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First Knight Frank fund raises more than GBP 300 mln

schedule 09 February 2016
Eurobuild CEE

UNITED KINGDOM Knight Frank Investment Management, the investment management arm of Knight Frank, has successfully completed its first close on a new open-end fund at the level of over GBP 300 mln.

Colliers sees 9 pct revenue increase

schedule 09 February 2016
Eurobuild CEE

WORLD Colliers International Group recorded USD 1.72 bln in revenue in 2015.

Investment & finance

Redside buys prime Prague office portfolio

schedule 08 February 2016
Nathan North
deputy editor

CZECH REPUBLIC Local investor Redside has successfully completed the acquisition of four office buildings in Prague from a German investment fund.

Investment & finance

Immofinanz braced for EUR 400 mln Russian write-down

schedule 08 February 2016
Nathan North
deputy editor

RUSSIA At the end of January, Immofinanz commissioned CBRE, its the newly appointed appraiser for its CEE portfolio, to prepare a special appraisal of Immofinanz’s Russian properties.

Investment & finance

Warsaw Corporate Center sold

schedule 05 February 2016
Eurobuild CEE

POLAND Valad Europe has acquired the MEAG-owned Warsaw Corporate Center on behalf of its VCERP fund.

Investment & finance

Land at the top

schedule 04 February 2016

POLAND At least PLN 2.5 bln was invested in land for development in Poland in 2015, according to research by JLL, and this year the land market is expected to perform as well if not better.

Investment & finance

Stratos Office Center changes hands

schedule 03 February 2016
Tomasz Szpyt-Grzegórski

POLAND GNT Ventures Warszawa has bought Warsaw's Stratos Office Center building from Kulczyk Silverstein Properties.

Investment to reach EUR 2.8 bln in 2016

schedule 03 February 2016
Rafał Ostrowski
journalist

RUSSIA Commercial real estate investment volume in Russia is expected to reach app. USD 2.8 bln in 2016, remaining at the same level as last year, according to the latest CBRE report.

Investment & finance

Capital Park teams up with Akron to modernise ETC Swarzędz

schedule 03 February 2016
Rafał Ostrowski
journalist

POLAND The Capital Park Group and the Akron Group have signed a joint venture agreement for the refurbishment of ETC Swarzędz, the first shopping centre built in Wielkopolska region.

Investment & finance

Financing secured for reconstruction of Prudential

schedule 02 February 2016
Tomasz Szpyt-Grzegórski

POLAND Alior Bank has provided a loan to finance the reconstruction of the first skyscraper in Warsaw – the former Hotel Warszawa and the pre-war Prudential building.

Investment & finance

Finep sells two buildings in City West to JV partner

schedule 02 February 2016
Nathan North
deputy editor

CZECH REPUBLIC Finep Hilding has agreed to sell the C1 and C2 office buildings of its City West complex in Prague's Stodůlky district to its partner in the development, Ungelt Group, for an undisclosed sum.

Investment & finance

CPI buys Bondy in Mladá Boleslav

schedule 02 February 2016
Nathan North
deputy editor

CZECH REPUBLIC CPI Property Group has acquired Bondy, the largest shopping centre in the city of Mladá Boleslav in central Bohemia for an undisclosed sum.

Investment & finance

Scandinavians come to Tryton

schedule 02 February 2016
Rafał Ostrowski
journalist

POLAND Scandinavian IT company Ciklum has leased 1,000 sqm in the the Tryton Business House office building, which is being developed by Echo Investment in Gdańsk.

Investment & finance

CCC posts strong results, buys online store

schedule 02 February 2016
Eurobuild CEE

EUROPE Total monthly revenues of the Polish footwear retail group CCC have increased by 36.7 pct y-o-y, to PLN 173.2 mln, in January 2016.

Immofinanz finalizes sale of logistics portfolio

schedule 02 February 2016
Eurobuild CEE

EUROPE Immofinanz has financed the sale of its EUR 536 mln logistics portfolio to Blackstone.

Investment & finance

Annopol Business Park sold

schedule 01 February 2016
Eurobuild CEE

POLAND Hines Poland Sustainable Income Fund (HPSIF) has purchased the Annopol Business Park warehouse and office center in Warsaw from Europejskie Centrum Inwestycyjne (ECI).

Slight improvement in investor sentiment

schedule 29 January 2016
Rafał Ostrowski
journalist

UKRAINE Commercial real estate investment in Ukraine increased in 2015 to USD 65 mln, from USD 47 mln in 2014, according to DTZ Ukraine.

Investment & finance

Echo still in one piece... for now

schedule 29 January 2016
Tomasz Szpyt-Grzegórski

POLAND At an extraordinary meeting of the shareholders of Echo Investment, the decision was taken not to move forward with plans to sell the residential operations of the company to a separate Echo subsidiary, thus dividing the company.

Investment & finance

GTC makes EUR 32 mln acquisition

schedule 29 January 2016
Rafał Ostrowski
journalist

POLAND GTC has finalised the acquisition of the Pixel office building in Poznań from Garvest Real Estate fund for EUR 32.2 mln.

Construction law major barrier for investors

schedule 29 January 2016
Rafał Ostrowski
journalist

POLAND Defects in the construction law are among the biggest barriers in the way of direct foreign investment in Poland, claims the latest report by the Polish Information and Foreign Investment Agency (PAIiIZ).

Edition 4 (287) April 2024

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