ARTICLES LABELLED WITH TAG Immofinanz

News Immofinanz buys 29% stake in S Immo
24
Sep
2018

Immofinanz buys 29% stake in S Immo

by Property Forum
Immofinanz AG signed agreements for the purchase of 19,499,437 bearer shares in S Immo AG, which represent an investment of roughly 29.14%, on 18 April 2018. Following the receipt of the relevant anti-trust approvals, the closing of the transaction took place on 21 September 2018 and the acquired S IMMO shares were formally transferred to Immofinanz.
Read more >
News Immofinanz cancels plans for Braşov retail park
18
Sep
2018

Immofinanz cancels plans for Braşov retail park

by Property Forum
Immofinanz has renounced its plans for the construction of a Stop Shop retail park in Braşov citing the lengthy process of obtaining a construction permit. The developer is considering selling the land.
Read more >
News Immofinanz leases over 15,000 sqm in Bucharest
18
Jul
2018

Immofinanz leases over 15,000 sqm in Bucharest

by Property Forum
Immofinanz has leased a total of over 15,000 sqm in Bucharest in the first half of this year. This is equivalent to 8% of its current overall leasable office space in Romania. The company has attracted new tenants for 8,300 sqm of office space and extended contracts for an additional 7,500 sqm in six of its office properties.
Read more >
News Immofinanz approves sale of CA Immo shares to Starwood
02
Jul
2018

Immofinanz approves sale of CA Immo shares to Starwood

by Property Forum
The Supervisory Board of Immofinanz AG approved the package sale of the approximately 26% investment in CA Immo. The 25,690,163 bearer shares and four registered shares in CA Immo will be purchased by SOF-11 Starlight 10 €S.à r.l., a member company of the Starwood Capital Group (Starwood). The selling price for all shares covered by the package transaction totals €757.9 million,
Read more >
News Immofinanz sells plots of land in Bucharest
19
Jun
2018

Immofinanz sells plots of land in Bucharest

by Property Forum
Immofinanz has sold two plots of land managed by Adama, a developer part of theImmofinanz group, to Speedwell Real Estate Development. The buyer plans to expand its residential and office development portfolio in the northern part of Bucharest. The purchase price has not been disclosed.
Read more >
News Immofinanz doubles results of operations
31
May
2018

Immofinanz doubles results of operations

by Property Forum
Immofinanz doubled the results of operations to €35.5 million in the first quarter of 2018 (Q1 2017: €17.8 million). Rental income rose by 3.3% to €59.0 million. The results of asset management increased by a sound 14.1% to €45.0 million following a substantial reduction in property expenses. Both the results of property sales and the results of property development turned clearly positive: the results of property sales improved to €3.5 million (€-6.0 million) and the results of property development to €1.8 million (€-5.8 million).
Read more >
News CA Immo rejects Starwood offer
31
May
2018

CA Immo rejects Starwood offer

by Property Forum
The Management Board with the consent of the Supervisory Board of CA Immo has decided that neither the CA Immo treasury shares nor the Immofinanz shares held by CA Immo will be tendered into the respective voluntary partial offer of SOF-11 Starlight 10 EUR S.à.r.l., Luxembourg.
Read more >
News Immofinanz’s board recommends rejection of Starwood offer
27
Apr
2018

Immofinanz’s board recommends rejection of Starwood offer

by Import Sys
Immofinanz issued the legally required statement by the Executive Board on the voluntary partial public takeover offer by SOF-11 Starlight 10 EUR S.à.r.l. (Starwood Capital Group). In this statement, the Executive Board recommends that shareholders do not accept the partial public takeover offer of €2.10 per share for up to 5% of Immofinanz.
Read more >
News Immofinanz opens two retail parks in Serbia
27
Apr
2018

Immofinanz opens two retail parks in Serbia

by Import Sys
Immofinanz has opened two further retail parks in its Stop Shop brand. The Stop Shop portfolio has now grown to 72 locations with roughly 500,000 sqm of rentable space in eight countries. The new properties are located in the Serbian cities of Požarevac (7,200 sqm) and Vršac (8,250 sqm). Both locations are 100% rented. The tenants include, among others, LC Waikiki, Reserved, Sinsay, CCC, Deichmann and DM.
Read more >
News JLL to manage myhive Park Postępu in Warsaw
26
Apr
2018

JLL to manage myhive Park Postępu in Warsaw

by Import Sys
JLL has been selected by Immofinanz as the property manager of the Park Postępu office complex in Warsaw. JLL took over management of the building on 1st April 2018.
Read more >

Latest news


New leases

  • The company PKB Inwest Budowa has announced that the retail chain Lidl Polska will be a tenant of the newly developed Retail Park in Garwolin. The investment will include the construction of 3 buildings with a total area of 11,045 sqm. GLA. One of of them with an area of over 2,100 sqm will be occupied by a Lidl Polska shop.
  • Peek & Cloppenburg has chosen the Szczecin Galaxy shopping centre to make its debut in West Pomerania in Poland. The brand's only shop in this part of the country will be almost two thousand square metres in size.
  • The Enel-med clinic chain is opening two new outlets in Wrocław: 510 sqm in Sagittarius Business House and 1,374 sqm in the Infinity office building.

New appointments

  • Angelika Majkowska has taken up the position of HR director at Apsys Poland. Angelika, who has been with the company since 2013, will be responsible for complex HR policies in an organisation with a structure involving more than 19 teams in various locations.
  • Filip Krstičević is joining iO Partners in Zagreb as Regional Manager, focusing on leasing and land deals across the region. With a strong track record of acquiring land sites and developing residential and commercial properties in both Croatia and Australia, Filip is well placed to support international investors entering the Croatian market.
  • The Management Board of Globe Trade Centre S.A. has announced that on 18th of March, 2024 the company accepted Barbara Sikora's decision to resign from the company's authorities.

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

Sign up today for the latest news

I have read the Privacy Policy of International Property Network Inc. and I consent to International Property Network Inc. sending me newsletters and managing my personal data provided for this purpose.

 

Property Forum © 2017 – 2024 | Terms & conditions | Privacy policy