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Investment & finance

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Industry still optimistic

schedule 11 December 2017

POLAND From October 12th until November 22nd we surveyed our readers and the participants of the 23rd Annual Property Market Convention in Poland.

Investment & finance

BZ WBK loan for Korona Office Complex

schedule 08 December 2017
Rafał Ostrowski
journalist

POLAND GTC has obtained a EUR 46.5 mln loan from BZ WBK for the Korona Office Complex in Kraków’s Bronowice district.

Investment & finance

Immofinanz runs from Russia

schedule 07 December 2017

RUSSIA Immofinanz has concluded the sale of its retail portfolio Moscow to the Russian Fort Group and has now completed its exit from the Russian market.

Investment & finance

E.Leclerc to take over Alma

schedule 07 December 2017
Eurobuild CEE

POLAND Immomok is to buy Alma Market, the owner of the bankrupt Alma delicatessen chain for PLN 94 mln.

Open Finance becomes franchise

schedule 06 December 2017

POLAND The Open Finance group is to open new offices for its Home Broker real estate agency, its Open Finance financing, and its Open Brokers insurance businesses through franchising with the first franchised branches to open in January 2019.

Investment & finance

Nuts and bolts of EUR 1 bln deal

schedule 05 December 2017
Eurobuild CEE

POLAND Chariot Top Group (Chariot) is buying a retail portfolio from Ares, AXA and Apollo Rida for app. EUR 1 bln. Some of these properties will then be transferred to EPP for EUR 692 mln.

Praktiker becomes British

schedule 04 December 2017

ROMANIA UK based Kingfisher has completed its acquiisition of the Praktiker DIY chain claims law firm PeliFilip, which advised on the deal.

Chinese investment floods in to Poland

schedule 04 December 2017

POLAND The Polish Investment & Trade Agency [PAIH] has announced that it has handled more investment from China than from Germany, which was the previous largest source of foreign investment.

AFI makes USD 135 mln sale

schedule 01 December 2017
Eurobuild CEE

RUSSIA AFI Development has signed a RUB 7.9 bln (USD 135 mln) sales contract for two buildings within the Aquamarine III Business Centre in Moscow’s Zamoskvorechye district.

Investment & finance

Goldman Sachs to make EUR 244 mln Robyg purchase

schedule 01 December 2017
Rafał Ostrowski
journalist

POLAND Goldman Sachs is to buy all the shares of residential developer Robyg through a public tender on the Warsaw Stock Exchange.

Białystok sells land

schedule 30 November 2017

POLAND The city of Białystok has put up for sale 23 ha of land near Białystok-Krywlany airport.

Investment & finance

UOKiK wary of Mila takeover

schedule 30 November 2017

POLAND The Office of Competition and Consumer Protection [UOKiK] has decided to conduct a market survey before granting its approval of the PLN 350 mln takeover of Mila by Eurocash.

Vantage buys in Wrocław

schedule 30 November 2017
Eurobuild CEE

POLAND Vantage Development has signed a preliminary contract to purchase of a plot in Wrocław.

Investment & finance

Orbis sells to Starwood

schedule 30 November 2017
Anna Pakulniewicz

HUNGARY Orbis Hotel Group has sold the Sofitel Budapest Chain Bridge to a subsidiary of Starwood Capital Group for EUR 75 mln.

Vainodes I changes hands

schedule 30 November 2017
Anna Pakulniewicz

LATVIA Northern Horizon Capital has signed an agreement to acquire the Vainodes 1 office building in Riga for its Baltic Horizon Fund.

Investment & finance

Hollybrook sells up in southern Poland

schedule 29 November 2017

POLAND UK developer Hollybrook has sold three plots totalling 3.3 ha in Katowice and Cieszyn for app. PLN 17 mln.

Echo racks up PLN 50 mln profit

schedule 28 November 2017
Rafał Ostrowski
journalist

POLAND Echo Investment has posted a net profit of PLN 50 mln for the third quarter of the year.

Dekpol buys land for 60,000 sqm development

schedule 27 November 2017

POLAND Residential developer Dekpol is finalising the purchase of a 13 ha plot in Gdańsk from a private investor for around PLN 21.4 mln.

Europeans growing richer

schedule 27 November 2017
Eurobuild CEE

EUROPE The average European consumer has a net disposable income of EUR 13,937 per person in 2017, which represents a 1.9 pct rise on last year, according to the ‘Purchasing Power Europe 2017’ study of GfK.

EUR 1 bln pan-European logistics joint venture

schedule 27 November 2017
Anna Pakulniewicz

EUROPE Palmira Capital Partners and the European Principal Finance III fund managed be Apollo Global Management have established a EUR 1 bln pan-European logistics joint venture.

Edition 11 (293) November 2024

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