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CEE-6 markets hit new heights

schedule 04 February 2019
Anna Pakulniewicz

CEE REGION Last year, Investment markets in the CEE region recorded a volume of EUR 13.8 bln up 5 pct y-o-y, states Colliers International in its latest “Outlook 2019: Climbing at the altitude” report.

Investment & finance

Half a billion for Museum of Modern Art

schedule 01 February 2019
Aneta Cichla

POLAND Warsaw city council has agreed to an investment subsidy of PLN 180 mln for the construction of the Museum of Modern Art near the Palace of Science and Culture (PKiN) on pl. Centralny (pl. Defilad).

Investment & finance

Mercedes reaffirms faith in Polish tech

schedule 01 February 2019
Rafał Ostrowski
journalist

POLAND Mercedes-Benz Cars is to build an electric cars battery plant in Jawor in Lower Silesia.

Investment & finance

Mapletree to grow at West Station

schedule 01 February 2019
Tomasz Szpyt-Grzegórski

POLAND Singaporean investor Mapletree Investments is to acquire the West Station office complex in Warsaw.

Investment & finance

PPF completes Nevsky Centre purchase

schedule 01 February 2019
Eurobuild CEE

RUSSIA PPF Real Estate has completed the EUR 171 mln aquisition of the Nevsky Centre mall in St Petersburg from Stockmann.

Investment & finance

Immofinanz buys all of Na Příkopě 14

schedule 31 January 2019
Nathan North
deputy editor

CZECH REPUBLIC Austrian real estate investor Immofinanz has acquired a 50 pct stake in the Na Příkopě 14 building in Prague city centre from former investment partner Lordship to become the sole owner. The value of the transaction has not been disclosed.

Investment & finance

Zeus acquires Graffit

schedule 30 January 2019
Rafał Ostrowski
journalist

POLAND TAN Poland, a company managed by Zeus Capital Management, has acquired the Graffit office building on ul. Domaniewska in Warsaw’s Mokotów district.

Investment & finance

Mennica Legacy Tower refinanced

schedule 30 January 2019
Agnieszka Zielińska

POLAND A consortium of three banks has provided a construction loan of over EUR 131 mln in to Golub Gethouse and Mennica Polska for the Mennica Legacy Tower project.

Investment & finance

AEW buys in Budapest

schedule 30 January 2019
Rafał Ostrowski
journalist

HUNGARY AEW has bought an 3,000 sqm mixed-use building on Vörösmarty tér in the centre of Budapest for around EUR 18 mln.

Investment & finance

Atrium Służewiec refinanced

schedule 30 January 2019
Opr./edited by TSG

POLAND Wielkopolski Bank Spółdzielczy has granted Murapol a two-year loan worth PLN 26 mln to refinance the purchase announced in October 2017 of the perpetual usufruct of a plot at ul. Cybernetyki 15 in Warsaw’s Służewiec district.

Investment & finance

Green light for CCC takeover of HR

schedule 29 January 2019
Opr./edited by AZ

EUROPE CCC has obtained competition approval in Germany and Austria to acquire an almost one third stake in German footwear retailer HR Group.

Investment & finance

Griffin takes over modular hotel company

schedule 29 January 2019
Opr./edited by TSG

POLAND Griffin in partnership with PIMCO has acquired a 70 pct stake in Chojnice-based Polcom group, according to Puls Biznesu.

Investment & finance

Cromwell sells in Moravia

schedule 28 January 2019
Nathan North
deputy editor

CZECH REPUBLIC Cromwell Property Group has completed the sale of the Pohořelice Industrial Park to an undisclosed buyer for an undisclosed sum.

Investment & finance

Mitiska buys into Karuzela

schedule 25 January 2019

POLAND Karuzela Holding has sold Mitiska REIM-managed funds FRI1 and FRI2 a 50 pct stake in four shopping centres.

King Cross buys Postępu hotel project

schedule 25 January 2019
Tomasz Szpyt-Grzegórski

POLAND A King Cross, which recently bought a marina in Sztynort, has now bought a hotel project on ul. Postępu in Warsaw’s Służewiec district.

Investment & finance

Savills looks to the future

schedule 24 January 2019
Anna Pakulniewicz

EUROPE The real estate advisor predicts that prime offices will continue to be the “top pick” for core investors, in particular in Germany, the Southern European cities as well as the Central and Eastern European markets. Value-add investors could focus on transport and storage, mainly in Poland, Czech Republic and Romania, while redevelopments and new developments are the main routes to higher returns, according to the international real estate advisor.

Investment & finance

Unibep goes retro

schedule 24 January 2019
Alex Hayes
journalist

UKRAINE Stolitsa Group subsidiary Martin has been granted a development loan for its Retroville shopping and office centre which is under construction in Kyiv with the developer having previously appointed Polish-based company Unibep in October as the general contractor.

Investment & finance

Sonae Sierra enters Poland through Balmain partnership

schedule 22 January 2019
Alex Hayes
journalist

POLAND Sonae Sierra has acquired a 50 pct stake in Balmain Asset Management Group’s Central European platform, which is now to be a joint venture called Sierra Balmain.

Robyg sees sales dip

schedule 22 January 2019

POLAND In 2018 the Robyg Group signed contracts for the sale of 2,520 units net, around 1,000 less than in 2017 when 3,470 sales contracts were signed. In the last quarter of 2018 Robyg signed sales contracts for 504 units (compared to 718 a year earlier).

Union Investment racks up EUR 201 mln

schedule 22 January 2019
Rafał Ostrowski
journalist

POLAND In 2018, Union Investment leased a total of 854,00 sqm of commercial real estate space, slightly down from 867,000 sqm a year before.

Edition 11 (293) November 2024

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