Robyg with building permit for Forum Wola apartments in Warsaw

Warsaw Stock Exchange-listed developer Robyg has secured a building permit for the first phase of its Forum Wola residential project in the Polish capital. Construction work on this phase of the scheme, which will comprise a total of 141 apartments in two buildings, is scheduled to launch in the com...

Locked content Robyg mulls PLN 200 mln public bond issue

WSE-listed developer Robyg is considering a public issue of unsecured PA series bonds worth up to PLN 200 million, the company said in a market filing. This amount may be increased by the decision of the board. The issue would take place as part of a program to offer bonds worth up to PLN 400…...

Locked content Goldman Sachs secures 98% stake in Robyg

Goldman Sachs subsidiary Bricks Acquisition Limited tendered over 98 percent stake in the WSE-listed real estate developer Robyg at PLN 4 per share, the company said. “We are very happy that in the call we have exceeded the 90 percent threshold of shares and votes at the general meeting. This will a...

Robyg expanding Stacja Nowy Ursus project in Warsaw

Warsaw Stock Exchange-listed developer Robyg has launched apartment sales in the fifth phase of its Stacja Nowy Ursus residential project located in the Ursus district of the Polish capital. On offer are 259 housing units that are scheduled to be completed in the third quarter of next year. The enti...

Locked content Godlman Sachs raises price in the Robyg tender

Goldman Sachs through its subsidiary Bricks Acquisition Limited raised the price in a tender offer for 100 percent stake in the WSE-listed real estate developer Robyg to PLN 4 apiece from initial PLN 3.55 offer. Overall, Bricks wants to acquire some 289 million shares. The previous offer was blocked...

Locked content Shareholders block Robyg takeover

A group of open pension and investment funds has declared that it will not sell its shares in Robyg to a Goldman Sachs subsidy Bricks Acquisition. The shareholders, who combined control a 51.6 percent stake in Robyg decided that the PLN 3.55 per share offer “does not reflect the fair value of the co...

Robyg: 2017 unit sales at around 3,470

Warsaw Stock Exchange-listed Robyg sold approximately 3,470 units last year, which marks a 17-percent increase y/y and is the best annual sales result in the residential developer’s history, according to preliminary data released by the company. In 2016, Robyg offloaded 2,957 units. The 2017 sales r...

Locked content UOKiK greenlights Robyg takeover

Antitrust watchdog UOKiK approved the takeover of the WSE-listed real estate developer Robyg by Bricks Acquisition Limited, a unit of Goldman Sachs, the company said in a market filing. Bricks announced a tender offer for 100 percent of Robyg shares (289 million) at PLN 3.55 apiece. The offer will g...

Locked content Bricks Acquisition bids on 100% of Robyg shares

Bricks Acquisition, Goldman Sachs’ subsidiary wants to buy 100 percent stake in WSE-listed real estate developer Robyg at PLN 3.55 per share, Robyg said in a market filing. The tender will run from January 2-February 2 and will cover over 289 million Robyg’s shares. It will go through if at least 66...

More Robyg apartments on sale in Warsaw’s Białołęka

Warsaw Stock Exchange-listed developer Robyg has launched sales of apartments in a new phase of its Osiedle Życzliwa Praga residential project in the Białołęka district of Warsaw. On offer are 90 housing units, which are scheduled to be completed in the second quarter of 2019. The entire investment ...