Forte Partners has purchased a 5,400 sqm land plot for the third building of The Bridge in Bucharest. At an average price of at least €500 per square meter in the area, the deal could amount to €2.7 million, zf.ro estimates.

Colliers sold the former Remy Automotive industrial site in Mezőkövesd, Hungary to Kiss és Társa Ltd, a local entrepreneur in the iron/metal business. The site has approx. 16 000 sqm buildings on a 13.6 ha plot and will be used for iron/metal production and warehousing purposes. Colliers represented the vendor, BorgWarner, the widely known, major automotive supplier during the transaction.

ELI, a company incorporated in Netherland, and co-managed by Griffin Real Estate (GRE), finalised the acquisition of a portfolio of nine operating logistics parks developed by Panattoni Europe. The value of the deal is around €200 million. At the same time, Panattoni Europe jointly with ELI plans to invest circa €800 million to enlarge the newly acquired portfolio into a leading Polish logistic platform. GRE and Panattoni will co-manage the new venture going onwards.

Helaba, acting as facility and security agent, and pbb Deutsche Pfandbriefbank have jointly underwritten an investment facility to finance four office properties in Poland. Together, the two banks are providing Globalworth Poland Real Estate (GPRE) with a loan in an amount of €100 million with a duration of seven years. The transaction closed in June 2018. Helaba and pbb are acting as Joint Lead Arrangers providing equal portions of the funding.

In accordance with its business strategy - consisting in allocating capital to the most promising markets, which will underpin sustainable results in the future, Orbis has signed a purchase agreement for the plot, building and the business related operations in Mercure Bucharest Unirii for €11.35 million.

The Supervisory Board of Immofinanz AG approved the package sale of the approximately 26% investment in CA Immo. The 25,690,163 bearer shares and four registered shares in CA Immo will be purchased by SOF-11 Starlight 10 €S.à r.l., a member company of the Starwood Capital Group (Starwood). The selling price for all shares covered by the package transaction totals €757.9 million,

NEPI Rockcastle announced that, through its subsidiary NRP Shopping Centre Project Two s.r.o., it has signed a binding agreement to acquire 100% of the shares in MLYNY, a.s., being the owner of Galeria Mlyny shopping centre in the city of Nitra in Slovakia from a group of local investors. The aggregate purchase price for Galeria Mlyny was €121.8 million.

Colliers International Romania advised on the sale of Maestro Business Center office building in Cluj-Napoca, one of Romania’s most important regional cities. The acquisition made by First Property Group, a UK investment fund, favors the opening of a new investment market in Cluj-Napoca.

AFI Europe Romania finalised the acquisition of a land plot in Bucharest, in the proximity of AFI Park 1-5 and AFI Cotroceni shopping mall, with a surface of approximately 43,000 sqm, in a transaction worth €23 million.

With the purchase of the Visionary office building in Prague, CA Immo and Skanska have successfully signed and closed the second transaction between the two companies in the CEE region in 2018. The gross transaction volume is approx. €68 million.