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Investment & finance

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Investment & finance

Capital Park looks to invest PLN 210 mln

schedule 27 November 2013

POLAND Capital Park has published its prospectus for its forthcoming flotation.

Investment & finance

Financing for Promenady Wrocławskie

schedule 27 November 2013
Aneta Cichla

POLAND Alior Bank has granted financing for the second stage of the Promenady Wrocławskie project to Vantage Development subsidiary Promenady II VD.

Investment & finance

Pullman for sale

schedule 27 November 2013

ROMANIA The Pullman hotel in Bucharest is to be put up for sale for EUR 20 mln as part of the debt restructuring of its owner World Trade Center Bucureşti, reports Mediafax.

Stronghold issues bonds

schedule 27 November 2013

NORTHERN EUROPE Stronghold, the parent company of Newsec, has issued bonds worth SEK 140 mln (app. EUR 15.6 mln).

Investment & finance

BBI takes over Centrum Marszałkowska

schedule 26 November 2013
Aneta Cichla

POLAND BBI Development has concluded a preliminary sales agreement with Warszawska Spółdzielnia Spożywców Społem Śródmieście through its subsidiary Juvenes Development 1, for 67 shares (representing a 67 pct stake) in Zarządzanie Sezam for PLN 46,900.

No slowdown for Czerwona Torebka

schedule 26 November 2013
Eurobuild CEE

POLAND The Cerwona Torebka group wants to speed up the development of its retail activities.

J.W. Construction Holding revenue up

schedule 26 November 2013
Eurobuild CEE

POLAND J.W. Construction Holding has recorded a sales revenue of PLN 77.1mln for Q3 this year, 38 pct more than in the same period of 2012 and a net profit of PLN 2.3 mln.

Strong results for Marvipol

schedule 26 November 2013
Aneta Cichla

POLAND After the first three quarters of this year the Marvipol group has recorded a consolidated revenue of around PLN 289.6 mln, representing a 23 pct increase on the previous year.

PHN improves results

schedule 26 November 2013
Rafał Ostrowski
journalist

POLAND PHN Group has recorded a consolidated profit for Q3 2013 of PLN 86.8 mln, PLN 78.8 mln of which was attributable to the parent company (PHN SA).

Metro Cash & Carry Russia considers stock exchange debut

schedule 26 November 2013
Rafał Ostrowski
journalist

RUSSIA Metro Group is considering floating a minority stake in Metro Cash & Carry Russia on the stock exchange in order to finance the company’s expansion.

Modest profits for Polnord

schedule 25 November 2013

POLAND In the first three quarters of 2013 the Polnord group generated revenue of PLN 114 mln and a gross sales profit of PLN 10.5 mln.

Investment & finance

Robyg to spend PLN 150 mln on shopping

schedule 21 November 2013

POLAND In the first three quarters of 2013, Robyg group generated revenue of PLN 369 mln – 16 pct more than the same period of 2012.

Mirbud increases its revenue

schedule 21 November 2013
Aneta Cichla

POLAND Construction group Mirbud increased its revenue in Q3 by 120 pct y-o-y.

PHN – next stage of privatisation

schedule 21 November 2013
Rafał Ostrowski
journalist

POLAND Polski Holding Nieruchomości is preparing for the next stage of its privatisation.

Sberbank to finance EUR 1.7 bln programme

schedule 21 November 2013
Rafał Ostrowski
journalist

RUSSIA Crocus Group and Sberbank CIB have signed a strategic cooperation agreement in Moscow, which includes financing for the developer’s 2013–2017 investment programme.

Tesco to sell 35 plots

schedule 19 November 2013
Nathan North
deputy editor

POLAND Tesco has decided to sell off excess land near its Polish stores.

Renaissance obtains EUR 150 mln financing

schedule 19 November 2013
Rafał Ostrowski
journalist

RUSSIA Renaissance Holding has obtained a ten-year credit line of EUR 150 mln from Sberbank.

GTC publishes Q3 results

schedule 18 November 2013

POLAND In the third quarter, Globe Trade Centre’s profit before tax, including the cost of its executive option programme and write-downs on properties, remained at the stable level of EUR 7 mln (it was the same in Q3 2012).

Plaza Centers granted debt moratorium

schedule 18 November 2013
Nathan North
deputy editor

EUROPE The Amsterdam district court has granted shopping centre developer Plaza Centers’ application for the preliminary suspension of payment proceedings to creditors.

Etalon approves dividend policy

schedule 18 November 2013
Rafał Ostrowski
journalist

RUSSIA Residential developer Etalon has approved a dividend policy whereby it will pay out in the form of dividends between 15 and 30 pct of its IFRS net profit adjusted for non-cash items if warranted.

Edition 11 (293) November 2024

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