ARTICLES LABELLED WITH TAG financial
05
May
2025
May
2025
Erste Group to acquire controlling stake in Santander Bank Polska
Erste Group Bank AG and Banco Santander S.A. announced that they have entered into an agreement for Erste Group to acquire a 49% stake in Santander Bank Polska Group S.A. for PLN 584 per share (approximately €6.8 billion) and a 50% stake in Santander Towarzystwo Funduszy Inwestycyjnych S.A. for approximately €0.2 billion from Santander Group. Together, this amounts to a total cash consideration of €7.0 billion.
Read more >
17
Feb
2022
Feb
2022
Czech investment volume falls for second consecutive year
Colliers published a survey of the Czech commercial real estate investment market for Q4 2021. It shows that the volume of investments fell for the second year in a row in 2021, although sales were 8 percent higher year-on-year in the last quarter. The largest investment in Q4 was the sale of the Generali headquarters in Prague with an area of 36,000 sqm.
Read more >
31
Mar
2021
Mar
2021
Echo Investment posts strong financial results
In 2020, Echo Investment achieved a net profit of PLN 122 million, which was the result of hand over 1,505 apartments to clients, growth in value of the commercial projects under construction, as well as completed Resi4Rent projects.
Read more >
09
Mar
2018
Mar
2018
EPP set to meet the challenges of e-commerce
EPP published its financial results for the full-year of 2017. During the period, the distributable income was at €76.6 million, exceeding the forecasts. At the same time, the company kept building its strong presence in Poland’s key cities, while EPP-owned properties enjoyed growing footfall and increasing sales. The value of asset portfolio rose by 29%, to €1.95 billion.
Read more >
08
Mar
2018
Mar
2018
Globalworth closes year of growth
As at 31 December 2017, Globalworth's combined real estate portfolio was valued at €1,815.4 million, comprising €1,135.3 million in Romania and €680.1 million in Poland via GPRE. Globalworth posted its results for the year 2017.
Read more >
Latest news
- AFI Czech Republic occupancy rises in 2025
- Regional capital takes the lead as CEE investment markets regain momentum
- Swissôtel opens first Czech Republic hotel in spa town
- Fiege expands to 51,000 sqm at Panattoni Park Moson
- Czech property investment hits record €4.4 billion in 2025
- 7R signs 20,000 sqm lease for hybrid facility near Poznań
- Park Properties attracts partner for luxury villas project near Bucharest
- Asset class diversification drives deal activity across CEE
- CA Immo secures €150 million green revolving credit facility
- MLP Group raises €350 million in green bonds for expansion
New leases
- The recreational offering at Fort Wola has been further enhanced. Zdrofit fitness club, which has operated at the centre since 2024, has expanded its floor space by an additional 790 sqm to house a modern pilates zone. Following this expansion, the club’s total footprint exceeds 2,280 sqm.
- Bolton Romania has leased 306 sqm of office space in the Bucharest-based River Plaza. The deal was brokered by Fortim Trusted Advisors.
- IWG has leased 1,297 sqm for a flexible workspace in the Egros Office project in Iași.
New appointments
- Věra Hordóssyová has joined GARBE Group as Account and Financial Manager. She brings over 20 years of experience in finance and accounting, having held roles such as Chief Accountant and Financial Controller.
- Krzysztof Szargawiński has joined Avison Young Poland’s Office Agency team as an Associate Director. In his new role, Krzysztof will be responsible for leading the department’s projects in the Wrocław region. He brings over 20 years of experience in the Polish commercial real estate market, gained primarily in Wrocław, Warsaw, and Katowice.
- Balázs Kun has joined Avison Young Hungary as Director, Industrial, Land & Development. He brings over 5 years of experience in the Hungarian real estate market, most recently serving at CBRE in the Industrial and Logistics department.
