Investment & finance

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Investment & finance

Angry agent puts Prague Castle “up for sale”

schedule 17 September 2013
Nathan North
managing editor (English section)

CZECH REPUBLIC Property agents Czech Point 101 have put Prague Castle “up for sale” in the latest move in a trademark dispute with the Czech government

Investment & finance

Go-ahead for Wola Park sale

schedule 16 September 2013
Aneta Cichla

POLAND Inter IKEA Centre Group Poland is to be allowed to acquire the Wola Park shopping centre in Warsaw having received consent for the transaction from the Office of Competition and Consumer Protection (UOKiK).

Capital Park sets up property fund

schedule 16 September 2013
Aneta Cichla

POLAND The Capital Park group has sold 85 pct of the shares (all of which have been offered for sale) of the Real Estate Income Assets FIZ AN fund, which had been jointly established with Open Finance TFI, in a private offer.

Marvipol moves assets

schedule 16 September 2013
Aneta Cichla

POLAND P.Z.-Bud, a subsidiary of Marvipol, is to make a contribution in kind to its exclusively owned subsidiary Verbis Gamma.

Slight improvement for Secure Property Development & Investment

schedule 13 September 2013

UKRAINE/ROMANIA/BULGARIA Secure Property Development & Investment has announced a 135 pct increase in operational income to USD 1.8 mln for the first six months of 2013 (June 30th 2012: USD 757,000), primarily driven by improved occupancy at Terminal Brovary in Kyiv.

Arricano enters LSE

schedule 13 September 2013

UKRAINE Shopping centre developer Arricano has issued shares on the AIM market of the London Stock Exchange.

AmRest takes out EUR 250 mln loan

schedule 12 September 2013
Aneta Cichla

POLAND AmRest, the owner of the KFC, Pizza Hut and Burger King restaurant chains, as well as the Starbucks franchise in Poland, the Czech Republic and Hungary, has taken out a EUR 250 mln syndicated loan.

Echo subsidiary issues bonds

schedule 12 September 2013
Aneta Cichla

POLAND Projekt Echo-70, a subsidiary of Echo Investment, has issued ten-year bonds with a total value of PLN 145 mln.

Investment & finance

Mokotów Nova sale finalised

schedule 12 September 2013
Nathan North
managing editor (English section)

POLAND Ghelamco has finalised the EUR 121 mln sale of Mokotów Nova in Warsaw to the CCPIII core plus real estate fund (Curzon Capital Partners III) advised by Tristan Capital Partners.

Aversa factory sold

schedule 12 September 2013

ROMANIA Benevo subsidiary Blue Diamond in a joint venture with Autoplast has bought pump manufacturer Aversa, which includes a factory situated on a 10 ha site in Bucharest 2.

Protea Development pulls out of land purchases

schedule 10 September 2013
Aneta Cichla

POLAND Protea Development, a subsidiary of PBO Anioła, will not now be buying buy plots in Poznań and Gorzów Wielkopolski.

Investment & finance

Ballet institute building “to be sold”

schedule 10 September 2013
Nathan North
managing editor (English section)

HUNGARY QPR Investimentos, the Portuguese owner of the Dreschler Palace on Andrássy út in Budapest, has signed a letter of intent to sell the building, according to local media reports.

NEPI share issue oversubscribed

schedule 10 September 2013

ROMANIA A total of 8,498,571 new shares are expected to be issued by New Europe Property Investments (NEPI) and list on the Johannesburg Stock Exchange on September 13th 2013.

Raven to buy up own shares

schedule 10 September 2013
Rafał Ostrowski
journalist

RUSSIA Raven Russia plans to purchase up to 15,462,121 ordinary shares from its shareholders.

Palmer Capital sells two office buildings in Ostrava

schedule 10 September 2013
Nathan North
managing editor (English section)

CZECH REPUBLIC Palmer Capital has sold two office properties in Ostrava from its Palmer Capital Central European Properties portfolio.

Investor sought for Rank Progress stake

schedule 06 September 2013
Aneta Cichla

POLAND Andrzej Bartnicki, the co-founder of Rank Progress, has decided to sell his shares in the developer.

Due diligence for Polonus

schedule 05 September 2013
Aneta Cichla

POLAND Four companies that have applied to buy shares in Przedsiębiorstwo Komunikacji Samochodowej Polonus in Warsaw can now start due diligence procedures.

PBO Anioła amends contract

schedule 05 September 2013
Aneta Cichla

PBO Anioła amends contract POLAND Protea Development, a subsidiary of PBO Anioła, has informed ‘Eurobuild CEE’ about amendments made to the preliminary contract to purchase a site in Łódź.

CBRE contracted by V Holding

schedule 05 September 2013
Rafał Ostrowski
journalist

RUSSIA CBRE has been appointed to deliver facility management services across V Holding’s Russian real estate portfolio of five office and administrative properties.

Marvipol happy with results

schedule 04 September 2013
Aneta Cichla

POLAND The Marvipol group enjoyed improved financial results for the first half, mainly due to the automotive arm of the firm.

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