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Investment & finance

Metropolis Center changes hands

schedule 14 October 2016
Adam Zdrodowski

ROMANIA Prague-based developer and investor PPF Real Estate has entered onto the Romanian real estate market with its acquisition of the Metropolis Center office complex in central Bucharest from Austrian real estate company Soravia.

Investment & finance

M7 raises EUR 35 mln and buys Prague office building

schedule 13 October 2016
Alex Hayes
journalist

CZECH REPUBLIC/CEE REGION UK-based investor and asset manager M7 Real Estate has raised EUR 35 mln for its M7 CEREF I Central European real estate fund and purchased the Oregon House office building in Prague.

Investment still up in Poland

schedule 12 October 2016
Adam Zdrodowski

POLAND This year, commercial real estate investment volume in Poland should be of a similar level to that seen in 2015 when combined transactions worth more than EUR 4 bln were signed, claims Colliers International. In H1 2016, the transaction volume stood at app. EUR 2 bln.

Investment & finance

HB Reavis sells another mall to NEPI

schedule 11 October 2016
Rafał Ostrowski
journalist

SLOVAKIA HB Reavis Central Europe Real Estate Fund (CEREIF) has sold the Aupark Piešťany shopping centre to South African investment company New Europe Property Investments (NEPI) for EUR 39.5 mln.

Investment & finance

Terra Casa secures funds for Wola project

schedule 07 October 2016
Ewa Andrzejewska

POLAND MBank Hipoteczny has granted a loan to TC Forum Art Deco for the financing of the Art Deco – Apartamenty na Woli project in Warsaw’s Wola district.

Copernicus Capital TFI creates real estate fund

schedule 07 October 2016
Eurobuild CEE

POLAND The Reduto Dochodowych Nieruchomości FIZAN fund, which is managed by Reduto Partners under the umbrella of Copernicus Capital TFI, has been established.

Investment & finance

Deka buys The Park in Prague

schedule 06 October 2016
Nathan North
deputy editor

CZECH REPUBLIC Deka Immobilien has signed an agreement to purchase The Park office complex in Prague 4 (Pankrác) from an affiliate of Starwood Capital Group.

Skanska secures Łucka plot

schedule 06 October 2016
Nathan North
deputy editor

POLAND Skanska has finalised the purchase of app. 0.5 ha of land in central Warsaw for EUR 22 mln.

Investment & finance

Ukrainians buy Ostrava strip mall

schedule 06 October 2016
Rafał Ostrowski
journalist

CZECH REPUBLIC Ukrainian Focus Estate Fund has acquired Nákupní Park Centro Ostrava from Jersey-based Emerging Europe Properties Fund (formerly Discovery Group Fund 3C).

Investment & finance

Skanska launches Polish fund

schedule 05 October 2016
Eurobuild CEE

POLAND The Polish Financial Supervision Authority (KNF) has given authorisation for Skanska to launch it first Polish real estate investment fund: Skanska Towarzystwo Funduszy Inwestycyjnych S.A.

Investment & finance

EUR 1.4 bln in refinancing for P3

schedule 05 October 2016
Nathan North
deputy editor

EUROPE P3 Logistic Parks has secured EUR 1.4 bln in long term refinancing arranged with a group of leading international financial institutions.

Bilfinger Building and Facility renamed Apleona

schedule 04 October 2016
Eurobuild CEE

POLAND Swedish financial investor EQT has renamed its Bilfinger Building and Facility division, which it acquired from Bilfinger for app. EUR 1.2 bln earlier this year, to Apleona.

Investment & finance

Konzum takes Hungary’s largest hotel chain

schedule 04 October 2016
Alex Hayes
journalist

AUSTRIA/HUNGARY/MONTENEGRO/ROMANIA Holding company Konzum has purchased the Hunguest hotel chain for an undisclosed price, report local media.

Investment & finance

Golub debuts in Kraków

schedule 04 October 2016
Tomasz Szpyt-Grzegórski

POLAND Golub GetHouse is planning its first commercial project in Kraków.

Investment & finance

Futureal Group refinances Corvin Corner

schedule 03 October 2016
Alex Hayes
journalist

HUNGARY Futureal Group has refinanced its Corvin Corner office building in Budapest by signing a credit agreement with Erste Bank for EUR 10.2 mln.

Investment & finance

Crowdfunding success

schedule 03 October 2016
Eurobuild CEE

POLAND Mzuri CFI 4, which employs crowdfunding to finance real estate purchases, has raised PLN 7 mln from 142 investors within two weeks.

Investment & finance

Al Habtoor buys in Budapest

schedule 30 September 2016
Adam Zdrodowski

HUNGARY UAE based investor Al Habtoor Group has added two office assets to its Budapest portfolio.

Russian investment continues to bounce back

schedule 30 September 2016
Eurobuild CEE

RUSSIA So far this year, USD 3 bln has been invested in the real estate market., representing a 71 pct increase y-o-y, according to data from JLL.

Investment & finance

City Tower in Prague sold for EUR 182 mln

schedule 30 September 2016
Nathan North
deputy editor

CZECH REPUBLIC ČS Nemovitostní Fond has bought the tallest building in Prague, City Tower in Pankrác district, from PPF Real Estate Holding for app. CZK 4.4 bln (app. EUR 182 mln).

Wikana has Marina financing

schedule 29 September 2016
Tomasz Szpyt-Grzegórski

POLAND Stock exchange-listed developer Wikana has signed a loan agreement with MBank Hipoteczny to finance the construction of the next stage of the Marina residential estate in Lublin.

Edition 4 (287) April 2024

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