EUROPE Immofinanz has made a voluntary partial public offer on the purchase of an up to 29 pct stake in CA Immo. The move comes just a few days after CA Immo and O1 jointly offered to acquire 13.5 pct of the total Immofinanz issued shares for EUR 2.80 per share in a voluntary tender offer, at least EUR 1.20 below Immofinanz’s expectations.
Investment & finance
POLAND/ MAURITIUS Gontar, a subsidiary of the Rockcastle Global Real Estate company which operates in South Africa and Mauritius, has concluded an agreement on the purchase of the Coucal-owned Solaris Centre shopping mall in Opole. The total purchase price for the transaction reached EUR 52 mln at an initial yield of 7.7 pct.
Investment & finance
POLAND PKP has signed an app. PLN 81.5 mln contract with the Centre for EU Transport Projects on supplementary financing for the modernization of a railway station in Gliwice.
Investment & finance
POLAND Union Investment has acquired the Sarni Stok shopping centre in Bielsko-Biała from CBRE Property Fund Central Europe, which is managed by CBRE Global Investors.
EUROPE London-based real estate investment fund manager Tristan Capital is launching a new EUR 950 mln pan-European value-add fund . So far Tristan raised one third of the targeted equity.
Investment & finance
CZECH REPUBLIC A fund managed by CBRE Global Investors has bought the Campus Square retail park in Brno’s Bohunice district from AIG/Lincoln.
POLAND The value of MLP Group’s assets increased to PLN 557.9 mln at the end of 2014, almost 10 pct more than for the previous year.
EUROPE Vienna-based developer CA Immo and the Russian investment group O1 are willing to buy 13.5 pct of the total Immofinanz issued shares for EUR 2.80 per share in a voluntary tender offer.
WORLD Cushman & Wakefield has increased its gross revenue by 14 pct y-o-y to USD 2.85 bln and its net income by 33.3 pct to USD 61.6 mln, according to 2014 financial results.
Investment & finance
POLAND Michał Sołowow, the largest single shareholder of development company Echo Investment, has called an extraordinary general meeting of shareholders.
EUROPE Real estate investment company AXA Real Estate has launched a new pan-European logistics and industrial development company, Baytree Logistics Properties, which has EUR 100 mln already earmarked for its project pipeline.
Investment & finance
CZECH REPUBLIC Czech warehousing developer and owner CTP has secured a EUR 132 mln loan from its new financial partner pbb Deutsche Pfandbriefbank to finance CTPark Bor in Bor u Tachova, close to the German border.
POLAND Development company Atal is aiming to spend PLN 60-100 mln on land purchases this year.
Investment & finance
RUSSIA Hines has reportedly acquired a 32,000 sqm office building that makes part of the Capital Partners-developed Metropolis mixed-use complex located by the Leningradskoe highway in Moscow.
Investment & finance
LITHUANIA Lithuanian postal operator Lietuvos paštas (LP) will auction off app. 60 domestic properties.
Investment & finance
EUROPE Berlin, Dublin, Madrid, Hamburg and Athens performed best among the European cities showing the strongest property investment prospects in 2015. Warsaw was ranked 14th, a three place drop compared to the 2014 ranking. Prague took the 18th position, a two place y-o-y fall, while Budapest was ranked 22nd, a five place jump compared to the last year, according to an annual investment prospects survey by PwC.
Investment & finance
POLAND/CZECH REPUBLIC Slovakian resort operator and developer Tatry Mountain Resorts is considering abandoning plans to re-develop the Śląskie Wesołe Miasteczko amusement park in Chorzów and to develop another park in Ostrava instead.
Investment & finance
ROMANIA/ BULGARIA Wrocław-based restaurant operator Amrest is acquiring two sole operators of the Starbucks-branded stores in Romania and Bulgaria for app. EUR 16 mln.
Investment & finance
POLAND BBI Development will contribute the land and app. PLN 22 mln of cash while, Liebrecht & Wood will add app. PLN 70 mln for the development of the mixed-use Praga Koneser Center project in Warsaw.
POLAND In its last financial last year, the Erbud revenues and EBIT have increased by 38.5 pct and 34 pct y-o-y respectively, while the construction company generated PLN 1.69 bln revenues.
In Winogrady district of Poznań, the construction of the Aura residential building, designed by Robert Konieczny's office KWK Promes, has begun. The f ...
Strabag Romania has been selected by the developer and investor PPF Real Estate as the general contractor for the construction of its new office prope ...
The Globalworth Foundation has provided the authorities in Bucharest with office space for a Covid vaccination centre.
Panattoni BTS and Commercecon together support the establishment of the second Centaurus Foundation centre in Poland to help horses and other animals.
Shopee is ending its operations in Poland. The Asian e-commerce platform, which debuted in Poland in 2021, intends to focus on operations in other reg ...
Warsaw's Studio B building has been awarded SmartScore and WiredScore certificates. Skanska has thus become the first company in Poland to receive the ...
The Eurobuild Awards Gala, the premier event for the region’s real estate market, is to take place this year on November 26th at the DoubleTree by Hil ...
As the media market in Poland evolves, we also need (and want to!) adapt to these changes and move with the times. Soon, access to our archive will ...
Today, we bring you another brief recording from Expo Real 2024. Tune to listen to our experts' opinions. and immerse yourself in the event's atmosphe ...
The 13th JLL Real Estate Beach Volleyball Charity Tournament, which took place earlier this month, has raised over PLN 800,000 to build the third Rona ...
After a long break, we invite you to hot episode of the "Eye to eye" podcast! Today we talk with Władysław Grochowski, the head and founder of Arche.
The UN Nansen Refugee Award award will go to Poland for the first time. According to the office of the UNHCR High Commissioner this year's regional wi ...
Czech developer CTP has been granted a EUR 200 mln loan from the European Investment Bank for the roll-out of its large-scale solar panel installation ...
The St. Regis Belgrade hotel, the brand's first property in Serbia, has begun operating in Belgrade. It is located in the 42-storey high-rise Belgrade ...
Jarosław Szanajca plans to resign from the position of president of the management board of Dom Development at the end of the year and join the superv ...
The Warsaw - Łódź stretch will be the first section of the High Speed Railway in Poland. It is on this route that a new station will be built in Brzez ...
Viterra has moved into its new 1,500 sqm offices in Olivia Prime, part of the Olivia Centre business complex in Gdańsk. The Design Anatomy studio is ...
The purchaser of the recently completed logistics property which was planned, developed and realised by ECE Work & Live is a German investor, represen ...
CTP has expanded its Polish land bank by nearly half a million sqm. The company has purchased investment land in four locations that provide the oppor ...
Contemporary cities are grappling with the challenge of fostering dynamic growth while alleviating environmental pressures. Traditional infrastructure ...
Vastint has completed the II stage of the Gdynia Waterfront development. A modern multifunctional complex is being built in the heart of the city, nex ...
Colliers has taken over the management of the Studio B office building located in the Warsaw Wola district. The property is owned by Stena Real Estate ...
The University of Warsaw has signed a contract with the general contractor for a project at ul. Bednarska 2/4. The new building will house the faculti ...
YIT continues to grow in line with its strategy in the CEE countries. The company is expanding its operations in the Czech Republic and establishes a ...
According to Trends Radar. Real Estate: From Stabilisation To Optimism, the latest report from Cushman & Wakefield, in 2024, Poland came second in Eur ...
Velis Real Estate Tech is officially changing its name to Singu, adopting the title of its property management product. The rebranding aims to both re ...
CTP has signed new leases with two logistics businesses on almost 30,000 sqm of space across CTPark Bremen and CTPark Oschersleben in Germany.
