Investment &amp; finance

Rafał Ostrowski
journalist

RUSSIA О1 Properties has acquired from Capital Group the Legenda Business Centre, the office part of the mixed-use Legend of Tsvetnoy complex in Moscow.

Carrefour buys local Olsztyn chain

POLAND Carrefour has acquired the Rast supermarket chain.

Vítek takes control of Orco board

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

More financing for Galeria Sudecka

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.

Globalworth buys Bucharest One

ROMANIA Globalworth has acquired the Bucharest One office development.

Lipowy Office Park sold

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

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

20 December 2013

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

Polnord’s new shares enjoy interest

20 December 2013

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

Eurekea sold for CZK 220 mln

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

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

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

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

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

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.

NEPI buys City Park

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

MirLand pays off debts

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.

H&M shows strong growth

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.

BBI prepares for sale of Plac Unii

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

17 December 2013