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NEPI denies wrongdoing

schedule 11 July 2013

ROMANIA New Europe Property Investments has responded to the announcement that the Argo Real Estate Opportunity Fund has begun legal proceedings against it.

C&W gives way to Activ

schedule 11 July 2013

ROMANIA Cushman & Wakefield has pulled out of Romania.

Investment & finance

ING spins off and sells Galerie Butovice offices

schedule 11 July 2013
Nathan North
deputy editor

CZECH REPUBLIC ING Real Estate Finance (ING REF), the owner of the Galerie Butovice office and retail centre in Prague 13, has completed the sale of the Butovice Office Building to a Czech closed-end investment fund.

Investment & finance

Morgan Stanley and Hines partner up in Moscow

schedule 11 July 2013
Rafał Ostrowski
journalist

RUSSIA The Morgan Stanley Real Estate Investing (MSREI) fund has sold a stake in the 205,000 sqm Metropolis shopping centre in Moscow to Hines CalPERS Russia Long Term Hold Fund (HCRLTH).

Pbb provides loan for Charter Hall acquisition

schedule 11 July 2013
Nathan North
deputy editor

POLAND Pbb Deutsche Pfandbriefbank has announced that it is providing a loan of EUR 120 mln loan to a fund advised by Tristan Capital Partners for its acquisition of a Polish retail portfolio.

Argo to take NEPI and Volksbank to court

schedule 10 July 2013

ROMANIA Argo Real Estate Opportunities Fund has announced that it has begun legal proceedings against its rival New Europe Property Investments (NEPI) and Argo’s lender Osterreichische Volksbanken-Aktiengesellschaft (Volksbank).

Eften finalises purchase of five Estonian properties

schedule 10 July 2013

ESTONIA Eften Real Estate Fund has acquired a portfolio of five Estonian assets from EPI Baltic I for EUR 30.5 mln.

Avrig 35 stake to be sold

schedule 10 July 2013

ROMANIA Two investors have expressed an interest in purchasing a 30 pct stake in developer Avrig 35, local media reports.

Government reclaims EUR 172 mln for infrastructure programme

schedule 09 July 2013

ROMANIA The European Commission has approved the reimbursement of EUR 172 mln to the Romanian government under the Transport Operational Programme.

Etalon sees 30 pct growth in sales

schedule 09 July 2013
Rafał Ostrowski
journalist

RUSSIA With new contract sales amounting to RUB 6.75 bln (EUR 158 mln), Etalon Group recorded a 30 pct increase in residential sales y-o-y in the second quarter of 2013.

C&W to advise PKP

schedule 09 July 2013

POLAND Cushman & Wakefield is to advise Polish State Railways (PKP) on the development of a property on ul. Towarowa in Warsaw.

Investment & finance

GELF completes EUR 550 mln rights issue

schedule 09 July 2013

EUROPE Goodman European Logistics Fund (GELF) has raised EUR 550 mln via a rights issue to existing investors.

Russian investment volumes reach USD 4.63 bln

schedule 08 July 2013

RUSSIA Investment volume in commercial real estate reached USD 4.63 bln in the first half of 2013, according to Cushman & Wakefield.

Investment market hotting up

schedule 08 July 2013
Aneta Cichla

CEE REGION The investment volume across the CEE region came to over EUR 1.7 bln in H1 2013, according to Cushman & Wakefield.

Polnord and Semeko in joint venture

schedule 08 July 2013
Aneta Cichla

POLAND Polnord is to help in the construction of the Aquasfera residential project in Reda near Gdańsk.

Developers eye up factory site

schedule 08 July 2013
Aneta Cichla

POLAND Three binding offers have been submitted for the purchase of an 85 pct stake in Warszawskie Zakłady Mechaniczne PZL-WZM, which is being sold by the government.

Mostostal sues Marvipol

schedule 08 July 2013
Aneta Cichla

POLAND Mostostal Warszawa has filed a lawsuit against Zielona Italia, an SPV company belonging to Marvipol.

Investment increases by a third

schedule 04 July 2013
Rafał Ostrowski
journalist

RUSSIA Russian real estate investment volumes reached USD 3.7 bln in the first half of this year, according to data provided by Jones Lang LaSalle.

Investment & finance

Blackstone poised to take over Multi Corporation

schedule 03 July 2013

WORLD The European Commission has been notified of the proposed takeover of Dutch-based Multi Corporation by US-based private equity group Blackstone.

Investment & finance

Sale of Aquarius finalised

schedule 03 July 2013
Nathan North
deputy editor

POLAND Echo Investment has closed the sale of the Aquarius Business House office building in central Wrocław.

Edition 4 (287) April 2024

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