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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.

NEPI share issue oversubscribed

schedule 10 September 2013

ROMANIA A total of 8,498,571 new shares are expected to be issued by New Europe Property Investments (NEPI) and list on the Johannesburg Stock Exchange on September 13th 2013.

Raven to buy up own shares

schedule 10 September 2013
Rafał Ostrowski
journalist

RUSSIA Raven Russia plans to purchase up to 15,462,121 ordinary shares from its shareholders.

Palmer Capital sells two office buildings in Ostrava

schedule 10 September 2013
Nathan North
deputy editor

CZECH REPUBLIC Palmer Capital has sold two office properties in Ostrava from its Palmer Capital Central European Properties portfolio.

Investor sought for Rank Progress stake

schedule 06 September 2013
Aneta Cichla

POLAND Andrzej Bartnicki, the co-founder of Rank Progress, has decided to sell his shares in the developer.

Due diligence for Polonus

schedule 05 September 2013
Aneta Cichla

POLAND Four companies that have applied to buy shares in Przedsiębiorstwo Komunikacji Samochodowej Polonus in Warsaw can now start due diligence procedures.

PBO Anioła amends contract

schedule 05 September 2013
Aneta Cichla

PBO Anioła amends contract POLAND Protea Development, a subsidiary of PBO Anioła, has informed ‘Eurobuild CEE’ about amendments made to the preliminary contract to purchase a site in Łódź.

CBRE contracted by V Holding

schedule 05 September 2013
Rafał Ostrowski
journalist

RUSSIA CBRE has been appointed to deliver facility management services across V Holding’s Russian real estate portfolio of five office and administrative properties.

Marvipol happy with results

schedule 04 September 2013
Aneta Cichla

POLAND The Marvipol group enjoyed improved financial results for the first half, mainly due to the automotive arm of the firm.

Investment & finance

BPH TFI buys Ideal Idea III

schedule 04 September 2013

POLAND Ideal Idea is to sell the Ideal Idea III warehouse complex on ul. Działkowa in Warsaw’s Włochy district to the BPH TFI fund.

Shrinking losses for Wikana

schedule 04 September 2013
Aneta Cichla

POLAND Lublin-based development company Wikana generated net sales revenue of PLN 4 mln in H1 2013.

Investment & finance

Regions obtains USD 500 mln in financing

schedule 04 September 2013
Rafał Ostrowski
journalist

RUSSIA Regions Group of Companies has obtained a USD 500 mln credit line for a period of ten years.

Investment & finance

USD 15 mln loan for Arricano

schedule 04 September 2013
Rafał Ostrowski
journalist

UKRAINE Arricano group, through its subsidiary Prizma Alpha, has been granted a seven-year USD 15 mln loan facility for refinancing current debt obligations as well as for the development of investment properties.

Małpka in Torebka’s hands

schedule 03 September 2013

POLAND Czerwona Torebka has finalised the acquisition of Małpka, the operator of the Małpka Express convenience store network.

EM&F limits development expenditure

schedule 03 September 2013
Aneta Cichla

POLAND In the first six months of 2013 the Empik Media & Fashion group generated a 4 pct y-o-y increase in revenue to PLN 1.5 bln.

Wojas sees revenue growth

schedule 03 September 2013
Aneta Cichla

POLAND The Wojas group, which operates the Wojas chain of footwear shops, generated net revenue of PLN 80.9 mln in the first half of the year.

Investment & finance

Scottish Duke sells Moscow building

schedule 03 September 2013
Rafał Ostrowski
journalist

RUSSIA Buccleuch Group, which is owned by the Duke of Buccleuch, together with its French and Spanish joint-venture partner Groupe Hoche Espais, has sold the Pietro House office centre in Moscow, according to ‘Vedomosti’.

Sponda to pull out of Russia

schedule 03 September 2013
Nathan North
deputy editor

RUSSIA Finnish real estate investor Sponda is planning to exit both the Russian market and the real estate funds business in the next three to five years.

Inpro enjoys revenue growth over 70 pct

schedule 02 September 2013

POLAND Inpro increased its sales revenue by 73 pct y-o-y in H1 to PLN 82.5 mln.

Edition 4 (287) April 2024

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