Investment & finance

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Investment & finance

Hungary GalCap picks up Rumbach Center

schedule 19 June 2020
Opr./edited by NN

Vienna-based asset and investment manager GalCap Europe has acquired the Rumbach Center in Budapest’s central VII district for a German pension fund for an undisclosed sum.

Investment & finance

Poland Reino teams up with Brits to buy Logistic City

schedule 18 June 2020
Nathan North
managing editor (English section)

Reino Capital has announced that it has concluded the purchase of the Logistic City complex in Piotrków Trybunalski in central Poland for an undisclosed sum.

Investment & finance

Poland Tesco to sell Polish business to Netto

schedule 19 June 2020
Nathan North
managing editor (English section)

British retailer Tesco has announced the sale of its Polish hypermarket chain to Salling Group, the Danish owner (among others) of the Netto chain.

Investment & finance

Czech Republic Albert sells Čestlice centre to HSTN

schedule 17 June 2020
Nathan North
managing editor (English section)

Albert ČR has sold its shopping centre in Čestlice, on Prague’s southeastern outskirts, to HSTN Holding for an undisclosed sum.

Investment & finance

EUROPE RICS now mediates online

schedule 15 June 2020
Rafał Ostrowski
journalist

RICS has launched an online mediation service as a response to the growing number of real estate market disputes, including rental payment disputes  resulting from the covid 19 crisis.

Europe Market goes from sunny to gloomy – Deloitte

schedule 09 June 2020
Nathan North
managing editor (English section)

The percentage of investors in Europe planning to focus on new markets plummeted from 20 pct in January to zero at the end of April, according to Deloitte’s latest market confidence survey.

Investment & finance

Allianz gets an Eiffel

schedule 05 June 2020
Nathan North
managing editor (English section)

HUNGARY Allianz Real Estate has completed the 100 pct acquisition of the Eiffel Square office building in Budapest.

Investment & finance

Arete secures EUR 80 mln in financing

schedule 04 June 2020
Nathan North
managing editor (English section)

CZECH REPUBLIC The Arete real estate investment group has received a loan of EUR 80 mln from Raiffeisenbank.

Investment & finance

HB Reavis sells and buys in London

schedule 04 June 2020
Nathan North
managing editor (English section)

SLOVAKIA/UK Slovak developer HB Reavis has sold its office building at 20 Farringdon Street in central London and has also announced the acquisition of a new property in the city, which after redevelopment will be become Quick & Tower House, a 135,000 sq ft (12,540 sqm) commercial project in Shoreditch.

Investment & finance

S Immo confident in spite of EUR 31.5 mln write-down

schedule 03 June 2020
Nathan North
managing editor (English section)

CE REGION S Immo enjoyed good operational performance in Q1 2020, but was also impacted by a EUR 31.5 mln write-down in the value of its portfolio due to the pandemic.

Investment & finance

Equal Business Park from Cavatina to Apollo-Rida

schedule 03 June 2020
Nathan North
managing editor (English section)

POLAND The Equal Business Park office complex in Kraków developed by Cavatina Holding has been sold for an undisclosed sum to a consortium managed by Apollo-Rida.

Investment & finance

CPI looking ahead to post-pandemic life

schedule 01 June 2020
Nathan North
managing editor (English section)

CZECH REPUBLIC CPI Property Group saw its net profit increase by 118 pct y-o-y in Q1 2020 to EUR 62 mln.

Investment & finance

City One in Wrocław sold for EUR 33.8 mln

schedule 01 June 2020
Nathan North
managing editor (English section)

POLAND Archicom has finalised the sale of the City One office building in central Wrocław to an undisclosed international institutional investor for EUR 33.8 mln.

Investment & finance

Immofinanz makes EUR 37 mln Q1 loss

schedule 01 June 2020
Nathan North
managing editor (English section)

CE REGION Immofinanz suffered a net loss of EUR 37.6 mln in the first quarter of 2020 – down from a net profit of EUR 30.4 mln in Q1 2019.

Good Q1 for CA Immo

schedule 29 May 2020
Nathan North
managing editor (English section)

CE REGION CA Immo’s results in the first quarter were “barely affected by the Covid-19 pandemic” and showed a significant increase in net income, according to the company.

Investment & finance

Green light for Optima to take over GTC

schedule 28 May 2020
Nathan North
managing editor (English section)

POLAND/HUNGARY Globe Trade Centre has announced that it has received approval from the Polish anti-trust authorities for its takeover by Optimum Ventures Magántőkealap.

Investment & finance

Adventum adds fourth building to Polish portfolio

schedule 28 May 2020
Nathan North
managing editor (English section)

POLAND Budapest/Malta-based investment fund manager Adventum International has acquired the Centrum Orląt office building in Wrocław from EFL Service for an undisclosed sum.

Investment & finance

Recovery faster than credit crunch - Savills

schedule 28 May 2020
Nathan North
managing editor (English section)

EUROPE European real estate investment activity is set to plummet by 50 pct before rebounding sharply within the next 12 months, according to Savills.

Investment & finance

EPG buys 12.3 pct stake in Capital Park

schedule 27 May 2020
Nathan North
managing editor (English section)

POLAND Stockholm-based real estate investor and fund manager Europi Property Group has acquired a 12.31 pct stake in Polish office and mixed-use developer Capital Park.

Investment & finance

RF Corval pulls plug on Buma takeover

schedule 21 May 2020
Nathan North
managing editor (English section)

POLAND Reino Capital has announced in a statement to the Warsaw Stock Exchange that Australian investor RF Corval has pulled out of the two companies’ PLN 1.3 bln joint buy-out of Polish developer Buma.

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Edition 3 (306) March 2026

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