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Investment & finance

CEE REGION Cromwell buys EUR 113.2 mln Czech-Slovak portfolio

schedule 14 December 2020
Nathan North
deputy editor

Cromwell European Real Estate Investment Trust has announced that it will be acquiring a portfolio comprising eleven Czech and Slovak logistics and light industrial properties with almost 125,500 sqm for EUR 113.2 mln from Arete Invest.

Investment & finance

Poland TDJ to remove PGO from stock exchange

schedule 10 December 2020
Opr./edited by AH

TDJ is to purchase the 30,157,629 outstanding shares in PGO for PLN 1.25 a share, which represents a 9.6 pct premium on the six-month average price.

Investment & finance

Europe EQT snaps up Apleona

schedule 09 December 2020
Opr./edited by AH

Apleona is to be acquired by French private-equity company PAI Partners from Swedish-based investment company EQT.

Investment & finance

Poland Land purchases to begin for Port Solidarność

schedule 07 December 2020
Opr./edited by AH

The government has announced its Voluntary Acquisition Programme (PDN) for purchasing the land on which the Port Solidarność, airport and transport hub is to be built. Those wishing to sell land within the designated area should apply to public company CPK. Land purchases are expected to continue until 2023.

Investment & finance

CEE REGION GTC issues EUR 110 mln of green bonds

schedule 07 December 2020
Nathan North
deputy editor

Globe Trade Centre’s Hungarian subsidiary, GTC Real Estate Development Hungary, has issued 792 senior unsecured ‘green bonds’ with a nominal value of HUF 50 mln each (app. EUR 140,000) and a total value of HUF 39.6 bln (app. EUR 110 mln).

Investment & finance

Waiting for the rebound

schedule 04 December 2020
Opr./edited by AH

By the end of the year, the Polish economy is expected to have contracted by 3-3.5 pct compared to 2019. Nevertheless, Poland’s GDP is expected to start growing again in 2021 and expand by around 4 pct in 2021, according to Cushman & Wakefield.

Investment & finance

Poland Cordia to finish Polnord takeover

schedule 04 December 2020
Opr./edited by AH

Cordia has applied to buy all the outstanding shares in Polnord in a public tender.

Investment & finance

Poland Tesco sells city sites to Echo

schedule 03 December 2020
Opr./edited by AH

Echo Investment has bought properties from the Tesco group in Poznań, Łódź and Kraków and is planning to use the sites for open city quarter placemaking projects with a total of 240,000 sqm of residential, office and retail space.

Investment & finance

POLAND Spark B sold to Stena for EUR 70 mln

schedule 03 December 2020
Nathan North
deputy editor

Skanska has sold the second building of the Spark office complex in Warsaw to Swedish company Stena Fastigheter for EUR 70 mln.

Investment & finance

World Savills IM foresees recovery

schedule 01 December 2020
Opr./edited by AH

Around 59 pct of global real estate investors expect real estate markets in Europe to recover in 2021, with 52 pct expecting the recovery to begin between Q2 and Q4 next year according to the latest research published by Savills IM in the 'Building resilience in global real estate portfolios' report.

Investment & finance

CEE REGION CTP raises EUR 400 mln in second green bond issue

schedule 01 December 2020
Nathan North
deputy editor

Czech industrial developer CTP carried out its second, EUR 400 mln, green bond issue on November 27th.

Investment & finance

EUROPE Savills IM partners with Vestas for EUR 226 mln logistics fund

schedule 30 November 2020
Nathan North
deputy editor

Savills Investment Management and Vestas Investment Management haves launched The Vestas European Strategic Allocation Logistics Fund (VESALF I).

Investment & finance

CZECH REPUBLIC IBC finally sold to Generali

schedule 30 November 2020
Nathan North
deputy editor

Generali Real Estate has finalised the acquisition of International Business Centre in central Prague for an undisclosed sum

Investment & finance

HUNGARY Resolution debuts on the Danube

schedule 23 November 2020
Nathan North
deputy editor

London-based Resolution Property has bought two office buildings in Budapest from Hungarian fund manager Adventum: Margit Palace and Buda Square. for an undisclosed sum.

Investment & finance

Poland Fuzja gains financing

schedule 20 November 2020
Opr./edited by AH

Echo Investment has been granted a loan by Bank Pekao to construct three office buildings in the mixed-use Fuzja project on ul. Tymienickiego in Łódź.

Investment & finance

ROMANIA Jupiter set for Supernova

schedule 20 November 2020
Nathan North
deputy editor

Austrian retail real estate investor Supernova has bought the Jupiter City shopping centre in Pitești from local company Mall Retail Rom, which is owned by Israeli concern Jupiter Group.

Investment & finance

POLAND Hines buys Wrocław mega-warehouse

schedule 17 November 2020
Nathan North
deputy editor

US investor Hines has acquired 123,500 sqm logistics park in Wrocław from GLL Real Estate Partners for an undisclosed sum.

Investment & finance

Investment volume hit hard by Covid

schedule 12 November 2020
Opr./edited by AH

Over Q3 2020, a transaction volume of around EUR 1 bln was traded bringing the total since the beginning of the year to EUR 4 bln, according to the latest figures from BNP Paribas.

Investment & finance

LATVIA Lords makes biggest Latvian office investment transaction of 2020

schedule 12 November 2020
Nathan North
deputy editor

Lords LB Baltic Green Fund (V) has bought an office complex housing Lativan bank Citadele's headquarters on Republikas Laukums square in Riga.

Investment & finance

POLAND Blackbrook picks up Amazon Poznań centre

schedule 10 November 2020
Nathan North
deputy editor

London-based Blackbrook Capital has announced the acquisition of a 100,000 sqm, class A logistics facility in Poznań from GLL Real Estate Partners for an undisclosed price.

Edition 11 (293) November 2024

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