BOSNIA-HERZEGOVINA Croatian company B.M.V. Inžinjering d.o.o. Zagreb has bought for BAM 4 mln (over EUR 2 mln) the state-owned Hotel Neum in Neum Rivera.
RUSSIA IMG has signed a long-term financing agreement for USD 218 mln has been signed with Russian bank Sberbank for the construction of the Zelenopark shopping centre near Moscow.
CEE REGION In 2012 a positive total return on all property in the CEE region of 5.6 pct was generated, according to The IPD Central and Eastern European Annual Property Index.
ROMANIA A consortium made up of Max Bögl, Vega ’93 and UTI Grup has won a RON 139 mln (EUR 31.6 mln) tender for the upgrade and extension of the Iași International airport, according to local media.
RUSSIA/UKRAINE Irish Bank Resolution Corporation (IBRC) and A1, a company belonging to Alfa Group have set up a joint venture to recover control over properties worth USD 500 mln located in Russia and Ukraine.
CZECH REPUBLIC/ROMANIA CPI Group is to take control of 92.65 pct of the share capital of developer Ablon.
POLAND The consolidated revenue of the Gino Rossi capital group for the three first months of the year amounted to PLN 51.5 mln.
POLAND PKO BP bank is planning to sell its stake in Qualia Development, stated Jakub Papierski, vice-president of the bank at a press. conference.
ROMANIA Holzindustrie Schweighofer is to develop a wood working factory in Covasna county in an investment of EUR 150 mln.
CEE REGION pbb Deutsche Pfandbriefbank has agreed extensions to its EUR 125 mln senior facilities to the Central European Fund, managed by Pramerica Real Estate Investors.
CZECH REPUBLIC CPI has issued bonds worth CZK 1.5 bln (app. EUR 58 mln).
POLAND Gant Development has signed a framework agreement with its institutional creditors regarding the restructuring of the its debt.
EUROPE Warimpex Finanz-und Beteiligungs Aktiengesellschaft has issued convertible bonds with a combined nominal value of PLN 26.5 mln (app. EUR 6.3 mln).
POLAND Rank Progress has signed a contract to sell the Galeria Świdnicka to Elsoria Polska I for EUR 25 mln.
RUSSIA/ESTONIA Technopolis has issued 14,859 new shares in exchange for 2007 c-series stock options.
EUROPE Goodman European Logistics Fund has raised EUR 500 mln through a five-year bond issue.
CEE REGION A total of EUR 958 mln was invested in Poland, Czech, Slovakia, Hungary and Romania in the first quarter of 2013 according to Cushman & Wakefield.
CZECH REPUBLIC Orco Property Group made a net loss of EUR 40 mln last year.
BULGARIA Fourlis and Danaos are to invest EUR 70 mln to develop a residential complex in Sofia.
POLAND Redan has reached an agreement for the repayment of PLN 7.5 mln to holders of its series ‘C’ bonds.
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