Investment & finance

RSS

Romanian investment environment improves

schedule 25 January 2018
Eurobuild CEE

ROMANIA Last year’s property investment volume for Romania is estimated at almost EUR1 bln, which is 10 pct higher than in 2016 (EUR 890 mln), according to figures from Jll.

Orco buys 380 ha

schedule 24 January 2018

CZECH REPUBLIC Orco has purchased plots with a combined area of 380-ha in the north and west of the Czech Republic from its mother company CPI Property Group.

Lokum buys grain plant

schedule 24 January 2018

POLAND Olczyk Lokum 13 A subsidiary of Lokum Deweloper has purchased the perpetual usufruct to a former industrial complex of Polskie Zakłady Zboźowe [Polish Grain Plant] on ul. Klimeckiego in Kraków.

Investment & finance

Slovak investor enters Poland

schedule 24 January 2018
Rafał Ostrowski
journalist

POLAND Real estate investment fund ZFP realitní fond managed by ZFP Investments, which is part of the Slovak asset manager IAD Investments, has finalised the acquisition of the Kotlarska 11 office project in Kraków from UBM for EUR 30 mln.

Dom Development announces preliminary results

schedule 23 January 2018
Eurobuild CEE

POLAND Dom Development has announced preliminary results of 3,975 apartments net sold in 2017, which includes 1,049 in Q4.

Kraków Special Economic Zone with new investors

schedule 23 January 2018

POLAND On the 27th of December 2017 the Kraków Special Economic Zone issued permits for two companies to set up in the Kraków Technological Park in Jędrzejów, which has been a subzone of the SEZ since 2016.

Investment & finance

InfoPark A changes hands

schedule 23 January 2018
Alex Hayes
journalist

HUNGARY Diófa Alapkezelő has bought the 14 000 sqm InfoPark A office building on behalf of the Magyar Posta Takarék Real Estate Investment Fund from CA Immo.

Investment & finance

pbb refinances Futurama

schedule 23 January 2018
Alex Hayes
journalist

CZECH REPUBLIC Caerus IM on behalf of and together with,a private separate account client has concluded the third phase of a medium-term acquisition and re-financing debt facility with Germany’s pbb Deutsche Pfandbriefbank for ‘Futurama Business Park’ in Prague 8. The total value of the loan has not been disclosed.

Investment & finance

Union Investment buys two Holiday Inn hotels in Poland

schedule 23 January 2018
Rafał Ostrowski
journalist

POLAND Hamburg-based real estate investment manager Union Investment has announced the purchase of two hotel properties on behalf of two of its funds from UBM for EUR 80 mln. The properties, include the Holiday Inn Gdańsk City Centre project, which is being built in Gdańsk and the recently opened Holiday Inn Warsaw City Centre in the capital.

EPP prepares another acquisition

schedule 22 January 2018
Eurobuild CEE

POLAND Echo Polska Properties (EPP) intends to buy the King Cross Marcelin shopping centre in Poznań through the takeover of the mall’s owner Poznań Żonkil.

Investment & finance

Angel Care changes hands

schedule 22 January 2018
Aneta Cichla

POLAND The Angel Care care home for the elderly in Wrocław, has been purchased by Medi-System from Angel Poland Group.

Mirbud officially solvent

schedule 22 January 2018
Eurobuild CEE

POLAND A District Court in Łódź has thrown out a petition for the bankruptcy of Mirbud filed by Fabryka Biznesu as being groundless and as having been submitted mala fides.

Investment & finance

Golden Star acquires DOT Office

schedule 22 January 2018
Rafał Ostrowski
journalist

POLAND Amsterdam-based investment firm Golden Star Estate has acquired the DOT Office complex in Kraków from Grupa Buma for an undisclosed sum.

Investment & finance

Waryński looking for Eqlibrium buyers

schedule 22 January 2018
Eurobuild CEE

POLAND Waryński has put up for sale the Eqlibrium office building located in Warsaw’s Wola district.

Apsys buys CFI

schedule 19 January 2018
Nathan North
managing editor (English section)

EUROPE Financière Apsys, which specialises in the development, holding and management of retail properties in France and in Poland, has acquired a 89.11 pct stake in Euronext-listed Compagnie Foncière Internationale (CFI) from Yellow Grafton SC.

Investment & finance

Union Investment assets grow

schedule 19 January 2018
Tomasz Cudowski
editor-in-chief

POLAND/EUROPE Union Investment Real Estate carried out acquisitions and sales transactions with a total value of EUR 3.8 bln last year, while the value of the assets managed by its real estate funds also increased last year, from EUR 31.8 to 34.5 bln.

Investment & finance

Krych steps down from Griffin

schedule 18 January 2018
Tomasz Szpyt-Grzegórski

POLAND Przemysław Krych has resigned from all the positions he held at Griffin Real Estate and affiliated entities following his detention on corruption charges, the company has announced.

Fitch and Moody's Warsaw love-in

schedule 18 January 2018
Eurobuild CEE

POLAND Fitch has included Warsaw on its long term international rating for the first time, giving the city the highest possible score.

EY sets up WAM advisory

schedule 18 January 2018
Rafał Ostrowski
journalist

CZECH REPUBLIC EY in the Czech Republic has expanded its services with the addition of a wealth and asset management (WAM) advisory.

Postimaja sold

schedule 17 January 2018
Anna Pakulniewicz

ESTONIA Northern Horizon Capital, as the manager of the Baltic Horizon Fund, has signed an agreement with Osaühing Letona Properties to acquire the Postimaja shopping centre in Tallinn.

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