Investment & finance

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Dom Development sells 400 apartments in Q1

schedule 09 April 2014

POLAND Dom Development has published its preliminary sales results for Q1 2014, during which time it sold 400 apartments, representing an 18 pct increase on Q1 2013 (339 apartments).

EBRD approves EUR 200 mln for road improvements

schedule 09 April 2014

UKRAINE The European Bank for Reconstruction and Development has approved a loan of EUR 200 mln as part of the second tranche of financing for the Pan-European Corridors road project.

Investment & finance

Mirland takes full control of Vernissage Mall

schedule 07 April 2014

RUSSIA Mirland has bought 49.5 pct of the shares in the Vernissage Mall in Yaroslav (250 km northeast of Moscow) from Goodrock Real Estate and now holds 100 pct stake in the shopping centre.

Holcim and Lafarge to merge

schedule 07 April 2014

EUROPE Building material suppliers Holcim and Lafarge are to merge to become LafargeHolcim.

Investment & finance

VIG Fund buys Havlíčkova Plaza

schedule 07 April 2014
Nathan North
managing editor (English section)

CZECH REPUBLIC FIM Group has finalised the sale of its Havlíčkova Investment vehicle, which owns Havlíčkova Plaza in central Prague, to VIG Fund for an undisclosed sum.

Investment & finance

Two banks to finance second stage of B4B

schedule 04 April 2014
Aneta Cichla

POLAND ING Bank Śląski and MBank will jointly provide a EUR 87 mln loan to finance construction work on the second stage of the Bonarka For Business office project in Kraków, which is being developed by Trigranit Development Corporation together with the IPR group.

Record quarter for Ronson

schedule 04 April 2014

POLAND In the first quarter of 2014 Ronson sold 206 apartments, 56 pct more than in the corresponding period last year when 132 apartments were sold.

Investment & finance

Kingfisher to buy Mr. Bricolage

schedule 04 April 2014

EUROPE British DIY chain operator Kingfisher, the owner of Castorama in Poland and Russia as well as Brico Market in Romania, has entered into exclusive negotiations to buy French DIY chain Mr Bricolage.

Prologis issues PEPF II bonds

schedule 04 April 2014

EUROPE Prologis has issued eurobonds worth EUR 300 mln for its Prologis European Properties Fund II (PEPF II).

Polimex-Mostostal agrees to sell girder factory

schedule 03 April 2014

POLAND Polimex-Mostostal is to sell the Zakład Konstrukcji Stalowych factory in Rudnik nad Sanem to TMT Trading.

Investment & finance

BNP Paribas grants financing to Echo Investment

schedule 03 April 2014

POLAND Echo Investment has been issued loans worth over EUR 30 mln by BNP Paribas Bank Polska to finance and refinance the construction of the first two stages of the A4 Business Park complex in Katowice .

Investment & finance

Pbb loans Tristan EUR 33 mln for Praha City Center

schedule 03 April 2014
Nathan North
managing editor (English section)

CZECH REPUBLIC Pbb Deutsche Pfandbriefbank has provided a EUR 33 mln loan to Curzon Capital Partners III for its recent acquisition of the Praha City Center office building in central Prague.

Investment & finance

Rondo 1 changes hands for EUR 300 mln

schedule 03 April 2014
Nathan North
managing editor (English section)

POLAND Deutsche Asset & Wealth Management has finalised the acquisition of the Rondo 1 office complex in central Warsaw for around EUR 300 mln.

Investment & finance

Złota 44 financing recalled

schedule 02 April 2014

POLAND Orco has 30 days to repay two outstanding loans of PLN 170.1 mln and EUR 19.6 mln.

Investment & finance

W.P. Carey finalises Lipowy Office Park purchase

schedule 01 April 2014
Rafał Ostrowski
journalist

POLAND W.P. Carey has finalised the purchase of Lipowy Office Park in Warsaw for EUR 115 mln, acting through its REIT affiliates CPA®:17-Global and CPA®:18-Global and SPV company Kimberley.

Investment & finance

Land near Chopin airport for sale

schedule 01 April 2014
Tomasz Szpyt-Grzegórski

POLAND Airport Village, a subsidiary of the Military Property Agency, is preparing to sell 14 ha of land at ul. Żwirki i Wigury 2B near Warsaw’s Chopin airport.

Polimex-Mostostal still struggling

schedule 01 April 2014

POLAND Polimex-Mostostal has published its financial results for 2013.

Investment & finance

Tristan acquires Praha City Center

schedule 01 April 2014
Nathan North
managing editor (English section)

CZECH REPUBLIC Tristan Capital Partners has bought the Praha City Center building in Prague for its CCP III fund.

Ergo Arena in Sopot to be renovated

schedule 31 March 2014
Tomasz Szpyt-Grzegórski

POLAND Hala Gdańsk-Sopot has signed a preferential loan to finance 75 pct of the redevelopment costs of the Ergo Arena in Sopot in an investment estimated at around PLN 5 mln.

Investment & finance

Ghelamco raises funding for new projects

schedule 31 March 2014
Tomasz Szpyt-Grzegórski

POLAND Ghelamco Invest, part of the Ghelamco group, is preparing a public bond issue worth around PLN 135 mln.

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