Investment & finance

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Investment & finance

P.A. Nova closer to constructing Galena

schedule 07 February 2014
Aneta Cichla

POLAND Bank Ochrony Środowiska has agreed to finance the Galeria Galena shopping centre in Jaworzno, which is being developed by P.A. Nova.

Investment & finance

No buyer for ul. Burakowska plot

schedule 07 February 2014
Rafał Ostrowski
journalist

POLAND An auction on February 5th for a site at the junction of ul. Burakowska and al. Jana Pawła II in Warsaw’s Wola district was cancelled due to lack of interest.

BBI bond issue worth PLN 53 mln

schedule 07 February 2014

POLAND BBI Development has issued bonds in a non-public offering with a total nominal value of PLN 53 mln and each bond being worth PLN 1,000.

Investment & finance

Bluehouse buys Euromarket Office Center in Kraków

schedule 05 February 2014
Nathan North
managing editor (English section)

POLAND Tawstock Estates has finalised the sale of Euromarket Office Center in Kraków to a vehicle managed by Bluehouse Capital.

EU cleans up mortgage market

schedule 05 February 2014

EUROPE The European Union has adopted a directive aimed at creating a single market for mortgages in the EU with a high degree of consumer protection.

Investment & finance

EBRD invests in Amtel

schedule 05 February 2014

EE REGION The European Bank for Reconstruction and Development has invested USD 50 mln in acquiring a minority equity stake in developer Amtel Properties.

Investment & finance

Club loan of EUR 132 mln for Pogoria and Karolinka

schedule 04 February 2014
Nathan North
managing editor (English section)

POLAND Pbb Deutsche Pfandbriefbank, UniCredit Bank Austria AG and Westdeutsche ImmobilienBank have jointly underwritten a EUR 132 mln senior facility to refinance the Pogoria and Karolinka shopping centres in Dąbrowa Górnicza and Opole respectively.

Investment & finance

Koneser due diligence completed

schedule 04 February 2014
Aneta Cichla

POLAND Due diligence has been completed by BBI Development and its partner L&W Development Company for the Centrum Praskie Koneser project in Warsaw.

Robyg redeems bonds early

schedule 04 February 2014
Aneta Cichla

POLAND Development company Robyg is planning an early redemption of 400,000 D-series bearer bonds and 80,000 G-series bearer bonds.

Investment & finance

Shopin comes to Grodzisk

schedule 04 February 2014
Aneta Cichla

POLAND Budner Investment, the investor behind the Shopin chain of retail parks, has bought a 5,000 sqm plot on ul. Matejki in Grodzisk Mazowiecki.

Niam pulls out of Baltics

schedule 04 February 2014

LATVIA Niam has sold the Rimi Distribution Center in Riga to the tenant, Rimi Latvia, which is owned by Rimi Baltic.

Investment & finance

Azora buys Wrocław office building for EUR 23 mln

schedule 03 February 2014
Ewa Andrzejewska

POLAND Echo Investment has sold an office building constructed in the second stage of the Aquarius Business House project in Wrocław.

Investment & finance

Upside buys Polimeni malls

schedule 03 February 2014
Aneta Cichla

POLAND Upside Property has purchased three shopping centres with a combined area of 38,000 sqm from Polimeni International

Investment & finance

PLN 56 mln from selling Czerwona Torebka properties

schedule 03 February 2014
Aneta Cichla

POLAND In 2013 Czerwona Torebka sold 104 outlets in Czerwona Torebka shopping arcades with a combined area of 7,800 sqm.

Investment activity still on the rise

schedule 03 February 2014
Rafał Ostrowski
journalist

EUROPE Commercial real estate investment activity reached EUR 46 bln in Q4 2013, the highest quarterly volume since 2007, according to a preview of DTZ's Investment Market Update for Europe.

PKP looking for investor in Kraków

schedule 03 February 2014
Rafał Ostrowski
journalist

POLAND Polish State Railways (PKP) is looking for an investment partner for the development of a 1.4 ha site on ul. Bosacka next to Kraków Główny railway station.

Investment & finance

Plac Unii officially up for sale

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

POLAND CBRE has been instructed by Liebrecht & Wood and BBI Development to sell the Plac Unii office and retail centre in central Warsaw.

Investment & finance

Unibep rethinking Wola House

schedule 31 January 2014

POLAND Unidevelopment, which is part of the Unibep group, is considering options for the development of its Wola House office project on ul. Prymasa Tysiąclecia in Warsaw.

Investment & finance

Tashir pays USD 100 mln for unfinished aquapark

schedule 31 January 2014
Rafał Ostrowski
journalist

RUSSIA The Tashir group of companies has acquired Aquadrom, an unfinished sports and recreational complex on Aminyevskoye shosse in Moscow, for USD 100 mln.

Investment & finance

RICS sees a little more spring in the step of occupiers

schedule 31 January 2014
Nathan North
managing editor (English section)

HUNGARY Occupier sentiment for Hungarian commercial properties was positive for the first time since 2011 in Q4 2013 – according to the latest survey by the RICS.

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