Accolade Group has announced the acquisition of a majority stake in the Karlovarská Business Park complex near Prague Airport from Czech real estate fund Conseq realitní. Accolade is now 100% the owner of this complex. Both parties have decided not to disclose the amount of the transaction, which was brokered by CBRE.

CPI Property Group has announced the acquisition of a 25% stake in CleverPower. The company focuses on corporate energy self-sufficiency and electromobility and also operates the Chargee charging platform. By 2030, they will build up to three thousand new charging points not only in the Czech Republic, CPI Property Group announced today.

Resi4Rent has announced on LinkedIn that it has secured financing worth PLN 613 million to expand its portfolio of PRS flats. The funds raised will be used to build 2,700 new units in Kraków, Wrocław, Poznań and Gdańsk. 

With EBRD financing, Serbia will expand science and technology parks (STPs) and construct new ones in cities across the country, including Niš, Čačak, Kruševac and Belgrade (in the BIO4 Campus). A sovereign loan of €80 million and accompanying project agreements were signed in Belgrade by the Prime Minister of Serbia, Ana Brnabić, the Minister of Finance, Siniša Mali, and the EBRD Regional Head of the Western Balkans, Matteo Colangeli, as well as directors of existing STPs.

Real estate developer Speedwell has purchased a new land plot in Timișoara, where the company plans to start the construction of its second mixed-use project in the city. The value of the transaction was not made public.

Hungarian property investor and developer Indotek Group has been granted permission from the Croatian authorities to buy the Jelsa Resort, a huge hotel complex on Hvar Island. The complex offers 1,400 rooms but needs to be refurbished, vg.hu reports.

Investment transactions in Romania’s commercial property market totaled €120 million in Q1 2023, which was almost double compared to the same period of last year. The deal volume was driven by industrial and office projects, according to a Colliers report.

CA Immo has successfully signed and closed the sale of the Serbian office complex Belgrade Office Park to a domestic investor. With two buildings and an underground car park, the complex comprises approx. 27,200 sqm of total lettable space. The building, which is located close to the city centre, was 97% let as of April 30, 2023, with annualized gross rental income of around €4.4 million.

The Supervisory Board of CA Immo has decided on the reclassification of Hungary to strategically non-core, and simultaneously authorised the Management Board to initiate all relevant activities related to exiting the market, either through platform sale, sub-portfolio sale, or individual asset sales. The company wants to concentrate on its core portfolio, located predominantly in Austria and Germany. Last autumn the firm abandoned another CEE market, Romania.

Neinver and Nuveen Real Estate have successfully raised around €170 million in debt financing for the Polish portfolio of Neptune, a joint venture between Neinver and TIAA.