Investment & finance

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Banks ranked by Polish Association of Developers

schedule 27 June 2013

POLAND Getin Noble Bank, PKO BP and Pekao have topped the rankings drawn up by the Polish Association of Developers for banks that finance residential projects.

PPG debuts on WSE

schedule 27 June 2013

POLAND Platinum Properties Group, which was listed on the NewConnect market, has debuted on the main trading floor of the Warsaw Stock Exchange.

Profit up for J.W. Construction

schedule 16 May 2013
Eurobuild CEE

POLAND In Q1 2013 J.W. Construction Holding recorded sales revenue of PLN 85.9 mln with a net profit of PLN 4.3 mln (PLN 2.46 mln in Q1 2012).

Inpro sees sales soar

schedule 16 May 2013
Eurobuild CEE

POLAND Inpro Capital Group has recorded a 104 pct increase y-o-y in its consolidated sales revenue for Q1 2013 generating a revenue of PLN 53.8 mln.

Strong results for MirLand

schedule 16 May 2013
Eurobuild CEE

RUSSIA MirLand Development Corporation has recorded a 7.6 pct q-o-q increase in its assets to USD 800.4 mln in the first quarter of the year.

Strong profits for Budimex

schedule 28 May 2013
Eurobuild CEE

POLAND The total value of all road tenders decreased by 40 pct in 2011 and in 2012 by a further 15 pct.

First PKP station sales

schedule 07 June 2013

POLAND Polish State Railways (PKP) has sold two stations as part of its ‘Dworzec na własność’ project.

Alcon obtains USD 250 mln loan

schedule 26 June 2013
Rafał Ostrowski
journalist

RUSSIA Sberbank of Russia has lent USD 250 mln for ten years to Office-Centr (Офис-центр), a subsidiary of Moscow-based real estate development and management company Alcon Group.

Investment & finance

Unilever to move to Eurocentrum

schedule 26 June 2013

POLAND Unilever is to occupy 5,410 sqm in the Eurocentrum Office Complex.

Wikana raises money

schedule 25 June 2013
Aneta Cichla

POLAND The Lublin-based developer Wikana is planning to issue bonds with a value of several million zloty.

Investment & finance

Rýnovka changes hands

schedule 25 June 2013

CZECH REPUBLIC Bluehouse Capital has bought the Rýnovka shopping centre in Jablonec from the Czech and Slovak Fund of CPDP2 for an undisclosed price.

Włodarzewska pays off debt

schedule 06 June 2013

POLAND Włodarzewska has redeemed 21,000 ‘A’ series bonds with a total nominal value of PLN 21 mln.

Tallinn plans property sale

schedule 06 June 2013

ESTONIA The city of Tallinn intends to sell 82 properties in the city’s Kopli Liinid district.

Rank Progress acquires financing for Brama Pomorza

schedule 18 June 2013
Aneta Cichla

POLAND BRE Bank has granted a number of credit facilities with a combined value in excess of PLN 157 mln to Rank Progress.

Alpine Bau files for insolvency

schedule 19 June 2013
Rafał Ostrowski
journalist

CEE REGION Alpine Bau has decided to present a voluntary declaration of insolvency before the Austrian courts in view of being unable to pay its debt obligations.

PBG claims add up to PLN 2.776 bln

schedule 19 June 2013
Eurobuild CEE

POLAND PBG list of claims to be presented to the judge commissioner of its bankruptcy process comes to more than PLN 2.776 bln.

Arricano announces USD 25 mln credit line

schedule 20 June 2013
Rafał Ostrowski
journalist

UKRAINE Arricano Real Estate has been granted a USD 25 mln credit line for a period of five years.

H&M sees more sales

schedule 20 June 2013
Aneta Cichla

EUROPE During the first six months of its financial year (from December until May) the H&M clothing group saw a 5 pct increase in sales in local currencies on the same period of the previous year.

PKP signs agreement with Łódź

schedule 20 June 2013

POLAND Polish State Railways (PKP) has signed an agreement with the city of Łódź concerning the development of the area around the newly-built Łódź Fabryczna railway station.

EPISO3 buys five shopping centres

schedule 21 June 2013
Rafał Ostrowski
journalist

POLAND European Property Investors Special Opportunities 3 fund has agreed to acquire a portfolio of five shopping centres in Poland for EUR 174.5 mln.

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