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Orco makes EUR 40 mln loss despite growth in sales revenue

schedule 29 March 2013

CZECH REPUBLIC Orco Property Group made a net loss of EUR 40 mln last year.

Fourlis and Danaos to invest in two Sofia projects

schedule 29 March 2013

BULGARIA Fourlis and Danaos are to invest EUR 70 mln to develop a residential complex in Sofia.

Another bondholder joins Redan agreement

schedule 29 March 2013

POLAND Redan has reached an agreement for the repayment of PLN 7.5 mln to holders of its series ‘C’ bonds.

Celtic Property Developments to buy back shares

schedule 29 March 2013

POLAND Celtic Property Developments has decided to buy back 1,732,394 of the company’s own shares.

Hines buys New City

schedule 28 March 2013

POLAND Hines Global REIT has bought the New City office complex in Warsaw from Europejskie Centrum Inwestycyjne (ECI) for an undisclosed sum.

Trianon changes hands

schedule 28 March 2013

CZECH REPUBLIC ČS Nemovitostní Fond has bought the Trianon mixed-use building in Prague 4 from UniImmo: Europa.

Raven issues more shares

schedule 28 March 2013

RUSSIA Raven Russia has approved the issue of 235,232 new preference shares priced at GBP 0.01.

EU money for roads unblocked

schedule 28 March 2013

POLAND The European Commission has unfrozen financing for road construction in Poland, the Ministry of Regional Development has reported.

Crucial time for Gant Development

schedule 27 March 2013

POLAND This week, Gant Development intends to agree on and sign an agreement with its bond holders setting out the terms by which it is to repay PLN 27 mln in unsecured bonds which are due to mature on March 29th.

BBI records losses

schedule 27 March 2013

POLAND In 2012 BBI Development sales revenue was PLN 8.6 mln.

Earnings up for GTC

schedule 12 March 2013
Eurobuild CEE

POLAND Globe Trade Centre’s rental and service revenue came to EUR 129 mln in 2012. Rental and service revenue on a like-for-like basis (accounting for the sale of Galeria Mokotów) was up to EUR 148 mln from EUR 144 mln in 2011.

Sales boost for JHM Development

schedule 12 March 2013
Eurobuild CEE

POLAND JHM Development generated sales revenue of PLN 74.3 mln in 2012, 5 pct more than in 2011, but its profit on sales decreased from PLN 12.9 mln in 2011 to PLN 10.7 mln.

No major changes on commercial market in 2013

schedule 12 March 2013
Eurobuild CEE

POLAND No dramatic changes are to occur in the commercial property investment market over 2013, predicts Cushman & Wakefield in its ‘Marketbeat Polska – Spring 2013’ report.

Peakside completes EUR 230 mln of deals in 2012

schedule 12 March 2013
Eurobuild CEE

EUROPE European real estate private equity firm Peakside Capital completed transactions over EUR 230 mln worth of transactions last year, significantly higher than the EUR 140 mln that were completed in 2011.

Active lenders up by 29 pct – C&W

schedule 12 March 2013
Eurobuild CEE

EUROPE The number of active European real estate lenders has increased by 29 pct – according to data published today in Cushman & Wakefield’s ‘European Real Estate Lending Survey 2013’.

Highest investment volume since 2006 – Savills

schedule 12 March 2013
Eurobuild CEE

POLAND Last year Poland saw its highest annual real estate investment volume since 2006, according to research by Savills.

Bankrupt mall for sale

schedule 11 March 2013
Eurobuild CEE

BULGARIA Pleven Mall in Pleven has been put up for sale by a private enforcement agency. The starting price is RON 10.6 mln (EUR 5.4 mln).

Strong results from Raven

schedule 11 March 2013
Eurobuild CEE

RUSSIA Raven Russia has released its results for 2012. Net Operating income was up by 49 pct from USD 91.7 mln to USD 136.5 mln. The company’s underlying operating profit was up 63 pct from USD 68.9 mln to USD 112.1 mln.

PPF granted EUR 185 mln loan for ComCity

schedule 11 March 2013
Eurobuild CEE

RUSSIA PPF Real Estate Russia, part of the PPF Group, and Sberbank have reached an agreement to provide PPF with a credit line worth EUR 185.84 mln for the financing of the construction and completion of the first phase of PPF‘s ComCity mixed-use development in Moscow.

KSP buys Holland Park offices

schedule 11 March 2013
Eurobuild CEE

POLAND Kulczyk Silverstein Properties (KSP) has bought the Holland Park office building in central Warsaw for an undisclosed sum.

Edition 11 (293) November 2024

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