Locked content Skarbiec TFI assets at PLN 6.79 bln at end of June

Investment Fund Skarbiec TFI’s value of Assets under Management stood at PLN 6.79 billion on June 29.  A month earlier it was PLN 6.74 billion. At the end of June, the company managed 39 funds and subfunds as well as 10 dedicated funds. Skarbiec TFI was established in 1997 and belongs to Skarbiec Ho...

Locked content OFE assets down 2.6% m/m in June

The net assets of the Polish open pension funds (OFE) amounted to PLN 158.08 billion in June, a 3.6 percent decline month-on-month, according to a report issued by researcher Analizy Online. In June the average rate of return was negative and stood at -2.4%. The decline in stock exchange lasting sin...

Locked content TFI assets worth PLN 255 billion

The assets of Polish investment funds (TFIs) rose by 1 percent month-on-month to PLN 255 billion in March 2016, according to a report by researcher Analizy Online and asset management lobby IZFiA. Equity funds saw the biggest increase, by 5.5 percent m/m to PLN 28.7 billion. Mixed funds grew by 2.6 ...

Locked content Investment on commercial real estate moves away from Warsaw

For the first time investors have begun allocating  more money in regions other than Warsaw. Primarily, investment in office immobilities has shifted from the capital to more rural cities, especially Kraków. Approximately 145,000 sqm of office area was built in the first half of 2015 in Warsaw, wher...

Locked content Immofinanz expects €361,4 mln net losses

Investment and property developer Immofinanz expects a €361,4 millon net loss in the financial year 2014/2015, whereas last year it had net losses of €72 million.  This large increase is said to be due to the current economic situation in Russia which is shown by the pricing of Russian shopping cent...

Locked content Boryszew to sell assets worth PLN 200 mln

Polish industrial group Boryszew reckons it will obtain PLN 200 million from non-core asset sales this year, its CEO informed Reuters. “We are still putting our assets in order inside the group, which consists of several dozen companies. We are getting rid of our non-core assets,” chief ...