Briefs

HVB Group buys Euromarket Office Centre in Kraków The German HVB Group has bought the Euromarket Office Centre in Kraków, southern Poland, for around EUR 23.9 mln, which represents the city's first institutional investment deal. The class A, five-storey building, which was completed in April 2000, includes Motorola, Fortis Bank Polska and BP as its tenants. The group's Central European Real Estate Investment Fund, now owns nine properties in the Central European region, of which the Renault building on ul. Marynarska in Warsaw is one. EUR 155 mln, of a total of EUR 168 mln, has so far been spent and the fund will be fully invested by the end of the year, involving two more acquisitions, one of which will be in Warsaw.   Rodamco Europe owner of half of Galeria Mokotów Rodamco Europe has acquired 50 % of developer Globe Trade Centre's stake in the company which owns Galeria Mokotów shopping centre in Warsaw. This
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