Investment & finance

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Galeria Dominikańska sold for EUR 151.7 mln

schedule 21 June 2013

POLAND Atrium European Real Estate has bought Galeria Dominikańska shopping centre in Wroclaw for EUR 151.7 mln.

Glavstroy enters strategic cooperation with Sberbank

schedule 21 June 2013
Rafał Ostrowski
journalist

RUSSIA Sberbank has signed a strategic cooperation agreement with Glavstroy (Главстрой) to help it redevelop industrial areas in Moscow.

Metronom swings between owners

schedule 13 June 2013
Nathan North
managing editor (English section)

CZECH REPUBLIC Trigema is reported to have bought the Metronom West residential project in Nové Butovice (Prague 13) from Passerinvest for an undisclosed sum.

Atenor sells Moravian property to Oska

schedule 13 June 2013
Nathan North
managing editor (English section)

CZECH REPUBLIC Belgian development group Atenor has sold a logistics and production facility in Prostějov, Moravia.

Adgar buys Ochota Office Park

schedule 13 June 2013

POLAND Adgar Group has acquired the Ochota Office Park complex on Al. Jerozolimskie in Warsaw.

Jerónimo Martins buys Kołobrzeg property

schedule 21 June 2013

POLAND TUP Property has sold a property on ul. Wojska Polskiego in Kołobrzeg to Jerónimo Martins Polska.

USD 230 mln financing for CSKA stadium

schedule 24 June 2013
Eurobuild CEE

RUSSIA A consortium of banks including Vnesheconombank, Bank of America, Sumitomo Mitsui Finance Dublin, and CJSC Sumitomo Mitsui Rus will finance the construction of CSKA Moscow stadium with a five-year credit line of USD 230 mln (EUR 176 mln).

Another auction for Focşani mall

schedule 03 June 2013

ROMANIA Liquidators RVA Insolvency Specialists is to auction for a second time, a shopping centre, construction work on which has not been completed, as well as a supermarket.

HB Reavis fund reports return of over 10 pct

schedule 29 May 2013
Nathan North
managing editor (English section)

SLOVAKIA Real estate investment fund HB Reavis CE Real Estate Investment Fund has reported a total return of 10.12 pct per annum and a dividend of 5.29 pct (EUR 53 per share).

Orco revenue declines

schedule 29 May 2013

EUROPE Orco has recorded an EUR 6.3 mln y-o-y decrease in its revenue which stood at EUR 23 mln at the end of the first quarter.

CA Immo sees profits increase

schedule 29 May 2013
Eurobuild CEE

EUROPE CA Immo has registered a net increase in its consolidated net income of 17 pct to EUR 20.3 mln for the first quarter of the year.

Good first quarter for Warimpex

schedule 29 May 2013
Eurobuild CEE

EUROPE Sales revenue from Warimpex hotels (including joint ventures) was up by 2 pct y-o-y to almost EUR 22,1 mln.

Warehouse complex for sale

schedule 29 May 2013
Eurobuild CEE

RUSSIA Russian investment and development company Accent has put up for sale the 55,000 sqm A-Terminal warehouse complex.

Sjaelso sells land in Warsaw

schedule 29 May 2013
Eurobuild CEE

POLAND Danish developer Sjaelso has sold two Warsaw sites, on which it previously planned to develop the Postępu 22 and Tower Terraces office projects , for EUR 18 mln.

Immofinanz takes lead in the region

schedule 28 May 2013
Eurobuild CEE

CEE REGION The return on the East European properties owned by Immofinanz came to 10.2 pct in 2012.

Ethos to invest in Bucharest

schedule 28 May 2013

ROMANIA Ethos House is to invest EUR 7 mln in the development of an office building on Strada Gheorghe Ţiţeica in Bucharest’s Floreasca district.

Investment volumes fall

schedule 28 May 2013
Eurobuild CEE

BALTIC STATES Total investment volume reached EUR 480 mln in 2012, according to Colliers International, around a quarter less than in the EUR 643 mln in 2011.

Silesia City Center sold for EUR 412 mln

schedule 28 May 2013
Eurobuild CEE

POLAND Austrian real estate company Immofinanz Group has sold Silesia City Centre for EUR 412 mln to a consortium led by Allianz.

Fewer big deals

schedule 27 May 2013
Eurobuild CEE

POLAND The investment volume in the first quarter of this year came to EUR 600 mln, app. 18 pct less y-o-y, but investors were more active in terms of the total number of transactions, according to the Market in Minutes.

Meridian to make EUR 200 mln offering

schedule 17 June 2013
Rafał Ostrowski
journalist

POLAND Dutch real estate investment trust (REIT) Meridian Properties plans to debut on the Warsaw Stock Exchange with a public offering of EUR 200 mln.

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