OTP Real Estate Investment Fund acquires stake in Appeninn

15
Mar
2018
News - OTP Real Estate Investment Fund acquires stake in Appeninn #Appeninn #Hungary #investment #Konzum #OTP

by Import Sys | Investment

Hungarian investor Appeninn Nyrt. has announced that holding company Konzun sold over 2 million ordinary shares with the face value of HUF 100, issued by the company, to OTP Real Estate Investment Fund within an OTC transaction.

Arising from the said transaction and other stock market transactions, the amount of the shares, owned by OTP Real Estate Investment Fund has been increased to 2.4 million pieces, meaning OTP Real Estate Investment Fund has acquired a business quota representing 5.92 percentage of the share capital of Appeninn Nyrt.
 
As a result of the transaction the percentage of share of Konzum Nyrt. in the company decreased to 21.18 percent. As a result of the transaction, the percentage of share of Konzum group in the company decreased to 46.46 percent.

Appeninn Hungary investment Konzum OTP


Latest news


New leases

  • Court One has signed a lease for approximately 6,300 sqm of space at MLP Business Park Vienna. The tenant, a subsidiary of the Padeldome group, is currently Austria’s largest operator in the sector, managing 42 courts across four locations in the capital.
  • Polish fashion and lifestyle brand Medicine has accelerated its domestic expansion, headlined by the opening of its largest store to date, a 985 sqm flagship at the Silesia City Center in Katowice. This strategic scale-up is mirrored by simultaneous growth in several regional markets, including a new 740 sqm unit at Magnolia Park in Wroclaw and a 600 sqm extension at Galeria Warmińska in Olsztyn. The retailer further bolstered its Silesian presence with a 500 sqm location at Pogoria Shopping Centre and a new opening at CH Platan, significantly increasing its total floor space across Poland.
  • IAG GBS Poland, the shared services arm of the International Airlines Group (IAG), has finalised a lease renewal for 2,246 sqm of office space within the O3 Business Campus in Krakow. The decision to remain in the current location followed a comprehensive market analysis and workplace audit conducted by Savills.

New appointments

  • Avison Young has promoted Bartłomiej Krzyżak and Marcin Purgal to the roles of Co-Heads of the Investment Department in Poland. Krzyżak, previously Senior Director, brings 18 years of commercial real estate experience, having joined Avison Young in 2017. Purgal, also a former Senior Director and a member of the Royal Institution of Chartered Surveyors (MRICS), transitions into the co-head role with 23 years of experience in the CEE commercial markets.
  • Avison Young has strengthened its Polish leadership with three senior promotions. Patryk Błach ascends to Associate Director within the Investment Advisory Department. Kamil Głowienka has been named Senior Project Manager. Furthermore, Katarzyna Uzar becomes a Valuation and Innovation Specialist, tasked with integrating technological solutions and coordinating global departmental projects.
  • Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.


Latest news

News - LemonTree starts second phase of Lablogic Warsaw project
05
May
2026

LemonTree starts second phase of Lablogic Warsaw project

by Property Forum
LemonTree has commenced the second phase of the Lablogic Warsaw project, located near Chopin Airport at Osmańska Street in Ursynów district. 
Read more >
News - Kingstone RE partners with Iroko for Polish expansion
05
May
2026

Kingstone RE partners with Iroko for Polish expansion

by Property Forum
Kingstone Real Estate has established a strategic partnership with French asset manager Iroko to facilitate investment opportunities in Poland.
Read more >
News - pbb provides €36m loan to AYA Properties Fund for Warsaw office deal
05
May
2026

pbb provides €36m loan to AYA Properties Fund for Warsaw office deal

by Property Forum
Deutsche Pfandbriefbank (pbb) has provided investment and VAT loans totalling €36 million to the AYA Properties Fund, which acquired an office building in Warsaw's Wola district.
Read more >


Property Forum ABOUT US

Property Forum is a leading event hub in the CEE real estate industry with over 10 years of experience. We organise conferences, business breakfasts and workshops focused on real estate, in London, Vienna, Warsaw, Budapest, Bucharest, Bratislava, Prague, Zagreb and Sofia, amongst other locations.
Please send press releases to
newsdesk AT property-forum DOT eu
MORE >

CONTACT

NEWSLETTER

 

Property Forum © 2017 – 2026 | Terms & conditions | Privacy policy