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Parama Group acquired by City Service Polska

schedule 25 April 2016

POLAND In March, City Service Polska purchased shares in Parama Group, which includes a number of companies such as Atrium 21, Concierge–Zarządzanie Nieruchomościami, Gerente–Serwis Nieruchomości, Skydas–Przeglądy Budowlane, Hoone–Usługi Budowlane and Home Rent.

Investment & finance

GTC buys two Bucharest projects

schedule 22 April 2016

ROMANIA Warsaw-listed GTC has acquired two small office buildings in Bucharest.

SA fund lunches CEE platform

schedule 21 April 2016
Agata Kłapeć

SOUTH AFRICA/ SLOVAKIA Johannesburg-listed property fund Accelerate is establishing a CEE-focused investment platform aimed at acquiring single-tenant net-leased retail, industrial and office properties. It has just announced its first, app. EUR 140 mln deal.

Investment & finance

Carrefour to maintain development pace in 2016

schedule 22 March 2016
Aneta Cichla

POLAND In 2016 Carrefour Polska is planning to earmark app. PLN 260 mln for projects in Poland, similar to last year’s amount, i.e. PLN 267 mln.

Investment offensive from Vastint

schedule 19 April 2016
Tomasz Szpyt-Grzegórski

POLAND Vastint Poland has purchased land for a number of large commercial and residential projects in Warsaw, Gdańsk and Poznań.

Record breaking resi-developers

schedule 20 April 2016
Katarzyna Suska

POLAND In Q1 2016 Robyg signed sales contracts for 727 apartments, Vantage Development sold 250 apartments, Dom Development found buyers for 615 apartments, Polnord sold 276 apartments and Archicom sold 215 apartments. For each of these companies this was the best first quarter on record.

Investment & finance

Colliers launches workplace solutions unit

schedule 19 April 2016
Eurobuild CEE

POLAND Colliers International will now also advise on the development of workplace strategies. The company has just established a new department, Workplace Innovation.

HB Reavis profit up 175 pct

schedule 19 April 2016
Eurobuild CEE

EUROPE In its last financial year Bratislava-based developer HB Reavis Group has posted a 175 pct y-o-y increase in consolidated net profit, to EUR 245 mln.

Austrians get together and pull out of Russia

schedule 18 April 2016
Anna Pakulniewicz

EUROPE Immofinanz has entered into an agreement to take over another Austrian property company. It has acquired 25,690,167 ordinary shares, around 26 pct of the share capital and voting rights in CA Immobilien Anlagen Aktiengesellschaft from O1 Group Limited and Terim Limited.

CCC to pay PLN 100 mln more

schedule 15 April 2016
Katarzyna Suska

POLAND Footwear chain CCC will have to pay over PLN 100 mln more for the purchase a stake in online footwear retailer eobuwie.pl because the EBITDA of Eobuwie exceeded PLN 15 mln in 2015 – the agreed threshold above which the additional fee was to be charged.

Investment & finance

Union Investment buys Ferio Konin

schedule 13 April 2016
Nathan North
deputy editor

POLAND Union Investment has acquired the Ferio Konin shopping centre in Konin from Rockspring Property Investment Managers for an undisclosed sum.

Investment & finance

NEPI buys Forum Ústi nad Labem for EUR 82.6 mln

schedule 13 April 2016
Nathan North
deputy editor

CZECH REPUBLIC South African property investor New Europe Property Investments (NEPI) has bought the Forum Ústi nad Labem shopping centre in an EUR 82.6 mln transaction.

Etalon enjoys best quarter ever

schedule 12 April 2016
Rafał Ostrowski
journalist

RUSSIA Residential developer Etalon Group has recorded a 156 pct y-o-y increase in the number of new contracts for the first quarter of 2016.

Investment & finance

Peakside to invest more than EUR 100 mln

schedule 12 April 2016
Aneta Cichla

CEE REGION Peakside Capital has acquired additional capital of over EUR 100 mln for opportunistic real estate investment in Central and Eastern Europe, which is to be invested by the end of 2016.

Investment & finance

EC consents to Smyk acquisition

schedule 11 April 2016
Aneta Cichla

EUROPE Bridgepoint has been given permission by the European Commission to take over the Smyk group.

Investment & finance

Echo portfolio finds another SA co-investor

schedule 11 April 2016
Agata Kłapeć

SOUTH AFRICA Johannesburg-listed property fund Pivotal is to acquire an app. 6 pct stake in the Echo Prime Properties portfolio from Redefine for EUR 30 mln.

Investment & finance

Three Almas sold to TFI Skarbiec

schedule 08 April 2016
Ewa Andrzejewska

POLAND Alma Market has sold three retail properties from its Olive portfolio to Skarbiec TFI for app. PLN 27 mln.

New dates for BIK public offer

schedule 08 April 2016
Eurobuild CEE

POLAND Subscriptions for a tranche of Biuro Inwestycji Kapitałowych shares earmarked for individual investors are to be made from April 14th to April 19th.

Investment & finance

Prime to change hands for app. EUR 90 mln

schedule 08 April 2016
Tomasz Szpyt-Grzegórski

POLAND Golub GetHouse has agreed to sell the Prime Corporate Center office tower in Warsaw to Warburg-HIH Invest Real Estate.

Russian investment to reach USD 4 bln

schedule 07 April 2016
Rafał Ostrowski
journalist

RUSSIA The real estate investment volume in Russia could approach USD 4 bln this year - a 74 pct rise on the 2015 figure, according to JLL.

Edition 11 (293) November 2024

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