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.
Investment & finance
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.
WORLD The Rezidor hotel group has reported a marginal increase in revenue for quarter one 2013.
ROMANIA/HUNGARY CPI has applied for the delisting of Ablon from the London Stock Exchange.
RUSSIA Developer Restavracia N has received a five-year credit line of RUB 7,5 bln (app. EUR 182.8 mln) from Sberbank to finance the construction of the Knightsbridge Private Park residential estate in Moscow.
POLAND SITA Zielona Energia has received a loan of almost PLN 900 mln from Bank Gospodarstwa Krajowego, Pekao Bank and PKO BP.
POLAND Erbud has signed a contract on granting temporary contract insurance guarantees up to a limit of PLN 50 mln with Powszechny Zakład Ubezpieczeń.
POLAND Construction and development company P.A. Nova has signed a contract to sell a retail facility to Kaufland Polska Markety.
CEE REGION Atrium European Real Estate has completed the placement of a EUR 350 mln unsecured seven year eurobonds maturing in April 2020 and bearing a fixed coupon of 4 pct per annum.
CEE REGION In Q1 2013, the total commercial real estate investment volume in CEE region reached EUR 2.6 bln, according to data from CBRE.
WORLD Last year Cushman & Wakefield recorded USD 2.05 bln in full year gross revenue – the second highest in its 95-year history.
UKRAINE The European Bank for Reconstruction and Development is considering providing financing of up to USD 4.9 mln to Rialto Residence, part of Istil Group, for the refurbishment of Odessa IT Centre.
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June 2026