Investment & finance

RSS

Profits down for Budimex

schedule 12 November 2019
Eurobuild CEE

POLAND Budimex has published net revenues of PLN 5. 38 bln for the first three quarters of the year, which is similar to the figures for 2018.

Arcona buys Ukrainian investment land

schedule 12 November 2019
Alex Hayes
journalist

UKRAINE Arcona Property Fund has purchased two properties from Secure Property Development & Investment (SPDI) jointly valued at EUR 3.89 mln.

Investment & finance

High voltage deal for LG

schedule 08 November 2019
Rafał Ostrowski
journalist

POLAND LG Chem, part of LG Corporation, has been granted a EUR 250 mln loan from the European Bank for Reconstruction and Development to extend its lithium-ion battery factory in Wrocław.

Investment & finance

CPI buys Equator IV

schedule 08 November 2019
Alex Hayes
journalist

POLAND CPI Property Group (CPIPG) has completed the purchase of the Equator IV office building on Al. Jerozolimskie in central Warsaw.

Cromwell completes CPRF buy-out

schedule 08 November 2019
Rafał Ostrowski
journalist

POLAND Cromwell Property Group has announced today that it has completed the acquisition of all third party investor interests in the Cromwell Polish Retail Fund, which comprises comprise seven Polish shopping centres with a gross asset value of around EUR 600 mln.

Investment & finance

Gamers play the ownership game

schedule 07 November 2019
Opr./edited by TC

POLAND Computer games developer CD Projekt has bought a complex of buildings at ul. Jagiellońska 74 in Warsaw’s Praga Południe district.

Investment & finance

Cordia raises EUR 133 mln

schedule 07 November 2019
Alex Hayes
journalist

CEE REGION Futureal’s residential subsidiary Cordia has issued its first bonds on the Budapest Stock Exchange to finance its expansion across the CEE region.

Investment & finance

Globalworth to buy Chmielna 89 and Tischnera

schedule 04 November 2019
Alex Hayes
journalist

POLAND Globalworth has signed a preliminary agreement with Cavatina Holdings to acquire two office buildings that are under construction in Warsaw and Kraków. The deal is to close on their completion, which is scheduled for the first quarter of 2020.

Small businesses benefit from government largesse

schedule 31 October 2019
Eurobuild CEE

POLAND One year ago the government declared all of Poland to be a special economic zone (SEZ), making tax relief available to investors in every part of the country.

Investment & finance

Warta sells Warsaw building

schedule 30 October 2019
Opr./edited by AKL

POLAND Towarzystwo Ubezpieczeń i Reasekuracji Warta has finalised the sale of an office building at Al, Jerozolimskie 133a, west of Warsaw city centre, to an undisclosed buyer.

Investment & finance

Antares changes hands

schedule 29 October 2019
Alex Hayes
journalist

POLAND Futureal Group has acquired the Antares office building on ul. Marynarska in Warsaw. The building is to be modernised and repositioned and Cushman & Wakefield has been appointed as the exclusive leasing agent.

Real estate worth EUR 10 bln to be built

schedule 29 October 2019
Rafał Ostrowski
journalist

POLAND The development pipeline of top 30 developers in Poland comes to 230 office, retail, warehouse and hotel projects with an estimated investment cost of EUR 10 bln, accoridng to the ‘Property developers in Poland 2019-2023’ report by Spectis.

European real estate investment down

schedule 29 October 2019
Alex Hayes
journalist

EUROPE According to Savills, European residential and commercial real estate investment volumes are set to reach EUR 241 bln by year-end, 18 pct down on last year’s total, but just 2 pct below the 10 year average.

Investment & finance

CPI raises EUR 2 bln

schedule 29 October 2019
Alex Hayes
journalist

EUROPE CPI Property Group has issued green bonds with a face value of EUR 750 mln, a yield of 1.625 pct and a maturity date of 23rd April 2027. Over EUR 2 bln of the bonds have been placed.

Photo hall worth millions

schedule 28 October 2019
Eurobuild CEE

POLAND On October 16th, Telewizja Polska announced a tender procedure for the design and construction of a new photo hall which will be built on the area owned by TVP at ul. Woronicza 17 in Warsaw.

Investment & finance

Adventum buys Renaissance Plaza

schedule 28 October 2019
Eurobuild CEE

POLAND Malta based investment fund manager Adventum International has acquired the Renaissance Plaza office building on ul . Kasprzaka in Warsaw’s Wola district from REInvest Asset Management, a Luxembourg based asset and fund manager.

Investment & finance

S Immo buys Hoto

schedule 25 October 2019
Rafał Ostrowski
journalist

CROATIA S Immo has acquired the Hoto office tower in Zagreb’s central business district from Austrian-based Signa Group for an undisclosed price.

Investment & finance

Korea comes to Europe

schedule 25 October 2019
Alex Hayes
journalist

EUROPE South Korean investors spent EUR 6.2 bln on European property in H1 2019, the highest figure on record.

Press here to become a property investor

schedule 23 October 2019
Eurobuild CEE

POLAND Social.Estate is the first crowdfunding platform in Poland and is to be launched in a few days by commercial real estate broker Petram House.

Investment & finance

Galeria Butovice taken by Investika

schedule 23 October 2019
Alex Hayes
journalist

CZECH REPUBLIC Open real estate fund Investika has purchased the Galerie Butovice shopping centre in Prague 5.

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