RUSSIA Etalon Group has signed a binding agreement to purchase a 51 pct stake in Leader-Invest from Sistema for RUB 15.2 bln (app. EUR 200 mln).
CZECH REPUBLIC Revetas has announced the sale of the A7 Office Center, a mixed-use building in Prague on behalf of the Revetas Capital Fund II to Conseq Group.
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.
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.
HUNGARY Hungarian real estate developer and investor Wing has acquired the Infopark B, C and I office buildings in Budapest’s South Buda district.
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.
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).
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.
EUROPE Italian general contractor Salini Impregilo has made a bid to acquire a 65 pct stake in its competitor Astaldi.
POLAND Echo Investment is to issue bonds for individual investors with a total face value of PLN 40 mln.
POLAND A large picture created by abstract artist Łukasz Stokowski has been hung from the rising structure of The Warsaw HUB office centre development.
POLAND Over 2018, Skanska sold five office buildings and started construction work on seven more.
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.
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.
POLAND Gino Rossi has agreed not to issue new shares that would be worth up to PLN 20 mln.
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.
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.
WORLD Canadian based Avison Young has purchased real estate advisory GVA.
CZECH REPUBLIC HB Reavis is to sell off almost all of its projects and plots in the Czech Republic.
EUROPE Austrian consultancy Modesta Real Estate brokered transactions worth EUR 180 mln over 2018 across four countries: Austria, Slovakia, Spain and the Czech Republic.
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The Globalworth Foundation has provided the authorities in Bucharest with office space for a Covid vaccination centre.
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After a long break, we invite you to hot episode of the "Eye to eye" podcast! Today we talk with Władysław Grochowski, the head and founder of Arche.
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Czech developer CTP has been granted a EUR 200 mln loan from the European Investment Bank for the roll-out of its large-scale solar panel installation ...
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The Polish and Danish governments have entered preliminary discussions for the construction of a tunnel between Szczecin and Copenhagen underneath the ...
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Adventum International, through its acquisition of four industrial properties in Poland, has launched its new Adventum Industrial fund, a sub-fund of ...
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Savills has taken over the comprehensive management of a portfolio of properties in Warsaw owned by Yareal Polska. The portfolio includes buildings C, ...
The University of Warsaw has signed a contract with the general contractor for a project at ul. Bednarska 2/4. The new building will house the faculti ...
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Velis Real Estate Tech is officially changing its name to Singu, adopting the title of its property management product. The rebranding aims to both re ...
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