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Investment & finance

Warsaw goes to Cannes

schedule 04 March 2014

POLAND The city of Warsaw is to have a stand at the upcoming MIPIM fair in Cannes. The city will be showcasing both commercial projects and investment land offered for sale.

Investment & finance

Finance for Forum Poprad

schedule 04 March 2014
Nathan North
deputy editor

SLOVAKIA VÚB Banka and Slovenská Sporiteľňa are to provide finance for the development of the Forum Poprad shopping centre in Poprad in the High Tatras.

Investment & finance

Creative centre sold to Butembo

schedule 04 March 2014

ESTONIA The Telliskivi Loomelinnak creative centre in Tallinn has been sold for EUR 4.8 mln by the Eastern Europe Real Estate Investment Fund (EEREIF) to Swedish company Butembo, according to Estonian media.

Soros takes stake in IGD

schedule 04 March 2014

EUROPE Soros Fund Management, owned by the billionaire George Soros, has bought a 5 pct stake in Immobiliare Grande Distribuzione (IGD), the owner of Romanian shopping centre manager Winmarkt.

Investment & finance

IKEA planning to invest EUR 2 bln in Russia

schedule 04 March 2014
Rafał Ostrowski
journalist

RUSSIA Swedish furniture giant IKEA is planning to invest EUR 2 bln into its business in Russia by 2020.

Many orders for Mirbud

schedule 04 March 2014
Aneta Cichla

POLAND Construction and development group Mirbud’s order portfolio for 2014 is worth PLN 800 mln.

Investment & finance

Plot for sale after litigation

schedule 04 March 2014
Tomasz Szpyt-Grzegórski

POLAND A 16.2 ha site at ul. Żwirki i Wigury 2b near the Fryderyk Chopin Airport in Warsaw is to be put up for sale.

Investment & finance

Twelve projects planned by Echo

schedule 04 March 2014
Tomasz Szpyt-Grzegórski

POLAND Echo Investment generated revenue of PLN 309 mln in 2013. This year the group is planning to start twelve projects, including six office developments and six residential estates.

New player on Polish investment market

schedule 28 February 2014
Aneta Cichla

POLAND Commercial real estate fund manager Palmer Capital is opening an office in Warsaw.

Metro Cash & Carry Russia prepares for IPO

schedule 28 February 2014
Rafał Ostrowski
journalist

RUSSIA German retailer and distributor Metro intends to divest up to 25 pct of its shareholding in its Russian subsidiary.

Wojskowe Przedsiębiorstwo Handlowe to be privatised

schedule 27 February 2014
Tomasz Szpyt-Grzegórski

POLAND The Polish government is looking for investors interested in the acquisition of the Wojskowe Przedsiębiorstwo Handlowe company.

New project on pl. Trzech Krzyży

schedule 27 February 2014
Tomasz Szpyt-Grzegórski

POLAND Two properties at the junction of ul. Mokotowska and ul. Hoża (pl. Trzech Krzyży) in Warsaw have been acquired by a newly established company which is now working on an architectural concept for the site.

Erbud sees order portfolio increase

schedule 27 February 2014
Tomasz Szpyt-Grzegórski

POLAND At the end of 2013 Erbud had an order portfolio worth app. PLN 1.6 bln, app. PLN 1.2 bln of which is to be built this year.

Investment & finance

Sfinks says farewell to Czechs

schedule 27 February 2014
Aneta Cichla

POLAND/CZECH REPUBLIC Sfinks Polska subsidiary Sfinks Czech & Slovakia has been liquidated by the courts due to bankruptcy.

Investment & finance

PHN to sell historic Warsaw villa

schedule 27 February 2014

POLAND Polski Holding Nieruchomości is selling a villa on ul. Filtrowa in Warsaw’s Stara Ochota district.

Investment & finance

Brno says yes to Amazon

schedule 27 February 2014
Nathan North
deputy editor

CZECH REPUBLIC Brno city council has signed an agreement with local industrial developer CTP to allow the construction of the planned 100,000 sqm Amazon distribution centre in the city.

Delhaize pulls out of Bulgaria

schedule 27 February 2014
Nathan North
deputy editor

BULGARIA Belgian retail group Delhaize has agreed to sell its Bulgarian network of stores to AP Mart.

PBO Anioła files for bankruptcy

schedule 26 February 2014
Tomasz Szpyt-Grzegórski

POLAND PBO Anioła is to apply for bankruptcy open to arrangements. The company has decided that the effects of its restructuring have so far been insufficient to maintain the company’s financial position.

Investment & finance

Alfaredo buys Moldova Mall

schedule 26 February 2014

ROMANIA Alfaredo, a company controlled by businessman Gheorghe Iaciu, has bought Moldova Mall in Iași from Equest Balkan Properties (EBP), according to local media (last year, Gheorghe Iaciu also acquired a controlling stake in Romanian developer Impact).

Investment & finance

Meyer Bergman buys Fashion Arena for EUR 71.5 mln

schedule 26 February 2014
Nathan North
deputy editor

CZECH REPUBLIC TK Development and LMS Outlets Limited have today entered into an agreement to sell the Fashion Arena outlet centre in Štěrboholy (Prague 10) to UK investor Meyer Bergman for EUR 71.5 mln.

Edition 11 (293) November 2024

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