CEE REGION According to JLL’s preliminary estimates, Q1 2015, the total volume of investment transactions finalised on the commercial real estate markets in the CEE region reached EUR 1.44 bln in Q1 2015.
POLAND A large European investor has been offered an exclusive right to purchase the Skylight and Lumen office buildings which form part of Warsaw's Złote Tarasy retail and office complex.
POLAND Inpro capital group has summed up its Q1 2015 sales results. The company signed 98 preliminary contracts net, as compared to 99 preliminary contracts signed in Q1 2014.
CEE REGION In Q1 2015, the CEE commercial property investment volumes have reached EUR 1.44 bln in total, says JLL.
POLAND The investment land market in Poland is currently stable, but demand for the best locations is continuing to grow – according to the ‘ViewPoint Land Market in Poland 2015’ report just published by CBRE.
ROMANIA JLL has helped to secure EUR 30 mln financing for Atenor Group’s Hermes Business Campus office complex in Bucharest. The funds were provided by a local bank.
POLAND Echo Investment, which is developing Galeria Sudecka in Jelenia Góra, purchased a property which is located north-east of the newly-built centre.
POLAND Deflation could have an influence on rent rates. In combination with the increasing supply of new commercial space it could contribute to the strengthening of the position of tenants in rent negotiations.
POLAND The Wawel Service group has completed a PLN 11 mln bond issue.
POLAND Representatives of the city of Gdańsk and of the consortium of Immobel and Multibud W. Ciurzyński have signed a public private partnership agreement for the development of the northern tip of the Wyspa Spichrzów island in the city – a project that has already been announced.
EUROPE Immofinanz’s executive board has recommended non-acceptance of CA Immo/O1’s partial public offer of EUR 2.80 per Immofinanz share, claiming that this is “not in the interests of all shareholders.”
SLOVAKIA HB Reavis Group has closed its first transaction of unsecured bond issue in Slovakia by raising EUR 40 mln.
POLAND A total of more than 20 pct of Robyg’s shares have been sold by Nanette Real Estate Group and Lbpol William II.
POLAND Budimex Nieruchomości has purchased an undeveloped 5.1 ha plot on ul. Jana Pawła II in Gdańsk for a net price of EUR 11.4 mln (PLN 46.4 mln) from its own equity.
POLAND Polnord finished Q1 2015 with a 12 pct increase in sales of apartments compared to the same period in 2014.
EUROPE 40 pct of EMEA investors will be looking to take more risk in 2015 than in 2014, while 9 pct of them assess their appetite as lower than last year. However, their higher risk tolerance doesn’t seem to spill over to the central part of Europe, says CBRE in its “Investor Intentions Survey 2015” report.
POLAND Robert Pydzik, the president of the board of developer Wikana, has announced that in line with its current strategy the company intends to sell its retail portfolio.
POLAND Warsaw city council has announced that app. PLN 1.5 bln has been designated for the revitalisation of Warsaw’s right-bank.
EUROPE Pan-European shopping centre operator Klépierre, which runs 22 malls across the CEE region, has officially completed the EUR 7.2 bln acquisition of app. 60 shopping malls owned by a Western European retail developer, Corio.
EUROPE It is last financial year, the investment and development company CPI Property Group has recorded a 24 pct y-o-y net rental income increase, to EUR 187 mln. The holding’s total revenues climbed to EUR 269 mln, a 44 pct y-o-y surge.
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