Investment & finance

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Sberbank gives PIK more breathing space

schedule 30 November 2012
Eurobuild CEE

RUSSIA Residential real estate developer PIK Group has reached agreement with Sberbank, the group’s largest creditor, to extend its existing debt repayment schedule.

HB receives FBC I refinancing and reveals Warsaw station plans

schedule 30 November 2012
Eurobuild CEE

SLOVAKIA/POLAND HB Reavis has been granted a EUR 29 mln loan by Slovenská Sporiteľňa bank to refinance the development of Forum Business Center I in Bratislava.

Auchan buys Real for EUR 1.1 bln

schedule 30 November 2012

CEE REGION Groupe Auchan has signed a EUR 1.1 bln purchase agreement with German retailer Metro Group to buy the operational activities of the Real hypermarket chain in Poland, Romania, Russia and Ukraine.

Investor interested in PBG

schedule 29 November 2012
Eurobuild CEE

POLAND A company from the construction industry that invests in the power industry could invest in PBG, claims Jerzy Wiśniewski, president of the supervisory board of PBG.

Mostostal Warszawa repairs road for PLN 33.7 mln

schedule 29 November 2012
Eurobuild CEE

POLAND A 900m section of national road no. 81 in Wiślica has been renovated.

Passerinvest acquires Nove Butovice

schedule 29 November 2012
Eurobuild CEE

CZECH REPUBLIC Real Estate Metronom has sold its Nove Butovice residential project in Prague 13 to Passerinvest.

RomReal renegotiates loan

schedule 29 November 2012
Eurobuild CEE

ROMANIA RomReal has extended it EUR 11.6 mln loan with Alpha Bank for a further three years until November 30th 2015 with the option to extend the loan on maturity for a further two years.

Uzdrowisko Wysowa in private hands

schedule 28 November 2012
Eurobuild CEE

POLAND The Polish government has sold its 87.36 pct stake in Uzdrowisko Wysowa in Wysowa-Zdrój for PLN 8.76 mln.

Polnord buying, selling and de-investing

schedule 28 November 2012
Eurobuild CEE

POLAND In the first three quarters of the year, Polnord completed 571 apartments, 144 of which were finished in Q3.The company estimates that the number of apartments to be handed over to buyers this year will be similar to the 912 in 2011.

PHN finds potential investor

schedule 28 November 2012
Eurobuild CEE

POLAND Ringwood Financial, a subsidiary of Radius Projekt, is planning to take a controlling share of Polski Holding Nieruchomości (PHN) and has applied for approval for the purchase from the Office for Competition and Consumer Protection (UOKiK).

Köki Terminal bankrupt

schedule 28 November 2012
Eurobuild CEE

HUNGARY R-CO, the developer and owner of the 59,000 sqm Köki Terminal shopping centre in Budapest, has been declared bankrupt.

Ideal Idea III plot purchased

schedule 28 November 2012
Eurobuild CEE

POLAND Urban warehouse and office developer Ideal Idea has purchased a 4 ha site in Warsaw’s Włochy district for its Ideal Idea III project, which is already under construction. Cushman & Wakefield acted as advisor for the acquisition.

Ups and downs for Warimpex

schedule 28 November 2012
Eurobuild CEE

EUROPE Warimpex has posted its financial results for the first three quarters of 2012.

Court rejects bankruptcy proposal concerning Alpine

schedule 27 November 2012
Eurobuild CEE

POLAND A Warsaw court has thrown out a claim by Pekabex for the bankruptcy of Alpine Construction Polska.

GC Investment buys land in Zabrze

schedule 27 November 2012

POLAND GC Investment has been granted a loan by Bank Spółdzielczy for over PLN 4.67 mln, which is to be used to purchase development plots in Zabrze.

Erbud takes over Engorem

schedule 27 November 2012
Eurobuild CEE

POLAND Erbud has purchased 80 pct of the shares in Engorem, a company that specialises in comprehensive investment, renovation and diagnostic services for the energy sector.

KCI Park Technologiczny Krowodrza shares for sale

schedule 27 November 2012
Eurobuild CEE

POLAND The government is to put the shares of KCI Park Technologiczny Krowodrza up for sale in an auction.POLAND The government is to put the shares of KCI Park Technologiczny Krowodrza up for sale in an auction.

Czerwona Torebka starts public share offering

schedule 26 November 2012
Eurobuild CEE

POLAND Czerwona Torebka, a Polish chain of shopping arcades, has published its share prospectus. A total of 16,341,666 new shares (25 pct of the company’s share capital) are to be issued.

Condohotel under Tatra mountains

schedule 26 November 2012
Eurobuild CEE

POLAND Nosalowy Dwór that it will cost PLN 50 mln a condohotel in the existing Nosalowy Dwór Resort & Spa complex in Zakopane.

Tacit becomes holding company

schedule 26 November 2012
Eurobuild CEE

POLAND Tacit Development Holding, comprising Tacit Development, Plac Katedralny and Jasnier has been established with PLN 117 mln in equity.

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