ARTICLES IN Investment  TOPIC

News Immofinanz acquires eight retail parks in SEE
15
Nov
2018

Immofinanz acquires eight retail parks in SEE

by Property Forum
Immofinanz is driving the expansion of its Stop Shop retail park brand and has now purchased eight retail parks in Slovenia, Serbia and Croatia. The purchase price totals approximately €90.5 million. The newly acquired properties are fully rented and generate an annual rental income of roughly €7.2 million, which represents a gross return of 8.0%. These transactions increase Immofinanz’s Stop Shop portfolio to 80 locations in nine countries with over 567,000 sqm of rentable space and a carrying amount of approx. €800 million. Further acquisitions are currently under evaluation, and two Stop Shops in Poland and Serbia are now in the active development phase.
Read more >
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.
Read more >
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.
Read more >
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.
Read more >
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.
Read more >
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.
Read more >
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.
Read more >
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.
Read more >
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.
Read more >
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.
Read more >

Latest news


New leases

  • The Embassy of the Republic of the Philippines has moved to Bucharest-based SkyTower, operating out of a 580 sqm space under a 5-year lease agreement. The building also hosts the Embassy of the Republic of Korea in Romania.
  • De Heus, a producer of animal feed, which has built a strong presence in the Polish market, has leased 7,050 sqm of warehouse and office space at GLP Łódź III Logistics Centre. This is the first Class A warehouse of De Heus in Poland. The tenant was advised by specialists from Newmark Polska during the search for the right space and throughout the lease negotiations.
  • Endava has leased an additional 2,400 sqm in the UBC 1 building, part of the Palas Iași mixed-use complex owned by Iulius. This expansion brings its total office area to 5,500 sqm.

New appointments

  • MLP Group strengthened its management structures. Maciej Müldner, a manager with over 30 years of experience in finance at international corporations and banks, joins the Management Board. He will be responsible for further strengthening the Group’s financial position.
  • Indotek Group has welcomed Viktor Nagy, who joined us in September as Head of Non-Retail Sales. With more than 20 years of experience in the real estate sector, Viktor has held leadership positions at international companies such as Immofinanz, EHL Real Estate Hungary and Atlas Estates. In his new role, he will be responsible for further developing our non-retail sales strategy and strengthening international relations.
  • Paweł Reszczyński has been promoted to Land Development Director and will be responsible for coordinating land acquisition and investment processes for new logistics and industrial projects. Developing the land bank remains a key pillar of MLP Group's long-term expansion strategy.

ABOUT US

Property Forum is a leading event hub in the CEE real estate industry with over 10 years of experience. We organise conferences, business breakfasts and workshops focused on real estate, in London, Vienna, Warsaw, Budapest, Bucharest, Bratislava, Prague, Zagreb and Sofia, amongst other locations.
Please send press releases to
newsdesk AT property-forum DOT eu
MORE >

CONTACT

NEWSLETTER

Sign up today for the latest news

I have read the Privacy Policy of International Property Network Inc. and I consent to International Property Network Inc. sending me newsletters and managing my personal data provided for this purpose.

 

Property Forum © 2017 – 2025 | Terms & conditions | Privacy policy