Nrep, the ESG-focused real estate investor with €19 billion of assets under management, has purchased a controlling stake in Polish industrial developer 7R. Following the deal, Nrep will invest around €200 million of new equity in the company.

Czech investment company Fidurock is expanding its portfolio. The latest acquisition, which took place in Trutnov, concerns one of the largest retail parks in the Czech Republic. According to idnes.cz, representatives of the investment holding company signed an agreement on the sale of Retail Park Trutnov with representatives of the Czech Real Estate Investment Fund at the end of June. The price of the transaction was not disclosed.

Czech real estate fund Investika's latest acquisition is the Royal Trakt Offices building in Warsaw. The roughly 150-year-old property in the centre of the capital city was bought by the fund from global real estate investor Patrizia SE. The acquisition was announced to Property Forum by Linklaters, the law firm that advised the real estate fund Investika during the acquisition. No further details of the transaction have been disclosed yet.

Prague's Arkády Pankrác shopping centre is changing hands. The Czech real estate fund Trigea is buying it from the Israeli company G City for €265 million, according to information from Trinity Bank, newstream.cz reports.

Archicom has absorbed the residential development projects, the team of employees and the land bank of Echo Investment. The General Meetings of Shareholders of both companies have given their approval for the consolidation of their residential business. Following the completion of the transaction, Archicom is positioned as one of the largest residential developers in Poland, while Echo Investment is focused on commercial real estate, apartments for rent and mixed-use "destinations" projects. The company's share in Archicom's capital will total 89.30%.

Isle of Man-registered Black Sea Property, a company involved in property development, financing, and sales in Bulgaria, has recently announced a significant acquisition. They have signed an agreement to acquire 98.27% ownership of the Bulgarian hotel operator, Grand Hotel Varna, for approximately €28 million. The deal is to be finalized by October 30th. It aims to bolster Black Sea Property's investments in the hospitality sector.

Globalworth has signed a contract to sell the Warta Tower office building in Warsaw to a company from the Cornerstone Investment Management platform. The value of the transaction has been set at over €63 million.

YIT is the new owner of the Kuta Centrum office complex in Prague 4. In the future, the complex, renamed YIT Office Centrum, should be transformed into a residential complex, the CEO of YIT told online daily newstream.cz.

CBRE SEE’s Capital Markets team has acted as a sell-side advisor to Zetland Capital in the disposal of the 11,800 sqm Situla Business Center office complex in Ljubljana, the advisory firm announced on LinkedIn. The buyer’s name and the purchase price have not been disclosed.

Správa železnic (Railway Administration) has announced a tender for a contractor who will reconstruct Prague's oldest train station - Masarykovo nádraží - for CZK 3.2 billion (€134.6 million). The idea of the authority is that the contractor should be able to connect the historical spaces with contemporary architecture and at the same time that the comfort for passengers and trains should be significantly increased, according to the report by the Správa železnic.