News

Investment & finance

CZECH REPUBLIC AFI buys Prague office park from Tristan

schedule 13 April 2021
Nathan North
managing editor

AFI Europe has signed an agreement to acquire Avenir Business Park in Nové Butovice (Prague 5) from UK investor Tristan Capital Partners for EUR 66.5 mln.

Green projects

POLAND Green distinction for Panattoni and DB Schenker

schedule 13 April 2021
Opr./edited by NN

A 5,165 sqm cross-docking terminal developed by Panattoni for DB Schenker in Świdnik on Lublin’s eastern outskirts has receiving BREEAM ‘Very Good’ certification.

Office & mixed-use development

CEE REGION A more flexible future for offices

schedule 12 April 2021
Nathan North
managing editor

The pandemic has changed the way offices operate forever and accelerated processes that would otherwise have taken years – according to the ‘Workplace Flexibility Vademecum’ report by Skanska’s commercial development business unit in the CEE region and Business Link.

Green projects

Poland Battery reprocessing coming to Poland

schedule 09 April 2021

With a loan of up to EUR 25 mln from the European Bank for Reconstruction and Development (EBRD), Elemental Holding will establish the first facility in Poland and the EU for recycling both car batteries and other waste containing metals.

Residential

Czech Republic Student accommodation still University owned in Prague

schedule 09 April 2021

The total stock of purpose-built student accommodation (PBSA) in Prague stands at more than 28,400 beds.

Warehouse & industrial

Poland High Hope SupplyChain comes to Poznań

schedule 09 April 2021

Trading company High Hope SupplyChain has leased close to 2,500 sqm of warehouse and office space in Panattoni Park Poznań VII.

Investment & finance

POLAND Hungarian investor buys four Warsaw office buildings

schedule 08 April 2021
Nathan North
managing editor

Immofinanz has sold four office buildings in Warsaw with a total leasable area of around 45,000 sqm to Hungarian investment manager Indotek Group for EUR 72.5 mln.

Investment & finance

CENTRAL EUROPE S Immo rebuffs Immofinanz over cancelled AGM

schedule 08 April 2021
Nathan North
managing editor

S Immo has rejected a request from rival Austrian real estate company Immofinanz (which intends to make a takeover bid for S Immo) not to postpone its AGM, originally scheduled for April 30th 2021.

Property and Facility Management

POLAND Savills takes on Szyperska OC for Investika

schedule 08 April 2021
Nathan North
managing editor

Savills has been appointed as the property and leasing manager of Szyperska Office Center in Poznań, which was recently acquired by Czech investment fund Investika.

Investment & finance

Romania Mitiska refinances retail park portfolio

schedule 08 April 2021

Mitiska REIM has secured a EUR 123 mln senior debt facility from Erste Group Bank for its entire retail park portfolio in Romania.

Corporate social responsibility

Poland JLL to advise Robyg on ESG strategy

schedule 08 April 2021

Robyg Group has turned to JLL to advise it on drawing up a comprehensive environmental, social and corporate governance (ESG) strategy.

Office & mixed-use development

Poland Two tenants in Tischnera

schedule 08 April 2021

 IT companies drEryk and Innergy have leased space from Cavatina Holding in the Tischnera Office building in Kraków and will take up a combined 1,200 sqm.

Residential

Poland Echo gets a voice

schedule 08 April 2021

Echo Investment plans to equip all its apartments with voice-controlled smart home systems that use the Amazon Dot speaker.

Hotels

Baltic states Covid hits Baltic hotels

schedule 08 April 2021

Over 2020, RevPAR slid by 64 pct in Vilnius, 68 pct in Riga, and 72 pct in Tallinn according to figures from the Christie & Co consultancy.

Investment & finance

EUROPE InPost seals Mondial Relay takeover

schedule 08 April 2021
Opr./edited by NN

Polish courier company InPost has announced it has entered into a binding share purchase agreement for the acquisition of 100 pct of the share capital and voting rights of French rival Mondial Relay.

Warehouse & industrial

CZECH REPUBLIC Marmon moves to Brno Airport Park

schedule 08 April 2021
Opr./edited by NN

Marmon Foodservice Technologies has leased a 12,000 sqm production building at Brno Airport Park, which is owned by Czech company Accolade.

Investment & finance

CENTRAL EUROPE Immofinanz insists on S Immo shareholder meeting

schedule 08 April 2021
Opr./edited by NN

Immofinanz has requested that S Immo convenes an extraordinary shareholders’ meeting, at which the shareholders are to resolve an amendment to the latter company’s articles of association to cancel its maximum voting right as a condition to allow Immofinanz’s takeover offer for the company to go ahead.

Investment & finance

CENTRAL EUROPE Defamation lawsuit against CPI thrown out

schedule 08 April 2021
Opr./edited by NN

The New York State Court has dismissed a defamation lawsuit against CPI Property Group related to its 2013/14 acquisition of Orco Property Group.

Investment & finance

POLAND ASLI buys Panattoni Łódź City VIII for EUR 28 mln

schedule 08 April 2021
Nathan North
managing editor

UK investor Aberdeen Standard European Logistics Income PLC (ASLI) has signed an agreement for the acquisition of the Panattoni Łódź City VIII logistics park for EUR 28 mln.

Infrastructure

Work on Ursynów tunnel almost done

schedule 07 April 2021

Construction work on Warsaw’s southern bypass is nearing completion.

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