The European Bank for Reconstruction and Development (EBRD) is supporting the development of the secondary market for green commercial real estate in CEE with an equity investment of up to €50 million, in partnership with Adventum's Penta real estate fund. The partnership will acquire commercial real-estate assets, which will then undergo upgrades to improve their resource efficiency.
The European Bank for Reconstruction and Development (EBRD) is extending a €30 million mezzanine loan facility to DL Invest Group, a Polish real estate developer and investor focused on commercial real estate. The mezzanine loan will support the development of sustainable industrial and logistics real estate projects in Polish regions.
Resi4Rent has secured a €50 million loan from the European Bank for Reconstruction and Development (EBRD) for new investments in the institutional rental market in cities hosting refugees from Ukraine, the company said. This is the first EBRD financing for the institutional rental sector (PRS) in Poland.
Adventum Group, the CEE focused real estate investment manager, has reached a significant milestone in its history with the approval of the co-investment by the European Bank for Reconstruction and Development. The closing of the partnership is expected to complete by the end of May 2022.
Revetas Capital, the pan-European real estate investment advisor, has announced the appointment of Michele Small as independent Board Member of Keystone CEE Scp, being nominated by the EBRD.
The European Bank for Reconstruction and Development (EBRD) is boosting the development of green industrial and logistics real estate with a €72 million mezzanine loan facility to DL Invest Group, a Polish real-estate developer focused on commercial property.
The European Bank for Reconstruction and Development (EBRD) has agreed to sell its entire stake in Globalworth Real Estate Investments Ltd to Zakiono Enterprises Limited, a company ultimately owned by CPI Property Group S.A. and Aroundtown SA. No value for the transaction has been released.
The European Bank for Reconstruction and Development (EBRD) has invested €42.5 million in a €500 million green Eurobond issue by real estate company CTP to support its portfolio expansion, thereby increasing the supply of green real-estate stock across the EBRD’s regions.
The European Bank for Reconstruction and Development has successfully subscribed to a €24.7 million ticket as part of an inaugural five-year €300 million green bond issuance by MAS Securities BV. The firm is wholly owned by MAS Real Estate Inc., an investor and operator of predominantly retail real estate assets that focuses on CEE.
The European Bank for Reconstruction and Development (EBRD) has successfully subscribed to a €67 million ticket as part of an inaugural eight-year €600 million green bond issuance by VGP NV, a pan-European provider of logistics and semi-industrial real estate. EBRD’s investment will support the development of sustainable semi-industrial and logistics parks in Hungary, Latvia, Romania and the Slovak Republic.
Online documentation and efficiency solutions company Craft Docs secured a 1,000 sqm of office space in the renewed Krausz Palace office complex in downtown Budapest. The company will move in August 2023. The startup has become the first tenant of the building, Jake Lodge, principal of Avision Young Hungary responsible for the leasing and operative management of the building said.
A new tenant has moved into the Eximius Park office complex near Kraków. GoE Wellness is a British healthy lifestyle start-up that is expanding its operations in Europe. The company's new office has an area of approximately 900 sqm and is located in building 200.
Galeria Jurajska is strengthening its offer. Three new tenants - fashion brands Quiosque and Lovisa and patisserie Lody Czewskie - will soon appear in the Częstochowa shopping centre.
New appointments
CPI Property Group is expanding its retail leasing department. Dariusz Kafara has been appointed as the new Leasing Manager. At the Warsaw branch of the company, Dariusz is responsible for maintaining the maximum level of commercialisation in two retail park chains from the group's portfolio - CityMarket and STOP SHOP.
Brian Nyeng Olesen, formerly head of commercial at the Salling Group, has been appointed as the new managing director of Netto Polska. The position was previously held by Hugo Mesquita.
M Core appoints Magdalena Kowalewska as the new Chief Operating Officer at LCP Properties, Poland. This comes at the same time that Krystian Modrzejewski has accepted a post as the Group Head of Expansion for Poland, where he will be responsible for realising the opportunity for land and asset acquisition in aid of portfolio growth. LCP Properties Poland is part of the M Core group, which brings together family-owned companies that invest in and manage real estate. It comprises LCP, Proudreed, Sheet Anchor, GIPAM and Evolve Estates.
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