Investment &amp; finance

CZECH REPUBLIC Passerinvest Group has successfully underwritten a CZK 550 mln (app. EUR 20 mln) corporate bond issue.

PZU buys EUR 140 mln warehouse assets

08 December 2014

Aneta Cichla

POLAND A PZU closed-end investment fund, Fundusz Inwestycyjny Zamknięty Sektora Nieruchomości 2, has purchased a EUR 140 mln logistics property portfolio from Panattoni.

Atrium sells 72 smaller centres

10 December 2014

CZECH REPUBLIC Atrium European Real Estate Limited has announced that it has agreed to sell a portfolio of 72 Czech retail assets to a private client account managed by Peakside Capital Advisors for app. EUR 70 mln.

Meyer Bergman buys Futurum Hradec Králové

10 December 2014

CZECH REPUBLIC Euro Mall Hradec Králové Real Estate has conditionally sold the Futurum Hradec Králové shopping centre to Meyer Bergman for EUR 87.6 mln.

CBRE Global Investors takes over 30,000 sqm Warsaw park

08 December 2014

POLAND A CBRE Global Investors-managed fund has bought the Ideal Idea logistics and business complex in Warsaw from the BPH TFI investment fund for app. EUR 32 mln.

Globalworth acquires another Bucharest office project

08 December 2014

ROMANIA Globalworth Real Estate Investments has bought Nusco Tower, a 23,000 sqm gla office building in Bucharest, for EUR 46 mln. The transaction is scheduled to close in Q2 2015.

Atrium completes Focus Mall purchase

04 December 2014

POLAND CEE shopping centre developer Atrium European Real Estate has finalized the EUR 122 mln acquisition of Focus Mall, a 41,000 sqm gla shopping mall in Bydgoszcz, from the Aviva Investors investment fund.

BGK buys first flats for renting

Aneta Cichla

POLAND Bank Gospodarstwa Krajowego has bought up the first apartments for a new governmental programme – the housing rental fund.

Decision on division of Marvipol

POLAND The management board of development and automotive group Marvipol has passed a resolution on starting the process for the division of the company into two separate entities.

CPI offloads plots

CZECH REPUBLIC CPI Property Group has sold two development sites to an undisclosed outside investor for EUR 20 mln.

IDI Gazeley buys French and Hungarian portfolio

HUNGARY US investor Brookfield Logistics Properties’ global logistics platform IDI Gazeley has today announced the acquisition of a portfolio of logistics assets totalling 228,000 sqm and comprising 13 buildings located in France and Hungary.

Plaza Centers sells another Romanian asset

ROMANIA Israeli-financed CEE shopping center developer Plaza Centers is selling its 41,000 sqm land plot in the Romanian city of Hunedoara to an undisclosed buyer for EUR 1.2 mln.

Passerinvest buys back BB Centrum Alpha

02 December 2014

CZECH REPUBLIC Czech development and investment company Passerinvest Group has completed the acquisition of the Alpha building of the BB Centrum office park in Prague.

Starwood Capital Group buys 50,000 sqm Kraków project

02 December 2014

POLAND Starwood Capital Group has acquired through its property investment fund, Starwood Distressed Opportunity Fund X, the app. 48,800 sqm Quattro Business Park in Kraków from the Polish developer Buma Group. The parties did not disclose terms of the transaction.

Ghelamco secures loan for Mokotów building

01 December 2014

POLAND Ghelamco Invest has been granted a loan from PKO BP for the financing of an office project in the Mokotów business district of Warsaw.

Prologis buys 50,000 sqm Invesco property

28 November 2014

POLAND Prologis European Properties Fund II (PEPF II) has acquired a 50,000 sqm Invesco Real Estate logistics facility in Stryków near Łódź that is currently being entirely leased to the DIY and home décor retailer Castorama. The warehousing property will now be named Prologis Park Stryków II.

Warsaw Okęcie plot up for sale

27 November 2014

POLAND Airport Village, a subsidiary of the Military Property Agency (Agencja Mienia Wojskowego), has put up for sale a 1,660 sqm land plot situated by the Warsaw Chopin Airport in Warsaw’s Okęcie area.

CEE attracts investors despite Russian-Ukrainian tension

27 November 2014

CEE REGION While global investors expect Western European investment volumes to continue to grow this year (59 pct) and next year (56 pct), their sentiment over CEE investment conditions is not as positive: 52 pct expect the CEE market conditions to deteriorate, as compared to 32 pct last year, while app. 40 pct expect CEE volumes to fall in 2014 and 2015, according to a Colliers International study.

Globalworth acquires new Skanska office building for EUR 44 mln

27 November 2014