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Investment & finance

Echo taken over for more than PLN 1.1 bln

schedule 17 June 2015
Tomasz Szpyt-Grzegórski

POLAND Michał Sołowow has sold his 41.55 pct stake in Kielce-based developer Echo Investment for PLN 1.114 bln (PLN 6.5 per share).

Orbis to issue bonds

schedule 17 June 2015
Aneta Cichla

POLAND Orbis has launched the subscriptions for a bond issue.

Investment & finance

ING to refinance Blue City

schedule 17 June 2015
Tomasz Szpyt-Grzegórski

POLAND ING Bank NV and ING Bank Śląski have provided a loan for the refinancing of the Blue City retail and office complex in Warsaw.

Savills partners up with Chinese investors

schedule 17 June 2015
Agata Kłapeć

WORLD Savills Group’s investment management company, Savills Investment Management, has entered into a joint venture with China Minsheng Investment Capital (CMIC), a part of the Chinese private investment company China Minsheng Investment, to invest in property assets through “a series of funds and investment vehicles” worldwide.

Investment & finance

Colliers spins itself into two

schedule 17 June 2015
Nathan North
deputy editor

WORLD Colliers International Group has announced the completion its separation into two independent, publicly traded companies: Colliers International Group Inc. (Colliers) and FirstService Corporation.

Won’t you buy me, Mercedes-Benz Plaza?

schedule 17 June 2015
Nathan North
deputy editor

RUSSIA Mercedes-Benz Plaza on Leningradskiy Prospect in Moscow has been acquired by the Region Group of Companies.

Invalda INVL increases assets under management

schedule 17 June 2015
Anna Pakulniewicz

LITHUANIA Invalda INVL now manages equity worth EUR 300 mln.

Investment & finance

Hines to buy “five or six” more Polish properties

schedule 16 June 2015
Agata Kłapeć

POLAND US property company Hines has closed its Luxembourg-based Hines Poland Sustainable Income Fund (HPSIF) at EUR 155 mln. The fund, whose portfolio currently includes three Warsaw office buildings, is aimed at acquiring five or six other properties in Poland.

Crowdfunding catching on

schedule 15 June 2015
Tomasz Szpyt-Grzegórski

POLAND The Mzuri group has launched another SPV company, Mzuri CFI 2, which is to buy a portfolio of apartments for rent under the crowdfunding model.

Sweco acquires Grontmij

schedule 15 June 2015
Agata Kłapeć

EUROPE Swedish engineering company Sweco is taking over all issued and outstanding ordinary shares of its Netherlands-based competitor Grontmij in an attempt to get a better access to the Western European markets and broaden its expertise.

White Stone Development takes over Fort Mokotów

schedule 12 June 2015
Ewa Andrzejewska

POLAND White Stone Development has purchased the buildings that make up the historic Fort Mokotów fortification at ul. Racławicka 99 in Warsaw.

Pbb Deutsche Pfandbriefbank to float shares on FWB

schedule 12 June 2015
Agata Kłapeć

EUROPE Pbb Deutsche Pfandbriefbank is planning a listing on the prime standard segment of the Frankfurt Stock Exchange (FWB) in July.

Remodeled Westgate Park Rudna sold

schedule 11 June 2015
Agata Kłapeć

THE CZECH REPUBLIC London-based fund manager Europa Capital has sold its 90,000 sqm Westgate Park Rudna logistics project near Prague to Prologis.

Investment & finance

Project Echo: mission almost accomplished

schedule 11 June 2015
Anna Pakulniewicz

POLAND Polish developer Echo Investment been officially taken over.

Investment & finance

PHN buys and leases Kaskada

schedule 11 June 2015
Tomasz Szpyt-Grzegórski

POLAND Polski Holding Nieruchomości (PHN) has bought a section of the Kaskada office building in central Warsaw from Bank Ochrony Środowiska (BOŚ).

Griffin wins and loses over Łazienki barracks plot

schedule 11 June 2015
Tomasz Szpyt-Grzegórski

POLAND The Warsaw appeals court has upheld a decision of the city council to rescind Griffin Real Estate’s perpetual usufruct rights for a plot neighbouring Łazienki Park, while the site development conditions for the land were also annulled by the administrative court.

Investment & finance

Polnord launches bond issue

schedule 10 June 2015
Tomasz Szpyt-Grzegórski

POLAND Residential developer Polnord has floated bonds worth PLN 50 mln as part of a bond issue programme of up to PLN 100 mln.

Investment & finance

Home Broker Business secures finance for KDP Group

schedule 09 June 2015
Aneta Cichla

POLAND Home Broker Business has negotiated PLN 23 mln in financing for developer KDP Group for the Huculska 5 residential project in Warsaw’s Mokotów district.

Europa Capital sells Wawer land plot

schedule 08 June 2015
Eurobuild CEE

POLAND British private equity fund manager Europa Capital has sold off a 25,975 sqm site in Warsaw’s Wawer district to a Polish residential developer, Eko Developments Polska.

Investment & finance

Yareal works on Nowogrodzka Square

schedule 08 June 2015
Ewa Andrzejewska

POLAND Yareal Polska is developing Nowogrodzka Square, a 11,000 sqm gla office building, which is to be erected between Al. Jerozolimskie and ul. Nowogrodzka in Warsaw. The construction work on the project is scheduled to start in Q4 2015 and last for app. 18 months.

Edition 5 (288) May 2024

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