Locked content Real estate deals in Central Europe 14% up in Q2 y/y

Transaction volume in Central European countries: Poland, Czech Republik, Slovakia, Hungary and Romania, stood at €754 million in Q2 2014, 14 percent more than in 2013, according to data published Cushman & Wakefield. Over the first six months of the year, the total value of investment deals was...

Locked content EIB mulling loan to Enea

The European Investment Bank (EIB) is considering granting a loan of some PLN 1 billion to Polish power utility Enea, according to the lender’s statement quoted by ISBnews. The financing project includes investment into electricity grids in western Poland, the EIB said. The full value of Enea’s prog...

Locked content PIR launches book-building for PGE shares

State-owned investment vehicle Polskie Inwestycje Rozwojowe (PIR) has launched an accelerated book-building to 65.4 million shares of Poland’s largest utility PGE, the Polish Press Agency (PAP) reports. The stock represent 3.5 percent in the energy firm and are worth over PLN 1.3 billion. The shares...

Locked content Sołowow to sell Echo Investment – paper

Michał Sołowow, one of the richest Polish investors, is looking for a buyer for his share in property developer Echo Investment, Puls Biznesu reports. The 45-percent stake is valued at between PLN 1.3-1.5 billion. A financial market source told the daily that Citibank was hired as an advisor in the ...