Investment & finance

RSS

Robyg to build 750 more apartments in Miasteczko Wilanów

schedule 02 December 2013

POLAND Robyg group has bought a 4.7 ha plot in Warsaw’s Wilanów district for PLN 34 mln.

Era Shopping Park Oradea files for insolvency

schedule 02 December 2013

ROMANIA Oradea Omilos, a company controlled by ARGO Real Estate Opportunities Fund and owner of the Era Shopping Park Oradea, has filed for and been granted insolvency by the courts.

HB Reavis raises funds for new projects

schedule 01 December 2013

EUROPE HB Reavis has made its debut on the BondSpot market of the Warsaw Stock Exchange by issuing bonds worth PLN 111 mln (EUR 26.5 mln).

Skanska walks away from Estonia

schedule 29 November 2013

ESTONIA Construction company Skanska is pulling out of the Estonian market.

Investment & finance

Pbb finances half of H&M centre acquisition

schedule 29 November 2013
Nathan North
managing editor (English section)

POLAND Pbb Deutsche Pfandbriefbank has provided a EUR 32.5 mln medium-term loan to CPA®:17-Global, a publicly held REIT of W. P. Carey, to partially refinance its purchase of a distribution centre in Gądki outside Poznań in July.

Północ Nieruchomości to takeover Aramus

schedule 28 November 2013

POLAND Północ Nieruchomości has signed a letter of intent with Aramus Investments, which is active in the commercial property industry, to merge.

Investment & finance

Eurekea industrial estate goes under the hammer

schedule 28 November 2013
Nathan North
managing editor (English section)

CZECH REPUBLIC The Eurekea industrial estate in Košíře (Prague 5) is to be sold at auction on December 12th.

Investment & finance

EUR 133.5 mln in loans for CPI Endurance acquisition

schedule 28 November 2013
Nathan North
managing editor (English section)

CZECH REPUBLIC/POLAND CPI Group has refinanced five properties forming part of the Endurance Fund portfolio it recently acquired from Orco Group.

Polnord prospectus approved

schedule 27 November 2013

POLAND The Financial Supervision Authority has approved the prospectus of Polnord.

Protea to buy Poznań property

schedule 27 November 2013
Aneta Cichla

POLAND PBO Anioła subsidiary Protea Development intends to buy a 2,800 sqm plot in Poznań.

Investment & finance

Capital Park looks to invest PLN 210 mln

schedule 27 November 2013

POLAND Capital Park has published its prospectus for its forthcoming flotation.

Investment & finance

Financing for Promenady Wrocławskie

schedule 27 November 2013
Aneta Cichla

POLAND Alior Bank has granted financing for the second stage of the Promenady Wrocławskie project to Vantage Development subsidiary Promenady II VD.

Investment & finance

Pullman for sale

schedule 27 November 2013

ROMANIA The Pullman hotel in Bucharest is to be put up for sale for EUR 20 mln as part of the debt restructuring of its owner World Trade Center Bucureşti, reports Mediafax.

Stronghold issues bonds

schedule 27 November 2013

NORTHERN EUROPE Stronghold, the parent company of Newsec, has issued bonds worth SEK 140 mln (app. EUR 15.6 mln).

Investment & finance

BBI takes over Centrum Marszałkowska

schedule 26 November 2013
Aneta Cichla

POLAND BBI Development has concluded a preliminary sales agreement with Warszawska Spółdzielnia Spożywców Społem Śródmieście through its subsidiary Juvenes Development 1, for 67 shares (representing a 67 pct stake) in Zarządzanie Sezam for PLN 46,900.

No slowdown for Czerwona Torebka

schedule 26 November 2013
Eurobuild CEE

POLAND The Cerwona Torebka group wants to speed up the development of its retail activities.

J.W. Construction Holding revenue up

schedule 26 November 2013
Eurobuild CEE

POLAND J.W. Construction Holding has recorded a sales revenue of PLN 77.1mln for Q3 this year, 38 pct more than in the same period of 2012 and a net profit of PLN 2.3 mln.

Strong results for Marvipol

schedule 26 November 2013
Aneta Cichla

POLAND After the first three quarters of this year the Marvipol group has recorded a consolidated revenue of around PLN 289.6 mln, representing a 23 pct increase on the previous year.

PHN improves results

schedule 26 November 2013
Rafał Ostrowski
journalist

POLAND PHN Group has recorded a consolidated profit for Q3 2013 of PLN 86.8 mln, PLN 78.8 mln of which was attributable to the parent company (PHN SA).

Metro Cash & Carry Russia considers stock exchange debut

schedule 26 November 2013
Rafał Ostrowski
journalist

RUSSIA Metro Group is considering floating a minority stake in Metro Cash & Carry Russia on the stock exchange in order to finance the company’s expansion.

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