Investment & finance

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Investment & finance

HUNGARY Futureal secures EUR 50 mln loan for Budapest One 3

schedule 28 September 2021
Nathan North
managing editor (English section)

Futureal has secured a loan of almost EUR 50 mln (app. HUF 17 bln) from Hungary-based MKB Bank to finance the third phase of its Budapest One office development.

Investment & finance

POLAND Globalworth sells five Warsaw buildings for EUR 123 mln

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

Globalworth has agreed to sell five Warsaw office buildings to 5th Corner for around EUR 123 mln.

Investment & finance

ROMANIA One United buys historic building

schedule 27 September 2021
Opr./edited by NN

One United Properties has bought an historic building at Strada Georges Clemenceau 2 in central Bucharest for EUR 4.9 mln.

Investment & finance

Poland LCP on spending spree

schedule 23 September 2021

The Pasaż Warmiński retail park in Lidzbark Warmiński has been purchased by LCP.

Investment & finance

Poland White Stone buys in Bielany

schedule 23 September 2021

White Stone has bought a second plot of land in the Huta Warszawa area of Warsaw’s Bielany district next to the Młociny metro station.

Investment & finance

POLAND Galeria Malta in Poznań changes hands

schedule 23 September 2021
Nathan North
managing editor (English section)

The Galeria Malta shopping centre in Poznań has been sold by Sierra Balmain. The buyer and the transaction price have yet to be disclosed.

Investment & finance

POLAND BentallGreenOak loaned EUR 90 mln for portfolio buy

schedule 21 September 2021
Nathan North
managing editor (English section)

PBB Deutsche Pfandbriefbank has provided a EUR 90 mln investment loan and VAT facility to BentallGreenOak for the acquisition of a Polish warehouse portfolio.

Investment & finance

Segro raises EUR 500 mln in green bond issue

schedule 20 September 2021

Segro has announced the launch and pricing of a ten-year, EUR 500 mln senior unsecured Green bond issue.

Investment & finance

CEE region EUR 200 mln refinancing for Accolade

schedule 20 September 2021

ČSOB and Unicredit Bank have granted Accolade refinancing for its parks in the Czech Republic worth EUR 150 mln (CZK 3.8 bln). This follows the investor’s refinancing of its Polish portfolio last year for EUR 153 million. Additionally, Accolade has announced that financing worth EUR 54 mln has also been granted by Aareal Bank.

Investment & finance

POLAND EQT Exeter buys Tristar portfolio

schedule 20 September 2021
Nathan North
managing editor (English section)

EQT Exeter has acquired a portfolio of five Polish warehouse properties from Tristan Capital Partners’ EPISO 4 fund and White Star Real Estate for an undisclosed sum.

Investment & finance

POLAND Adventum to buy Sky Tower skyscraper

schedule 14 September 2021
Eurobuild CEE

Adventum Group has signed a preliminary contract to buy all the shares owned by Develia in the Sky Tower office skyscraper in Wrocław for PLN 84.4 mln. The price will be reduced by the value of unsettled incentives for tenants, with the transaction set to be finalised by the end of this year.

Investment & finance

HUNGARY MNK Partners enters Hungary

schedule 13 September 2021
Opr./edited by NN

French real estate investor MNK Partners has bought a building of the Kodolányi János University on Frangepán utca in Budapest XIII, just north of the city centre.

Investment & finance

HUNGARY Investum buys another Budapest office building

schedule 09 September 2021
Nathan North
managing editor (English section)

The Árpád Center office building in Budapest has been sold by ConvergenCE to local investor Investum for an undisclosed sum.

Investment & finance

POLAND Adventum picks up Marynarska Point 1

schedule 06 September 2021
Nathan North
managing editor (English section)

Adventum Group has bought the Marynarska Point 1 office building in Warsaw from Savills Investment Management for an undisclosed sum. The purchaser has also revealed that it is poised to acquire another Warsaw building.

Investment & finance

LATVIA Eften buys four Riga buildings in largest deal to date

schedule 03 September 2021
Nathan North
managing editor (English section)

Eften has agreed to acquire the office section of the Jaunā Teika multi-functional district in Riga for its Eften Real Estate Fund 4 from its developer Hanner for EUR 131 mln – its largest acquisition to date.

Investment & finance

HUNGARY CA Immo sells Canada Square

schedule 02 September 2021
Opr./edited by NN

CA Immo has sold the Canada Square office building in Budapest to Hungarian investor Investum.

Investment & finance

POLAND DL City Zgorzelec in Czech hands

schedule 01 September 2021
Opr./edited by TC

DL Invest Group has finalised the sale of the DL City shopping centre in Zgorzelec in Lower Silesia to an undisclosed fund based in Prague. Although the value of the transaction has not been disclosed, Eurobuild has discovered that the return on equity of the transaction is 253 pct and the return on the investment comes to as much as 63 pct.

Investment & finance

POLAND Generali enters Polish logistics with 7R park purchase

schedule 01 September 2021
Nathan North
managing editor (English section)

Italian asset and fund manager Generali Real Estate has acquired 7R Park Gdańsk II in Gdańsk-Kowale on behalf of its pan-European Generali Real Estate Logistics Fund (GRELF) from Polish industrial developer 7R for an undisclosed sum.

Investment & finance

SLOVAKIA Garbe and Union fund buys first Slovak shed

schedule 01 September 2021
Nathan North
managing editor (English section)

Union Investment and Garbe have acquired the first logistics property in Slovakia for the German partnership’s UII Garbe Logistik Fonds investment fund.

Investment & finance

WORLD GLP enters partnership with AIA

schedule 30 August 2021
Opr./edited by NN

Hong Kong-based life insurer AIA Group has formed a strategic partnership with industrial developer GLP to invest in the logistics real estate sector globally.

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