Investment & finance

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Investment & finance

Echo goes shopping at Tesco

schedule 04 March 2020
Eurobuild CEE

POLAND Echo Investment has signed preliminary agreements to buy three standing and working first generation shopping centres on ul. Opieńskiego in Poznań, ul. Widzewska in Łódź and ul. Kapelanka in Kraków, where it plans to build around 240,000 sqm of mixed-use space, including offices, retail and 4,000 apartments.

Investment & finance

Ghelamco gets go-ahead for PLN 350 mln bond issue

schedule 04 March 2020
Opr./edited by TC

POLAND The Polish Financial Supervision Authority (KNF) has approved the prospectus for Ghelamco’s latest bond issue.

Investment & finance

Metso sets up in Lithuania

schedule 02 March 2020
Rafał Ostrowski
journalist

LITHUANIA Finnish industrial machinery producer Metso is to open a factory in Šiauliai county in the north of the country. The plant is to start operations at the end of second quarter and should eventually employ 80 people by the end of the year.

Investment & finance

Reino continues Buma takeover

schedule 02 March 2020
Rafał Ostrowski
journalist

POLAND Warsaw Stock Exchange listed Reino Capital and Australian-based RF CorVal have signed a preliminary agreement to purchase the companies within the Buma Group, including its property developer, general contractor, property manager and facility manager businesses.

Investment & finance

Marvipol sells plots to LaSalle

schedule 28 February 2020
Opr./edited by AKL

POLAND Marvipol Development and PG Dutch Holding I have entered into two preliminary agreements for their joint venture SPVs to sell development plots in Warsaw and west of the capital in Michałowice near Pruszków to LaSalle Investment Management KVG.

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.

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