Investment & finance

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Investment & finance

Poland Cavatina buys more land for Quorum development

schedule 16 August 2021

Cavatina Holding has bought land in Wrocław from Invest City for PLN 95 mln net.

Investment & finance

Latvia Akropolis to buy Alfa

schedule 10 August 2021

Akropolis Group is to buy the Alfa mall in Riga by acquiring all the shares of Delta Property from AMD Holding.

Investment & finance

CEE REGION Gazit offers to buy all Atrium shares

schedule 10 August 2021
Nathan North
managing editor (English section)

Israeli real estate company Gazit Globe has announced an offer to buy the remaining 25 pct of the shares it does not own in its CEE subsidiary Atrium European Real Estate at EUR 3.35 per share.

Investment & finance

Poland Zeitgeist comes to Kraków

schedule 09 August 2021

Zeitgeist Asset Management has just finalised the purchase of a privately-run student residence in Kraków from NNS.

Investment & finance

Poland Murapol prepares to launch on WSE

schedule 09 August 2021

Residential developer Murapol has submitted its prospectus to the Polish Financial Supervision Authority in preparation for its planned IPO.

Investment & finance

POLAND Okam buys 62 ha for huge Warsaw-Żerań project

schedule 04 August 2021
Nathan North
managing editor (English section)

Polish developer Okam has purchased a 62 ha brownfield site in Warsawʼs northeastern Żerań district. The details of the transaction have not been disclosed.

Investment & finance

Romania Hermes sale goes through

schedule 03 August 2021

Atenor has completed the sale of Hermes Business Campus in Bucharest, to Adventum Group.

Investment & finance

POLAND Palmira goes the last mile in Łódź

schedule 03 August 2021
Opr./edited by NN

German investor and asset manager Palmira Capital Partners has acquired a last-minute logisitcs facility in Łódź for its European Core Logistics Fund (ECLF) for an undisclosed sum.

Investment & finance

POLAND Reico buys Panattoni Park Tychy DC1

schedule 02 August 2021
Nathan North
managing editor (English section)

Czech real estate investment manager Reico IS ČS (part of the Erste banking group) has acquired Panattoni Park Tychy DC1 on behalf of its ČS Nemovitostní Fond (ČS Real Estate Fund) for an undisclosed sum.

Investment & finance

CEE REGION EBRD sells Globalworth stake to CPI and Aroundtown

schedule 27 July 2021
Nathan North
managing editor (English section)

The European Bank for Reconstruction and Development (EBRD) has agreed to sell its entire 5 pct stake in Globalworth Real Estate Investments to Zakiono Enterprises, which is owned by CPI Property Group and Aroundtown – a consortium that is currently engaged in a takeover bid for the Romanian-based company.

Investment & finance

ROMANIA Austrian office investors pump up the volume

schedule 20 July 2021
Opr./edited by NN

Almost EUR 300 mln was invested in Romanian real estate in H1 2021, according to figures provided by Cushman & Wakefield Echinox. A large contribution to the volume was provided by the increased activity of Austrian office investors.

Investment & finance

CEE REGION GTC goes for greener financing

schedule 19 July 2021
Nathan North
managing editor (English section)

Fresh from its successful EUR 500 mln green bond issue, its disposal of its Serbian portfolio and a number of acquisitions in Budapest, Eurobuild CEE asked Globe Trade Centre’s president, Yovav Carmi, and CFO Ariel Ferstman, about the company’s post-pandemic plans

Investment & finance

EUROPE CBRE GI secures EUR 200 mln from Koreans

schedule 16 July 2021
Opr./edited by NN

CBRE Global Investors has secured an additional EUR 200 mln commitment from South Korea’s Public Officials Benefit Association (POBA) to build a diversified European real estate portfolio.

Investment & finance

CENTRAL EUROPE S Immo sells CA Immo stake to Starwood

schedule 14 July 2021
Opr./edited by NN

S Immo has decided to sell its almost 6 pct stake in fellow Austrian real estate company CA Immo to US investor Starwood group, which is engaged in a takeover bid for CA Immo.

Investment & finance

HUNGARY M7 swoops for Terrapark

schedule 13 July 2021
Nathan North
managing editor (English section)

UK-based real estate investor and asset manager M7 Real Estate has acquired the Terrapark office complex in Budapest for an undisclosed sum, on behalf of its M7 CEREF II fund.

Investment & finance

CENTRAL EUROPE Griffin and Madison join forces for German entry

schedule 12 July 2021
Nathan North
managing editor (English section)

Warsaw-based investment manager Griffin Real Estate has announced a joint venture with US investor Madison International Realty to enter the German market with two logistics projects.

Investment & finance

Europe Preliminary figures looking good for S Immo

schedule 08 July 2021

S Immo AG expects a property evaluation of about EUR 130 mln, based on independent external appraisals.

Investment & finance

POLAND M7 adds Poznań shed to fund

schedule 08 July 2021
Nathan North
managing editor (English section)

UK-based M7 Real Estate has acquired a 20,000 sqm warehouse property near Poznań on behalf of its M7 CEREF II fund for an undisclosed sum.

Investment & finance

Europe Mondial Relay snapped up by InPost

schedule 06 July 2021

Courier company InPost has completed the takeover of Mondial Relay, a leading parcel courier in France.

Investment & finance

CENTRAL EUROPE Starwood ups CA Immo takeover offer

schedule 05 July 2021
Nathan North
managing editor (English section)

US property investor Starwood Capital Group has decided to increase the offer price for its public takeover of CA Immo from EUR 35 (dividend-adjusted) to EUR 37 per share.

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