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European investment slightly up

schedule 18 February 2019
Eurobuild CEE

EUROPE In 2018 European commercial real estate investment came to EUR 312 bln, 0.3 pct above the previous record result of 2017, according to CBRE.

CBRE revenues rise 15 pct

schedule 15 February 2019
Rafał Ostrowski
journalist

WORLD CBRE recorded USD 21.3 bln full-year revenue for 2018, up 15 pct y-o-y. Its net income increased 53 pct to USD 1.1 bln, while its earnings per diluted share rose 51 pct to USD 3.1.

Investment & finance

Wing takes on Infopark

schedule 15 February 2019
Rafał Ostrowski
journalist

HUNGARY Hungarian real estate developer and investor Wing has acquired the Infopark B, C and I office buildings in Budapest’s South Buda district.

Investment & finance

EPISO 5 takes on EUR 1.7 bln war chest

schedule 15 February 2019
Alex Hayes
journalist

EUROPE Tristan Capital Partners has completed the capital raising for its European Property Investors Special Opportunities 5 (EPISO 5) fund with equity commitments from investors totalling just under EUR 1.7 bln.

Etalon still on 2018 roll

schedule 14 February 2019
Rafał Ostrowski
journalist

RUSSIA Etalon has reported a 51 pct y-o-y increase in apartment sale contracts in January, which reached RUB 5.5 bln (app. EUR 73,000,000).

Good results for Merko Ehitus

schedule 14 February 2019
Alex Hayes
journalist

BALTIC STATES Merko Ehitus has posted revenue of EUR 119.2 mln for Q4 of 2018 and its 12-month revenue figure came to EUR 418 mln. The group’s net profit for Q4 2018 was EUR 7 mln and the 12-month net profit was EUR 19.3 mln.

Investment & finance

Salini Impregilo offers to rescue Astaldi

schedule 14 February 2019
Alex Hayes
journalist

EUROPE Italian general contractor Salini Impregilo has made a bid to acquire a 65 pct stake in its competitor Astaldi.

More bonds from Echo

schedule 13 February 2019
Eurobuild CEE

POLAND Echo Investment is to issue bonds for individual investors with a total face value of PLN 40 mln.

Investment & finance

The Hub goes abstract

schedule 13 February 2019
Eurobuild CEE

POLAND A large picture created by abstract artist Łukasz Stokowski has been hung from the rising structure of The Warsaw HUB office centre development.

Investment & finance

Skanska keeps busy

schedule 13 February 2019
Rafał Ostrowski
journalist

POLAND Over 2018, Skanska sold five office buildings and started construction work on seven more.

Land prices rising fast

schedule 12 February 2019
Eurobuild CEE

POLAND A decreasing supply of attractive land combined with growing prices is forcing developers to Invest in land that already has buildings that either require demolition or renovation, according to real estate consultancy JLL.

H&M on the mend

schedule 12 February 2019

WORLD H&M has seen an improvement in its financial results for the 2018 financial year (December-November) after having restructured and invested in multichannel sales.

Gino Rossi comes to agreement with CCC

schedule 12 February 2019
Agnieszka Zielińska

POLAND Gino Rossi has agreed not to issue new shares that would be worth up to PLN 20 mln.

Investment & finance

HB Reavis enters Germany

schedule 11 February 2019
Alex Hayes
journalist

EUROPE Slovakian developer HB Reavis has entered onto the German market through the purchase of two sites in Dresden and Berlin with a total area of 3.5 ha.

Investment & finance

AFI to take over Casa Radio

schedule 11 February 2019
Alex Hayes
journalist

ROMANIA Plaza Centers has signed a non-binding letter of intent with AFI Europe to sell its 75 pct stake in the Casa Radio project in Bucharest for EUR 60 mln.

Investment & finance

GVA sold to Avison Young

schedule 10 February 2019
Alex Hayes
journalist

WORLD Canadian based Avison Young has purchased real estate advisory GVA.

Investment & finance

Slovaks wind down in Czechia

schedule 08 February 2019
Eurobuild CEE

CZECH REPUBLIC HB Reavis is to sell off almost all of its projects and plots in the Czech Republic.

Modesta brokers deals worth EUR 180 mln

schedule 07 February 2019
Rafał Ostrowski
journalist

EUROPE Austrian consultancy Modesta Real Estate brokered transactions worth EUR 180 mln over 2018 across four countries: Austria, Slovakia, Spain and the Czech Republic.

Plaza sells up in Brașov

schedule 06 February 2019

ROMANIA Plaza Centers has announced that it has signed a pre-agreement to sell a plot in Brașov to an undisclosed purchaser for a total of EUR 620,000, representing a slight increase on the property’s book value.

Rents up, yields down

schedule 05 February 2019
Rafał Ostrowski
journalist

EUROPE The fourth quarter of last year brought large increases in rents for the office and industrial sectors across Europe, while retail rents dropped slightly, according to Cushman & Wakefield’s latest DNA of Real Estate report.

Edition 11 (293) November 2024

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