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Czech Republic Financing for Futurama

Investment & finance
Pbb Deutsche Pfandbriefbank (pbb) and Helaba have jointly refinanced Futurama Business Park in Prague with a EUR 107.5 mln loan for Caerus Investment Management (Caerus IM) on behalf of a separate account client.

Both banks provided equal funding for the transaction with pbb also acting as facility and security agent.

Futurama Business Park comprises five modern class A office buildings built in three phases between 2009 and 2017. The park has a combined gross leaseable area of over 47,000sqm and the tenants include such companies as Deutsche Börse/Clearstream, BASF and Roche pharmaceuticals.

Futurama Business Park is a prime office complex in Prague, and Caerus IM is a client well known to pbb. As such we are pleased to support them in the refinancing, together with our colleagues from Helaba.
Charles Balch, the head of international clients, UK, CEE & USA at Pbb Deutsche Pfandbriefbank

Latest news

Warehouse & industrial

POLAND Castorama stays in Stryków

schedule 30 November 2020
Opr./edited by NN

Home improvement goods retailer Castorama has renewed its 50,000 sqm lease at Prologis Park Stryków II, on Łódź’s north-eastern outskirts.

Warehouse & industrial

POLAND ELI buys site for City Logistics Wrocław North

schedule 30 November 2020
Opr./edited by NN

European Logistics Investment, a platform managed by Griffin Real Estate, has acquired two warehouse facilities and a 13 ha development site in Wrocław. Together with its strategic partner Panattoni, it plans to further develop the site through the construction of the 45,000 sqm City Logistics Wrocław North.

Investment & finance

EUROPE Savills IM partners with Vestas for EUR 226 mln logistics fund

schedule 30 November 2020
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Savills Investment Management and Vestas Investment Management haves launched The Vestas European Strategic Allocation Logistics Fund (VESALF I).

Investment & finance

CZECH REPUBLIC IBC finally sold to Generali

schedule 30 November 2020
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Generali Real Estate has finalised the acquisition of International Business Centre in central Prague for an undisclosed sum

Office & mixed-use development

POLAND Global medical firm moves into Warsaw Hub

schedule 27 November 2020
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Medical equipment producer Sol - Millennium has leased more than 400 sqm at The Warsaw Hub in Warsaw.

Property and Facility Management

Poland Colliers to manage for DSV

schedule 27 November 2020
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Colliers International, a leading commercial real estate advisory firm, has taken over the management of the DSV International Shared Service Centre on the corner of ul. Marynarska and ul. Taśmowa in Warsaw.

Eurobuild Awards

POLAND Maciej Dyjas – nominee for the Real Estate Personality of the Year

schedule 14 November 2020
Eurobuild Conferences

Each year Eurobuild has the privilege to pick out a select few who have stood out from other players on the real estate market and nominate them for the Personality of the Year in Commercial Real Estate Award. So who are this year’s candidates, what’s their recipe for success and what has paved their way on the road to the summit?

Office & mixed-use development

Romania Țiriac Imobiliare goes for Well Health and Safety

schedule 27 November 2020
Opr./edited by AH

Țiriac Imobiliare will be the first developer to apply for the Well Health-Safety standard in Romania for its entire portfolio.

Green projects

Poland Żabka goes green

schedule 27 November 2020
Opr./edited by AH

Convenience store Żabka has opened a store on ul. Lewandów in Warsaw to showcase all the latest ecologically sustainable technology systems.

Office & mixed-use development

POLAND Ashland in Atrium Centrum

schedule 26 November 2020
Opr./edited by NN

Ashland Poland has leased almost 1,100 sqm in Atrium Centrum in Warsaw city centre.

Office & mixed-use development

POLAND Mogilska 43 reaches 90 pct

schedule 26 November 2020
Opr./edited by NN

A consulting company has leased 1,200 sqm of office space in the Mogilska 43 Office in Kraków.

Warehouse & industrial

CZECH REPUBLIC Panattoni park at former Teplice glassworks

schedule 26 November 2020
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Panattoni has begun the construction of a new industrial park on the site of the former Kavalier glassworks in Hostomice near Teplice in Central Bohemia.

Interior design

HUNGARY MadiLancos designs own offices in ZenGarden

schedule 26 November 2020
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Hungarian architectural and design firm MadiLancos Studio has leased 400 sqm for its new head office in the recently refurbished ZenGarden building in Budapest.

Property and Facility Management

POLAND L&P gets into PM with Népliget Center

schedule 26 November 2020
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Real estate asset manager and advisor Lodge & Partners has established a property management division in Hungary, with Népliget Center in Budapest to be the first property managed by the new unit.

Events

POLAND Cautious optimism at The 26th Annual Property Market Conference in Poland

schedule 26 November 2020
Eurobuild Conferences

Eurobuild CEE's 26th Annual Property Market Conference in Poland took place on November 25th. And to sum up the tone of the discussions, it could be said that the general mood was one of cautious optimism.

Residential

POLAND Echo Investment plans urban redesign for Służewiec

schedule 25 November 2020
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Warehouse & industrial

POLAND Pure Ice from MLP Pruszków II

schedule 25 November 2020
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Pure Ice, Poland’s largest ice cube manufacturer, has leased 3,500 sqm of warehouse and office space in MLP Pruszków II.

Retail & leisure

POLAND HopStop sold to LCP Properties

schedule 24 November 2020
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The HopStop convenience retail park in Siedlce has been sold by Polish developer Katharsis Development to UK investor LCP Properties for an undisclosed sum.

Warehouse & industrial

EUROPE Palmira launches third pan-European logistics fund

schedule 24 November 2020
Opr./edited by NN

Frankfurt-based Palmira Capital Partners has launched its third European core logistics property fund – the Palmira European Core Logistics Fund.

Hotels

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schedule 23 November 2020
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InterContinental Hotels Group has signed a management agreement with Gránit Pólus Group for the Hilton Budapest City hotel in the city centre to be re-branded as the Crowne Plaza Budapest in 2021.

Latest in Investment & finance

schedule 30 November 2020

Savills IM partners with Vestas for EUR 226 mln logistics fund

Savills Investment Management and Vestas Investment Management haves launched The Vestas European Strategic Allocation Logistics Fund (VESALF I).

schedule 30 November 2020

IBC finally sold to Generali

Generali Real Estate has finalised the acquisition of International Business Centre in central Prague for an undisclosed sum

schedule 23 November 2020

Resolution debuts on the Danube

London-based Resolution Property has bought two office buildings in Budapest from Hungarian fund manager Adventum: Margit Palace and Buda Square. for an undisclosed sum.

schedule 20 November 2020

Fuzja gains financing

Echo Investment has been granted a loan by Bank Pekao to construct three office buildings in the mixed-use Fuzja project on ul. Tymienickiego in Łódź.

schedule 20 November 2020

Jupiter set for Supernova

Austrian retail real estate investor Supernova has bought the Jupiter City shopping centre in Pitești from local company Mall Retail Rom, which is owned by Israeli concern Jupiter Group.

schedule 17 November 2020

Hines buys Wrocław mega-warehouse

US investor Hines has acquired 123,500 sqm logistics park in Wrocław from GLL Real Estate Partners for an undisclosed sum.

schedule 12 November 2020

Investment volume hit hard by Covid

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schedule 12 November 2020

Lords makes biggest Latvian office investment transaction of 2020

Lords LB Baltic Green Fund (V) has bought an office complex housing Lativan bank Citadele's headquarters on Republikas Laukums square in Riga.

schedule 10 November 2020

Blackbrook picks up Amazon Poznań centre

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schedule 10 November 2020

Delta Holding finally buys Sava Center

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schedule 09 November 2020

Colliers awaits the rebound

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schedule 09 November 2020

GTC sells Spiral for EUR 41 mln

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schedule 09 November 2020

Partners Group exits Riga

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schedule 05 November 2020

Colliers pleased with financial results

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schedule 05 November 2020

Logistics investment soars

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schedule 03 November 2020

EUR 33 mln loan for Mitiska retail parks

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schedule 03 November 2020

Erste Group recovers from Covid

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schedule 03 November 2020

One to issue EUR 70 mln in shares

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schedule 02 November 2020

CA Immo buys Postępu 14 for EUR 87 mln

CA Immo has acquired the Postępu 14 office building in Warsaw’s Służewiec business district for around EUR 87 mln from its developer HB Reavis.

schedule 02 November 2020

CEE economies down but not out

CEE Investment volumes for the Q1–Q3 period reached around EUR 8 bln – 12 pct down on the same period of 2019 

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