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Investment & finance

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Azora buys Aquarius Business Park

schedule 25 April 2013
Aneta Cichla

POLAND Two Azora Europe subsidiaries, Horta and SKUA, have concluded conditional agreements with Echo Investment to purchase the two office buildings of the Aquarius Business House complex in Wrocław.

NEPI announces four investments

schedule 25 April 2013

ROMANIA /SLOVAKIA New Europe Property Investments (NEPI) has announced a number of investments.

Alterco drops plans to buy Jadran Hotel Chain

schedule 24 April 2013
Rafał Ostrowski
journalist

CROATIA Polish investment company Alterco has cancelled its plans to buy Croatian hotel chain Jadran Crikvenica Hoteli.

Smaller losses for Rezidor

schedule 24 April 2013
Eurobuild CEE

WORLD The Rezidor hotel group has reported a marginal increase in revenue for quarter one 2013.

Ablon delists

schedule 23 April 2013

ROMANIA/HUNGARY CPI has applied for the delisting of Ablon from the London Stock Exchange.

Knightsbridge Private Park with EUR 182 mln financing

schedule 23 April 2013
Rafał Ostrowski
journalist

RUSSIA Developer Restavracia N has received a five-year credit line of RUB 7,5 bln (app. EUR 182.8 mln) from Sberbank to finance the construction of the Knightsbridge Private Park residential estate in Moscow.

PLN 900 mln for PPP project

schedule 19 April 2013
Eurobuild CEE

POLAND SITA Zielona Energia has received a loan of almost PLN 900 mln from Bank Gospodarstwa Krajowego, Pekao Bank and PKO BP.

Erbud extends guarantee lines

schedule 19 April 2013
Eurobuild CEE

POLAND Erbud has signed a contract on granting temporary contract insurance guarantees up to a limit of PLN 50 mln with Powszechny Zakład Ubezpieczeń.

P.A. Nova finalises sale to Kaufland

schedule 19 April 2013
Eurobuild CEE

POLAND Construction and development company P.A. Nova has signed a contract to sell a retail facility to Kaufland Polska Markety.

AERE EUR 350 mln bond placement

schedule 19 April 2013
Rafał Ostrowski
journalist

CEE REGION Atrium European Real Estate has completed the placement of a EUR 350 mln unsecured seven year eurobonds maturing in April 2020 and bearing a fixed coupon of 4 pct per annum.

CEE property investment triples in Q1 2013

schedule 18 April 2013
Rafał Ostrowski
journalist

CEE REGION In Q1 2013, the total commercial real estate investment volume in CEE region reached EUR 2.6 bln, according to data from CBRE.

C&W reports record revenue for 2012

schedule 17 April 2013

WORLD Last year Cushman & Wakefield recorded USD 2.05 bln in full year gross revenue – the second highest in its 95-year history.

EBRD to finance Odessa IT Centre

schedule 16 April 2013

UKRAINE The European Bank for Reconstruction and Development is considering providing financing of up to USD 4.9 mln to Rialto Residence, part of Istil Group, for the refurbishment of Odessa IT Centre.

Secure Property Development & Investments back in the black

schedule 16 April 2013

EUROPE Secure Property Development & Investments recorded a 188 pct in operating profit to USD 2.3 mln in 2012.

Union Investment launches hotel fund

schedule 15 April 2013

EUROPE Union Investment has launched a new real estate fund for hotel properties: UII Hotel Nr. 1.

More time for Polimex-Mostostal

schedule 15 April 2013

POLAND The creditors of Polimex-Mostostal have agreed to extend the period in which the company intends to raise PLN 50 mln via a share issue.

PLN 1 bln for Warsaw metro

schedule 12 April 2013
Eurobuild CEE

POLAND The European Investment Bank has granted financing worth PLN 1 bln (app. EUR 238 mln) for the construction of the central section of Warsaw’s second metro line.

Potok faces bankruptcy

schedule 11 April 2013
Rafał Ostrowski
journalist

RUSSIA Moscow based developer Potok has revealed that its financial situation has become critical.

EBRD considers road renovations

schedule 11 April 2013

SERBIA The European Bank of Reconstruction and Development is considering a loan of up to EUR 100 mln to the Republic of Serbia in order to finance improvements to the country’s road network.

Moscow enters global top 10 for investment volumes

schedule 11 April 2013
Rafał Ostrowski
journalist

RUSSIA Moscow appeared within the top 10 cities in the world with the highest investment levels with USD 3 bln invested in Q4 2012, according to Jones Lang LaSalle.

Edition 11 (293) November 2024

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