ARTICLES IN Investment TOPIC

30
Jun
2016

What does Brexit mean for CEE property markets?

by Ákos Budai
Last Thursday the United Kingdom has voted to leave the European Union which has triggered panic on financial markets. Players of the property market are also in shock all over Europe, eager to find out what Brexit means for the future of their investments. 
Read more >
29
Jun
2016

Warburg-HIH Invest finalises Warsaw investment deal

by Ákos Budai
Warburg-HIH Invest Real Estate GmbH (Warburg-HIH Invest) has finalised the Sales & Purchase Agreement for the office property Prime Corporate Center in the city centre of Warsaw. The transaction, which took the form of an asset deal, was carried out as a club deal for four separate accounts of German institutional investors. The property has been sold by the Warsaw-based developer Golub GetHouse. The buyer was represented in this transaction by Cushman & Wakefield.
Read more >
29
Jun
2016

NEPI invests in Romania and Serbia

by Ákos Budai
New Europe Property Investments (NEPI) has closed several transactions in Southeastern Europe. The Group has concluded an agreement to acquire a shopping centre in Sibiu, Romania, a minority interest in Mega Mall Bucharest, Romania and a land plot in Novi Sad, Serbia.
Read more >
23
Jun
2016

Romania needs more international investors

by Ákos Budai
Last year has proven to be a turning point for the Romanian investment market. An increased number and more diverse group of investors started looking at individual assets and portfolios, resulting in the largest number of transactions since the beginning of the crisis. Will this upward trend continue into 2016 and 2017? We report from SEE Property Forum 2016, a conference co-organised by Portfolio Conferences and RICS, where the biggest players of the Romanian investment market came together to talk about the future. 
Read more >
22
Jun
2016

Invesco Real Estate sells office building in Warsaw

by Ákos Budai
Invesco Real Estate (IRE) has announced the sale of Zaulek Piekna office building on behalf of one of its separate account clients in Germany to GLL Real Estate Partners GmbH.
Read more >
22
Jun
2016

Diófa Fund Management invests in retail

by Ákos Budai
Diófa Fund Management has announced the purchase of Europark shopping centre in Budapest from Unibail Rodamco. The acquisition is a result of a one year long and constructive cooperation between the parties and was entirely funded by own capital. Due to new investment fund restrictions it is highly possible that this was the first and last shared deal on the market.  
Read more >
22
Jun
2016

HB Reavis and HB Reavis CE REIF sell large logistics portfolio

by Ákos Budai
HB Reavis Group and HB Reavis CE REIF fund have jointly sold for €79 million a 132,000 sqm portfolio of logistics centres in the Czech Republic and Slovakia to Macquarie Infrastructure and Real Assets, part of the Macquarie Group, one of the largest global investment banking and diversified financial services groups in the world. The fully-occupied portfolio consists of 2 assets owned by HB Reavis Group and 2 assets held by HBR CE REIF.
Read more >
22
Jun
2016

OTP REIT acquires 35,000 sqm logistics property in Hungary

by Ákos Budai
Within two months OTP Real Estate Investment Fund has already added the second logistics property to its portfolio. The 35,000 sqm warehouse complex is located in South-Pest, within the Gyál Business Park, near the M5 motorway and several multinational companies. The transaction is part of OTP Real Estate Investment Fund Management’s ongoing portfolio development, therefore further transactions can be expected in 2016.
Read more >
17
Jun
2016

German asset manager KGAL buys office building in Budapest

by Ákos Budai
German asset and investment manager KGAL has purchased the Eiffel Square office building located in Budapest, representing the largest office transaction in Hungary in 2016 and marking the return of core investors in Hungary. 
Read more >
09
Jun
2016

Immofinanz sells 18.5 million BUWOG shares

by Ákos Budai
Immofinanz today sold approx. 18.5 million BUWOG shares to SAPINDA Group, a company located in Amsterdam, London and Luxembourg. The price of EUR 19.00 per share – for a total of approx. EUR 352 million – is 3.5% higher than yesterday’s closing price of EUR 18.36. 
Read more >

Latest news


New leases

  • Westinghouse Electric Company will occupy a space of over 1900 sqm in the Zabłocie Business Park B office building in Kraków. JLL represented the tenant during the contract negotiation process.
  • Grupa Azoty, a producer of fertilizer and chemical components has extended its lease in the Warsaw Trade Tower. The company occupies 1,160 sqm in the skyscraper, which is owned by Globalworth.
  • 108 Agency Slovakia has mediated the lease of 720 sqm for its client Mercurtrade in Beta – Car Park Pezinok.

New appointments

  • Spaceflow, a tenant experience company, appoints Ken Norton as its Vice President of Sales. Among Norton’s goals is to accelerate the growth of its client base, while scaling Spaceflow's sales team in their international markets and optimizing the sales processes. Norton joined Spaceflow after three years as Head of Sales at LandInsight, now Landtech. Prior to joining LandInsight, he was in Business Development at Estates Gazette.
  • Benoit Lheureux will replace Gerard Gallet as a CEO of Auchan Polska. Gerard Gallet will remain a Member of the Board.
  • Tomasz Łapiński, former CFO of Cordia Poland, has returned to the company as Development Director and Vice President. He will be responsible for strengthening Cordia's position in Poland, its development and further integration with Polnord.


ABOUT US

Property Forum is a leading event hub in the CEE real estate industry with nearly 10 years of experience. We organise conferences, business breakfasts and workshops focused on real estate, in London, Vienna, Budapest, Bucharest, Bratislava and Prague, amongst other locations.
Please send press releases to
newsdesk@property-forum.eu
MORE >

CONTACT

NEWSLETTER

Sign up today for the latest news

I have read the Privacy Policy of International Property Network Inc. and I consent to International Property Network Inc. sending me newsletters and managing my personal data provided for this purpose.

 

Property Forum © 2017 – 2021 | Terms & conditions | Privacy policy