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Investment & finance

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Investment & finance

CEREIT on shopping spree

schedule 24 June 2019
Eurobuild CEE

POLAND/FRANCE Cromwell European REIT has announced that it is to acquire six office properties in France and Poland.

Investment & finance

Hines brings another Korean investor to Poland

schedule 24 June 2019

POLAND Hines has, on behalf of Korean Investor IGIS Asset Management, completed the acquisition of the Zalando Lounge distribution centre in the village of Ameryka near Olsztynek.

Reino goes shopping

schedule 21 June 2019
Eurobuild CEE

POLAND Reino Capital with its partner RF Corval and Roberts Constructions Holdings have submitted an offer to purchase an undisclosed real estate holding company in Poland, which includes assets with an estimated value of PLN 1.3 bln.

Hines brings Korean investor to Poland

schedule 18 June 2019
Alex Hayes
journalist

POLAND Seoul-based investment manager Mirae Asset Global Investments (MAGI) has purchased two logistic centres near Wrocław and Konin with a combined area of 163,135 sqm. Hines, which advised MAGI on the transaction, has been appointed to asset manage the properties.

Skanska buys land from HB Reavis

schedule 18 June 2019
Eurobuild CEE

CZECH REPUBLIC Skanska has purchased 1.3 ha in Prague, from HB Reavis for EUR 19.5 mln on Radlická street.

Fitch smiles on Warsaw

schedule 17 June 2019
Eurobuild CEE

POLAND Ratings agency Fitch has given the city of Warsaw an A grade rating for its long term debt including its bonds.

Moody's optimistic over CEE

schedule 17 June 2019
Eurobuild CEE

CEE REGION The credit ratings of retail landlords in Central and Eastern Europe (CEE) should remain stable or improve over the next 12-18 months, according to the latest report be Moody's Investors Service.

Investment & finance

Baltic Horizon completes Galerija Centrs purchase

schedule 14 June 2019
Alex Hayes
journalist

LATVIA The Baltic Horizon Fund has purchased the Galerija Centrs shopping centre in Riga from Linstow by acquiring all the shares of of Tampere Invest.

Investment & finance

Saller buys Radom shopping centre

schedule 13 June 2019
Rafał Ostrowski
journalist

POLAND Saller Group has signed a contract for the purchase of Galeria nad Potokiem in Radom for PLN 24.6 mln.

Investment & finance

Immofinanz splashes out on Warsaw Spire

schedule 13 June 2019
Nathan North
deputy editor

POLAND Immofinanz is to acquire the Warsaw Spire skyscraper (building A of the complex) in the Polish capital for app. EUR 386 mln, subject to approval from the Polish competition authority, in what could be the biggest office investment transaction in Poland this year.

Investment & finance

Koreans buy Twin City Tower

schedule 12 June 2019
Alex Hayes
journalist

SLOVAKIA London-based real estate investment manager Valesco together with Seoul-based AIP Asset Management have purchased the Twin City Tower office building in Bratislava’s Nové Nivy district for EUR 120 mln with South Korean capital.

Investment & finance

Just Gym enters Warsaw in Moje Miejsce

schedule 11 June 2019
Nathan North
deputy editor

POLAND A Just Gym fitness club is to open in Echo Investment’s Moje Miejsce mixed-use complex in Warsaw’s Dolny Mokotów district in Q3 2019.

Investment & finance

Trei buys land for two Vendo Parks

schedule 11 June 2019
Eurobuild CEE

POLAND Trei Real Estate has purchased land for the construction of a Vendo retail park in Kobyłka near Warsaw, which is to be completed by the end of the year, and for a Vendo Park in Kutno near Łódź to be delivered in 2020.

Investment & finance

Reino teams up with RF Corval

schedule 11 June 2019
Eurobuild CEE

CEE REGION Reino Capital, a commercial real estate holding company listed on the Warsaw Stock Exchange, has signed a strategic partnership agreement with Australian investment company RF Corval to invest EUR 750 mln in a common asset management platform for the CEE region.

Orbis sells itself to Accor

schedule 10 June 2019
Eurobuild CEE

CEE REGION Following previous announcements regarding the separation of its business lines, Orbis has decided to dispose of its service business, which includes its franchise and management agreements and has started exclusive negotiations to sell the businesses to its majority stakeholder Accor.

Łódź looking for investors

schedule 07 June 2019
Eurobuild CEE

POLAND The Łódź city authorities are launching promotional services for owners of investment properties in the city centre.

CDRL grows through acquisitions

schedule 07 June 2019
Opr./edited by AZ

POLAND CDRL Group, the Polish owner of the Coccodrillo fashion chain, saw an increase in its sales revenues to PLN 108 mln in Q1, which when compared to PLN 57.1 mln a year earlier represents an increase of more than 89 pct.

Investment & finance

Mas and Prime Kapital with big plans

schedule 07 June 2019
Alex Hayes
journalist

ROMANIA Mas REI with its partner Prime Kapital have announced that they are currently working on a number of projects.

PHN launches PLN 160 mln bond issue

schedule 06 June 2019
Opr./edited by AZ

POLAND Polski Holding Nieruchomości (PHN) has issued A series bonds with a nominal value of up to PLN 160 mln.

Investment & finance

Echo plans further offensives after Q1 results

schedule 06 June 2019
Eurobuild CEE

POLAND Echo Investment started the construction of six new projects in Q1. During the same period the company sold 351 units and bought land for construction of more than 75,000 sqm of residential and office space. Its net profit amounted to almost PLN 32 mln.

Edition 11 (293) November 2024

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