ARTICLES IN Investment TOPIC

16
Jun
2017

Iulius Group teams up with South African investor

by Ákos Budai
Iulius Group and South African investor Atterbury Europe have set up an equal partnership to develop the Openville Timişoara mixed-use project. 
Read more >
14
Jun
2017

Globalworth prepares for Polish market entry with bond issue

by Ákos Budai
Globalworth Real Estate Investment has successfully priced a €550 million Eurobond.  The five-year euro-denominated bond matures on 20 June 2022 and carries a fixed interest rate of 2.875 per cent payable annually beginning on 20 June 2018. The company has applied for the bond to be traded on the Irish Stock Exchange.
Read more >
13
Jun
2017

NEPI to acquire Sofia assets for €207 million

by Ákos Budai
Through its subsidiary NEPI has concluded agreements to acquire the Serdika Center and Serdika Office buildings in Sofia, Bulgaria for €207.4 million.
Read more >
13
Jun
2017

Deutsche AM buys three Polish outlets from Peakside Capital

by Ákos Budai
Deutsche Asset Management, on behalf of its German funds, has acquired three Fashion House shopping outlets in Poland from a fund managed by Peakside Capital. The outlets are located in Warsaw, Gdansk and Sosnowiec.
Read more >
06
Jun
2017

M7 acquires light industrial portfolio for CEE fund

by Ákos Budai
M7 Real Estate has acquired a portfolio of 11 light industrial assets in Hungary and the Czech Republic, on behalf of M7 CEREF I, from a joint venture between Partners Group and Cromwell Property Group. The portfolio comprises 209,832 sqm, with seven of the assets located in Hungary and the remaining four in the Czech Republic.
Read more >
06
Jun
2017

LaSalle buys Prague office building for €57 million

by Ákos Budai
LaSalle Investment Management has acquired the River Garden I office complex in Prague’s Karlín business district on behalf of its LaVA mandate for approximately €57 million. The seller is Slovak asset management company IAD Investments on behalf of Prvý realitný fond.
Read more >
06
Jun
2017

EPP finalises purchase of Galeria Młociny

by Ákos Budai
Echo Polska Properties (EPP) and Echo Investment have finalised the purchase of shares in the Galeria Młociny shopping centre in Warsaw, which is under construction. EPP is its majority shareholder (70%) and it will manage the completed asset whereas Echo Investment holds the remaining 30%, it is to finish the construction process and will be responsible for the commercialisation and marketing of the project.
Read more >
06
Jun
2017

Logicor to be sold to China Investment Corporation for €12.25 billion

by Ákos Budai
Real estate funds managed by Blackstone have agreed to sell their pan European logistics company, Logicor, to affiliates of China Investment Corporation (CIC) for €12.25 billion.  Logicor owns and operates a portfolio of high-quality logistics assets totalling 147 million square feet, in 17 countries with over 70% concentrated in the UK, Germany, France and Southern Europe.  
Read more >
06
Jun
2017

AFI Europe to sell Bucharest office park for €164 million

by Ákos Budai
AFI Europe signed a pre-agreement to sell AFI Park 1-3 office buildings to Dedeman, a Romanian DIY retail company. The agreement also includes an option to sell AFI Park 4&5. The total price for AFI 1-5 is approximately €164 million. 
Read more >
31
May
2017

Lower Silesia shopping centre has new owner

by Ákos Budai
Calioppe Investments has acquired the scheme from Rank Progress, a Warsaw Stock Exchange listed company engaged in the property investment and development sector. The total value of the transaction amounts to €26.7 million including €15.2 million of debt financing. The seller has been advised by BNP Paribas Real Estate.
Read more >

ABOUT US

Property Forum is a leading event hub in the CEE real estate industry with nearly 10 years of experience. We organise conferences, business breakfasts and workshops focused on real estate, in London, Vienna, Milan, Germany, Bucharest, Budapest, Belgrade, Bratislava and Prague.
MORE >

FORUMS

CONTACT

NEWSLETTER

Sign up today for the latest news

I have read the Privacy Policy of International Property Network Inc. and I consent to International Property Network Inc. sending me newsletters and managing my personal data provided for this purpose.

 

Property Forum © 2017     Terms & conditions | Privacy policy