
Tomasz Szpyt-Grzegórski

POLAND Rockcastle-owned Bergamot has purchased the Platan shopping centre in Zabrze from IVG Institutional Funds for EUR 51.84 mln, which represents an initial yield of 6.9 pct.

Investment & finance

PHN sells two buildings

schedule 27 October 2015
Aneta Cichla

POLAND Polski Holding Nieruchomości (PHN) has signed preliminary agreements on the sale of two buildings in Warsaw’s Saska Kępa area.

Investment & finance

Erbud signs Echo deal

schedule 27 October 2015
Tomasz Szpyt-Grzegórski

POLAND Erbud will build the first stage of the Dom Pod Wilgą residential estate in Kraków.

Vantage gets loan for Warsaw resi project

schedule 27 October 2015
Tomasz Szpyt-Grzegórski

POLAND A subsidiary of Vantage Development has been granted an over PLN 84 mln PKO BP loan for the construction of a residential estate in Warsaw’s Służewiec Przemysłowy district.

Investment & finance

SPX Flow shifts production to Poland

schedule 27 October 2015
Agata Kłapeć

EUROPE US-based manufacturer of engineered flow components, process equipment and turn-key systems SPX Flow is set to open an app. 27,800 sqm production facility in Poland’s Bydgoszcz in 2016.

Investment & finance

Vatican approves Warsaw tower

schedule 27 October 2015
Tomasz Szpyt-Grzegórski

POLAND Archdiocese of Warsaw and the St Barbara parish in central Warsaw have been given permission to take part in a development SPV. As part of the venture, a 170m office skyscraper is planned to be built at the heart of the city centre.

Prague's Harfa refinanced

schedule 27 October 2015
Eurobuild CEE

CZECH REPUBLIC C&R Developments has signed a five-year EUR 96 mln loan agreement with two banks: Česká spořitelna and Komerční banka to refinance its Harfa mixed-use project in Prague.

Investment & finance

Eften fund goes public

schedule 27 October 2015
Anna Pakulniewicz

ESTONIA Estonian fund manager Eften aims to raise up to EUR 36 mln from an IPO.

Segro posts strong Q3 results

schedule 22 October 2015

EUROPE In the third quarter the British-based warehousing developer Segro has contracted GBP 10.6 mln new lease deals, up from GBP 6.5 mln in Q3 2014, the company’s strongest quarterly performance since 2012.

Rogowski Development to buy land in Warsaw

schedule 21 October 2015
Ewa Andrzejewska

POLAND Residential developer Rogowski Development has got PLN 15 mln financing for the purchase of plots in Warsaw.

Polimex back on the trading floor

schedule 20 October 2015

POLAND On October 14th shares in Polimex-Mostostal company, which had been listed on the Warsaw Stock Exchange since October 1997, has been listed in continuous trading again after suspending trading on October 1st.

Investment & finance

RREEF poised to buy Stary Browar

schedule 20 October 2015
Aneta Cichla

POLAND RREEF Investment has filed an application to the Office of Competition and Consumer Protection (UOKiK) to acquire the Stary Browar shopping centre in Poznań.

Investment & finance

Accor posts healthy Q3 results

schedule 20 October 2015
Agata Kłapeć

WORLD In Q3 2015, French hotelier Accor Group has seen a 2.4 pct y-o-y increase in revenues, to EUR 1.49 bln. In terms of like-for-like (LFL) results, the Group’s revenues went up 3.4 pct.

Investment & finance

Atrium granted EUR 125 mln loan

schedule 19 October 2015
Nathan North
deputy editor

CEE REGION Shopping centre developer, owner and manager Atrium European Real Estate has been granted a five-year unsecured revolving loan for EUR 125 mln from a syndicate of ING Bank, Citibank and HSBC.

Investment & finance

Adgar obtains refinancing loans

schedule 16 October 2015
Aneta Cichla

POLAND Adgar Poland has been granted a refinancing package by BZ WBK amounting to EUR 75.2 mln. The agreement comprises two loans: the first, taken out for ten years, amounting to EUR 54.3 mln; and the second EUR 20.9 loan taken out for seven years, including EUR 10.5 mln of additional funding.

Investment & finance

Fifth building added to Apartments for Rent Fund

schedule 16 October 2015
Aneta Cichla

POLAND BGK Nieruchomości has bought its fifth apartment block through the Apartments for Rent Fund. The new acquisition is located on ul. Gen. Pułaskiego in Katowice, with the seller being HM Inwest.

Investment & finance

Hillwood becomes co-owner of 7R warehouses

schedule 16 October 2015
Aneta Cichla

POLAND Hillwood Europe, the investment division of an American fund Hillwood Investment Properties for Europe, has become the co-owner of three warehouses located in Gdańsk-Kowale.

Redan sees higher turnover

schedule 15 October 2015
Tomasz Szpyt-Grzegórski

POLAND The turnover of Redan Group rose by 8 pct to PLN 45 mln in September, compared to the same month last year.

Rockspring raises EUR 217.5 mln for new fund

schedule 15 October 2015
Eurobuild CEE

EUROPE UK-based fund manager Rockspring Property Investment Managers has closed the first round of the Rockspring TransEuropean VI fund raising at EUR 217.5 mln.

Edition 4 (287) April 2024

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