CPI Property Group formed a joint venture with Aroundtown SA and announced a cash offer for the entire issued share capital of Globalworth that the JV did not already hold. The two companies currently own more than 50% of Globalworth’s issued share capital.

The delays in the approval of a mixed-use development in Bucharest forced RMB Holding to withdraw a loan of €50 million it had committed to Iulius and Atterbury Europe. 

AFI Europe has signed an agreement for the purchase of Avenir Business Park in Prague 5 owned by Tristan Capital Partners. The office complex, offering more than 25,600 sqm of premium office space, is close to 100% occupancy. Among its tenants are companies such as CSOB, ING, Porsche, McDonald’s, Dermacol and Coloplast.

Real estate developer Ionuț Negoiță acquired a land plot of 10 hectares in eastern Bucharest from industrial company Tubinox. The real estate investor says that this part of the city holds significant potential for the real estate industry.  

Brașov-based real estate developer Qualis Properties has listed its bonds on the Bucharest Stock Exchange (BVB). The company carried out a private placement through which it attracted almost €2.1 million, by selling 3-years maturity bonds with a fixed yearly interest of 9%. 

Immofinanz has sold four office buildings in Warsaw to the Indotek Group, a Hungarian real estate firm. The buildings have a total rental space of approximately 45,300 sqm. The sales price amounts to €72.5 million.

Romanian developer Nordis Group has announced the acquisition of several plots of lands with a combined surface of 23,000 sqm in the seaside resort of Mamaia. 

UK investor Aberdeen Standard European Logistics Income PLC (ASLI) has signed an agreement for the acquisition of the Panattoni Lodz City VIII logistics park for €28 million.

Hungarian state-owned NIPÜF Group, the developer of the Inpark Tatabánya industrial park, sold a two-hectare building plot to the Hungarian subsidiary of Soulbrain. The South Korean company will produce electrolytes for lithium-ion batteries.

pbb Deutsche Pfandbriefbank has provided an investment loan facility totalling €115 million to a fund managed by the Real Estate Group of Ares Management Corporation (Ares), which will utilise the proceeds for the acquisition financing of a logistics portfolio in Poland. pbb acted as arranger and sole lender under the facility.