Investment & finance

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Investment & finance

World Bank finances Iași technology complex

schedule 21 April 2021

IFC, a member of the World Bank Group, is to lend Iulius Holding EUR 72 mln for the construction of a 60,000 sqm information technology complex in Iași.

Investment & finance

Romania Portico sells to Praktiker and Lidl

schedule 21 April 2021

Portico Investments has sold six retail buildings with a total retail space of over 16,000 sqm.

Investment & finance

ROMANIA One plans IPO

schedule 20 April 2021

Developer One United Properties is to sell its shares on the main market of the Bucharest Stock Exchange.

Investment & finance

POLAND M7 buys Silesian Duo

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

UK investment group M7 Real Estate has acquired two urban logistics parks for its M7 CEREF II Fund in Silesia from Polish industrial developer 7R.

Investment & finance

CEE REGION CPI launches Globalworth takeover

schedule 14 April 2021
Nathan North
managing editor (English section)

Czech real estate investor CPI Property Group has formed a joint venture consortium with German counterpart and fellow Globalworth shareholder Aroundtown to buy the entire share capital of Globalworth.

Investment & finance

CENTRAL EUROPE MLP loaned EUR 73.4 mln from BNP and PKO

schedule 14 April 2021
Nathan North
managing editor (English section)

Subsidiaries of Polish industrial developer MLP Group have secured EUR 73.4 mln of financing for its portfolio from a consortium of Bank BNP Paribas and PKO Bank Polski.

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.

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