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Investment & finance

Budapest sees “the strongest return profile in CEE”

schedule 07 March 2016
Eurobuild CEE

HUNGARY Hungarian CRE investment volume reached EUR 745 million in 2015, a 62 pct increase on 2014, says CBRE in its report.

Investment & finance

Yandex buys its Moscow headquarters

schedule 07 March 2016
Rafał Ostrowski
journalist

RUSSIA Internet search provider Yandex has bought seven out of eleven buildings of the Krasnaya Roza office complex in Moscow from development company Krasnaya Roza 1875 (owned by KR Properties).

Chinese investment in Europe on the rise

schedule 04 March 2016

EUROPE Greater Chinese investment (including Hong Kong, Macau and Taiwan) in European commercial real estate reached EUR 8.5 bln in 2015, signifying a 22 pct increase on 2014, according to the latest research by Cushman & Wakefield.

Investment & finance

MBank finances Warsaw office project

schedule 04 March 2016
Tomasz Szpyt-Grzegórski

POLAND Okre Development has obtained financing from MBank for the construction of the Grójecka Offices building in Warsaw.

Investment & finance

Liberec Plaza sold for EUR 9.5 mln

schedule 04 March 2016

CZECH REPUBLIC Struggling shopping centre developer Plaza Centers has agreed to sell its Liberec Plaza shopping mall in Liberec to an undisclosed buyer for EUR 9.5 mln.

Millionaires on decline worldwide

schedule 03 March 2016
Eurobuild CEE

WORLD The number of wealthy people, meaning those with USD 30 mln or more in net assets, declined by 3 pct last year. There are now around 187,500 the so-called ultra-high-net-worth individuals (UHNWIs) around the world, down from 193,100 in 2014, according to the latest Knight Frank report.

Budimex wins contracts worth PLN 7.1 bln in 2015

schedule 03 March 2016
Aneta Cichla

POLAND Dariusz Blocher, the president of the board of construction company Budimex, has stated that 2015 was a very successful year for the company.

Investment & finance

Audėjas Group sells and buy real estate

schedule 02 March 2016
Anna Pakulniewicz

LITHUANIA Lithuanian upholstery and decorative fabrics producer and furniture retailer Audėjas Group has completed a number of complex inter-related real estate transactions with a total value of more than EUR 11 mln.

Orco sells Marki warehouse property

schedule 02 March 2016

POLAND Orco Property Group has disposed of an industrial and logistics project in Marki near Warsaw.

Investment & finance

Allianz and VGP form EUR 500 mln JV

schedule 02 March 2016
Nathan North
deputy editor

CENTRAL EUROPE Munich-based investor Allianz Real Estate and Brussels-based industrial developer VGP have entered into a 50:50 joint venture with an overall transaction value of EUR 500 mln to purchase Central European projects exclusively owned by VGP.

Investment & finance

Redefine buys 75 pct stake in Echo portfolio

schedule 01 March 2016
Agata Kłapeć

WORLD South African real estate investment trust (REIT) Redefine Properties is acquiring a 75 pct stake in Echo Prime Properties, an Echo Investment subsidiary that controls all 18 of Echo Investment's commercial properties estimated at EUR 1.18 bln, for EUR 362 mln.

C&W: investment volumes heading for another record

schedule 01 March 2016
Rafał Ostrowski
journalist

EUROPE European commercial real estate investment activity is expected to set another historic record this year, according to the latest report by Cushman & Wakefield.

Investment & finance

Griffin targets the student housing market

schedule 01 March 2016
Rafał Ostrowski
journalist

POLAND Griffin Real Estate aims to grow its presence on the Polish private student housing market. In the next three years the company plans to develop a portfolio of 7,000-8,000 dorm rooms.

Investment & finance

Amazon warehouses change hands

schedule 29 February 2016
Tomasz Szpyt-Grzegórski

POLAND A 119,000 sqm Amazon Wrocław warehouse, developed by Panattoni Europe, has been sold off, while another Amazon Polish fulfilment centre is to be sold soon.

Investors optimistic about the future

schedule 26 February 2016
Rafał Ostrowski
journalist

EUROPE Only 7 pct of the surveyed real estate professionals expect their profits to decrease in 2016, according to the “Emerging Trends in Real Estate. Europe 2016” report by PwC and Urban Land Institute.

Global real estate investment likely to increase

schedule 10 January 2016
Rafał Ostrowski
journalist

WORLD Over a half (52 pct) of the 600 investors surveyed by Colliers International is planning to increase real estate fund allocations in 2016, while only 11 pct of the respondents to decrease their investment, according to the “Global Investor Outlook” report.

Veranda gets EUR 25 mln financing

schedule 24 February 2016
Eurobuild CEE

ROMANIA Veranda shopping centre, situated in Bucharest’s Obor area, has secured a EUR 25.5 mln development loan from Raiffeisen Bank and Raiffeisen Bank International.

Centerscape buys four Polish assets

schedule 24 February 2016
Eurobuild CEE

POLAND Centerscape Group has acquired four small retail properties in Chorzów, Prudnik, Rawa Mazowiecka and Trzcianka.

PKP earns over PLN 200 mln selling real estate

schedule 19 February 2016
Tomasz Szpyt-Grzegórski

POLAND The Polish State Railways (PKP) has announced that in 2015 the company carried out 22 projects.

Griffin raises funds for new acquisitions

schedule 19 February 2016
Tomasz Szpyt-Grzegórski

POLAND The Griffin Real Estate Group is aiming to raise PLN 300 mln from a bond issue programme and is planning more acquisitions. Griffin Real Estate is the company issuing the bond.

Edition 11 (293) November 2024

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