Events

Develia has signed a preliminary agreement to acquire 100% of shares in Bouygues Immobilier Polska, the  Polish branch of Bouygues Immobilier, a property developer in France. The price set in the preliminary agreement is €66.5 million (approx. PLN 283.6 million). The acquisition will allow Develia to increase the number of residential units under development and enhance the growth potential of its land bank in Warsaw, Poznań, and Wrocław.

Budapest-based Shopper Park Plus (SPP) is considering a range of financing options to further its corporate development, following the successful completion of a portfolio deal in Slovakia with a 9.5% yield. 

Miscommunication is a significant impediment to deal timelines in the real estate and M&A sectors, finds a recent study by Drooms and Statista.