ARTICLES IN Investment  TOPIC

News Accolade secures €500 million of bank financing in Poland
23
May
2022

Accolade secures €500 million of bank financing in Poland

by Property Forum
Despite the turbulent economic situation, banks are readily lending money to the commercial real estate segment, with warehouses being their top choice. The industrial investor Accolade is one of the most willingly financed warehouse portfolio holders in Poland. The company benefits from over €500 million in bank loans, 40% of which has been acquired since February 2020. At the same time, in the Czech Republic, the company has signed a loan agreement with a club of banks for €137.5 million. It is the largest ever loan provided for a single industrial rental property in the CEE region.
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News Plaza Centers seeks damages from Romania in court
23
May
2022

Plaza Centers seeks damages from Romania in court

by Property Forum
Property developer Plaza Centers is seeking €262.2 million in damages from the Romanian state, alleging that it recorded massive losses from the Casa Radio project in Bucharest. The company filed a complaint with the International Centre for Settlement of Investment Disputes (ICSID) in Washington. 
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News Square 7 Properties buys land in Mediaș
20
May
2022

Square 7 Properties buys land in Mediaș

by Property Forum
Square 7 Properties, the country partner for Romania of Mitiska REIM, has purchased a land plot of 30,000 sqm in Mediaș for an undisclosed sum. 
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News Hungarian investor Indotek expands to Italy
19
May
2022

Hungarian investor Indotek expands to Italy

by Property Forum
The group entered the market with the acquisition of Le Masserie shopping centre in southern Sicily and a portfolio of 13 supermarkets, located mainly in Northern Italy. 
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News SIF Banat Crișana buys land in Bucharest
19
May
2022

SIF Banat Crișana buys land in Bucharest

by Property Forum
Financial company SIF Banat Crișana has purchased a land plot in Bucharest that hosted an industrial platform for Interagro, a company that is currently under administration, according to Economica.net. 
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News BNP: Investors in Poland retain "wait and see" strategy
18
May
2022

BNP: Investors in Poland retain "wait and see" strategy

by Property Forum
BNP Paribas Real Estate Poland has summarized the first three months in the Polish investment market and pointed out, among other things: reduction in investors' appetite and waiting caused by the war in Ukraine, combat with inflation, rising commodity prices, as well as a hesitant start of the year in the sector of logistics and industrial investments.
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News Cavatina gets financing from international consortium
17
May
2022

Cavatina gets financing from international consortium

by Property Forum
A consortium consisting of Austrian banks: Erste Group Bank AG and Raiffeisenlandesbank Niederösterreich-Wien AG, provided financing in the amount of up to €70 million and PLN 10 million to two special purpose vehicles from the Cavatina Holding S.A. group. implementing the Ocean Office Park complex in Kraków. The funds from the loans will be used to finance and refinance expenditure related to the construction and finishing of office buildings A and B in a multifunctional investment in Kraków's Zabłocie district.
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News Imobiliare buys DSA Advisor in Romania
13
May
2022

Imobiliare buys DSA Advisor in Romania

by Property Forum
Imobiliare, the digital platform in Romania owned by Ringier Group, has taken over mortgage broker DSA Advisor in a bid to diversify its portfolio, for an undisclosed sum.
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News 7R sells warehouse portfolio in Poland to CTP Group
12
May
2022

7R sells warehouse portfolio in Poland to CTP Group

by Property Forum
7R has finalized the sale of a portfolio of several projects to CTP Group. The portfolio includes projects in the development phase, such as in Warsaw and Katowice, as well as others throughout Poland which are in the pre-development phase.
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News Paref acquires Browar Lubicz office complex in Kraków
11
May
2022

Paref acquires Browar Lubicz office complex in Kraków

by Property Forum
Paris-based asset manager Paref Gestion, on behalf of its SCPI Interpierre Europe Centrale fund, has acquired the Browar Lubicz office complex in Kraków from Balmoral Properties for an undisclosed sum.
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Latest news


New leases

  • AutoWallis Group, the automotive retail and mobility service provider, has leased 5,600 sqm for its new HQ in the mixed-use Liberty complex, developed by Wing in Budapest.
  • Langowski Logistics, a TFL company, has extended its lease of warehouse space at the Central European Logistics Hub, where it occupies 8,000 sqm. Langowski Logistics was represented during the lease renegotiation by real estate advisory firm Newmark Polska.
  • Helly Hansen has leased 150 sqm for its first Romanian store in Promenada Mall, owned by NEPI Rockcastle.

New appointments

  • Justyna Filipczak has taken up the position of Executive Vice President of the CEE residential segment and joined YIT's management team.
  • Avison Young's Valuation and Advisory team in Poland has welcomed a new member, Michał Marynowski, who takes the role of Assistant Valuer. Among other experiences, he worked at the Court of Appeal in Warsaw, where he was responsible for verifying execution documentation for selected investments, updating data in the premises database for court buildings, and analysing tender bids. Proficient in GIS, AutoCAD, and Revit, he also has strong skills in interpreting planning documents.
  • Golden Star Group, an international investment firm operating in the real estate sector, has announced the promotion of two key specialists within its Polish team. Paweł Moczybroda has been appointed Group Chief Financial Officer, while Ewa Dragunajtys has been promoted to Head of Asset Management.

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