S IMMO posts strong annual results thanks to a robust business model
The listed real estate investment company S IMMO AG generated a profit of €56.9 million for the financial year 2020, closing the year well in the black despite the...
Category: Finance
pbb provides €115 million financing for a logistics portfolio in Poland acquired by Ares Management
pbb Deutsche Pfandbriefbank has provided an investment loan facility totalling €115 million to a fund managed by the Real Estate Group of Ares Management Corporation (Ares), which will utilise...
Echo Investment with strong yearly results thanks to flexible strategy and diversified portfolio
Thanks to the diversified business lines, Echo Investment was able to maintain stable operational and financial results. In 2020, the company achieved a net profit of PLN 122 million,...
Trading of CTP on Euronext Amsterdam commences
Leading vertically integrated European logistics property owner-developer, CTP, announced that the offering of its shares has been successfully priced at €14 per share. This means that the market capitalization...
Futureal raises €150 million in green bonds
Hungarian developer Futureal has completed its first-ever green bond issue as part of the National Bank of Hungary’s (MNB) Bond Funding for Growth Scheme (BGS). The company received bids...
EBRD backs real estate portfolio of Ukraine’s Dragon Capital
The European Bank for Reconstruction and Development (EBRD) is supporting the development of low-emission sustainable property by providing financing to the real estate portfolio of Ukraine’s investment company Dragon...
Mitiska secures €123 million refinancing for Romanian portfolio
Mitiska REIM announced it has secured a €123 million senior debt facility for its entire retail park portfolio in Romania from Erste Group Bank AG. The Romanian portfolio is...
Newsec performs property valuations for all of Latvia’s major banks
The international real estate advisory firm Newsec now works with all of Latvia’s major banks to provide the property valuation services which the banks’ customers often need to obtain...
TBI Bank further strengthens its presence in Europe by entering the Lithuanian market
TBI Bank, the fastest growing phygital lender in the South-Eastern European region, with core markets in Bulgaria, Romania, and banking operations in Germany, Sweden, Denmark and Poland, now enters...
pbb provides €66.5 million for an office portfolio in Warsaw and Budapest managed by GalCap Europe
pbb Deutsche Pfandbriefbank has provided an investment loan facility totalling €66.5 million for an office portfolio managed by GalCap Europe on behalf of an institutional client. The fund will...
pbb successfully issued first Green Bond as Senior Preferred Benchmark
pbb Deutsche Pfandbriefbank successfully placed its first Green Bond as Senior Preferred Benchmark with a volume of €500 million on the capital markets. The Bond has a coupon of...
Helaba is financing the acquisition of the LIXA office building in Warsaw
With a loan amount of €82.2 million Helaba is financing the acquisition of the prime office property Lixa in Warsaw. The first stage of the investment was purchased by...
