ARTICLES IN Investment  TOPIC

News Skanska and Prime Kapital might jointly buy 11 ha Bucharest plot
12
Nov
2018

Skanska and Prime Kapital might jointly buy 11 ha Bucharest plot

by Property Forum
Skanska and local developer Prime Kapital might share the 11-hectare Griro platform in Bucharest, controlled by businessmen Nicolae Badea and Fatih Taher, in a €50 million transaction, according to market sources.
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News One United buys Bucharest land and building from Immofinanz
09
Nov
2018

One United buys Bucharest land and building from Immofinanz

by Property Forum
Local developer One United Properties, owned by businessmen Andrei Diaconescu and Victor Capitanu, has acquired the land of the former Ventilatorul plant and an office building near Victoriei Square in Bucharest from Immofinanz. The deal is valued at €39 million, Ziarul Financiar reports.
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News Hungary’s Duna House buys Polish loan broker
06
Nov
2018

Hungary’s Duna House buys Polish loan broker

by Property Forum
Metrohouse Franchise, the 100% subsidiary of Hungary’s Duna House Holding. has signed an agreement in Warsaw to acquire 100% ownership in Gold Finance Sp. z o.o. The total investment was €908,000 (PLN 3.9 million), out of which the purchase price was PLN 3.5 million, plus MF acquired shareholder loans from the sellers with the face value of PLN 0.4 million.
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News Crosspoint helps sell Bucharest building to local investor
06
Nov
2018

Crosspoint helps sell Bucharest building to local investor

by Property Forum
Crosspoint Real Estate, an international associate of Savills in Romania, has assisted the sale of the Bank of Cyprus building from SIF Banat Crişana to a firm belonging to a Romanian businessman. Crosspoint negotiated on behalf of SIF Banat Crişana both in the acquisition stage of the building, and later at the sale stage to the private investor.
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News Globalworth buys two Warsaw office buildings
31
Oct
2018

Globalworth buys two Warsaw office buildings

by Property Forum
Globalworth Poland has entered into a preliminary sale and purchase agreement with Unibail-Rodamco-Westfield for the landmark acquisition of two high-quality office buildings in Warsaw, known as Skylight and Lumen.
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News Cromwell European REIT acquires 23 properties in Europe
31
Oct
2018

Cromwell European REIT acquires 23 properties in Europe

by Property Forum
Cromwell EREIT Management Pte. of Cromwell European Real Estate Investment Trust has announced the acquisition of 23 properties across five countries in Europe. These comprise 16 properties in the Netherlands, Finland and Poland, two properties in Italy, as well as five properties in France.
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News M7 Czech Republic to buy Wroclaw office building
29
Oct
2018

M7 Czech Republic to buy Wroclaw office building

by Property Forum
VD Invest, subsidiary of Vantage Development, has signed a preliminary conditional agreement with IKI Poland, subsidiary of M7 Czech Republic group, for the sale of Wroclaw office building Delta 44. GVA Polska represented the seller in the transaction.
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News pbb provides €43 million to Revetas for Bucharest acquisition
25
Oct
2018

pbb provides €43 million to Revetas for Bucharest acquisition

by Property Forum
pbb Deutsche Pfandbriefbank has provided a credit facility of €43 million to Revetas Capital Fund III for the acquisition of the newly built office complex called The Landmark, in Bucharest, Romania. It is envisaged that an affiliate of Cerberus Capital Management will join Revetas in this transaction. pbb acted as arranger and sole lender under the facility.
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News Atrium completes €300 million retail acquisition in Warsaw
25
Oct
2018

Atrium completes €300 million retail acquisition in Warsaw

by Property Forum
Atrium European Real Estate Limited has completed the purchase of the Wars Sawa Junior retail centre in Warsaw, Poland for €301.5 million. Following the acquisition, 84% of the company’s portfolio is located in Poland and the Czech Republic and includes four prime centres in Warsaw and two in Prague.
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News Echo Investment places bond issuance of PLN 50 million
25
Oct
2018

Echo Investment places bond issuance of PLN 50 million

by Property Forum
Individual investors have subscribed to all offered I-series bonds of Echo Investment. The developer will issue the securities worth PLN 50 million (app. €11.6 million).
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Latest news


New leases

  • The Hungarian branch of Tech Mahindra has prolonged its lease in the CityZen office building in Budapest. OTIS Group has also signed an extension of its lease on the same property.
  • Poland's only concept store of the fashion brand PRM can now be visited at Fabryka Norblin, a complex in the Capital Park Group's portfolio in Warsaw. The PRM store occupies an area of nearly 600 sqm.
  • Douglas is opening its 150th perfumery in Poland, in Galeria Starówka in Leszno (western Poland). The new perfumery occupies an area of 196 sqm and is the second perfumery in the city.

New appointments

  • Piotr Herian has taken up the position of ISS CFO for Poland and the Baltics. ISS is a leading company in the creation of friendly workplaces and comprehensive facilities management.
  • Paulina Strutyńska has been promoted to the position of Leasing & Asset Director at Skanska’s commercial development business unit. She is now responsible for leasing processes in the Warsaw market as well as Key Customer Management. Agnieszka Krawczyk-Rogowska is responsible for project commercialization and client liaison in Gdańsk, Kraków, and Bucharest, while Marek Stasieńko is responsible for the Wrocław, Poznań, and Łódź markets.
  • The Supervisory Board of Globe Trade Centre S.A. has appointed Balázs Gosztonyi as a member of the Management Board of GTC S.A. Balázs Gosztonyi has held the position of Chief Financial Officer at GTC Hungary since January 2024. He joined GTC Group in September 2023 as Group Controlling Director.

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