Investment & finance

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Investment & finance

Skanska invests in Bucharest

schedule 03 December 2019
Eurobuild CEE

ROMANIA Skanska has acquired about 26,200 sqm in northern Bucharest,00 from Intero Property Development Estates.

Investment & finance

Invest4SEE sells Industrial Park Dubnica stage II

schedule 02 December 2019
Alex Hayes
journalist

SLOVAKIA Invest4SEE has soldd the second phase of the Invest4SEE Industrial Park Dubnica to ČS nemovitostní fond for around EUR 9.5 mln.

Investment & finance

Wood & Company buys Greenline

schedule 02 December 2019
Alex Hayes
journalist

CZECH REPUBLIC A fund managed by Wood & Company has purchased the Greenline, office building in Prague from Karimpol International.

Investment & finance

Grzybowska project sold

schedule 29 November 2019
Alex Hayes
journalist

POLAND Golub GetHouse has sold a 170m tall residential tower with apartments for rent that it plans to build on ul. Grzybowska 59 in Warsaw.

Investment & finance

Echo happy with Q3 results

schedule 28 November 2019
Rafał Ostrowski
journalist

POLAND Echo Investment has recorded PLN 49 mln profit in its Q3 financial report. Over the period the company handed over 515 apartments to its clients.

Investment & finance

EU loans EUR 450 mln for Ukrainian roads

schedule 28 November 2019
Rafał Ostrowski
journalist

EUROPE The European Investment Bank (EIB) has agreed to provide a EUR 450 mln loan to finance new road construction and road repairs along the most important motorways in Ukraine.

Investment & finance

Eurocentrum handed over to CPI

schedule 27 November 2019
Alex Hayes
journalist

POLAND CPI Property Group has finalised the purchase of the Eurocentrum office complex, west of Warsaw city centre. The book value of the four buildings with a total of over 85,000 sqm was around PLN 950 mln (EUR 220 mln), as of the end of September 2019.

Investment & finance

Reino and Corval to buy Buma

schedule 27 November 2019
Eurobuild CEE

POLAND Reino Capital and RF Corval International have applied to the Office of Competition and Consumer Protection for permission to take over the Buma group. Buma comprises more than 20 companies with total assets worth around PLN 1.3 bln.

Investment & finance

M7 picks up Nowa Kamienica

schedule 27 November 2019
Alex Hayes
journalist

POLAND M7 Real Estate has announced that it has purchased the Nowa Kamienica office building in Kraków for EUR 11 mln and with the purchase has fully invested all the funds in its M7 Polaf fund, which is specifically dedicated to Poland.

Investment & finance

Immofinanz rebound romance on the rocks

schedule 26 November 2019
Alex Hayes
journalist

EUROPE Immofinanz has today announced that its mooted merger with S Immo will not take place because the two companies have been unable to agree to a fair exchange of each other’s shares.

Investment & finance

TJX Cos gets Familia

schedule 22 November 2019
Alex Hayes
journalist

RUSSIA US discount retailer TJX Cos has announced a USD 225 mln investment, representing a 25 pct stake, in Russian retailer Familia.

Investment & finance

Samsung stays put

schedule 20 November 2019
Eurobuild CEE

POLAND Samsung Electronics Polska has prolonged its 5,300 sqm lease at Postępu 14 in Warsaw’s Mokotów district owned by HB Reavis. The building is fully leased.

Investment & finance

Rolex changes hands

schedule 19 November 2019
Eurobuild CEE

POLAND AFI Europe has bought a period townhouse at the junction of ul. Nowy Świat and ul. Książęca in Warsaw.

Investment & finance

TLG to merge with Aroundtown

schedule 19 November 2019
Alex Hayes
journalist

EUROPE TLG Immobilien and Aroundtown have agreed on the terms of a merger whereby all the shares of TLG Immobilien will be replaced in new shares in the joint company based on an exchange of one share in TLG for 3.6 in Aroundtown.

Investment & finance

Adventum buys Köki

schedule 19 November 2019
Rafał Ostrowski
journalist

HUNGARY Adventum International has acquired the Köki Terminal shopping centre next to the Kőbánya-Kispest station in eastern Budapest.

Investment & finance

Covivio comes to Poland

schedule 19 November 2019
Rafał Ostrowski
journalist

POLAND Budget hotel chain B&B Hotels and European REIT Covivio have signed an agreement with Covivio to buy three hotels in Łódź, Warsaw and Kraków, as well as develop a further 1,500 rooms.

Investment & finance

Warsaw more attractive for investors

schedule 19 November 2019
Rafał Ostrowski
journalist

POLAND/EUROPE Warsaw has climbed seven places and is currently ranked the 14th most attractive city in Europe for investors in the latest “Emerging Trends in Real Estate – Europe 2019” ranking prepared by Urban Land Institute and PWC.

Poland's PRS sector looking attractive to German investors

schedule 15 November 2019
Alex Hayes
journalist

POLAND The country’s housing market is becoming increasingly attractive for institutional investors, claims a report by Trei Real Estate, Catella Residential Investment Management and Wüest Partner Deutschland. Rental rates for apartments in Warsaw, Wrocław, Gdańsk, Katowice, Kraków, Łódź and Poznań have risen on average by a quarter since 2014.

Investment & finance

Corees enters Polish property agency scene

schedule 14 November 2019
Opr./edited by AKL

POLAND A new agency has started operating on Poland’s commercial real estate market: Corees Polska – Commercial Real Estate.

Investment & finance

Apsys takes Posnania sole control with EUR 300 mln loan

schedule 13 November 2019
Nathan North
managing editor

POLAND Apsys is refinancing its Centrum Posnania shopping centre development in Poznań with a 10-year EUR 300 mln senior loan from Allianz Real Estate.

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