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Peakside completes EUR 230 mln of deals in 2012

schedule 12 March 2013
Eurobuild CEE

EUROPE European real estate private equity firm Peakside Capital completed transactions over EUR 230 mln worth of transactions last year, significantly higher than the EUR 140 mln that were completed in 2011.

Active lenders up by 29 pct – C&W

schedule 12 March 2013
Eurobuild CEE

EUROPE The number of active European real estate lenders has increased by 29 pct – according to data published today in Cushman & Wakefield’s ‘European Real Estate Lending Survey 2013’.

Highest investment volume since 2006 – Savills

schedule 12 March 2013
Eurobuild CEE

POLAND Last year Poland saw its highest annual real estate investment volume since 2006, according to research by Savills.

Bankrupt mall for sale

schedule 11 March 2013
Eurobuild CEE

BULGARIA Pleven Mall in Pleven has been put up for sale by a private enforcement agency. The starting price is RON 10.6 mln (EUR 5.4 mln).

Strong results from Raven

schedule 11 March 2013
Eurobuild CEE

RUSSIA Raven Russia has released its results for 2012. Net Operating income was up by 49 pct from USD 91.7 mln to USD 136.5 mln. The company’s underlying operating profit was up 63 pct from USD 68.9 mln to USD 112.1 mln.

PPF granted EUR 185 mln loan for ComCity

schedule 11 March 2013
Eurobuild CEE

RUSSIA PPF Real Estate Russia, part of the PPF Group, and Sberbank have reached an agreement to provide PPF with a credit line worth EUR 185.84 mln for the financing of the construction and completion of the first phase of PPF‘s ComCity mixed-use development in Moscow.

KSP buys Holland Park offices

schedule 11 March 2013
Eurobuild CEE

POLAND Kulczyk Silverstein Properties (KSP) has bought the Holland Park office building in central Warsaw for an undisclosed sum.

ABM Solid again subject to arrangements

schedule 08 March 2013
Eurobuild CEE

POLAND Construction company ABM Solid has changed terms of its bankruptcy proceedings, which it entered in July 2012.

TUP sells Zakroczym plot

schedule 08 March 2013
Eurobuild CEE

POLAND Inter Car has purchased an app. 11.2 ha site earmarked for warehouse development in Zakroczym near Modlin outside Warsaw.

Bank Pekao to finance Hevelia

schedule 08 March 2013
Eurobuild CEE

POLAND Monday Palacza, a company set up by Monday Development and Unidevelopment, has concluded a PLN 35 mln loan agreement with Bank Pekao for the co-financing of the Hevelia estate, which is being built in Poznań’s Grunwald district.

Baltic markets set to grow

schedule 08 March 2013
Eurobuild CEE

BALTIC STATES The real estate markets of the Baltic States are set to grow over the next two to three years, according to a report by Newsec.

CPI buys all of Copa Centrum Národní

schedule 08 March 2013
Eurobuild CEE

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.

Polimex property goes to Mars

schedule 07 March 2013
Eurobuild CEE

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.

Polnord wades into water and sewage

schedule 07 March 2013
Eurobuild CEE

POLAND Polnord has filed a lawsuit against Miejskie Przedsiębiorstwo Wodociągów i Kanalizacji (MPWiK), the company that operates the water and sewage works in Warsaw.

Ronson reports higher profits

schedule 07 March 2013
Eurobuild CEE

POLAND Ronson Development generated revenue of PLN 198.8 mln in 2012, an increase of 106 pct on the previous year.

Mostostal Zabrze suffers 2012 losses

schedule 06 March 2013
Eurobuild CEE

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.

Office and warehousing up, but slower retail growth

schedule 06 March 2013
Eurobuild CEE

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.

This is an ex-Swan

schedule 06 March 2013
Eurobuild CEE

ROMANIA Swan Property, the developer of the Swan Office & Technology Park in Bucharest, has been declared insolvent.

Skanska buys Corso IIB project

schedule 06 March 2013
Eurobuild CEE

CZECH REPUBLIC Karlín Group has sold the Corso IIB office project in Prague to Skanska Property Czech Republic, according to local media reports.

Good year for Echo

schedule 05 March 2013
Eurobuild CEE

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.

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