Investment & finance

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Investment & finance

Prologis buys logistics park from Skanska

schedule 29 May 2014
Rafał Ostrowski
journalist

CZECH REPUBLIC Prologis has acquired from Skanska the R6 Logistics Park, located app. 20 km northwest of Prague, close to Prague Václav Havel Airport.

Investment & finance

Poland a favourite of global investors

schedule 28 May 2014
Tomasz Szpyt-Grzegórski

POLAND Investors consider Poland to be one of the most important global markets, ahead of Japan, Canada, Holland, Belgium and Sweden in this respect – according to the ‘KPMG Real Estate Invest Survey – An Outlook for 2014’ report.

Investment & finance

Blackstone buys EUR 118.2 mln Polish portfolio

schedule 28 May 2014
Rafał Ostrowski
journalist

POLAND Blackstone’s European logistics platform Logicor has bought a EUR 118.2 mln Polish logistics portfolio from Standard Life Investments Select Property Fund.

Investment & finance

Carrefour looking to sell concept for 10 ha in Gliwice

schedule 28 May 2014
Aneta Cichla

POLAND Carrefour and Krakinwest have created a concept for the development of a 10 ha site owned by Carrefour Polska in Gliwice.

Successful start to the year for Marvipol

schedule 27 May 2014
Aneta Cichla

POLAND Automotive and development group Marvipol generated a net profit of PLN 19.7 mln in Q1, compared to PLN 5.8 mln in the same period in 2013.

Investment & finance

IVG sells StefániaPark

schedule 23 May 2014
Rafał Ostrowski
journalist

HUNGARY IVG has sold the StefániaPark office building located in the fourteenth district of Budapest.

Liebrecht & Wood sells Romanian PM business

schedule 23 May 2014
Rafał Ostrowski
journalist

ROMANIA The Romanian branch of the Liebrecht & Wood Group has sold its property management company WeCare to the group’s former partners.

Investment & finance

Nay says yes to Electro World acquisition

schedule 20 May 2014
Nathan North
managing editor

CZECH/SLOVAKIA Slovakian electronic goods retail group Nay has signed an agreement with UK network Dixons Retail to buy the Czech and Slovak stores of Electro World.

Investment & finance

Revetas “close to buying" Vitantis

schedule 20 May 2014
Nathan North
managing editor

ROMANIA Revetas Capital is negotiating the purchase of the Vitantis Shopping Center in Bucharest from investment fund Equest Balkan Properties (EBP), according to Mediafax.

Investment & finance

PHN still alone in Port Rybacki

schedule 20 May 2014

POLAND PHN is continuing work on the Domaniewska Office Hub building and has finished an office project on ul. Foksal (both in Warsaw), and is continuing the Wrocław Industrial Park development together with Segro – according to a company report.

Robyg leads the way in sales

schedule 20 May 2014
Aneta Cichla

POLAND In Q1 2014 the Robyg group sold 576 apartments net (90 pct more than in the same period a year earlier) – more than any other Polish developer over the quarter.

J.W. Construction enjoys Q1 sales growth

schedule 20 May 2014

POLAND In the first quarter of 2014 J.W. Construction Holding, sold 248 housing units.

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
managing 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.

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