PL

Investment & finance

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Short-term loan for Budimex

schedule 25 February 2013
Eurobuild CEE

POLAND ING Bank Śląski has leant Budimex up to PLN 25 mln, which is to be repaid by February 18th.

Metropolis sold

schedule 25 February 2013
Eurobuild CEE

RUSSIA Morgan Stanley Real Estate Investing has bought the 205,000 sqm Metropolis shopping Centre in Moscow for one of the funds it is managing.

EM&F sees Q4 sales growth

schedule 21 February 2013
Eurobuild CEE

POLAND In Q4 2012 the net sales revenue of the Empik Media & Fashion group amounted to PLN 1.1 bln – 4 pct higher than the same period in 2011.

Finance for DomExpo Opole

schedule 21 February 2013
Eurobuild CEE

POLAND Kępska, the investor and developer of the DomExpo project in Opole, has been granted financing for the project by Invest Bank.

Orbis enjoys modest growth

schedule 21 February 2013
Eurobuild CEE

POLAND The total revenue of Grupa Hotelowa Orbis increased by 3.3 pct y-o-y in 2012, amounting to PLN 691.5 mln.

PKP railway stations for sale or renovation

schedule 20 February 2013
Eurobuild CEE

POLAND PKP is considering the sale of 50 railway stations this year, after having sold 58 in 2011.

Successful year for Budimex

schedule 20 February 2013
Eurobuild CEE

POLAND Grupa Budimex has released its results for 2012. Net revenue from sales of products, goods and materials came to nearly PLN 6.08 bln up on 2011 revenues of PLN 5.5 bln in 2011.

Platinium Properties prepares WSE flotation

schedule 20 February 2013
Eurobuild CEE

POLAND Platinium Properties Group has begun the book building process for its flotation on the Warsaw Stock Exchange.

EFH unable to buy back bonds

schedule 20 February 2013
Eurobuild CEE

POLAND Europejski Fundusz Hipoteczny has applied to the District Court in Warsaw to extend the maturity of its EF series bonds, upon which payment is currently due.

Eften Real Estate Fund acquires Hotel Palace in Tallinn

schedule 20 February 2013
Eurobuild CEE

ESTONIA Eften Real Estate Fund and AS Esraven in a 50:50 joint venture have purchased the Hotel Palace on Vabaduse väljak (‘Freedom square’) in Tallinn from Scandic Hotels for an undisclosed price. Eften has announced that the building is to be fully renovated.

Valad takes control of GE Capital’s Polish Retail Fund

schedule 20 February 2013
Eurobuild CEE

POLAND Real estate investment manager Valad has acquired the investment adviser and asset management teams of GE Capital Real Estate’s Polish Retail Fund for an undisclosed price.

Próchnik buys Rage Age

schedule 19 February 2013
Eurobuild CEE

POLAND fashion retailer Próchnik has bought the Rage Age clothing brand for PLN 18 mln. The transaction has been financed through the issue and acquisition of I series shares.

Universal sale

schedule 19 February 2013
Eurobuild CEE

POLAND The court appointed administrator of Metro-Projekt has announced the former headquarters of Universal Foreign Trade Centre.

Better results for LPP

schedule 19 February 2013
Eurobuild CEE

POLAND The LPP capital group has reported improved sales revenue for Q4 2012 amounting to PLN 962 mln. This represents a 22 pct increase on the previous year.

Warsaw leaves Vienna, Rome and Madrid behind

schedule 19 February 2013
Eurobuild CEE

POLAND The commercial property market in Warsaw is one of the most attractive in Europe, according to the ‘Emerging Trends in Real Estate Europe 2013’ ranking drawn up by PwC and the Urban Land Institute.

IKEA sees strong growth in 2012

schedule 19 February 2013
Eurobuild CEE

POLAND Inter IKEA Centre Group Poland has released its results for 2012 and reported an increase in footfall at its retail parks and shopping centres, an increase in turnover of over 9 pct, nearly 50 newly signed leases as well as 150 lease extensions and the repositioning of two retail parks.

CPI makes offer for Ablon

schedule 19 February 2013
Eurobuild CEE

CEE REGION CPI has indicated that it is considering a possible takeover for Ablon at a price of GBP 0.225 per ordinary share in cash, valuing the company's entire issued share capital at GBP 30.8 mln (app. EUR 37.5 mln).

Penta secures EUR 113 mln refinancing for Digital Park

schedule 19 February 2013
Eurobuild CEE

SLOVAKIA Penta has secured EUR 113 mln in refinancing for its Digital Park office project in Bratislava. The loan is to be used to refinance existing loans for the construction of Digital Park I and II and finance construction work on Digital Park III.

Helical demands payment from BNP Paribas

schedule 18 February 2013
Eurobuild CEE

POLAND Helical Sośnica, an SPV company of Helical Poland established to develop the Europa Centralna retail centre, has demanded that BNP Paribas Bank Polska pay out PLN 25.9 mln from a guarantee it issued for the completion of the work on the centre to the general contractor, Polimex-Mostostal.

Waryński signs contracts with partners

schedule 18 February 2013
Eurobuild CEE

POLAND The Waryński group has signed an investment contract with Polnord and Dantex to develop two residential and office projects on ul. Jana Kazimerza in Warsaw’s Wola district by setting up joint venture companies with both firms.

Edition 11 (293) November 2024

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