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Investment & finance

Penta looks to Poland

schedule 18 April 2018
Nathan North
deputy editor

CEE REGION The overall value of Slovakian real estate group Penta Investments grew to EUR 9 bln last year – up from EUR 8.5 bln at the end of the previous year.

Investment & finance

CPI buys HopStop retail parks

schedule 18 April 2018
Rafał Ostrowski
journalist

POLAND CPI Property Group has bought a portfolio of five HopStop retail parks from Polish developer Katharsis Development.

Investment & finance

Immofinanz sizes up different bride

schedule 18 April 2018
Alex Hayes
journalist

EUROPE Immofinanz has purchased a 29.14 pct stake (19,499,437 bearer shares) in S Immo from RPR Group (app. 14.6 mln shares) and Signa Group (around 4.9 mln shares).

Investment & finance

Zeitgeist comes to Budapest

schedule 18 April 2018
Alex Hayes
journalist

HUNGARY Zeitgeist Asset Management has purchased a historic building in the centre of Budapest on behalf of a German pension fund administered by Institutional Investment Partners.

Pbb provides EUR 74 mln loan to Newbridge

schedule 18 April 2018
Rafał Ostrowski
journalist

POLAND Pbb Deutsche Pfandbriefbank has provided an investment facility of EUR 74 mln to companies owned by Newbridge for the acquisition of three shopping centres in Poland.

One competitor less for Yit

schedule 17 April 2018
Anna Pakulniewicz

EUROPE Yit has taken over Finnish-based rival Lemminkäinen Corporation, a company active on the Russian market.

Delayed deals contribute to record Q1 investment

schedule 16 April 2018
Eurobuild CEE

POLAND As a result of large portfolio transactions, the first quarter of 2018 on the Polish real estate investment market closed with a record investment volume of around EUR 2.05 bln, according to figures from Savills.

Investment & finance

Profits rising for BIK

schedule 16 April 2018

POLAND Biuro Inwestycji Kapitałowych (BIK) has reported that in 2017 its revenue rose by 5.4 pct y-o-y to PLN 17.7 mln.

Robyg hopes to sell 3,300 apartments

schedule 16 April 2018
Eurobuild CEE

POLAND Over Q1 this year, residential developer Robyg Group signed contracts on 914 units in Warsaw and Gdańsk, 23 fewer units than in the previous year.

LC Corp announces results

schedule 13 April 2018
Eurobuild CEE

POLAND The Wrocław-based developer LC Corp found buyers for a total of 873 apartments in Q1 which compares to 741 for the same period of the previous year.

Investment & finance

Growthpoint to buy into GPRE

schedule 13 April 2018
Eurobuild CEE

POLAND Growthpoint Properties, a REIT listed on the Johannesburg Stock Exchange, has agreed to subscribe for shares in Griffin Premium RE (GPRE).

Real estate investment market in 2018 will see the next record

schedule 13 April 2018
Anna Pakulniewicz

POLAND "The investment market in Poland is doing well. This year, just like the last three years, will be another record year. There have been a lot of properties put up for sale since the end of 2017," told us Dariusz Forysiak, associate director, retail investment services, Colliers International.

Investment & finance

EPISO 4 reaches for Infinity

schedule 12 April 2018
Alex Hayes
journalist

POLAND Tristan’s European Property Investors Special Opportunities 4 (EPISO 4) fund has completed the purchase of the Infinity project in Wrocław from Avestus Real Estate, which is acting as the fund’s local operating partner and development manager.

Lokum still expanding rapidly

schedule 11 April 2018
Eurobuild CEE

POLAND Lokum Deweloper has increased its Q1 sales by 160 pct y-o-y with 248 units sold in Wrocław and 56 in Kraków.

Investment & finance

BGK loan for Karuzela

schedule 11 April 2018
Eurobuild CEE

POLAND Financing has been secured for the Karuzela shopping centre development in Biała Podlaska due to an app. PLN 70 mln from Bank Gospodarstwa Krajowego.

Investment & finance

GTC now on sale?

schedule 11 April 2018
Tomasz Szpyt-Grzegórski

EUROPE Lone Star is considering the sale of the 61.1 pct stake valued at PLN 2.5 bln in mall developer Globe Trade Center (GTC) held by its fund LSREF III GTC Investments.

Investment & finance

Banks turn to Hogan Lovells

schedule 11 April 2018

POLAND Law firm Hogan Lovells advised Bank Pekao and MBank on deals that have been signed with BBI Development. Pekao was advised on financing the Centrum Marszałkowska project and MBank was advised on organising a BBI bond issue.

Musketeers all for one – and profits

schedule 10 April 2018
Eurobuild CEE

EUROPE Société Les Mousquetaires (SLM) – known as Grupa Muszkieterów in Poland – a group of independent businesses operating supermarket and DIY chains, generated a total turnover from its Intermarché and Netto chains in Europe of EUR 25.4 bln (excluding from petrol stations).

Etalon profits grow by 60 pct

schedule 09 April 2018
Rafał Ostrowski
journalist

RUSSIA Etalon Group has recorded a profit of RUB 7.9 bln (EUR 108,000 mln) for 2017, up 61 pct y-o-y.

Investment & finance

Eastnine closes acquisition in Riga

schedule 09 April 2018
Anna Pakulniewicz

LATVIA Eastnine has completed the previously announced acquisition of Alojas Biznesa Centrs, a class A office property in Riga.

Edition 11 (293) November 2024

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