Investment & finance

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Investment & finance

Mayland finds buyer for Gdynia’s Riviera

schedule 16 July 2015
Aneta Cichla

POLAND Foncière Euris and Rallye have signed a preliminary agreement with Union Investment Real Estate on the sale of the Riviera shopping mall in Gdynia.

Investment & finance

ING finances Neinver-TH Real Estate JV

schedule 16 July 2015
Nathan North
managing editor

POLAND ING has underwritten a five-year EUR 80 mln senior term loan facility and an ancillary PLN 120 mln VAT loan to finance a joint venture between TH Real Estate and Neinver.

Improved sales results for Inpro

schedule 14 July 2015
Aneta Cichla

POLAND Residential developer Inpro has published its sales results for H1 2015.

Investment & finance

Tristan newest fund raises EUR 1.5 bln

schedule 16 July 2015
Agata Kłapeć

EUROPE London-based property fund manager Tristan Capital Partners has seen the fastest capital raising in the company’s six-year history as its fundraising hard cap hit EUR 1.5 bln for the EPISO 4 value-add fund in "just four months of marketing."

Investment & finance

Praga Południe property to be revamped

schedule 15 July 2015
Eurobuild CEE

POLAND Polish tenement house revitalization company 2C Partners has bought a 595 sqm residential building located at ul. Mińska 14 in Warsaw’s Praga Południe district.

AFI buys 4 ha Braşov site

schedule 14 July 2015
Agata Kłapeć

ROMANIA AFI Europe is acquiring a 4 ha plot in central Braşov, where it plans to develop a 45,000 sqm gla shopping centre and an 11,000 sqm office building.

Five parties interested in Hoteli WAM

schedule 10 July 2015
Aneta Cichla

POLAND Five companies have submitted preliminary offers for the purchase of shares in Hotele WAM from the Polish state.

Investment & finance

Prima Park Marki stays in Kleba Invest portfolio

schedule 09 July 2015
Aneta Cichla

POLAND Kleba Invest, the developer of Prima Park retail park chain, has failed to reach a final agreement with a European investment fund for the sale of Prima Park Marki.

Investment & finance

CA Immo buys out joint portfolio with EBRD for EUR 500 mln

schedule 10 July 2015
Rafał Ostrowski
journalist

EUROPE Property Group CA Immo has bought out the remaining 35 pct share of a portfolio of offices located in Central and Eastern Europe for EUR 60 mln from its joint venture partner the European Bank for Reconstruction and Development (EBRD).

BIN Group to invest USD 1.2 bln in Skolkovo

schedule 10 July 2015
Rafał Ostrowski
journalist

RUSSIA Over the next five years, BIN Group, which is owned by the billionaire Shishkhanov and Gutseriev families, is planning to invest app. USD 1.2 bln in the development of 700,000 sqm of real estate in Skolkovo near Moscow.

PZU provides mortgage security for Warsaw Breweries

schedule 10 July 2015
Tomasz Szpyt-Grzegórski

POLAND PZU has established mortgages for the plots of the former Warsaw Breweries (Browary Warszawskie).

Investment & finance

Mitiska buys Młyn Retail Park

schedule 10 July 2015
Nathan North
managing editor

POLAND Helical Poland has sold the Młyn Retail Park in Wroclaw to Belgian fund Mitiska REIM.

Investment & finance

Europa buys Hadovka on Evropska

schedule 10 July 2015
Nathan North
managing editor

CZECH REPUBLIC Europa Capital has completed the acquisition of Hadovka Office Park in Prague 6 for its pan-European investment fund, Europa Fund IV for EUR 43 mln.

Slow H1 on the investment market

schedule 09 July 2015
Rafał Ostrowski
journalist

POLAND Investment volumes on the Central and Eastern European property market (excluding Russia) reached EUR 2.73 bln in the first half of the year, 8 pct down compared to 2.97 bln in H1 2014, according to the ‘Marketview’ report by CBRE.

Investment & finance

Business Park Sofia signs refinancing deal

schedule 09 July 2015
Agata Kłapeć

BULGARIA UniCredit Bank Austria and UniCredit Bulbank have jointly provided a EUR 103.3 mln loan to refinance the 116,000 sqm gla Business Park Sofia (BPS) complex.

Polnord improves sales

schedule 08 July 2015
Tomasz Szpyt-Grzegórski

POLAND In H1 2015 Polnord has sold a total of 833 apartments, a significant increase compared to H1 2014 when the developer sold 625 apartments.

Investment & finance

TH Real Estate completes Neinver transaction

schedule 03 July 2015
Tomasz Szpyt-Grzegórski

POLAND TH Real Estate, acting on behalf of TIAA-CREF, has finalized the app. EUR 60 mln acquisition of 50 pct of shares in Neinver’s three retail properties.

BNP decreases its share in Klépierre

schedule 14 May 2015
Agata Kłapeć

EUROPE BNP Paribas Group has sold a 7-pct stake in the share capital of the French shopping centre investor Klépierre, in which it had held a 13.5 pct stake.

Investment & finance

Immofinanz to exclusively own Empark

schedule 02 July 2015
Agata Kłapeć

POLAND Immofinanz, which holds a 50 pct stake in Warsaw’s Empark Mokotów Business Park, is acquiring the remaining 50 pct of shares from an affiliate of Heitman in order to become the complex’s sole owner.

Investment & finance

Setl City invests USD 500 mln in Planetograd

schedule 02 July 2015
Rafał Ostrowski
journalist

RUSSIA Setl City, a subsidiary of Russian holding Setl Group, has bought 147 ha in St Petersburg’s Moskovsky district from Israeli investment company Morgal Investments. According to Dentons, which advised the seller, the value of the transaction is app. USD 500 mln.

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