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Investment & finance

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Investment & finance

Octava closes eleven property portfolio deal

schedule 03 July 2017
Alex Hayes
journalist

POLAND Octava FIZAN has completed the purchase of a portfolio of eleven properties by buying 30 companies owned by two funds managed by BPH Towarzystwo Funduszy Inwestycyjnych that are currently being liquidated: BPH FIZ Sektora Nieruchomości and BPH FIZ Sektora Nieruchomości 2.

Tower to steal market share

schedule 03 July 2017

POLAND Tower Investments is forecasting a profit of PLN 19.5 mln for 2018. The company has prepared a prospectus for the Polish Financial Supervision Authority and it is planning to debut on the WSE in the autumn. It also intends to set up a REIT in 2018. Tower Investments intends to use the funds acquired from the stock market to finance the development of its Multitower format, which are residential and service buildings designed to meet the requirements of the chains that the company is partnered with.

Plaza sells land

schedule 30 June 2017

POLAND Plaza Centers has announced that it has completed the sale of a residential plot in Łódź for which it has received a final payment of EUR 0.96 mln.

Investment & finance

Large loan for Posnania

schedule 30 June 2017
Rafał Ostrowski
journalist

POLAND Apsys and Foncière Euris have been granted EUR 260 mln in long-term refinancing for the Posnania shopping centre in Poznań from a consortium of banks including Berlin Hyp, ING Bank Śląski, Société Générale and Deutsche Postbank.

Sfinks buys Piwiarnia Warka

schedule 29 June 2017

POLAND Sfinks made an offer to purchase the Piwiarnia Warka franchise chain.

More student accommodation from Student Depot

schedule 29 June 2017

POLAND Griffin Real Estate subsidiary Student Depot, a company that builds and manages private accommodation for students has acquired development land and is preparing to open its next project.

Investment & finance

Focus Park Włocławek sold

schedule 29 June 2017
Anna Pakulniewicz

POLAND Newbridge, advised by BSC Real Estate Advisors, has acquired Focus Park in Włocławek, Poland from a privately held Luxembourg based investor.

PKO to finance Amazon's fourth distribution centre

schedule 28 June 2017

POLAND PKO Bank Polski has provided financing for the development of an Amazon fulfilment centre in Kołbaskowo near Szczecin.

Zeitgeist on ul. Długa

schedule 28 June 2017

POLAND Zeitgeist Asset Management has entered the Polish market with the purchase of two plots of land and the buildings at ul. Długa 44-50 in Warsaw from the Tele- and Radio Research Institute of the University of Warsaw.

Investment & finance

Appenninn buys Budapest office block

schedule 27 June 2017
Alex Hayes
journalist

HUNGARY Appeninn has purchases a 3,400 sqm B-class office building at 19 Frangepán street in Budapest new office building.

White Star with EUR 105 mln loan

schedule 27 June 2017
Alex Hayes
journalist

POLAND White Star Real Estate has secured a EUR 105 mln investment and construction loan for it’s the Park Warsaw project from a consortium of three banks: Berlin Hyp, Helaba and Erste Group with Berlin Hyp acting as the agent.

Deutsche AM acquires three Fashion House centres

schedule 27 June 2017

POLAND Deutsche Asset Management has announced the acquisition of three outlet centres from a fund managed by Peakside Capital.

Investment & finance

Mitiska REIM buys retail portfolio

schedule 22 June 2017

ROMANIA Mitiska REIM has acquired a portfolio of eleven retail properties with three development projects from Alpha Property Development for its First Retail International 2 fund (FRI 2).

Corum buys Prisma supermarket

schedule 22 June 2017
Alex Hayes
journalist

ESTONIA Eften Kinnisvarafond fund has sold a Prisma supermarket in Narva, to French asset management company Corum for EUR 16.7 mln euros.

Investment & finance

Toruń Plaza to be sold

schedule 22 June 2017
Rafał Ostrowski
journalist

POLAND Plaza Centers has signed a non-binding letter of intent with an unnamed investment fund to sell the Toruń Plaza shopping centre.

Investment & finance

Skanska high Fives Triuva

schedule 22 June 2017
Alex Hayes
journalist

CZECH REPUBLIC Skanska has sold the Five office building to a real estate fund managed by Triuva for eur 50 mln.

More space for investment in Lublin

schedule 22 June 2017
Eurobuild CEE

POLAND Lublin is to change zoning conditions throughout the entire city to provide more space for development.

J.W. Construction buys Gdańsk plot

schedule 21 June 2017
Tomasz Szpyt-Grzegórski

POLAND J.W. Construction Holding (JWCH) has announced the signing of a preliminary purchase agreement for a site at ul. Starowiejska 67 in Gdańsk.

Going going going and still not gone for Hyatt Regency

schedule 20 June 2017
Eurobuild CEE

BELARUS The Hyatt Regency hotel in the centre of Minsk, the construction of which has not been completed has been put up for auction for a third time.

Investment & finance

PKO BP to finance Sagittarius

schedule 20 June 2017
Rafał Ostrowski
journalist

POLAND Echo Investment has received a EUR 38 mln loan (including EUR 6 mln to pay VAT) from PKO BP for the construction of the Sagittarius Business House office project in Wrocław.

Edition 11 (293) November 2024

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