Investment &amp; finance

POLAND The transaction volume for the Polish commercial real estate market in 2013 reached over EUR 3.4 bln, according to preliminary data from Jones Lang LaSalle, the highest recorded level since 2006 (EUR 5 bln).

AFI Development completes USD 91.5 mln deal

RUSSIA AFI Development has completed the sale of the first building of Aquamarine III Business Centre located on Ozerkovskaya embankment in Moscow.

GTC share issue 250 pct oversubscribed

CEE REGION Globe Trade Centre has completed the accelerated book building process for it upcoming share issue with the issue being 250 pct oversubscribed.

Khlebnikovo warehouses on sale for USD 36 mln

RUSSIA The Khlebnikovo class ‘A’ warehouse complex outside of Moscow has been put up for sale at a price of USD 36 mln.

Lublin sells land

13 January 2014

POLAND The bus terminal on al. Kraśnicka in Lublin is to be sold through a public auction.

Plaza sells Új Udvar

13 January 2014

HUNGARY Plaza Centers together with its 50 pct JV partner Shikun & Binui have sold the Új Udvar shopping centre in Budapest to an undisclosed buyer.

Good year for CEE investment

13 January 2014

CEE REGION Investment volumes in the region grew to over EUR 10 bln in 2013 – a 31 pct y-o-y growth, according to CBRE.

Robyg takes the lead

POLAND With 1,731 apartments sold in 2013 put, Robyg took the lead among Polish residential developers.

Record year for Polnord

POLAND Polnord sold a total of 101 apartments in December 2013 and closed last year with record high apartment sales of 1,096, 21 pct more than in 2012.

Ideal Idea Park III sold for over EUR 14 mln

POLAND Ideal Idea Formad has sold the first stage of the Ideal Idea Park III office and warehouse complex to a subsidiary of the BPH TFI investment fund.

Cinema City takes control of Cineworld

EUROPE Cinema City International is to transfer its cinema operations to Cineworld in a cash and share deal worth GBP 503 mln (app. EUR 608 mln ).

This year “will be better” for Wikana

POLAND Lublin-based developer Wikana sold 162 apartments in 2013. The company is expecting better sales in 2014 due to the marketing of new projects.

Lviv secures EUR 11 mln for infrastructure

09 January 2014

UKRAINE Lviv city council has been provided with financing for the modernisation of its road and public transport network.

Two industrial parks to be privatised

09 January 2014

ROMANIA The gradual privatisation is being prepared of two industrial parks near the city of Braşov.

Gant declared bankrupt open to arrangements

POLAND A Wrocław court has declared Gant bankrupt open to arrangements.

Wojas buys Wojas Shoes

POLAND/CZECH REPUBLIC Leather goods producer Wojas has purchased Wojas Shoes, a company registered in the Czech Republic, for PLN 200,000.

Mostostal Zabrze completes restructuring

POLAND Mostostal Zabrze-Holding has completed the restructuring of the construction company.

Russian investment volume reaches USD 8.1 bln

RUSSIA Investment in the Russian real estate market totalled USD 8.1 bln in 2013, down 7.5 pct y-o-y – according to Jones Lang LaSalle’s preliminary figures.

EUR 50 mln loan for Prime Corporate Center