Investment & finance

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Investment & finance

Green light for Kaufland to buy Tesco stores

schedule 27 February 2020
Eurobuild CEE

POLAND The Polish Office for Competition and Consumer Protection (UOKiK) has consented to the acquisition of four Tesco supermarkets by Kaufland Polska Markety.

Investment & finance

Land supply squeezed

schedule 27 February 2020
Eurobuild CEE

POLAND. With a limited supply of development land plots, prices will continue to rise, predicts Knight Frank.

Investment & finance

Offices and warehousing outperforming retail

schedule 27 February 2020
Eurobuild CEE

POLAND Although the retail sector significantly weakened over Q4 2019, The markets for office and warehouse space remained stable in Poland, according to the latest RICS Poland Commercial Property Monitor.

Investment & finance

Atrium to diversify into PRS

schedule 26 February 2020
Alex Hayes
journalist

CEE REGION Shopping centre manager and investor Atrium has announced with its annual results that it is to enter the private rental sector market and intends to buy a residential building in Warsaw with around 900 apartments.

Investment & finance

Reino and CorVal take on Buma

schedule 25 February 2020
Eurobuild CEE

POLAND Reino has purchased ten properties from Buma for its Luxemburg based fund Reino RF CEE Real Estate SCA SICAV-RAIF, which it set up through its partnership with RF CorVal.

Investment & finance

GTC borrows EUR 130 mln

schedule 24 February 2020
Eurobuild CEE

POLAND GTC has been awarded a five year loan of EUR 130 mln to refinance the Galeria Jurajska shopping centre in Częstochowa by Erste Group Bank and Raiffeisen Landesbank Niederӧsterreich-Wien.

Investment & finance

US investor buys student apartments in Kraków and Poznań

schedule 24 February 2020
Eurobuild CEE

POLAND Bain Capital Credit, a leading global credit specialist with almost USD 41 bln in assets under management has formed a joint venture with Corestate, an independent European real estate investment manager.

Investment & finance

Polish Acadamy of Sciences to sell historic building

schedule 21 February 2020
Eurobuild CEE

POLAND The Polish Academy of Sciences has announced that it is to sell the property at ul. Świętojańska 47/48 in Gdańsk.

Investment & finance

Skanska becomes more centralised

schedule 21 February 2020
Rafał Ostrowski
journalist

CEE REGION Skanska office development business is replacing its country branches with one centralised structure for Central and Eastern Europe.

Investment & finance

Cordia makes offer for remaining Polnord shares

schedule 19 February 2020
Rafał Ostrowski
journalist

POLAND Cordia International has announced a public tender to buy all the remaining shares in Polnord, which represents a 34.34 pct stake in the recently acquired company.

Investment & finance

Murapol takeover finalised

schedule 17 February 2020
Alex Hayes
journalist

POLAND A joint venture between a fund managed by the real estate group of Ares Management Corporation and Griffin Real Estate have announced the acquisition of a 98.04 pct stake in Murapol, a leading Polish property development company.

Investment & finance

Cordia pockets Polnord

schedule 14 February 2020
Eurobuild CEE

POLAND Hungarian developer Cordia has completed its purchase of a 63.7 pct stake of Polnord, one of the largest development companies in Poland.

Investors sharpen appetite for risk

schedule 13 February 2020
Opr./edited by AKL

WORLD According to the Investment Intentions Survey 2020, which has been published by INREV, ANREV and PREA, global institutional investors have been exhibiting a greater appetite for risk since the beginning of the year.

Investment & finance

VIG buys Rīga portfolio

schedule 12 February 2020
Eurobuild CEE

LATVIA Austrian insurance giant Vienna Insurance Group has bought three office buildings in Rīga from AS Baltic RE Group.

Investment & finance

Savills goes Wrocław gardening

schedule 12 February 2020
Rafał Ostrowski
journalist

POLAND ISOC Group has chosen Savills as the sole leasing agent for the office space in three buildings of Business Garden Wrocław.

Investment & finance

Savills IM deals reach EUR 3.5 bln in 2019

schedule 11 February 2020
Opr./edited by TC

POLAND/WORLD Savills Investment Management (Savills IM) closed investment deals worth a total of EUR 3.5 bln in 2019, app. EUR 3 bln of which were in Europe and the remainder in Asia.

Investment & finance

Globalworth happy with its 2019 figures

schedule 11 February 2020
Rafał Ostrowski
journalist

POLAND Globalworth expanded its Polish portfolio by more than 250,000 sqm in 2019. At the same time the company secured lease agreements for a total of almost 95,000 sqm.

Investment & finance

CPI waits at Globalworth’s threshold

schedule 10 February 2020
Nathan North
managing editor

CEE REGION CPI Property Group has purchased a further 3.68 mln shares in Globalworth, bringing the Czech company’s holding in the Romanian real estate investor to 65.25 mln shares, representing 29.4 pct of the voting rights.

Investment & finance

Savills buys Panattoni Wrocław hall

schedule 10 February 2020
Nathan North
managing editor

POLAND For its pan-European Savills IM European Logistics Fund 3 (ELF 3), Savills Investment Management has bought a 46,000 sqm warehousing property near Wrocław from Panattoni for around EUR 33 mln.

Investment & finance

Reino to buy logistics centre

schedule 10 February 2020
Opr./edited by AKL

POLAND Reino Capital has preliminary contracts for the acquisition of a 100,000 sqm warehousing centre.

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