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Secure Property Development & Investments back in the black

schedule 16 April 2013

EUROPE Secure Property Development & Investments recorded a 188 pct in operating profit to USD 2.3 mln in 2012.

Union Investment launches hotel fund

schedule 15 April 2013

EUROPE Union Investment has launched a new real estate fund for hotel properties: UII Hotel Nr. 1.

More time for Polimex-Mostostal

schedule 15 April 2013

POLAND The creditors of Polimex-Mostostal have agreed to extend the period in which the company intends to raise PLN 50 mln via a share issue.

PLN 1 bln for Warsaw metro

schedule 12 April 2013
Eurobuild CEE

POLAND The European Investment Bank has granted financing worth PLN 1 bln (app. EUR 238 mln) for the construction of the central section of Warsaw’s second metro line.

Potok faces bankruptcy

schedule 11 April 2013
Rafał Ostrowski
journalist

RUSSIA Moscow based developer Potok has revealed that its financial situation has become critical.

EBRD considers road renovations

schedule 11 April 2013

SERBIA The European Bank of Reconstruction and Development is considering a loan of up to EUR 100 mln to the Republic of Serbia in order to finance improvements to the country’s road network.

Moscow enters global top 10 for investment volumes

schedule 11 April 2013
Rafał Ostrowski
journalist

RUSSIA Moscow appeared within the top 10 cities in the world with the highest investment levels with USD 3 bln invested in Q4 2012, according to Jones Lang LaSalle.

Plac Defilad plot for PLN 70 mln

schedule 10 April 2013

POLAND The city of Warsaw is to sell a site on ul. Marszałkowska and pl. Defilad in Warsaw via a public tender.

Investment highest since 2008

schedule 10 April 2013

CEE REGION Total commercial real estate investment volume in the CEE region reached EUR 2.6 bln in the first quarter – three times the level achieved during Q1 2012 and the highest first quarter result since 2008, according to research by CBRE.

PAIiIZ ties up EUR 368.5 mln in investment this year

schedule 09 April 2013

POLAND Since the beginning of the year, the Polish Information and Foreign Investment Agency (PAIiIZ) has secured eleven new foreign investments in Poland worth a total of EUR 368.5 mln.

Hotel Neum privatised

schedule 08 April 2013
Eurobuild CEE

BOSNIA-HERZEGOVINA Croatian company B.M.V. Inžinjering d.o.o. Zagreb has bought for BAM 4 mln (over EUR 2 mln) the state-owned Hotel Neum in Neum Rivera.

IMG receives two Sberbank loans for malls

schedule 08 April 2013
Eurobuild CEE

RUSSIA IMG has signed a long-term financing agreement for USD 218 mln has been signed with Russian bank Sberbank for the construction of the Zelenopark shopping centre near Moscow.

Total income on CEE property falls

schedule 08 April 2013
Eurobuild CEE

CEE REGION In 2012 a positive total return on all property in the CEE region of 5.6 pct was generated, according to The IPD Central and Eastern European Annual Property Index.

Airport tender won by Max Bögl consortium

schedule 08 April 2013
Eurobuild CEE

ROMANIA A consortium made up of Max Bögl, Vega ’93 and UTI Grup has won a RON 139 mln (EUR 31.6 mln) tender for the upgrade and extension of the Iași International airport, according to local media.

IBRC and Alfa join forces to recover assets

schedule 05 April 2013
Eurobuild CEE

RUSSIA/UKRAINE Irish Bank Resolution Corporation (IBRC) and A1, a company belonging to Alfa Group have set up a joint venture to recover control over properties worth USD 500 mln located in Russia and Ukraine.

CPI takes 92 pct stake of Ablon

schedule 05 April 2013

CZECH REPUBLIC/ROMANIA CPI Group is to take control of 92.65 pct of the share capital of developer Ablon.

Good first quarter for Gino Rossi

schedule 04 April 2013
Eurobuild CEE

POLAND The consolidated revenue of the Gino Rossi capital group for the three first months of the year amounted to PLN 51.5 mln.

PKO BP to part with Qualia Development

schedule 04 April 2013
Eurobuild CEE

POLAND PKO BP bank is planning to sell its stake in Qualia Development, stated Jakub Papierski, vice-president of the bank at a press. conference.

Holzindustrie Schweighofer invests in Covasna

schedule 04 April 2013
Eurobuild CEE

ROMANIA Holzindustrie Schweighofer is to develop a wood working factory in Covasna county in an investment of EUR 150 mln.

pbb extends loan to Pramerica fund

schedule 04 April 2013

CEE REGION pbb Deutsche Pfandbriefbank has agreed extensions to its EUR 125 mln senior facilities to the Central European Fund, managed by Pramerica Real Estate Investors.

Edition 4 (287) April 2024

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