Investment & finance

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Slow Q1 on the investment market

schedule 01 June 2016
Eurobuild CEE

EUROPE European investment activity fell by 14 pct y-o-y to EUR 45.6 bln in the first quarter of the year, according to Cushman & Wakefield’s latest market report.

Investment & finance

Valad sells Błonie park to P3

schedule 01 June 2016
Nathan North
managing editor (English section)

POLAND Valad Europe has completed the sale of Blonie Business Park outside Warsaw to P3 Logistic Parks.

Starwood acquisition under EU scrutiny

schedule 01 June 2016
Tomasz Szpyt-Grzegórski

WORLD The European Commission is to evaluate the acquisition of Starwood Hotels & Resorts by the Marriott group.

Investment & finance

Smyk finally in Bridgepoint’s hands

schedule 31 May 2016
Tomasz Szpyt-Grzegórski

POLAND Empik Media & Fashion has finalised the sale of Smyk to UK private equity group Bridgepoint.

Investment & finance

Pramerica changes name

schedule 31 May 2016
Tomasz Szpyt-Grzegórski

WORLD Pramerica Real Estate Investors is now operating under the name of PGIM Real Estate across all markets.

HB Reavis raises EUR 46 mln in bond issue

schedule 31 May 2016
Nathan North
managing editor (English section)

CZECH REPUBLIC Slovakian developer HB Reavis has announced the completion of its first unsecured EUR 46.2 mln (CZK 1.25 bln) bond issue on the Prague Stock Exchange.

I2 after the debut

schedule 30 May 2016
Eurobuild CEE

POLAND Wrocław-based residential developer I2 Development has listed on the Warsaw Stock Exchange today.

Prosta Tower up for sale

schedule 30 May 2016
Tomasz Szpyt-Grzegórski

POLAND Marvipol is negotiating the sale of Prosta Tower in Warsaw to a unnamed buyer that has exclusive purchasing rights to the property.

Investment & finance

Saller sells plot to Bricomarché

schedule 30 May 2016
Aneta Cichla

POLAND The Saller group, the investor and developer of a retail park project on ul. Południowa in Sulechów near Zielona Góra, has sold a neighbouring plot to Bricomarché.

Deka Immobilien opens Warsaw branch

schedule 30 May 2016
Eurobuild CEE

POLAND Deka Immobilien has opened its first local office in Central and Eastern Europe. Its Warsaw office will be operated by two people, Łukasz Laskowski and Daniel Pater.

Investment & finance

Three new investors buy into Echo

schedule 30 May 2016
Tomasz Szpyt-Grzegórski

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

Investment & finance

Caerus buys Cubus

schedule 30 May 2016
Nathan North
managing editor (English section)

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.

Investment & finance

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

schedule 30 May 2016
Nathan North
managing editor (English section)

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.

Investment & finance

AFI increases income by over 200 pct

schedule 27 May 2016
Rafał Ostrowski
journalist

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

schedule 27 May 2016
Tomasz Szpyt-Grzegórski

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

Investment & finance

Hollybrook selling land bank

schedule 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

schedule 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

schedule 20 May 2016

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

Investment & finance

Griffin finances extension of Tarnovia

schedule 19 May 2016
Tomasz Szpyt-Grzegórski

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

Investment & finance

Koreans can buy Amazon shed in Poznań

schedule 19 May 2016
Tomasz Szpyt-Grzegórski

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.

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