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Investment & finance

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Carrefour buys local Olsztyn chain

schedule 07 January 2014

POLAND Carrefour has acquired the Rast supermarket chain.

Vítek takes control of Orco board

schedule 07 January 2014
Nathan North
deputy editor

EUROPE Radovan Vítek has won the latest round in his battle to take overall control of developer Orco Property Group.

Investment & finance

More financing for Galeria Sudecka

schedule 07 January 2014

POLAND Echo Investment has been granted two loans by Bank Pekao worth EUR 35.64 mln and PLN 7 mln to continue construction work on Galeria Sudecka in Jelenia Góra.

Investment & finance

Globalworth buys Bucharest One

schedule 07 January 2014

ROMANIA Globalworth has acquired the Bucharest One office development.

Investment & finance

Lipowy Office Park sold

schedule 07 January 2014
Rafał Ostrowski
journalist

POLAND CA Immobilien Anlagen has sold the Lipowy Office Park in Warsaw to Kimberley, an SPV company owned by a US-listed REIT, for a sales price of app. EUR 108 mln.

Immofinanz Group counts up

schedule 20 December 2013

EUROPE Immofinanz Group increaed its profits in the first half of the 2013/2014 financial year (May 1st to October 31st).

Hruška moves to buy 22 Tesco stores

schedule 20 December 2013
Nathan North
deputy editor

CZECH REPUBLIC Grocery network Hruška is in the process of buying 22 Tesco in Moravia.

Polnord’s new shares enjoy interest

schedule 20 December 2013
Aneta Cichla

POLAND Polnord has sold all the shares it recently issued with the right of subscription on the Warsaw Stock Exchange.

Investment & finance

Eurekea sold for CZK 220 mln

schedule 19 December 2013
Nathan North
deputy editor

CZECH REPUBLIC The Eurekea industrial and warehouse complex in Košíře (Prague 5) has been sold at auction to an unnamed buyer.

Angel Poland buys historic tenement

schedule 19 December 2013

POLAND Angel Poland Group has bought a historic tenement building on ul. Stradomska in Kraków for PLN 28 mln from the city authorities.

W.P. Carey signs EUR 67 mln sale-and-leaseback with Agrokar

schedule 19 December 2013

CROATIA W.P. Carey has entered into a sale and leaseback agreement through its REIT affiliates CPA®:17-Global and CPA®:18-Global for five retail properties owned by grocery chain Agrokar subsidiary Konsum.

LPP has PLN 230 mln at its disposal

schedule 19 December 2013
Aneta Cichla

POLAND Clothing retail group LPP has signed an annexe to its loan agreement with BNP Paribas Bank, increasing it to PLN 230 mln and extending the loan period to December 16th 2014.

Protea to build more retail in Poznań

schedule 19 December 2013
Aneta Cichla

POLAND Protea Development, a subsidiary of PBO Anioła, has signed a 30-year leasehold agreement with the Poznańska Spółdzielnia Mieszkaniowa Winogrady housing cooperative for a 4,750 sqm plot in Poznań.

360 Vox takes over Clearpoint Resort

schedule 18 December 2013

CROATIA Canadian-based 360 Vox has brought a controlling stake in the Clearpoint Resort in Cavtat near Dubrovnik from Dalmi Resorts by acquiring a 65 pct interest in the holding company, Clearpoint Resort Limited Malta.

Investment & finance

NEPI buys City Park

schedule 18 December 2013

ROMANIA New Europe Property Investments (NEPI) has finalised the purchase of the City Park shopping centre in Constanța.

MirLand pays off debts

schedule 18 December 2013
Rafał Ostrowski
journalist

RUSSIA MirLand subsidiary Petra 8 has paid back a RUB 1.245 bln (app. EUR 27 mln) loan to Sberbank before the maturity date.

Investment & finance

H&M shows strong growth

schedule 18 December 2013
Aneta Cichla

WORLD The H&M clothing chain registered a 13 pct growth in sales in Q4 of the 2013 financial year (September to November) compared to the same period of the previous year.

Investment & finance

BBI prepares for sale of Plac Unii

schedule 18 December 2013
Aneta Cichla

POLAND BBI Development has received 9,999,900 shares in Immobilia Fund Sif Sicav in exchange for the same number of shares in Realty 3 Management Projekt Developerski 5 (PD5), the company responsible for the design of the Plac Unii office and shopping centre in Warsaw.

CTP secures EUR 69 mln in refinancing

schedule 17 December 2013
Nathan North
deputy editor

CZECH REPUBLIC CTP and UniCredit Bank have recently concluded loan agreements totalling EUR 69 mln.

Investment & finance

Tančící Dům sold for EUR 13.3 mln

schedule 17 December 2013
Nathan North
deputy editor

CZECH REPUBLIC The Tančící Dům building in Prague, which was sold last week as previously reported, changed hands for CZK 360 mln (EUR 13.3 mln).

Edition 11 (293) November 2024

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