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Investment & finance

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PBO Anioła buys Warsaw plot

schedule 15 November 2013
Aneta Cichla

POLAND Protea Development, a subsidiary of PBO Anioła, has concluded a preliminary agreement for the purchase of a plot in Warsaw.

Investment & finance

Abramovich buys White Gardens

schedule 15 November 2013
Rafał Ostrowski
journalist

RUSSIA Russian billionaire Roman Abramovich's investment company Millhouse has acquired the White Gardens class ‘A’ office centre in Moscow.

Investment & finance

Feniks in IVG’s hands

schedule 15 November 2013

POLAND IVG Warschau Fonds, an investment fund managed by IVG Institutional Funds, has bought the Feniks office building on ul. Żelazna in Warsaw for app. EUR 39 mln.

Investment & finance

First Property Group buys stake in Blue Tower Plaza

schedule 15 November 2013
Aneta Cichla

POLAND UK investor First Property Group has bought a 19.7 pct stake in Blue Tower Plaza (also known as the Blue Skyscraper) on pl. Bankowy in Warsaw, for EUR 5.23 mln.

Atrium sees income growth

schedule 15 November 2013

POLAND At the end of Q3 the market value of the income portfolio of Atrium Real Estate in Poland (which constitutes 50.3 pct of the income property portfolio of the company) came to EUR 1.2 bln.

Investment & finance

PPF takes over O2 Arena

schedule 14 November 2013
Nathan North
deputy editor

CZECH REPULIC PPF has become the majority owner of the O2 Arena in Prague after acquiring KKCG’s 50 pct stake in Lindus Services Limited.

Investment & finance

Plaza Centers to default on bond repayments

schedule 14 November 2013
Nathan North
deputy editor

CEE REGION Israeli-owned CEE shopping centre developer Plaza Centers has announced that it will be unable to make an app. EUR 15 mln payment due to Polish bondholders on November 18th 2013 and an app. EUR 17 mln payment due to Israeli bondholders on December 31st 2013.

Best Q3 since crisis

schedule 12 November 2013

EUROPE The value of investment transactions on the commercial property market in Q3 2013 increased by 17.7 pct compared to the same period last year, according to research by Cushman & Wakefield.

Orbis finishes Q3 on the up

schedule 12 November 2013

POLAND For the third quarter the like-for-like EBITDA of the Orbis hotel group amounted to PLN 69.8 mln compared to PLN 60.9 mln in 2012.

Investment & finance

Emerson buys plant for EUR 10 mln

schedule 12 November 2013
Nathan North
deputy editor

HUNGARY US-owned manufacturer Emerson Process Management Magyarország has bought a 25,000 sqm industrial building on a 12 ha site in the Sóstó Industrial Park in Székesfehérvár (central Hungary).

Investment & finance

Finep sells City West B1

schedule 12 November 2013
Nathan North
deputy editor

CZECH REPUBLIC Cimex has bought the City West B1 office building from Finep in Stodůlky (Prague 13) for an undisclosed sum, in what Finep claims to be one of the largest transactions in the last three years

Investment & finance

Riga Plaza receives EUR 59 mln injection

schedule 12 November 2013
Nathan North
deputy editor

LATVIA Plaza Centers’ 50 pct Latvian subsidiary has obtained a EUR 59.3 mln refinancing loan for the Riga Plaza shopping centre.

Marvipol selling more and more

schedule 11 November 2013
Aneta Cichla

POLAND Warsaw-based developer Marvipol sold 473 apartments over the first nine months of the year – almost 200 more than the 278 residential units it sold in the same period last year.

Investment & finance

P.A. Nova building permit for Galena and Q3 results

schedule 11 November 2013
Aneta Cichla

POLAND P.A. Nova has received the final building permit for the Galena shopping centre in Jaworzno.

Investment & finance

PKP finds buyer for Katowice office building

schedule 11 November 2013
Aneta Cichla

POLAND Polish State Railways (PKP) has found a buyer for the office building that used to house Śląska Dyrekcja Okęgowa Kolei Państwowej Polskie Koleje Państwowe (The Silesian District Directorate for Polish State Railways).

Investment & finance

AFI Development sells building for USD 91.5 mln

schedule 08 November 2013
Rafał Ostrowski
journalist

RUSSIA AFI Development has signed a binding agreement to sell building ‘1’ of the Aquamarine III office complex in Moscow to a Russian state-controlled corporation.

Cluj plans science park

schedule 08 November 2013

ROMANIA An operating permit has been issued to set up the Tetapolis science and technology park in Cluj county, local media reports.

Alpha takes on Blue Tower

schedule 08 November 2013

ROMANIA Alpha Bank subsidiary AGI-RRE Poseidon has purchased the Blue Tower Colentina residential block with 156 apartments in Bucharest for EUR 11.4 mln, local media reports.

Investment & finance

Klépierre poised to sell portfolio to Carrefour

schedule 08 November 2013
Nathan North
deputy editor

EUROPE French mall owner and manager Klépierre has announced that it is in discussions to sell a portfolio of shopping centres to Carrefour.

UOKiK okays Galeria Kazimierz and Duka takeovers

schedule 07 November 2013
Aneta Cichla

POLAND The Office of Competition and Consumer Protection (UOKiK) has consented to the acquisition of the companies GTC Galeria Kazimierz (the owner of Galeria Kazimierz in Kraków) and Duka Polska (a kitchen equipment store chain).

Edition 11 (293) November 2024

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