Investment & finance

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Investment & finance

CZECH REPUBLIC AFI buys Prague office park from Tristan

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

AFI Europe has signed an agreement to acquire Avenir Business Park in Nové Butovice (Prague 5) from UK investor Tristan Capital Partners for EUR 66.5 mln.

Investment & finance

POLAND Hungarian investor buys four Warsaw office buildings

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

Immofinanz has sold four office buildings in Warsaw with a total leasable area of around 45,000 sqm to Hungarian investment manager Indotek Group for EUR 72.5 mln.

Investment & finance

CENTRAL EUROPE S Immo rebuffs Immofinanz over cancelled AGM

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

S Immo has rejected a request from rival Austrian real estate company Immofinanz (which intends to make a takeover bid for S Immo) not to postpone its AGM, originally scheduled for April 30th 2021.

Investment & finance

Romania Mitiska refinances retail park portfolio

schedule 08 April 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

EUROPE InPost seals Mondial Relay takeover

schedule 08 April 2021
Opr./edited by NN

Polish courier company InPost has announced it has entered into a binding share purchase agreement for the acquisition of 100 pct of the share capital and voting rights of French rival Mondial Relay.

Investment & finance

CENTRAL EUROPE Immofinanz insists on S Immo shareholder meeting

schedule 08 April 2021
Opr./edited by NN

Immofinanz has requested that S Immo convenes an extraordinary shareholders’ meeting, at which the shareholders are to resolve an amendment to the latter company’s articles of association to cancel its maximum voting right as a condition to allow Immofinanz’s takeover offer for the company to go ahead.

Investment & finance

CENTRAL EUROPE Defamation lawsuit against CPI thrown out

schedule 08 April 2021
Opr./edited by NN

The New York State Court has dismissed a defamation lawsuit against CPI Property Group related to its 2013/14 acquisition of Orco Property Group.

Investment & finance

POLAND ASLI buys Panattoni Łódź City VIII for EUR 28 mln

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

UK investor Aberdeen Standard European Logistics Income PLC (ASLI) has signed an agreement for the acquisition of the Panattoni Łódź City VIII logistics park for EUR 28 mln.

Investment & finance

MBank to sell Kraków building

schedule 07 April 2021

mBank is to auction a 2,150 sqm office and service building at ul. Augustiańska in Kraków.

Investment & finance

CENTRAL EUROPE S Immo delays AGM to consider Immofinanz takeover

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

The management board and the supervisory board of S Immo have decided to postpone the 32nd annual general meeting of the company due to the imminent takeover bid by rival Austrian real estate company Immofinanz.

Investment & finance

CENTRAL EUROPE Pecik stays on as Immofinanz CEO

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

The resignation of Ronny Pecik as the CEO and member of the executive board of Immofinanz and the sale of his stake in the company has not taken place by the March 31st deadline set for the deal to go through.

Investment & finance

WORLD EQT seals USD 1.87 bln takeover of Exeter

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

Swedish fund manager EQT has completed its acquisition of US real estate investment manager Exeter Property Group, following the acceptance of all necessary closing conditions, including regulatory, anti-trust and fund investor clearances.

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
managing editor (English section)

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
managing editor (English section)

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
managing editor (English section)

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.

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Edition 6 (299) June 2025

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