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Oaktree forms Griffin partnership

schedule 14 March 2013
Nathan North
managing editor (English section)

POLAND Oaktree Capital Management has become a new joint stakeholder and partner of the Griffin Group.

Invesco RE buys Stará Celnice

schedule 14 March 2013
Nathan North
managing editor (English section)

CZECH REPUBLIC Invesco Real Estate (IRE) has acquired the Stará Celnice office building in Prague 1.

Robyg buys land from Carrefour

schedule 21 December 2012
Eurobuild CEE

POLAND Grupa Robyg has finalised its purchase of a plot on al. Rzeczypospolitej in Warsaw from Carrefour Polska for PLN 29.9 mln net

JLL predicts EUR 2.5 bln volume for 2012

schedule 21 December 2012
Eurobuild CEE

POLAND Jones Lang LaSalle is predicting a Polish commercial real estate transaction volume of at least EUR 2.5 bln for 2012.

Bluehouse buys the last of Infopark

schedule 21 December 2012
Eurobuild CEE

HUNGARY IVG Immobilien has sold the last of the six office properties it developed in Budapest’s Infopark. The buyer of Infopark ‘E’ is Bluehouse Capital, which specialises in property investment in the CEE and SEE regions.

InterContinental Warsaw sale signed and sealed

schedule 21 December 2012
Eurobuild CEE

POLAND The sale of the InterContinental hotel in Warsaw to WestInvest InterSelect, a retail real estate fund of Germany’s DekaBank group, was finalised today.

Four Winds changes hands

schedule 19 December 2012
Eurobuild CEE

RUSSIA Capricornus Investments has bought the Westec Four Winds office and residential project in Moscow from AFI Development and S&T Equity.

Strahov Stadium sold to Czech FA

schedule 19 December 2012
Eurobuild CEE

CZECH REPUBLIC The Czech Sports Association (ČSTV) has agreed to sell the massive Velký Strahovský Stadion or Strahov Stadium in Prague, as well as the adjacent Stadion Evžena Rošického football stadium, the Přátelství athletics ground and the Coubertin hotel, to the Czech Football Association (FAČR) – according to local media reports.

PHN with new privatisation plan

schedule 18 December 2012
Eurobuild CEE

POLAND The government has changed its plans to privatise Polski Holding Nieruchomości. The sale is now to take place in two stages.

Local councils to take over health resorts

schedule 18 December 2012
Eurobuild CEE

POLAND The government is proposing to hand over six health resorts that were not included in an earlier privatisation programme to local government authorities.

Polnord restructures debt

schedule 18 December 2012
Eurobuild CEE

POLAND Polnord has redeemed all its bonds that matured in 2012 with a total nominal value of PLN 241.7 mln, using its own funds.

Rzeszów secures financing for exhibition centre

schedule 20 December 2012
Eurobuild CEE

POLAND The construction of the Exhibition and Congress Centre of Podkarpackie Province in Rzeszów will cost more than PLN 102 mln.

Prologis sets up PELP with NIBM

schedule 20 December 2012
Eurobuild CEE

EUROPE Prologis has signed a definitive agreement with Norges Bank Investment Management (NBIM) to form Prologis European Logistics Partners Sàrl, a euro-denominated joint venture.

Griffin Group buys Renoma and negotiates with Warsaw

schedule 20 December 2012
Eurobuild CEE

POLAND Griffin Group is the new owner of Dom Handlowy Renoma in Wrocław. The fund has bought the department store for EUR 117.6 mln from Centrum Development & Investments.

PHN looking for partner for large Gdynia project

schedule 20 December 2012
Eurobuild CEE

POLAND Polski Holding Nieruchomości is to build the Port Rybacki (Fishermen’s Port) office and residential development on ul. Hryniewickiego in Gdynia.

UOKiK approves sale of Elektromontaż-Poznań

schedule 17 December 2012
Eurobuild CEE

POLAND The Office of Competition and Consumer Protection (UOKiK) has approved the takeover of Eletromontaż-Poznań by Budimex.

Polnord merges with subsidiaries

schedule 17 December 2012
Eurobuild CEE

POLAND Polnord has decided to merge with a number of its fully-owned subsidiaries, including Polnord Łódź I, Polnord Łódź III, Polnord Nieruchomości Inwestycyjne and PD Development.

Financing secured for Split port expansion

schedule 17 December 2012
Aneta Cichla

CROATIA The European Bank for Reconstruction and Development (EBRD) is to lend the Port of Split Authority EUR 18.8 mln to renovate and extend the port’s passenger wharves.

Polish high street to take off, says Savills

schedule 17 December 2012
Eurobuild CEE

EUROPE The number of high street investment deals has increased from less than 5 pct of total retail investment in 2007 to 37 pct in the first three quarters of 2012 in the top eight continental European markets, according to Savills.

Terms changed for Mercure Zakopane acquisition

schedule 14 December 2012
Eurobuild CEE

POLAND The preliminary purchase conditions for the sale of the Mercure Zakopane hotel have been amended.

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