CZECH REPUBLIC Czech Property Investments (CPI) suffered a net profit fall of 11 pct y-o-y to around CZK 358 mln in the first half of the year.
CZECH REPUBLIC Czech Property Investments (CPI) suffered a net profit fall of 11 pct y-o-y to around CZK 358 mln in the first half of the year.
POLAND Grupa Erbud registered revenue of PLN 603.4 mln in H1 2012 – a decrease of 11.8 pct on the same period last year.
POLAND Clothing firm Solar Company registered sales revenue of PLN 72.26 mln in H1 2012, which constitutes a 14.1-pct decrease compared to the same period of 2011.
CEE REGION Ablon Group suffered a 19.6 pct fall in the value of its property portfolio in the first half, from EUR 484 mln at the end of last year to EUR 389 mln at the end of June.
HUNGARY H&M has leased 1,848 sqm and Jysk have leased 1,150 sqm in the Market Central Ferihegy retail park, which is owned by AIG/Lincoln.
CZECH REPUBLIC KKCG Group, owned by oil tycoon Karel Komárek, has bought the Bořislavka mixed-use project in Vokovice in Prague 6.
RUSSIA The Metropol hotel in Moscow has been sold at auction for over RUB 8.8 bln (app. EUR 218 mln).
POLAND Murapol has floated unsecured series ‘F’ bonds worth a total of PLN 10 mln. This is the first flotation in a series of three, through which the company hopes to raise a total of PLN 45 mln.
POLAND Castorama Polska has opened its 64th store on ul. Zatorska in Oświęcim.
POLAND The Orbis hotel group registered a revenue of PLN 355.4 mln in H1 2012, a 10.1 pct improvement on the PLN 322.7 mln it recorded in same period of 2011.
MONTENEGRO The European Bank of Reconstruction and Development is considering lending the government of Montenegro EUR 20 mln to upgrade local roads in the northern part of the country.
EUROPE Warimpex has seen its cash flow from operating activities grow in the first half from EUR 2.2 mln in H1 2011 to EUR 5.5 mln.
POLAND Reinhold Polska has released its results for H1 2012. Net sales for the period came to over EUR 536,000, after EUR 508,000 in H1 2011, and an operating loss was incurred of over EUR 209,000, compared to a loss of EUR 350,000 in H1 2011.
CE REGION Total real estate investment activity in Central European markets fell by 60 pct q-o-q to EUR 327 mln in the second quarter, down from EUR 834 mln in Q1, according to research by DTZ.
ROMANIA Cocor Bucuresti, the owner of the Cocor shopping centre in Bucharest, has announced that it has sold 196 sqm of retail space on Unirea Blvd for almost EUR 4 mln, representing a price of over EUR 20,000 per sqm.
LITHUANIA The Mayor of Vilnius, Artūras Zuokas, is to attempt to buy a Greek island for the city for the development of Lithuanian spas and hotels, according to local media reports.
POLAND Grupa Dolcan closed H1 2012 with revenue of PLN 91.5 mln, double the figure from the same period in 2011.
POLAND Dom Development generated sales revenue of PLN 308 mln in H1 2012, 85.4 pct more than in the same period of 2011.
POLAND ED invest registered a gross profit of PLN 420,000 in H1 2012. Its revenue from residential construction amounted to just over PLN 10 mln, which constitutes 100 pct of its total sales revenue.
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