pbb increases H1 2021 pre-tax profit to €114 million
As pre-released on 27 July, Deutsche Pfandbriefbank AG (pbb) has increased profit and new business in the second quarter of 2021, generating a pre-tax profit of €62 million for...
Category: Finance
EBRD sells its stake in Globalworth Real Estate Investments
The European Bank for Reconstruction and Development (EBRD) has agreed to sell its entire stake in Globalworth Real Estate Investments Ltd to Zakiono Enterprises Limited, a company ultimately owned...
Speedwell repays loan to BRD Société Générale following successful delivery of residential project
The €10.1 million loan Speedwell received from BRD Société Générale Group, for the development of the residential component of Record Park has been fully repaid before the maturity date,...
One United Properties raises €52.8 million in IPO
Romanian real estate developer One United Properties has raised €52.8 million from its Initial Public Offering (IPO) on the Bucharest Stock Exchange (BVB) and reached a capitalization of €580...
New EBRD forecast sees Ukraine’s economy returning to growth
Ukraine’s economy is set to return to growth in 2021, the European Bank for Reconstruction and Development (EBRD) says in its latest Regional Economic Prospects report. The Bank forecasts...
CTP raises €1 billion by issuing dual-tranche green bond
CTP has completed its largest green bond issuance to date, following the company’s March IPO and recent inclusion in the Euronext AScX index. Structured as a dual-tranche, CTP raised...
ProService Finteco takes over Luxembourg-based Moventum
ProService Finteco, a leading provider of support services for financial institutions, has finalized the takeover of Luxembourg-based Moventum S.C.A., a financial services company. The Luxembourg financial regulator, the CSSF,...
Dentons advises Crestyl on the refinancing of Dock In Office Park by pbb and Helaba
Global law firm Dentons advised Crestyl on the €130 million (approximately CZK 3.3 billion) refinancing of the “Dock In Office Park” complex in Prague by German banks pbb Deutsche...
pbb posts markedly higher pre-tax profit of €52 million in Q1 2021
Deutsche Pfandbriefbank AG (pbb) starts 2021 on a strong note. With a pre-tax profit of €52 million, the real estate lender exceeded the previous year’s figure of €2 million...
EBRD invests €67 million in VGP NV Green Bonds with financing earmarked for CEE
The European Bank for Reconstruction and Development has successfully subscribed to a €67 million ticket as part of the inaugural eight-year €600 million green bond issuance as announced 31...
EUROVEA 2 receives €116 million loan for extension of shopping centre and offices
EUROVEA 2 has received one of the largest real estate loans in Slovakia in recent years. Funding of €116 million will be used for the construction of the extension...
EBRD invests €30 million in the Slovak Republic’s inaugural green bond
The European Bank for Reconstruction and Development (EBRD) has supported the Slovak Republic’s first green bond issuance with a €30 million investment in the senior preferred paper. The total...
