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Investment & finance

POLAND First Property takes control of Blue Tower

schedule 19 August 2022
Opr./edited by NN

First Property Group has acquired another 7,171 sqm (or 32.1 pct) of Blue Tower in Warsaw city centre, bringing its ownership of the property up to 80.3 pct (17,937 sqm).

Investment & finance

CENTRAL EUROPE CPI seals S Immo takeover

schedule 18 August 2022
Nathan North
deputy editor

Prague-based CPI Property Group has completed the first stage of its takeover bid for Austrian counterpart S Immo, by securing a majority stake of 79.2 pct of its share capital and 82.67 pct of its voting rights.

Investment & finance

POLAND Elite acquires Jysk hall in Radomsko

schedule 16 August 2022
Opr./edited by NN

Elite Partners has acquired a warehouse building in Radomsko in the southern part of central Poland for almost EUR 30 mln.

Investment & finance

ROMANIA Hili handover for Miro

schedule 09 August 2022
Nathan North
deputy editor

Hili Properties has acquired, for around EUR 50 mln, a 75 pct stake in Băneasa Real Estate SRL, the special purpose vehicle that owns the Miro office building in Bucharest.

Investment & finance

ROMANIA One United raises EUR 51.5 mln on BVB

schedule 08 August 2022
Opr./edited by NN

Romanian developer One United Properties has raised EUR 51.5 mln in what the company claims is the largest ever capital increase from a share issue of a company listed on the Bucharest Stock Exchange (BVB).

Investment & finance

ROMANIA CA Immo begins Romanian sell-off

schedule 08 August 2022
Nathan North
deputy editor

Austrian real estate investor CA Immo has officially announced that it is selling its office portfolio in Romania.

Investment & finance

POLAND Pbb loans EUR 120 mln to EQT in Poland

schedule 05 August 2022
Opr./edited by NN

Pbb Deutsche Pfandbriefbank has provided a EUR 120 mln refinancing loan to EQT Exeter for its Polish logistics portfolio.

Investment & finance

CEE REGION CEE investment up 33 pct in H2 – C&W

schedule 05 August 2022
Opr./edited by NN

In H1 2022, the total CEE commercial real estate investment volume reached EUR 5.5 bln – an increase of 32.8 pct y-o-y, according to Cushman & Wakefield.

Investment & finance

POLAND Macquarie AM acquires 7R complex and loan

schedule 04 August 2022
Nathan North
deputy editor

Macquarie Asset Management has acquired 7R City Flex Warsaw Airport I for around EUR 29 mln. The warehousing and logistics complex includes three buildings comprising 15,900 sqm and is fully leased.

Investment & finance

POLAND REICO buys battery plant in Gniezno

schedule 03 August 2022
Opr./edited by NN

REICO ČS Long Lease, managed by Czech real estate investment group REICO IS ČS, has acquired the APS consumer battery manufacturing centre in Gniezno in a sale-leaseback deal for app. CZK 511 mln (PLN 97.4 mln or EUR 20.4 mln).

Investment & finance

CENTRAL EUROPE S Immo recommends CPI takeover

schedule 01 August 2022
Nathan North
deputy editor

The management and supervisory boards of Austrian real estate developer S Immo have officially recommended to the company’s shareholders that they accept the takeover offer of Prague-based CPI Property Group.

Investment & finance

POLAND Two Panattoni parks change hands

schedule 29 July 2022
Opr./edited by NN

Panattoni has sold two of its Polish logistics parks to a North American private equity investor for an undisclosed sum.

Investment & finance

ROMANIA One United buys First Bank HQ for EUR 28 mln

schedule 29 July 2022
Nathan North
deputy editor

One United Properties has acquired the headquarter building of First Bank in Bucharest for around EUR 28 mln.

Investment & finance

ROMANIA Cascade sold for EUR 10 mln

schedule 28 July 2022
Nathan North
deputy editor

GTC has sold the Cascade Office Building in Bucharest to Hungarian real estate investor Crown Holding for EUR 10.1 mln.

Investment & finance

CZECH REPUBLIC Wood & Company buys Green Point

schedule 27 July 2022
Opr./edited by NN

A sub-fund of Wood & Company has acquired the Green Point in Prague’s Smíchov district for an undisclosed sum. The building, which has 7,500 sqm of leasable office space, is the tenth office building and the third in Prague to be added to the sub-fund’s portfolio.

Investment & finance

CENTRAL EUROPE CPI makes its move for S Immo

schedule 18 July 2022
Opr./edited by NN

Czech real estate company CPI Property Group has published its offer document for the mandatory takeover of Austrian group S Immo.

Investment & finance

CZECH REPUBLIC Corso Karlín caught by Nemo

schedule 15 July 2022
Nathan North
deputy editor

The Nemo real estate fund has finalised the purchase of the Corso Karlín office building in Prague 8 from Revetas Capital Advisors.

Investment & finance

HUNGARY Historic buy for Wing

schedule 14 July 2022
Opr./edited by NN

Hungarian developer Wing has acquired two historic office buildings in central Budapest for an undisclosed sum from Teichmann & Compagnons, acting on behalf of the properties’ American owners.

Investment & finance

EUROPE First closing of Garbe fund raises EUR 400 mln

schedule 13 July 2022
Opr./edited by NN

German warehousing investor and developer Garbe Industrial Real Estate has raised EUR 400 mln in equity from investors for its Garbe Logistics Real Estate Fund Plus III investment fund.

Investment & finance

POLAND Echo Investment issues PLN 40 mln of bonds

schedule 12 July 2022
Opr./edited by NN

Polish developer Echo Investment has issued PLN 40 mln of N-series bonds to individual investors. The reduction rate is 37 pct and the interest rate comes to 4 pct above WIBOR 6M.

Edition 11 (293) November 2024

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