Investment & finance

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Investment & finance

PRCH joins EPF

schedule 10 November 2015
Nathan North
managing editor (English section)

POLAND The Polish Council of Shopping Centres (Polska Rada Centrów Handlowych – or PRCH) has joined the European Property Federation (EPF).

Yareal buys plot from Polish Post

schedule 09 November 2015
Tomasz Szpyt-Grzegórski

POLAND French developer Yareal has bought a plot of over 1.5 ha including some buildings from the Polish Post [Polska Poczta] in Warsaw’s Praga district.

Investment & finance

Griffin and Starwood set to join Skanska as Westin owners

schedule 09 November 2015
Tomasz Szpyt-Grzegórski

POLAND Griffin and Starwood could be forming a joint venture with Skanska (the present owner), to take over the Westin hotel in Warsaw.

Investment & finance

J&T “acquires part of Klingerka”

schedule 06 November 2015
Nathan North
managing editor (English section)

SLOVAKIA J&T Real Estate has bought part of the Klingerka project in Bratislava from Koruna Reality, according to Reality.Trend.sk.

Investment & finance

GLL “buys Floreasca Park”

schedule 06 November 2015
Nathan North
managing editor (English section)

ROMANIA The acquisition by German investment fund GLL Real Estate Partners of the Floreasca Park office building from Portland Trust, in a transaction of worth almost EUR 100 mln, has been approved by the Romanian competition authorities, according to Profit.ro.

Investment & finance

Orbis investing and expanding

schedule 03 November 2015
Aneta Cichla

POLAND Over the next three years the Orbis hotel group is to expand with another 21 hotels operating on the basis of franchise and management agreements as well as three own hotels which are currently under construction. In Q3 of this year the company opened five new facilities, which operate on a franchise basis. These include hotels in Poland, Romania and Lithuania.

Strongest H1 since crunch

schedule 02 November 2015
Rafał Ostrowski
journalist

WORLD Global commercial real estate investment reached USD 407 bln in the first half of the year, the strongest first half since 2007, according to the latest research from global property advisor CBRE Group.

Investment & finance

Hotel Moskva sold

schedule 02 November 2015
Rafał Ostrowski
journalist

RUSSIA Russian multimillionaire Suleyman Kerimov has sold The Four Seasons Hotel near Red Square in Moscow to two businessmen, Yuri and Alexey Khotyn, according to Russian daily RBK.

Investment & finance

Skanska sells Corso Court to Invesco

schedule 02 November 2015
Agata Kłapeć

CZECH REPUBLIC Swedish developer Skanska has sold its 17,200 sqm gla Corso Court building in Prague to the investment fund manager Invesco Real Estate for EUR 55 mln.

Investment & finance

Immofinanz sells EUR 536 mln warehouse portfolio to Blackstone

schedule 02 November 2015
Nathan North
managing editor (English section)

EUROPE Immofinanz has signed a contract to sell its entire logistics portfolio to Blackstone.

Orion sets up new fund

schedule 30 October 2015
Anna Pakulniewicz

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

Investment & finance

Victoria sold off

schedule 29 October 2015
Agata Kłapeć

ROMANIA Private equity real estate investment company Bluehouse has sold the 8,300 gla sqm Victoria office building in Bucharest to GLL Real Estate Partners, a German-based asset management firm for about EUR 27 mln.

Colliers sees another strong quarter

schedule 29 October 2015
Rafał Ostrowski
journalist

WORLD In the third quarter of 2015 Colliers International Group recorded a 13 pct y-o-y increase in revenues, to over USD 420 mln.

Fosun enters Russian market

schedule 29 October 2015
Rafał Ostrowski
journalist

RUSSIA Chinese investment conglomerate Fosun has set up the Fosun Eurasia Capital company, which will be its new financial arm in Russia and neighbouring countries.

Investment & finance

Zabrze shopping centre changes hands

schedule 28 October 2015
Tomasz Szpyt-Grzegórski

POLAND Rockcastle-owned Bergamot has purchased the Platan shopping centre in Zabrze from IVG Institutional Funds for EUR 51.84 mln, which represents an initial yield of 6.9 pct.

Investment & finance

PHN sells two buildings

schedule 27 October 2015
Aneta Cichla

POLAND Polski Holding Nieruchomości (PHN) has signed preliminary agreements on the sale of two buildings in Warsaw’s Saska Kępa area.

Investment & finance

Erbud signs Echo deal

schedule 27 October 2015
Tomasz Szpyt-Grzegórski

POLAND Erbud will build the first stage of the Dom Pod Wilgą residential estate in Kraków.

Vantage gets loan for Warsaw resi project

schedule 27 October 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

SPX Flow shifts production to Poland

schedule 27 October 2015
Agata Kłapeć

EUROPE US-based manufacturer of engineered flow components, process equipment and turn-key systems SPX Flow is set to open an app. 27,800 sqm production facility in Poland’s Bydgoszcz in 2016.

Investment & finance

Vatican approves Warsaw tower

schedule 27 October 2015
Tomasz Szpyt-Grzegórski

POLAND Archdiocese of Warsaw and the St Barbara parish in central Warsaw have been given permission to take part in a development SPV. As part of the venture, a 170m office skyscraper is planned to be built at the heart of the city centre.

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Edition 9 (301) September 2025

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