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Investment & finance

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Investment & finance

Rolex changes hands

schedule 19 November 2019
Eurobuild CEE

POLAND AFI Europe has bought a period townhouse at the junction of ul. Nowy Świat and ul. Książęca in Warsaw.

Investment & finance

TLG to merge with Aroundtown

schedule 19 November 2019
Alex Hayes
journalist

EUROPE TLG Immobilien and Aroundtown have agreed on the terms of a merger whereby all the shares of TLG Immobilien will be replaced in new shares in the joint company based on an exchange of one share in TLG for 3.6 in Aroundtown.

Investment & finance

Adventum buys Köki

schedule 19 November 2019
Rafał Ostrowski
journalist

HUNGARY Adventum International has acquired the Köki Terminal shopping centre next to the Kőbánya-Kispest station in eastern Budapest.

Investment & finance

Covivio comes to Poland

schedule 19 November 2019
Rafał Ostrowski
journalist

POLAND Budget hotel chain B&B Hotels and European REIT Covivio have signed an agreement with Covivio to buy three hotels in Łódź, Warsaw and Kraków, as well as develop a further 1,500 rooms.

Investment & finance

Warsaw more attractive for investors

schedule 19 November 2019
Rafał Ostrowski
journalist

POLAND/EUROPE Warsaw has climbed seven places and is currently ranked the 14th most attractive city in Europe for investors in the latest “Emerging Trends in Real Estate – Europe 2019” ranking prepared by Urban Land Institute and PWC.

Poland's PRS sector looking attractive to German investors

schedule 15 November 2019
Alex Hayes
journalist

POLAND The country’s housing market is becoming increasingly attractive for institutional investors, claims a report by Trei Real Estate, Catella Residential Investment Management and Wüest Partner Deutschland. Rental rates for apartments in Warsaw, Wrocław, Gdańsk, Katowice, Kraków, Łódź and Poznań have risen on average by a quarter since 2014.

Investment & finance

Corees enters Polish property agency scene

schedule 14 November 2019
Opr./edited by AKL

POLAND A new agency has started operating on Poland’s commercial real estate market: Corees Polska – Commercial Real Estate.

Investment & finance

Apsys takes Posnania sole control with EUR 300 mln loan

schedule 13 November 2019
Nathan North
deputy editor

POLAND Apsys is refinancing its Centrum Posnania shopping centre development in Poznań with a 10-year EUR 300 mln senior loan from Allianz Real Estate.

Profits down for Budimex

schedule 12 November 2019
Eurobuild CEE

POLAND Budimex has published net revenues of PLN 5. 38 bln for the first three quarters of the year, which is similar to the figures for 2018.

Arcona buys Ukrainian investment land

schedule 12 November 2019
Alex Hayes
journalist

UKRAINE Arcona Property Fund has purchased two properties from Secure Property Development & Investment (SPDI) jointly valued at EUR 3.89 mln.

Investment & finance

High voltage deal for LG

schedule 08 November 2019
Rafał Ostrowski
journalist

POLAND LG Chem, part of LG Corporation, has been granted a EUR 250 mln loan from the European Bank for Reconstruction and Development to extend its lithium-ion battery factory in Wrocław.

Investment & finance

CPI buys Equator IV

schedule 08 November 2019
Alex Hayes
journalist

POLAND CPI Property Group (CPIPG) has completed the purchase of the Equator IV office building on Al. Jerozolimskie in central Warsaw.

Cromwell completes CPRF buy-out

schedule 08 November 2019
Rafał Ostrowski
journalist

POLAND Cromwell Property Group has announced today that it has completed the acquisition of all third party investor interests in the Cromwell Polish Retail Fund, which comprises comprise seven Polish shopping centres with a gross asset value of around EUR 600 mln.

Investment & finance

Gamers play the ownership game

schedule 07 November 2019
Opr./edited by TC

POLAND Computer games developer CD Projekt has bought a complex of buildings at ul. Jagiellońska 74 in Warsaw’s Praga Południe district.

Investment & finance

Cordia raises EUR 133 mln

schedule 07 November 2019
Alex Hayes
journalist

CEE REGION Futureal’s residential subsidiary Cordia has issued its first bonds on the Budapest Stock Exchange to finance its expansion across the CEE region.

Investment & finance

Globalworth to buy Chmielna 89 and Tischnera

schedule 04 November 2019
Alex Hayes
journalist

POLAND Globalworth has signed a preliminary agreement with Cavatina Holdings to acquire two office buildings that are under construction in Warsaw and Kraków. The deal is to close on their completion, which is scheduled for the first quarter of 2020.

Small businesses benefit from government largesse

schedule 31 October 2019
Eurobuild CEE

POLAND One year ago the government declared all of Poland to be a special economic zone (SEZ), making tax relief available to investors in every part of the country.

Investment & finance

Warta sells Warsaw building

schedule 30 October 2019
Opr./edited by AKL

POLAND Towarzystwo Ubezpieczeń i Reasekuracji Warta has finalised the sale of an office building at Al, Jerozolimskie 133a, west of Warsaw city centre, to an undisclosed buyer.

Investment & finance

Antares changes hands

schedule 29 October 2019
Alex Hayes
journalist

POLAND Futureal Group has acquired the Antares office building on ul. Marynarska in Warsaw. The building is to be modernised and repositioned and Cushman & Wakefield has been appointed as the exclusive leasing agent.

Real estate worth EUR 10 bln to be built

schedule 29 October 2019
Rafał Ostrowski
journalist

POLAND The development pipeline of top 30 developers in Poland comes to 230 office, retail, warehouse and hotel projects with an estimated investment cost of EUR 10 bln, accoridng to the ‘Property developers in Poland 2019-2023’ report by Spectis.

Edition 11 (293) November 2024

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