PL

POLAND EQT Exeter buys Tristar portfolio

Investment & finance
EQT Exeter has acquired a portfolio of five Polish warehouse properties from Tristan Capital Partners’ EPISO 4 fund and White Star Real Estate for an undisclosed sum.

The properties that make up the 161,689 sqm portfolio are located in Grodzisk Mazowiecki (close to Warsaw), Poznań, Pruszcz Gdański (just south of Gdańsk), Wrocław and Czeladź (near Katowice). The last-mile logistics centres range from 16,000 sqm to 40,000 sqm gla. The portfolio was bought by Tristan and White Star in early 2019 from Oz Real Estate for around EUR 86 mln.

Greenberg Traurig represented EQT Exeter for this transaction, while JLL, Dentons and PwC represented the EPISO 4 fund.

Latest news

Eurobuild CEE

Poland New faces, new positions

schedule 03 December 2021
Eurobuild CEE

A number of changes have been made to Eurobuild’s editorial team, taking effect from December 1st. Anna Korólczyk-Lewandowska has been promoted to the position of deputy editor-in-chief, while Julia Cudowska has joined the team of journalists.

Warehouse & industrial

POLAND FM Logistic centre to serve Maxi Zoo in Panattoni Głogów

schedule 03 December 2021
Nathan North
deputy editor

Panattoni has laid the cornerstone for a facility for FM Logistic in Panattoni Park Głogów in Lower Silesia, which is to be used for services for pet store chain Maxi Zoo.

Office & mixed-use development

POLAND IT crowds into Skyliner

schedule 03 December 2021
Nathan North
deputy editor

Two new tenants have been secured for the Skyliner office tower in Warsaw – DXC Technology and Luxoft, which will together occupy 5,000 sqm.

Investment & finance

Serbia EBRD supports Erste

schedule 02 December 2021

The European Bank for Reconstruction and Development (EBRD) is extending a loan of up to EUR 25 mln to Erste Bank Serbia to support the resilience of small and medium-sized enterprises.

Construction

Poland Erbud to build three residential blocks in Warsaw

schedule 02 December 2021

Erbud has announced a PLN 52.8 mln contract with Polish Export Trade & Investment to build three residential buildings in Warsaw’s Praga-Południe district.

Office & mixed-use development

POLAND PepsiCo GBS moves to Brain Park

schedule 02 December 2021
Nathan North
deputy editor

Brain Park, an office complex being developed by Echo Investment in Kraków, is to become the new headquarters of PepsiCo GBS Kraków.

Investment & finance

POLAND Pekao loans Trei EUR 27.5 mln

schedule 02 December 2021
Nathan North
deputy editor

German developer Trei Real Estate has received a EUR 27.5 mln loan from Polish bank Pekao to finance it residential developments and the expansion of its Vendo Park retail park network in Poland.

Retail & leisure

LATVIA Titanium buys Riga mall

schedule 02 December 2021
Opr./edited by NN

Finnish real estate fund Titanium, which has just entered the Baltics, has made its first investment in Latvia by acquiring the Ozols shopping centre in Riga for an undisclosed sum.

Office & mixed-use development

Poland Norblin now complete

schedule 01 December 2021

Capital Park Group has completed the conversion of the Norblin Factory site in Warsaw.

Office & mixed-use development

Poland Cresa predicts years of undersupply

schedule 01 December 2021

Office development has slowed down due to property market uncertainty. In the meantime, employees have returned to offices and companies have resumed relocations.

Office & mixed-use development

Poland Dental clinic to open in Quattro

schedule 01 December 2021

Medicover has prolonged its lease in Quattro Business Park in Kraków and increased the area it occupies to over 1,100 sqm.

Warehouse & industrial

POLAND Accolade still expanding western Poland portfolio

schedule 01 December 2021
Opr./edited by NN

Czech industrial investor Accolade Group is continuing the expansion of its portfolio in western Poland by launching a new warehousing park in Jelenia Góra in Lower Silesia and expanding its existing park in Goleniów near Szczecin.

Warehouse & industrial

CZECH REPUBLIC Billa checks into P3 Horní Počernice

schedule 01 December 2021
Nathan North
deputy editor

Czech supermarket chain Billa has leased 10,656 sqm of warehousing in P3 Horní Počernice in Prague 20.

Architecture and urban planning

SLOVAKIA ESET Campus plans unveiled

schedule 01 December 2021
Nathan North
deputy editor

Slovakian cyber-security specialist ESET has unveiled its plans for ESET Campus – a 55,000 sqm innovation and technology hub in its home city of Bratislava.

Office & mixed-use development

Poland Building D joins Quorum

schedule 30 November 2021

Building D of the Quorum complex has been topped off. It will include a total of 16,000 sqm of class A office space.

Office & mixed-use development

Poland Enel Med to open in Warsaw Spire

schedule 30 November 2021

CA Immo has signed a ten-year lease agreement with Enel-Med for a 540 sqm medical clinic on the ground floor of the Warsaw Spire C office building.

Office & mixed-use development

Poland Precisely moves to Cavatina Hall A

schedule 30 November 2021

IT company Precisely has leased 1,000 sqm with 90 workspaces on the third floor of Cavatina Hall A in Bielsko-Biała.

Retail & leisure

ROMANIA Sepsi Value Centre opens in Sfântu Gheorghe

schedule 30 November 2021
Opr./edited by NN

Prime Kapital has opened Sepsi Value Centre, the first shopping centre in Covasna county in Transylvania.

Residential

CZECH REPUBLIC CTP opens Domeq II and III

schedule 30 November 2021
Opr./edited by NN

Czech industrial developer has continued its foray into the residential market with the opening of Domeq II and III in Brno, designed for young professionals and families

Warehouse & industrial

POLAND Prologis launches work on SBUs in Warsaw

schedule 30 November 2021
Opr./edited by NN

Prologis has started the development of an SBU centre in the Polish capital – Prologis Park Warsaw-Żerań, DC2.

Latest in Investment & finance

schedule 02 December 2021

EBRD supports Erste

The European Bank for Reconstruction and Development (EBRD) is extending a loan of up to EUR 25 mln to Erste Bank Serbia to support the resilience of small and medium-sized enterprises.

schedule 02 December 2021

Pekao loans Trei EUR 27.5 mln

German developer Trei Real Estate has received a EUR 27.5 mln loan from Polish bank Pekao to finance it residential developments and the expansion of its Vendo Park retail park network in Poland.

schedule 29 November 2021

Millenium settles with Erbud in court

Construction giant Erbud has won a court dispute with Bank Millennium over a loss made on currency options and has been awarded a total of PLN 100 mln including interest.

schedule 29 November 2021

BNP finances Focus with EUR 13.5 mln loan

The Focus Estate Fund has signed a loan agreement with BNP Paribas Bank Polska for EUR 13.5 mln.

schedule 26 November 2021

Apollo takes 5.5 pct of CPI

US investor Apollo Global Management has agreed to buy a 5.5 pct stake in Czech developer and landlord CPI Property Group for EUR 300 mln.

schedule 25 November 2021

Mindspace raises EUR 72 mln for expansion

Israeli flex office provider Mindspace has secured funding of EUR 72 mln to continue its expansion in Europe, the United States and Israel.

schedule 25 November 2021

CA Immo mulls Romanian sell-off

Austrian real estate investor CA Immo is considering the potential sale of its entire Romanian portfolio.

schedule 23 November 2021

CA Immo sells Warsaw office building to Yareal

CA Immo has finalised the sale of an office property at Wspólna 47-49 in central Warsaw to Yareal Polska.

schedule 23 November 2021

HIH offloads two HGV centres to Investika

HIH Invest Real Estate has sold two HGV service stations in Poland to Czech real estate fund Investika for around EUR 15.7 mln.

schedule 23 November 2021

Macquarie buys 80,000 sqm 7R portfolio

Australian investor Macquarie Asset Management has completed the acquisition of an 80,000 sqm logistics portfolio from Polish industrial developer 7R for more than EUR 63 mln on behalf of one of its managed accounts.

schedule 19 November 2021

One buys Bucur Obor

Developer One United Properties has purchased a majority stake in Bucur Obor on the Bucharest Stock Exchange. Bucur Obor is a shopping centre in Bucharest that opened in 1975.

schedule 16 November 2021

Data centres growing strongly despite risks

Data centres remain one of the fastest growing real estate segments as the Covid pandemic has accelerated favourable trends, but developers and investors looking for high yields and promising stable cash flows face unique risks according to the latest report by Scope Ratings.

schedule 16 November 2021

Hagag diversifies to hotels

Real estate developer Hagag Development Europe has purchased the Susai Hotel in Predeal, Romania’s most prominent mountain resort.

schedule 15 November 2021

M7 sells Mani Business Centre

M7 has completed the sale of the 29,000 sqm Mani Business Centre in Zagreb to Raiffesen Pension Insurance Company.

schedule 12 November 2021

Growth returns to Europe

Prime European logistics rents grew on average by 5.2 pct over the past twelve months according to the DNA of Real Estate report published by Cushman & Wakefield.

schedule 12 November 2021

Baltic Horizon sells G4S

The Baltic Horizon Fund is to sell the G4S building in Tallinn to HITS Investments for EUR 15.35 mln.

schedule 10 November 2021

S Immo buys BudaPart Gate

Austrian real estate investor S Immo has acquired the BudaPart Gate office building in Budapest from local developer Market Asset Management for an undisclosed sum.

schedule 08 November 2021

Investors catch their breath

Investment activity continues to rise according to the latest figures from Colliers.

schedule 08 November 2021

Land market set for record-breaking year

The 2021 transaction volume on the Polish land market is set to break the annual record and could be as much as 60 pct higher than the best year so far, according to consultants Walter Herz.

schedule 04 November 2021

Schönfeld buys Brno plant from RSBC

Schönfeld & Co’s Premium Real Estate Fund has acquired the 17,000 sqm Reda logistics complex in Brno’s Slatina district for more than CZK 300 mln (app. EUR 11.8 mln) from RSBC.

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