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Investment & finance

Lithuania Eften acquires three properties in sale and leaseback

schedule 02 April 2021

EfTEN Real Estate Fund 4 has acquired a complex of 3 commercial properties in Vilniusfrom Arginta Group, in a sale and leaseback transaction.

Investment & finance

POLAND Henley buys Poznań shopping centre

schedule 02 April 2021
Nathan North
deputy editor

London-based Henley Investments has entered the Polish market with the acquisition of Galeria Pestka in Poznań from Union Investment for an undisclosed sum.

Investment & finance

Poland Strong sales for Echo

schedule 01 April 2021

In 2020, Echo Investment recorded a profit of PLN 122 mln, resulting from the handover of 1,505 apartments, the rising value of its commercial developments and its Resi4Rent PRS projects.

Investment & finance

POLAND MAN Centre sold to French fund

schedule 30 March 2021
Nathan North
deputy editor

The MAN Truck & Bus Center in Małopole outside Warsaw has been sold for an undisclosed sum by industrial developer 7R to the Interpierre Europe Centrale fund, which is managed by Paris-based PAREF Gestion, part of investment and asset management company PAREF Group.

Investment & finance

CENTRAL EUROPE Immofinanz ups S Immo bid

schedule 29 March 2021
Nathan North
deputy editor

Immofinanz has raised its offer price to EUR 22.25 per share in its takeover bid for rival Austrian real estate investor S Immo.

Investment & finance

CZECH REPUBLIC CTP floats in Amsterdam

schedule 26 March 2021
Opr./edited by NN

Czech industrial developer CTP has listed on the Euronext Amsterdam stock exchange, issuing 397,017,000 shares priced at EUR 14 per share. This implies a market capitalisation for the company of EUR 5.6 bln.

Investment & finance

Europe CA Immo feeling confident

schedule 25 March 2021

CA Immo has released its results for 2020.

Investment & finance

Europe Mapletree raises EUR 507 mln for European office fund

schedule 25 March 2021

Mapletree Investments has closed the Mapletree Europe Income Trust (MERIT) with EUR 507 mln in equity.

Investment & finance

GTC unfazed by Covid

schedule 24 March 2021

GTC has published its year-end results. Its gross margin from rental activity came to EUR 119 mln in (EUR 128 mln in 2019), despite the EUR 15 mln impact of Covid-19.

Investment & finance

ROMANIA Immofinanz buys Bucharest Financial Plaza for EUR 36 mln

schedule 24 March 2021
Nathan North
deputy editor

Immofinanz has completed the acquisition of Bucharest Financial Plaza for app. EUR 36 mln from Banca Comercială Română (BCR), a subsidiary of Erste Group.

Investment & finance

Slovakia CTP buys Žilina Airport park

schedule 23 March 2021

CTP has bought an industrial park in Žilina near the Czech and Polish borders.

Investment & finance

Poland Neopark sold to Amundi

schedule 23 March 2021

The two-building Neopark office complex in Warsaw’s Służewiec district have been sold by Yareal to Amundi Real Estate for an undisclosed sum.

Investment & finance

HUNGARY GTC acquires Váci Greens D

schedule 22 March 2021
Nathan North
deputy editor

Globe Trade Centre has acquired the Váci Greens D office building in Budapest from SkyGreen Buildings for an undisclosed sum.

Investment & finance

Echo raises PLN 195 mln

schedule 18 March 2021

Echo Investment has placed bonds worth PLN 195 mln with institutional investors.

Investment & finance

CENTRAL EUROPE Watchdog to look into RPPK’s Immofinanz share purchase

schedule 17 March 2021
Nathan North
deputy editor

The Austrian Takeover Commission has decided to review whether an obligation was breached to launch a takeover offer for Immofinanz after the acquisition in February 2020 of a stake in the Austrian real estate company by RPPK Immo – a vehicle owned by Ronny Pecik and Peter Korbačka.

Investment & finance

CZECH REPUBLIC Nová Karolina Park sold as plans revealed for 200m Ostrava skyscraper

schedule 17 March 2021
Nathan North
deputy editor

Passerinvest has sold the Nová Karolina Park office building in Ostrava to local investment group RT Torax Group for an undisclosed sum.

Investment & finance

Europe All steam ahead for Trei

schedule 17 March 2021

Trei Real Estate saw its development portfolio rise in value by 33 pct to EUR 1.2 bln of which EUR 1 bln was invested in residential projects and around EUR 200 mln was invested in retail.

Investment & finance

romania Erste refinances Mitiska REIM

schedule 16 March 2021

Mitiska REIM has secured a EUR 123 mln senior debt facility from Erste Group Bank for its entire retail park portfolio in Romania.

Investment & finance

Romania One pays back its bonds

schedule 16 March 2021

One United Properties has announced that it has paid back EUR 20 mln to recoup its 4-year bonds ten months before their maturity.

Investment & finance

CENTRAL EUROPE Immofinanz launches S Immo takeover bid

schedule 15 March 2021
Nathan North
deputy editor

Immofinanz has announced a takeover bid for rival company S Immo, in the latest move in the labyrinthine game of thrones taking place between three of Austria’s real estate giants, all of which are also players in the CEE region.

Edition 11 (293) November 2024

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