Investment & finance

RSS

Moody's optimistic over CEE

schedule 17 June 2019
Eurobuild CEE

CEE REGION The credit ratings of retail landlords in Central and Eastern Europe (CEE) should remain stable or improve over the next 12-18 months, according to the latest report be Moody's Investors Service.

Investment & finance

Baltic Horizon completes Galerija Centrs purchase

schedule 14 June 2019
Alex Hayes
journalist

LATVIA The Baltic Horizon Fund has purchased the Galerija Centrs shopping centre in Riga from Linstow by acquiring all the shares of of Tampere Invest.

Investment & finance

Saller buys Radom shopping centre

schedule 13 June 2019
Rafał Ostrowski
journalist

POLAND Saller Group has signed a contract for the purchase of Galeria nad Potokiem in Radom for PLN 24.6 mln.

Investment & finance

Immofinanz splashes out on Warsaw Spire

schedule 13 June 2019
Nathan North
managing editor (English section)

POLAND Immofinanz is to acquire the Warsaw Spire skyscraper (building A of the complex) in the Polish capital for app. EUR 386 mln, subject to approval from the Polish competition authority, in what could be the biggest office investment transaction in Poland this year.

Investment & finance

Koreans buy Twin City Tower

schedule 12 June 2019
Alex Hayes
journalist

SLOVAKIA London-based real estate investment manager Valesco together with Seoul-based AIP Asset Management have purchased the Twin City Tower office building in Bratislava’s Nové Nivy district for EUR 120 mln with South Korean capital.

Investment & finance

Just Gym enters Warsaw in Moje Miejsce

schedule 11 June 2019
Nathan North
managing editor (English section)

POLAND A Just Gym fitness club is to open in Echo Investment’s Moje Miejsce mixed-use complex in Warsaw’s Dolny Mokotów district in Q3 2019.

Investment & finance

Trei buys land for two Vendo Parks

schedule 11 June 2019
Eurobuild CEE

POLAND Trei Real Estate has purchased land for the construction of a Vendo retail park in Kobyłka near Warsaw, which is to be completed by the end of the year, and for a Vendo Park in Kutno near Łódź to be delivered in 2020.

Investment & finance

Reino teams up with RF Corval

schedule 11 June 2019
Eurobuild CEE

CEE REGION Reino Capital, a commercial real estate holding company listed on the Warsaw Stock Exchange, has signed a strategic partnership agreement with Australian investment company RF Corval to invest EUR 750 mln in a common asset management platform for the CEE region.

Orbis sells itself to Accor

schedule 10 June 2019
Eurobuild CEE

CEE REGION Following previous announcements regarding the separation of its business lines, Orbis has decided to dispose of its service business, which includes its franchise and management agreements and has started exclusive negotiations to sell the businesses to its majority stakeholder Accor.

Łódź looking for investors

schedule 07 June 2019
Eurobuild CEE

POLAND The Łódź city authorities are launching promotional services for owners of investment properties in the city centre.

CDRL grows through acquisitions

schedule 07 June 2019
Opr./edited by AZ

POLAND CDRL Group, the Polish owner of the Coccodrillo fashion chain, saw an increase in its sales revenues to PLN 108 mln in Q1, which when compared to PLN 57.1 mln a year earlier represents an increase of more than 89 pct.

Investment & finance

Mas and Prime Kapital with big plans

schedule 07 June 2019
Alex Hayes
journalist

ROMANIA Mas REI with its partner Prime Kapital have announced that they are currently working on a number of projects.

PHN launches PLN 160 mln bond issue

schedule 06 June 2019
Opr./edited by AZ

POLAND Polski Holding Nieruchomości (PHN) has issued A series bonds with a nominal value of up to PLN 160 mln.

Investment & finance

Echo plans further offensives after Q1 results

schedule 06 June 2019
Eurobuild CEE

POLAND Echo Investment started the construction of six new projects in Q1. During the same period the company sold 351 units and bought land for construction of more than 75,000 sqm of residential and office space. Its net profit amounted to almost PLN 32 mln.

Investment & finance

Renaissance Building taken by Leading Cities Invest

schedule 06 June 2019
Eurobuild CEE

POLAND Leading Cities Invest, a fund managed by the KanAm Grund Group, has purchased the Renaissance Building in Warsaw from a fund managed by GLL Real Estate Partners.

Investment still rising in the Baltics

schedule 06 June 2019
Anna Pakulniewicz

LATVIA/LITHUANIA/ESTONIA The combined real estate investment volume in the Baltic states last year totalled EUR 810 mln according to figures published by Newsec in its “Baltic Investment Outlook 2019” report.

Investment & finance

Spar buys Piotr i Paweł

schedule 06 June 2019

POLAND Wasz Sklep Spar, a subsidiary of the Spar Group has signed a purchase agreement for a majority stake in the financially troubled Piotr i Paweł grocery chain from funds managed by TFI Capital Partners.

LPP feeling chuffed with results

schedule 05 June 2019
Eurobuild CEE

POLAND LPP group has registered a 15.7 pct increase in sales to PLN 1.8 bln for Q1 this year. This year the company is targeting online sales in excess of PLN 1 bln with a single online store for the entire EU as well for Ukraine and has plans to debut in Finland.

Delta changes the owner

schedule 09 April 2019

POLAND VD Invest from the Vantage Development group has finalised the sale of the Delta 44 office building in Wrocław for PLN 28.7 mln.

Investment & finance

Rustonka in Korean-Polish hands

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

CZECH REPUBLIC An investment trust fund established by Korean investor Hana Alternative Asset Management and Polish property manager White Star Real Estate has bought the Rustonka office centre in Prague’s Karlín district from J&T Real Estate for an estimated CZK 4.2 bln (app. EUR 163 mln).

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Edition 6 (308) June 2026

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