Investment & finance

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First Browary Warszawskie building sold

schedule 18 April 2019
Eurobuild CEE

POLAND GLL Real Estate Partners has completed the acquisition of Biura przy Bramie, which is the first building of Echo Investment’s Browary Warszawskie mixed-use complex in Warsaw’s Wola district. The property was sold for EUR 76.8 mln.

Sunday trade ban a success

schedule 16 April 2019
Eurobuild CEE

POLAND The Ministry of Entrepreneurship and Technology has examined the impact of Sunday trade restrictions on the retail sector and recommends no changes to the current plan of introducing a total Sunday trading.

Ipopema gets together with Panattoni

schedule 16 April 2019
Eurobuild CEE

POLAND The Polish Office of Competition and Consumer Protection (UOKiK) has received an application for the concentration of subsidiaries of the Panattoni group and Ipopema Securities.

Investment & finance

Pipeline of 900,000 sqm to be delivered in the Baltics

schedule 15 April 2019
Anna Pakulniewicz

BALTIC STATES All the economies of the Baltic states maintained their growth last year and the rises look set to continue into 2019. Around 900,000 sqm of new commercial space is now planned to be delivered across all three Baltic capital cities, according to the latest report by Colliers International.

Northern Horizon raises EUR 20.5 mln

schedule 12 April 2019
Rafał Ostrowski
journalist

EUROPE Northern Horizon Capital., the managers of the Baltic Horizon Fund, has raised EUR 20.5 mln in a private placement. The placement, which targetted institutional investors in select European countries, was announced on February 25th and closed on April 11th 2019.

Investment & finance

DBK buys SES mall in Prague

schedule 10 April 2019
Nathan North
managing editor (English section)

CZECH REPUBLIC Czech retail specialist DBK has acquired a majority stake in Europark Štěrboholy in Prague 10 from Austrian developer SES Spar European Centers for an undisclosed sum.

Investment & finance

M7 buys EUR 45 mln of Polish offices

schedule 09 April 2019
Nathan North
managing editor (English section)

POLAND M7 Real Estate has announced that it has finalised the acquisition of three office assets in Poland in separate transactions for a total of EUR 45 mln, constituting the first tranche of capital deployed for the M7 Polish Active Fund.

Investment & finance

Generali RE buys Piękna 2.0

schedule 08 April 2019
Nathan North
managing editor (English section)

POLAND Generali Real Estate, on behalf of its Generali Europe Investments Holding (GEIH) Fund, has acquired the Piękna 2.0 office building on ul. Piękna in central Warsaw from SO SPV 57 – an investment fund advised by Griffin Real Estate.

A trading floor... for real estate

schedule 08 April 2019

POLAND The Prosta Giełda share trading site is to be launched on April 15th, designed for users to sell and purchase shares in commercial real estate on terms similar to those used on stock exchanges.

Investment & finance

Atrium to buy King Cross Praga

schedule 08 April 2019
Tomasz Szpyt-Grzegórski

POLAND Atrium European Real Estate is to buy the King Cross Praga shopping centre in Warsaw’s Gocław district from a fund linked to CBRE Global Investors (CBRE GI).

Investment & finance

Mokotów reborn

schedule 04 April 2019
Nathan North
managing editor (English section)

POLAND Warsaw’s Mokotów (Służewiec) office district is now very much back on investors’ radars, according to the latest report, ‘Mokotów is Back’, by Avison Young.

Skanska sees the end of the road

schedule 03 April 2019
Eurobuild CEE

POLAND Skanska has sold eleven asphalt plants in Poland, which makes up the majority of its asphalt operations in the country, to Bouygues group subsidiary Colas for about PLN 120 mln.

Investment & finance

Mousquetaires on the march

schedule 03 April 2019
Eurobuild CEE

EUROPE Les Mousquetaires group has recorded a 7.7 pct increase in turnover in 2018, reaching a total of EUR 44.5 bln.

Investment & finance

Globalworth takes on WTT

schedule 03 April 2019
Tomasz Szpyt-Grzegórski

POLAND Globalworth has officially confirmed the news broken by 'Eurobuild CEE' that the Warsaw Trade Tower (WTT) office building has changed hands.

Investors seeking alternatives

schedule 03 April 2019
Eurobuild CEE

EUROPE Around 57 pct of investors are currently are looking for opportunities on the private rental market, including student apartments and mixed use facilities, according to a recent survey by CBRE.

Investment & finance

Koreans buy two office buildings in Warsaw

schedule 02 April 2019
Eurobuild CEE

POLAND Commerz Real acting on behalf of Korea-based Hana Financial Investment has acquired the first two buildings of the Lixa office complex, which is being built by Yareal on ul. Kasprzaka in Warsaw’s Wola district.

Investment & finance

Profits up for PHN

schedule 01 April 2019
Eurobuild CEE

POLAND Polski Holding Nieruchomości (PHN) has recorded a net profit of PLN 47.8 mln for 2018. The company is now planning to start construction of a 150m skyscraper in Warsaw in H1 this year.

Eurocash announces results

schedule 28 March 2019
Opr./edited by AZ

POLAND Eurocash Group had a net profit of PLN 111.65 mln in 2018 compared to PLN 29.56 mln a year earlier, the company stated in its annual report.

Globalworth still growing

schedule 28 March 2019
Rafał Ostrowski
journalist

POLAND/ROMANIA The value of Globalworth’s portfolio in 2018 increased by 36 pct to EUR 2.5 bln, 51 pct of which is in Romania with the remainder in Poland.

Orange sells off its properties

schedule 27 March 2019
Tomasz Cudowski
editor-in-chief

POLAND In 2018 Orange Polska sold a total of 68 properties, which earned the company PLN 243 mln.

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