Finance Archives

Finance

Globalworth buys Tower Center International in Romanian capital – EuropaProperty

Real estate investment fund Globalworth Real Estate Investments has bought Tower Center International (TCI) in Bucharest’s Victoriei Square for €58 million. The building, developed by Avrig 35, was bought...

Finance

Eastern European investment volumes exceed 2013 expectations – EuropaProperty

Following three quarters of solid transactional activity and an even stronger fourth quarter, Eastern European investment volumes have exceeded 2013 expectations by coming in 26 percent higher than 2012,...

Finance

HB Reavis obtains financing of €36.5 million for its River Garden II/III project – EuropaProperty

HB Reavis Group has secured financing for its second office project in Prague. A loan of €36.5 million was provided to the group jointly by Raiffeisenbank a.s. and its...

Finance

HB Reavis secures financing for Konstruktorska Business Center in Warsaw – EuropaProperty

HB Reavis Group has obtained financing of €61.55 million for its first completed office project in Warsaw under a loan agreement with Bank Pekao SA. HB Reavis Group entered...

Finance

Bliski Centrum in Warsaw sold – EuropaProperty

CBRE has advised Castle Carbery Properties on the sale of Bliski Centrum building in Warsaw, Poland. The purchaser is Griffin Real Estate, the investment group operating on the real...

Finance

pbb, UniCredit Bank and Westdeutsche refinance the Karolinka and Pogoria shopping centers in Poland – EuropaProperty

pbb Deutsche Pfandbriefbank, UniCredit Bank Austria AG and Westdeutsche ImmobilienBank AG (maintaining its exposure to the financing) have jointly underwritten a €132 million senior facility to refinance two shopping...

Finance

Romanian UniCredit Tiriac Bank takes USD 20 mln from IFC to finance international trade companies – EuropaProperty

The International Finance Corporation (IFC), a member of the World Bank Group, has extended a USD 20 million trade credit line to Romanian lender UniCredit Tiriac Bank. This will...

Finance

BPT Baltic Opportunity concludes 2013 with high-yielding results – EuropaProperty

Following another interim dividend payment in late December 2013, BPT Baltic Opportunity has made good on its promise to deliver 7 percent in annual dividends and 15 percent in...

Finance

Plac Unii complex enters the investment market – EuropaProperty

CBRE has been instructed by Liebrecht & Wood / BBI Development SA to sell Plac Unii, one of the newest office and retail schemes in Warsaw, Poland. Plac Unii,...

Finance

Final purchase agreement signed for Galeria Kazimierz – EuropaProperty

Invesco has signed a final purchase agreement for the acquisition of Galeria Kazimierz in Krakow. Globe Trade Center SA, the developer and current owner sold Galeria Kazimierz. CBRE has...

Finance

CBRE prepares the valuation of Polski Holding Nieruchomosci’s property portfolio in Poland – EuropaProperty

CBRE has prepared the valuation of the real estate portfolio of Capital Group Polski Holding Nieruchomości S.A. (PHN). The valuation enclosed 171 properties, including 123 built-up areas with office,...

Finance

Romanian mountain resort Predeal to get €20 million leisure center, bike lanes and green areas – EuropaProperty

Local authorities from the Romanian mountain resort Predeal will this year begin building a spa center as well as revamping several streets and creating bike lanes and green spaces,...

Category: Finance