Investment & finance

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Townhouse with Russian Embassy view up for sale

schedule 04 November 2014
Tomasz Szpyt-Grzegórski

POLAND Warsaw city council has put up for sale the former house and dressings factory of Rudolf Strzelecki at ul. Kujawska 1 in Mokotów district.

Investment & finance

NEPI buys EUR 148 mln Bucharest mall

schedule 03 November 2014
Agata Kłapeć

ROMANIA New Europe Property Investments (NEPI) has completed the acquisition of Promenada Mall, a 40,300 sqm Bucharest shopping mall owned by RE Project Development SRL and Manierita Limited, for EUR 148 mln.

Investment & finance

Globalworth gets EUR 30 mln refinancing for Bucharest tower

schedule 31 October 2014
Agata Kłapeć

ROMANIA Guernsey-based real estate investment company Globalworth has received a EUR 30 mln loan for its Bucharest office building, Tower Center International.

Investment & finance

Valad Europe to invest EUR 500 mln in new portfolio

schedule 31 October 2014
Tomasz Szpyt-Grzegórski

CZECH REPUBLIC/POLAND Valad Europe has teamed up with a new investor to build a EUR 500 mln property portfolio. The company has already made its first purchase in the Czech Republic.

Investment & finance

Nauta seeks for investor, take two

schedule 31 October 2014
Tomasz Szpyt-Grzegórski

POLAND In November, the Nauta shipyard will complete the first stage of choosing a developer for the Gdynia plot that the company is vacating as it moves to another location.

EBRD backs up Romanian cities

schedule 30 October 2014
Agata Kłapeć

ROMANIA The European Bank for Reconstruction and Development (EBRD) has granted a EUR 22.6 mln loan and a EUR 900,000 grant-based assistance to the Romanian city of Galați to help modernize its road and public transportat infrastructure.

Debt collector to sell Wilanów plot at auction

schedule 29 October 2014
Tomasz Szpyt-Grzegórski

POLAND Debt collector is set to auction off a parcel that was earmarked for an over 500-apartment estate in Warsaw’s Wilanów district.

Investment & finance

Matexi sells office and retail properties

schedule 29 October 2014
Tomasz Szpyt-Grzegórski

POLAND Development company Matexi Polska has singed three sales contracts for its commercial properties situated in Warsaw residential estates.

Investment & finance

'Opportunists' have EUR 1 bln to invest

schedule 27 October 2014
Tomasz Szpyt-Grzegórski

EUROPE/POLAND The UK opportunistic fund Resolution Property is planning to spend over EUR 1 bln (GBP 800 mln) on new European projects in the next two years. Poland is on its radar, too.

Investment & finance

Skanska sells Prague office building for EUR 20 mln

schedule 22 October 2014
Rafał Ostrowski
journalist

CZECH REPUBLIC Swedish developer Skanska Property has sold its Riverview office building in Prague to a fund managed by the global investment manager, Invesco Real Estate, for EUR 20 mln.

Investment & finance

EUR 190 mln Metropolitan changes hands

schedule 21 October 2014
Tomasz Szpyt-Grzegórski

POLAND Deutsche Asset & Wealth Management (DeAWM) has officially announced that it purchased the Metropolitan office building in Warsaw on behalf of its institutional investors. The transaction was financed by commercial property funds.

CEE commercial investment up 11 pct in Q3

schedule 21 October 2014
Aneta Cichla

CEE REGION In Q3 2014, commercial real estate investment volumes in the CEE have risen by 11 pct. y-o-y, according to the latest CBRE report.

NEPI increases activity across SEE markets

schedule 20 October 2014
Agata Kłapeć

ROMANIA South Africa-based developer New Europe Property Investments (NEPI) has bought the 17,900 sqm Aurora Shopping Mall located in the Romanian city of Buzău and a 3,200 sqm strip mall in Alba Iulia, the capital of the Romanian Alba county, for a total of EUR 10 million.

Investment & finance

Etalon enters strategic partnership with Sberbank

schedule 20 October 2014
Rafał Ostrowski
journalist

RUSSIA Residential developer Etalon Group has signed a strategic ten-year partnership agreement with Sberbank.

Investment & finance

ECE fund set up for Zielone Arkady in Bydgoszcz

schedule 17 October 2014
Anna Pakulniewicz

POLAND/EUROPE The first closing of the ECE European Prime Shopping Centre Fund II has taken place with more than EUR 500 mln having been raised.

Investment & finance

VÚB loans HB Reavis EUR 51 mln for Metronom

schedule 16 October 2014
Nathan North
managing editor (English section)

CZECH REPUBLIC Všeobecná úverová banka (VÚB) has provided HB Reavis with credit line of EUR 51 mln for the financing of its Metronom Business Center development in Prague.

Investment & finance

Mint buys Polygon

schedule 16 October 2014
Nathan North
managing editor (English section)

CZECH REPUBLIC Mint Investments has completed the acquisition of Polygon House in Prague for more than EUR 20 mln.

Etalon Group sells more in Q3, earns less in H1

schedule 15 October 2014
Rafał Ostrowski
journalist

RUSSIA In Q3 the sales of residential developer Etalon Group amounted to 1,960 contracts, which marks a 12 pct increase compared to the 1,752 recorded in the same period last year.

Waryński sells large Piaseczno plot

schedule 15 October 2014

POLAND MS Waryński sold a 7.77 ha site at ul. Kineskopowa 1 in Piaseczno near Warsaw. The land includes office and warehouse buildings.

Investment & finance

IKEA Retail Polska 14 pct up

schedule 15 October 2014
Aneta Cichla

POLAND IKEA Retail Polska has published its results for the 2014 financial year (from September 1st 2013 until August 31st 2014).

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