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Dromost bankruptcy open to arrangements

schedule 24 October 2012
Eurobuild CEE

POLAND A Poznań court has ruled that Dromost, a subsidiary of PBG, is in bankruptcy open to arraignments.

Heitman poised to buy Karolinka and Pogoria

schedule 24 October 2012
Eurobuild CEE

POLAND Heitman is considering the acquisition of two shopping centres.

EIB loans another EUR 165 mln to upgrade railways

schedule 24 October 2012
Eurobuild CEE

POLAND The European Investment Bank (EIB) is to provide two loans amounting to EUR 165 mln the Polish state railway operator, PKP Polskie Linie Kolejowe.

Polonez Poznań sold to Griffin Investment

schedule 23 October 2012
Eurobuild CEE

POLAND The Orbis hotel group has concluded an agreement to sell the former Polonez hotel in Poznań to Zerta, a subsidiary of Griffin Investment.

Gant and Geo consider the future together

schedule 23 October 2012
Eurobuild CEE

POLAND Gant Development and Geo, Mieszkanie i Dom have signed a letter of intent for a mutual due diligence examination in preparation for merger negotiations.

Intersport releases Q3 figures

schedule 23 October 2012

POLAND Sports shop chain Intersport generated a gross profit of almost PLN 2.5 mln in the first three quarters of the year, down from PLN 4.4 mln in the same period of 2011. In the first nine months the company achieved net sales revenues of PLN 175.3 mln – an increase of 24.3 pct y-o-y.

CPI buys supermarket portfolio

schedule 22 October 2012

CZECH REPUBLIC TREI Real Estate Czech Republic has completed the sale of a portfolio of retail properties to CPI Group.

Capital mortgages Metropolitan for USD 750 mln

schedule 22 October 2012
Eurobuild CEE

RUSSIA Capital Partners has been granted a 10-year USD 750 mln loan by Sberbank, using the Metropolis shopping centre in Moscow as collateral.

Panattoni and Pramerica sell Warsaw parks to RREEF

schedule 22 October 2012
Eurobuild CEE

POLAND Panattoni Europe and Pramerica have announced the sale of an 80,000 sqm multi-leased logistics portfolio on the outskirts of Warsaw to RREEF Real Estate for EUR 54 mln.

RomReal in dire straits

schedule 19 October 2012
Eurobuild CEE

ROMANIA Oslo stock exchange listed property investor RomReal has revealed that it does not have enough funds for the principle repayment of an EUR 11.6 mln loan from Alpha Bank in Romania by its maturity date on November 30th.

CPI boss “buys fifth of Orco”

schedule 19 October 2012
Eurobuild CEE

CZECH REPUBLIC Radovan Vitek, the billionaire owner of CPI Group, has reportedly bought a fifth of the shares in Czech-based developer Orco on the Euronext Paris stock exchange.

Tatry Mountain Resorts to list on three bourses

schedule 19 October 2012
Eurobuild CEE

POLAND/SLOVAKIA Slovakian ski resort developer Tatry Mountain Resorts (TMR) has listed on the main marker of the Warsaw Stock Exchange.

Bankruptcy for Eurosmart

schedule 18 October 2012
Eurobuild CEE

ROMANIA Eurosmart Investment, the developer of 50 luxury apartments on strada Strada Mihai Eminescu in Bucharest, has filed for bankruptcy and been declared insolvent by a Bucharest court, according to local media.

Avans joins Media Expert

schedule 18 October 2012
Eurobuild CEE

POLAND The Office of Competition and Consumer Protection (UOKiK) has approved the takeover of a chain of 300 Avans electronic stores (including franchises) by OpenMedia, a company which belongs to Arkadiusz and Sławomir Tomal.

Cocor faces foreclosure

schedule 18 October 2012
Eurobuild CEE

ROMANIA BCR plans to foreclose on Cocor and put the Cocor shopping centre in Bucharest up for auction on November the 16th for a starting price of RON 134.9 mln (app. EUR 30 mln).

PBO Anioła to cut costs

schedule 17 October 2012
Eurobuild CEE

POLAND PBO Anioła intends to cut costs by, among other measures, reducing management board pay by up to 30 pct.

AmRest increases European sales

schedule 17 October 2012
Eurobuild CEE

EUROPE The AmRest group, which manages KFC, Pizza Hut and Burger King restaurants as well as the Starbucks cafe chain, posted sales of PLN 464.3 mln for Q3 for its Central European and Russian divisions.

More Moscow office space

schedule 17 October 2012
Eurobuild CEE

RUSSIA New office completions in Moscow in Q3 came to 176,500 sqm, representing a 24 pct y-o-y increase, according to Jones Lang LaSalle.

Echo buys Warsaw plot

schedule 17 October 2012
Eurobuild CEE

POLAND Echo Investment has bought a 3.08 ha site on ul. Taśmowa in Warsaw’s Służewiec business district for PLN 60 mln from the Industrial Development Agency (Agencja Rozwoju Przemysłu).

Alterco avoids liquidation

schedule 16 October 2012
Eurobuild CEE

POLAND The Warsaw district court has decided to prevent the seizure of Alterco’s assets and halt the seizure of the firm’s bank accounts.

Edition 4 (287) April 2024

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