Investment & finance

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Tatry Mountain Resorts looking to raise money

schedule 28 September 2018
Eurobuild CEE

CEE REGION Tatry Mountain Resorts, an operator of sports and tourist centres in Poland and Slovakia, is planning two bond issues.

JW Construction pooh-poohs PLN 21 mln loss

schedule 28 September 2018

POLAND In H1 2018, J.W. Construction sold 607 residential units, as well as 151 offices and aparthotels and reported a loss of PLN 21 mln (compared to a loss of PLN 3 mln a year earlier).

Investment & finance

Spark stage 1 sold

schedule 28 September 2018
Alex Hayes
journalist

POLAND Skanska has sold the first building of its Spark office project in Warsaw to a fund managed by KGAL Investment Management for EUR 48 mln. This is KGAL’s first investment on the Polish market.

Russian investment takes heavy hit from US sanctions

schedule 27 September 2018
Eurobuild CEE

RUSSIA Total real estate investment volume in Russia in 2018 could be around USD 3.5 bln, according to JLL, with part of the decline being due to Russia's deteriorating relations with the US.

Immofinanz says goodbye to CA Immo

schedule 27 September 2018

EUROPE Immofinanz has sold its 26 pct stake in CA Immobilien Anlagen (CA Immo) to a subsidiary of the Starwood Capital Group.

Investment & finance

Student housing enters the Zeitgeist

schedule 26 September 2018
Nathan North
managing editor (English section)

POLAND Zeitgeist Asset Management has purchased an office building at ul. Solec 22 in Warsaw, which it intends to convert into student halls.

Investment & finance

Harmony Office Center II sold

schedule 26 September 2018
Eurobuild CEE

POLAND Harmony Office Center II, which is a complex of three office buildings on ul. Żaryna in Warsaw's Mokotów district, has been acquired by the Catalyst Core Plus European Property Fund (CCPEPF) managed by Catalyst Capital for an undisclosed sum.

Investment & finance

Bluehouse sells Margit

schedule 25 September 2018
Alex Hayes
journalist

HUNGARY Bluehouse Capital has sold Margit Palace in Budapest to the Adventum Trium real estate fund for an undisclosed sum. The deal was brokered by CBRE.

Investment activity slows down in H1

schedule 25 September 2018
Eurobuild CEE

EUROPE The total real estate investment volume in Europe reached EUR 97 bln in the first half of the year, according to Savills.

Chopin goes picking for Golden Tulips

schedule 25 September 2018
Eurobuild CEE

POLAND The Office of Competition and Consumer Protection [UOKiK] has reported that Chopin Airport Development intends to purchase all the shares of Residence Management from Qualia Development.

Investment & finance

Corum enters CEE with Metro purchase

schedule 25 September 2018
Nathan North
managing editor (English section)

POLAND Metro Properties, the real estate subsidiary of Metro AG, has sold a property in Poznań with a retail building under a long term lease to Castorama to French investor Corum Asset Management for EUR 20.3 mln.

Metro set to sell Real

schedule 24 September 2018
Opr./edited by AZ

EUROPE German retailer Metro has decided to sell its hypermarkets in order to focus on wholesale and e-commerce.

Crosspoint helps sell Bucharest land

schedule 24 September 2018
Eurobuild CEE

ROMANIA Crosspoint Real Estate, the local partner of Savills in Romania, has brokered the sale of a land plot in Bucharest’s Obor in a deal worth EUR 2 mln for the construction of an 8,000 sqm residential project.

Investment & finance

Poland high in CBRE tech cluster ranking

schedule 21 September 2018
Eurobuild CEE

POLAND Three Polish cities have been listed in CBRE’s latest “EMEA Tech Cities” ranking, which identifies the largest technology clusters in the EMEA region.

Investment & finance

Globalworth sees robust growth

schedule 21 September 2018
Rafał Ostrowski
journalist

POLAND Globalworth has recorded a 135 pct growth of net operating income to EUR 51.7 mln in the first six months of 2018.

Immofinanz closes purchase of S Immo stake

schedule 21 September 2018

EUROPE Immofinanz has signed the purchase agreements for 19,499,437 bearer shares in S Immo, which represent a stake of roughly 29.14 pct.

No need for an SEZ

schedule 20 September 2018

POLAND Regulations have come into force on governmental support for industry.

Investment & finance

Futureal obtains EUR 150 mln loan for Etele Plaza

schedule 18 September 2018
Rafał Ostrowski
journalist

HUNGARY Futureal Group has been granted a EUR 150 mln from UniCredit and Erste Group to finance the the development and long term operations of the Etele Plaza shopping centre next to the Kelenföld railway station in Budapest.

Reesco to become half Italian

schedule 14 September 2018
Opr./edited by TSG

POLAND Polinvest 9, a subsidiary of Italian-based 21 Partners group, wants to purchase a 50 pct stake (50 shares) in Reesco.

Many projects for GTC

schedule 14 September 2018
Anna Pakulniewicz

CEE REGION Over H1 2018, GTC refurbished two buildings (21,600 sqm) in its Green Heart project (formerly known as GTC Square), completed its White House (21,500 sqm) development in Budapest and purchased the Mall of Sofia as well as Sofia Tower. At the end of the period, the company had four projects under construction with 85,000 sqm gla to be completed in 2019 and had plans to start a further three projects this year with a combined 90,000 sqm gla.

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Edition 6 (299) June 2025

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