Investment & finance

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Investment & finance

P3 secures loan for DHL hub

schedule 24 January 2014
Nathan North
managing editor (English section)

CZECH REPUBLIC Česká spořitelna and Erste Bank have provided a loan of EUR 3.63 mln to PointPark Properties to finance a logistics hub for international courier DHL Express in PointPark Prague D8.

Investment & finance

GLL moves Charles de Gaulle Plaza between funds

schedule 23 January 2014

ROMANIA The Charles de Gaulle Plaza office building in Bucharest was sold last year for almost EUR 70 mln, reports ‘Ziarul Financiar’.

Mostostal Export sells land in Kraków

schedule 22 January 2014

POLAND Mostostal Export subsidiary Pod Fortem-2 has been sold for PLN 22.63 mln, with Kraków-based CEC Property Group Limited buying 100 pct of the shares.

Investment & finance

Auchan takeover of Real approved

schedule 22 January 2014

POLAND The Office of Competition and Consumer Protection (UOKiK) has approved the takeover of the Real hypermarket chain by Auchan Polska, on condition that eight stores are sold.

Echo plans PLN 200 mln bond issue

schedule 22 January 2014
Ewa Andrzejewska

POLAND Echo Investment is planning to issue unsecured bonds worth up to PLN 200 mln.

Occupiers less pessimistic

schedule 22 January 2014
Rafał Ostrowski
journalist

EUROPE Only 46 pct of the representatives of global corporations claim that the uncertain economic outlook in Europe was a key factor in their real estate strategy, according to the European Occupier Survey published by CBRE.

CA Immo buys back own debt

schedule 22 January 2014

EUROPE CA Immobilien Anlagen has acquired a financing portfolio with a nominal value of app. EUR 428 mln from Österreichische Volksbanken.

Nanette Real Estate Group reduces stake in Robyg

schedule 21 January 2014

POLAND Nanette Real Estate Group, one of the largest shareholders in residential developer Robyg, has sold a 5.3 pct stake in the company, reducing its shareholding to 19.9 pct.

Empik issues and redeems bonds

schedule 21 January 2014
Aneta Cichla

POLAND Empik Media & Fashion has redeemed 250 discount bonds with a value of PLN 25 mln.

Orbis releases preliminary results

schedule 21 January 2014
Aneta Cichla

POLAND In 2013 the revenue of hotel developer Orbis came to PLN 682.6 mln, according to the group’s preliminary results.

Investment & finance

PPG raises PLN 14.5 mln from share issue

schedule 21 January 2014
Aneta Cichla

POLAND/RUSSIA Platinum Properties Group has raised PLN 14.5 mln from the sale of 58 mln new shares, representing 8.3 pct of the share capital of the company.

Helaba provides CTP with EUR 54 mln in refinancing

schedule 21 January 2014
Nathan North
managing editor (English section)

CZECH REPUBLIC CTP and Helaba have recently concluded a loan agreement totalling EUR 54 mln for the refinancing of an existing portfolio of seven buildings in the CTPark Network in Brno, Ostrava, Jihlava and Prague.

Investment & finance

Vítek wins latest round in Orco battle

schedule 21 January 2014
Nathan North
managing editor (English section)

CE REGION A Luxembourg district court has retracted the sequestration of a EUR 100 mln share increase in Orco Germany involving the issuing of EUR 54 mln of the company’s shares to Radovan Vítek’s vehicle Tandis.

Investment & finance

Immofinanz adds five to Stop.Shop network

schedule 21 January 2014
Nathan North
managing editor (English section)

SLOVENIA/CZECH REPUBLIC Immofinanz has acquired four operational retail parks in Slovenia and one in the Czech Republic for a total purchase price of app. EUR 26 mln.

EIB and HBOR finance hotel development

schedule 21 January 2014

CROATIA The European Investment Bank (EIB) has lent EUR 25 mln to the Croatian Bank for Investment and Redevelopment (HBOR) in order to finance three investments near Dubrovnik by Hoteli Dubrovačka Rivijera.

Carrefour Romania solvent again

schedule 21 January 2014

ROMANIA A Bucharest court has reviewed the insolvency ruling of Carrefour Romania and annulled the original decision, local media reports.

Skanska buys Wrocław plot

schedule 20 January 2014

POLAND Skanska Property Poland has bought a 0.55 ha plot on ul. Szczytnicka in Wrocław from the University of Wrocław.

Investors to buy more and more land

schedule 20 January 2014
Rafał Ostrowski
journalist

POLAND This year will be a period of further revival on the investment land market in Poland, according to a report by Jones Lang LaSalle.

Cineworld applies to UOKiK

schedule 17 January 2014

POLAND Cineworld Group has applied to the Polish Office of Competition and Consumer Protection (UOKiK) for a permit to merge with Cinema City Holding.

Cinema City sales down in Poland, up in Hungary

schedule 17 January 2014
Aneta Cichla

CEE REGION Cinema City International sold 37.4 mln tickets in 2013 in all the seven countries where it operates.

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