Investment & finance

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Investment & finance

CPI buys Atrium

schedule 30 May 2018
Alex Hayes
journalist

POLAND CPI property Group has announced the acquisition of the Atrium Centrum and the Atrium Plaza office buildings in Warsaw.

CCC sees revenue drop

schedule 29 May 2018

EUROPE CCC closed Q1 of this year with a 4 pct drop in revenues with sales of PLN 694 mln. Its online revenue increased by 52 pct to PLN 168 mln and its store area increased by 16,000 sqm to a total of 552,000 sqm in 934 stores, including 484 outside Poland. “

Investment & finance

West Link sold

schedule 25 May 2018
Alex Hayes
journalist

POLAND The sale of the West Link office building in Wrocław to Globalworth Poland has been completed. Echo Poland sold the building for EUR 35.8 mln by Echo Investment with the preliminary sales agreement having been signed in March 2017.

PIMCO and Echo agree on Resi4Rent

schedule 24 May 2018
Eurobuild CEE

POLAND R4R Sarl, which is part of a PIMCO managed fund, and developer Echo Investment have set up Resi4Rent, a joint venture that is to be the largest residential rental platform in Poland.

Investment & finance

Globalworth still raising funds

schedule 18 May 2018
Alex Hayes
journalist

ROMANIA Globalworth Real Estate Investment in partnership with BT Capital Partners, a company of Banca Transilvania Financial Group, has announced the second admission to trading on the Bucharest Stock Exchange (BVB) of corporate bonds issued by the company with a total value of EUR 550 mln.

AFI on a roll

schedule 17 May 2018

ROMAIA AFI Europe Romania has published its financial results.

Europe looking rather pricey

schedule 16 May 2018
Alex Hayes
journalist

EUROPE According to Cushman & Wakefield’s 'European Fair Value Index' quarterly report there are fewer investment opportunities across Europe.

Investment & finance

Accor takes over Mövenpick

schedule 15 May 2018
Anna Pakulniewicz

EUROPE AccorHotels has signed an agreement with Mövenpick Holding and Kingdom Holding to buy Mövenpick Hotels & Resorts for CHF 560 mln (EUR 482 mln).

Strong earnings for Sonae Sierra

schedule 15 May 2018
Eurobuild CEE

EUROPE Shopping centre manager Sonae Sierra recorded a profit of EUR 15.3 mln net for the first three months of 2018, which represents a slight drop on the EUR 15.9 mln from the same period of the previous year.

Orion plans 800 Kraków apartments

schedule 10 May 2018
Tomasz Cudowski
editor-in-chief

POLAND Orion Ogrody 3, a subsidiary of Orion Investment, has bought a 3.34 ha plot in Kraków for the development of a large residential estate.

Investment & finance

Globalworth snaps up Quattro

schedule 09 May 2018
Alex Hayes
journalist

POLAND Globalworth Poland Real Estate has agreed terms and is conditionally proceeding with the acquisition of Quattro Business Park in Kraków.

Hagag raises money for further Bucharest investment

schedule 07 May 2018
Alex Hayes
journalist

ROMANIA Hagag Development Europe has recently launched an IPO on the Tel Aviv stock exchange covering its projects to be developed in Romania.

Investment & finance

Campus 6.1 sold to CA Immo

schedule 07 May 2018
Nathan North
managing editor (English section)

ROMANIA CA Immo has acquired the Campus 6.1 office building in Bucharest from Skanska in a deal worth app. EUR 53 mln. The closing of the transaction is subject to all the usual the conditions and is expected to take place by the end of this year.

Neupack grows in Bydgoszcz

schedule 01 February 2018
Eurobuild CEE

POLAND MMP Neupack Polska plans to invest PLN 50.4 mln in Bydgoszcz.

Investment & finance

Vastint buys Poznań abattoir

schedule 30 April 2018
Alex Hayes
journalist

POLAND Vastint Poland has acquired the historic Slaughterhouse quarter (Rzeźnia Miejska) in Poznań.

Globalworth borrows from Globalworth

schedule 30 April 2018
Eurobuild CEE

POLAND Globalworth Poland (which was previously known as Griffin Premium Real Estate before being taken over by a Romanian investor) has borrowed EUR 400 mln from. Globalworth Finance Guernsey, which is a company from the same group.

EIB finances Balkan motorways

schedule 30 April 2018
Alex Hayes
journalist

BOSNIA AND HERZEGOVINA The European Investment Bank has signed two loans worth EUR 150 mln for the construction of two sections of the Corridor VC pan-European road link, connecting Budapest and Eastern Croatia to the Adriatic coast through Bosnia and Herzegovina.

Investment & finance

Warsaw Spire half sold

schedule 27 April 2018
Rafał Ostrowski
journalist

POLAND New York-based investor Madison International Realty has bought a 50 pct stake in the Warsaw Spire office building in Warsaw on behalf of its Madison International Real Estate Liquidity Fund VI, which has now become the equaljoint owner alongside the Ghelamco GP12 fund.

Investment & finance

Atrium sells Militari

schedule 27 April 2018
Alex Hayes
journalist

ROMANIA Atrium European Real Estate has sold the Atrium Militari shopping centre in Bucharest to South African investor MAS Real Estate for EUR 95 mln.

Investment & finance

GTC snaps up mall of Sofia

schedule 26 April 2018
Alex Hayes
journalist

BULGARIA GTC has purchased the Mall of Sofia in the centre of the city for EUR 90 mln.

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