Investment & finance

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Echo buys Warsaw plot

schedule 17 October 2012
Eurobuild CEE

POLAND Echo Investment has bought a 3.08 ha site on ul. Taśmowa in Warsaw’s Służewiec business district for PLN 60 mln from the Industrial Development Agency (Agencja Rozwoju Przemysłu).

Alterco avoids liquidation

schedule 16 October 2012
Eurobuild CEE

POLAND The Warsaw district court has decided to prevent the seizure of Alterco’s assets and halt the seizure of the firm’s bank accounts.

Government to sell tech park stake

schedule 15 October 2012
Eurobuild CEE

POLAND The Polish state intends to sell a 25.09 pct stake in KCI Park Technologiczny Krowodrza.

Bankers like offices

schedule 15 October 2012
Eurobuild CEE

EUROPE Offices are the most attractive asset class for European banks interested in property financing, according to a study by EC Harris.

ERBD mulls funding Zemun retail park

schedule 15 October 2012
Eurobuild CEE

SERBIA The European Bank for Reconstruction and Development is considering financing the development and construction of the first phase of a retail park in Zemun, Belgrade, with a net leasable area of 15,309 sqm.

Regulatory approval for WFC sale

schedule 12 October 2012
Eurobuild CEE

POLAND The Office of Competition and Consumer Protection (UOKiK) has approved the sale by CA Immo and Pramerica Real Estate Investors of the Warsaw Financial Center on ul. Emilii Plater in central Warsaw to a consortium made up of Allianz (with an 87.5 pct stake) and Curzon Capital Partners III (a fund managed by Tristan Capital Partners).

Inpro posts Q3 results

schedule 12 October 2012
Eurobuild CEE

POLAND In Q3 Inpro Capital Group signed 122 preliminary sales contracts for apartments, 17 pct more than in the same period of 2011.

Bankruptcy too close for Confort

schedule 12 October 2012
Eurobuild CEE

ROMANIA Construction company Confort, which is part of the Izometal Confort group, has filed for bankruptcy.

Polish pride for Neinver

schedule 12 October 2012
Eurobuild CEE

POLAND Neinver has revealed that sales in its Polish outlet centres increased by 27 pct y-o-y in H1, the highest growth in any country it operates in.

GTC becomes sole owner of Galeria Wilanów

schedule 12 October 2012
Eurobuild CEE

POLAND Globe Trade Centre (GTC) has purchased the remaining 50 pct stake in the Galeria Wilanów shopping centre project in Warsaw from Polnord.

Bankruptcy petition against Polimex “thrown out”

schedule 11 October 2012
Eurobuild CEE

POLAND Eurometal has had its application for the bankruptcy of Polimex-Mostostal thrown out by a Szczecin court, according to the latter company.

Wysowa health-resort almost privatised

schedule 11 October 2012
Eurobuild CEE

POLAND Negotiations, which began in May, between the Polish state and investors wishing to purchase an 87.4 pct stake in the Uzdrowisko Wysowa health resort in Wysowa-Zdrój, are now nearing completion.

Embassy goes under the hammer

schedule 11 October 2012
Eurobuild CEE

POLAND The Embassy of the Republic of Lithuania has put its former embassy building on al. Szucha in Warsaw up for sale.

Poland to lose star status

schedule 11 October 2012
Eurobuild CEE

CEE REGION Russia and Poland will continue to cope with the economic and financial crisis better than many other countries in the CEE, CE and SEE regions, according to the ‘Eastern European Outlook’ analysis published by Nordic financial services group SEB.

Investment continues for Czechs and Poles

schedule 11 October 2012
Eurobuild CEE

POLAND Preliminary figures for Q3 from Jones Lang LaSalle show EUR 450 mln was transacted in property deals in the three active CEE countries (excluding Russia) over the quarter: Poland, the Czech Republic and Romania.

Hines buys Prologis Park Sosnowiec

schedule 11 October 2012
Eurobuild CEE

POLAND Hines Global REIT has bought Prologis Park Sosnowiec from Prologis for app. EUR 19.9 mln.

Murapol debut on WSE postponed

schedule 10 October 2012
Eurobuild CEE

POLAND Murapol has postponed a public share offer planned for Q4. The reason given for delaying the flotation until the end of January 2013 is the excessively large price discount expected by institutional investors.

Investors and tenants looking for stability

schedule 10 October 2012
Eurobuild CEE

POLAND/HUNGARY Limiting costs and increasing the productivity and the flexibility of operations are the most important tasks that investors and tenants are focusing on, according to the ‘Corporate Real Estate: investment and EU Cities’ report by RICS.

Share issue for Secure Property Development and Investment

schedule 10 October 2012
Eurobuild CEE

CEE REGION Secure Property Development and Investment Limited has announced that it has successfully placed 666,000 new ordinary shares at a price of 95 pence each with institutional investor Narrowpeak Consultants.

Marvipol issues ‘I’ series shares

schedule 09 October 2012
Eurobuild CEE

POLAND Marvipol is to issue up to 7.4 mln ‘I’ series shares with no right of pre-emption in a public offering.

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Edition 6 (299) June 2025

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