ARTICLES IN Investment  TOPIC

News Wing acquires office building in Budapest
25
Jun
2018

Wing acquires office building in Budapest

by Property Forum
Wing, through one of its investment funds, has acquired Infopark D office building in the South Buda area. The transaction was financed by HypoNoe Bank AG.
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News CPI Property Group disposes of five Czech retail assets
22
Jun
2018

CPI Property Group disposes of five Czech retail assets

by Property Forum
CPI Property Group announced the disposal of five small retail properties located in regional cities of northern Czech Republic, totalling approximately 25,700 sqm.
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News Globalworth closes acquisition in Poland
22
Jun
2018

Globalworth closes acquisition in Poland

by Property Forum
Globalworth announced the closing of the acquisition of Quattro Business Park in Kraków by Globalworth Poland.
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News Avestus Capital Partners sells Prague office building
21
Jun
2018

Avestus Capital Partners sells Prague office building

by Property Forum
Avestus Capital Partners has sold Explora Business Centre in Prague to Golden Star Group, an international real estate group specializing in commercial and leisure real estate properties. Real estate advisors Colliers International and law firm Schoultz & Partners represented Avestus Real Estate while Golden Star Group was represented by Havel & Partners in this transaction.
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News Revetas buys TriGranit from TPG Real Estate
19
Jun
2018

Revetas buys TriGranit from TPG Real Estate

by Property Forum
Revetas, a specialist real estate investment manager focusing on the CEE region, together with funds managed by Goldman Sachs Asset Management, announced it has acquired TriGranit from TPG Real Estate, the real estate platform of global alternative asset firm TPG. Terms of the transaction were not disclosed.
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News Immofinanz sells plots of land in Bucharest
19
Jun
2018

Immofinanz sells plots of land in Bucharest

by Property Forum
Immofinanz has sold two plots of land managed by Adama, a developer part of theImmofinanz group, to Speedwell Real Estate Development. The buyer plans to expand its residential and office development portfolio in the northern part of Bucharest. The purchase price has not been disclosed.
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News HB Reavis sells Prague office building to REICO
18
Jun
2018

HB Reavis sells Prague office building to REICO

by Property Forum
In mid-June, international property developer HB Reavis announced the completion of a major real estate deal. The developer sold its office property Metronom Business Center located in Prague-Butovice to ČS nemovitostní fond, managed by Česká spořitelna’s REICO investiční společnost, for a sum of €89.2 million (CZK 2.3 billon). JLL advised HB Reavis on the sale.
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News Cromwell sells Czech business park for €17.5 million
18
Jun
2018

Cromwell sells Czech business park for €17.5 million

by Property Forum
Cromwell Property Group has sold the Čestlice Business Park in Prague-East for €17.5 million to an undisclosed buyer.
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News Wood & Company closes three deals
18
Jun
2018

Wood & Company closes three deals

by Property Forum
In recent weeks, JLL has participated in three large-scale investment transactions in the Czech Republic and Slovakia. These were strategic acquisitions of Wood & Company's real estate fund (the real estate arm of investment group Wood & Company), which recently acquired three premium office buildings.
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News JLL Spark to invest $100 million in proptech
18
Jun
2018

JLL Spark to invest $100 million in proptech

by Property Forum
JLL Spark, a division of JLL, announced the creation of JLL Spark Global Venture Fund, which plans to invest up to $100 million in companies focused on leveraging technology to improve everything from real estate development and management to leasing and investing, while enhancing the experience of those who occupy it. The fund will also help entrepreneurs and their companies by connecting them with JLL’s business lines and clients for insightful feedback and distribution of their products.
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Latest news


New leases

  • Exact Sciences, a global leader in molecular diagnostics and early cancer detection, has chosen the LIXA campus in Warsaw for its new Polish international enabling hub. The company has joined the tenants of the LIXA D office building, leasing a total of over 1,800 sqm of modern space on the first floor of the building at ul. Giełdowa 5 in Warsaw.
  • 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.

New appointments

  • Activ Property Services has announced the appointment of Ionuț Grigoraș as Partner in the industrial department. With more than 14 years of experience in the real estate sector, Grigoraș has worked with leading companies such as CTP, WDP, VLParks România, Logicor, P3, MDO, and MLP Group.
  • 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.

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