Investment & finance

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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.

Investment & finance

Immo looking for investor to build Molto in Empark

schedule 24 October 2018
Tomasz Szpyt-Grzegórski

POLAND Immofinanz, the owner of the Empark office complex, the oldest business park in Warsaw’s Służewiec district, is planning the demolition of a number of office buildings and in their stead a residential estate is to be built.

Investment & finance

Estate auctioned once again

schedule 24 October 2018
Eurobuild CEE

BELARUS The former Radziwiłł family estate in the village of Palaneczka near Baranavichy has once again been put up for auction.

Echo Investment issues bonds worth PLN 50 mln

schedule 23 October 2018
Eurobuild CEE

POLAND Echo Investment’s latest bond issue worth PLN 50 mln is fully subscribed.

Investment & finance

Science Park changes hands

schedule 22 October 2018
Alex Hayes
journalist

HUNGARY Goldman Sachs has purchased the Science Park office development in Budapest. CBRE, which represented the vendor, announced the sale on LinkedIn.

Vistula closer to merging with Bytom

schedule 19 October 2018
Eurobuild CEE

POLAND The Financial Supervision Authority has approved the public offer of shares ('O' series) in the Vistula group, which the company intends to exchange for the entire equity of Bytom in a merger deal.

Investment & finance

Retiring to the office

schedule 19 October 2018
Eurobuild CEE

POLAND Orpea Polska has bought an office building in Warsaw’s Nowolipki region from Orange Polska.

Investment & finance

PPF to buy Nevsky Centre

schedule 18 October 2018
Nathan North
managing editor (English section)

RUSSIA Czech investor PPF Real Estate has signed an agreement with Finnish retail group Stockmann to buy the Nevsky Centre mall in St Petersburg for EUR 171 mln.

Investment & finance

Straight back from Iran

schedule 18 October 2018
Eurobuild CEE

BELARUS A 1.3 ha plot in the centre of Minsk at the junction of Niemiga and Liebknechta is to be sold at auction with a starting price of RUB 733,500 (app. EUR 300,000).

Investment & finance

Money granted for Polonia

schedule 04 September 2018
Opr./edited by TSG

POLAND Warsaw councillors allocated PLN 158 mln for the reconstruction of the area of Polonia.

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