Investment & finance

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Immofinanz spins off logistics business

schedule 07 August 2015
Agata Kłapeć

EUROPE Immofinanz has decided to sell its 1 mln sqm gla European logistics portfolio and put more focus on its other business lines, retail and office, in Poland, Austria and Germany instead.

Marvipol raises PLN 60 mln for plots

schedule 05 August 2015
Tomasz Szpyt-Grzegórski

POLAND Stock exchange development and automotive group has raised PLN 60 mln through an issue of unsecured four-year bonds.

Investment & finance

TPG set to take over TriGranit

schedule 05 August 2015
Tomasz Szpyt-Grzegórski

CEE REGION Luxembourg investment vehicle TPG RE II European Holdings is poised to take over the Polish subsidiaries of Hungarian property group TriGranit.

Investment & finance

Warsaw to sell plots for two skyscrapers at PLN 210 mln starting price

schedule 05 August 2015
Tomasz Szpyt-Grzegórski

POLAND The mayor of Warsaw has signed a directive for the sale of two plots in the inner centre of the city in a public tender.

Middle Eastern investors expected to spend USD 15 bln annually

schedule 05 August 2015
Rafał Ostrowski
journalist

POLAND Middle East investors are expected to spend an average of USD 15 bln per year on the real estate market globally, according to the latest research from CBRE.

Direkt Invest Polen malls obtain refinancing

schedule 05 August 2015
Rafał Ostrowski
journalist

POLAND Hamburg-based Direkt Invest Polen Funds has received a EUR 20 mln loan from MBank and MBank Hipoteczny to refinance its three shopping centres in Poland.

Investment & finance

Savarin sold to Crestyl amid controversy

schedule 05 August 2015
Nathan North
managing editor (English section)

CZECH REPUBLIC The Savarin Palace revitalisation project in the centre of Prague has been bought from Irish property investor Ballymore by local developer Crestyl Group for a reported EUR 83 mln.

Investment & finance

Morgan Stanley consortium buys AEW Budapest portfolio

schedule 05 August 2015
Nathan North
managing editor (English section)

HUNGARY A consortium led by Morgan Stanley Real Estate Investing has purchased a portfolio of properties in Budapest from AEW Europe.

Russian crisis hits Immofinanz

schedule 04 August 2015
Rafał Ostrowski
journalist

EUROPE Immofinanz is expected to see a EUR 361.4 mln loss in its 2014/2015 financial year, compared to a EUR 72 mln profit made last year, according to the company’s preliminary results.

South African investor targets Eastern European malls

schedule 04 August 2015
Agata Kłapeć

SOUTH AFRICA/ CEE REGION South African development and investment holding Atterbury Group has launched a new business that will focus on the shopping centre investments and retail development opportunities in Europe, and particularly the Eastern European region.

Investment & finance

Meyer Bergman wants exclusive ownership

schedule 04 August 2015
Aneta Cichla

POLAND Meyer Bergman, a co-owner of Galeria Katowicka, aims to take over the remaining shares in the mall from Neinver Polska and the Polish State Railways (PKP), its partners in this project.

DTZ-C&W merger awaits EU decision

schedule 04 August 2015
Aneta Cichla

WORLD The European Commission is set to review the application for the approval of DTZ’s acquisition of Cushman & Wakefield by the DTZ agency by August 28th.

Investment & finance

Union Investment acquires Wrocław hotel

schedule 04 August 2015
Eurobuild CEE

POLAND Union Investment has bought the Radisson Blu hotel in Wrocław from its developer UBM Development.

Investment & finance

PZU markets six Polish properties

schedule 03 August 2015
Eurobuild CEE

POLAND Investment fund TFI PZU is putting up for sale four retail properties and two office parks with a total of 68,600 sqm of space.

Investment & finance

100 ha Warszawianka plots put up for sale

schedule 03 August 2015
Eurobuild CEE

POLAND Nieruchomości Orange Polska aims to sell two adjacent properties located on ul. Urocza in Warszawianka in the Lesznowola district near Warsaw.

Robyg to build apartments in Ursus

schedule 03 August 2015
Aneta Cichla

POLAND Development company Robyg has purchased a 5.3-ha plot in Warsaw’s Ursus district to build 980 apartments there.

Investment & finance

Czech bank disposes of Prague offices

schedule 03 August 2015
Eurobuild CEE

CZECH REPUBLIC The ČSOB bank has sold its eight-floor 9,410 sqm gla office building located at Na Pankráci 310/60 in the Prague 4 district to CIMEX.

AXA fund hits EUR 2.9 bln

schedule 03 August 2015
Agata Kłapeć

EUROPE AXA Real Estate Investment Managers has raised EUR 2.9 bln at the final close of its latest pan-European real estate debt fund Commercial Real Estate Senior 9.

Investment & finance

REINO invests in another Skanska project

schedule 03 August 2015
Agata Kłapeć

POLAND Skanska has sold its first office development project in Poznań, Malta House, for EUR 38 mln. The buyer is a joint venture between two investment vehicles managed by the Polish fund manager REINO, REINO Dywidenda 2 FIZ and REINO Dywidenda, and a fund managed by the CEE fund manager Bluehouse Capital.

CBRE sees 11 pct revenue growth

schedule 31 July 2015
Rafał Ostrowski
journalist

WORLD In the first half of the year, the real estate consultancy CBRE has registered a 11 pct y-o-y increase in revenues, to USD 4.4 bln.

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Edition 3 (306) March 2026

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