Articles in INVESTMENT topic

09
Sep
2021

ConvergenCE sells Budapest office building to local investor

by Property Forum

ConvergenCE closed the sale of the Árpád Center office building at the end of summer 2021. The property at the junction of Árpád Bridge and Váci Road was acquired by Investum Kft. During the transaction, ConvergenCE was represented by Cushman & Wakefield.

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08
Sep
2021

CTP accelerates expansion in Bulgaria

by Property Forum

CTP has recently finalised two strategic acquisitions in Bulgaria as part of its two-year, €300 million expansion plan to further grow its presence in the country.

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08
Sep
2021

Paris-based MNK Partners buys university building in Budapest

by Property Forum

MNK Partners has acquired the Kodolányi János University building on Frangepán Street in Budapest on behalf of its MNK One Fund.

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07
Sep
2021

CBRE brokers sale of Budapest office building

by Property Forum

The IN15 Office Park in Northern Pest has changed hands. CBRE supported the seller's side in the transaction. The 19,000 sqm office building’s sale shows that there is activity in the market despite the pandemic.

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06
Sep
2021

Marynarska Point I office building in Warsaw changes hands

by Property Forum

Savills Investment Management has completed the disposal of Marynarska Point I, an office property located in Warsaw to an investment fund managed by Adventum Group. The parties have agreed not to disclose the purchase price.

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06
Sep
2021

Fortress buys 50,000 sqm industrial park near Bucharest

by Property Forum

Property investment trust Fortress, based in South Africa, has reached an agreement to purchase ELI Park 1, an industrial project in Buftea-Chitila, near Bucharest, for an undisclosed sum. The sellers of the 50,000 sqm project are Element Industrial and Pavăl Holding.

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02
Sep
2021

AFI Europe plans mixed-use project in Bucharest

by Property Forum

Property developer AFI Europe aims to secure permits for a new mixed-use scheme that would be located near its Bucharest-based shopping centre.

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02
Sep
2021

Trigea buys retail parks in Olomouc and Ostrava

by Property Forum

Czech real estate fund Trigea bought two retail parks in Moravia – Retail Park Haná in Olomouc and the shopping centre Retail Park Ostrava, expanding its existing portfolio of three properties with additional retail projects.

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02
Sep
2021

DL Invest Group sells retail centre in Zgorzelec

by Property Forum

DL Invest Group has finalised the sale of the DL City shopping centre in Zgorzelec in Lower Silesia. The return on equity of the transaction is 253% and the return on the investment comes to as much as 63%.

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02
Sep
2021

Adventum Group’s new fund buys Warsaw office building

by Property Forum

Adventum Investment Fund Management has completed the first close of its latest Fund, Fund V (Penta) in August 2021. The investor acquired the Marynarska Point I office building in Warsaw from Savills Investment Management.

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Latest news

New leases

The ČEZ Group has leased a space of over 2,500 sqm at Brno Airport Park in a deal brokered by 108 Real Estate. The park is owned and asset-managed by the investment group Accolade. The operation of the park is overseen by Panattoni, with Blue Assets serving as the property manager.
The owners of the luxury patisserie chain DESEO Patisserie & Chocolaterie have extended their long-term lease at the Vis à Vis Wilanów retail park. The company occupies 93 sqm of stylishly arranged space within the building.
Funky Buddha, an international fashion brand part of the ALTEX S.A. group, is continuing its expansion into the Romanian market with the inauguration of its first store outside Bucharest, located in Iulius Town Timișoara. The new location, situated on the ground floor of the complex, marks the brand's second physical presence in the country.

New appointments

Nhood has appointed Mihaela Petruescu as the new Country Director for Property Services Romania & Poland as of October. She previously held leadership positions at large real estate firms, such as Cushman & Wakefield Echinox and CBRE Romania.
Daniel Orczyk has been named Senior Project Manager at the technical advisory department of Avison Young in Poland. He is a licensed structural engineer and building site manager with over 20 years of experience.
Łukasz Meisner has joined Peakside Capital Advisors as Head of Project Management. He will be responsible for the management of Peakside's investment projects in Poland, including overseeing the implementation of key investments within the City Point, Urban Parks, and Peakside Industrial logistics platforms.