Investment & finance

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Investment & finance

CTP expands to Hungary

schedule 07 January 2016
Eurobuild CEE

HUNGARY Warehouse developer CTP has purchased a portfolio of two 40,500 sqm Hungarian properties. They are the company’s first buys in the country.

LSR to develop EUR 1.8 bln project

schedule 05 January 2016
Rafał Ostrowski
journalist

RUSSIA Razvitie, a joint venture of LSR Group and AFK Sistema, has won the tender for the redevelopment rights of 109.9 ha in the southern part of the former ZiL plant in Moscow.

Gazit-Globe raises USD 155 mln

schedule 05 January 2016
Rafał Ostrowski
journalist

WORLD International real estate company Gazit-Globe has raised app. USD 155 mln from a flotation of 17 mln shares on the Tel Aviv Stock Exchange. The offer closed at the end of December at NIS 35.5 per share (app. USD 9.1).

Investment & finance

Atterbury buys into EUR 259 mln portfolio

schedule 04 January 2016
Eurobuild CEE

SERBIA Atterbury Europe together with Attacq Limited have acquired a one-third stake in a EUR 259 mln gross asset value portfolio of seven Serbian shopping centres with MPC Properties – including the country’s largest mall, Ušće Shopping Centre in Belgrade.

Investment & finance

Green Court acquisition finalized

schedule 04 January 2016
Agata Kłapeć

ROMANIA Guernsey-registered investment company Globalworth has closed the app. EUR 45 mln acquisition of Skanska’s Green Court Building B in Bucharest.

Investment & finance

GTC takes over Pixel

schedule 23 December 2015
Rafał Ostrowski
journalist

POLAND GTC has signed a preliminary purchase agreement on the Pixel office building in Poznań.

Investment & finance

More homes for seniors

schedule 22 December 2015
Aneta Cichla

POLAND Angel Poland Group, the developer of the elderly care home project Angel Care, which is currently being carried out in Wrocław, and the senior care homes operator MD Nursing aim to jointly develop ten new projects of this kind in Poland in the next five years.

Investment & finance

W. P. Carey acquires Służewiec building

schedule 22 December 2015
Agata Kłapeć

POLAND CPA:17 – Global, a non-traded REIT managed by W. P. Carey, has acquired the app. 22,600 sqm new headquarters of Polkomtel’s Plus mobile network in Warsaw’s Służewiec district.

Investment & finance

HB Reavis sells Slovakia building to Erste fund

schedule 18 December 2015
Nathan North
managing editor

SLOVAKIA HB Reavis has sold the Forum Business Center I building (‘Forum BC I’) in Bratislava. The office development at the junction of Bajkalská and Prievozská streets - the headquarters of Slovak Telekom since 2013 – has been purchased by ČS Nemovitostní Fond for EUR 46.2 mln.

Investment & finance

Skanska to erect mixed-use complex in Poznań

schedule 18 December 2015
Tomasz Szpyt-Grzegórski

POLAND Skanska and PKS Poznań have signed a PLN 63.5 mln preliminary agreement on the purchase of the former bus station located at the junction of ul. Matyi and ul. Wierzbięcice in central Poznań.

Asian investment into European hotels up 400 pct

schedule 16 December 2015
Eurobuild CEE

EUROPE A total of EUR 1.6 bln of Asian capital has powered the European hotel sector this year as a result of the increased liquidity and a low cost of capital, informs CBRE.

Archicom improves sales

schedule 15 December 2015
Tomasz Szpyt-Grzegórski

POLAND This year until the end of November, Archicom group sold 571 apartments (presales contracts) compared to 479 apartments over the same period in 2014.

Robyg buys another Gdańsk plot

schedule 15 December 2015
Aneta Cichla

POLAND A subsidiary of Robyg has purchased another plot in Gdańsk. This time the company has bought 1.8 ha in Wrzeszcz district for PLN 22.5 mln.

Rank Progress sells Mielec plot to Leroy Merlin

schedule 15 December 2015
Tomasz Szpyt-Grzegórski

POLAND Retail developer Rank Progress has sold an almost 3 ha parcel adjacent to the Aviator shopping centre, which is under construction in Mielec.

BIK’s IPO prospectus approved

schedule 11 December 2015
Aneta Cichla

POLAND Poland’s Financial Supervision Authority has approved the IPO prospectus of Biuro Inwestycji Kapitałowych (BIK). Its planned public offer will involve the issue of shares as well as the sale of some shares by the company’s current shareholders.

Gramercy buys two EUR 45 mln Polish assets

schedule 14 December 2015
Eurobuild CEE

EUROPE US-based Gramercy Property Europe investment fund has acquired two Polish logistics facilities with 99,360 sqm of space in total. Located in Stryków and Piaseczno, the assets were acquired in a EUR 45.1 mln sale and lease back transaction with Raben Group.

Investment & finance

Accor takes over 155 luxury hotels

schedule 10 December 2015
Agata Kłapeć

WORLD AccorHotels is set to buy 155 high-end hotels and resorts operated by the Canada-based Gulf-financed FRHI Holdings for app. USD 2.9 bln. The portfolio, which is comprised of the Fairmont, Raffles, and Swissôtel brands, includes such landmark sites as The Savoy in London, The Plaza Hotel in New York and Shanghai’s Fairmont Peace Hotel. It also embraces six CEE properties.

Investment offensive from Whirlpool

schedule 09 December 2015
Eurobuild CEE

POLAND Whirlpool is planning to invest EU 235 mln (almost PLN 1 bln) in Poland over 2016 and 2017.

Investment & finance

Record loan for Echo Investment

schedule 08 December 2015
Ewa Andrzejewska

POLAND Echo Investment has signed a loan agreement with a bank consortium consisting of BZ WBK and Erste Group Bank for a EUR 342 mln loan and an additional PLN 15 mln for two retail projects: Pasaż Grunwaldzki in Wrocław and Galaxy in Szczecin.

Investment & finance

Obi adds 70 locations to store portfolio

schedule 08 December 2015

EUROPE The European Commission has agreed for the German home improvement retailer Obi to take over 68 of the 105 stores run by its struggling Austrian competitor Baumax in Central Europe.

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Edition 4 (297) April 2025

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