Investment &amp; finance

Resi4Rent has secured financing worth PLN 613 mln to expand its portfolio of flats. The platform will use the funds raised to build 2,700 new units in Kraków, Wrocław, Poznań and Gdańsk.

Germany Commerz Real acquires Mynd

Commerz Real has purchased in full the Mynd office high-rise and Galeria Weltstadthaus store at Berlin Alexanderplatz from Signa Prime. The project is currently under construction.

LITHUANIA East Capital seals Duetto deal

Baltic Horizon Fund has finalised the sale of its 100 pct stake in its BH Duetto UAB vehicle to East Capital Real Estate Fund IV for EUR 37 mln.

SLOVAKIA ZFP adds L12 to portfolio

ZFP realitní fond, managed by ZFP Investments, has acquired the Landererova 12 office building in Bratislava from JTRE for an undisclosed sum.

Poland Santander finances in Poznań

16 June 2023

Panattoni has started the construction of Panattoni Park Poznań East II with an area of approximately 35,000 sqm. The project will be financed by Santander Bank.

Serbia CA Immo sells Belgrade Office Park

05 June 2023

CA Immo has successfully signed and closed the sale of the Serbian office complex Belgrade Office Park to a domestic investor. With two buildings and an underground car park, the complex comprises approx. 27,200 sqm of total lettable space.

Poland Loan for Neptune mission

01 June 2023

Neinver and Nuveen Real Estate have successfully raised around EUR 170 mln in debt financing for the Polish portfolio of Neptune, a joint venture between Neinver and TIAA.

Czech Republic Rohan BC sold to Fio fund

31 May 2023

Reico Čs Nemovitostní (RČSN) has sold the Rohan Business Centre in Prague to the recently established Fio realitní fund for app. CZK 740 mln (EUR 31.3 mln).

Poland Two deals for LeadCrest

29 May 2023

LeadCrest Capital Partners announces two transactions in Poland: new industrial sale-leaseback as well as EUR 20 mln sale-leaseback acquisition of three retail warehouses.

Slovakia IAD buys on the Danube

29 May 2023

The First Real Estate Fund, managed by IAD Investments, has purchased the Pribinova 19 building in Bratislava from JTRE. The office building is part of the Eurovea City office and retail complex located on the banks of the Danube.

Poland Panattoni granted EUR 64 mln

22 May 2023

Panattoni has been granted a EUR 64 mln loan by Bank Gospodarstwa Krajowego for next projects. The financing is to be used to develop a strategic complex for Poczta Polska in Radzymin as well as two buildings within Panattoni Park Grudziądz.

LITHUANIA Duetto I and II change hands for EUR 37 mln

18 May 2023

Baltic Horizon Fund has agreed to sell for app. EUR 37 mln its entire stake in BH Duetto UAB, the vehicle that owns the Duetto I and II office buildings in Vilnius, to Luxembourg-registered fund ECRE IV.

Nathan North
managing editor (English section)

CENTRAL EUROPE CTP to double Polish and German portfolios

17 May 2023

Czech logistics developer and operator CTP is to invest a combined EUR 600 mln in Poland and Germany as it plans to double its portfolio in both markets to 20 mln sqm by 2030.

Germany Griffin and Madison sell German asset

15 May 2023

International Industrial Properties, the logistics platform owned by Madison International Realty and Griffin Capital Partners, has sold a single-lease logistics property in Germany. This is the company's second transaction in Germany, the first having been completed in June last year.

CEE Region CEE investment volumes on the slide

12 May 2023

The 2023 real estate investment volume across the CEE-6 region could reach EUR 5-6 bln, suggests Colliers in its latest 'Q1 2023 Investment Scene' report, significantly down from the estimated EUR 10.7 bln transacted in 2022.

Nathan North
managing editor (English section)

CENTRAL EUROPE Wing and Griffin complete Bauwert takeover

10 May 2023

Hungarian real estate group Wing together with Warsaw-based private equity manager Griffin Capital Partners have completed the acquisition of a 60 pct stake in German developer Bauwert.

Lithuania Let's go to the movies

09 May 2023

Reverest Fund Management has purchased the Forum Cinemas Vingis cinema complex in Vilnius in a leaseback transaction. The previous owner, the cinema operator, will continue operations under a long-term lease agreement.

CZECH REPUBLIC S Immo adds offices and hotel to portfolio

08 May 2023

Austrian real estate investor S Immo has completed the acquisition of three office buildings and a hotel in the Czech Republic from its majority shareholder CPI Property Group.

Poland Panattoni with over EUR 48 mln loan

28 April 2023

Panattoni has been granted financing for Panattoni Park Lublin II – a comprehensive business platform with an area of around 84,000 sqm. The EUR 48 mln loan, including VAT, was granted by Bank Pekao SA.

Poland Retail parks bring profits

26 April 2023