ARTICLES LABELLED WITH TAG IPO

Shopper Park Plus Zrt., a regulated real estate investment holding company that owns and operates a portfolio of 18 retail properties, aims to float new ordinary shares and to list its ordinary shares in the BSE Premium category. Retail investors can subscribe for shares from October 9, 2023, with OTP Bank Nyrt. and Concorde Értékpapír Zrt. as distributors. Retail share subscription opens on October 9. 2023. In addition to professional investors, Hungarian retail investors will also be able to participate in the Budapest Stock Exchange’s (BSE) first euro-based initial public offering.

Real estate investor and asset manager Adventum Fund Management's IPO is planned to take place before the end of 2023, Bloomberg reports. This could be the first IPO denominated in euros within the Budapest Stock Exchange (BSE). 

Proptech provider Spaceflow has announced a new strategic partner, Swedish investment group Hydda. Now, with this investment, Spaceflow will be able to get closer to its global vision to connect buildings with their occupiers.

Polish residential developer Murapol has filed a prospectus with the Polish Financial Supervision Authority (KNF) in connection with the IPO being considered and the start of listing on the Warsaw Stock Exchange.

Romanian real estate developer One United Properties has raised €52.8 million from its Initial Public Offering (IPO) on the Bucharest Stock Exchange (BVB) and reached a capitalization of €580 million. 

Cavatina Holding, one of the largest Polish developers of office space, has confirmed its intent to carry out an initial public offering (IPO) on the Warsaw Stock Exchange.  A conclusive decision in this respect will be made based on market conditions. Details of the IPO will be published in the prospectus following its approval by the Polish Financial Supervision Authority (KNF). The transaction will entail the issue of new shares only and its detailed parameters will be presented upon publication of the prospectus.

Romania’s Financial Supervisory Authority (ASF) has approved the listing prospectus of One United Properties. The developer aims to sell a 10% stake in an Initial Public Offering (IPO) carried out on the Bucharest Stock Exchange. 

In the last week of June, CTP will join the group of 25 Dutch companies included in the AScX index, which is derived from Amsterdam’s Small Cap Index. This will further increase the company’s investor visibility.

Romanian real estate developer One United Properties has announced that Claudio Cisullo has been appointed Chairman of the Board of Directors starting May 20. He has recently become the third biggest shareholder of the developer and was Member of the Board of Directors of One United Properties since 2020. 

Polish developer Cavatina Holding, which has been active in the regional cities of Poland, has recently announced plans to go public. Rafał Malarz, CEO of the company talked to Property Forum about investing in large mixed-use projects, the future of the PRS sector in Poland, possible changes in the retail and office markets and shared some details about the upcoming IPO.