Investment & finance

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Investment & finance

Romania One takes stake in Glass Rom

schedule 12 January 2021
Opr./edited by AH

Real estate developer One United Properties has taken a stake of over 20 pct in Glass Rom Impex, having purchased the shares from the owner of the company, Adrian Zamfir.

Investment & finance

CENTRAL EUROPE Starwood poised to launch CA Immo takeover bid

schedule 11 January 2021
Nathan North
managing editor (English section)

US financial investor Starwood intends to launch an anticipatory mandatory takeover offer for all CA Immo shares and convertible bonds not yet held by the company.

Investment & finance

Ronson buys Warsaw land

schedule 10 January 2021
Opr./edited by AH

Ronson Development signed has acquired 2,715 sqm on ul. Studzienna in Warsaw for PLN 13.5 mln net.

Investment & finance

Avison Young teams up with Limehouse to enter Hungary

schedule 09 January 2021
Opr./edited by AH

Avison Young has announced a strategic affiliation with real estate advisory and asset management group Limehouse, which will now run its advisory services in Hungary under the Avison Young brand.

Investment & finance

POLAND Yareal sells two Lixa buildings to Koreans for EUR 82.2 mln

schedule 04 January 2021
Nathan North
managing editor (English section)

Yareal has finalised the sale of the first phase the Lixa office complex in central Warsaw for EUR 82.2 mln to Hana Investment, a South Korean consortium represented by Commerz Real.

Investment & finance

CEE REGION GTC coping with portfolio value slide

schedule 31 December 2020
Opr./edited by NN

The value of Globe Trade Centre’s real estate portfolio is expected by the group to have decreased by app. EUR 74 mln in the three-month period ending December 31st, 2020 – a decline of 3.4 pct on the appraised value of EUR 2.161 bln at the end of September.

Investment & finance

CEE REGION Poland and Romania weather the storm

schedule 28 December 2020
Opr./edited by NN

The real estate investment volume for 2020 in the main CEE countries is expected to reach EUR 9.4 bln, a third down on last year’s figure, according to Cushman & Wakefield.

Investment & finance

POLAND GalCap picks up Koszykowa 54

schedule 22 December 2020
Nathan North
managing editor (English section)

Viennese real estate investor Galleon Capital Management (GalCap) has acquired the Koszykowa 54 office building in central Warsaw from the UBS Real Estate Kapitalanlagegesellschaft fund for an undisclosed sum.

Investment & finance

CZECH REPUBLIC Churchill Square sold in largest office deal of 2020

schedule 22 December 2020
Nathan North
managing editor (English section)

Penta Real Estate has sold the Churchill Square office complex in Prague to a joint venture between Českomoravská Nemovitostní (ČMN) and Middle Eastern investor Corporate Finance House Group (CFH) for more than CZK 4 bln (app. EUR 152 mln).

Investment & finance

Poland MIRA invests over EUR 300 mln in 2020

schedule 17 December 2020
Opr./edited by AH

MIRA Real Estate, which includes the former GLL Real Estate Partners, has continued to expand its presence in logistics real estate with more than EUR 300 mln in European transactions agreed over 2020.

Investment & finance

Czech Republic Aareal refinances two CTP parks

schedule 17 December 2020
Opr./edited by AH

Aareal Bank has arranged and underwritten the EUR 403.5 mln refinancing of two logistics and industrial parks in the Czech Republic on behalf of CTP.

Investment & finance

LITHUANIA Lords sells Vilnius SEB HQ to Luxembourg fund

schedule 17 December 2020
Nathan North
managing editor (English section)

Closed-ended real estate investment fund Lords LB Special Fund II has sold SEB Bank’s headquarter building in Vilnius to DEREIF SICAV FIS, which is managed by Luxembourgish asset and investment specialist REInvest Asset Management.

Investment & finance

Poland Warehouses stay top of the investment charts

schedule 16 December 2020
Opr./edited by AH

This year’s total commercial property investment volume in Poland is likely to be around EUR 5.5 bln, a 30 pct decrease year-on-year, according to the latest figures from Savills.

Investment & finance

Poland EIB supports Poland in battle with Covid

schedule 15 December 2020
Opr./edited by AH

The Polish Development Fund (Polski Fundusz Rozwoju - PFR) has issued debt securities with a nominal value of PLN 500 mln, which have been fully subscribed by the European Investment Bank (EIB).

Investment & finance

CEE region Office market in the doldrums

schedule 15 December 2020
Opr./edited by AH

The first three quarters of 2020 across the CEE saw a 37.5 pct decrease in overall office investment volumes compared to the same period of 2019, according to figures published by Colliers International.

Investment & finance

ROMANIA S Immo to buy Campus 6 second stage

schedule 14 December 2020
Nathan North
managing editor (English section)

Austrian-based real estate company S Immo is to acquire the Campus 6.2 and 6.3 office buildings in Bucharest from Skanska for an undisclosed sum.

Investment & finance

POLAND AFI buys T-Mobile Office Park for EUR 100 mln

schedule 14 December 2020
Opr./edited by NN

AFI Properties has signed an agreement to acquire T-Mobile Office Park in Warsaw for around EUR 100 mln.

Investment & finance

Czech Republic Accolade refinances four parks

schedule 14 December 2020
Opr./edited by AH

Česká Spořitelna bank has provided a refinancing loan to the Accolade Industrial Fund worth CZK 2 bln (app. EUR 76 mln) while Slovenská Sporiteľňa bank is helping the fund with its expansion in Slovakia.

Investment & finance

CEE REGION Cromwell buys EUR 113.2 mln Czech-Slovak portfolio

schedule 14 December 2020
Nathan North
managing editor (English section)

Cromwell European Real Estate Investment Trust has announced that it will be acquiring a portfolio comprising eleven Czech and Slovak logistics and light industrial properties with almost 125,500 sqm for EUR 113.2 mln from Arete Invest.

Investment & finance

Poland TDJ to remove PGO from stock exchange

schedule 10 December 2020
Opr./edited by AH

TDJ is to purchase the 30,157,629 outstanding shares in PGO for PLN 1.25 a share, which represents a 9.6 pct premium on the six-month average price.

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Edition 7 (300) July 2025

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