The Warsaw Voice » Other » News - July 12, 2018
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Developers seek finances
Real estate developers are struggling with raising financing via corporate bond issues amid weaker moods on the corporate bond market, Parkiet daily writes citing bond sales data from the past month.
Ghelamco Invest raised PLN 9.1 million vs PLN 66 million expected, WSE-listed Capital Park got EUR 7 million vs EUR 15 million planned, among others.
Listed housing developer Polnord managed to raise the targeted PLN 40 million from a bond issue but CEO Dariusz Krawczyk admits it wasn't easy as the market has been spoiled, he told the daily.