Investment & finance

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Investment & finance

CA Immo disposes of massive H&M logistics centre

schedule 17 September 2015

EUROPE Vienna-based developer CA Immo has sold the 114,500 sqm key regional H&M distribution hub in Hamburg to funds controlled and managed by ADF Asset Management for over EUR 100 mln.

Investment & finance

Segro extends Czech portfolio

schedule 14 September 2015
Eurobuild CEE

CZECH REPUBLIC Segro has completed the EUR 8.4 mln acquisition of a 11,800 sqm warehousing property from Damco Czech Republic, which is a part of the Maersk Group.

Good year for Goodman

schedule 14 September 2015
Eurobuild CEE

CEE REGION As of the end of the 2015 fiscal year, Goodman’s CEE assets under management have reached 833,000 sqm, up 68 pct on the previous year.

Tender for Bemowo site at Military University of Technology

schedule 09 September 2015
Tomasz Szpyt-Grzegórski

POLAND The Military University of Technology (WAT) has invited tenders for the sale of a 5.3 ha site in Warsaw’s Bemowo district.

GTC to raise PLN 0.5 bln from the market

schedule 09 September 2015
Eurobuild CEE

CEE REGION Warsaw-listed developer GTC plans on issuing over 108 mln Series K shares potenitally worth app. PLN 590 mln in total. The company’s prospectus has been already approved by the Securities Commission and publicized.

Piast to change owner

schedule 08 September 2015
Ewa Andrzejewska

POLAND Mostostal Zabrze Gliwickie Przedsiębiorstwo Budownictwa Przemysłowego is to sell the Piast hotel as part of the restructuring of the assets of the Mostostal Zabrze group.

Investment & finance

Tesco to wind down CEE operations?

schedule 08 September 2015
Agata Kłapeć

WORLD/ CEE REGION Struggling British grocer Tesco is reportedly considering selling off its CEE business, according to the sources approached by Bloomberg.

Investment & finance

New foreign investor could buy Eurocentrum

schedule 07 September 2015
Anna Pakulniewicz

POLAND Four buildings in the Eurocentrum office complex in Warsaw are to be sold next year and the Royal Wilanów office building is to be sold by 2018, according to the developer of the projects, Capital Park.

Orbis sells Warsaw plot

schedule 07 September 2015
Tomasz Szpyt-Grzegórski

POLAND Orbis has signed a preliminary agreement for the sale of land at ul. Łopuszańska 47 in Warsaw.

Investment & finance

Eastern Europe and Asia boost Auchan sales

schedule 08 September 2015
Eurobuild CEE

WORLD In H1 2015, Groupe Auchan has seen a 3.4 pct y-o-y increase in consolidated revenue, to EUR 26.9 bln, mostly driven by the Eastern European and Asian sales.

Yields and investment flat as Ukrainian uncertainty continues

schedule 08 September 2015
Nathan North
managing editor (English section)

UKRAINE In the first half of 2015, total secondary investment volume on the Ukrainian property market amounted to only around USD 40 mln, according to a report by DTZ.

Investment & finance

CPI to sell Živnobanka building to Chinese giant

schedule 07 September 2015
Nathan North
managing editor (English section)

CZECH REPUBLIC CPI Property Group has entered into a preliminary agreement to sell to CEFC China Energy Company Limited the historic former Živnobanka (Živnostenská bank) building in Prague.

Investment & finance

Eurocentrum up for sale

schedule 06 September 2015
Eurobuild CEE

POLAND Capital Park has decided to sell the Eurocentrum Office Complex in Warsaw.

Investment & finance

Krokus to change hands

schedule 03 September 2015
Aneta Cichla

POLAND The Krokus shopping centre in Kraków could be about to be sold, according to information obtained by ‘Eurobuild CEE’.

Rockcastle gets USD 90 mln for Polish malls

schedule 03 September 2015
Agata Kłapeć

WORLD Mauritius-registered Rockcastle has raised app. USD 90 mln through the issue of new ordinary shares in a one-day accelerated bookbuild aimed at financing acquisitions, including the recent Polish retail transactions.

Investment & finance

Intersport happy with H1

schedule 02 September 2015
Aneta Cichla

POLAND The Intersport Polska chain of sports goods stores had a successful H1 2015.

Erbud doubles profit

schedule 02 September 2015
Rafał Ostrowski
journalist

POLAND In the first half of the year the Erbud group enjoyed a 96 pct growth in profit, up to PLN 16.3 mln, compared to the same period last year. In H1 its sales revenue increased from PLN 709.1 mln to PLN 839.1 mln and its EBIT margin from 2.34 pct to 3.06 pct.

Investment & finance

Warimpex: No spec projects in Russia, but purchases elsewhere

schedule 02 September 2015
Anna Pakulniewicz

RUSSIA/POLAND/CZECH REPUBLIC Warimpex is willing to buy projects in Poland and the Czech Republic. It is not pulling out of Russia, but is not going to build speculative projects.

Investment & finance

C&W and DTZ merger completed

schedule 02 September 2015
Anna Pakulniewicz

WORLD The merger between Cushman & Wakefield and DTZ was successfully completed on September 1st, Cushman & Wakefield has announced.

Łódź SEZ to become 33.6 ha bigger

schedule 31 August 2015
Aneta Cichla

POLAND A plot at ul. Pryncypalna 94 in Łódź is to be added to the Łódź Special Economic Zone (ŁSSE).

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