ARTICLES LABELLED WITH TAG polnord
04
Dec
2020
Dec
2020
Cordia wants to withdraw Polnord shares from public trading
Cordia International Zrt. has announced a public tender offer to acquire the remaining approximately 7,08% of shares in Polnord SA. The goal is to increase Cordia’s stake in Polnord SA to 100% of outstanding shares.
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02
Jul
2020
Jul
2020
Cordia set to profit €38 million from Polnord takeover
Cordia International Zrt., as part of its international expansion strategy, has recently acquired 93% of Warsaw listed Polish residential developer Polnord S.A. through a combination of capital increase and public tender offer that was closed on 9 of April 2020. Cordia will first report the effects of such acquisition in its half-year balance sheet but has provided guidance on its positive effects on Cordia’s equity capital.
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19
Jun
2020
Jun
2020
Cordia launches new residential project in Poznań
After acquiring nearly 93% of stocks of Polnord listed on the Warsaw Stock Exchange, Cordia is one of the first companies to launch a new residential project in Poland following the alleviation of the pandemic. The company has started the presale of more than 200 homes being built in its first project in Gdańsk. Hungary’s leading residential developer is also active in Poznań, where it is preparing its largest-ever Polish residential investment with a large-scale urban rehabilitation. For the company, the Polish market is particularly important as it proved to be stable even during the years of the global crisis in 2008-2009.
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28
Apr
2020
Apr
2020
Cordia raises stake in Polnord to above 90%
Cordia International raised its stake in Polnord S.A. to 92.92% in a tender offer. Following the transaction, the shareholders elected a new supervisory board with representatives from Cordia.
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20
Feb
2020
Feb
2020
Cordia aims to buy remaining stake in Polnord
Cordia International announced a public tender offer on 14 February 2020 to buy the remaining approximately 34.34% of the shares in Polnord S.A., which is not owned by Cordia International currently.
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New leases
- IWG has opened a new Regus work space at Sky Tower, Chișinău. The company has opened a 1.000 sqm space on the first floor of the office building.
- Strategy has extended its lease agreement for office space in the Skyliner office building in Warsaw, part of the Karimpol Group's portfolio. Strategy occupies 1,500 sqm of office space on the 22nd floor of Skyliner I and was the building's first tenant.
- Hesburger has opened a new restaurant spanning 223 sqm in Cosmopolis, near Bucharest, following a €1 million investment.
New appointments
- CTP Romania has named Bianca Liulea-Stamate as Marketing Specialist. She has previously worked at DB Schenker for more than seven years.
- 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.
