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Investment & finance

Poland Wiśniowy Business Park changes hands

schedule 15 January 2024
Opr./edited by ANZ

One of the buildings in Warsaw's Wiśniowy Business Park complex has changed ownership. The name the buyer, as well as the amount of the transaction were not disclosed.

Investment & finance

Poland Investment activity set to regain equilibrium

schedule 11 January 2024
Opr./edited by ANZ

Uncertainty and volatility have been the two dominant trends shaping the commercial real estate market and buyer sentiment in recent months. However, according to Trends Radar, the latest report from Cushman & Wakefield, the Polish market, whose fundamentals remain strong, is broadly expected to regain equilibrium.

Investment & finance

Poland Yareal obtains financing for Lixa

schedule 10 January 2024
Opr./edited by JC

Yareal Polska and BNP Paribas Bank Polska have successfully concluded credit agreements totaling EUR 63.8 mln, enabling the development of the Lixa office project.

Investment & finance

Poland Millions for Panattoni

schedule 10 January 2024
Opr./edited by JC

Panattoni has been awarded bank financing of around EUR 10 mln from Santander for the BTS development in Łubowo. The project will serve as the main European production plant for Maxcess.

Investment & finance

Serbia The largest single transaction in SEE

schedule 10 January 2024
Opr./edited by ANZ

Diofa Fund Management acquired Indotek’s Belgrade office portfolio including 11 premium office buildings in 5 business parks in Belgrade’s central business district.

Investment & finance

CEE 2024 will be better than expected

schedule 09 January 2024
Opr./edited by JC

Moody’s Investors Service in its latest report has maintained a stable outlook for CEE sovereigns' creditworthiness in 2024. This is driven by a robust macroeconomic outlook, limited economic scarring from Europe's energy crisis and the roughly unchanged fiscal strength of the region.

Investment & finance

Poland Suntago changes hands

schedule 05 January 2024
Opr./edited by JC

Centerbridge Partners is going to take control of Global Parks Poland, the owner of Suntago – the largest water entertainment park in Europe, located in Wręcza near Warsaw. The U.S. company has filed an application to the OCCP in this regard.

Investment & finance

Europe Another hundreds of millions on retail

schedule 27 December 2023
Eurobuild CEE

Mitiska REIM has announced the sale of five Belgian and five Portuguese retail parks to First Retail Partners, a newly established fund backed by Partners Group. The new fund has a gross asset value of around EUR 280 million and will be managed by Mitiska REIM and backed by Partners Group.

Investment & finance

Czech Republic Olympia changes hands

schedule 27 December 2023
Eurobuild CEE

Immofinanz took over two properties from its majority shareholder, CPI Property Group – the Olympia Plzen shopping center and the adjacent retail park, the total value of both properties is EUR 165.5 million.

Investment & finance

Romania Drim joins Żabka Group

schedule 21 December 2023
Opr./edited by ANZ

Żabka Group concluded the acquisition of a majority stake, forming a partnership with one of the leading FMCG distribution players in Romania – Drim Daniel Distributie. The transaction is subject to the customary regulatory approvals.

Investment & finance

Poland 25 million for Panattoni

schedule 21 December 2023
Opr./edited by JC

Panattoni has been awarded financing to develop Panattoni Park Łódź West II – one of the biggest industrial projects in the western part of Łódź. A loan of EUR 25 mln has been granted by mBank.

Investment & finance

Poland Panattoni sells two industrial parks

schedule 20 December 2023
Opr./edited by ANZ

Panattoni has finalised the sale of two industrial developments near to the administrative capital of the Lower Silesian region. Together, Panattoni Park Wrocław East, and Panattoni Park Wrocław S8 South comprise a total area of almost 43,000 sqm.

Investment & finance

Poland Ghelamco sells Warsaw Hub hotel tower

schedule 19 December 2023

Ghelamco has finalised the sale a high-rise building forming part of The Warsaw Hub complex, which houses the Crowne Plaza and Holiday Express Inn hotels, to French fund Corum XL for an undisclosed sum.

Investment & finance

Poland Vastint set to buy Arkady Wrocławskie

schedule 19 December 2023
Opr./edited by ANZ

Develia and Vastint Poland have signed a preliminary agreement for the sale of Arkady Wrocławskie. The net sale price was set at EUR 42.9 mln, or app. PLN 185.6 mln. The transaction is expected to be finalised by the end of August 2025.

Investment & finance

Poland Murapol makes its WSE debut

schedule 18 December 2023
Opr./edited by ANZ

Murapol has listed on the main market of the Warsaw Stock Exchange as of today. The debut on the Warsaw trading floor, which took place on Friday, is the culmination of the public offering of its shares, the value of which reached app. PLN 404 mln at the end of trading.

Investment & finance

Poland Karuzela and Mitiska REIM make plans together

schedule 12 December 2023
Opr./edited by ANZ

Karuzela Holding, together with its Belgian partner Mitiska REIM, plans to open six more joint developments between 2024 and 25. The new projects will bring the joint portfolio to 160,000 sqm of retail space.

Investment & finance

Poland Alior lends for the second time

schedule 11 December 2023
Opr./edited by ANZ

Panattoni has received its second loan in quick succession from Alior Bank. This time, the developer was granted financing of almost EUR 6.5 mln to build a BTS project for Air Spiralo, manufacturer of ventilation systems.

Investment & finance

Romania M Core acquires 25 retail parks

schedule 07 December 2023
Opr./edited by ANZ

Mitiska REIM has completed the sale of 25 retail parks in Romania to LCP Group, part of M Core, for EUR 219 mln. This is one of the largest retail real estate transactions in Romania.

Investment & finance

Poland Cavatina finalises purchase on ul. Chmielna

schedule 06 December 2023
Opr./edited by ANZ

As previously announced, Cavatina has purchased a site located in the centre of Warsaw at ul. Chmielna 75. The transaction amounts to more than PLN 145 mln. The group intends to develop a mixed-use project in this location, with a predominantly residential function.

Investment & finance

Latvia Six Sunly solar parks in Latvia

schedule 06 December 2023
Opr./edited by ANZ

Estonian renewable energy company and independent energy producer Sunly is planning to build six solar parks in Latvia with a total capacity of 52 MW. The construction is financed by Swedbank with EUR 22 mln. This is Swedbank’s biggest contribution to the solar park sector in Latvia.

Edition 7 (290) July 2024

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