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Investment & finance

Romania EUR 110 mln acquisition for WDP

schedule 19 July 2024
Opr./edited by ANZ

WDP has acquired a portfolio in Romania comprising properties with a leasable area of app. 136,000 sqm and a large plot for a future development with a total potential of more than 300,000 sqm gla. The value of the transaction comes to app. EUR 110 mln.

Investment & finance

Croatia S Immo says goodbye to Croatia

schedule 16 July 2024
Opr./edited by ANZ

S Immo has completed the sale of the HOTO Business Tower in Zagreb. The office building is located on the south-western edge of the central business district of the Croatian capital and comprises a total leasable area of around 15,500 sqm.

Investment & finance

Romania Revetas sells Landmark

schedule 15 July 2024
Opr./edited by JC

Revetas Capital announces the disposal of the office park The Landmark in Bucharest to Vectr Holdings, through its subsidiary Vectr Realty. Developed in 2017, the complex offers 23,700 sqm of office space.

Investment & finance

Poland Vis à Vis changes hands

schedule 15 July 2024
Opr./edited by JC

Precordia Capital and Septyma have become holders of 66 pct of shares in the convenience retail park Street Mall Vis à Vis Wilanów. They acquired the shares from Capital Park.

Investment & finance

Poland LifeSpot looks to expand

schedule 11 July 2024
Opr./edited by JC

LifeSpot, owned by funds managed by Ares Management and Griffin Capital Partners, has secured access to further capital from both parties. The investment will be used to support the development of rental housing and expand the platform’s presence within Poland’s private rental sector.

Investment & finance

Poland Xior has bought LivinnX

schedule 08 July 2024
Opr./edited by JC

On behalf of private investors, together with CA Ventures and Golub & Co., Savills has completed the sale of LivinnX, a PBSA building in Kraków. The buyer is Xior.

Investment & finance

Czech Republic Czech crowns from Accolade

schedule 08 July 2024
Opr./edited by JC

Accolade has become the first issuer of green bonds in the Czech currency. Initially, the planned issue of CZK 1.5 billion was sold out within a week, which is why the company decided to double the volume.

Investment & finance

Poland New player on the Warsaw PBSA market

schedule 04 July 2024
Opr./edited by ANZ

BPI Real Estate Poland, in cooperation with Acteeum Group, has sold a plot of land in Warsaw to Romanian-Belgian developer Speedwell. The transaction inaugurates Speedwell's activities on the Polish real estate market. The company will develop its first private student house in Poland.

Investment & finance

Czech Republic Komerční banka sales iconic Wenceslas Square office building

schedule 03 July 2024
Opr./edited by ANZ

The City of Prague has purchased the historic building at Václavské náměstí 42 for more than CZK 3.3 bln (EUR 131 mln). Prague intends to move several hundred of its officials from various locations into the office building. The seller was Komerční banka.

Investment & finance

Poland Refield sells a package of retail properties

schedule 02 July 2024
Opr./edited by ANZ

Two more retail parks, Pasaż Kępiński and Pasaż Grodziski, have passed into the hands of investment fund Falcon Investment Management. Earlier, the fund acquired Pasaż Golubsko-Dobrzyński in 2022. The total value of the transaction amounts to more than PLN 150 mln.

Investment & finance

Poland Lastadia changes hands

schedule 27 June 2024
Opr./edited by ANZ

SCPI Transitions Europe managed by Arkéa Real Estate Investment Management has acquired Lastadia Office, a fully let office building located on an island by the western bank of the Oder River in Szczecin. The vendor was Greenstone Asset Management.

Investment & finance

Poland BGK is financing in Silesia

schedule 24 June 2024
Opr./edited by JC

Panattoni has been granted EUR 16.5 mln in financing from Bank Gospodarstwa Krajowego for the development of its Panattoni Park Ruda Śląska IV project. Construction work was launched in March on 34,000 sqm of warehousing space.

Investment & finance

Poland CTPark Warsaw West will be bigger

schedule 18 June 2024
Opr./edited by ANZ

CTP has purchased an 85,000 sqm investment plot in the Wiskitki municipality near Warsaw. The purchase of the land will allow the company to expand the CTPark Warsaw West complex by an additional 36,000 sqm.

Investment & finance

Poland Liberty Residence with a new owner

schedule 17 June 2024
Opr./edited by JC

Resi Capital has acquired a plot of land at the junction of Grzybowska and Żelazna Streets in Warsaw. According to the preliminary concept presented, Liberty Residence is to be a high-rise project and will deliver around 500 flats.

Investment & finance

Poland Panattoni has financing for another park

schedule 17 June 2024
Opr./edited by JC

Panattoni has been granted bank financing for Panattoni Park Zgierz. The EUR 23.3 mln loan was issued by PKO Bank Polski.

Investment & finance

Poland Immofinanz sells Warsaw office complex to Echo

schedule 14 June 2024
Opr./edited by ANZ

Immofinanz has finalised the sale of the three Empark office buildings in Warsaw's Mokotów district to Archicom for EUR 28.5 mln. 

Investment & finance

Poland Eastnine buys from Skanska (again)

schedule 11 June 2024
Opr./edited by JC

Skanska has sold the Nowy Rynek E office building for over EUR 79 mln. The buyer is Eastnine AB, a Swedish real estate company focused on office premises at selected markets in the Baltics and Poland.

Investment & finance

Poland mBank finances four retail parks

schedule 10 June 2024
Opr./edited by JC

Mitiska REIM has secured a EUR 40 million refinancing with mBank for a portfolio of four Polish food-anchored retail parks. Representing a combined GLA of nearly 34,000 sqm, the convenience centers are located in the cities of Września, Turek, Lubliniec and Wodzisław Śląski.

Investment & finance

Poland Retail park in Bielsko-Biała is sold

schedule 06 June 2024
Opr./edited by ANZ

A retail park in Bielsko-Biała being developed on the site of a Tesco shop on ul. Warszawska, has a new owner. Redkom Development, responsible for the construction and commercialisation of the facility, has sold the project to Newgate Investment.

Investment & finance

Czech Republic Czechs are still moody

schedule 04 June 2024
Opr./edited by JC

Despite the current weakening of investment activity in the CEE region, investment volumes in commercial real estate in the Czech Republic posted a 36 pct year-on-year increase in Q1 2024. Colliers informs that a total of EUR 545 million in capital was invested in the Czech Republic during this period.

Edition 11 (293) November 2024

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