Investment & finance

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Apsys buys CFI

schedule 19 January 2018
Nathan North
managing editor (English section)

EUROPE Financière Apsys, which specialises in the development, holding and management of retail properties in France and in Poland, has acquired a 89.11 pct stake in Euronext-listed Compagnie Foncière Internationale (CFI) from Yellow Grafton SC.

Investment & finance

Union Investment assets grow

schedule 19 January 2018
Tomasz Cudowski
editor-in-chief

POLAND/EUROPE Union Investment Real Estate carried out acquisitions and sales transactions with a total value of EUR 3.8 bln last year, while the value of the assets managed by its real estate funds also increased last year, from EUR 31.8 to 34.5 bln.

Investment & finance

Krych steps down from Griffin

schedule 18 January 2018
Tomasz Szpyt-Grzegórski

POLAND Przemysław Krych has resigned from all the positions he held at Griffin Real Estate and affiliated entities following his detention on corruption charges, the company has announced.

Fitch and Moody's Warsaw love-in

schedule 18 January 2018
Eurobuild CEE

POLAND Fitch has included Warsaw on its long term international rating for the first time, giving the city the highest possible score.

EY sets up WAM advisory

schedule 18 January 2018
Rafał Ostrowski
journalist

CZECH REPUBLIC EY in the Czech Republic has expanded its services with the addition of a wealth and asset management (WAM) advisory.

Postimaja sold

schedule 17 January 2018
Anna Pakulniewicz

ESTONIA Northern Horizon Capital, as the manager of the Baltic Horizon Fund, has signed an agreement with Osaühing Letona Properties to acquire the Postimaja shopping centre in Tallinn.

Zalando revenue up by almost a quarter

schedule 17 January 2018
Eurobuild CEE

EUROPE Online fashion platform Zalando SE recorded revenues in the range of EUR 1.32 bln to EUR 1.34 bln for Q4 2017, according to preliminary unaudited results.

Investment & finance

WDP aiming to double value of portfolio

schedule 17 January 2018
Nathan North
managing editor (English section)

ROMANIA Belgian industrial investor WDP is planning to increase the value of its Romanian property portfolio from EUR 230 mln to EUR 500 mln after restructuring its shareholder structure.

Investment & finance

HB Reavis sells final warehouse to P3

schedule 17 January 2018
Nathan North
managing editor (English section)

CZECH REPUBLIC P3 has acquired a 43,500 sqm warehouse near Lovosice in the Ústí nad Labem region of northern Bohemia from HB Reavis for app. EUR 33 mln.

Investment & finance

PBB provides EUR 41.4 mln for Amesbury parks

schedule 17 January 2018
Nathan North
managing editor (English section)

CZECH REPUBLIC PBB Deutsche Pfandbriefbank has provided an investment facility of EUR 41.4 mln to companies managed by Czech development and investment company Amesbury.

Etalon buys Petrovska Island plot

schedule 16 January 2018
Rafał Ostrowski
journalist

RUSSIA The Etalon group has purchased a 2.8 ha plot on Petrovska Island in St Petersburg for a residential project.

Investment land in Romania in high demand

schedule 15 January 2018
Rafał Ostrowski
journalist

ROMANIA The value of investment land transactions in Romania (excluding the industrial segment) exceeded EUR 350 mln in 2017 and the market sees one of its best periods in the past ten years, according to Colliers International.

Investment & finance

Erste buys Market Central Ferihegy

schedule 15 January 2018
Rafał Ostrowski
journalist

HUNGARY Erste’s real estate fund Erste Ingatlan Alap has acquired the Market Central Ferihegy retail park together with the adjacent Quadrum office complex from AIG/Lincoln.

Investment & finance

First FLE acquisition in Poland

schedule 15 January 2018
Rafał Ostrowski
journalist

POLAND Luxembourg-based investment fund FLE SICAV FIS has acquired the Wratislavia Center mixed-use complex in Wrocław’s Old Town.

Dragon to buy office building and shopping centre

schedule 12 January 2018
Eurobuild CEE

UKRAINE The Ukrainian competition authorities has approved Ukrainian investor Dragon Capital to acquire stakes in two Ukrainian companies, which own the Eco Tower business centre in Zaporizhia and the Victoria Gardens shopping centre in Lviv, writes commercialproperty.ua.

E-Muzyka changes pocket

schedule 12 January 2018
Eurobuild CEE

POLAND Empik has purchased an 80.25 pct majority stake in the E-Muzyka service from its mother company Cypriot-based Bookzz Holdings (part of the Penta group) for PLN 12.85 mln.

Białystok on museum map

schedule 11 January 2018
Eurobuild CEE

POLAND The city council of Białystok has announced a tender to find a general contractor to build the shell of the Siberian Memorial Museum in a former military complex on ul. Węglowa.

LPP hits PLN 7 biln

schedule 11 January 2018

POLAND LPP sales revenue for 2017 came to PLN 7.03 bln up by 17 pct higher on 2016.

Archicom sees rising sales

schedule 11 January 2018

POLAND In Q4 2017 Archicom sold 437 apartments, representing an 84 pct increase y-o-y.

Murapol to take over Polnord?

schedule 11 January 2018

POLAND “Murapol is thinking of buying more Polnord shares,” Michał Sapota of Murapol’s supervisory board has announced.

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