Investment & finance

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Investment & finance

Cordia and Fundamental to build Zielone Bemowo

schedule 14 December 2017
Eurobuild CEE

POLAND Developer Cordia Polska has appointed Fundamental Group as the general contractor for the construction of the Zielone Bemowo estate on ul. Lazurowa in Warsaw.

Orbis cleans slate

schedule 14 December 2017

CEE REGION Orbis has reported the early repayment of a loan for the purchase of 46 hotels with the final payment being in excess of PLN 105.8 mln.

Investment & finance

GTC refinances Green Heart

schedule 13 December 2017
Eurobuild CEE

SERBIA GTC has obtained a EUR 60 mln loan from Raiffeisen Bank International for the refinancing of Green Heart office complex on Milutina Milankovića boulevard in Belgrade.

Investment & finance

TK Development retreats from Poland

schedule 13 December 2017
Nathan North
managing editor

POLAND/EUROPE TK Development has announced that it intends to sell off all its Polish assets and switch its strategic focus onto its Danish and Swedish property business.

Division of Marvipol gets closer

schedule 09 November 2017
Eurobuild CEE

POLAND The Financial Supervision Authority has approved the prospectus of Marvipol Development SA, which is to acquire the development part following the division of the Marvipol Group.

Investment & finance

Soho partly sold

schedule 12 December 2017
Anna Pakulniewicz

POLAND Soho Development has finalized the sale of the Soho Factory property at ul. Mińska 25 in Warsaw to Yareal Polska for PLN 150 mln.

Murapol on ul. Wiatraczna

schedule 06 November 2017
Eurobuild CEE

POLAND Murapol has signed a conditional purchase agreement concerning the perpetual usufruct of a plot with an area of app. 0.47-ha located on ul. Wiatraczna in Warsaw.

Investment & finance

Unibail and Westfield to tie the knot

schedule 12 December 2017

WORLD Unibail Rodamco is to buy Australian shopping centre operator Westfield for USD 24.7 bln.

Marvipol on Spichrzów Island

schedule 06 November 2017

POLAND Marvipol purchased another plot in Gdańsk, this time it is on the Spichrzów Island. The company wants to launch the construction of the project in 2018. The purchase of the plot in the centre of Gdańsk is Marvipol’s second project in TriCity.

Sfinks Polska in Piwiarnie Warki

schedule 03 November 2017

POLAND Sfinks Polska, which manages the Sphinx, Chłopskie Jadło, Wook and Fabryka Pizzy restaurants, has acquired a chain of Piwiarnia Warki pubs. Thanks to the acquisition Sfinks has increased the number of units it manages from 107 to 175.

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.

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