Investment & finance

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Investment & finance

Palác Karlín sold to Czech-US venture

schedule 27 November 2018
Nathan North
managing editor (English section)

CZECH REPUBLIC US investor Lincoln Property Company and Czech investment group Enern have acquired the Palác Karlín office building in Prague from Danish company Kirkbi Invest A/S for an undisclosed sum.

Amrest now serves sushi

schedule 22 November 2018
Eurobuild CEE

EUROPE Amrest which manages such chains as Pizza Hut, KFC and Burger King in Poland has finalised the purchase of the Sushi Shop chain for around EUR 164 mln.

Adgar turns to Warsaw’s centre

schedule 21 November 2018
Eurobuild CEE

POLAND Adgar has bought the building at Czackiego 15/17 in Warsaw’s city centre for PLN 36 mln.

Investment & finance

LC Corp to sell four office blocks

schedule 21 November 2018
Eurobuild CEE

POLAND The management board of LC Corp has announced that it has signed a letter of intent for the sale of four office buildings.

Savills still sees opportunity

schedule 21 November 2018
Eurobuild CEE

EUROPE Major core and value-add investment opportunities still exist across Europe, claims Savills in its latest ‘Market in Minutes’ report.

Investment & finance

Erste lends EUR 4.8 mln to refinance Mani Business Centre.

schedule 19 November 2018
Alex Hayes
journalist

CROATIA Erste Bank has lent M7 EUR 4.8 mln to refinance Mani Business Centre in Zagreb.

Investment & finance

Deka Immobilien comes to aid CTP

schedule 16 November 2018
Alex Hayes
journalist

CZECH REPUBLIC Deka Immobilien has acquired ownership stakes in three CTP parks: CTPark Plzeň, CTPark Prague North and CTPark Teplice for EUR 460 mln.

Dutch to buy Polish warehouse developer

schedule 14 November 2018
Opr./edited by TC

POLAND Dutch company ELP Holdco (Poland) intends to buy out all the shares of PDC Industrial Center 80, the SPV which is developing Panattoni Park Łódź East VII in Natolin near Łódź.

Investment & finance

Immofinanz buys eight retail parks

schedule 14 November 2018
Alex Hayes
journalist

SLOVENIA/SERBIA/CROATIA Immofinanz is now purchasing eight retail parks for EUR 90.5 mln in Slovenia, Serbia and Croatia to add to its Stop Shop brand.

Investment & finance

Palace changes hands again

schedule 13 November 2018
Nathan North
managing editor (English section)

POLAND Generali Real Estate, through its Generali Real Estate Fund CEE, has completed the acquisition of Pałac Jabłonowskich (Jabłonowski Palace) at Senatorska 18 in central Warsaw.

Investment & finance

LCP adds to its portfolio

schedule 09 November 2018
Eurobuild CEE

POLAND LCP’s property portfolio in Poland has grown to 46 assets.

PIC buys into EPP

schedule 09 November 2018
Eurobuild CEE

POLAND Public Investment Corporation SOC an entity fully controlled by the government of South Africa has taken a 5.022 pct stake in EPP, one of the largest retail platforms in Poland.

Investment & finance

Cromwell European REIT to take on 27 European properties

schedule 06 November 2018
Alex Hayes
journalist

EUROPE Singapore-based Cromwell European REIT has announced it is acquiring 27 properties across Europe.

Investment & finance

Bank of Cyprus building sold

schedule 06 November 2018
Alex Hayes
journalist

ROMANIA The Bank of Cyprus building on Calea Dorobanti in Bucharest has been sold by SIF Banat Crişana to an undisclosed Romanian buyer.

Investment & finance

Delta 44 sold

schedule 05 November 2018
Eurobuild CEE

POLAND Vantage Development group has signed a conditional agreement for the sale of the Delta 44 office building in Wrocław to M7 Czech Republic for PLN 28.7 mln.

Strong results for CBRE

schedule 02 November 2018
Eurobuild CEE

WORLD CBRE has announced its third quarter results. Revenue totalled USD 5.3 bln, an increase of 13 pct. Fee revenue rose 13 pct to USD 2.6 bln. Organic fee revenue growth was 9 pct.

Investment & finance

REICO set to buy Nová Karolina

schedule 31 October 2018
Nathan North
managing editor (English section)

CZECH REPUBLIC Česká spořitelna’s real estate fund, REICO, is to buy the Forum Nová Karolina shopping centre in Ostrava.

Investment & finance

Złote Tarasy office section sold

schedule 31 October 2018
Alex Hayes
journalist

POLAND Unibail-Rodamco-Westfield has entered into an agreement to sell the Skylight and Lumen office buildings in Warsaw to Globalworth Poland for EUR 190 mln.

European rents still growing

schedule 30 October 2018
Eurobuild CEE

EUROPE European offices have recorded eight quarters of continuous rental growth with a 0.7 pct increase in Q3 2018, according to Cushman & Wakefield’s latest DNA of Real Estate report.

Investment & finance

Pbb refinances two Warsaw Office buildings

schedule 30 October 2018
Alex Hayes
journalist

POLAND Pbb Deutsche Pfandbriefbank has lent EUR 27 mln refinance Griffin House and Liberty Corner, two prime office buildings in Warsaw asset managed by GLL Real Estate Partners on behalf of an undisclosed German Institutional Investor.

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