Investment & finance

RSS
Investment & finance

Kazimierz Office Center sold

schedule 29 May 2015
Tomasz Szpyt-Grzegórski

POLAND Globe Trade Centre has signed a final agreement on the EUR 42 mln sale of Kazimierz Office Center, the developer informed.

Americans shopping in the CEE region

schedule 29 May 2015
Rafał Ostrowski
journalist

CEE REGION Lone Star Real Estate Fund III has bought a portfolio of ten commercial assets in Central and Eastern Europe from a fund owned by Aviva Investors Central European Property Fund for app. EUR 185 mln.

Investment & finance

Raiffeisen Polbank to finance new Karuzela

schedule 29 May 2015
Aneta Cichla

POLAND Raiffeisen Polbank has granted a loan to the investor of the Karuzela shopping centre that is currently being developed in Września.

Lone Star increases share in GTC

schedule 28 May 2015
Aneta Cichla

POLAND Subscriptions are now taking place for the sale of the Globe Trade Centre (GTC) shares after a call announced by Lone Star, which is the company’s majority shareholder.

Investment & finance

Echo aims to start 17 projects this year

schedule 27 May 2015
Tomasz Szpyt-Grzegórski

POLAND Kielce-based developer Echo Investment intends to launch 17 new project this year, investing mainly in the residential and office sectors. The plans include three retail developments.

Investment & finance

HB Reavis grows strong in CEE

schedule 27 May 2015
Aneta Cichla

CEE REGION In 2014 HB Reavis Group generated a EUR 89 mln consolidated net profit, which accounted for a 26 pct y-o-y growth. At the same time the company recorded a 29 pct increase in operating profit, to EUR 132.6 mln, while its total assets increased by 18 pct, to EUR 1.8 bln and total shareholder equity reached EUR 933 mln.

Magyar Telekom trims office space, builds 55,000 sqm headquarters

schedule 27 May 2015
Agata Kłapeć

HUNGARY Hungary’s largest telecommunications company Magyar Telekom, a subsidiary of Deutsche Telekom, has signed an agreement with the Hungarian development company Wing Group on the construction of its new 55,000 sqm Budapest headquarters and the sale of the existing main offices.

Investment & finance

UBM to sell large office and hotel portfolio

schedule 26 May 2015
Tomasz Szpyt-Grzegórski

POLAND/EUROPE Vienna-based development company UBM is putting up for sale a portfolio of 17 non-core European properties, which include Warsaw’s Poleczki Business Park office complex.

Investment & finance

European Commission OKs Echo Investment acquisition

schedule 25 May 2015
Tomasz Szpyt-Grzegórski

EUROPE European Commission has approved Griffin Topco III’s and LVS II Lux XX’s joint acquisition of 41.55 pct of the Echo Investment shares that currently belong to the development company’s founder, Michał Sołowow.

Investment & finance

Tristan seeks buyers for GBP 1.5 bln retail portfolio

schedule 22 May 2015
Agata Kłapeć

EUROPE London-based real estate investment fund manager Tristan Capital is exploring the option of selling a GBP 1.5 bln European retail portfolio comprised of 35 properties, a fifth of which is located in Poland, on an off-market basis, informs ‘Property Week’.

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.

Read flipbook version

Edition 5 (298) May 2025

Categories

Your order
Your data
Number of access accounts
Each account provides independent access on one device. You will be able to create additional access accounts in the account settings.
Invoicing data
Order summary
Net price
Access accounts #
Net order
VAT (%)
Gross order
Payment security is ensured

Don`t miss out the current edition