ARTICLES IN Investment  TOPIC

News Altex buys Brico Dépôt Romania for €70 million
18
Dec
2024

Altex buys Brico Dépôt Romania for €70 million

by Property Forum
Altex Romania retailer has purchased DIY network Brico Dépôt Romania from Kingfisher in a deal worth €70 million. The closing is expected to take place in H1 2025. 
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News Gránit Asset Management buys historical building in central Budapest
17
Dec
2024

Gránit Asset Management buys historical building in central Budapest

by Property Forum
Gránit Asset Management has completed the purchase of the historical Exchange Palace building in Budapest, from private investors, for an undisclosed sum.
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News Panattoni sells two industrial parks in Poland
16
Dec
2024

Panattoni sells two industrial parks in Poland

by Property Forum
Panattoni has finalized the sale of two industrial parks – Panattoni Park Ruda Śląska III and Panattoni Park Kraków East II – to an international investor specializing in commercial real estate as its entry to Poland. The total transaction value reached ca. €70 million.
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News 7R to sell Park Wrocław West II
16
Dec
2024

7R to sell Park Wrocław West II

by Property Forum
7R has sold Park Wrocław West II warehouse park in Kąty Wrocławskie. The purchaser is EQT Exeter, a global real estate investment manager. The price has not been disclosed.
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News Prague acquires Žižkov Freight Station
16
Dec
2024

Prague acquires Žižkov Freight Station

by Property Forum
Prague representatives and representatives of Czech Railways have signed a purchase agreement for the Žižkov Freight Station building and the surrounding land, reports E15.cz. 
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News Revetas disposes of 476,000 sqm asset in Slovakia
13
Dec
2024

Revetas disposes of 476,000 sqm asset in Slovakia

by Property Forum
Revetas Group has announced the disposal of the Metropolis development project to the Slovak development company Koruna Group. The asset comprises 476,000 sqm of land for development located near Bratislava. 
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News BT Property buys Prima Shops Oradea
13
Dec
2024

BT Property buys Prima Shops Oradea

by Property Forum
The BT Property Alternative Investment Real Estate Fund, managed by BT Asset Management, has purchased Prima Shops Oradea park from Oasis Group, for an undisclosed sum.
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News Develia sells plot in Wrocław to AFI Europe
12
Dec
2024

Develia sells plot in Wrocław to AFI Europe

by Property Forum
Develia has concluded a final sales agreement for a real estate property located on Kolejowa Street in Wrocław with a subsidiary of AFI Europe. The transaction value amounts to PLN 50.5 million (ca. €11.75 million). The sale of the Wrocław land property is a part of Develia's strategy of divestment of its commercial real estate portfolio.
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News Skanska sells office building in Warsaw for €100 million
12
Dec
2024

Skanska sells office building in Warsaw for €100 million

by Property Forum
Skanska’s Warsaw office development – P180 – has been sold to Investika Real Estate Fund and its joint-venture partner, BUD Holdings. The P180 office building, located next to the Wilanowska metro station, offers 32,000 sqm of high-standard office space.
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News Immofinanz completes S Immo squeeze-out
12
Dec
2024

Immofinanz completes S Immo squeeze-out

by Property Forum
Immofinanz Group has announced the completion of the minority shareholders of S Immo, at a price of €22.05 per share, as of December 3. 
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Latest news


New leases

  • The Polish branch of Lufthansa Technik AG, a global provider of maintenance, repair and overhaul services for civil aviation, has joined the group of tenants at the Infinity office building in Wrocław. The company has leased over 860 sqm of office space in the building, in the heart of the city on ul. Legnicka. Lufthansa Technik AG will move into its new headquarters in April 2026. The lease was signed for seven years.
  • Fortress Logistics Real Estate, part of South African global investment platform, has set up office in the third floor of the Metropolitan building on Piłsudski Square. The Warsaw office will overlook the Ministry of Culture and the Raffles Europejski Hotel.
  • Promenada Mall, owned by Nepi Rockcastle, has completed the first stage of its food court modernisation, spanning 1,000 sqm, with the opening of eight new restaurants.

New appointments

  • Romanian developer Redport has appointed Sorin Ioan Blaga as COO. In recent years, Blaga has served as CEO of Liebrecht & wooD Romania, managing real estate developments with a combined value of several hundred million euros, and as COO & Co-CEO of The Concept Group.
  • From mid-October, László Csapó will take up the position of Director of Business Development at Danubius Hotels Zrt. He succeeds Andrea Róna, who had held the position since 2022.
  • Cushman & Wakefield Echinox has named Gabriel Vințe as Business Development Manager within the Project & Development Services (PDS) department. He will also oversee the business line dedicated to sustainability services. Vințe has over 21 years of experience gained in renowned companies across sectors such as financial services, retail, residential, and consultancy.

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