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Investment & finance

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Lower revenue, higher profit for Echo

schedule 20 May 2014
Tomasz Szpyt-Grzegórski

POLAND In Q1 2014 the operating revenue of Echo Investment amounted to PLN 111.8 ml whereas its net profit was PLN 408.3 mln.

Investment & finance

LC Corp secures loan for Silesia Star

schedule 20 May 2014
Tomasz Szpyt-Grzegórski

POLAND LC Corp, which is developing the Silesia Star office building in Katowice, has obtained a PLN 62 mln loan from PKO BP bank for the financing of the project.

Investment & finance

P3 buys 22 ha east of Prague

schedule 19 May 2014
Nathan North
deputy editor

CZECH REPUBLIC PointPark Properties (P3) has bought a 22 ha site on the D11 motorway near Mstětice east of Prague for a new 120,000 sqm logistics park.

Emmerson Realty and Expander Advisors join forces

schedule 16 May 2014

POLAND Emmerson Realty has signed a contract for a pilot cooperation deal with Expander Advisors, a financial consultancy company and one of the largest loan brokers in Poland.

Erbud to focus on construction and power

schedule 16 May 2014
Ewa Andrzejewska

POLAND The Erbud group is to focus on expanding its construction and power sector division, the management board of the company has declared together with the publication of its Q1 results.

Ukraine crisis drags Redan results down

schedule 16 May 2014
Tomasz Szpyt-Grzegórski

POLAND In Q1 Redan’s net loss amounted to PLN 6.91 mln – three times as much as in the same period of 2013.

Investment & finance

Polimex-Mostostal still making losses

schedule 16 May 2014
Tomasz Szpyt-Grzegórski

POLAND In Q1 the Polimex-Mostostal group suffered a net loss of PLN 39.2 mln with revenue of PLN 412.4 mln.

MirLand increases revenues

schedule 15 May 2014
Rafał Ostrowski
journalist

RUSSIA MirLand Development Corporation has recorded a 134 pct y-o-y increase in revenues for the first quarter of 2014, from USD 11.8 mln (in Q1 2013) to USD 27.6 mln.

Investment & finance

Competition office agrees to Złote Tarasy ownership changes

schedule 15 May 2014
Tomasz Szpyt-Grzegórski

POLAND The Złote Tarasy retail and office complex in Warsaw, which is worth over PLN 2 bln, is undergoing further ownership changes.

AmRest enjoys period of growth

schedule 15 May 2014
Aneta Cichla

EUROPE Restaurant and fast-food operator AmRest, which runs such chains as Pizza Hut, KFC, Burger King and Starbucks, has published its financial results for Q1 2014.

Urban gardeners selling properties

schedule 15 May 2014
Tomasz Szpyt-Grzegórski

POLAND The Municipal Gardening Company (MPRO) in Warsaw is disposing of properties in the capital city.

CBRE increases revenue

schedule 12 May 2014
Rafał Ostrowski
journalist

WORLD International consultancy CBRE has recorded USD 1.9 bln in revenue for the first quarter of this year, which signifies a 26 pct increase from 1.5 bln in the corresponding quarter last year.

Investment & finance

Life on Mars

schedule 12 May 2014
Tomasz Szpyt-Grzegórski

POLAND The Mars FIZ fund, which is managed by MS TFI, has decided to establish two subsidiary investment funds: Mars Shipyards & Offshore and Mars Real Estate.

Capital Park invests in high streets

schedule 12 May 2014
Tomasz Szpyt-Grzegórski

POLAND Capital Park has purchased two retail units with a combined area of nearly 686.6 sqm located in Olsztyn and Warsaw.

Domus postpones Euronext IPO

schedule 09 May 2014
Nathan North
deputy editor

CZECH REPUBLIC Dutch-registered Czech residential developer Domus, the 100 pct shareholder of RPG Byty, has announced that it is postponing its IPO and listing on the Euronext market in Amsterdam “due to market conditions”.

Better results and profitability at Mirbud

schedule 09 May 2014
Aneta Cichla

POLAND Stock exchange-listed company Mirbud finished the first quarter with positive figures in all segments of its operations as well as a y-o-y improvement of over 2.23 pct in terms of sales profitability.

WAT secures loan for laboratories

schedule 07 May 2014
Tomasz Szpyt-Grzegórski

POLAND The Military University of Technology in Warsaw (WAT) has obtained a preferential loan of PLN 22.5 mln for the development of a number of modern research facilities.

CEE investment volumes keep rising

schedule 07 May 2014
Rafał Ostrowski
journalist

CEE REGION Around EUR 1.37 bln of investment transactions were concluded on the CEE market in Q1, according to JLL.

Budimex improves profitability

schedule 06 May 2014
Aneta Cichla

POLAND The successful limiting of the downward trend in terms of sales, improvements in the profitability of each level of operations, maintaining a high level of cash, as well as building the order portfolio for the next few years – this is how Q1 2014 for the Budimex group was summed up by the president of the board, Dariusz Blocher.

Investment & finance

Billions lying in the grass

schedule 06 May 2014
Tomasz Szpyt-Grzegórski

POLAND A politician who put up for sale a city park such as Pole Mokotowskie in Warsaw, Błonie in Kraków or the Ronald Reagan park in Gdańsk would be unlikely to be a popular choice for re-election.

Edition 11 (293) November 2024

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