Investment & finance

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Investment & finance

Futureal obtains EUR 150 mln loan for Etele Plaza

schedule 18 September 2018
Rafał Ostrowski
journalist

HUNGARY Futureal Group has been granted a EUR 150 mln from UniCredit and Erste Group to finance the the development and long term operations of the Etele Plaza shopping centre next to the Kelenföld railway station in Budapest.

Reesco to become half Italian

schedule 14 September 2018
Opr./edited by TSG

POLAND Polinvest 9, a subsidiary of Italian-based 21 Partners group, wants to purchase a 50 pct stake (50 shares) in Reesco.

Many projects for GTC

schedule 14 September 2018
Anna Pakulniewicz

CEE REGION Over H1 2018, GTC refurbished two buildings (21,600 sqm) in its Green Heart project (formerly known as GTC Square), completed its White House (21,500 sqm) development in Budapest and purchased the Mall of Sofia as well as Sofia Tower. At the end of the period, the company had four projects under construction with 85,000 sqm gla to be completed in 2019 and had plans to start a further three projects this year with a combined 90,000 sqm gla.

CDRL looks abroad

schedule 13 September 2018
Eurobuild CEE

POLAND CDRL, the owner of the Coccodrillo children's clothing chain, has recorded a consolidated net profit in H1 of PLN 8.8 mln, which compares to PLN 2.9 mln in the same period of the previous year.

Investment & finance

Hines Sells Proximo II

schedule 12 September 2018
Alex Hayes
journalist

POLAND Hines has sold the Proximo II building at ul. Przyokopowa 26, which was part of the Hines Russia & Poland Fund portfolio, to the CS Nemovitostní Fond (CSNF), managed by the REICO investment company of Česká spořitelna (REICO IS ČS).

Castorama takes land next to Libero

schedule 12 September 2018
Eurobuild CEE

POLAND Castorama is buying land next to the Libero mall, which is being built in Katowice.

Plaza Centers sells up in Łódź

schedule 10 September 2018
Eurobuild CEE

POLAND Plaza Centers intends to sell two properties in łódź where it was planning to build a residential and a retail project. The company announced the intended sale in its H1 2018 results summary.

EPP with rising profits

schedule 10 September 2018
Alex Hayes
journalist

POLAND EPP has registered a 12 pct rise in profit per share amounting to EUR 5.82 cents for H1 2018.

Investment & finance

Older buildings attractive for developers

schedule 07 September 2018
Anna Pakulniewicz

POLAND Older buildings have outdated functions, different technical installations, and often have high level of vacancy, but they also represent significant opportunities and huge potential, told us Bartłomiej Uszkur, senior consultant at the investment department of Savills.

High earnings for Baltic Horizon Fund

schedule 07 September 2018
Anna Pakulniewicz

BALTIC STATES In Q2 2018, the Baltic Horizon Fund earned a net profit of EUR 2.26 mln (which compares to EUR 1.54 mln for Q2 2017), according to the company’s consolidated unaudited financial results.

Investment & finance

Bytom moves to the Vistula

schedule 06 September 2018
Opr./edited by AC

POLAND Polish clothing producers and retailers Vistula Group and Bytom have obtained the consent of the Office of Competition and Consumer Protection [UOKiK] for the merger of their businesses.

UOKiK queries Lewiatan takeover

schedule 05 September 2018
Rafał Ostrowski
journalist

POLAND The Office of Competition and Consumer Protection [UOKiK] is to further examine the takeover of Partner by Eurocash.

Investment & finance

Ronson refinances Panoramika

schedule 05 September 2018
Opr./edited by TSG

POLAND Ronson Development has obtained a loan of PLN 21.95 mln (and PLN 3 mln for VAT) from PKO BP to finance and refinance the net costs of the construction of the Panoramika residential estate in Szczecin’s Pogodno district.

Investment & finance

UOKiK keeps Multikino deal in limbo

schedule 05 September 2018
Aneta Cichla

POLAND Office of Competition and Consumer Protection [UOKiK] has decided that further market analysis is required before it can approve the acquisition of the Cinema 3D chain by Vue International the owner of the Multikino chain.

Investment & finance

Galeria Echo and O3 refinanced

schedule 04 September 2018
Alex Hayes
journalist

POLAND PKO Bank Polski has granted an investment loan of EUR 186 mln to EPP for the refinancing of the Galeria Echo shopping centre in Kielce and the O3 Business Campus in Kraków.

Investment & finance

LCP snaps up four properties

schedule 03 September 2018
Eurobuild CEE

POLAND LCP Properties, part of the London & Cambridge Properties group, bought four retail assets over July and August.

Investment & finance

Saller buys Radomsko retail park

schedule 31 August 2018
Opr./edited by TSG

POLAND The Saller Group has bought a retail park in Radomsko.

Investment & finance

Orbis’ buys Mercure Bucharest Unirii

schedule 30 August 2018
Anna Pakulniewicz

ROMANIA Orbis, in line with its business strategy of allocating capital to the most promising markets in order to underpin sustainable results in the future, has signed a purchase agreement for the plot, building and business related operations of the Mercure Bucharest Unirii hotel.

TxM will acquire PLN 31.9 mln from the issue of shares and bonds

schedule 29 August 2018
Eurobuild CEE

POLAND TxM (Textilmarket), a Polish discount store chain, will capitalize the company through the issue of shares and bonds worth PLN 31.9 mln.

Investment & finance

Atrium buys Wars Sawa Junior

schedule 28 August 2018
Anna Pakulniewicz

POLAND Atrium European Real Estate is set to buy the Wars Sawa Junior department store complex in central Warsaw from PFCEE, a fund managed by CBRE Global Investors, for EUR 301.5 mln.

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Edition 10 (302) October 2025

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