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Investment & finance

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Investment & finance

Investment volume sees slight dip

schedule 09 October 2019
Eurobuild CEE

POLAND Total investment volume in the commercial real estate market is forecasted at EUR 6.9 bln by the end of the year, slightly down on the EUR 7.1 bln of the previous year according to figures from Avison Young.

Investment & finance

Golub GetHouse signs off record plot purchase

schedule 08 October 2019
Nathan North
deputy editor

POLAND Golub GetHouse has finalised the purchase from Atlas Estates of a 0.274 ha plot situated at ul. Grzybowska 59 in Warsaw’s Wola-Centrum neighbourhood.

Northern Horizon raises funds

schedule 08 October 2019
Alex Hayes
journalist

BALTIC STATES Northern Horizon Capital the manager of Baltic Horizon Fond, has closed private placements for a total of EUR 16.5 mln.

Investment & finance

EBRD lends Voli EUR 10 mln

schedule 08 October 2019
Alex Hayes
journalist

MONTENEGRO The EBRD has provided a EUR 10 mln loan to Voli, the country’s largest retailer to open four new branches and refurbish and extend five existing stores.

Investment & finance

EUR 230 mln loan for Warsaw Spire Tower

schedule 07 October 2019
Nathan North
deputy editor

POLAND Three German banks have jointly underwritten an investment loan of EUR 230 mln to refinance Warsaw Spire Tower.

Investment & finance

AEW leaves Romania

schedule 03 October 2019
Alex Hayes
journalist

ROMANIA AEW has sold Promenada Mall, the largest shopping centre in Târgu Mureș to Indotek.

Investment & finance

Zabłocie Business Park building A sold

schedule 02 October 2019
Alex Hayes
journalist

POLAND IMS Budownictwo completed the sale of building A of the Zabłocie Business Park in Kraków to Austrian insurance company Uniqa.

Investment & finance

Warburg HIH snaps up River Garden 1

schedule 01 October 2019
Alex Hayes
journalist

CZECH REPUBLIC Warburg-HIH Invest Real Estate is soon to acquire the River Garden 1 office building in Prague’s Karlín district in a share deal.

Globalworth sells shares to finance shopping spree

schedule 01 October 2019
Alex Hayes
journalist

POLAND/ROMANIA Globalworth has announced its intention to sell 28.5 mln new shares to existing investors.

Investment & finance

OTP takes on Roosevelt

schedule 01 October 2019
Alex Hayes
journalist

HUNGARY GLL Real Estate Partners, a company that last year was taken over by the Macquarie Group, has sold the Roosevelt Office Center on Széchenyi square in Budapest to the OTP Real Estate Fund.

Investment & finance

White Star Real Estate buys its Liberty

schedule 27 September 2019
Alex Hayes
journalist

ROMANIA White Star Real Estate has completed the acquisition of the Liberty Technology Park in Cluj-Napoca from Fribourg Development, the real estate division of Fribourg Capital.

Investment & finance

EIB lends Warsaw PLN 1.5 bln

schedule 27 September 2019
Alex Hayes
journalist

POLAND The European Investment Bank has lent the city of Warsaw PLN 1.5 bln to finance the 16.4 km extension of the city’s second metro line.

Healthy profits for LPP

schedule 27 September 2019
Eurobuild CEE

POLAND LPP Group recorded a consolidated profit in Q2 2019 of PLN 205.48 mln, which compares to PLN 206.13 mln for the same period of the previous year.

Investment & finance

No worries about online shopping

schedule 26 September 2019
Tomasz Cudowski
editor-in-chief

POLAND The growing popularity of online shopping and the Sunday trading ban in Poland have left sales and footfall in most shopping centres unshaken and they still represent an attractive proposition for investors – agreed the panellists at Eurobuild’s 5th Invested Interest – Investment Market Conference, which took place on September 9th at the Westin Hotel in central Warsaw.

Investment & finance

Second OBI in Redside’s hands

schedule 26 September 2019
Nathan North
deputy editor

CZECH REPUBLIC Nova Real Estate Fund, which is managed by Redside, has completed the acquisition for an undisclosed sum of the OBI home improvement goods store in Frýdek Místek in the country’s Moravia-Silesia region, from the building’s developer PTO.

Piastowska has financing

schedule 26 September 2019
Tomasz Cudowski
editor-in-chief

POLAND Terra Casa has signed a loan agreement with Mbank to finance 75 pct of the investment cost ​​of its Piastowska Residence project, which is under construction near Kraków's Błonia park.

Investment & finance

Kaufland to take over from Tesco

schedule 26 September 2019
Eurobuild CEE

POLAND Kaufland has applied to the Office of Competition and Consumer Protection [UOKiK] for permission to take over five hypermarkets operated by Tesco.

Investment & finance

OTP Picks up Corvin Technology Park

schedule 26 September 2019
Alex Hayes
journalist

HUNGARY OTP Prime Real Estate Investment Fund has purchased the second stage of the 27,300 sqm Corvin Technology Park on the east side of Corvin Promenade in Budapest from Futureal.

America House sold to Morgan Stanley

schedule 26 September 2019
Rafał Ostrowski
journalist

ROMANIA A fund advised by Morgan Stanley Real Estate Investing (MSREI), in a joint venture with David Hay, the former CEO of AFI Europe Romania, has acquired the America House office building close to Piața Victoriei Square in Bucharest.

Investment & finance

Vastint sells four buildings to Cromwell

schedule 26 September 2019
Rafał Ostrowski
journalist

POLAND Vastint Poland has completed the sale of four office buildings, which make up the first stage of Business Garden Poznań to Cromwell European REIT.

Edition 11 (293) November 2024

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