CPI Property Group announced that the Group has signed disposals that will raise gross proceeds of about €700 million and net proceeds of about €550 million following repayment of associated asset-level debt.

CBRE Investment Management, on behalf of a client, has agreed on the acquisition of the Nexus portfolio, a 211,803 sqm logistics portfolio located in Poland, from European Logistics Investment, a vehicle jointly managed by Griffin Real Estate, Redefine and Madison International Realty.

7R has finalized the divestment of 7R Park Kraków IX logistics building to Generali Real Estate. The 33 000 sqm warehouse, commissioned for use in the middle of the year, is fully leased and BREEAM-certified at the Very Good level. This is the second transaction between Generali and 7R in 2021 following Generali Real Estate’s acquisition of 7R Park Gdańsk II warehouse complex in Kowale, in September 2021. The price has not been disclosed. 

A rapid growth in student numbers will drive demand for student housing in the next five years across all larger European university hubs – especially major Spanish and Italian cities, Savills forecasts. Also in Poland, prime PBSA occupancy remains high despite the pandemic and provision of student accommodation is expected to grow soon across Polish cities.

Subsequent to the shareholders' decision in June 2021 to increase the company’s capital, GTC offered 55,000,000 O-series bearer shares. On the back of strong demand, the company eventually sold as many as 88,700,000 shares at PLN 6.40 per share, raising new capital of approx. €123 million. 

Romanian Impact Developer & Contractor has secured a €5 million loan from OTP Bank for the refinancing of investments. 

108 Agency has purchased 100% of the shares of BNP Paribas Real Estate APM CR s.r.o., the Czech subsidiary of BNP Paribas Real Estate. 108 Agency was retained as preferred buyer after a competitive auction and immediately becomes the alliance partner of BNP Paribas Real Estate in the Czech Republic.

Property developer Speedwell has signed a Promissory Sales Purchase Agreement for a 9-hectare land plot with the purpose of building a new project in Bucharest’s District 1. 

Cooperation between Slovak developer Corwin and Czech-Slovak investment company Hartenberg will comprise more than half a dozen real estate projects in Slovakia and Slovenia.    

Jet Industrial Lease has bought a 54,000 sqm portfolio of five industrial buildings in Poland from Vestinlog, part of the KKCG group. The value of the transaction has not been disclosed.