Czech investor PPF Real Estate has purchased a construction site land with a building permit in Bucharest, for the development of a new office building named ARC from property developer RC Europe. The project is due for completion in 2024 following an estimated investment of €60 million. 

Property group Prime Kapital has secured a green club loan of €125 million for its development joint-venture with listed property investor MAS plc. 

Thanks to new financing from  Erste / Česká spořitelna, Demaco was able to conclude a new contract with Schott. Demaco believes that this contract will bring even more investment to the region and the town of Valašské Meziříčí, the company´s CFO Zdeněk Raus told Property Forum.

Romanian DIY chain Dedeman has purchased a land plot of 14.5 ha in Timișoara from Țiriac Imobiliare for an undisclosed sum. The buyer is exploring several investment scenarios for the new land that is located next to the future Ikea store.

Romanian One United Properties has purchased a building that used to house a production plant of Ford in Bucharest from Auchan Romania.

On March 8th 2022, EPP was delisted from the Johannesburg and Luxembourg stock exchanges with the support of the vast majority of the company's shareholders. The new owner of EPP is Redefine Properties, the second-largest Real Estate Investment Trust (REIT) listed on the Johannesburg Stock Exchange. There have also been changes in the EPP portfolio. The company has sold part of the assets by establishing two joint ventures and signed preliminary sale agreements for the Towarowa 22 and Power Park Opole projects.

Trei Real Estate, an international developer and property asset holder specialising in residential and retail real estate, continued to expand its business in 2021, the second year of the COVID-19 pandemic. As of 31 December 2021, the development portfolio had an aggregate value of €1.7 billion after growing by 40 percent (2020: €1.2 billion). Residential real estate makes up the bulk of the total with €1.5 billion, whereas retail real estate accounts for c. €200 million. The value of the assets under management, including the own property portfolio, remained unchanged at €1.3 billion. The proprietary portfolio accounts for €1.2 billion out of this total, while c. €100 million are managed on third-party mandates.

Romanian developer One United Properties aims to raise up to €100 million in equity from investors through a share capital increase. The move will be up for vote during the next shareholder’s meeting of the company slated for April 26. 

The leading logistics developer has made a €21 billion offer for a huge chunk of „last mile” properties, Bloomberg reports. None of the parties made comments on the news but Blackstone said earlier that a capital increase worth €21 billion was on the agenda.

Romanian developer One United Properties is reportedly exploring several options to expand outside the domestic market.