News

Investment & finance

Europe Erste Group recovers from Covid

schedule 03 November 2020
Opr./edited by AH

Erste Group has posted a net profit of EUR 637.1 mln for the first nine months of the year.

Investment & finance

Romania One to issue EUR 70 mln in shares

schedule 03 November 2020
Opr./edited by AH

A capital increase was approved at the general meeting of shareholders of One United Properties on Monday, September 28th.

Infrastructure

Hungary Strabag takes on railway renovation project

schedule 02 November 2020
Opr./edited by AH

A consortium including Strabag is to upgrade a single-track railway line between Püspökladány and Biharkeresztes on the Romanian border.

Investment & finance

POLAND CA Immo buys Postępu 14 for EUR 87 mln

schedule 02 November 2020
Nathan North
managing editor (English section)

CA Immo has acquired the Postępu 14 office building in Warsaw’s Służewiec business district for around EUR 87 mln from its developer HB Reavis.

Warehouse & industrial

POLAND Selsey sashays into Panattoni park

schedule 02 November 2020
Nathan North
managing editor (English section)

Polish online furniture and interior décor retailer Selsey has leased 11,500 sqm in Panattoni’s City Logistics Wrocław I.

Warehouse & industrial

Prologis sees stability

schedule 02 November 2020
Opr./edited by AH

At the end of the third quarter this year Prologis Europe had a total portfolio of 19 mln sqm. Its properties were 95.9 pct occupied compared to 96.6 pct at the end of the previous quarter.

Investment & finance

CEE region CEE economies down but not out

schedule 02 November 2020
Opr./edited by AH

CEE Investment volumes for the Q1–Q3 period reached around EUR 8 bln – 12 pct down on the same period of 2019 

Retail & leisure

SERBIA Region’s largest mall opens its doors in Belgrade

schedule 02 November 2020
Nathan North
managing editor (English section)

Galerijа Belgrade, which according to the investor behind the project, Eagle Hills, is the largest shopping and entertainment centre in the region, opened its doors for the first time on Saturday.

Office & mixed-use development

POLAND Topping out for Nowy Rynek D

schedule 02 November 2020
Opr./edited by NN

The topping out ceremony has taken place for building D of the Nowy Rynek office complex in Poznań.

Investment & finance

ROMANIA Largest Romanian land deal goes through

schedule 02 November 2020
Opr./edited by NN

The Romanian competition authorities have approved the purchase of a 54 ha site in Bucharest by Sif Banat-Crișana, in what is reported to be the largest amount of non-agricultural land to change hands in a single deal in the country’s history.

Office & mixed-use development

POLAND UBS extends Green Office lease

schedule 30 October 2020
Opr./edited by NN

UBS Business Solutions has signed a four-year extension for the 5,000 sqm of office space it leases in the Green Office complex in Kraków.

Warehouse & industrial

POLAND SymLog logs into City Logistics Warsaw III

schedule 30 October 2020
Opr./edited by NN

SymLog has leased warehouse space at City Logistics Warsaw III.

Warehouse & industrial

Panattoni Park Bydgoszcz III under construction for Reconext

schedule 30 October 2020
Opr./edited by AH

Preparations are underway to prepare for the construction of the third Accolade project in Bydgoszcz.

Warehouse & industrial

XBS stays in P3 Błonie

schedule 30 October 2020
Opr./edited by AH

Logistics provider XBS Logistics has renewed lease agreements for a total of over 19,000 sqm in two warehouses in P3 Błonie near Warsaw.

Office & mixed-use development

POLAND CitySpace in Face2Face

schedule 30 October 2020
Nathan North
managing editor (English section)

Flexible office provider CitySpace is to open a 2,300 sqm centre in the Face2Face Business Campus in Katowice.

Investment & finance

Poland Orange Office Park refinanced

schedule 30 October 2020
Opr./edited by AH

Park Berlin Hyp has issued a EUR 48 mln loan to East-West Development Office a subsidiary of the Jongen Family Office to refinance the Orange Office Park in Kraków.

Warehouse & industrial

Poland 7R grows taller

schedule 30 October 2020
Opr./edited by AH

7R has recently announced that it is now to offer its tenants warehousing with a 12m clear height as standard.

Investment & finance

CROATIA M7 teams up with largest Croatian pension fund

schedule 30 October 2020
Opr./edited by NN

Croatia’s largest pension fund, AZ, has diversified into real estate with the EUR 21 mln purchase of shares in M7 Primo – an SPV that has acquired a 33,000 sqm distribution centre in Zagreb.

Investment & finance

CENTRAL EUROPE P3 agrees to buy 650,000 sqm German portfolio

schedule 30 October 2020
Opr./edited by NN

Prague-based P3 Logistic Parks has signed an agreement with an unidentified seller to acquire a 650,000 sqm retail logistics portfolio in Germany. The value of the transaction has also not been disclosed.

Office & mixed-use development

POLAND Vorwerk to work in Giant Office

schedule 29 October 2020
Opr./edited by NN

Vorwerk has leased 445 sqm of office and retail space in the Giant Office complex in Poznań.

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