Investment & finance

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Investment & finance

Kleba Invest finds buyer for Marki project

schedule 24 February 2015
Tomasz Szpyt-Grzegórski

POLAND Kleba Invest has received a letter of intent concerning the purchase of Prima Park Marki, the company informed.

Investment & finance

CA Immo keeps selling off non-core assets

schedule 24 February 2015
Agata Kłapeć

CZECH REPUBLIC Vienna-based developer CA Immo has disposed of two Czech hotel assets, Prague’s Europort Airport Center and Pilsen’s Diplomat Center, as the company continues to withdraw from the logistics, hotel and residential property segments.

Aareal Bank Group acquires WestImmo for EUR 350 mln

schedule 23 February 2015
Agata Kłapeć

EUROPE German-based Aareal Bank Group has taken over all of the shares of Westdeutsche ImmobilienBank AG (WestImmo), which specialises in commercial property financing, from Erste Abwicklungsanstalt (EAA) for EUR 350 mln.

Skanska optimistic about 2015

schedule 20 February 2015
Agata Kłapeć

CEE REGION Skanska will aim to sell off five office complexes located in Prague, Bucharest, Kraków, Poznań and Katowice this year.

Investment & finance

Czerwona Torebka sells three retail assets

schedule 19 February 2015
Aneta Cichla

POLAND Czerwona Torebka has sold three retail facilities worth jointly PLN 31.9 mln to private investors.

Belgians enter Wrocław

schedule 19 February 2015
Rafał Ostrowski
journalist

POLAND The Polish branch of BPI, a company from the CFE group has finalised the purchase of a plot in the centre of Wrocław.

Investment & finance

Acteeum and Rockcastle buy in Tomaszów

schedule 19 February 2015
Aneta Cichla

POLAND Acteeum group and Rockcastle Global Real Estate have purchased a plot located at the junction of ul. Warszawska and ul. Barlickiego in Tomaszów Mazowiecki, where the investors plan to build Galeria Tomaszów. Formerly, the property was occupied by a textile manufacturer.

Echo and the moneymen

schedule 23 December 2014
Ewa Andrzejewska

POLAND Echo Investment has obtained a EUR 165 mln plus a PLN 14 mln loan (over PLN 700 mln in total) from UK bank HSBC and HSBC Bank Polska.

Investment & finance

PZU satisfied with real estate investment

schedule 18 February 2015
Tomasz Szpyt-Grzegórski

POLAND In 2014, the rate on return on PZU Fundusz Inwestycyjny Zamknięty Sektora Nieruchomości 2, which is managed by TFI PZU, exceeded 11 pct.

Great year for Budimex

schedule 13 February 2015
Aneta Cichla

POLAND 2014 has turned out to be the best ever year for the Budimex group in terms of the value of contracts signed, which amounted to PLN 6.3 bln, a nearly two-fold increase compared to 2013. As of the end of 2014, the value of the company’s real estate portfolio reached PLN 6.1 bln, a 41 pct surge y-o-y.

Investment & finance

AFI back in the game, buys Warsaw’s ‘Pekin’

schedule 12 February 2015
Tomasz Szpyt-Grzegórski

POLAND Kraków-based company Czerwone Maki, which belongs to the AFI Europe Poland group, has purchased a historical Wolf Krongold tenement house located near Warsaw's city centre. The company now eyes further acquisitions in Poland, according to what ‘Eurobuild CEE’ has found.

Investment & finance

Something old and something new for Budizol

schedule 12 February 2015
Tomasz Szpyt-Grzegórski

POLAND Włocławek-based company Budizol has acquired another historic property in Warsaw that it is now plans to restore. The company is also planning an entirely new project in the south of the city.

Investment & finance

Skanska operations on the rise in CEE

schedule 12 February 2015
Agata Kłapeć

CEE REGION In its last financial year, the Swedish construction and development company Skanska has seen its operating income in construction increasing by 16 pct y-o-y, to SEK 4.5 bln (EUR 470 mln), while the company’s revenues increased by 6 pct and amounted to SEK 145.0 bln (EUR 15 bln).

Investment & finance

Dubai investor to pour EUR 2.3 bln into SEE resort

schedule 10 February 2015
Agata Kłapeć

BOSNIA AND HERZEGOVINA Dubai-based developer Buroj Property Development plans on developing a EUR 2.3 bln (BAM 4.5 bln) residential, hotel, retail and sports complex in Trnovo near Sarajevo in a move to turn the former Winter Olympics site into a luxury regional mountain resort.

Investment & finance

Ares buys two Warsaw office assets

schedule 10 February 2015
Agata Kłapeć

EUROPE An Ares Real Estate Group fund has acquired two Warsaw office properties from IVG Institutional Funds: the app. 8,000 sqm gla three-building Jerozolimskie Business Park complex and the app. 8,000 sqm gla Jerozolimskie Offices building.

Robyg shops in Gdańsk again

schedule 09 February 2015
Tomasz Szpyt-Grzegórski

POLAND Robyg group has signed a conditional for the purchase of plots with a combined area of app. 1.5 ha in Gdańsk.

Investment & finance

PKP plans to invest PLN 350 mln in stations

schedule 06 February 2015
Tomasz Szpyt-Grzegórski

POLAND In 2014 the Polish State Railways (PKP) made PLN 363 mln on the sale of real estate (PLN 203 mln in 2013). PKP also carried out 21 station projects in an investment of PLN 220 mln. It also sold properties on ul. Targowa in Siedlce (PLN 28.7 mln), ul. Toruńska in Gdańsk (PLN 26.2 mln), ul. Głowackiego in Sochaczew (PLN 12.1 mln), ul. Bokserska in Warsaw (PLN 6.7 mln) and a leisure centre in Jachranka for PLN 13.8 mln, among others.

LafargeHolcim to sell off EUR 6.5 bln assets to CRH

schedule 04 February 2015
Agata Kłapeć

CEE REGION Two merging cement and aggregates suppliers Holcim and Lafarg aim to sell EUR 6.5 bln assets, including plants and other facilities, to the Irish building materials company CRH. These will include Holcim's assets in Hungary, Serbia and Slovakia, as well as Lafarge's properties in Romania.

Investment & finance

CA Immo disposes of two office projects

schedule 04 February 2015
Agata Kłapeć

HUNGARY/ BULGARIA CA Immo has sold two small office assets: the 8,000 sqm gla Europark office building in Sofia and the 6,400 sqm Buda Business Center office building in Budapest, for EUR 17 mln.

Investment & finance

BPT Optima sells Young City site and Baltic assets

schedule 04 February 2015
Nathan North
managing editor (English section)

POLAND/BALTIC STATES BPT Optima, a fund managed by Northern Horizon Capital, has agreed to sell seven office and retail properties in Tallinn, Riga, Vilnius, Kaunas and Klaipėda, totalling app. 112,000 sqm of leasable space, as well as the large-scale Young City urban regeneration site on the Gdańsk waterfront, including the historic former shipyard.

Edition 9 (301) September 2025

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