Investment &amp; finance

ROMANIA The European Commission has approved the reimbursement of EUR 172 mln to the Romanian government under the Transport Operational Programme.

Etalon sees 30 pct growth in sales

Rafał Ostrowski
journalist

RUSSIA With new contract sales amounting to RUB 6.75 bln (EUR 158 mln), Etalon Group recorded a 30 pct increase in residential sales y-o-y in the second quarter of 2013.

C&W to advise PKP

POLAND Cushman & Wakefield is to advise Polish State Railways (PKP) on the development of a property on ul. Towarowa in Warsaw.

GELF completes EUR 550 mln rights issue

EUROPE Goodman European Logistics Fund (GELF) has raised EUR 550 mln via a rights issue to existing investors.

Russian investment volumes reach USD 4.63 bln

RUSSIA Investment volume in commercial real estate reached USD 4.63 bln in the first half of 2013, according to Cushman & Wakefield.

Investment market hotting up

CEE REGION The investment volume across the CEE region came to over EUR 1.7 bln in H1 2013, according to Cushman & Wakefield.

Polnord and Semeko in joint venture

POLAND Polnord is to help in the construction of the Aquasfera residential project in Reda near Gdańsk.

Developers eye up factory site

POLAND Three binding offers have been submitted for the purchase of an 85 pct stake in Warszawskie Zakłady Mechaniczne PZL-WZM, which is being sold by the government.

Mostostal sues Marvipol

Rafał Ostrowski
journalist

POLAND Mostostal Warszawa has filed a lawsuit against Zielona Italia, an SPV company belonging to Marvipol.

Investment increases by a third

04 July 2013

RUSSIA Russian real estate investment volumes reached USD 3.7 bln in the first half of this year, according to data provided by Jones Lang LaSalle.

Blackstone poised to take over Multi Corporation

03 July 2013

WORLD The European Commission has been notified of the proposed takeover of Dutch-based Multi Corporation by US-based private equity group Blackstone.

Nathan North
managing editor (English section)

Sale of Aquarius finalised

03 July 2013

POLAND Echo Investment has closed the sale of the Aquarius Business House office building in central Wrocław.

Lenta to issue EUR 750 mln of bonds

03 July 2013

Rafał Ostrowski
journalist

RUSSIA Lenta, one of the largest supermarket chains in Russia, is planning a secondary issue of ten-year bonds with the total value of RUB 33 bln (app. EUR 766 mln) and a nominal bond value RUB 1,000.

Polnord sues Warsaw

POLAND Polnord has instituted legal proceedings against the City of Warsaw and the provincial governor of the Masovian province.

Apollo Business Centre IV sold to Generali

Nathan North
managing editor (English section)

SLOVAKIA HB Reavis Group has sold the Apollo Business Center IV in Bratislava to Czech insurance company Česká pojišťovna, part of European insurance conglomerate Generali Group.

EUR 970 invested in Poland in H1

Nathan North
managing editor (English section)

POLAND Investment transactions in Poland reached EUR 970 mln in the first half of the year, according to Jones LaSalle.

Globalworth Real Estate enters Romania

ROMANIA Globalworth Real Estate Investments, a company incorporated in Guernsey on February 14th, is to issue bonds on the AIM market of the London Stock Exchange.

Property swap for BCR