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Investment & finance

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Investment & finance

Hard working Q1 for Capital Park

schedule 22 May 2015
Aneta Cichla

POLAND The Capital Park group launched a number of new projects in Q1.

Investment & finance

German co-op banks to take over Riviera

schedule 21 May 2015
Rafał Ostrowski
journalist

POLAND Union Investment Real Estate is about to acquire the Riviera shopping centre on ul. Kazimierza Gróskiego 2 in Gdynia.

Investment & finance

Secure Property buys Romanian and Bulgarian portfolio

schedule 21 May 2015
Agata Kłapeć

ROMANIA/ BULGARIA Secure Property Development & Investment, a Cyprus-based SEE-focused real estate investment company is acquiring a series of retail, residential and office assets across Romania and Bulgaria.

Robyg redeems bonds

schedule 21 May 2015
Aneta Cichla

POLAND The Robyg group is to prematurely redeem some of J-series bonds secured by the mortgage on a property owned by Robyg Mokotów Investment (a company set up to carry out a residential project on a plot between ul. Puławska and al. Wilanowska).

Investment & finance

Enterprise Park sold to Tristan fund

schedule 19 May 2015
Rafał Ostrowski
journalist

POLAND The European Property Investors Special Opportunities 3 LP (EPISO 3) fund, advised by Tristan Capital Partners, in a joint venture with Avestus Real Estate Avestus, has acquired the Enterprise Park office building in Kraków.

AXA starts flexible equity and debt property fund

schedule 19 May 2015
Agata Kłapeć

WORLD Asset management company AXA Investment Managers has launched the AXA WF Global Flexible Property fund that aims to mimic the liability side of a real estate company's balance sheet and enable fund managers to seek a return profile similar to that of a direct real estate investment.

Murapol shops for plots in Łódź

schedule 18 May 2015
Tomasz Szpyt-Grzegórski

POLAND Bielsko-Biała based developer Murapol has finalised a preliminary purchase agreement for a plot on al. Marszałka Józefa Piłsudskiego and ul. Sobolowa in Łódź.

Investment & finance

GTC sees healthy Q1 growth

schedule 18 May 2015
Agata Kłapeć

CEE REGION In the first quarter 2015, GTC’s net profit increased to EUR 8 mln, from a net loss of EUR 2 mln registered in Q1 2014, as the company disposed of three Polish and Romanian assets.

LPP suffers losses on currencies, renegotiates rentals

schedule 15 May 2015
Eurobuild CEE

POLAND In Q1 2015, the LPP fashion retail group has seen its total sales increasing by 6 pct y-o-y, to PLN 1 bln. At the same time LPP generated a PLN 23.7-mln operational profit, a significant drop from PLN 48.4 mln last year, while the group’s revenues from comparable stores fell by 0.7 pct, excluding changes in local currency rates.

Investment & finance

Małpka lands in Forteam portfolio

schedule 15 May 2015
Aneta Cichla

POLAND The sales of Małpka, the operator of the Małpka Express food store chain, has now been completed. Its new owner is Forteam Investments.

EUR 2.9 bln Romanian fund debuts on LSE

schedule 14 May 2015
Agata Kłapeć

ROMANIA/ UNITED KINGDOM Fondul Proprietatea, a EUR 2.9 bln Romanian closed-end fund managed and co-owned by Franklin Templeton Investments, has floated on the London Stock Exchange.

Wrocław granary to house apartments and offices

schedule 13 May 2015
Aneta Cichla

POLAND Wrocław-based developer i2 Development has purchased a plot with a historical granary at ul. Księcia Witolda 46 in Wrocław. The company now plans on modernizing the building which previously belonged to the city of Wrocław and developing a residential and office complex on the 0.5-ha plot.

Investment & finance

Investor found for first part of Gdynia Waterfront

schedule 13 May 2015
Nathan North
deputy editor

POLAND Around 2 ha of the former Nauta ship repair yard in Gdynia, which is to be revitalised as the Gdynia Waterfront project, has been sold and the sale of the remaining area of Stocznia Remontowej Nauta is currently being negotiated.

Marvipol buys Białołęka plots

schedule 13 May 2015
Tomasz Szpyt-Grzegórski

POLAND Marvipol has signed a PLN 25 mln preliminary purchase agreement on app. 5.3-ha parcels located in Warsaw’s Białołęka district.

Investment & finance

Warsaw Europlex changes hands

schedule 12 May 2015
Tomasz Szpyt-Grzegórski

POLAND The AICEE II fund, which is managed by Akron Group, has sold the Europlex office and retail complex on ul. Puławska to Lone Star.

Investment & finance

Deal struck to merge DTZ with C&W after Agnellis sell out

schedule 11 May 2015
Nathan North
deputy editor

WORLD Cushman & Wakefield has been sold by Italian investment group Exor to the consortium that owns DTZ in a deal worth USD 2.042 bln. The real estate services company is now to be merged with DTZ under the Cushman & Wakefield brand, forming a company that will have revenues of over USD 5.5 bln, more than 43,000 employees and will manage more than 370 mln sqm globally on behalf of institutional, corporate and private clients.

Investment & finance

Tristan closer to closing latest fund

schedule 09 May 2015
Tomasz Szpyt-Grzegórski

EUROPE Tristan Capital Partners is half way towards fully investing its European Property Investors Special Opportunities 4 (EPISO 4) fund.

Investment & finance

Pokrovskiy Posad mall to be sold

schedule 08 May 2015
Rafał Ostrowski
journalist

UKRAINE Nest is negotiating the sale of a shopping centre in the Pokrovskiy Posad residential project, in Kyiv’s Shevchenko district.

Investment & finance

Ghelamco to issue PLN 100 mln in bonds

schedule 08 May 2015
Tomasz Szpyt-Grzegórski

POLAND Ghelamco Invest is planning to issue F-series bonds in its third public bond issue programme.

Investment & finance

Direkt Invest Polen dismisses Elbfonds management

schedule 07 May 2015
Rafał Ostrowski
journalist

POLAND Direkt Invest Polen Funds 2,3,5,7 have changed their fund management from Elbfonds Verwaltung to Hamburg-based manager Elbtreuhand Immobillien Fondsverwaltungsgesellschaft.

Edition 11 (293) November 2024

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