Investment & finance

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Investors and occupiers in gloomy mood

schedule 30 September 2015
Eurobuild CEE

POLAND The oversupply of space is weighing upon occupier and investment sentiment despite the economic strength of the country, according to the latest Poland Commercial Property Monitor for Q2 2015 by the RICS.

Investment & finance

New Panorama for Mint Investment

schedule 29 September 2015
Nathan North
managing editor (English section)

CZECH REPUBLIC Deka Immobilien has sold the Panorama Business Center in Prague 2 to local property group Mint Investment for around EUR 15 mln.

Investment & finance

Złote Tarasy acquisition under further examination

schedule 25 September 2015
Tomasz Szpyt-Grzegórski

POLAND Polish Office of Competition and Consumer Protection has decided to extend the ongoing procedure concerning the ZT General Partner and Warsaw III takeover by Unibail Rodamco by up to four months. ZT General Partner and Warsaw III hold rights for Warsaw's Złote Tarasy.

Investment & finance

Finnish player comes to Poland

schedule 23 September 2015
Tomasz Szpyt-Grzegórski

POLAND YIT group, one of the largest European developers, plans on debuting on the Warsaw residential market.

Investment & finance

Warimpex develops new Łódź project

schedule 23 September 2015
Eurobuild CEE

POLAND Warimpex has concluded an agreement with the city of Łódź on the sale of a land plot located near the junction of ul. Zachodnia and ul. Ogrodowa. The Vienna-based developer aims to erect a 29,000 sqm office building there.

Investment & finance

CTP grows Slovak presence

schedule 24 September 2015
Agata Kłapeć

SLOVAKIA CTP has purchased DNV Logistics Park, a 87,000 sqm warehouse and industrial property in the Bratislava area, from three co-owners: Aviva Investors, J&T Real Estate and SachsenFonds Asset Management.

Investment & finance

Strabag to make profit in Romania

schedule 23 September 2015
Anna Pakulniewicz

ROMANIA Strabag has taken over the Bucharest-based development team of Raiffeisen to start operations on the Romanian market.

Investment & finance

Inditex expands, revamps store portfolio

schedule 22 September 2015
Agata Kłapeć

WORLD In the first half of its 2015 financial year, the multi-format Spanish fashion retailer Inditex has opened 94 new stores across 35 markets, increasing the total store count to 6,777 locations in 88 countries.

Bumpy Immofinanz-CA Immo relationship continues

schedule 22 September 2015
Agata Kłapeć

EUROPE Vienna-based developer Immofinanz aims to sell its 1 mln sqm logistics portfolio to a sole buyer. The company also does not rule out merging with its Austrian competitor and minority shareholder CA Immo, Immofinanz’s CEO, Oliver Schumy, said in an interview given to the Austrian daily Wirtschaftsblatt.

Investment & finance

CBRE GI buys another chunk of Warsaw logistics project

schedule 21 September 2015
Rafał Ostrowski
journalist

POLAND CBRE Global Investors has acquired the second stage of the Ideal Idea Logistics Park in Warsaw from an investment fund managed by BPH Towarzystwo Funduszy Inwestycyjnych.

PNK sells warehouse parks

schedule 21 September 2015
Rafał Ostrowski
journalist

RUSSIA Russian Direct Investment Fund and the Abu Dhabi government-owned Mubadala fund are in talks with the Russian developer PNK as they aim to purchase the PNK-Chekhov 3 and PNK-Severnoye Sheremetyevo logistic parks near Moscow, according to the Russian daily Kommersant.

Investment & finance

UBM becomes Poleczki Business Park’s sole owner

schedule 21 September 2015
Agata Kłapeć

POLAND Austrian real estate investor CA Immo has sold its 50 pct share in the Poleczki Business Park office complex, which is currently being developed at the junction of ul. Poleczki and ul. Hołubcowa near the Okęcie Airport in Warsaw, to UBM, the owner of the remaining stake in the property.

Investment & finance

New projects by the Palace of Culture to finally start?

schedule 18 September 2015
Tomasz Szpyt-Grzegórski

POLAND Warsaw’s City Hall and the Polish State Railways (PKP) are set to sign an agreement on the use of plots located in the very city centre of Warsaw soon.

Investment & finance

BaltCap buys BPT

schedule 03 September 2015
Tomasz Szpyt-Grzegórski

EUROPE A private equity fund owned by BaltCap, an investment fund from the Baltics region, has acquired BPT Real Estate, a regional commercial property manager.

PKP sees successful H1

schedule 27 August 2015

POLAND The construction of new projects, plans for new ones, the modernization of existing stations, a record property sales and proposals for cost-cutting and improving the company’s reputation – all these activities dominated the Polish State Railways development operations in 2015.

Investment & finance

Porr now has two faces

schedule 26 August 2015
Anna Pakulniewicz

POLAND Bilfinger Infrastructure, which was taken over by Porr, has become the second Polish company of Porr. And it has ambitious development plans as the two companies will not merge.

Investment & finance

B&B Wrocław Centrum refinanced

schedule 07 September 2015
Aneta Cichla

POLAND B&B Hotel Polska and MLeasing have entered into a sale-and-leaseback agreement on the B&B Wrocław Centrum hotel.

Investment & finance

PHN restructuring bears fruits

schedule 18 September 2015
Anna Pakulniewicz

POLAND In H1 2015 Polski Holding Nieruchomości (PHN) has seen its profit increasing to PLN 29.2 mln, while the company’s revenues decreased.

Investment & finance

Multi-channel IKEA on the green

schedule 18 September 2015
Agata Kłapeć

WORLD In the 2015 financial year IKEA Group’s total sales reached EUR 31.9 bln, an 11.2 pct y-o-y boost, exclusive of a foreign exchange impact.

European investment volumes to hit EUR 230 bln

schedule 17 September 2015
Agata Kłapeć

EUROPE In H1 2015 European real estate transaction volumes have reached EUR 104.9 bln, a 29 y-o-y increase, according to Knight Frank.

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