Private equity fund Greenstone has acquired an almost 80% stake in a special purpose vehicle owning the Format office building in Gdańsk. The vendor was Torus, which was advised during the transaction process by global real estate services firm Cushman & Wakefield and law firm Greenberg Traurig. The buyer was advised by LegalKraft and Trebbi. The price has not been disclosed.

Real estate developer Portland Trust has sold a 50-hectare land plot in Moara Vlasiei to FallCreek, a blueberry nursery stock provider, marking the company’s entry in Romania.

The general assembly of Tatry Mountain Resorts has agreed to issue approximately 6.3 million of new actions. The tourist operator is hoping to get up to €120 million of new capital.

The RSJ investment group has completed the reconstruction of the U Červené lišky (At the Red Fox) building on Old Town Square in Prague. The investment group RSJ has owned the property U Červené lišky since December 2021 and evaluated the purchase more as a matter of the heart than as an investment.

Shareholders of Romanian developer One United Properties have approved the increase of the company’s share capital by €70 million in a move expected to start in August and conclude by October.

GTC posted €9.3 million consolidated net profit attributable to shareholders of the parent company in Q1 2024 against €11.2 million profit a year earlier, the company announced.

Industrial developer CTP has completed the purchase of six industrial projects and a land bank from Globalworth in Romania for an undisclosed sum.

Alides Polska, a subsidiary of Belgian developer Alides and Aya Properties Fund announced the joint acquisition of the Metron office building located at Aleja Niepodległości 69 in Warsaw’s Mokotów district from a Polish SPV held by Patrizia. The price has not been disclosed.

The 13th JLL Charity Beach Volleyball Tournament will take place on August 1st at the Monta Beach Volley Club in Warsaw. Funds raised during the event for the second time will go towards supporting the construction of the Ronald McDonald House at the ‘Pomnik - Centrum Zdrowia Dziecka Institute. Property Forum is a Media Partner of the event.

Family office Pannonia Group, together with the Austrian family office of IPD Innovation Park Development, has announced the completion of the transaction of the purchase of a historic building on Štúrova Street in Bratislava from Československá obchodná banka.