Investment &amp; finance

Prague-based investment group BHM group has acquired the Trenčín Industrial Park logistics and production centre in western Slovakia, which has a leasable area of more than 120,000 sqm, for an undisclosed sum. The seller was Fond Nova Real Estate, a fund managed by Prague-based Redside investiční společnost.

Germany SVP to acquire Apcoa

23 October 2023

Apcoa Parking Holdings and Strategic Value Partners, LLC and its affiliates (together, SVP), a global alternative investment firm with over USD 18 bln of assets under management, has announced that SVP-managed funds have entered into an agreement to acquire 100 pct of Apcoa, Europe’s leading parking infrastructure operator.

Poland mBank finances Panattoni in TriCity

23 October 2023

Panattoni has been awarded a loan of over EUR 32 mln from mBank for the development of a 50,000 sqm building in Panattoni Park Tricity East V. Regesta is to operate its largest logistics centre in Poland from the new hall.

POLAND Octava offloads Obrzeżna Center

23 October 2023

Warsaw-based investor Octava Property Trust has sold the Obrzeżna Center office building in Warsaw to an undisclosed Polish company.

Romania Real estate benefiting from foreign capital inflow

12 October 2023

The real estate and construction sector attracted app. EUR 1.2 bln of foreign direct investments in 2022, as the share of this economic activity in the overall FDI stock stood at 17.2 pct at the end of 2022, according to the Cushman & Wakefield Echinox.

POLAND Archicom raises 220m in share issue

04 October 2023

Echo Investment Group’s residential division Archicom has raised PLN 220 mln in a new share issue. Archicom will use most of the capital raised to purchase plots for its future projects.

POLAND Yareal Polska obtains €45m investment loan

04 October 2023

Yareal Polska has secured a EUR 45 mln five-year investment loan from Pbb Deutsche Pfandbriefbank, part of which is to be used to refinance the company’s Lixa C office development in Warsaw.

CZECH REPUBLIC Upvest and Lincoln strike for Zirkon

04 October 2023

Českomoravská Nemovitostní (ČMN) has sold the Zirkon Office Center in Prague's Karlín district to a joint venture between local investment platform Upvest and US investor Lincoln Property Company for an undisclosed sum.

Europe Fundraising for MEREP 3 reaches EUR 168 mln

28 September 2023

Mitiska REIM, the investor in European convenience real estate, has announced that fundraising for its third flagship fund, Mitiska European Real Estate Partners 3, has now reached EUR 168 mln. The fund has already closed three investments since the beginning of this year, representing a third of capital raised so far.

Poland & Baltics AEI issues more green bonds for solar plants

20 September 2023

Opr./edited by JC

Atsinaujinančios Energetikos Investicijos has announced a EUR 13.22 mln green bond issue with a 10 pct yield and which is to mature in December 2025. The company will invest the money to build solar power plants in Poland.

Poland Partners and Peakside pick up Okęcie site

19 September 2023

Partners Group and Peakside Capital Advisors have successfully completed the purchase of a 5 ha plot in Warsaw’s Okęcie district for the development of a last-mile urban logistics project.

Romania The investment market decline

19 September 2023

The number of sold properties increased in Romania in H1 2023, but the average price per asset decreased by more than 50 pct according to data from the Cushman & Wakefield Echinox real estate consultancy company.

Hungary Skanska sells H2Offices

19 September 2023

Skanska has sold the first phase of its H2Offices complex in Budapest to Erste Open-Ended Real Estate Investment Fund, represented by Erste Alapkezelő Zrt. This is the third acquisition that the purchaser has made from Skanska Hungary, after acquiring Nordic Light in 2016 and Mill Park in 2018.

Poland GLP seals 7R park purchase

18 September 2023

7R has finalised the sale of 7R City Flex Gdańsk II to GLP Europe. The facility comprises 11,000 sqm, currently fully leased by brands from the food and FMCG sectors.

Poland Leclerc picks up former Tesco

15 September 2023

E.Leclerc has bought a retail property in Jelenia Góra from Tesco. The building is currently undergoing revitalisation work to transform it into a 24,500 sqm convenience shopping centrre

Czech Republic Kaprain buys Libeň site for new district

14 September 2023

Czech Investment group Kaprain has acquired a 5.3 ha brownfield site in Libeň (Prague 9) from Howden ČKD Compressors.

Poland Hillwood builds, Pekao finances

11 September 2023

Hillwood Polska has signed loan agreements with Bank Pekao SA for the construction of three warehouse parks - in Częstochowa, near Rawicz and in Łazy near Warsaw - granting a total loan of more than EUR 89 mln.

Germany Garbe buys brownfield east of Würzburg

05 September 2023

Garbe has acquired a plot of land located some 30 km east of Würzburg. A logistics centre with a total area of around 16,000 sqm is to be built on it. Construction is scheduled to start in Q2 of 2024, with an investment volume of around EUR 25 mln.

Poland Irish investor buys Gorzów mall

01 September 2023

Eurobuild CEE

Galeria Askana in Gorzów Wielkopolski has been acquired by Polprop 4, an SPV owned by Irish investor John Patchell, for an undisclosed sum. The new owner plans to double the value of the shopping centre within 2 to 3 years.

Poland Giant loan for Panattoni

01 September 2023