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Wrocław retail park changes hands

schedule 24 November 2015
Agata Kłapeć

POLAND The IRUS-owned Futura retail park in Wrocław has been acquired by LaSalle Investment Management on behalf of the Encore+ fund for EUR 27 mln.

Investment & finance

Penta secures land for more Warsaw offices

schedule 24 November 2015
Tomasz Szpyt-Grzegórski

POLAND Central European investment group Penta Investments has purchased a plot from Zakłady Graficzne ‘Dom Słowa Polskiego’, which is in liquidation, at the junction of ul. Pańska and ul. Miedziana in Warsaw.

AFI Properties sees slight income increase

schedule 23 November 2015
Rafał Ostrowski
journalist

EUROPE AFI Properties, the parent company of AFI Europe, has generated EUR 61 mln of operating income in the first nine months of the year, which represented a 2.3 pct y-o-y growth.

Investment & finance

Xcity invites investors to join EUR 630 mln of projects

schedule 23 November 2015
Tomasz Szpyt-Grzegórski

POLAND Polish State Railways’ (PKP) subsidiary Xcity Investment has investors to participate in 15 new projects worth an estimated EUR 630 mln.

Investment & finance

Central European investment doubles

schedule 23 November 2015
Eurobuild CEE

CEE REGION Investment activity in the core Central European markets of Poland, the Czech Republic, Slovakia, Hungary and Romania accelerated significantly in the third quarter, with over EUR 1.8 bln invested, compared to EUR 889 mln in the previous quarter, according to Cushman & Wakefield.

Orion sets up new fund

schedule 23 November 2015
Anna Pakulniewicz

LITHUANIA Orion Asset Management of Vilnius is establishing its fourth real estate fund.

Investment & finance

Vantage receives loan for Warsaw resi project

schedule 23 November 2015
Tomasz Szpyt-Grzegórski

POLAND A subsidiary of Vantage Development has been granted an over PLN 84 mln PKO BP loan for the construction of a residential estate in Warsaw’s Służewiec Przemysłowy district.

Investment & finance

A place in Hel generating interest

schedule 23 November 2015
Tomasz Szpyt-Grzegórski

POLAND The Regional Division of the Military Property Agency in Gdynia positively settled two October tender procedures concerning the sale of a property in Hel at the total price of nearly PLN 11 mln.

Financing for Sandomierz shopping centre secured

schedule 20 November 2015
Tomasz Szpyt-Grzegórski

POLAND Upper Finance Consulting has acquired financing for Antczak Developer concerning the construction of Galeria Królewska in Sandomierz.

Investment & finance

Invesco sells Warsaw office building

schedule 20 November 2015
Tomasz Szpyt-Grzegórski

POLAND Invesco Real Estate has sold the Raiffeisen Business Center office building at ul. Piekna 20 in Warsaw to Griffin Real Estate.

CBRE invests in retail insight

schedule 20 November 2015
Agata Kłapeć

UNITED STATES CBRE Group has acquired Forum Analytics, a US provider of modeling and mapping solutions that help retailers in planning location strategies.

Investment & finance

GTC buys Budapest office project

schedule 19 November 2015
Agata Kłapeć

HUNGARY Warsaw-listed developer GTC has acquired the 31,500 sqm Duna Tower office building in Budapest.

Investment & finance

Ronan Martin on Carrefour’s nine months

schedule 18 November 2015
Aneta Cichla

POLAND “In the first three quarters of 2015, Carrefour has consistently implemented its goals in Poland in each of its formats,” claims Ronan Martin, the vice-president of the board at Carrefour Polska responsible for expansion and shopping centres.

Investment & finance

Warimpex sells two Yekaterinburg hotels

schedule 18 November 2015
Rafał Ostrowski
journalist

RUSSIA Vienna-based real estate investment and development company Warimpex Finanz- und Beteiligungs has sold its 60 pct stake in two hotels at Koltsovo International Airport in Yekaterinburg to a private investor.

Investment & finance

Marriott takes over Starwood hotels for USD 12.2 bln

schedule 16 November 2015
Agata Kłapeć

WORLD Marriott International and Starwood Hotels & Resorts Worldwide have announced that the boards of directors of both companies have unanimously approved a definitive merger agreement. The acquisition will create the world’s largest hotel conglomerate.

Investment & finance

Živnobanka sold to Chinese for EUR 27 mln

schedule 13 November 2015
Nathan North
deputy editor

CZECH REPUBLIC CPI Property Group has finalised the sale of the historic former Živnobanka building in Prague to CEFC China Energy Company Limited.

Investment & finance

PLN 114 mln loan for Bulwar Staromiejski

schedule 12 November 2015
Tomasz Szpyt-Grzegórski

POLAND I2 Development has obtained a loan of PLN 114 mln for the financing of its flagship project – Bulwar Staromiejski in Wrocław.

E-commerce investor disposes of 6,700 ha in Poland

schedule 12 November 2015
Eurobuild CEE

EUROPE Stockholm-based investment group Kinnevik has sold its Polish agricultural business Rolnyvik, which takes up 6,700 ha of land, to an unnamed Polish agricultural company for app. EUR 43 mln.

Investment & finance

Czech fund buys Olbrachtova 9

schedule 12 November 2015
Nathan North
deputy editor

CZECH REPUBLIC The Olbrachtova 9 office building (also known as Raiffeisen Centrum) in Prague 4 has been sold district to a local property fund represented by Mint Investments.

Investment & finance

City Point changes hands

schedule 12 November 2015
Nathan North
deputy editor

CZECH REPUBLIC Triuva Kapitalverwaltungsgesellschaft, formerly IVG Institutional Funds, has completed the sale of City Point – an 8,000 sqm class ‘A’ office building in Pankrác (Prague 4) to a large European institution.

Edition 4 (287) April 2024

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