Investment & finance

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Investment & finance

Ceetrus looking for partners

schedule 12 July 2018
Eurobuild CEE

POLAND Ceetrus Polska (formerly Immochan), which owns a large land bank (200 ha – or about 280 football pitches), is planning to gradually develop these sites and is inviting investors to cooperate on such projects.

CBRE sets up SEE office

schedule 12 July 2018
Rafał Ostrowski
journalist

SEE REGION CBRE has started real estate advisory services for international and domestic clients in South Eastern Europe (SEE).

Investment & finance

Buma takes over Octava portfolio

schedule 11 July 2018
Eurobuild CEE

POLAND Buma Service of Buma Group has announced the acquisition of the management of a portfolio of Warsaw real estate assets from the Octava FIZAN fund.

EUR 100 mln for take-overs in Poland

schedule 11 July 2018
Anna Pakulniewicz

POLAND Helaba, acting as facility and security agent, and PBB Deutsche Pfandbriefbank have jointly underwritten an investment facility to finance four office properties in Poland.

Tower sells retail to Metropolitan

schedule 10 July 2018
Eurobuild CEE

POLAND Tower Investments has sold a retail unit on ul. Konstruktorska in Warsaw with a car park to Projekt Konstruktorska, a subsidiary of Metropolitan Investment.

Investment & finance

Panattoni portfolio sold to Redefine

schedule 09 July 2018
Anna Pakulniewicz

POLAND ELI, a company incorporated in the Netherlands and co-managed by Griffin Real Estate, has finalised the acquisition of a portfolio of nine operating logistics parks developed by Panattoni Europe.

Investment & finance

Metropoint shops change hands

schedule 03 July 2018
Tomasz Cudowski
editor-in-chief

POLAND Asbud has sold a number of retail and service premises on the ground floor of the Metropoint Apartments development in Warsaw’s Wola district complex to private investors.

Investment & finance

Lincoln and Fidurock enter Slovakia together

schedule 29 June 2018
Nathan North
managing editor (English section)

SLOVAKIA US investor Lincoln Property Company and Czech/Dutchcompany Fidurock have completed their first two real estate acquisitions in Slovakia.

Investment & finance

NEPI Rockcastle takes Mlyny

schedule 28 June 2018
Alex Hayes
journalist

SLOVAKIA NEPI Rockcastle has bought the Galeria Mlyny mall in Nitra through its subsidiary NRP Shopping Centre Project Two.

Yit teams up with RSJ

schedule 27 June 2018
Anna Pakulniewicz

SLOVAKIA Yit Slovakia and RSJ Investments have established a joint venture that will develop phases 4-11 of Yit’s Nuppu residential project and the entire Zwirn residential and business mixed-use project in Bratislava, Slovakia.

Neinver winds up IRUS ERPF

schedule 27 June 2018
Alex Hayes
journalist

EUROPE Neinver has closed its IRUS ERPF (European Retail Property Fund) with a 9 pct return, making it one of the highest-return funds of its type.

Investment & finance

Poland on investment radar

schedule 25 June 2018
Anna Pakulniewicz

POLAND Poland and also the CEE region as a whole is on the radar of investors due to the favourable global conditions, according to Przemysław Kucharski, managing partner, Kucharski & Partners, who talked to us during the 4th Investment Market Conference of Eurobuild Conferences.

Investment & finance

Yit buys Parkur Tower

schedule 22 June 2018
Eurobuild CEE

POLAND Yit has acquired the Parkur Tower office building in Warsaw and an adjacent area of 1 ha from UBM Polska through the purchase of SPV GF Ramba.

Investment & finance

Warsaw plot for sale

schedule 21 June 2018
Tomasz Szpyt-Grzegórski

POLAND A bankruptcy trustee has put up for sale a plot near the Brama Zachodnia office building on the western fringe of central Warsaw.

Investment & finance

Reymonta with financing

schedule 21 June 2018
Eurobuild CEE

POLAND Mirbud subsidiary JHM Development has been granted a PLN 35.7 mln development loan to finance Reymonta Apartments by a consortium of Bank Polskiej Spółdzielczości and Bank Spoldzielczy in Sochaczew.

Investment & finance

Explora goes to Golden Star

schedule 20 June 2018
Nathan North
managing editor (English section)

CZECH REPUBLIC Avestus Capital Partners has finalised the sale of the Explora Business Centre in Nové Butovice in Prague 5 to Golden Star Group for an undisclosed sum.

Investment & finance

Revetas takes over TriGranit

schedule 18 June 2018
Eurobuild CEE

CEE REGION Revetas, a specialist real estate investment manager , together with funds managed by Goldman Sachs Asset Management, has announced the acquisition of TriGranit from TPG Real Estate. The terms of the transaction were not disclosed.

WP Carey and CPA:17 to become one

schedule 18 June 2018
Alex Hayes
journalist

WORLD The management of WP Carey has unanimously approved the company’s merger with Corporate Property Associates 17 – Global Incorporated (CPA:17), a publicly-held non-traded REIT that it advises.

Investment & finance

Metronom swings to REICO

schedule 15 June 2018
Alex Hayes
journalist

CZECH REPUBLIC HB Reavis has sold Metronom Business Center in Prague-Butovice to ČS nemovitostní fond, a fund managed by Česká spořitelna’s REICO investiční společnost, for CZK 2.3 bln (app. EUR 89.5 mln).

Investment & finance

First Property with university support

schedule 13 June 2018
Alex Hayes
journalist

POLAND First Property has acquired new investors for the Kraków Business Park KBP with EUR 33 mln invested in FProp Phoenix, the holding company for the property.

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