Argo Properties N.V., a Dutch company active in the German residential private rented sector, completed an initial public offering in which Cordia International participated as a part of its international expansion strategy.

Slovenská sporiteľňa Asset Management’s ERSTE Realitná Renta real estate fund has bought Bratislava-based Zuckermandel’s office part from J&T Real Estate. This represents the 2019-founded fund’s first property portfolio acquisition.

The RSBC investment group of financier Robert Schönfeld bought the Milenium Center office complex on Hybešov Street in Brno from Generali Investments' CEE investment fund. The market value of the asset in the heart of the Moravian metropolis is estimated at €7.8 million (CZK 200 million).

Hungarian developer Infogroup has closed a successful bond issue as part of the National Bank of Hungary's (MNB) Bond Funding for Growth Scheme. During the rating procedure, the group was assigned BB- and the bond was rated BB. The funds raised through the bond issue will be used to carry out industrial property projects.

pbb Deutsche Pfandbriefbank (pbb) and Helaba have jointly underwritten an investment facility, totalling €130 million to refinance “Dock In Office Park” (4 buildings) in Prague for Crestyl Group. pbb and Helaba are acting as joint lead arrangers providing equal portions of the funding. pbb also acted as facility and security agent of the transaction.

UK-based property investor Resolution Property, a key partner of leading Chinese investment firm Fosun, has acquired its third office building in Budapest. The 16,270 sqm BC 140 building, located on the Váci Road office corridor, has been sold by German asset management company DWS.

MidPoint71, an office building developed by Echo Investment in Wrocław, will become the new head office of the Business Service Centre of 3M. The tenant will move into the new location in the first quarter of 2022.

Romania’s Vox Property Group says it secured €19.5 million in funding from CEC Bank that will be used to refinance other loans and to support ongoing projects in the country. 

At the end of April 2021 Adgar Poland bought the building of PDT Wola. With an area of almost 10 thousand square meters, the structure is located in the middle of the historical Wola and for years has been one of the most important points on the architectural map of the district. Part of the building will be destined for the Brain Embassy – providing coworking space, offices, private spaces for companies, and conference and training rooms.

The European Bank for Reconstruction and Development has successfully subscribed to a €24.7 million ticket as part of an inaugural five-year €300 million green bond issuance by MAS Securities BV. The firm is wholly owned by MAS Real Estate Inc., an investor and operator of predominantly retail real estate assets that focuses on CEE.