The Polish branch of BNP Paribas Real Estate represented one of the Asian clients of the BNP Group in the acquisition process of a distribution centre in Świebodzin In Western Poland, which was developed by Panattoni. The Korean fund became the new owner. The property with a GLA of 190,000 sqm is fully leased to Amazon, one of the largest e-commerce providers in the world.

Pan-European real estate investment manager Europa Capital, in partnership with commercial real estate investor and developer ConvergenCE, has acquired the Akadémia Business Center in Budapest. The acquisition has been completed on behalf of Europa Capital’s latest value add fund, Europa Fund VI.

After issuing a green bond in 2020, CA Immo signed its second sustainability-linked financing instrument at the end of 2021: a €300 million 3-year revolving credit facility (RCF) with two one-year extension options, whose margin is amongst others tied to the company's sustainability performance.

Indotek Group has completed the acquisition of 11 office buildings in 5 business parks in Belgrade from GTC. With the closing of one the recent years’ largest transactions in CEE, Indotek Group has further strengthened its position in the regional real estate market and is now present in 12 countries.

The Resideo warehouse in Nagykanizsa, Western Hungary has recently changed hands, Cushman & Wakefield announced on LinkedIn.

Crescendo Real Estate Advisors has finalized the sale of a BTS facility, located in Gliwice, which was built for DPD Polska. Palmira Capital Partners’ acquisition of the property for the European Core Logistics Fund (ECLF) was completed in December 2021. 

The volume of real estate investments in Romania gained 4% year-on-year to €919.45 million, driven by office and industrial developments, according to a report by real estate consultancy Fortim T.A., a member of BNP Paribas Real Estate. 

Echo Investment signed a preliminary sale agreement for three office buildings in Fuzja Łódź, that will be acquired for over €56.4 million by KGAL Group, an independent investment and asset manager. The buildings encompass 22,000 sqm of BREEAM-certified office space. They are a part of mixed-use Fuzja, a project revitalizing a post-industrial area of Łódź.

Griffin Capital Partners is the new name of the rebranded investment and asset manager Griffin Real Estate. By changing its name and revising its visual identity, the company wants to highlight the shift to private equity that has taken place in Griffin’s investment strategy over the last years.

Net lease real estate investment trust W.P. Carey has added seven DIY retail stores in Poland to its portfolio. The NYSE-listed company has bought the newly built assets totalling 70,000 sqm from private real estate firm Supernova Group for an undisclosed sum. The stores are triple-net leased to OBI for a term of 15 years with Eurozone CPI-based rent increases.