Rouble and valuation losses from COVID-19 pandemic hamper growth projections
The Warimpex Group posted a record profit of EUR 66.5 million in the 2019 financial year. Now, the outbreak of the COVID-19 pandemic around the world has caused a...
Category: Finance
Wing raises €156 million for further expansion
In order to expand its investment portfolio and implement its growth strategy, Hungarian investor-developer Wing has raised €156 million (HUF 54.7 billion) within the framework of the Central Bank of...
Contera secures €155 million loan from two banks – EuropaProperty
Czech industrial developer Contera obtained a syndicated loan from ČSOB and Komerční banka in the total amount of €155 million. Most of the funds will be committed to refinancing...
Griffin Real Estate strengthens its private equity arm – EuropaProperty
At the beginning of May, Tomasz Mrowczyk has joined the Griffin Real Estate team. He has been appointed Senior Partner. At Griffin, Tomasz is responsible for the development of...
Atrium gradually reopens retail assets across CEE – EuropaProperty
Atrium European Real Estate published an update on trading for the three months ended 31 March 2020 and an update on trading in light of the COVID-19 pandemic. A progressive...
Warimpex posts record results for 2019 – EuropaProperty
Warimpex Finanz- und Beteiligungs AG generated a net profit of EUR 66.5 million for the 2019 financial year – a record level in the more than 60-year history of...
Colliers International outlines the measures taken by governments across EMEA to counteract the negative economic consequences created by the COVID-19 pandemic – EuropaProperty
Colliers International’ latest report “COVID-19 European Real Estate Markets Government Response” presents information on how the national governments across EMEA are supporting businesses with specific reference to commercial and...
AFI reports Q1 2015 financial results – NOI increased by 9 percent, to €20 million – EuropaProperty
“AFI Properties“, the parent company of “AFI Europe“, has published its Q1 2015 financial reports, registering a sharp increase in profit of 126 percent (in ISR currency), resulting close...
HB Reavis secures bank financing for Postępu 14 – EuropaProperty
HB Reavis Group has secured a €58 million loan from Bank Pekao S.A. for the refinancing of costs related to the acquisition and construction of its office building at...
HB Reavis Group issued unsecured bonds worth €40 million – EuropaProperty
HB Reavis Group, a leading property developer in Central and Eastern Europe, has closed its first transaction of unsecured bond issue in Slovakia by raising €40 million. As a...
CBRE Group to acquire the Global Workplace Solutions Business of Johnson Controls – EuropaProperty
CBRE Group (CBG) has entered into a definitive agreement to acquire the Global WorkPlace Solutions (GWS) business of Johnson Controls, Inc. (JCI). GWS is a market-leading provider of Integrated...
More banks are clubbing together to fund commercial real estate according to first annual league tables for syndicated CRE loans – EuropaProperty
A new set of league tables have been launched highlighting the resurgence of syndicated commercial real estate (CRE) lending across EMEA. Credit Agricole CIB, ING and HSBC are at...
