CZECH REPUBLIC CPI Group has purchased the remaining 50 pct stake in the Copa Centrum Národní office and retail development in Prague from Swiss businessman Sebastian Pawlowski and is now the sole owner.
POLAND Polimex-Mostostal has sold the perpetual usufruct of a harbour property in Gdynia to the Industrial Development Agency’s Mars Finance 1 investment fund.
POLAND Polnord has filed a lawsuit against Miejskie Przedsiębiorstwo Wodociągów i Kanalizacji (MPWiK), the company that operates the water and sewage works in Warsaw.
POLAND Ronson Development generated revenue of PLN 198.8 mln in 2012, an increase of 106 pct on the previous year.
POLAND Construction group Mostostal Zabrze suffered a net loss in 2012 of more than PLN 11.5 mln, after generating a profit of PLN 27.9 mln a year earlier, according to a report drawn up by the company. Its sales revenue reached PLN 661 mln, compared to PLN 732.7 mln a year earlier.
POLAND The supply of office space in Warsaw increased by 270,000 sqm in 2012 and currently amounts to nearly 2.9 mln sqm, according to a report by DTZ. Another 650,000 sqm is under construction, which “will translate into a high level of supply in the next two years,” claim the authors of the report.
ROMANIA Swan Property, the developer of the Swan Office & Technology Park in Bucharest, has been declared insolvent.
CZECH REPUBLIC Karlín Group has sold the Corso IIB office project in Prague to Skanska Property Czech Republic, according to local media reports.
POLAND Echo Investment has reported its results for 2012. Its operating revenue amounted to PLN 583.6 mln, up on the PLN 406.9 mln it made in 2011.
POLAND Footwear chain Prima Moda has published its results for Q4 2012. Over the period the company restructured its sales division, closing down two stores.
POLAND Sfinks Polska has reported its results for 2012. Net revenue for the restaurant chain came to PLN 170.9 mln, while registering an operating loss of PLN 2.6 mln (compared to a loss of PLN 9.9 mln in 2011).
POLAND Warimpex has issued bonds in Poland to the value of PLN 63.1 mln (app. EUR 15.1 mln), with each bond worth PLN 1,000 (app. EUR 250).
POLAND Development company Dom Development has summed up 2012 as a difficult but successful year. The company sold 1,436 apartments over the year, nearly 300 fewer than in 2011.
POLAND The Jeronimo Martins group is planning to invest from EUR 650 to 700 mln in 2013, 70 pct of which has been earmarked for the further development of the Biedronka chain.
POLAND Globe Trade Centre group has finalised its sale of the fifth building in Platinium Business Park in Warsaw to Allianz Real Estate for a final price of EUR 34 mln.
POLAND Nickel Development has debuted on the Catalyst market of the Warsaw Stock Exchange.
POLAND Mirbud has concluded a loan agreement for up to PLN 50 mln with the Industrial Development Agency.
POLAND Orbis has sold the Mercure Kasprowy to the Bachleda Hotel company. The hotel on ul. Szymaszkowa in Zakopane was sold for PLN 56.35 mln.
ESTONIA In 2012 the total production of Estonian construction enterprises in Estonia and in foreign countries amounted to EUR 2.1 bln, representing a 19 pct increase on the previous year, according to preliminary data from Statistics Estonia.
ROMANIA New Europe Property Investments (NEPI) have announced that they are to pay a dividend of EUR 0.1205 per share.
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The Globalworth Foundation has provided the authorities in Bucharest with office space for a Covid vaccination centre.
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The Balmain Group has taken over the management of a portfolio of four warehouses owned by Adventum International. The properties, totalling around 18 ...
The University of Warsaw has signed a contract with the general contractor for a project at ul. Bednarska 2/4. The new building will house the faculti ...
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P3 has extended its long-term lease for nearly 34,000 sqm of warehouse and office space with Hopi in its P3 Mszczonów park. Hopi is involved in wareh ...