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Investment & finance

Poland mBank finances Panattoni in TriCity

schedule 23 October 2023
Opr./edited by ANZ

Panattoni has been awarded a loan of over EUR 32 mln from mBank for the development of a 50,000 sqm building in Panattoni Park Tricity East V. Regesta is to operate its largest logistics centre in Poland from the new hall.

Investment & finance

POLAND Octava offloads Obrzeżna Center

schedule 23 October 2023
Opr./edited by NN

Warsaw-based investor Octava Property Trust has sold the Obrzeżna Center office building in Warsaw to an undisclosed Polish company.

Investment & finance

Romania Real estate benefiting from foreign capital inflow

schedule 12 October 2023
Opr./edited by ANZ

The real estate and construction sector attracted app. EUR 1.2 bln of foreign direct investments in 2022, as the share of this economic activity in the overall FDI stock stood at 17.2 pct at the end of 2022, according to the Cushman & Wakefield Echinox.

Investment & finance

POLAND Archicom raises 220m in share issue

schedule 04 October 2023
Opr./edited by NN

Echo Investment Group’s residential division Archicom has raised PLN 220 mln in a new share issue. Archicom will use most of the capital raised to purchase plots for its future projects.

Investment & finance

POLAND Yareal Polska obtains €45m investment loan

schedule 04 October 2023
Opr./edited by NN

Yareal Polska has secured a EUR 45 mln five-year investment loan from Pbb Deutsche Pfandbriefbank, part of which is to be used to refinance the company’s Lixa C office development in Warsaw.

Investment & finance

CZECH REPUBLIC Upvest and Lincoln strike for Zirkon

schedule 04 October 2023
Opr./edited by NN

Českomoravská Nemovitostní (ČMN) has sold the Zirkon Office Center in Prague's Karlín district to a joint venture between local investment platform Upvest and US investor Lincoln Property Company for an undisclosed sum.

Investment & finance

Europe Fundraising for MEREP 3 reaches EUR 168 mln

schedule 28 September 2023
Opr./edited by ANZ

Mitiska REIM, the investor in European convenience real estate, has announced that fundraising for its third flagship fund, Mitiska European Real Estate Partners 3, has now reached EUR 168 mln. The fund has already closed three investments since the beginning of this year, representing a third of capital raised so far.

Investment & finance

Poland & Baltics AEI issues more green bonds for solar plants

schedule 20 September 2023
Opr./edited by JC

Atsinaujinančios Energetikos Investicijos has announced a EUR 13.22 mln green bond issue with a 10 pct yield and which is to mature in December 2025. The company will invest the money to build solar power plants in Poland.

Investment & finance

Poland Partners and Peakside pick up Okęcie site

schedule 19 September 2023
Opr./edited by ANZ

Partners Group and Peakside Capital Advisors have successfully completed the purchase of a 5 ha plot in Warsaw’s Okęcie district for the development of a last-mile urban logistics project.

Investment & finance

Romania The investment market decline

schedule 19 September 2023
Opr./edited by ANZ

The number of sold properties increased in Romania in H1 2023, but the average price per asset decreased by more than 50 pct according to data from the Cushman & Wakefield Echinox real estate consultancy company.

Investment & finance

Hungary Skanska sells H2Offices

schedule 19 September 2023
Opr./edited by ANZ

Skanska has sold the first phase of its H2Offices complex in Budapest to Erste Open-Ended Real Estate Investment Fund, represented by Erste Alapkezelő Zrt. This is the third acquisition that the purchaser has made from Skanska Hungary, after acquiring Nordic Light in 2016 and Mill Park in 2018.

Investment & finance

Poland GLP seals 7R park purchase

schedule 18 September 2023
Opr./edited by ANZ

7R has finalised the sale of 7R City Flex Gdańsk II to GLP Europe. The facility comprises 11,000 sqm, currently fully leased by brands from the food and FMCG sectors.

Investment & finance

Poland Leclerc picks up former Tesco

schedule 15 September 2023
Opr./edited by ANZ

E.Leclerc has bought a retail property in Jelenia Góra from Tesco. The building is currently undergoing revitalisation work to transform it into a 24,500 sqm convenience shopping centrre

Investment & finance

Czech Republic Kaprain buys Libeň site for new district

schedule 14 September 2023
Opr./edited by NN

Czech Investment group Kaprain has acquired a 5.3 ha brownfield site in Libeň (Prague 9) from Howden ČKD Compressors.

Investment & finance

Poland Hillwood builds, Pekao finances

schedule 11 September 2023
Opr./edited by ANZ

Hillwood Polska has signed loan agreements with Bank Pekao SA for the construction of three warehouse parks - in Częstochowa, near Rawicz and in Łazy near Warsaw - granting a total loan of more than EUR 89 mln.

Investment & finance

Germany Garbe buys brownfield east of Würzburg

schedule 05 September 2023
Opr./edited by ANZ

Garbe has acquired a plot of land located some 30 km east of Würzburg. A logistics centre with a total area of around 16,000 sqm is to be built on it. Construction is scheduled to start in Q2 of 2024, with an investment volume of around EUR 25 mln.

Investment & finance

Poland Irish investor buys Gorzów mall

schedule 01 September 2023
Eurobuild CEE

Galeria Askana in Gorzów Wielkopolski has been acquired by Polprop 4, an SPV owned by Irish investor John Patchell, for an undisclosed sum. The new owner plans to double the value of the shopping centre within 2 to 3 years.

Investment & finance

Poland Giant loan for Panattoni

schedule 01 September 2023
Opr./edited by ANZ

Panattoni has received financing from BNP Paribas Bank Polska for the largest industrial park in Bydgoszcz, Panattoni Park Bydgoszcz IV.

Investment & finance

RO MAN IA Profitable H1 for One United

schedule 30 August 2023
Opr./edited by NN

Romanian developer One United Properties generated a gross profit of EUR 69.8 mln and a consolidated turnover of EUR 171 mln in H1 2023 – up by 17 pct and 26 pct y-o-y respectively.

Investment & finance

Poland P3 buys 30 ha near Poznań

schedule 29 August 2023
Opr./edited by ANZ

P3 Logistic Parks has acquired a 30-hectare site in Dachowa near Poznań. The newly acquired plot will be used to build the P3 Poznań III park, which will complete the developer's portfolio in the Wielkopolska region.

Edition 4 (287) April 2024

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