Investment &amp; finance

Polish commercial property investment activity reached EUR 2.92 bln in H1 2020, up by almost 5 pct on the same period in 2019 – according to Savills.

POLAND Highest ever Polish r.e. investment volume in H1 2020

17 July 2020

A record high volume of EUR 3.5 bln of real estate transactions were closed in Poland in H1 2020, 30 pct higher than the same period last year, according to Avison Young.

SLOVAKIA Karimpol buys Bory Business Park

16 July 2020

Penta Real Estate has sold the Bory Business Park project in Bratislava to Karimpol Group for an undisclosed sum.

EUROPE European real estate investment down by 39 pct

16 July 2020

European real estate investment volumes came in at EUR 43 bln in Q2 2020 – a decrease of 39 pct on the same period last year, according to CBRE.

EUROPE Q1 real estate returns worst since 2012

15 July 2020

The INREV Quarterly Index for the first quarter of 2020 has revealed the initial signs of the negative effects of the Covid-19 pandemic on the European real estate sector, with the lowest quarterly performance since Q4 2012.

CEE REGION Goodman says goodbye to CEE portfolio

10 July 2020

Goodman European Partnership (GEP) has completed the sale of 26 logistics properties in Poland, Slovakia, Czech Republic and Hungary to GLP for around EUR 1 bln.

POLAND Chariot sells Katowice plot

10 July 2020

Chariot Top Group, a company managed by Griffin Real Estate, has sold a 1.8 ha investment plot on al. Górnośląska in Katowice to an undisclosed buyer,

ROMANIA NEPI Rockcastle and AFI agree new MOU

09 July 2020

NEPI Rockcastle and AFI Europe have entered into a new memorandum of understanding as a result of arbitration proceedings following AFI’s suspension of its takeover of NEPI Rockcastles’s Romanian office portfolio.

EUROPE Industrial yields fall below retail for first time

08 July 2020

Average prime industrial and prime shopping centre yields across mainland Europe have converged for the first time in recorded history, as demand for logistics soars due to the e-commerce boom, according to research by Savills.

ROMANIA NEPI Rockcastle portfolio sale hits the rocks

07 July 2020

AFI Europe’s EUR 300 mln deal to buy NEPI Rockcastle’s Romanian office portfolio has fallen through with the seller insisting that Covid-19 restrictions have prevented the purchase – a claim denied by NEPI Rockcastle, which is now demanding EUR 15 mln compensation from the Israeli-owned company.

ESTONIA East Capital fund buys SEB HQ for EUR 45.75 mln

06 July 2020

East Capital Real Estate IV has acquired SEB's head office in central Tallinn from Partners Group and Northern Horizon for EUR 45.75 mln.

POLAND Arrow takes aim at Poland

01 July 2020

Arrow Capital Partners has acquired Airport House in Warsaw for its USD 3 bln European Strategic Industrial Real Estate (SIRE) platform for an undisclosed sum.

POLAND Strong H1 volumes despite the virus

01 July 2020

An investment volume of EUR 2.9 bln was transacted on Polish real estate in the second best H1 on record, according to JLL.

POLAND Investor confidence set to recover – Cresa

30 June 2020

Opr./edited by RO

Despite the impact of the pandemic, Poland should continue to be an attractive commercial real estate investment destination, according to Cresa.

CZECH REPUBLIC City West C1 and C2 sold for CZK 2 bln

29 June 2020

Czech real estate group Českomoravská Nemovitostní (ČMN) has completed the CZK 2 bln (app. EUR 74.5 mln) acquisition of two office buildings: City West C1 and C2 in Prague’s western Stodůlky district.

POLAND Tomasz Trzósło approved as EPP CEO

29 June 2020

Opr./edited by RO

A general meeting of shareholders has approved the appointment of Tomasz Trzósło to the position of CEO of EPP.

POLAND Corum buys DSV ISS centre

22 June 2020

Opr./edited by RO

French investor Corum Asset Management has completed the acquisition of the new DSV International Shared Service Centre in Warsaw’s Mokotów business district from DSV in a sale-and-lease-back deal.

Hungary GalCap picks up Rumbach Center

19 June 2020

Vienna-based asset and investment manager GalCap Europe has acquired the Rumbach Center in Budapest’s central VII district for a German pension fund for an undisclosed sum.

Poland Reino teams up with Brits to buy Logistic City

18 June 2020

Reino Capital has announced that it has concluded the purchase of the Logistic City complex in Piotrków Trybunalski in central Poland for an undisclosed sum.

Poland Tesco to sell Polish business to Netto

19 June 2020