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Russian real estate investment hit USD 1.4 bln in H1

schedule 14 July 2014
Rafał Ostrowski
journalist

RUSSIA In the first half of the year, the Russian real estate investment volumes have amounted to USD 1.4 bln, a 59 pct y-o-y drop, according to a study conducted by JLL.

Griffin with EUR 200 mln to lend

schedule 11 July 2014
Tomasz Szpyt-Grzegórski

POLAND Griffin Group has just closed its EUR 200 mln debt fund. The investment group, known for its opportunistic approach towards new purchases and a long record of large developments in Poland, will now be competing with banks by lending money to the real estate borrowers.

Investment & finance

Czech investment up 36 pct in H1 – CBRE

schedule 11 July 2014
Nathan North
deputy editor

CZECH REPUBLIC Total investment volumes in Czech real estate increased by 36 pct y-o-y in the first half of the year to EUR 673 mln, according to CBRE.

UBM sells Warsaw property

schedule 10 July 2014
Tomasz Szpyt-Grzegórski

POLAND Austrian developer UBM has sold a property located next to its Parkur Tower office building in Warsaw’s Służewiec district for app. EUR 4 mln.

Investment & finance

Inpro group sales grows 40 pct in H1 2014

schedule 10 July 2014
Aneta Cichla

POLAND In the first half of the year, the Inpro Group have seen a 40 pct y-o-y growth in apartment pre-sales (a net number of all preliminary contracts signed).

Investment & finance

Plaza Centers rescue plan given green light

schedule 10 July 2014
Agata Kłapeć

CEE REGION Struggling shopping-centre developer Plaza Centers has received court approval for its debt restructuring plan, the company announced.

Investment & finance

Revetas acquires City Center Sofia

schedule 10 July 2014
Rafał Ostrowski
journalist

BULGARIA Real estate investment fund Revetas I has purchased the City Center Sofia shopping mall (CCS) in Sofia.

Investment & finance

Orco to delist from Prague Stock Exchange

schedule 10 July 2014
Nathan North
deputy editor

CZECH REPUBLIC Orco Property Group has decided to delist all of its 114,507,629 ordinary shares from the regulated market of the Prague Stock Exchange.

EUR 215 mln refinancing for P3 portfolio

schedule 10 July 2014
Nathan North
deputy editor

POLAND/CZECH REPUBLIC/SLOVAKIA Pbb Deutsche Pfandbriefbank and UniCredit Bank Austria have jointly underwritten a EUR 215 mln loan to refinance PointPark Properties´ (P3’s) existing logistics portfolio in the Czech Republic, Slovakia and Poland.

Investment & finance

EU provides funds for Bydgoszcz station

schedule 10 July 2014
Tomasz Szpyt-Grzegórski

POLAND Centrum Unijnych Projektów Transportowych (the Centre for EU Transport Projects) has agreed to provide EU funds to the Polish State Railways (PKP) for the modernisation of the Bydgoszcz Główna railway station.

Kleba Invest not only building but selling

schedule 09 July 2014
Aneta Cichla

POLAND Kleba Invest, a developer of small retail facilities, has sold one of its properties.

EFH faces repudiation of PKO BP loan

schedule 09 July 2014
Aneta Cichla

POLAND Hotel operator Europejski Fundusz Hipoteczny (EFH) will have to repay its PKO BP loan. The bank has just repudiated its investment loan contract with the EFH's subsidiary, Masuria Hotel. The loan was supposed to finance the repayment of liabilities and extension of a hotel facility in Worliny.

Echo issues another tranche of bonds

schedule 09 July 2014
Aneta Cichla

POLAND Warsaw-listed developer Echo Investment has issued another tranche of its public bonds. Series B includes 250,000 two-year bonds priced at PLN 100 (EUR 24) each.

Investment & finance

Unibep continues to support Layetana

schedule 09 July 2014
Aneta Cichla

POLAND Another stage of construction work on the Mozaika Mokotów residential devlopment, located on ul. Cybernetyki in Warsaw, will be carried out by Unibep, the companies announced.

Investment & finance

Echo buys Warsaw Brewery for EUR 42 mln

schedule 09 July 2014
Tomasz Szpyt-Grzegórski

POLAND Kielce-based developer Echo Investment has acquired a plot of almost 4.4 ha in the centre of Warsaw. Situated between ul. Grzybowska, ul. Wronia, ul. Chłodna and ul. Krochmalna, the historic area that once accommodated Warsaw Brewery will now be adapted for a multi-million office and residential investment. The value of the transaction is EUR 42 mln.

Riverview plot in Kraków has new owner

schedule 09 July 2014

POLAND Real estate agency Leach & Lang has sold off a 1.5 ha land plot located on ul Bajeczna in Kraków.

Warsaw obtains EUR 240 mln loan to boost infrastructure

schedule 09 July 2014
Agata Kłapeć

POLAND The European Investment Bank (EIB) will lend EUR 240 mln (PLN 1 bln) for Warsaw municipal infrastructure projects. The funds will support the city’s 2014-2019 investment programme and contribute to creating the long-awaited mobility schemes, education, social and healthcare infrastructure as well as modernizing public and green spaces.

European investment on the rise in Q2

schedule 08 July 2014
Rafał Ostrowski
journalist

CEE REGION In Q2 2014, the volume of commercial real estate investment across the Central European markets (Poland, the Czech Republic, Slovakia, Hungary and Romania) amounted to EUR 1.14 bln, which represented a 75 pct increase y-o-y, a new report by Cushman & Wakefield shows.

Investment & finance

BGK to provide majority of funding for Bałtyk

schedule 08 July 2014
Aneta Cichla

POLAND Bałtyk, an office and retail building in Poznań, will be mainly funded by the Polish Investments Programme, coordinated by Bank Gospodarstwa Krajowego (BGK). A portion of the funding will also come from a European initiative supporting urban development, Jessica.

Investment & finance

Okam eyes large land plot in Praga

schedule 07 July 2014
Tomasz Szpyt-Grzegórski

POLAND The Polish-Israeli developer Okam is interested in purchasing a 4.3-h plot of land in Warsaw district of Praga. Located on ul. Szwedzka, the parcel has formerly housed Pollena Uroda’s manufacturing facilities. It could now accommodate nearly 1,000 apartments and some office space.

Edition 11 (293) November 2024

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