Locked content Altus: GetBack arrests won’t affect our operations

After two former executives of the WSE-listed fund manager Altus TFI were arrested in connection with the troubled WSE-listed debt collector GetBack, the company said that it won’t affect its operations “a bit.” “We would like to assure our investors, clients, and contractors that all processes and ...

Locked content Poland to expand KNF authority

Poland’s government wants to expand competencies of the Financial Supervision Authority KNF by, among other things, expanding its board with representatives from PM and banking guarantee fund BFG. The draft bill will be discussed at the upcoming cabinet sitting scheduled for Tuesday. The board will ...

Oh Kino in Warsaw’s ArtN complex

Cinema operator Oh Kino has leased 3,300 sqm in the ArtN mixed-use project, which investor Capital Park is now developing in the Wola district of Warsaw. The tenant will open a seven-screen movie theater in the scheme towards the end of 2020. The ArtN development is being built on the site of the fo...

Apsys managing Bonarka mall in Kraków

Investor NEPI Rockcastle has appointed Apsys as the manager of its Bonarka shopping center in Kraków. The mall, which is located in the Podgórze district of the city and opened for business in 2009, offers 92,000 sqm of usable space. It houses 270 stores and over 30 restaurants. The current owner bo...

OTCF leases almost 3,000 sqm in Kraków’s Diamante Plaza

OTCF – the owner of 4F, a brand offering sportswear and sports accessories – has leased approximately 2,900 sqm of office space in the Diamante Plaza building in Kraków with the transaction having been brokered by BNP Paribas Real Estate. The tenant will move into its new premises in the final quart...

Locked content Coca-Cola buys Costa Coffee for £3.9 bln

Coca-Cola is acquiring British coffee-shop chain Costa Coffee from Whitbread in a £3.9 billion deal. The transaction value amounts to 16.4 times Costa EBITDA for 2018. The deal should be completed in the first half of 2019, Whitbread said in a statement. This combination will ensure new product deve...