Investment & finance

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Investment & finance

Poland Ghelamco sells Warsaw Hub hotel tower

schedule 19 December 2023

Ghelamco has finalised the sale a high-rise building forming part of The Warsaw Hub complex, which houses the Crowne Plaza and Holiday Express Inn hotels, to French fund Corum XL for an undisclosed sum.

Investment & finance

Poland Vastint set to buy Arkady Wrocławskie

schedule 19 December 2023
Opr./edited by ANZ

Develia and Vastint Poland have signed a preliminary agreement for the sale of Arkady Wrocławskie. The net sale price was set at EUR 42.9 mln, or app. PLN 185.6 mln. The transaction is expected to be finalised by the end of August 2025.

Investment & finance

Poland Murapol makes its WSE debut

schedule 18 December 2023
Opr./edited by ANZ

Murapol has listed on the main market of the Warsaw Stock Exchange as of today. The debut on the Warsaw trading floor, which took place on Friday, is the culmination of the public offering of its shares, the value of which reached app. PLN 404 mln at the end of trading.

Investment & finance

Poland Karuzela and Mitiska REIM make plans together

schedule 12 December 2023
Opr./edited by ANZ

Karuzela Holding, together with its Belgian partner Mitiska REIM, plans to open six more joint developments between 2024 and 25. The new projects will bring the joint portfolio to 160,000 sqm of retail space.

Investment & finance

Poland Alior lends for the second time

schedule 11 December 2023
Opr./edited by ANZ

Panattoni has received its second loan in quick succession from Alior Bank. This time, the developer was granted financing of almost EUR 6.5 mln to build a BTS project for Air Spiralo, manufacturer of ventilation systems.

Investment & finance

Romania M Core acquires 25 retail parks

schedule 07 December 2023
Opr./edited by ANZ

Mitiska REIM has completed the sale of 25 retail parks in Romania to LCP Group, part of M Core, for EUR 219 mln. This is one of the largest retail real estate transactions in Romania.

Investment & finance

Poland Cavatina finalises purchase on ul. Chmielna

schedule 06 December 2023
Opr./edited by ANZ

As previously announced, Cavatina has purchased a site located in the centre of Warsaw at ul. Chmielna 75. The transaction amounts to more than PLN 145 mln. The group intends to develop a mixed-use project in this location, with a predominantly residential function.

Investment & finance

Latvia Six Sunly solar parks in Latvia

schedule 06 December 2023
Opr./edited by ANZ

Estonian renewable energy company and independent energy producer Sunly is planning to build six solar parks in Latvia with a total capacity of 52 MW. The construction is financed by Swedbank with EUR 22 mln. This is Swedbank’s biggest contribution to the solar park sector in Latvia.

Investment & finance

Croatia S Immo sells Eurocenter in Zagreb

schedule 04 December 2023
Opr./edited by ANZ

S Immo successfully concluded the disposal of the Eurocenter office building in Zagreb, Croatia. In addition to offices, the Eurocenter also includes a bank branch and a café and has a gross lettable area of around 9,000 sqm.

Investment & finance

Poland mBank provides loan for 7R

schedule 30 November 2023
Opr./edited by ANZ

7R has obtained a development loan for the 7R City Flex Katowice I project. The financing of EUR 15.5 mln was provided by mBank.

Investment & finance

Poland Galeria Tarnovia changes hands

schedule 30 November 2023
Opr./edited by ANZ

A London-based European investment company has finalised the purchase of Galeria Tarnovia, which is one of the biggest transactions on the Polish retail property market this year. The Tarnów mall has about 17,000 sqm of leasable space (36,500 sqm of total space).

Investment & finance

Poland Transaction at ul. Cybernetyki

schedule 27 November 2023

White Stone Development has sold two office buildings at Cybernetyki 7 Street. The Hol77 complex in Warsaw's Mokotów district has been purchased by Flora Development 22.

Investment & finance

Poland mBank to support MLP Group with EUR 12 mln

schedule 23 November 2023
Opr./edited by ANZ

mBank has provided MLP Group with financing of nearly EUR 12 mln. The funds raised will be used to refinance the construction of a 32,000 sqm warehouse facility at the MLP Pruszków II logistics centre.

Investment & finance

Poland Panattoni has borrowed from Alior

schedule 22 November 2023
Opr./edited by JC

Panattoni is developing a manufacturing plant for the Fortaco Group in Knurów near Gliwice. The construction of the factory has been financed by a loan from Alior Bank of over EUR 24 million.

Investment & finance

Poland Globalworth gets millions

schedule 20 November 2023
Opr./edited by JC

Globalworth has been granted funding in the form of a EUR 145 mln bank loan. The financing covers the Skylight and Lumen buildings on ul. Złota, as well as the Hala Koszyki.

Investment & finance

Czech Republic CTP gets money from pbb

schedule 16 November 2023
Opr./edited by JC

Pbb Deutsche Pfandbriefbank has provided a EUR 113 mln investment loan facility to CTP, which will be drawn down in phases. CTP will utilise the proceeds for the refinancing of a logistics portfolio in the Czech Republic.

Investment & finance

CEE Lucky quarter for Nepi

schedule 16 November 2023
Opr./edited by JC

Nepi Rockcastle’s net operating income rose 23 pct in the first nine months of 2023 to EUR 365 million, versus the same period of 2022. The main drivers of the strong performance were a combination of tenant sales performance and the contribution of the acquisitions completed in 2022.

Investment & finance

Poland EUR 75 mln for Cedet

schedule 09 November 2023
Opr./edited by ANZ

PBB Deutsche Pfandbriefbank has granted a 75 mln euro investment loan to a Polish company managed by Macquarie Asset Management. The loan will be used to refinance the Cedet office building in Warsaw.

Investment & finance

Europe Between uncertainty and optimism

schedule 08 November 2023
Opr./edited by ANZ

According to the latest report from PwC and the Urban Land Institute, 75 pct of real estate leaders agree current valuations “do not accurately reflect” all the challenges and opportunities in real estate, as a wedge continues to be driven between market price expectations and book valuations.

Investment & finance

Poland Stokado acquires Top Box

schedule 08 November 2023
Opr./edited by ANZ

Stokado, owned by Redefine Properties and Griffin Capital Partners, has acquired Top Box self-storage rental company. As a result, Stokado has added 4,500 sqm to its portfolio of operating assets and further 4,500 sqm to development pipeline.

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Edition 6 (308) June 2026

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