Investment & finance

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Marvipol buys Praga plot

schedule 27 July 2016
Rafał Ostrowski
journalist

POLAND Marvipol has issued a stock exchange announcement for the purchase of the perpetual usufruct right of a 0.88 ha plot in Warsaw’s Praga-Południe district.

Investment & finance

Echo sets sights on Jo’burg and Lux listing

schedule 26 July 2016
Eurobuild CEE

POLAND Echo Polska Properties (EPP), which is jointly owned by Echo Investment and South Africa’s Redefine Properties, is aiming to list on the Luxembourg Stock Exchange (LuxSE) in August 2016 followed by a listing on the Johannesburg Stock Exchange (JSE) in September 2016.

CEE investment volume set to top EUR 10 bln – JLL

schedule 25 July 2016
Eurobuild CEE

CEE REGION/POLAND According to JLL, the volume of real estate investment transactions concluded across Central and Eastern Europe (excluding Russia) in H1 2016 amounted to app. EUR 5.1 bln, with Poland accounting for EUR 2.07 bln of the total, followed by the Czech Republic (EUR 950 mln), Hungary (EUR 910 mln), Romania (EUR 340 mln) and Slovakia (EUR 310 mln). The remaining SEE markets registered EUR 540 mln in finalised deals.

Unibep issues bonds for development

schedule 25 July 2016
Tomasz Szpyt-Grzegórski

POLAND Unibep has issued D-series bonds with a total value of PLN 30 mln.

Investment & finance

Record loan for Eurovea

schedule 22 July 2016
Nathan North
managing editor

SLOVAKIA Tatra Banka has granted a EUR 250 mln syndicated loan to refinance the Eurovea multifunctional complex in Bratislava – the largest real estate loan in the history of the Slovakian market.

Lokum Deweloper issues C-series bonds

schedule 22 July 2016
Eurobuild CEE

POLAND Lokum Deweloper has carried out a private issue of three-year C-series bonds with a total nominal value of PLN 40 mln.

Investment & finance

German fund buys Kraków offices

schedule 21 July 2016
Rafał Ostrowski
journalist

POLAND Warburg-HIH Invest Real Estate (Warburg-HIH Invest) has acquired the Aleja Pokoju 5 office building in Kraków’s CBD from Polish developer Grupa Buma.

Investment & finance

Foreign investor buys Polish rental apartments

schedule 21 July 2016
Rafał Ostrowski
journalist

POLAND Open-ended public real estate fund Bouwfonds European Residential Fund (BERF) has acquired the Apartamenty Perca rental apartments project at ul. Pereca 5 in Warsaw’s Wola district from Matexi Poland for app. PLN 100 mln (EUR 23 mln).

Buyer for Panattoni Park Warsaw

schedule 21 July 2016
Tomasz Szpyt-Grzegórski

POLAND Marvipol has reported that it managed to find a buyer for the Panattoni Park Warsaw warehouse and logistics park in Jawczyce, which was built in cooperation with Panattoni.

Investment & finance

GTC refinances Budapest projects

schedule 21 July 2016
Tomasz Szpyt-Grzegórski

HUNGARY GTC has been granted loans by OTP Bank Nyrt to refinance its the Duna Tower and CenterPoint projects in Budapest.

Investment & finance

Rockcastle enters Czech market

schedule 20 July 2016
Nathan North
managing editor

CZECH REPUBLIC Rockcastle, a South African retail investor registered in Mauritius, has entered the Czech property market with the acquisition of Forum Liberec in North Bohemia.

Investment & finance

Great H1 for CEE investment

schedule 19 July 2016
Eurobuild CEE

CEE REGION Central and Eastern European countries, excluding Russia, saw a 59 pct increase in investment for the first half of the year compared to same period in 2015, according to CBRE.

Investment & finance

EfTEN goes for Domina effect

schedule 19 July 2016
Nathan North
managing editor

ESTONIA EfTEN has acquired the Domina Shopping Center in Riga from KanAm Grund Group for EUR 74.5 mln.

Archicom raises PLN 55 mln

schedule 19 July 2016
Katarzyna Suska

POLAND Wrocław-based developer Archicom has raised PLN 55 mln from a private issue of bonds addressed to financial investors.

Marvipol pays out before division

schedule 19 July 2016
Katarzyna Suska

POLAND Marvipol is to pay out a dividend for the first time, which the company has earmarked PLN 4.57 mln for.

Robyg to pay dividend

schedule 19 July 2016
Katarzyna Suska

POLAND A general shareholders’ meeting at Robyg has made the decision to pay out dividends from the company’s 2015 profit.

Investment & finance

HB Reavis sells London project to Wells Fargo

schedule 18 July 2016
Nathan North
managing editor

UK/SLOVAKIA HB Reavis is selling its 33 Central development close to the Thames embankment in London to Wells Fargo, the third largest bank in the U.S. in terms of assets.

Brexit to push demand for prime elsewhere and to Poland – C&W

schedule 18 July 2016
Nathan North
managing editor

EUROPE The UK referendum vote will lead to increased demand fro prime assets elsewhere in Europe, according to Cushman & Wakefield.

Investment & finance

BBI sells 72 apartments in Złota 44

schedule 18 July 2016
Ewa Andrzejewska

POLAND BBI Development has revealed that on July 5th the Złota 44 company concluded a preliminary contract for the sale of 72 luxury apartments in the project at ul. Złota 44 in Warsaw with a subsidiary of German real estate fund Catella Wohnen Europa.

Semeko obtains development loan

schedule 18 July 2016
Ewa Andrzejewska

POLAND Semeko Grupa Inwestycyjna has obtained a loan of PLN 18 mln from Alior Bank.

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