PL

CZECH REPUBLIC RSBC buys Brno building from Generali

Investment & finance
RSBC Group has bought the Millenium Center Hybešova 42 office building central Brno from Generali Investment CEE.

According to a press release issued by Prague-based RSBC, the property, which comprises four interconnected five-storey buildings, has a market value of CZK 200 mln (app. EUR 7.84 mln). Millenium Center Hybešova 42 was originally built in 1850, but major renovations were completed in 2003. It now contains 382 sqm of retail and 4,325 sqm of office space.

We have acquired a building in an attractive location with a leasable area of more than 5,000 sqm, which fits perfectly into our investment plans. This is a property with development potential and the possibility of multifunctional use.
Jan Ditz, the director of RSBC Real Estate

RSBC Group was established in 1998 as the administrator of the restituted property of the Schönfeld family. Robert Schönfeld is the chairman of the board of directors. The group currently manages a ​​55,000 sqm portfolio of residential, office and retail buildings with a market value of CZK 2 bln (EUR 78.4 mln).

Latest news

Warehouse & industrial

POLAND Huge robotised Amazon centre to open in Moravia

schedule 17 September 2021
Nathan North
deputy editor

Panattoni and investment partner Accolade are to build a 190,000 sqm fulfilment centre in the Czech Republic for Amazon near Kojetín in the Olomouc region of Moravia.

Material partner

Poland It's a comfortable life

schedule 31 August 2021
Eurobuild CEE

Ziv Zviel, the CEO of Atlas Estates, tells ‘Eurobuild’ about the company’s plans for the residential sector, top investments and the future of the market

Retail & leisure

POLAND Griffin RE sells EUR 87 mln retail portfolio

schedule 17 September 2021
Nathan North
deputy editor

Polish investment manager Griffin Real Estate has completed the sale of a 107,600 sqm retail portfolio for EUR 87 mln to an undisclosed buyer.

Eurobuild Awards

Poland Tricks and tips in the run-up to the Gala

schedule 16 September 2021
Eurobuild Conferences

After a long and unexpected break, we are finally goingto be able to meet upat a live event – and not just going to be any event, but the Eurobuild Awards Gala!

Office & mixed-use development

POLAND Zaułek Piękna still attracting tenants

schedule 15 September 2021
Opr./edited by NN

Mazars has renewed its lease of 2,055 sqm in the Zaułek Piękna in central Warsaw, while 6B47 and Trend Energy Solutions have become new tenants of the office building.

Office & mixed-use development

POLAND A4BEE in Wojdyła BP

schedule 15 September 2021
Opr./edited by NN

Tech start-up A4BEE has leased 600 sqm of office space in Wojdyła Business Park in Wrocław.

Warehouse & industrial

CZECH REPUBLIC Doosan Bobcat to open Beroun warehouse

schedule 15 September 2021
Opr./edited by NN

Panattoni, together with investor Accolade, is preparing a 13,541 sqm warehouse for Doosan Bobcat in Zdice, about 45 km southwest of Prague city centre, in the Beroun district.

Warehouse & industrial

POLAND MDC2 Park Łódź South on its way

schedule 15 September 2021
Opr./edited by NN

Polish warehouse and industrial developer MDC2 has secured a site for the development of a 65,000 sqm distribution centre south of Łódź.

Investment & finance

POLAND Adventum to buy Sky Tower skyscraper

schedule 14 September 2021
Eurobuild CEE

Adventum Group has signed a preliminary contract to buy all the shares owned by Develia in the Sky Tower office skyscraper in Wrocław for PLN 84.4 mln. The price will be reduced by the value of unsettled incentives for tenants, with the transaction set to be finalised by the end of this year.

Warehouse & industrial

POLAND 10 ha added to MLP Poznań West

schedule 14 September 2021
Opr./edited by NN

Polish industrial developer MLP Group has added a further 10 ha to the land bank of its MLP Poznań West project, bringing its target area up to around 150,000 sqm.

Warehouse & industrial

POLAND Martes Sport to move into 7R BTS Beskid III

schedule 14 September 2021
Opr./edited by NN

Polish sports store chain Martes Sport has leased 21,000 sqm of warehouse space in 7R BTS Beskid III Czechowice-Dziedzice just north Bielsko-Biała in Silesia.

Retail & leisure

CZECH REPUBLIC Trigea acquires Moravian retail parks

schedule 13 September 2021
Nathan North
deputy editor

Czech real estate fund Trigea has bought two retail parks in Moravia for an undisclosed sum.

Investment & finance

HUNGARY MNK Partners enters Hungary

schedule 13 September 2021
Opr./edited by NN

French real estate investor MNK Partners has bought a building of the Kodolányi János University on Frangepán utca in Budapest XIII, just north of the city centre.

Warehouse & industrial

ROMANIA CTP scoops up 112,000 sqm of Romanian warehousing

schedule 13 September 2021
Nathan North
deputy editor

Czech warehouse developer CTP has acquired around 112,000 sqm of industrial space in four Romania cities from Sibiu-based Zacaria Industrial Parks.

Hotels

POLAND From Sofitel to Mogotel in Wrocław

schedule 13 September 2021
Nathan North
deputy editor

The Sofitel Wrocław Old Town, which was closed down permanently due to the pandemic, is to reopen as a Wyndham hotel after a new operator – Latvian company Mogotel – was secured for the hotel.

Warehouse & industrial

POLAND Frontier crossed into Poland

schedule 09 September 2021
Nathan North
deputy editor

London-based Frontier Estates, through its Polish subsidiary, has begun its first project in Poland – Frontier Park Wrocław, an SBU warehousing park in Bielany Wrocławskie on the southern outskirts of the city.

Warehouse & industrial

POLAND Panattoni completes Kalisz plant for Leviat

schedule 09 September 2021
Nathan North
deputy editor

Panattoni has completed a 40,000 sqm production plant in Kalisz in central Poland for construction sector solutions specialist Leviat.

Events

POLAND Elektrownia Powiśle a world-beater

schedule 09 September 2021
Nathan North
deputy editor

Elektrownia Powiśle in Warsaw has been voted the world’s best mixed-use development at the MIPIM Awards, which have just been held in Cannes.

Investment & finance

HUNGARY Investum buys another Budapest office building

schedule 09 September 2021
Nathan North
deputy editor

The Árpád Center office building in Budapest has been sold by ConvergenCE to local investor Investum for an undisclosed sum.

Events

POLAND The 11th Eurobuild Awards Gala on September 30th!

schedule 08 September 2021
Eurobuild CEE

Soon we will all be able to meet again at the most important real estate event of the year – the Eurobuild Awards Gala! We will be waiting for you on Thursday, September 30th, at the DoubleTree by Hilton hotel in Warsaw’s Wawer district. Once again, we will be honouring the most outstanding people, projects and companies on the property market!

Latest in Investment & finance

schedule 14 September 2021

Adventum to buy Sky Tower skyscraper

Adventum Group has signed a preliminary contract to buy all the shares owned by Develia in the Sky Tower office skyscraper in Wrocław for PLN 84.4 mln. The price will be reduced by the value of unsettled incentives for tenants, with the transaction set to be finalised by the end of this year.

schedule 13 September 2021

MNK Partners enters Hungary

French real estate investor MNK Partners has bought a building of the Kodolányi János University on Frangepán utca in Budapest XIII, just north of the city centre.

schedule 09 September 2021

Investum buys another Budapest office building

The Árpád Center office building in Budapest has been sold by ConvergenCE to local investor Investum for an undisclosed sum.

schedule 06 September 2021

Adventum picks up Marynarska Point 1

Adventum Group has bought the Marynarska Point 1 office building in Warsaw from Savills Investment Management for an undisclosed sum. The purchaser has also revealed that it is poised to acquire another Warsaw building.

schedule 03 September 2021

Eften buys four Riga buildings in largest deal to date

Eften has agreed to acquire the office section of the Jaunā Teika multi-functional district in Riga for its Eften Real Estate Fund 4 from its developer Hanner for EUR 131 mln – its largest acquisition to date.

schedule 02 September 2021

CA Immo sells Canada Square

CA Immo has sold the Canada Square office building in Budapest to Hungarian investor Investum.

schedule 01 September 2021

DL City Zgorzelec in Czech hands

DL Invest Group has finalised the sale of the DL City shopping centre in Zgorzelec in Lower Silesia to an undisclosed fund based in Prague. Although the value of the transaction has not been disclosed, Eurobuild has discovered that the return on equity of the transaction is 253 pct and the return on the investment comes to as much as 63 pct.

schedule 01 September 2021

Generali enters Polish logistics with 7R park purchase

Italian asset and fund manager Generali Real Estate has acquired 7R Park Gdańsk II in Gdańsk-Kowale on behalf of its pan-European Generali Real Estate Logistics Fund (GRELF) from Polish industrial developer 7R for an undisclosed sum.

schedule 01 September 2021

Garbe and Union fund buys first Slovak shed

Union Investment and Garbe have acquired the first logistics property in Slovakia for the German partnership’s UII Garbe Logistik Fonds investment fund.

schedule 30 August 2021

GLP enters partnership with AIA

Hong Kong-based life insurer AIA Group has formed a strategic partnership with industrial developer GLP to invest in the logistics real estate sector globally.

schedule 26 August 2021

CA Immo confident over results

CA Immo reported recurring earnings (FFO I) of EUR 68.5 mln in H1 up by 0.5 pct on the previous year.

schedule 26 August 2021

Aareal agrees green loan for Warsaw Hub

Aareal Bank has closed a EUR 312.5 mln financing agreement with Ghelamco Group to refinance the Warsaw Hub office development, which was completed last year.

schedule 24 August 2021

CEE investment fails to dazzle

CEE investment volumes are down by 22 pct y-o-y, according to figures from Colliers. Half of all the invested capital went to Poland in the first half of the year.

schedule 18 August 2021

Berlin Hyp issues EUR 500 mln bond

Berlin Hyp has issued its fourth Mortgage Pfandbrief covered bond in 2021, with a maturity of five years.

schedule 18 August 2021

Atenor agrees EUR 50 mln Dacia One sale

Belgian developer Atenor has announced that it has signed an agreement with Paval Holding, the owner of Romanian DIY retail chain Dedeman, for the sale of its Dacia One office development in Bucharest for around EUR 50 mln.

schedule 17 August 2021

Resi4Rent with PLN 248 mln loan

Pekao Bank with Bank Gospodarstwa Krajowego and BNP Paribas have granted a construction and investment loan of over PLN 248 mln with a PLN 15 mln  VAT loan to finance five Resi4Rent rental apartment projects.

schedule 16 August 2021

Cavatina buys more land for Quorum development

Cavatina Holding has bought land in Wrocław from Invest City for PLN 95 mln net.

schedule 10 August 2021

Akropolis to buy Alfa

Akropolis Group is to buy the Alfa mall in Riga by acquiring all the shares of Delta Property from AMD Holding.

schedule 10 August 2021

Gazit offers to buy all Atrium shares

Israeli real estate company Gazit Globe has announced an offer to buy the remaining 25 pct of the shares it does not own in its CEE subsidiary Atrium European Real Estate at EUR 3.35 per share.

schedule 09 August 2021

Zeitgeist comes to Kraków

Zeitgeist Asset Management has just finalised the purchase of a privately-run student residence in Kraków from NNS.

Categories