Investment &amp; finance

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).

Ronson sees huge revenue increase

07 November 2013

POLAND Ronson Development has reported a 129 pct y-o-y increase in revenue for the first three quarters of the year.

Interferie holds steady

07 November 2013

POLAND Interferie closed the first three quarters of the year with a net profit of PLN 2.97 mln, down on the same period of the previous year, when it generated PLN 4.85 mln.

Echo companies issue bonds worth PLN 85 mln

06 November 2013

POLAND Two subsidiaries of Echo Investment have issued ten-year bonds with a nominal value of PLN 85 mln.

MLP’s Romanian subsidiary to be liquidated

06 November 2013

ROMANIA MLP Group has reported that the assets of its subsidiary – MLP Bucharest Sud – are to be liquidated in a bankruptcy procedure.

Atrium 1 sold to Deka

06 November 2013

POLAND Skanska has sold its Atrium 1 office building project in central Warsaw to the Deka Immobilien-Global fund.

Hefal Serwis begins work on ice rink plant

POLAND Hefal Serwis has finalised the first stage of a project by purchasing land from the Wodzisław Śląski town council.

MLP floats on WSE

Rafał Ostrowski
journalist

POLAND Warehouse developer MLP listed on the Warsaw Stock Exchange on October 28th. An hour from the first listing the price increased to PLN 29 per share – a gain of 20 pct compared to the issue price (PLN 24).

Polimex to sell PLN 41.5 mln of properties

POLAND Polimex-Mostostal has signed conditional and preliminary sales agreements for seven plots of land to Molina.

Pod Fortem-Development changes owner

POLAND Mostostal Export is selling all the shares in its subsidiary Pod Fortem-Development. Mostostal Export has concluded a preliminary sales agreement with Cyprus-registered Cec Property Group.

Wrobis wants bankruptcy but signs new contract

POLAND A consortium led by Przedsiębiorstwo Budownictwa Górniczego i Energetycznego Egbud and including Wrobis (a subsidiary of Mostostal Warszawa) has been awarded a contract for the extension of a building for the 4 Wojskowy Szpital Kliniczny z Polikliniką military hospital in Wrocław.

CTP buys Airport Logistics Park

Nathan North
deputy editor

CZECH REPUBLIC CTP has acquired the Airport Logistics Park in Kněževes near Prague Airport from a real estate investment fund advised by Pramerica Real Estate Investors.

Goodman buys former Sosnowiec mine site

POLAND Goodman Poland has finalised the acquisition of a 9 ha site in Sosnowiec from CTL Logistics, where Goodman intends to build a BTS warehouse facility for a logistics client.

Warimpex issues convertible and corporate ordinary bonds

POLAND Warimpex Finanz- und Beteiligungs has successfully issued convertible bonds with a total nominal value of PLN 16.5 mln (app. EUR 3.9 mln).

Europa Capital buys Prague-West warehouses

Nathan North
deputy editor

CZECH REPUBLIC Europa Capital has completed the acquisition of a 32,000 sqm warehouse facility with 150,000 sqm of adjacent development land in Rudná, Prague-West.

Epicentr buys warehouse centre

Rafał Ostrowski
journalist

UKRAINE Ukrainian antimonopoly authorities have allowed the DIY chain Epicentr K to take control over the Logistic Center Kalynivka company (Логистический центр «Калиновка»), a subsidiary of Asnova holding.

IVG granted self-administration

Nathan North
deputy editor

EUROPE The Bonn district court has approved IVG Immobilien’s petition to enter insolvency under self-administration.

EUR 20 mln financing for K29