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Investment & finance

Morgan Stanley consortium buys AEW Budapest portfolio

schedule 05 August 2015
Nathan North
deputy editor

HUNGARY A consortium led by Morgan Stanley Real Estate Investing has purchased a portfolio of properties in Budapest from AEW Europe.

Russian crisis hits Immofinanz

schedule 04 August 2015
Rafał Ostrowski
journalist

EUROPE Immofinanz is expected to see a EUR 361.4 mln loss in its 2014/2015 financial year, compared to a EUR 72 mln profit made last year, according to the company’s preliminary results.

South African investor targets Eastern European malls

schedule 04 August 2015
Agata Kłapeć

SOUTH AFRICA/ CEE REGION South African development and investment holding Atterbury Group has launched a new business that will focus on the shopping centre investments and retail development opportunities in Europe, and particularly the Eastern European region.

Investment & finance

Meyer Bergman wants exclusive ownership

schedule 04 August 2015
Aneta Cichla

POLAND Meyer Bergman, a co-owner of Galeria Katowicka, aims to take over the remaining shares in the mall from Neinver Polska and the Polish State Railways (PKP), its partners in this project.

DTZ-C&W merger awaits EU decision

schedule 04 August 2015
Aneta Cichla

WORLD The European Commission is set to review the application for the approval of DTZ’s acquisition of Cushman & Wakefield by the DTZ agency by August 28th.

Investment & finance

Union Investment acquires Wrocław hotel

schedule 04 August 2015
Eurobuild CEE

POLAND Union Investment has bought the Radisson Blu hotel in Wrocław from its developer UBM Development.

Investment & finance

PZU markets six Polish properties

schedule 03 August 2015
Eurobuild CEE

POLAND Investment fund TFI PZU is putting up for sale four retail properties and two office parks with a total of 68,600 sqm of space.

Investment & finance

100 ha Warszawianka plots put up for sale

schedule 03 August 2015
Eurobuild CEE

POLAND Nieruchomości Orange Polska aims to sell two adjacent properties located on ul. Urocza in Warszawianka in the Lesznowola district near Warsaw.

Robyg to build apartments in Ursus

schedule 03 August 2015
Aneta Cichla

POLAND Development company Robyg has purchased a 5.3-ha plot in Warsaw’s Ursus district to build 980 apartments there.

Investment & finance

Czech bank disposes of Prague offices

schedule 03 August 2015
Eurobuild CEE

CZECH REPUBLIC The ČSOB bank has sold its eight-floor 9,410 sqm gla office building located at Na Pankráci 310/60 in the Prague 4 district to CIMEX.

AXA fund hits EUR 2.9 bln

schedule 03 August 2015
Agata Kłapeć

EUROPE AXA Real Estate Investment Managers has raised EUR 2.9 bln at the final close of its latest pan-European real estate debt fund Commercial Real Estate Senior 9.

Investment & finance

REINO invests in another Skanska project

schedule 03 August 2015
Agata Kłapeć

POLAND Skanska has sold its first office development project in Poznań, Malta House, for EUR 38 mln. The buyer is a joint venture between two investment vehicles managed by the Polish fund manager REINO, REINO Dywidenda 2 FIZ and REINO Dywidenda, and a fund managed by the CEE fund manager Bluehouse Capital.

CBRE sees 11 pct revenue growth

schedule 31 July 2015
Rafał Ostrowski
journalist

WORLD In the first half of the year, the real estate consultancy CBRE has registered a 11 pct y-o-y increase in revenues, to USD 4.4 bln.

Acciona explores options including sale

schedule 30 July 2015
Agata Kłapeć

WORLD Spanish construction, energy and development group Acciona is seeking for opportunities to monetize its real estate business, Acciona Inmobiliaria, through an IPO or a strategic partnership.

Investment & finance

ECE shopping mall fund makes first purchase

schedule 30 July 2015
Eurobuild CEE

EUROPE The ECE European Prime Shopping Centre Fund II has acquired the Stern-Center shopping mall in Lüdenscheid in the German state of North-Rhine Westphalia. The property is the first shopping center in the fund’s portfolio.

More than PLN 4 bln secured for affordable housing

schedule 30 July 2015
Aneta Cichla

POLAND The governmental financing programme for affordable housing is most likely to be launched this year. The Polish parliament has adopted a draft of the amendment to the act on some forms of residential construction support.

Investment & finance

‘Emilka’ building put up for sale

schedule 29 July 2015
Aneta Cichla

POLAND Griffin Real Estate, the owner of the iconic Emilia building on ul. Emilii Plater in Warsaw, is putting the structure on sale. The investor has already started the tendering procedure, raising more questions about the building’s future demolition.

Investment & finance

3,200 ha land sale transaction signed

schedule 29 July 2015
Eurobuild CEE

POLAND Agro Brusno has sold a total of 3,200 ha of agricultural land plots spread across several boroughs around Połczyn-Zdrój in Poland’s West Pomeranian province to an unnamed buyer.

Investment & finance

Invesco disposes of Czech mall

schedule 27 July 2015
Agata Kłapeć

CZECH REPUBLIC Invesco Real Estate has sold off its app. 18,000 sqm Varyada shopping centre in Karlovy Vary to European Property Group, which plans on enlarging the asset nearly twofold.

JHM Development buys land for 120-flat project

schedule 24 July 2015
Aneta Cichla

POLAND JHM Development, a Mirbud subsidiary, has signed a preliminary conditional purchase agreement for an app. 6,600 sqm investment plot located on ul. Reymonta in Skierniewice. The contract is to be ultimately concluded by the end of September.

Edition 4 (287) April 2024

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