Investment &amp; finance

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

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

Orbis releases preliminary results

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

PPG raises PLN 14.5 mln from share issue

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

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.

Vítek wins latest round in Orco battle

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.

Immofinanz adds five to Stop.Shop network

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

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

Rafał Ostrowski
journalist

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

Skanska buys Wrocław plot

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

20 January 2014

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

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

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

Galeria Jurajska sale fails

POLAND Globe Trade Centre, the owner of Galeria Jurajska in Częstochowa, has reported that negotiations over the sale of the shopping centre have so far failed.

PHN portfolio worth 2.2 bln

POLAND Polski Holding Nieruchomości now has 171 properties across Poland in its portfolio.

Bristol awaits new life

POLAND The Zakopane town authorities are to put the Bristol hotel up for sale.

Unibep to build on ul. Ordona

POLAND Unibep has signed a contract with Neostar Polska to build a residential estate on ul. Ordona in Warsaw.

Atal to build apartments in Wrocław

POLAND Atal has been granted a PLN 15 mln loan by mBank to finance the Stara Odra Tower residential project, which is to be developed in an investment of PLN 35 mln.

WFDiF to sell Fort Służewiec