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Investment & finance

Alfaredo buys Moldova Mall

schedule 26 February 2014

ROMANIA Alfaredo, a company controlled by businessman Gheorghe Iaciu, has bought Moldova Mall in Iași from Equest Balkan Properties (EBP), according to local media (last year, Gheorghe Iaciu also acquired a controlling stake in Romanian developer Impact).

Investment & finance

Meyer Bergman buys Fashion Arena for EUR 71.5 mln

schedule 26 February 2014
Nathan North
deputy editor

CZECH REPUBLIC TK Development and LMS Outlets Limited have today entered into an agreement to sell the Fashion Arena outlet centre in Štěrboholy (Prague 10) to UK investor Meyer Bergman for EUR 71.5 mln.

Budimex sees lower sales but more profit

schedule 25 February 2014
Tomasz Szpyt-Grzegórski

POLAND Grupa Budimex has recorded sales worth PLN 4.75 bln for 2013 – a fall of 22 pct on 2012, when the company registered a record turnover of PLN 6.1 bln.

Uzdrowisko Horyniec taken by local authorities

schedule 25 February 2014
Tomasz Szpyt-Grzegórski

POLAND The Uzdrowisko Horyniec health resort has been taken over by the Podkarpackie regional authorities, which have undertaken to invest in the centre.

Atal obtains financing for Łódź estate

schedule 25 February 2014
Tomasz Szpyt-Grzegórski

POLAND Development company Atal has been granted a PLN 22 mln loan by Raiffeisen-Polbank to finance the development of an estate on ul. Rolnicza in Łódź.

Final approval for Cinema City and Cineworld merger

schedule 25 February 2014
Aneta Cichla

CEE REGION At an extraordinary general shareholders’ meeting the shareholders of Cinema City International have approved a plan to merge the company with Cineworld.

Polimex sells HQ

schedule 25 February 2014
Aneta Cichla

POLAND Polimex-Mostostal has signed a conditional agreement for the sale of the right of perpetual usufruct to a property at ul. Czackiego 15/17 (the location of the company’s head office) to PKO TFI subsidiary Molina.

Russian tycoon to buy quarter of O1 Properties

schedule 25 February 2014
Rafał Ostrowski
journalist

RUSSIA Russian billionaire, president and key shareholder of ICT Group, Alexander Nesis is close to finalising the purchase of 25 pct plus one share of the investment and development company O1 Properties, according to ‘RBC Daily’.

Investment & finance

IVG announces insolvency plan

schedule 25 February 2014

EUROPE IVG Immobilien has published a restructuring plan, which should lead to the company’s exit from bankruptcy proceedings.

Investment & finance

Griffin buys Microsoft HQ

schedule 25 February 2014

POLAND Griffin Group has purchased Company House II at Al. Jerozolimskie 195A in Warsaw from Axa Real Estate.

Investment & finance

PHN to sell historic Warsaw villa

schedule 25 February 2014

POLAND Polski Holding Nieruchomości is selling a villa on ul. Filtrowa in Warsaw’s Stara Ochota district.

Investment & finance

HB Reavis secures EUR 36.5 mln loan for River Garden II/III

schedule 25 February 2014
Nathan North
deputy editor

CZECH REPUBLIC HB Reavis has secured financing for the construction and project management of its River Garden II/III project in Prague’s Karlín district.

Echo issues bonds worth PLN 100 mln

schedule 21 February 2014
Aneta Cichla

POLAND Echo Investment has issued unsecured bonds worth PLN 100 mln that will mature on February 19th 2019.

Revenue down for Orbis

schedule 21 February 2014

POLAND Grupa Hotelowa Orbis has recorded a total revenue of PLN 682.6 mln for 2013, 3.8 pct down on the previous year.

Government sells stake in road constructor

schedule 20 February 2014

POLAND The government is to sell 382,500 series ‘A’ shares in Przedsiębiorstwo Drogowo-Mostowe in Dębica with a nominal value of PLN 10 each.

Banks stay conservative

schedule 20 February 2014
Tomasz Szpyt-Grzegórski

POLAND A revival has come to the real estate financing market but it still remains difficult to obtain bank loans.

Strong results for Aareal

schedule 20 February 2014

EUROPE Aareal Bank Group has exceeded its target operating profit for the 2013 financial year reporting a profit of EUR 198 mln compared to EUR 176 mln.

Unibail-Rodamco green bond oversubscribed

schedule 20 February 2014
Rafał Ostrowski
journalist

EUROPE Unibail-Rodamco yesterday issued green bonds worth EUR 750 mln.

Invista sells 17,000 sqm of warehouse space in Modletice

schedule 20 February 2014
Rafał Ostrowski
journalist

CZECH REPUBLIC Invista European Real Estate Trust has completed the sale of a logistics asset located in Modletice to an undisclosed buyer.

Warimpex looks to raise PLN 200 mln from bond issue

schedule 19 February 2014
Aneta Cichla

POLAND Warimpex Finanz- und Beteiligungs Aktiengesellschaft has approved a bond issue with a total nominal value of PLN 200 mln (EUR 50 mln), which are to be released in a number of tranches.

Edition 4 (287) April 2024

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