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Investment & finance

Investment down but not out

schedule 09 October 2020
Opr./edited by AH

The investment volume on the Polish commercial property market is estimated to have reached EUR 1.05 bln in Q3 2020.

Investment & finance

CZECH REPUBLIC Sekyra buys Wenceslas Square townhouse

schedule 09 October 2020
Nathan North
deputy editor

Sekyra Group has bought the ornate Stýblův dům townhouse on Wenceslas Square in Prague for around CZK 450 mln (app. EUR 16.6 mln).

Investment & finance

EUROPE CPI launches takeover of Nova RE

schedule 09 October 2020
Nathan North
deputy editor

Czech-based CPI Property Group has submitted a binding offer to participate in a capital increase of Italian real estate investment company Nova RE SIIQ.

Investment & finance

Europe Investment set to recover

schedule 08 October 2020
Opr./edited by AH

Investment activity in commercial property in Europe is expected to rebound to EUR 100 bln in Q4, following a robust recovery in large deals in Q3.

Investment & finance

Czech Republic Financing for Futurama

schedule 07 October 2020
Opr./edited by AH

Pbb Deutsche Pfandbriefbank (pbb) and Helaba have jointly refinanced Futurama Business Park in Prague with a EUR 107.5 mln loan for Caerus Investment Management (Caerus IM) on behalf of a separate account client.

Investment & finance

POLAND NY court to hear appeal against CPI case dismissal

schedule 07 October 2020
Opr./edited by NN

Kingstown companies Investhold and Verali, who in April 2019 filed a lawsuit in the Southern District of New York against CPI Property Group, its majority shareholder Radovan Vítek and other accused parties, are appealing against the dismissal of the case.

Investment & finance

POLAND Kingstone IM enters Poland with Katowice purchase

schedule 07 October 2020
Opr./edited by NN

Munich-based Kingstone Investment Management has entered the Polish market with the acquisition of a site in Katowice.

Investment & finance

CZECH REPUBLIC IBC sold to Generali for EUR 70.3 mln

schedule 06 October 2020
Nathan North
deputy editor

Mint Investments has announced that it has sold the International Business Center office building in Prague’s Karlín district to Generali Real Estate Core+ Fund for a reported CZK 1.9 bln (app. EUR 70.3 mln).

Investment & finance

CTP issues bonds worth EUR 650 mln

schedule 06 October 2020

CTP issued green bonds worth EUR 650 mln on October 1st 2020 – the largest debut issue by a CEE real estate company.

Investment & finance

SLOVAKIA Tatra Banka selling Bratislava offices

schedule 05 October 2020
Opr./edited by NN

Tatra Banka has put up for sale one of the office buildings of its TatraCity complex near Bratislava city centre.

Investment & finance

Croatia CA Immo sells Zagrebtower

schedule 01 October 2020
Opr./edited by AH

CA Immo has exited the country with the sale of the Zagrebtower office building to S Immo.

Investment & finance

ROMANIA EUR 170 mln loan for AFI Europe’s record transaction

schedule 28 September 2020
Opr./edited by NN

AFI Europe’s recent EUR 307 mln acquisition of four Romanian office complexes from Nepi Rockcastle – the biggest deal in the history of the sector in the country – was part-financed by a syndicated EUR 170 mln loan from Erste Bank Group AG, Pbb Deutsche Pfandbriefbank and Banca Comercială Română.

Investment & finance

CEE Europe CTP to issue green bonds

schedule 28 September 2020
Nathan North
deputy editor

Czech-based industrial developer CTP Invest is planning to issue fixed rate senior unsecured notes and has mandated several banks to arrange a series of fixed income investor meetings across Europe.

Investment & finance

POLAND Echo enjoys 17 pct rise in portfolio value over H1

schedule 24 September 2020
Opr./edited by NN

Polish developer Echo Investment generated a net profit of PLN 10.4 mln in Q2 2020, mainly due to the appreciation in the value of its projects under construction and the handover of 222 apartments to buyers.

Investment & finance

CZECH REPUBLIC Portivo picks up Brno Mall

schedule 21 September 2020
Nathan North
deputy editor

Czech investment group Portiva and Micronix have bought the Central Kladno shopping centre in Brno from Crestyl for CZK 2 bln (app. EUR 74.8 mln).

Investment & finance

CZECH/ SLOVAKIA/ UK Vesa starts buying at Sainsbury’s

schedule 21 September 2020
Nathan North
deputy editor

Prague-based Vesa Equity Investment has announced the acquisition of a 3.05 pct share in British supermarket chain Sainsbury’s, becoming its fourth largest shareholder.

Investment & finance

POLAND Madison buys Chmielna 89 stake

schedule 18 September 2020
Nathan North
deputy editor

A fund managed by US investor Madison International Realty has bought a 65 pct stake in the newly completed Chmielna 89 office project in central Warsaw from Cavatina Holding.

Investment & finance

CENTRAL EUROPE Trei takes out EUR 54 mln loan from Helaba

schedule 17 September 2020
Opr./edited by NN

Düsseldorf-based retail park developer Trei Real Estate has been granted an unsecured EUR 42 mln loan from German bank Helaba.

Investment & finance

ROMANIA Romanian RE investment rockets despite the pandemic

schedule 14 September 2020
Opr./edited by NN

More than EUR 400 mln worth of real estate transactions closed in Romania the last weeks, confirming both that the investment market in the country has remained vigorous during the pandemic and that it is no longer just seen as a fringe Central European market, according to Cushman & Wakefield Echinox.

Investment & finance

ROMANIA SIF Banat-Crișana makes largest ever land purchase

schedule 10 September 2020
Nathan North
deputy editor

Closed-end investment company SIF Banat-Crișana has agreed to buy for an undisclosed sum a 99.92 pct stake in South Korean-owned metallurgical firm Doosan IMGB.

Edition 11 (293) November 2024

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