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Investment & finance

S Immo confident in spite of EUR 31.5 mln write-down

schedule 03 June 2020
Nathan North
deputy editor

CE REGION S Immo enjoyed good operational performance in Q1 2020, but was also impacted by a EUR 31.5 mln write-down in the value of its portfolio due to the pandemic.

Investment & finance

Equal Business Park from Cavatina to Apollo-Rida

schedule 03 June 2020
Nathan North
deputy editor

POLAND The Equal Business Park office complex in Kraków developed by Cavatina Holding has been sold for an undisclosed sum to a consortium managed by Apollo-Rida.

Investment & finance

CPI looking ahead to post-pandemic life

schedule 01 June 2020
Nathan North
deputy editor

CZECH REPUBLIC CPI Property Group saw its net profit increase by 118 pct y-o-y in Q1 2020 to EUR 62 mln.

Investment & finance

City One in Wrocław sold for EUR 33.8 mln

schedule 01 June 2020
Nathan North
deputy editor

POLAND Archicom has finalised the sale of the City One office building in central Wrocław to an undisclosed international institutional investor for EUR 33.8 mln.

Investment & finance

Immofinanz makes EUR 37 mln Q1 loss

schedule 01 June 2020
Nathan North
deputy editor

CE REGION Immofinanz suffered a net loss of EUR 37.6 mln in the first quarter of 2020 – down from a net profit of EUR 30.4 mln in Q1 2019.

Good Q1 for CA Immo

schedule 29 May 2020
Nathan North
deputy editor

CE REGION CA Immo’s results in the first quarter were “barely affected by the Covid-19 pandemic” and showed a significant increase in net income, according to the company.

Investment & finance

Green light for Optima to take over GTC

schedule 28 May 2020
Nathan North
deputy editor

POLAND/HUNGARY Globe Trade Centre has announced that it has received approval from the Polish anti-trust authorities for its takeover by Optimum Ventures Magántőkealap.

Investment & finance

Adventum adds fourth building to Polish portfolio

schedule 28 May 2020
Nathan North
deputy editor

POLAND Budapest/Malta-based investment fund manager Adventum International has acquired the Centrum Orląt office building in Wrocław from EFL Service for an undisclosed sum.

Investment & finance

Recovery faster than credit crunch - Savills

schedule 28 May 2020
Nathan North
deputy editor

EUROPE European real estate investment activity is set to plummet by 50 pct before rebounding sharply within the next 12 months, according to Savills.

Investment & finance

EPG buys 12.3 pct stake in Capital Park

schedule 27 May 2020
Nathan North
deputy editor

POLAND Stockholm-based real estate investor and fund manager Europi Property Group has acquired a 12.31 pct stake in Polish office and mixed-use developer Capital Park.

Investment & finance

RF Corval pulls plug on Buma takeover

schedule 21 May 2020
Nathan North
deputy editor

POLAND Reino Capital has announced in a statement to the Warsaw Stock Exchange that Australian investor RF Corval has pulled out of the two companies’ PLN 1.3 bln joint buy-out of Polish developer Buma.

Investment & finance

Nemo takes over Nestlé HQ

schedule 20 May 2020
Nathan North
deputy editor

CZECH REPUBLIC The Nemo real estate fund has acquired the Mezi Vodami 31 office building in Modřany in Prague 12.

Wing raises EUR 156 mln in bond auction

schedule 19 May 2020
Nathan North
deputy editor

HUNGARY Hungarian real estate group Wing has raised HUF 54.7 bln (app. EUR 156 mln) from a bond auction, according to a communiqué posted on the Budapest Stock Exchange website.

Immofinanz expecting portfolio depreciation

schedule 14 May 2020
Nathan North
deputy editor

EUROPE Immofinanz is expecting a devaluation of its standing assets of EUR 45 mln due to the Covid-19 pandemic.

Investment & finance

Contera secures EUR 155 mln loan

schedule 14 May 2020
Nathan North
deputy editor

CZECH REPUBLIC Czech industrial developer Contera Management has secured a syndicated loan from ČSOB and Komerční banka of EUR 155 mln.

Investment & finance

Middle-Eastern investor buys Warsaw palace

schedule 14 May 2020
Nathan North
deputy editor

POLAND Beirut-based FFA Real Estate has bought the Młodziejewski Palace (Pałac Młodziejowskiego) in Warsaw from German investment fund Patrizia for an undisclosed sum.

Metso takes out EUR 100 mln loan

schedule 07 May 2020
Nathan North
deputy editor

EUROPE Finnish industrial equipment supply company Metso Corporation has been granted a EUR 100 mln, two-year term loan from Nordea Bank, to help prepare for the impact of the Covid-19 pandemic on its business. The loan is expected to be drawn soon.

Investment & finance

Three buildings sold by Penta in 2020

schedule 07 May 2020
Nathan North
deputy editor

SLOVAKIA/POLAND Slovakian developer Penta Real Estate has closed the sale of three office buildings since the beginning of the year.

Investment & finance

Atrium “weathering the storm”

schedule 07 May 2020
Nathan North
deputy editor

CEE REGION Atrium European Real Estate has reported a 21.4 pp fall in net rental income for Q1 2020.

CEE and SEE investment more vulnerable to the crisis – RCA

schedule 30 April 2020
Nathan North
deputy editor

EUROPE The sudden slowdown in real estate investment in March after the onset of the Covid-19 pandemic along with the sharp upturn in withdrawn transactions are signals of a significant shrinkage in activity ahead of us – according to Real Capital Analytics’ ‘European Capital Trends’ report for Q1 2020.

Edition 11 (293) November 2024

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