PL

POLAND Harmond Capital Partners enters investment scene

Investment & finance
A new player has entered the investment market: Harmond Capital Partners. The investment platform has been established with the aim of providing institutional and private investors with high yielding proposals for both single asset and portfolio real estate in the CEE region, while offering comprehensive support through the investment’s entire life cycle.

The company focuses on sourcing diverse projects and providing investors with value creation opportunities through lease restructuring, proactive commercialisation as well as redevelopment and refurbishment. Thus it is a full end-to-end service, covering each stage of the investment process, from acquisition and funding, up to divestment or buy-and-hold strategy execution.

The partners and investors team, owner-operated through Harmond Capital Partners B.V., consists of dedicated property, finance and investment professionals with more than 40 years of experience.

Despite the rapidly changing environment, we truly believe that we are launching the platform at a favourable moment in the economic cycle, which, combined with our exceptional complementary experience and unique proactive commercial strategy, will provide investors with attractive and long-term partnerships. Our team of experienced professionals has conducted in-depth analysis on the impact of Covid-19 on CEE real estate, including the mid- and long-term implications. Our strategy reflects the opportunities that will present themselves on the Polish and European real estate market, including special situations.
Antoni Malec, the managing partner and one of the co-founders of Harmond Capital Partners

Antoni Malec’s previous achievements include establishing and managing the restructuring processes of Bank Pekao S.A.’s real estate portfolio (app. EUR 400 mln) as a head of the department, in parallel with the reorganisation of the company and its subsidiaries as the CEO. He was also responsible for both the creation and execution of leasing and marketing strategies of HB Reavis Poland, covering projects with a total value of up to EUR 1.5 bln.

Latest news

Hotels

EUROPE Convivio finalises five-star portfolio buy

schedule 21 September 2020
Nathan North
deputy editor

Convivio Hotels has completed the EUR 573 mln acquisition of eight of the five-star hotels in the pan-European Dedica Anthology portfolio from Värde Partners.

Property and Facility Management

POLAND CPI managing Concept by itself

schedule 21 September 2020
Opr./edited by NN

CPI Property Group has taken over the management of Concept Tower in central Warsaw, following its recent acquisition of the property.

Warehouse & industrial

POLAND More packed in at Hillwood Marki

schedule 21 September 2020
Opr./edited by NN

Hurtownia Opakowań has increased the warehouse space it leases in Hillwood Marki to 4,500 sqm.

Investment & finance

CZECH REPUBLIC Portivo picks up Brno Mall

schedule 21 September 2020
Nathan North
deputy editor

Czech investment group Portiva and Micronix have bought the Central Kladno shopping centre in Brno from Crestyl for CZK 2 bln (app. EUR 74.8 mln).

Investment & finance

CZECH/ SLOVAKIA/ UK Vesa starts buying at Sainsbury’s

schedule 21 September 2020
Nathan North
deputy editor

Prague-based Vesa Equity Investment has announced the acquisition of a 3.05 pct share in British supermarket chain Sainsbury’s, becoming its fourth largest shareholder.

Investment & finance

POLAND Madison buys Chmielna 89 stake

schedule 18 September 2020
Nathan North
deputy editor

A fund managed by US investor Madison International Realty has bought a 65 pct stake in the newly completed Chmielna 89 office project in central Warsaw from Cavatina Holding.

Office & mixed-use development

POLAND West 4 Business Hub up and running

schedule 18 September 2020
Nathan North
deputy editor

Echo Investment has put into use the first stage of the West 4 Business Hub office complex in Wrocław.

Warehouse & industrial

POLAND Panattoni launches work on third Bydgoszcz park

schedule 17 September 2020
Opr./edited by NN

Construction work has begun on Panattoni Park Bydgoszcz III, the first tenant of which is to be electronic equipment servicing company Reconext.

Events

Poland Monika Żywiecka triumphs in the women’s singles!

schedule 17 September 2020
Eurobuild Conferences

The 15th Annual Eurobuild CEE Tennis Tournament endedin the best possible fashionfor Monika Żywiecka of Oakbridge Capital Advisors, with her victory in the women’s singles final.

Warehouse & industrial

POLAND Phoenix charges into Rzeszów

schedule 17 September 2020
Nathan North
deputy editor

The topping out ceremony has taken place for a 15,000 sqm BTS facility being developed by Panattoni for Phoenix Contact E-Mobility in Rzeszów.

Green projects

ROMANIA Funshop Parks to be green parks

schedule 17 September 2020
Opr./edited by NN

Polish company Scallier, which is developing the Funshop Park chain of retail parks in Romania, has opted to obtain BREEAM certification for all its new parks.

Investment & finance

CENTRAL EUROPE Trei takes out EUR 54 mln loan from Helaba

schedule 17 September 2020
Opr./edited by NN

Düsseldorf-based retail park developer Trei Real Estate has been granted an unsecured EUR 42 mln loan from German bank Helaba.

Events

POLAND Krzysztof Stempień retains his crown and adds another

schedule 16 September 2020
Eurobuild Conferences

Last year when he played for the first time at the Eurobuild tennis tournament he caused something of a sensation when he beat all his rivals. Even then, Krzysztof Stempień of Cresa fearlessly faced a strong field, many of whom were regular faces at the tournament, to turn the ranking table on its head.

Warehouse & industrial

POLAND Accolade flies into Szczecin Airport

schedule 16 September 2020
Opr./edited by NN

Accolade has revealed that it is investing EUR 21.3 mln in Panattoni Park Szczecin Airport in Goleniów on the outskirts of the city

Office & mixed-use development

POLAND Arty experience in the Factory

schedule 16 September 2020
Opr./edited by NN

The Art Box Experience, the first fully interactive and digital art gallery in Poland, is to open in Norblin Factory in Warsaw.

Warehouse & industrial

POLAND DHL and DL join forces in Silesia

schedule 16 September 2020
Opr./edited by NN

DL Invest Group and DHL Supply Chain Polska are to jointly develop the DL Invest Park Psary logistics centre in Psary in Silesia.

Events

POLAND Monopolis and Granaria triumph at MIPIM Awards

schedule 16 September 2020
Nathan North
deputy editor

Two Polish developments are among the twelve winners at the MIPIM Awards 2020, which were presented in Paris on September 15th.

Office & mixed-use development

POLAND Full growth of first part of the Forest

schedule 15 September 2020
Opr./edited by NN

HB Reavis has topped off the lower building of its Forest development in Warsaw.

Office & mixed-use development

ROMANIA Siemens and NTT lease half of AFI Park Brașov I

schedule 15 September 2020
Opr./edited by NN

AFI Europe Romania has announced that it has leased 55 pct of AFI Park Brașov to Siemens and NTT Data Services.

Warehouse & industrial

ROMANIA JV leases 75,000 sqm in CTP Bucharest West

schedule 15 September 2020
Nathan North
deputy editor

A joint venture between Maersk and IB Cargo has leased 75,000 sqm in CTPark Bucharest West, which is to be used as a distribution centre for Ikea Supply AG.

Latest in Investment & finance

schedule 21 September 2020

Portivo picks up Brno Mall

Czech investment group Portiva and Micronix have bought the Central Kladno shopping centre in Brno from Crestyl for CZK 2 bln (app. EUR 74.8 mln).

schedule 21 September 2020

Vesa starts buying at Sainsbury’s

Prague-based Vesa Equity Investment has announced the acquisition of a 3.05 pct share in British supermarket chain Sainsbury’s, becoming its fourth largest shareholder.

schedule 18 September 2020

Madison buys Chmielna 89 stake

A fund managed by US investor Madison International Realty has bought a 65 pct stake in the newly completed Chmielna 89 office project in central Warsaw from Cavatina Holding.

schedule 17 September 2020

Trei takes out EUR 54 mln loan from Helaba

Düsseldorf-based retail park developer Trei Real Estate has been granted an unsecured EUR 42 mln loan from German bank Helaba.

schedule 14 September 2020

Romanian RE investment rockets despite the pandemic

More than EUR 400 mln worth of real estate transactions closed in Romania the last weeks, confirming both that the investment market in the country has remained vigorous during the pandemic and that it is no longer just seen as a fringe Central European market, according to Cushman & Wakefield Echinox.

schedule 10 September 2020

SIF Banat-Crișana makes largest ever land purchase

Closed-end investment company SIF Banat-Crișana has agreed to buy for an undisclosed sum a 99.92 pct stake in South Korean-owned metallurgical firm Doosan IMGB.

schedule 09 September 2020

HB Reavis issues 15,000 five-year bonds

HB Reavis Group has launched its latest bond issue through Slovenská sporiteľňa bank.

schedule 09 September 2020

CEE real estate volumes up in H1 – Savills

Real estate investment turnover grew across the CEE region in H1 2020, despite the impact of Covid-19 in Q2, according to Savills’ latest European Investment Spotlight report.

schedule 07 September 2020

NY court throws out suit over CPI’s Orco takeover

A New York court has dismissed the lawsuit against CPI Property Group brought by Kingstown group companies Investhold and Verali, concerning CPI’s takeover of Orco in 2013/14.

schedule 04 September 2020

Immofinanz invests EUR 2 mln in SpaceOS

Immofinanz has invested EUR 2 mln in connected workspace platform provider SpaceOS.

schedule 02 September 2020

Savills IM buys again in Łódź

Savills Investment Management has acquired a 38,000 sqm logistics building in the Central European Logistics Hub in Łódź.

schedule 02 September 2020

ECE to become ECE Group

ECE is restructuring and, from January 1st 2021, will become ECE Group: an integrated group of companies operating in the real estate and investment sectors, offering services including asset management, development expertise and investment management.  

schedule 01 September 2020

Accolade awarded EUR 153 mln for Polish parks

Czech industrial developer Accolade has received a EUR 153 mln refinancing loan for its Polish portfolio from German real estate bank Aareal.

schedule 01 September 2020

Cordia raises EUR 105 mln from second bond issue

Cordia International, the residential development platform of Futureal Group, has completed its second bond issue on the Budapest Stock Exchange to finance its further expansion, predominantly in the CEE region.

schedule 01 September 2020

EBRD backs Novus with USD 100 mln loan

The European Bank for Reconstruction and Development has agreed to finance food retailer Novus Group with a USD 100 mln loan, of which USD 35 mln is to be syndicated to commercial banks.

schedule 01 September 2020

Robust H1 results for CPI

CPI Property Group saw its net rental income increase by 13 pct y-o-y in H1 2020 to EUR 164 mln.

schedule 31 August 2020

Warimpex sees value in switch to offices

Warimpex Finanz- und Beteiligungs suffered a 44 pct y-o-y reduction in total revenues and a 23 pct fall in gross income from revenues in H1 2020.

schedule 27 August 2020

CPI embraces Concept

Czech real estate investor CPI Property Group has announced the acquisition for an undisclosed sum of the Concept Tower office building on ul. Grzybowska in Warsaw from Concept Development Group.

schedule 17 August 2020

Pankrác plot sells for online record

An almost 1 ha plot in Prague 4 has been sold for a record sum for an online auction of CZK 497 mln (app. EUR 19 mln), according to the auction house, Elektronické Dražby.

schedule 17 August 2020

Eften adds latest Vilnius office building to portfolio

Eften Real Estate Fund III has acquired the Rutkausko office building in Vilnius for EUR 11.8 mln from UAB Sonex Consulting.

Categories