Investment & finance

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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
managing editor (English section)

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
managing editor (English section)

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
managing editor (English section)

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.

Aareal Bank raises its full year forecast

schedule 12 November 2015
Rafał Ostrowski
journalist

EUROPE Aareal Bank Group has raised the forecast of its results for 2015, which give a projected consolidated operating profit of between EUR 450 mln and EUR 460 mln instead of EUR 400 mln to EUR 430 mln as previously predicted.

Investment & finance

Globalworth buys another Green Court building

schedule 10 November 2015
Agata Kłapeć

ROMANIA Skanska Romania has sold an office building which forms part of the three-building Green Court Bucharest complex to the Guernsey-registered investment company Globalworth for EUR 47 mln.

Investment & finance

Three successful quarters for Ronson

schedule 10 November 2015
Aneta Cichla

POLAND In the first three quarters of 2015, Ronson Europe sold 658 apartments – 16 pct more than in the same period last year, when 565 apartments found buyers.

Synergy Finance to launch latest fund

schedule 12 November 2015
Anna Pakulniewicz

LITHUANIA Synergy Finance is to set up another fund to invest in commercial real estate.

Investment & finance

Germans given consent for Stary Browar

schedule 10 November 2015
Tomasz Szpyt-Grzegórski

POLAND RREEF Investment, which is owned by Deutsche Bank, has been given the go-ahead for the acquisition of the Stary Browar shopping centre in Poznań by the Office of Competition and Consumer Protection (UOKiK).

Investment & finance

30 football pitches for development

schedule 09 November 2015
Aneta Cichla

POLAND An economic zone with an area equalling 30 football pitches has been opened on ul. Dąbrowa Miejska in Bytom.

Investment & finance

Pekao provides loan for Warsaw Sheraton acquisition

schedule 10 November 2015

POLAND Pekao bank has provided the finance for the acquisition of the five-star Sheraton Warsaw hotel. Lawyers from the banking and finance team of the Dentons law office advised the bank for the loan, which was closed on October 28th 2015.

Investment & finance

Valad logistics fund to change hands?

schedule 10 November 2015
Aneta Cichla

CEE REGION The Central European Industrial Fund (CEIF), which is managed by Valad Europe and Aviva Investors, could see a change of ownership.

Central European investment doubles

schedule 10 November 2015

CE 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.

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Edition 9 (301) September 2025

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