ARTICLES IN Investment  TOPIC

News M7 makes first investments in Hungary and Croatia
20
Dec
2016

M7 makes first investments in Hungary and Croatia

by Ákos Budai
M7 Real Estate, the pan-European investor and asset manager, announces that it has made two further acquisitions for the recently launched CEREF I fund. The acquisitions in Croatia and Hungary totalling €14 million mark M7's first entry into both countries.
Read more >
News Rockcastle completes acquisition of Olsztyn mall
19
Dec
2016

Rockcastle completes acquisition of Olsztyn mall

by Ákos Budai
As announced in October 2016, Rockcastle concluded a preliminary agreement to acquire Galeria Warmińska shopping centre in the city of Olsztyn in Poland from Galeria Warmińska Spółka z Ograniczoną Odpowiedzialnością Spółka Komandytowa. All conditions precedent have been met and the transaction was concluded effective as of 15 December 2016.
Read more >
News Echo Investment completes sale of Q22
19
Dec
2016

Echo Investment completes sale of Q22

by Ákos Budai
The sale of Q22 skyscraper located on al. Jana Pawła II in Warsaw has been completed and Invesco Real Estate has become the new owner of the building. Echo Investment expects that the value of the transaction based on fully let NOI and an agreed yield, after all adjustments and additional payments, shall amount to €273 million. The acquisition of Q22 is the largest investment transactions in the office market in Poland and one of the biggest in Central and Eastern Europe in 2016.
Read more >
News Immofinanz sells non-core retail portfolio in Austria
19
Dec
2016

Immofinanz sells non-core retail portfolio in Austria

by Ákos Budai
Immofinanz has announced the sale of a smaller Austrian retail portfolio to an Austrian real estate investor and, with this transaction, continues its strategic withdrawal from properties that are not part of the core business. The portfolio covers 88 properties with approx. 108,000 sqm of rentable space in eight Austrian provinces. The parties to the transaction have agreed not to disclose any information on the purchase price. The closing will take place in several steps through the end of 2017. 
Read more >
News FLE acquires its first CEE property in Budapest
16
Dec
2016

FLE acquires its first CEE property in Budapest

by Ákos Budai
FLE GmbH, a company of the LFPI group, has acquired its first property in CEE from an international institutional seller. The acquisition relates to the office building Office Garden I in the Southern Buda area of Budapest, that is 93 percent leased and offers 16,000 square meters of leasable space. The seller was represented by JLL.
Read more >
News Echo Polska acquires Krakow mall for €54 million
14
Dec
2016

Echo Polska acquires Krakow mall for €54 million

by Ákos Budai
An opportunity fund advised by Tristan Capital Partners, a pan-European real estate investment manager, has agreed to sell the Zakopianka Shopping Centre in Krakow, Poland, to Johannesburg-listed Echo Polska Properties for approximately €54 million.
Read more >
News CPI Hungary sells two properties in Budapest
12
Dec
2016

CPI Hungary sells two properties in Budapest

by Ákos Budai
CPI Hungary has sold its V188 office building and an adjacent development land (V190), both located on Budapest’s Váci corridor, to a Hungarian investment group. CPI Hungary plans to use the funds for increasing the value of its current portfolio and to implement new green investments. 
Read more >
News Mint Investments sells Panorama Business Center in Prague
12
Dec
2016

Mint Investments sells Panorama Business Center in Prague

by Ákos Budai
Mint Investments, a Central European real estate investment & asset manager sold Panorama Business Center in Prague. The buyer was REDSIDE, manager of real estate open-ended investment fund NOVA Real Estate (SICAV). The seller was advised by CBRE.
Read more >
News Atenor sells Budapest office building to Czech fund
12
Dec
2016

Atenor sells Budapest office building to Czech fund

by Ákos Budai
Belgian real estate developer Atenor announced the sale of Váci Greens Building C to Czech investment fund ZFP realitní fond (managed by ZFP Investments). This building is one of the three buildings completed by Atenor within its Váci Greens development in Budapest. Building C, completed in June 2015, comprises 18,500 sqm of office space, fully let to General Electric. 
Read more >
News HB Reavis sells Bratislava office building
09
Dec
2016

HB Reavis sells Bratislava office building

by Ákos Budai
HB Reavis has sold Twin City A, a modern office building located in close proximity to Bratislava city centre in Slovakia, to Prvý realitný fund (PRF), managed by IAD Investments with a transaction yield of 6.5%. The building, located in the Mlynske Nivy business district of Bratislava, was completed in 2015 and offers approximately 16,500 sqm of leasable space, which is fully let to a number of tenants, including PWC, Merck Sharp & Dohme, Bayer, BNP Paribas Slovensko and Sfera.
Read more >

Latest news


New leases

  • The Park Warsaw, managed by White Star Real Estate, gained new tenants during Q3 and Q4 2023. The latest leases saw the start of cooperation with companies such as RedNet Property Group, which leased 523 sqm in building B1, Puratos (430 sqm in building B5) and Yokogawa (563 sqm in building B5).
  • New Post International Poland has selected and leased approximately 5,600 sqm of a warehouse with office space in the Logicor Okęcie logistics park in Warsaw. The company operates in the transport and forwarding industry.
  • Efigence, a technology company specialising in the design and implementation of solutions for the financial and e-commerce sectors, has extended its lease of 1,200 sqm of office space at Platinium Business Park in Warsaw's Mokotów district.

New appointments

  • Szymon Zduńczyk has joined the Management Board of Karimpol Poland as of 1st of March, 2024. The former Executive Director has been promoted to Managing Director and Member of the Management Board of the Group's Polish subsidiary. Mr Zduńczyk is the first Pole in the company's history to sit on its Management Board alongside Andreas Prokes and Harald Jeschek.
  • Building on the successes of last year, GARBE Industrial Real Estate CEE is responding by promoting Martin Stratov to the position of GARBE Director for the Czech Republic and Slovakia, Veronika Zacha will be the new Head of Business Development and Construction in the Czech Republic and Jan Hradecky will move to the position of GARBE Project Management Manager for the Czech Republic.
  • Gellért Berkes has been appointed as Head of Property Management at ConvergenCE. He has been a member of the real estate development team for two and a half years. He has nearly 15 years of professional real estate experience.

ABOUT US

Property Forum is a leading event hub in the CEE real estate industry with nearly 10 years of experience. We organise conferences, business breakfasts and workshops focused on real estate, in London, Vienna, Budapest, Bucharest, Bratislava and Prague, 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 – 2024 | Terms & conditions | Privacy policy