Investment & finance

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Big deals go down in Poland

schedule 30 January 2020
Rafał Ostrowski
journalist

POLAND Significant real estate investment deals of over EUR 300 mln have been signed in recent months in Poland, while just a few years ago such deals would only appear sporadically. This puts Warsaw on an equal footing with other dominant cities in Europe, points out CBRE.

Investment & finance

Buma takeover put off but still going ahead

schedule 29 January 2020
Opr./edited by TC

POLAND Reino Capital, RF Corval and Roberts Constructions have announced that they have postponed the signing of preliminary contracts for the purchase of the Kraków-based Grupa Buma by a month.

Investment & finance

CBRE GI buys Aquarius

schedule 29 January 2020
Rafał Ostrowski
journalist

POLAND CBRE Global Investors has finalised the purchase of the Aquarius Business House office complex in Wrocław from Spanish-based fund Azora Europa I.

Investment & finance

CPI takes Green Corner

schedule 29 January 2020
Rafał Ostrowski
journalist

POLAND CPI Property Group has acquired the Green Corner A office building in Warsaw’s Wola disrict from DWS.

Investment & finance

Warehouse partner for Reino

schedule 29 January 2020
Opr./edited by AKL

POLAND Reino IO CO Invest LLP, a joint venture between Reino and IO CO Investor 3 LLP, an entity affiliated with IO Asset Management, entered a strategic partnership with the Grosvenor Group on January 20th.

Investment & finance

Globalworth takes over Bucharest Connected

schedule 27 January 2020
Alex Hayes
journalist

ROMANIA Globalworth has become the sole owner of the Renault Bucharest Connected building after buying a 50 pct stake from Elgan Group.

Investment & finance

CPI buys into Globalworth

schedule 27 January 2020
Eurobuild CEE

EUROPE CPI Property Group has acquired a 6 pct stake in Globalworth Real Estate Investments, through the purchase of 13,391,959 shares on the open market.

Investment & finance

Record quarter for CDRL

schedule 24 January 2020
Opr./edited by AKL

EUROPE CDRL Group, the Polish owner of the Coccodrillo fashion brand and of Belarusian supermarket chain Buslik, generated its highest ever sales results in Q4 2019.

Investment & finance

R22 invests in hotel platform

schedule 24 January 2020
Eurobuild CEE

POLAND R22 has invested around PLN 30 mln in Profitroom for a 33 pct stake in the company.

Investment & finance

Vantage sold

schedule 24 January 2020
Eurobuild CEE

POLAND TAG Immobilien group has bought all 48,561,706 shares of Wrocław-based developer Vantage Development.

Investment & finance

European construction rises

schedule 23 January 2020
Eurobuild CEE

EUROPE In November 2019, seasonally adjusted production figures for the construction industry in the European Union increased by 1.1 pct m-o-m, according to Eurostat, the statistical office of EU.

Investment & finance

Prologis sees earnings drop

schedule 23 January 2020
Eurobuild CEE

WORLD Prologis recorded net earnings of USD 1.567 bln in 2019, down from USD 1.643 a year earlier. Net earnings per diluted share were USD 2.46 compared with USD 2.87 in 2018.

Investment & finance

Galerija Centrs sale tops Latvian investment ranking

schedule 23 January 2020
Rafał Ostrowski
journalist

LATVIA The sale of the Galerija Centrs in Riga by Linstow to Baltic Horizon Fund topped the Top 10 largest real estate investment deals in 2019 in the country, according to Colliers International.

Investment & finance

M7 sells three Polish assets

schedule 22 January 2020
Rafał Ostrowski
journalist

POLAND British investor M7 Real Estate has sold two office buildings in Poznań and Zgorzelec Plaza in western Poland on behalf of its PVBRI vehicle.

Investment & finance

KGAL buys Prosta Office Centre

schedule 22 January 2020
Rafał Ostrowski
journalist

POLAND German investment and asset managment company KGAL has bought the Prosta Office Centre building in Warsaw’s Wola district from Cromwell Property Group for one of its real estate funds.

Investment & finance

South-African investor buys Obi stores

schedule 22 January 2020
Rafał Ostrowski
journalist

POLAND South-African investor Marr Holdings has bought two stores leased to DIY store OBI in Gdańsk and Łódź from Chariot Group.

Investment & finance

Weaker results for CCC

schedule 21 January 2020
Opr./edited by AZ

POLAND Polish footwear retail chain CCC revenues grew but its profits fell in Q4 2019, according to preliminary figures published by the company.

Investment & finance

Toshiba plant to open in Gniezno

schedule 21 January 2020
Rafał Ostrowski
journalist

POLSKA Toshiba Carrier Corporation is to invest around EUR 25 mln (over PLN 100,000 mln) in a HVAC manufacturing plant and distribution centre in Gniezno in Poland’s Wielkopolska region.

Investment & finance

Improved sales for LPP

schedule 20 January 2020
Opr./edited by AZ

POLAND Polish fashion group LPP generated PLN 483 mln of consolidated operating profit Q4 2019 – an 11 pct increase on the same period in 2018.

Investment & finance

UBM sells two hotels

schedule 20 January 2020
Opr./edited by TC

POLAND Union Investment has signed a contract for the acquisition of two hotels that are currently under development: an Ibis Styles in Kraków and Mercure Katowice City Center.

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Edition 6 (299) June 2025

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