News

Investment & finance

CENTRAL EUROPE Immofinanz rejects S Immo bid

schedule 10 January 2022
Nathan North
managing editor (English section)

The executive and supervisory boards of Immofinanz have recommended to its shareholders that they reject the voluntary partial offer for Immofinanz shares made by rival Austrian real estate company S Immo.

Office & mixed-use development

POLAND Marel to open SCC in Brama Miasta

schedule 10 January 2022
Nathan North
managing editor (English section)

Icelandic food processing specialist Marel is to open a 1,000 sqm shared services centre in Brama Miasta office complex, which has been developed by Skanska in Łódź.

Warehouse & industrial

POLAND Castorama leases 36,000 sqm at 7R Park Łódź East I

schedule 10 January 2022
Opr./edited by NN

Home improvement chain Castorama has leased more than 36,000 sqm at 7R Park Łódź East I.

Office & mixed-use development

POLAND Five new faces in Widok Towers

schedule 07 January 2022
Nathan North
managing editor (English section)

Five new tenants have leased a combined 3,450 sqm of office space in the Widok Towers building in Warsaw city centre, which is owned by Commerz Real’s open-ended real estate fund Hausinvest.

Property and Facility Management

Hungary CA Immo gains Access4You certification

schedule 07 January 2022

CA Immo has certified all nine of its office buildings in Budapest under Access4You.

Office & mixed-use development

Poland Aon stays on in Enterprise Park

schedule 07 January 2022

Financial risk consultancy Aon has renewed its lease of over 11,300 sqm in building E of the Enterprise Park office complex on Al. Powstańców Wielkopolskich in Kraków.

Hotels

CZECH REPUBLIC Sugar Palace turns into Andaz Prague–Hyatt

schedule 06 January 2022
Nathan North
managing editor (English section)

UBM Development Czechia is close to completing the refurbishment of the more than 100-year-old former Cukrovarnického paláce (Sugar Palace) on Senovážné náměstí in the centre of Prague, which is to re-open in the spring as the Andaz Prague Hotel.

Retail & leisure

POLAND Opole mall comes into Focus

schedule 06 January 2022
Nathan North
managing editor (English section)

Ukrainian real estate investor Focus Estate Fund has acquired the Turawa Park shopping centre in Opole in southern Poland from Edinburgh-based investment management group Abrdn (formerly Standard Life Aberdeen) for an undisclosed sum.

Infrastructure

Poland Budimex delivers section of Via Baltica

schedule 05 January 2022

A 20.17 km section of the S61 expressway has been opened between Wysokie and Raczki.

Property and Facility Management

Poland MVGM takes on two logistics parks

schedule 05 January 2022

MVGM has been appointed by Hansainvest Real Assets to manage 44,000 sqm of space in two logistics centres: Panattoni Park City Logistics II Wrocław and Panattoni Park Poznań X.

Investment & finance

CZECH REPUBLIC Jet lands at Airport Business Centre

schedule 05 January 2022
Nathan North
managing editor (English section)

The Jet Industrial Lease Fund has acquired the Airport Business Centre office building in Prague's Ruzyně district from Austrian real estate investor Immofinanz for an undisclosed sum.

Investment & finance

POLAND MNK picks up Piaseczno building

schedule 05 January 2022
Opr./edited by NN

Real Management and Liberty Investments have sold the mixed-use Point.44 building in Piaseczno on Warsaw’s southern outskirts to French investment fund MNK Partners for an undisclosed sum.

Investment & finance

WORLD CBRE IM buys Hillwood sheds for USD 4.9 bln

schedule 05 January 2022
Nathan North
managing editor (English section)

CBRE Investment Management has announced a definitive agreement to acquire a 57-asset, 2.64 mln sqm portfolio of logistics assets in the US and Europe from Hillwood Investment Properties for app. USD 4.9 bln.

Investment & finance

Echo issues more bonds

schedule 04 January 2022

Echo Investment is launching a new series of bonds for private investors. The developer will issue securities worth PLN 50 mln.

Investment & finance

Europe VGP and Allianz set up new JV

schedule 04 January 2022

Allianz Real Estate and VGP have agreed to form a new 50/50 joint venture.

Investment & finance

POLAND EUR 65.6 mln loan for Brain Park

schedule 04 January 2022
Eurobuild CEE

Echo Investment has obtained a EUR 65.6 mln loan for the construction of three office buildings of its Brain Park office development in Kraków. The financing has been provided by PKO Bank Polski (the loan agent) and Bank Pekao SA (the security agent).

Investment & finance

POLAND Skanska sells two to Stena for EUR 128 mln

schedule 04 January 2022
Nathan North
managing editor (English section)

Skanska has sold two of its office projects, in Wrocław and Kraków, to Stena Real Estate for EUR 128 mln.

Investment & finance

CENTRAL EUROPE S Immo issues green bonds and makes Immofinanz bid

schedule 03 January 2022

Austrian property investor S Immo has issued green bonds worth EUR 50 mln with a term of five years.

Investment & finance

Europe Aareal says yes to proposed takeover

schedule 03 January 2022

The management and supervisory boards of Aareal Bank have made a formal recommendation to the company’s shareholders to accept a takeover offer by Atlantic BidCo.

Investment & finance

POLAND Cresa Polska becomes Newmark Polska

schedule 03 January 2022
Nathan North
managing editor (English section)

New York-based real estate services company has announced a business partnership with Polish advisory Cresa Polska, formerly part of the Cresa group, which will now operate as Newmark Polska.

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Edition 12 (304) December 2025

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