CEE REGION IVG Immobilien has finished the first quarter of 2013 with a consolidated net loss of EUR 45.1 mln after a loss of EUR 75.7 mln in the fourth quarter of 2012.
POLAND Polimex-Mostostal has concluded a preliminary sales agreement and is to sell the Zakład Zabezpieczeń Antykorozyjnych factory in Częstochowa to Ocynkownia Ślask.
CEE REGION The value of the assets of the Penta Investments group amounted to over EUR 1.42 bln net in 2012, while the group’s net profit came to EUR 147 mln.
POLAND Residential developer Ronson Europe has registered an increase in its revenue to PLN 54.2 mln for Q1 2013 up from PLN 7.3 mln in the same period of the previous year.
POLAND The development company Gant Development has failed to redeem its bonds in due time.
POLAND Zdrojowa Invest has signed a contract to finance its Baltic Park Molo complex in Świnoujście with funds from the EU’s JESSICA initiative.
ROMANIA RomReal has confirmed that it plans sell part of its land bank.
CEE REGION Leasing volumes in Central and Eastern Europe have been declining, according to the Global Commercial Property Survey conducted by the RICS.
HUNGARY The city of Budapest is preparing to invest around EUR 50 mln in 27 large infrastructure projects, for which the city planning to apply for EU funding.
POLAND Portico Investment has bought an Intermarché supermarket in Bielsko-Biała, its 16th retail facility in Poland.
POLAND A consortium led and managed by Aareal Bank has refinanced a loan of EUR 650 mln for a retail property portfolio in Poland in what is purported to be the largest such financing transaction in the CEE region for several years.
POLAND Immofinanz is scheduled to list its shares on the Warsaw Stock Exchange from tomorrow (May 7th).
BALTIC STATES Newsec, SEB Corporate Finance and Summa Advisers have sold four assets on behalf of the BPT Secura Fund in Vilnius, Riga and Tallinn.
POLAND J.W. Construction has issued 9,120 bearer bonds with a total value of PLN 91.2 mln.
POLAND No bids have been entered to buy the citadel in Twierdza Modlin, put up for auction by the Military Property Agency.
POLAND/ROMANIA Coifer, a Romanian subsidiary of Polimex-Mostostal, is to be liquidated with the option to be restructured.
RUSSIA Raven Russia subsidiary Damicon Holdings has obtained a seven-year loan of USD 100 mln from Sberbank.
POLAND Two Azora Europe subsidiaries, Horta and SKUA, have concluded conditional agreements with Echo Investment to purchase the two office buildings of the Aquarius Business House complex in Wrocław.
ROMANIA /SLOVAKIA New Europe Property Investments (NEPI) has announced a number of investments.
CROATIA Polish investment company Alterco has cancelled its plans to buy Croatian hotel chain Jadran Crikvenica Hoteli.
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