The Management Board and the Supervisory Board of Immofinanz have decided to launch a voluntary public takeover offer to acquire a controlling interest pursuant to Section 25a of the Austrian Takeover Act for all outstanding no-par value bearer shares of S Immo not owned by the bidder.

The Arete Group of investment funds completed the entire transaction and transferred ownership of the complete portfolio of the Arete Invest CEE II subfund in the amount of €113.2 million (CZK 3 billion) to Cromwell European REIT (CEREIT) a publicly-traded real estate investment trust listed on the Singapore Stock Exchange.

One United Properties announces that it has paid approximately 10 months before maturity the payment of bonds worth €20 million to a Polish investment fund.

South African investor Fortress REIT has acquired two logistics parks in Bydgoszcz and Stargard from Griffin Property Finance. This is the first direct acquisition in Poland by Fortress REIT and the value of the transaction has not been disclosed.

COVID-19 has slowed the activity of office developers, but intensified competition in the residential land market. Warehouses are now so popular among investors that one can speak of a shrinking supply of land for more of these projects. JLL analyses trends in the investment land market for office, residential, retail, logistics/industrial and hotel projects in Poland.

Linklaters has advised the Czech investor Investika realitní fond, OPF on the acquisition of the Szyperska Office Center office building in Poznań from Wechta Nieruchomości sp. z o.o., which is a company from the group of one of the largest developers in Greater Poland.

“Sheds, Beds, Meds” and other alternative market sectors will dominate the EMEA investment agenda this year, as investors remain risk-averse, focusing on core markets with better long-term growth prospects until the economic impact of COVID-19 abates. These findings form part of ‘The Signal Report: Investor’s Quarterly Guide to 2021’, the latest global investment insights from Cushman & Wakefield.

Consistent implementation of planned investments now requires companies to search for alternative ways of raising capital.

The valuation department of the real estate consulting company Cushman & Wakefield Echinox evaluated in 2020 over 350 properties with a total value of €4.2 billion, while the research department provided consultancy to developers for the start of new projects with a market value of over €250 million.

Sale and leaseback transactions (S&LB) in Europe reached a total of €8.4 billion in 2020, 8.5% higher than the five year average, with the trend set to continue into 2021, according to Savills. Also in Poland, Savills sees an increasing number of companies willing to take the sale and lease back route mainly in industrial and retail sectors.