Investment &amp; finance

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.

Globalworth to buy Chmielna 89 and Tischnera

04 November 2019

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

31 October 2019

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.

Warta sells Warsaw building

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.

Antares changes hands

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

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

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.

CPI raises EUR 2 bln

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

28 October 2019

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.

Adventum buys Renaissance Plaza

28 October 2019

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.

Rafał Ostrowski
journalist

S Immo buys Hoto

25 October 2019

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

Korea comes to Europe

25 October 2019

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

23 October 2019

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.

Galeria Butovice taken by Investika

23 October 2019

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

SoftBank bets big on coworking

23 October 2019

WORLD SoftBank has committed USD 9.5 bln to WeWork.

Corporate Finance House buys Day Tower

22 October 2019

ROMANIA Lebanese investor Corporate Finance House has purchased the Day Tower office building in Bucharest from Day Group.

Epsilon refinanced

21 October 2019

POLAND Vantage Development group has been awarded a loan by Mbank of EUR 9.1 mln to refinance the Epsilon office building on ul. Słonimskiego in Wrocław.

Rafał Ostrowski
journalist

Top 5 – Business is booming

18 October 2019

EUROBUILD CEE This week’s top five hottest stories have all been dominated by big capital transactions.

Murapol believes in Poznań

17 October 2019

POLAND Murapol has signed a preliminary contract to purchase more than 2.5 ha in Poznań's Nowe Miasto district, where it intends to build a residential estate of over 600 units.