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Investment & finance

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Good first quarter for the investment market

schedule 14 May 2013

ROMANIA In the first quarter the Romanian investment volume totalled EUR 116 mln, representing an 18 pct increase on the same period last year.

Lease of Dom Zdrojowy paid off

schedule 14 May 2013

POLAND Dom Zdrojowy, a subsidiary of Inpro, has paid off the lease agreement for Dom Zdrojowy Spa in Jastarnia.

Investment & finance

Reinhold CEO and board damned by special examination

schedule 13 May 2013
Nathan North
deputy editor

POLAND A special examiner’s report has severely criticised the CEO and board of Reinhold Polska and indicated that criminal offences may have been committed.

Less bad results for IVG

schedule 13 May 2013

CEE REGION IVG Immobilien has finished the first quarter of 2013 with a consolidated net loss of EUR 45.1 mln after a loss of EUR 75.7 mln in the fourth quarter of 2012.

Polimex-Mostostal sells Częstochowa factory

schedule 09 May 2013
Eurobuild CEE

POLAND Polimex-Mostostal has concluded a preliminary sales agreement and is to sell the Zakład Zabezpieczeń Antykorozyjnych factory in Częstochowa to Ocynkownia Ślask.

Penta reports profit of EUR 147 mln

schedule 09 May 2013
Eurobuild CEE

CEE REGION The value of the assets of the Penta Investments group amounted to over EUR 1.42 bln net in 2012, while the group’s net profit came to EUR 147 mln.

Ronson sees revenue rise

schedule 09 May 2013
Aneta Cichla

POLAND Residential developer Ronson Europe has registered an increase in its revenue to PLN 54.2 mln for Q1 2013 up from PLN 7.3 mln in the same period of the previous year.

Gant short of PLN 10 mln

schedule 09 May 2013
Aneta Cichla

POLAND The development company Gant Development has failed to redeem its bonds in due time.

Investment & finance

Baltic Park Molo receives hug from JESSICA

schedule 08 May 2013

POLAND Zdrojowa Invest has signed a contract to finance its Baltic Park Molo complex in Świnoujście with funds from the EU’s JESSICA initiative.

RomReal to sell land

schedule 07 May 2013

ROMANIA RomReal has confirmed that it plans sell part of its land bank.

Polish properties values on the slide

schedule 07 May 2013

CEE REGION Leasing volumes in Central and Eastern Europe have been declining, according to the Global Commercial Property Survey conducted by the RICS.

Budapest plans EUR 50 mln upgrade

schedule 07 May 2013

HUNGARY The city of Budapest is preparing to invest around EUR 50 mln in 27 large infrastructure projects, for which the city planning to apply for EU funding.

Portico buys Intermarché

schedule 07 May 2013

POLAND Portico Investment has bought an Intermarché supermarket in Bielsko-Biała, its 16th retail facility in Poland.

Aareal consortium agrees EUR 650 mln refinancing of retail portfolio

schedule 06 May 2013

POLAND A consortium led and managed by Aareal Bank has refinanced a loan of EUR 650 mln for a retail property portfolio in Poland in what is purported to be the largest such financing transaction in the CEE region for several years.

Investment & finance

Immofinanz poised for Warsaw listing

schedule 06 May 2013
Nathan North
deputy editor

POLAND Immofinanz is scheduled to list its shares on the Warsaw Stock Exchange from tomorrow (May 7th).

Capital Mill buys four properties from BPT Secura Fund

schedule 06 May 2013

BALTIC STATES Newsec, SEB Corporate Finance and Summa Advisers have sold four assets on behalf of the BPT Secura Fund in Vilnius, Riga and Tallinn.

J.W. Construction issues bonds

schedule 06 May 2013

POLAND J.W. Construction has issued 9,120 bearer bonds with a total value of PLN 91.2 mln.

Nobody wants the citadel

schedule 26 April 2013
Eurobuild CEE

POLAND No bids have been entered to buy the citadel in Twierdza Modlin, put up for auction by the Military Property Agency.

Coifer to be liquidated

schedule 25 April 2013
Aneta Cichla

POLAND/ROMANIA Coifer, a Romanian subsidiary of Polimex-Mostostal, is to be liquidated with the option to be restructured.

Raven granted USD 100 mln refinancing

schedule 25 April 2013
Rafał Ostrowski
journalist

RUSSIA Raven Russia subsidiary Damicon Holdings has obtained a seven-year loan of USD 100 mln from Sberbank.

Edition 11 (293) November 2024

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