Investment &amp; finance

Ewa Andrzejewska

POLAND Centrum Market Zielona Góra, a subsidiary of JR Holding, has signed a contract to sell the Ramzes shopping centre on ul. Pod Topolami in Zielona Góra.

Mitiska exceeds target with second closing

POLAND Brussels-based real estate investment and fund management firm Mitiska REIM has completed the second closing of its First Retail International 2 Fund (FRI 2) close to EUR 190 mln, exceeding its original target of EUR 120–150 mln.

Etalon Group sees 200 pct sales increase

RUSSIA Etalon Group recorded RUB 23.1 bln of new contract sales in the first half of the year compared to 7.9 bln in H1 2015.

AEW Europe ready to go shopping

Eurobuild CEE

POLAND AEW Europe is planning to make more real estate acquisitions in Central and Eastern Europe. The asset manager is eyeing up almost all the main asset classes.

Hajto given loan for Zacisze

12 July 2016

Katarzyna Suska

POLAND Bank financing has been obtained for Widawskie Zacisze, a new residential project in Wrocław by local developer Hajto Development Group.

Atal secures loan for Warsaw estate

12 July 2016

Tomasz Szpyt-Grzegórski

POLAND Cieszyn-based developer Atal has obtained financing for the fourth stage of its Atal Marina Apartamenty estate in Warsaw’s Białołęka district.

Central Properties obtains EUR 60 mln Sberbank loan

12 July 2016

RUSSIA Fili Business Park, a subsidiary of Moscow-based real estate company Central Properties, has obtained a RUB 4.55 bln (app. EUR 63 mln) credit line from Sberbank for the construction of the Only residential project in western Moscow.

CE farmland prices surge

11 July 2016

CE REGION Since 2002 average farmland values in Central Europe have been growing by 20.4 pct annually, according to Savills’ global farmland index.

Immofinanz sells 18.5 mln Buwog stake

11 July 2016

Anna Pakulniewicz

EUROPE Immofinanz has sold app. 18.5 mln of Buwog's shares to Sapinda Group, a company based in Amsterdam, London and Luxembourg. The price of EUR 19 per share – for a total of app. EUR 352 mln – is 3.5 pct higher than the closing price a day before the deal was struck, ie. EUR 18.36.

Nathan North
managing editor (English section)

Peakside buys Cube from PGIM

11 July 2016

CZECH REPUBLIC Peakside Capital has acquired the Cube office complex in Prague from PGIM Real Estate for an undisclosed sum.

GTC to float in Johannesburg

08 July 2016

EUROPE/SOUTH AFRICA Real estate company GTC Group has announced that the Johannesburg Stock Exchange Limited (JSE) has approved its inward listing on the bourse’s main board.

Russian investment to increase by 74 pct

08 July 2016

RUSSIA The annual investment volume in Russia is expected to approach USD 4 bln this year – a 74 pct increase on 2015, according to JLL.

Hines sells two office buildings

05 July 2016

POLAND Hines International Real Estate Fund (HIREF) has sold the Neptun Office Center in Gdańsk and the Sterlinga Business Center in Łódź to GTC for an undisclosed sum.

Immobel swallows Allfin

04 July 2016

EUROPE Immobel has absorbed Allfin Group to become the largest publicly traded Belgian real-estate developer, with an expected market capitalisation of more than EUR 400 mln and assets of over EUR 920 mln.

Inpro building on successful Q1

30 June 2016

Katarzyna Suska

POLAND Inpro Group is set to add more than 450 flats and houses to its sales portfolio.

Prime Corporate Center sold - finally

30 June 2016

POLAND Golub GetHouse has finalised the sale of the Prime Corporate Centre in Warsaw’s Wola district to German fund managers Warburg-HIH Invest Real Estate GmbH (Warburg-HIH Invest).

Another ul. Św. Barbary tenement for sale

28 June 2016

Anna Pakulniewicz

POLAND Orange Polska has put up for sale a property on ul. Św. Barbary in the centre of Warsaw.

Shopping City Sibiu sold

28 June 2016

Anna Pakulniewicz

ROMANIA Argo Group has sold the 79,100 sqm gla Shopping City Sibiu.