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Investment & finance

CENTRAL EUROPE Immofinanz publishes S Immo takeover offer

schedule 20 May 2021
Nathan North
deputy editor

Immofinanz has published its takeover offer for rival Austrian real estate developer S Immo, with the offer price set at EUR 22.25 per share.

Investment & finance

CEE region GTC looks on the bright side

schedule 14 May 2021

GTC has announced a gross margin from rental activities of EUR 27 mln with an operating profit before tax and fair value adjustments of EUR 15 mln.

Investment & finance

Poland Adgar buys PDT for Brain Embassy

schedule 13 May 2021

Adgar Poland has bought the 10,000 sqm PDT Wola building in Warsaw's Wola district.

Investment & finance

POLAND Londoners buy Polish warehouse portfolio

schedule 12 May 2021
Nathan North
deputy editor

Polish Logistics has expanded its portfolio with the acquisition of five logistics parks in Poland from AEW Europe with a combined area of 208,992 sqm.

Investment & finance

ROMANIA Globalworth acquires Arad and Oradea parks

schedule 11 May 2021
Nathan North
deputy editor

Globalworth has acquired from its development partner Global Vision two industrial parks in western Romania with a combined area of 27,000 sqm for almost EUR 18 mln.

Investment & finance

ROMANIA Adventum purchases Hermès Business Campus

schedule 11 May 2021
Nathan North
deputy editor

Belgian developer Atenor has announced that an agreement has been reached to sell its subsidiary NGY Properties, the owner of Hermès Business Campus in Bucharest, to Adventum Group and its partners.

Investment & finance

CA Immo approves EUR 1 dividend

schedule 10 May 2021

At the annual general meeting of CA Immobilien Anlagen, the number of members sitting on the supervisory board was reduced from six to five.

Investment & finance

CEE region Q1 CEE investment at EUR 2 bln

schedule 07 May 2021

The investment volume across the CEE region for the first quarter comes to EUR 2 bln, according to figures from Cushman & Wakefield down by around 20 pct y-oy.

Investment & finance

POLAND Polish Q1 investment holds up – C&W

schedule 06 May 2021

The Q1 investment volume in Poland this year came in at 10 pct above the five-year first-quarter average at EUR 1.25 bln, according to Cushman & Wakefield.

Investment & finance

BALTIC STATES Eastnine buys Riga and Vilnius offices

schedule 04 May 2021
Nathan North
deputy editor

Swedish investor Eastnine has acquired two office properties in Riga and Vilnius from Vastint for EUR 35.5 mln

Investment & finance

POLAND LCP whets its appetite with Opolskie retail park purchase

schedule 30 April 2021
Nathan North
deputy editor

London & Cambridge Properties (LCP) has completed the purchase of a retail park in Strzelce Opolskie in southwest Poland, becoming the 64th convenience centre project in the group’s investment portfolio.

Investment & finance

Aupark Bratislava sold for EUR 450 mln

schedule 29 April 2021
Opr./edited by NN

Investment bank Wood & Company and Tatra Asset Management have acquired the Aupark Bratislava shopping centre from Unibail-Rodamco-Westfield for EUR 450 mln.

Investment & finance

HUNGARY GTC buys two Wing projects in Buda

schedule 28 April 2021
Nathan North
deputy editor

Globe Trade Centre (GTC) has added to its Hungarian office portfolio with the acquisition of two buildings for EUR 160 mln: the Ericsson and Siemens Evosoft HQs in the city.

Investment & finance

ROMANIA Uniqa picks up The Light One

schedule 27 April 2021
Nathan North
deputy editor

River Development has sold The Light One office building in Bucharest to Vienna-based investor Uniqa Real Estate for an undisclosed sum.

Investment & finance

POLAND ZFP adds Woloska 24 to portfolio

schedule 27 April 2021
Nathan North
deputy editor

Ghelamco has sold the Wołoska 24 office building in Warsaw to Czech investment fund ZFP realitní Fond for around EUR 60 mln.

Investment & finance

Bulgaria Massive loan for massive airport project

schedule 27 April 2021

Meridiam, Munich airport and the Austrian construction company Strabag have been granted a 35-year concession to run Sofia International Airport in a PPP arrangement.

Investment & finance

UK Czech and Slovakian investors bet on UK groceries

schedule 23 April 2021

VESA Equity Investment has increased its shareholding in UK grocery chain Sainsbury’s to just under 10 pct.

Investment & finance

SLOVAKIA EUR 116 mln loan for Eurovea 2

schedule 23 April 2021
Nathan North
deputy editor

Eurovea 2, a subsidiary of Slovakian developer J&T Real Estate (JTRE), has received a EUR 116 mln loan from a syndicate led by Tarta banka together with Slovenská sporiteľňa and UniCredit Bank for the extension of the Eurovea City multi-functional complex in Bratislava.

Investment & finance

POLAND Mennica Legacy Tower sale back on

schedule 23 April 2021
Nathan North
deputy editor

Mennica Polska (The Mint of Poland) has announced that it has reopened negotiations for the sale of Mennica Towers GGH MT – the special purpose vehicle jointly owned by Mennica and Golub GetHouse, which is itself the direct owner of the Mennica Legacy Tower office building in Warsaw.

Investment & finance

Immofinanz down a little

schedule 22 April 2021

Immofinanz made a loss of EUR 165.9 mln, which it blames on the Covid crisis.

Edition 11 (293) November 2024

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