Investment & finance

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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.

NEPI announces new share issue

schedule 09 October 2012
Eurobuild CEE

ROMANIA New Europe Property Investments NEPI is to issue new shares with a total value of EUR 50 mln.

P3 plans London IPO

schedule 09 October 2012
Eurobuild CEE

EUROPE PointPark Properties (P3) has today announced that it intends to apply the Premium Listing segment of the official list of the Financial Services Authority to trade on the main market for listed securities of the London Stock Exchange.

Helaba refinances two Warsaw buildings for Immofinanz

schedule 09 October 2012
Eurobuild CEE

POLAND Immofinanz Group has received long-term refinancing of EUR 80 mln from Helaba for its Brama Zachodnia and IO-1 office buildings in Warsaw.

Polimex subsidiaries for sale

schedule 08 October 2012
Eurobuild CEE

POLAND Polimex-Mostostal has found investors willing to purchase two of its subsidiaries.

TK Development has land for Nowy Rynek mall

schedule 08 October 2012
Eurobuild CEE

POLAND TK Development has bought land for its Nowy Rynek shopping centre in Jelenia Góra.

Mostostal and Budus sue Łódź

schedule 05 October 2012
Eurobuild CEE

POLAND A consortium of Mostostal Zabrze-Holding and Katowickie Przedsiębiorstwo Budowlane Budus, the general contractor for a football stadium and a sports hall in Łódź, wishes to change the terms of its contract and has filed a lawsuit against the city of Łódź.

Gliwice sells hotel

schedule 05 October 2012
Eurobuild CEE

POLAND The town of Gliwice has announced it is to sell the Hotel Leśny conference and leisure centre including an adjacent plot on ul. Toszecka.

More retail from IVG

schedule 05 October 2012
Eurobuild CEE

POLAND IVG Immobilien has announced that it will buy more buildings for its internal IVG Warsaw fund by the end of the year.

Foreigners may buy land

schedule 05 October 2012
Eurobuild CEE

UKRAINE The government has amended the law to allow foreign investors to buy non-agricultural land for business purposes.

X5 issue bonds worth RUB 5 bln

schedule 05 October 2012
Eurobuild CEE

RUSSIA The X5 Finance, a wholly owned subsidiary of the X5 Retail Group, has completed a bond issue worth RUB 5 bln (EUR 124 mln) on the MICEX market in Moscow.

Negotiations continue for Wysowa Spa

schedule 04 October 2012
Eurobuild CEE

POLAND A consortium of Promet, Promet Cargo and Tur-Trans-Gapsa has been granted permission from the Treasury to continue exclusive negotiations until October 23rd 2012 for the purchase of Wysowa Spa in Wysowa-Zdroj.

Budus files for bankruptcy

schedule 04 October 2012
Eurobuild CEE

POLAND Katowickie Przedsiębiorstwo Budownictwa Przemysłowego Budus has filed for bankruptcy open to arrangements.

Portico buys Racibórz shopping centre

schedule 04 October 2012
Eurobuild CEE

POLAND Portico Investments has bought a shopping centre in Racibórz. The developer of the 4,000 sqm centre, which opened in August 2012,was ZRB Kampka.

Investment remains weak in the region

schedule 04 October 2012
Eurobuild CEE

CE REGION Investment activity in the core Central European markets of Poland, the Czech Republic, Slovakia, Hungary and Romania increased marginally to EUR 536 mln in Q3 2012, which compares with EUR 435 mln invested in Q2.

Lucky 13 for Aranybika Hotel?

schedule 04 October 2012
Eurobuild CEE

HUNGARY The historic Aranybika Hotel in Debrecen has been put up for sale for the 13th time by its liquidator, Kelet-Holding.

Asmita Gardens restructured

schedule 04 October 2012
Eurobuild CEE

ROMANIA A court in Bucharest has approved a plan to restructure the bankrupt Asmita Gardens, the developer of the Asmita Gardens residential complex in Bucharest.

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