PL

Investment & finance

RSS
Investment & finance

Czech Republic Rebalancing of prices is expected

schedule 26 February 2024
Opr./edited by ANZ

According to a survey by Colliers presented at a February meeting of Czech and Slovak investors and other financial experts, active in commercial real estate, investment volumes in CEE-6 fell by around 52 pct to EUR 5.1 bln in 2023, reaching a ten-year low. Czech capital, however, retains strongest position in the region.

Investment & finance

Poland Concept Tower changes hands

schedule 22 February 2024
Opr./edited by JC

CPI Property Group has sold Concept Tower, a 15-story office building in Warsaw's Wola district. The new owner is Wood & Company Real Estate Fund.

Investment & finance

Poland Hoping for smooth waters

schedule 14 February 2024
Opr./edited by ANZ

With a total investment volume of just over EUR 2 bln, performance in 2023 on the commercial real estate investment market in Poland fell by two-thirds compared to volumes in the previous three years. However, Avison Young experts, according to Property investment market in Poland 2023, expect the situation to stabilise this year and investor activity to recover throughout 2024.

Investment & finance

Croatia Immofinanz sells in Zagreb

schedule 09 February 2024
Opr./edited by ANZ

Immofinanz has closed the sale of the Grand Center Zagreb office property to a Croatian real estate company. The parties do not disclose the amount of the transaction.

Investment & finance

Poland Trigea buys Arkády Pankrác

schedule 08 February 2024
Opr./edited by ANZ

Trigea fund has finalised the purchase of the Arkády Pankrác shopping centre in Prague. This is the largest ever retail real estate transaction by domestic funds in the Czech Republic, with a value in excess of CZK 6 bln.

Investment & finance

Poland Sandecja changes hands

schedule 07 February 2024
Opr./edited by JC

A company from the Agat Ejendomme group (formerly TK Development) completed the sale of the Sandecja shopping mall in Nowy Sącz. The new owner of the facility is Focus Estate Fund.

Investment & finance

Europe CTP issues green bonds

schedule 06 February 2024
Opr./edited by JC

CTP announces the successful placement of EUR 750 mln green bond with a six-year maturity and a 4.750 pct fixed coupon. The notes were settled and admitted to trading on Euronext Dublin.

Investment & finance

Poland Palmira goes shopping

schedule 31 January 2024
Opr./edited by JC

Palmira has acquired a property in Krągola, situated between Poznań and Łódź, for the European Core Logistics Fund. Built in 2014 and occupied by Eurocash, the property comprises almost 40,000 sqm of hall and office space.

Investment & finance

Poland Polish PRS goes Dutch

schedule 29 January 2024
Opr./edited by ANZ

Dutch investment fund Van der Vorm has bought around 120 apartments from a Polish developer in Warsaw's Praga Południe district. The completed flats on ul.  Siennicka are intended for long-term rental.

Investment & finance

Czech Republic ZDR goes shopping

schedule 29 January 2024
Opr./edited by ANZ

ZDR Investments Group has completed its first acquisition of the year. The company purchased a Billa grocery store with adjoining retail in the Prague district of Kunratice for its qualified investor fund.

Investment & finance

CEE Colliers’ predictions for 2024

schedule 23 January 2024
Opr./edited by ANZ

The CEE-6 is poised for a significant GDP growth rate surge, tripling from below 1 pct last year to around 2.5 pct, retail parks continue to be a central focus driving market growth, the slowdown in deliveries of new offices will aid in filling vacant spaces, especially in modern/ESG-compliant offices – these are some of the predictions for the CEE-6 in 2024 just revealed by Colliers.

Investment & finance

Poland Imagine to be refinanced

schedule 23 January 2024
Opr./edited by ANZ

Avestus Real Estate has signed a loan agreement for the refinancing of the Imagine office complex in Łódź. The loan, totalling EUR 23.9 mln, was provided by mBank.

Investment & finance

World In search of higher risk

schedule 17 January 2024
Opr./edited by JC

According to the 2024 Investment Intentions Survey – published by Anrev, Inrev and Prea – on a weighted AUM basis, the current average allocation to real estate globally is 10.6 pct, just slightly above the average target allocation of 10.4 pct.

Investment & finance

Germany BlueRock has sold everything

schedule 17 January 2024
Opr./edited by JC

BlueRock Group has succeeded in selling the remaining properties in the BlueRock Fund PCC Cell H - Berlin Residential Growth to individual private investors. The fund is therefore being liquidated. 

Investment & finance

Poland Wiśniowy Business Park changes hands

schedule 15 January 2024
Opr./edited by ANZ

One of the buildings in Warsaw's Wiśniowy Business Park complex has changed ownership. The name the buyer, as well as the amount of the transaction were not disclosed.

Investment & finance

Poland Investment activity set to regain equilibrium

schedule 11 January 2024
Opr./edited by ANZ

Uncertainty and volatility have been the two dominant trends shaping the commercial real estate market and buyer sentiment in recent months. However, according to Trends Radar, the latest report from Cushman & Wakefield, the Polish market, whose fundamentals remain strong, is broadly expected to regain equilibrium.

Investment & finance

Poland Yareal obtains financing for Lixa

schedule 10 January 2024
Opr./edited by JC

Yareal Polska and BNP Paribas Bank Polska have successfully concluded credit agreements totaling EUR 63.8 mln, enabling the development of the Lixa office project.

Investment & finance

Poland Millions for Panattoni

schedule 10 January 2024
Opr./edited by JC

Panattoni has been awarded bank financing of around EUR 10 mln from Santander for the BTS development in Łubowo. The project will serve as the main European production plant for Maxcess.

Investment & finance

Serbia The largest single transaction in SEE

schedule 10 January 2024
Opr./edited by ANZ

Diofa Fund Management acquired Indotek’s Belgrade office portfolio including 11 premium office buildings in 5 business parks in Belgrade’s central business district.

Investment & finance

CEE 2024 will be better than expected

schedule 09 January 2024
Opr./edited by JC

Moody’s Investors Service in its latest report has maintained a stable outlook for CEE sovereigns' creditworthiness in 2024. This is driven by a robust macroeconomic outlook, limited economic scarring from Europe's energy crisis and the roughly unchanged fiscal strength of the region.

Edition 1 (285) January 2024

Categories