Investment & finance

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Norges invests in CEE logistics portfolio

schedule 28 October 2016
Adam Zdrodowski

CEE Norges Bank Real Estate Management has acquired a 50 pct interest in a major Central and Eastern European logistics portfolio from Prologis for EUR 55.3 mln.

Investment & finance

Galeria Warmińska sold for EUR 150 mln

schedule 27 October 2016
Adam Zdrodowski

POLAND Rockcastle has signed a preliminary agreement for the purchase of the Galeria Warmińska shopping centre in Olsztyn in north-eastern Poland from Libra Project 2 for EUR 150 mln.

Gazit-Globe borrows more from Citibank

schedule 27 October 2016
Adam Zdrodowski

WORLD Shopping centre owner, developer and operator Gazit-Globe has increased and extended its credit facility agreement with Citibank by USD 150 mln to a total of USD 360 mln.

Investment & finance

Linstow sells stake in Park Inn hotels

schedule 25 October 2016
Anna Pakulniewicz

LITHUANIA Linstow has sold its stake in Baltijos Parkai, a company that owns Park Inn hotels in Vilnius and Klaipėda, to Green Hotel.

Investment & finance

Chinese investors take a quarter of Hilton

schedule 24 October 2016
Eurobuild CEE

WORLD Chinese conglomerate HNA Group is to acquire a stake of app. 25 pct in Hilton Worldwide Holdings from Blackstone for USD 6.5 bln, which is equivalent to USD 26.25 per share.

BGK prepares for Apartment Plus programme

schedule 24 October 2016
Tomasz Szpyt-Grzegórski

POLAND State-owned BGK Bank subsidiary BGK Nieruchomości has signed seventeen agreements including a number of letters of intent with local government authorities to support the pilot programme of the government’s new ‘Apartment Plus’ scheme.

Polnord to sell office buildings

schedule 24 October 2016
Anna Pakulniewicz

POLAND Polnord is looking for investors for two buildings in the Wilanów Office Park complex with the company hoping to complete the sales by the end of Q2 2017.

Investment & finance

Rockcastle about to merge with NEPI?

schedule 21 October 2016
Alex Hayes
journalist

CEE REGION Both NEPI and Rockcastle have advised their separate shareholders to exercise caution in respect to share dealings with the other company.

GE to invest in aircraft engine HQ

schedule 21 October 2016
Alex Hayes
journalist

CZECH REPUBLIC General Electric and Czech Republic government officials have signed an investment agreement to build GE’s new turboprop headquarters in the Czech Republic.

Dom Development to issue shares

schedule 19 October 2016
Eurobuild CEE

POLAND Dom Development hopes to acquire PLN 120 mln in a new bond issue.

EU approval for SELP acquisition

schedule 18 October 2016
Tomasz Szpyt-Grzegórski

POLAND The EU competition authorities have consented to the acquisition by Segro European Logistics Partnership (SELP) of the Gliwice 5 warehouse.

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
managing 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
managing 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).

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Edition 5 (298) May 2025

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