Accor offers to sell 46 hotels in CEE – EuropaProperty
French group Accor has made an offer to sell 46 hotel businesses in Central Europe, including Romania, to Poland’s hotel group Orbis for €142 million. “We have been analysing...
Category: Finance
UniCredit Bank Austria sells 16 percent stake in CA Immobilien Anlagen AG to O1 Group Limited – EuropaProperty
CA Immobilien Anlagen AG (“CA Immo”) has been informed by UniCredit Bank Austria AG (“UniCredit”) that it entered into a share purchase agreement with O1 Group Limited with respect...
Planned share issue will enable GTC to purchase selected asset acquisitions in CEE – EuropaProperty
Globe Trade Centre S.A. (“GTC”), one of the leading commercial real estate companies active in Central Eastern Europe, recommends to its shareholders to issue up to 140 million new...
W. P. Carey completes sale-leaseback with Nokia in Poland – EuropaProperty
W. P. Carey, a global net-lease REIT specializing in corporate sale-leaseback, build-to-suit financing and the acquisition of single-tenant net-lease properties, has announced that CPA®:17 – Global, one of its...
AFI Europe successfully completes refinancing for AFI Park 2 and AFI Park 3 office buildings in Bucharest – EuropaProperty
AFI Europe has signed a financing agreement totalling €32 million with BCR (Banca Comerciala Romana), a member of Erste Group, for AFI Park 2 and AFI Park 3 office...
HB Reavis issues 5-year bonds worth €30 million – EuropaProperty
HB Reavis has closed its inaugural bond transaction in Slovakia by raising €30 million. This brings the total funds raised by the developer on capital markets since November 2013...
Goldman Sachs International purchases another 6 percent stake in O1 Properties – EuropaProperty
Goldman Sachs International has purchased from Centimila, a subsidiary of O1 Group, a second tranche of 5.1 million Class B ordinary shares in O1 Properties Limited corresponding to 6...
Bank of Cyprus sells stake in JW Marriott hotel in Bucharest to Strabag – EuropaProperty
Bank of Cyprus will sell its 35.3 percent stake in the Romanian company that controls the JW Marriott five-star hotel in Bucharest to Austrian group Strabag, the bank has...
Ghelamco sells three office properties to Starwood Capital Group – EuropaProperty
In what marks one of the biggest office transactions of the year in the dynamically developing Polish real estate market, Ghelamco, a leading office developer in the CEE region...
AFI Properties profits up H1 2014 – EuropaProperty
AFI Properties, the parent company of AFI Europe, has published its financial reports for Q2 and H1 2014, registering sharp increase in profit in H1 2014 to €27.5 million...
BZ WBK will provide almost €25 million to HB Reavis – EuropaProperty
HB Reavis signed a loan contract with Bank Zachodni WBK for €24.975 million to refinance building B in the Gdański Business Center. The complex is located at the junction...
European banks to offload €584 billion of non-core real estate – EuropaProperty
Cushman & Wakefield’s Corporate Finance team estimates that European banks and asset management agencies have a gross exposure of €584 billion to non-core real estate which is subject to...
