Investment & finance

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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.

Investment & finance

Gránit Pólus refinances WestEnd and plans 450,000 sqm project

schedule 27 November 2017
Rafał Ostrowski
journalist

HUNGARY Gránit Pólus is planning to build a 320,000 – 450,000 mixed-use development on a 9.4 ha plot near the Budapest-Nyugati (Western) railway station and has also announced that it has refinanced the WestEnd City Center complex which was developed two decades ago.

Prague leads the way

schedule 27 November 2017
Alex Hayes
journalist

CZECH REPUBLIC Prague was Central Eastern Europe’s top performer for office investment in the first nine months of 2017, with a total of EUR 746 million worth of assets transacted over this period, claims Knight Frank.

The Hillwood of Oz

schedule 24 November 2017
Anna Pakulniewicz

EUROPE Hillwood, a company associated with American billionaire Ross Perot, is to set up a new logistics fund with Australian-based First State Super.

Successful bond issue for Takko Fashion

schedule 24 November 2017
Anna Pakulniewicz

EUROPE Takko Fashion has issued corporate bonds worth EUR 510 mln to refinance to buy back other bonds ahead of their maturity and in doing so it has considerably reduced its financing costs.

Investment & finance

Toruń Plaza sold

schedule 23 November 2017
Eurobuild CEE

POLAND Plaza Centers has completed the sale of the Toruń Plaza shopping centre in Toruń.

Investment & finance

M1 portfolio changes hands

schedule 20 November 2017

POLAND A portfolio of 28 retail centres (including M1 Shopping centres) in Poland is to change hands are changing their owner.

More loans expected in Europe

schedule 16 November 2017
Rafał Ostrowski
journalist

EUROPE Lenders expect to see a growth in new lending, particularly to the residential, student accommodation and the logistics sectors, according the latest 2017 EMEA Lending Trends report by Cushman & Wakefield.

Investment & finance

OPG employs funds for Off

schedule 16 November 2017
Eurobuild CEE

POLAND OPG Property Professionals has started employing the funds it has received for two office buildings in Łódź in a loan granted by Bank BGŻ BNP Paribas.

Investment & finance

Terms signed for Toruń Plaza sale

schedule 15 November 2017
Eurobuild CEE

POLAND Plaza Centers has announced that it has agreed the final terms of the sale of the Toruń Plaza shopping centre to an undisclosed investment fund.

Investment & finance

EUR 81 mln for Galeria Bałtycka

schedule 14 November 2017
Aneta Cichla

POLAND The Deutsche Hypothekenbank is to refinance the Galeria Bałtycka shopping centre in Gdańsk with a loan of nearly EUR 81 mln.

Ronson sees revenues fall

schedule 14 November 2017

POLAND Ronson Development has presented its Q3 results and announced a number of planned projects.

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Edition 3 (296) March 2025

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