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Meridian sets new IPO date for October

schedule 24 September 2013

POLAND Meridian Properties is to debut on the Warsaw Stock Exchange by mid-October.

Europejski Fundusz Hipoteczny avoids bankruptcy

schedule 23 September 2013

POLAND The court has dismissed proceedings calling for the bankruptcy of Europejski Fundusz Hipoteczny, because Akura, which had filed for the liquidation of the company’s assets, and the management board , which had filed for the court to grant the company a bankruptcy open to arrangements, both withdrew their petitions.

Investment & finance

Green Day sold for EUR 43 mln

schedule 23 September 2013
Nathan North
deputy editor

POLAND Skanska has sold the Green Day office building in Wrocław to the Investec GLL Global Special Opportunities Real Estate Fund for EUR 43 mln.

Investment & finance

Half billion investment in Anapa

schedule 23 September 2013
Rafał Ostrowski
journalist

RUSSIA Fund management company Fund Yug [Фонд Юг] is to invest USD 500 mln in the development of Anapa, a town located in the northern coast of the Black Sea.

Investment & finance

Futureal plans further acquisitions

schedule 23 September 2013

POLAND Futureal has announced it is to acquire office, retail and residential properties in Central Europe and has set up its Partner Programme with a value of EUR 100 mln with which it intends to complete and re-launch projects across the CEE region that have stalled due to the financial crisis.

BNP Paribas Real Estate acquires III-Investments

schedule 19 September 2013
Rafał Ostrowski
journalist

EUROPE BNP Paribas Real Estate has acquired iii-investments, which manages and administers EUR 4.2 bln of third-party real estate and debt assets for German institutional investors.

Investment & finance

White Stone and MF Capital obtain EUR 35 mln financing

schedule 19 September 2013
Rafał Ostrowski
journalist

POLAND White Stone Development and asset manager MF Capital have obtained construction and long-term financing of around EUR 35 mln for their class ‘A’ office complex situated in Warsaw’s Mokotów district.

Investment & finance

A Plus Development buys former brewery

schedule 18 September 2013
Rafał Ostrowski
journalist

RUSSIA A Plus Development has bought a 40,000 sqm former brewery building in St Petersburg’s Pushkin district from SUN InBev.

Investment & finance

Angry agent puts Prague Castle “up for sale”

schedule 17 September 2013
Nathan North
deputy editor

CZECH REPUBLIC Property agents Czech Point 101 have put Prague Castle “up for sale” in the latest move in a trademark dispute with the Czech government

Investment & finance

Go-ahead for Wola Park sale

schedule 16 September 2013
Aneta Cichla

POLAND Inter IKEA Centre Group Poland is to be allowed to acquire the Wola Park shopping centre in Warsaw having received consent for the transaction from the Office of Competition and Consumer Protection (UOKiK).

Capital Park sets up property fund

schedule 16 September 2013
Aneta Cichla

POLAND The Capital Park group has sold 85 pct of the shares (all of which have been offered for sale) of the Real Estate Income Assets FIZ AN fund, which had been jointly established with Open Finance TFI, in a private offer.

Marvipol moves assets

schedule 16 September 2013
Aneta Cichla

POLAND P.Z.-Bud, a subsidiary of Marvipol, is to make a contribution in kind to its exclusively owned subsidiary Verbis Gamma.

Slight improvement for Secure Property Development & Investment

schedule 13 September 2013

UKRAINE/ROMANIA/BULGARIA Secure Property Development & Investment has announced a 135 pct increase in operational income to USD 1.8 mln for the first six months of 2013 (June 30th 2012: USD 757,000), primarily driven by improved occupancy at Terminal Brovary in Kyiv.

Arricano enters LSE

schedule 13 September 2013

UKRAINE Shopping centre developer Arricano has issued shares on the AIM market of the London Stock Exchange.

AmRest takes out EUR 250 mln loan

schedule 12 September 2013
Aneta Cichla

POLAND AmRest, the owner of the KFC, Pizza Hut and Burger King restaurant chains, as well as the Starbucks franchise in Poland, the Czech Republic and Hungary, has taken out a EUR 250 mln syndicated loan.

Echo subsidiary issues bonds

schedule 12 September 2013
Aneta Cichla

POLAND Projekt Echo-70, a subsidiary of Echo Investment, has issued ten-year bonds with a total value of PLN 145 mln.

Investment & finance

Mokotów Nova sale finalised

schedule 12 September 2013
Nathan North
deputy editor

POLAND Ghelamco has finalised the EUR 121 mln sale of Mokotów Nova in Warsaw to the CCPIII core plus real estate fund (Curzon Capital Partners III) advised by Tristan Capital Partners.

Aversa factory sold

schedule 12 September 2013

ROMANIA Benevo subsidiary Blue Diamond in a joint venture with Autoplast has bought pump manufacturer Aversa, which includes a factory situated on a 10 ha site in Bucharest 2.

Protea Development pulls out of land purchases

schedule 10 September 2013
Aneta Cichla

POLAND Protea Development, a subsidiary of PBO Anioła, will not now be buying buy plots in Poznań and Gorzów Wielkopolski.

Investment & finance

Ballet institute building “to be sold”

schedule 10 September 2013
Nathan North
deputy editor

HUNGARY QPR Investimentos, the Portuguese owner of the Dreschler Palace on Andrássy út in Budapest, has signed a letter of intent to sell the building, according to local media reports.

Edition 4 (287) April 2024

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