pbb generates pre-tax profit of €42 million in the first quarter
Deutsche Pfandbriefbank AG (pbb) got off to a good start in the new financial year, generating a pre-tax profit of €42 million in the first quarter (Q1 2021: €52...
Tag: Bank
Erste sells land to JYSK for a major warehouse development near Budapest – EuropaProperty
Erste Ingatlan Kft, a subsidiary of Erste Bank Hungary, has signed an agreement to sell 57 hectares of a 170-hectare plot in Ecser, next to Budapest, to an international...
EBRD reveals CEE/Eurasia economies’ vulnerability to external shocks amid coronavirus crisis – EuropaProperty
A new monitor from the European Bank for Reconstruction and Development (EBRD) reveals that numerous states from the Central, Eastern and Southeast Europe and Eurasia regions are highly vulnerable...
EIB lends €50 million to dairy cooperative Mlekpol for better production, logistics and storage – EuropaProperty
The European Investment Bank (EIB) is financing Mlekpol, one of Poland’s largest dairy cooperatives, to support the company’s modernisation and growth strategy. The €50 million loan (equivalent to PLN...
Patrick Zehetmayr heads commercial real estate activities at Erste Group – EuropaProperty
Erste Group Bank AG (“Erste Group”) has appointed Patrick Zehetmayr to head the banking group’s commercial real estate business, which encompasses non-residential activities at both the stock-listed company’s holding...
Bird & Bird advises Bank of China on granting a loan exceeding EUR 120 million – EuropaProperty
Bird & Bird advised Bank of China (Luxembourg) S.A (Poland and Luxembourg branches) on a financing transaction for an amount exceeding EUR 120 million. The loan was partially used...
World Bank as a new tenant of Advance Business Center II – EuropaProperty
GTC Bulgaria has signed an agreement with World Bank for lease of 4,000 sqm in Advance Business Center II office building, which is currently in the construction phase and...
BCR sells historic palace in Bucharest – EuropaProperty
Romanian bank BCR has completed the sale of the historic Oscar Maugsch Palace, located on Bucharest’s Universitatii Square, to the Luxembourg-based Vivion Investment Fund, controlled by Isaac and Amir...
Santander and Helaba to finance four more Resi4Rent projects – EuropaProperty
A bank consortium of Santander Bank Polska and Helaba (Landesbank Hessen-Thüringen) will finance four development projects of Resi4Rent – the largest institutional residential rental platform in Poland. Under the...
Hi Piotrkowska secures PKO Bank as its first office tenant – EuropaProperty
PKO Bank Polski will be the first office tenant of the Hi Piotrkowska complex, which is being constructed in the centre of Łódź. The new seat of the bank...
Colosseum Centre secures funding from Credit Europe Bank – EuropaProperty
Colosseum Centre in Bucharest has secured with Credit Europe Bank the funding required to develop the current stage of expansion, that is the shopping mall, with fashion, leisure and...
Santander Bank Polska at CZ Office Park in Lublin – EuropaProperty
Santander Bank Polska S.A. has leased nearly 5,000 sqm of office space at CZ Office Park in Lublin. The tenant was represented by Agnieszka Gułaś and Krzysztof Misiak from...
