Investment & finance
Cushman & Wakefield estimates that the commercial real estate investment volume in Poland for H1 2024 was EUR 1.76 bln, representing an almost 80 pct increase compared to the same period in 2023. The investment market is experiencing a revival in the activity of investment funds, including Polish investors, with this year’s total investment volume likely to hit EUR 4 bln.
Investment & finance
Develia has signed a preliminary agreement for the sale of the property in Wrocław with a subsidiary of Afi Europe. The sale price was set at PLN 50.5 mln. The transaction is expected to be finalised by the end of 2024.
Investment & finance
Afi Europe has acquired the myhive Victoriei building on Calea Victoriei, Bucharest, from Austrian commercial real estate group Immofinanz. The transaction was valued at around EUR 27 mln and is part of Immofinanz's strategy to optimise its portfolio.
Investment & finance
Bellemonde has secured a EUR 21 mln financing agreement from Libra Internet Bank to develop a new residential project in northern Bucharest. The project will feature 164 housing units.
Investment & finance
VGP and Deka Immobilien announced the signing of the third and final closing of their 50:50 joint venture, RED. This transaction includes a logistics building located in VGP Park Magdeburg, fully leased to Rhenus.
Investment & finance
The investment and asset manager KGAL has acquired the Platinum office building in Wiesbaden, developed by Frankfurt-based project developer OFB, with around 5,300 sqm of rental space for one of its institutional real estate funds.
Investment & finance
Brno-based investment platform DRFG has acquired a 100 pct stake in Hungarian developer Trigranit from Revetas Capital.
Investment & finance
Roomies, an investor in private student housing, has announced the closing of a transaction with 6B47 Real Estate Investors AG. The company is acquiring two projects with building permits in Warsaw and Wroclaw.
Investment & finance
According to data from the Cushman & Wakefield Echinox, Romania recorded a 131 pct y-o-y growth of the real estate transaction volume during H1 2024, reaching a level of EUR 418 mln, corresponding to the highest growth rate in the CEE. This significant evolution places Romania third in the region, following Poland and Czechia, surpassing Hungary and Slovakia.
Investment & finance
Investment company Tewox, managed by the Lords LB asset management company from Lithuania, has announced the acquisition of two additional retail parks in the cities of Łódź and Radom. The seller is an investor, developer and asset manager Capital Park Group.
Investment & finance
Q2 2024 showed the signs of the market acceleration, which allow to look to the future with greater optimism, and the market finally noticed decline of interest rates. Avison Young's experts point out that's a signal for the return of more affordable financing, which is likely to stimulate investor activity.
Investment & finance
Equilis and Acteeum have sold the Silwana retail park in Gorzów Wielkopolski. The facility was bought and taken over for management by Big Polska. The park was sold for EUR 40 mln, it is one of the highest transactions on the Polish commercial property market this year.
Investment & finance
H1 2024 saw CEE investment volumes increase by circa 29 pct y-o-y. According to preliminary results, this is contrary to European and global results, where activity is still subdued. 2024 volumes could reach up to circa EUR 5.5 bln, around half of the 10-year average, expect experts from Colliers in its latest “H1 2024 Investment Scene” report.
Investment & finance
A consortium of Santander Bank Polska (credit agent) and Bank Pekao (accounting agent and security agent) granted the investors of the Office House in Warsaw a construction and investment loan of EUR 103.4 mln and a VAT loan of PLN 20 mln.
Investment & finance
The Alma office building, located on ul. Marynarska in Warsaw, has changed hands. The 8,000 sqm building has been sold by the Astrea company. The purchaser is a private Polish investor.
Investment & finance
Europe Fund III SCSp Invesco Real Estate has completed its first mezzanine lending deal in Central Europe on behalf of Invesco Real Estate Europe Fund III – SCSp (Europe III), the third European value-add strategy in succession for the firm.
Investment & finance
WDP has acquired a portfolio in Romania comprising properties with a leasable area of app. 136,000 sqm and a large plot for a future development with a total potential of more than 300,000 sqm gla. The value of the transaction comes to app. EUR 110 mln.
Investment & finance
S Immo has completed the sale of the HOTO Business Tower in Zagreb. The office building is located on the south-western edge of the central business district of the Croatian capital and comprises a total leasable area of around 15,500 sqm.
Investment & finance
Revetas Capital announces the disposal of the office park The Landmark in Bucharest to Vectr Holdings, through its subsidiary Vectr Realty. Developed in 2017, the complex offers 23,700 sqm of office space.
Investment & finance
Precordia Capital and Septyma have become holders of 66 pct of shares in the convenience retail park Street Mall Vis à Vis Wilanów. They acquired the shares from Capital Park.
In Winogrady district of Poznań, the construction of the Aura residential building, designed by Robert Konieczny's office KWK Promes, has begun. The f ...
Strabag Romania has been selected by the developer and investor PPF Real Estate as the general contractor for the construction of its new office prope ...
The Globalworth Foundation has provided the authorities in Bucharest with office space for a Covid vaccination centre.
Panattoni BTS and Commercecon together support the establishment of the second Centaurus Foundation centre in Poland to help horses and other animals.
Shopee is ending its operations in Poland. The Asian e-commerce platform, which debuted in Poland in 2021, intends to focus on operations in other reg ...
Warsaw's Studio B building has been awarded SmartScore and WiredScore certificates. Skanska has thus become the first company in Poland to receive the ...
The Eurobuild Awards Gala, the premier event for the region’s real estate market, is to take place this year on November 26th at the DoubleTree by Hil ...
As the media market in Poland evolves, we also need (and want to!) adapt to these changes and move with the times. Soon, access to our archive will ...
Today, we bring you another brief recording from Expo Real 2024. Tune to listen to our experts' opinions. and immerse yourself in the event's atmosphe ...
The 13th JLL Real Estate Beach Volleyball Charity Tournament, which took place earlier this month, has raised over PLN 800,000 to build the third Rona ...
After a long break, we invite you to hot episode of the "Eye to eye" podcast! Today we talk with Władysław Grochowski, the head and founder of Arche.
The UN Nansen Refugee Award award will go to Poland for the first time. According to the office of the UNHCR High Commissioner this year's regional wi ...
Czech developer CTP has been granted a EUR 200 mln loan from the European Investment Bank for the roll-out of its large-scale solar panel installation ...
The St. Regis Belgrade hotel, the brand's first property in Serbia, has begun operating in Belgrade. It is located in the 42-storey high-rise Belgrade ...
Jarosław Szanajca plans to resign from the position of president of the management board of Dom Development at the end of the year and join the superv ...
The Warsaw - Łódź stretch will be the first section of the High Speed Railway in Poland. It is on this route that a new station will be built in Brzez ...
Viterra has moved into its new 1,500 sqm offices in Olivia Prime, part of the Olivia Centre business complex in Gdańsk. The Design Anatomy studio is ...
Panattoni has secured a EUR 75 mln loan from Citibank (London Branch). The funds are intended to finance the Panattoni Park Sulechów III investment.
CTP has expanded its Polish land bank by nearly half a million sqm. The company has purchased investment land in four locations that provide the oppor ...
Contemporary cities are grappling with the challenge of fostering dynamic growth while alleviating environmental pressures. Traditional infrastructure ...
Cushman & Wakefield has summarised the Q3 of 2024 on the largest office markets in Poland. Office take-up in key regional cities remained on par with ...
Colliers has taken over the management of the Studio B office building located in the Warsaw Wola district. The property is owned by Stena Real Estate ...
The University of Warsaw has signed a contract with the general contractor for a project at ul. Bednarska 2/4. The new building will house the faculti ...
YIT continues to grow in line with its strategy in the CEE countries. The company is expanding its operations in the Czech Republic and establishes a ...
According to BNP Paribas Real Estate Poland latest report “At a Glance: Modern Retail Market in Poland, Q3 2024”, predictions of the imminent decline ...
Velis Real Estate Tech is officially changing its name to Singu, adopting the title of its property management product. The rebranding aims to both re ...
According to Savills' analysis of the industrial real estate market in the Czech Republic, lease renegotiations, or the extension of older lease agree ...
