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Investment & finance

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CEE investment volumes hit EUR 7.37 bln

schedule 19 February 2016
Eurobuild CEE

CEE REGION According to Cushman & Wakefield, investment activity in the major CEE markets, namely in Poland, the Czech Republic, Slovakia, Hungary and Romania, has increased to EUR 3.16 bln in Q4 2015, surpassing the pre-crisis 2006 levels.

Colliers acquires property management specialist

schedule 19 February 2016

EUROPE/ NETHERLANDS Colliers International has acquired the Netherlands-based property and asset management company WPM Groep.

Military hotel group privatisation halted

schedule 16 February 2016
Tomasz Szpyt-Grzegórski

POLAND The Polish state treasury has suspended the privatisation process of Grupa Hoteli WAM – a hotel network owned by the AMW (Military Property Agency).

Consolidation time for property firms

schedule 15 February 2016

WORLD CBRE is currently conducting negotiations over the acquisition of a Billfinger Real Estate-owned advisory GVA, while it might also want to take over some other Bilfinger real estate units, informs PropertyWeek.com.

Investment & finance

South Africans buy two malls for EUR 200 mln

schedule 15 February 2016
Nathan North
deputy editor

SERBIA/MONTENEGRO South African shopping centre REIT Hyprop Investments has acquired a 60 pct stake in Serbian mall Delta City Belgrade purchased from Delta Real Estate Group (Delta), and Montenegrin mall, Delta City Podgorica, purchased from Hemslade Trading Limited Cyprus (Hemslade) and Delta. Homestead Group Holdings Limited, a company associated with Louis Norval, a non-executive director of Hyprop, has acquired the remaining 40 pct of both shopping centres.

Skanska maintains momentum in CEE

schedule 15 February 2016
Rafał Ostrowski
journalist

CEE REGION Skanska completed the sale of eleven office buildings in three CEE countries in 2015, achieving a total transaction volume of almost EUR 500 mln for the year.

Polish real estate set for another good year

schedule 12 February 2016
Eurobuild CEE

POLAND An increasing number of investors entering Poland, almost 1 mln sqm of office space planned for delivery, and a rising supply of hotel facilities – are just some these are among the predictions made by Colliers International for Polish the real estate market in 2016, in its latest Market Insights report.

Half of Erbud’s profits could be paid in dividends

schedule 11 February 2016
Eurobuild CEE

POLAND After its application has been assessed by the supervisory board, the management board of Erbud will recommend a dividend ranging from 30 to 50 pct of the net financial result generated in the previous financial year at a company general meeting.

Investment & finance

Atrium sells ten Czech retail centres

schedule 11 February 2016
Nathan North
deputy editor

CZECH REPUBLIC Atrium European Real Estate has completed the sale of a portfolio of ten retail assets in the Czech Republic to a private client account managed by Palmer Capital for EUR 102.6 mln.

Investment & finance

E.Leclerc buys Aviator mall

schedule 10 February 2016
Tomasz Szpyt-Grzegórski

POLAND Pergranso, a subsidiary of the SOFILEC group (the owner of the E.Leclerc grocery chain), has acquired the Galeria Aviator shopping centre project which is currently being developed in Mielec.

Investment & finance

Kotva sold for EUR 80 mln

schedule 10 February 2016
Nathan North
deputy editor

CZECH REPUBLIC The Kotva department store on Naměstí Republiky in central Prague has been bought by Pražská Správa Nemovitostí, a company owned by property magnate Václav Skala – according to E15.

Foreign investment hits historic lows

schedule 09 February 2016
Rafał Ostrowski
journalist

RUSSIA In 2015 foreign investment in commercial real estate in Russia amounted to USD 540 mln, according to research by Knight Frank.

Slovakian investment reaches EUR 412 mln in 2015 – JLL

schedule 09 February 2016
Nathan North
deputy editor

SLOVAKIA The total investment volume for Slovakian real estate in 2015 came to app. EUR 412 mln, according to research by JLL.

Investment & finance

IKEA to develop another Russian mall

schedule 09 February 2016
Eurobuild CEE

RUSSIA IKEA Centres Russia has acquired a 40 ha land plot in the Sosnovskiy district located within the Chelyabinsk region where it plans on developing a new Mega-branded shopping centre.

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.

Edition 11 (293) November 2024

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