News

Retail & leisure

POLAND Eurocash buys into Arhelan

schedule 17 March 2021
Nathan North
managing editor

Polish retail group Eurocash has concluded an agreement to acquire a 49 pct (and ultimately 50 pct) stake in Arhelan, which operates more than 100 stores in north-eastern Poland.

Retail & leisure

POLAND EPP seals M1 portfolio buy for EUR 106 mln

schedule 17 March 2021
Nathan North
managing editor

Chariot Top Group, a company managed by Griffin Real Estate, has sold four Polish retail Parks to EPP for EUR 106 mln.

Warehouse & industrial

POLAND LED specialist opts for 7R Park Poznań East

schedule 17 March 2021
Opr./edited by NN

Lighting systems producer and supplier ES-System has leased almost 11,500 sqm of warehouse and office space in 7R Park Poznań East.

Investment & finance

romania Erste refinances Mitiska REIM

schedule 16 March 2021

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

Warehouse & industrial

Poland Medicus stays in Tychy

schedule 16 March 2021

Medical equipment distributor Medicus has renewed its lease of 1,600 sqm in Segro Industrial Park Tychy 2.

Investment & finance

Romania One pays back its bonds

schedule 16 March 2021

One United Properties has announced that it has paid back EUR 20 mln to recoup its 4-year bonds ten months before their maturity.

Office & mixed-use development

POLAND Brain Park on its way to Kraków

schedule 16 March 2021
Nathan North
managing editor

Echo Investment has started the construction of the 43,000 sqm Brain Park office complex in Kraków.

Office & mixed-use development

POLAND Top of K2 reached – in Gdynia

schedule 16 March 2021
Nathan North
managing editor

After reaching its maximum height of 25m, the topping out ceremony has taken place for the K2 office building, which is being developed by Vastint in Gdynia.

Warehouse & industrial

POLAND Panattoni to build Europe’s biggest TK Maxx depot

schedule 16 March 2021
Opr./edited by NN

Panattoni is to develop a 61,135 sqm distribution centre in Sulechów in western Poland for TJX Europe – the owner of the TK Maxx clothing and household goods chain.

Events

POLAND An invitation for tennis from APP-Projekt

schedule 15 March 2021
Eurobuild Conferences

“As a long-term partner of the Eurobuild tennis tournament, we are proud to continue with our cooperation in organising this year’s event, especially in such difficult times,” emphasises Jacek Korwin-Małaszyński, a member of the management board of APP-Projekt, the Main Sponsor of the 16th Annual Eurobuild CEE Tennis Tournament.

Events

POLAND Piotr Kuczyński – the opening act of our investment conference

schedule 15 March 2021
Eurobuild Conferences

On April 22nd, Eurobuild CEE will again play host to a dazzling array of leading real estate market experts. And to get us off to the best possible start, it will be opened with a lecture by outstanding economist and financial market analyst Piotr Kuczyński.

Investment & finance

CENTRAL EUROPE Immofinanz launches S Immo takeover bid

schedule 15 March 2021
Nathan North
managing editor

Immofinanz has announced a takeover bid for rival company S Immo, in the latest move in the labyrinthine game of thrones taking place between three of Austria’s real estate giants, all of which are also players in the CEE region.

Investment & finance

CEE REGION Cromwell completes EUR 113 mln Arete portfolio buy

schedule 15 March 2021
Nathan North
managing editor

Cromwell European REIT has completed its EUR 113.2 mln acquisition from Arete Group of the Arete Invest CEE II subfund’s entire industrial portfolio, which is located in the Czech Republic and Slovakia.

Retail & leisure

POLAND Netto seals Tesco Polska takeover deal

schedule 15 March 2021
Nathan North
managing editor

The Polish anti-trust body, The Office of Competition and Consumer Protection (UOKiK), has granted its approval to the takeover of Tesco Polska by Salling Group, the Danish owner of discount supermarket chain Netto.

Warehouse & industrial

POLAND Emka to move to 7R City Flex Warsaw Airport I

schedule 15 March 2021
Opr./edited by NN

Polish logistics provider Emka has leased 3,450 sqm of warehouse and office space in 7R City Flex Warsaw Airport I for its new headquarters.

Warehouse & industrial

POLAND Panattoni park for ID Logistics in Zgorzelec

schedule 15 March 2021
Nathan North
managing editor

Construction work is to start on Panattoni Park Zgorzelec on Poland’s southwestern border with Germany following the signing of the first tenant, ID Logistics.

Hotels

ROMANIA Ramada Bucharest Majestic in Swiss hands

schedule 12 March 2021
Nathan North
managing editor

Swiss company VisionApartments has bought the former Ramada Bucharest Majestic Hotel.

Investment & finance

POLAND South African REIT swoops for Bydgoszcz and Stargard parks

schedule 12 March 2021
Nathan North
managing editor

South Africa based Fortress REIT has acquired two logistics parks in Bydgoszcz and Stargard from Griffin Property Finance for an undisclosed sum.

Investment & finance

POLAND KGAL buys Villa Offices for EUR 87 mln

schedule 12 March 2021
Nathan North
managing editor

German asset manager KGAL has acquired the Villa Offices (Biura przy Willi) building of the Warsaw Brewery (Browary Warszawskie) complex from its developer Echo Investment for around EUR 86.7 mln.

Green projects

Poland Centrum Południe has the wind behind it

schedule 11 March 2021

Skanska’s Centrum Południe complex in Wroclaw is solely powered from renewable sources.

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