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Investment & finance

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JHM preparing first project for Gdańśk

schedule 21 January 2019
Eurobuild CEE

POLAND JHM Development has purchased a 1.7 ha plot in Gdańsk at auction from the local authorities.

Investment & finance

King Cross buys Sztynort marina

schedule 18 January 2019
Tomasz Szpyt-Grzegórski

POLAND Following the sale of the King Cross Marcelin shopping centre in Poznań, Italian-owned King Cross Group has turned to another segment of the commercial real estate market by buying a yachting harbour in Sztynort in Masuria.

Investment & finance

Cavatina moves into full-throttle

schedule 17 January 2019
Opr./edited by TSG

POLAND Cavatina Holding group has announced that it signed more than 40 office lease agreements in 2018 for a total of ​​more than 40,000 sqm and that it expects to achieve double that figure this year.

Investment & finance

Neinver “up for sale for EUR 500+ mln”

schedule 17 January 2019
Nathan North
deputy editor

EUROPE The Losantos family has reportedly put Spanish retail developer and manager Neinver up for sale with a price tag of more than EUR 500 mln.

Investment & finance

Bluehouse buys Novodvorská Plaza

schedule 17 January 2019
Nathan North
deputy editor

CZECH REPUBLIC Bluehouse Capital has completed the acquisition of the Novodvorská Plaza shopping centre in Prague 4 from Klépierre for an undisclosed sum.

Investment & finance

Catalyst adds Warsaw retail park to portfolio

schedule 17 January 2019
Nathan North
deputy editor

EUROPE Catalyst Capital has completed the EUR 194 mln acquisition of retail assets in Sweden, Germany and Poland as well as an office development in Paris for its EUR 1 bln Catalyst Core Plus European Property Fund (CCPEPF) fund.

Orbis sells in Wroclaw

schedule 16 January 2019
Eurobuild CEE

POLAND Orbis has signed a conditional contract to sell a 7,900 sqm property ul. Powstańców Śląskich 7 and 7B in Wrocław for PLN 44 mln to an undisclosed developer.

Investment & finance

EPP delivers strong returns over 2018

schedule 16 January 2019
Alex Hayes
journalist

POLAND Polish real estate fund EPP, which is listed on the JSE, delivered a total return of 21 pct over 2018 significantly outperforming the market. This represents a significant difference compared to the SAPY benchmark index which had total returns of -25 pct.

Investment & finance

Norblin receives EIB financing

schedule 15 January 2019
Alex Hayes
journalist

The European Investment Bank (EIB) has signed a EUR 60 mln loan agreement with Capital Park subsidiary ArtN to finance the conversion of the Norblin factory site in central Warsaw into a mixed-use complex.

More Hollybrook land disposals

schedule 14 January 2019
Alex Hayes
journalist

POLAND Leach & Lang and JLL have now closed the sale of a large housing site in Siemianowice Slaskie on the outskirts of Katowice and a hotel site in Ustroń in southern Poland on behalf of Hollybrook for a combined PLN 10 mln.

Investment & finance

Skylight and Lumen deal finalised

schedule 14 January 2019
Eurobuild CEE

POLAND Globalworth Poland Real Estate group has finalised the purchase of two office buildings in the Złote Tarasy complex in Warsaw.

Investment & finance

Polish investment volume record smashed in 2018

schedule 14 January 2019
Alex Hayes
journalist

POLAND Over 100 real estate transactions were completed with a total volume of over EUR 7.2 bln claims Savills. This represents a y-o-y increase of 45 pct or EUR 2.2 bln.

Investment & finance

Jin Jiang takes Radisson

schedule 11 January 2019
Alex Hayes
journalist

WORLD A consortium led by Chinese investor Jin Jiang International Holdings has increased its mandatory offer to buy all the shares of Radisson Hospitality through its holding Aplite Holdings.

Investment & finance

HB Reavis granted highest real estate loan for 2018

schedule 11 January 2019
Anna Pakulniewicz

SLOVAKIA HB Reavis has been granted a syndicated loan of EUR 175 mln for the construction of its Nivy Station project in Bratislava.

Investment & finance

Chełmska sold

schedule 10 January 2019

POLAND The site of the Chełmska bus terminal at the junction of ul. Chełmska and ul. Czerniakowska in Warsaw, has been sold by Spanish investor Sando.

Investment & finance

NEPI Rockcastle says ‘sayonara’ to Serenada

schedule 10 January 2019
Alex Hayes
journalist

POLAND NEPI Rockcastle has walked away from the purchase of the Krokus and Serenada malls in Kraków, with some of the conditions to the sale having not been fulfilled before the deadline.

Investment & finance

Florenc Office Center sold

schedule 08 January 2019
Anna Pakulniewicz

CZECH REPUBLIC ZFP Investments has sold the Florenc Office Center building, which houses KPMG’s Prague headquarters, to Korean-based investment manager Shinhan Investment Corp for around EUR 50 mln.

Investment & finance

Corum takes F2

schedule 08 January 2019
Anna Pakulniewicz

POLAND French regulated fund Corum XL, managed by Corum Asset Management, has acquired the F2 Boutique Office development in Warsaw from Arkady Sobieskiego.

Crosspoint grows closer to Savills

schedule 08 January 2019
Eurobuild CEE

ROMANIA Savills has named commercial advisory firm Crosspoint Real Estate as its associate in Romania.

Investment & finance

NIB finances Lidl’s expansion

schedule 07 January 2019
Anna Pakulniewicz

LITHUANIA Nordic Investment Bank (NIB) has granted Lidl Lietuva a loan of EUR 50 mln loan to be paid back within ten years to finance the chain’s expansion programme in the country over the 2017-2019 period.

Edition 11 (293) November 2024

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