Investment &amp; finance

POLAND South African fund Pivotal is to acquire from Redefine a 6 pct share in the Echo Prime Properties (EPP) platform.

Nathan North
managing editor (English section)

Caerus buys Cubus

30 May 2016

SLOVAKIA UK-based Caerus Investment Management has acquired the Cubus office building in central Bratislava from Savills Investment Management on behalf of a private separate account client.

Nathan North
managing editor (English section)

French pension fund buys Prague high street property for EUR 80 mln

30 May 2016

CZECH REPUBLIC LaSalle Investment Management has made its first acquisition in the Czech Republic on behalf of French public service additional pension scheme ERAFP, by purchasing the buildings at Na Příkopě 23, 25 and 27 in central Prague from a private owner for app. EUR 80 mln.

Rafał Ostrowski
journalist

AFI increases income by over 200 pct

27 May 2016

EUROPE In the first quarter of the year, AFI Properties, the parent company of AFI Europe, registered EUR 20 mln of net operating income, representing a 251 pct increase compared to Q1 2015.

AEW and Natixis raise EUR 162 mln

27 May 2016

EUROPE AEW Europe and Natixis Asset Management have raised EUR 162 mln for their Senior European Loan Fund II (SELF II).

Hollybrook selling land bank

27 May 2016

Eurobuild CEE

POLAND Leach & Lang together with JLL have been exclusively mandated by Hollybrook Polska to seek buyers for its portfolio in Poland.

Technopolis Ülemiste obtains EUR 46 mln loan

25 May 2016

Anna Pakulniewicz

ESTONIA Technopolis Ülemiste – the developer of the Ülemiste City office project – and Swedbank have concluded a EUR 46,220,221 loan agreement to refinance existing loans.

HB Reavis buys 32,000 sqm project

20 May 2016

HUNGARY HB Reavis has acquired the BEM Palace office project in Budapest’s Buda district from Europa Property Fund.

Griffin finances extension of Tarnovia

POLAND Griffin Property Finance II has provided mezzanine financing of EUR 10 mln for the extension of the Tarnovia shopping centre in Tarnów.

Koreans can buy Amazon shed in Poznań

POLAND The Office of Competition and Consumer Protection (UOKiK) has consented to the takeover of Amazon Fulfillment Poznań by GLL Hana Private Real Estate Poznan Holding.

WSE not for BIK for now

POLAND Biuro Inwestycji Kapitałowych (BIK) and Belancor (the seller) have opted to suspend their public offer.

Unibail-Rodamco gives up on Złote Tarasy purchase

POLAND Unibail-Rodamco has pulled out of plans to take over ZT General Partner and Warsaw III, which owns the Złote Tarasy shopping centre in the Polish capital – according to the Office of Competition and Consumer Protection (UOKiK).

Wrocław University of Economics announces winner

Katarzyna Suska

POLSKA The Wrocław University of Economics has chosen the bid by local firm AKBiK in a tender for the reconstruction of academic building ‘Z’.

Minilaod opts for crowdfunding

Anna Pakulniewicz

ESTONIA Mini-Holding, which is involved in the self-storage business in Tallinn through its 100 pct subsidiary Minilaod, has started a crowdfunding campaign to offer securities of up to EUR 100,000.

Echo secures PLN 820 mln loan

Anna Pakulniewicz

POLAND Echo Investment has obtained an investment loan worth more than PLN 820 mln from Helaba – Landesbank Hessen-Thüringen for the refinancing of seven retail projects.

Atal secures loans for two estates

POLAND The Cieszyn-based developer has acquired financing for the first stage of the Pomorska Park estate in Łódź and Atal Residence Zabłocie in Kraków.

Jakubas buys land from Hajdarowicz

POLAND A subsidiary of Centrum Nowoczesnych Technologii is buying a 5.4 ha plot in Kraków from KCI.

Robyg buys Wola plot

16 May 2016

POLAND The development company purchased a plot for an estate which is to include app. 800 apartments at ul. Jana Kazimierza 46/54 in Warsaw’s Wola district.

Esotiq & Henderson divided

16 May 2016

Katarzyna Suska

POLAND Clothing and cosmetics producer Esotiq & Henderson is to be divided into separate entities. division is to take place by way of transferring fashion segment assets corresponding to a newly-established company.