ARTICLES LABELLED WITH TAG investment

European Logistics Investment BV (ELI) has acquired two warehouse facilities located in Wrocław. ELI, together with its partner Panattoni, plans to further develop the site in order to deliver City Logistics Wrocław North totalling 45,000 sqm of logistics space.

Generali Real Estate S.p.A. has completed the acquisition of International Business Centre (IBC), an office building in Prague, from Mint Investments, on behalf of the pan-European “Generali Real Estate Core Plus” fund managed by Generali Real Estate S.p.A Società di gestione del risparmio.

Businessman Dan Șucu has sold the logistics centre of furniture and decoration retailer Mobexpert, located near Bucharest, to developer CTP in a "sale-and-leaseback" transaction valued at about €14 million, profit.ro reports. Mobexpert will remain the long-term tenant of the building.

SIF Banat - Crișana has agreed to sell approximately 3 ha of land at the site of the former Filan factory in the Pantelimon district of Bucharest to German retailers Kaufland and Lidl for about €12 million, profit.ro reports. This sum is 60% higher than what the fund paid for the property in 2019.

Central business district (CBD) offices, supermarkets and food-anchored retail parks, as well as logistics assets in key locations across Europe, will present attractive investment opportunities in 2021 as investors regain confidence following the COVID-19 crisis, according to Savills Investment Management (Savills IM).

Operational residential investment (which comprises multifamily, student housing and senior living assets) accounted for 27% of global real estate investment in the first three quarters of 2020, up from just 16% a decade ago, according to the Savills Global Living Report 2020.

Six prominent experts gave a 360-degree overview of the regional real estate market in the post-COVID-19 world at the online edition of Hungary’s Property Investment Forum 2020. We summarised the highlights of the discussion, moderated by Tuza Rita, Head of Capital Markets Hungary at JLL.

Palmira Capital Partners, one of the leading sector specialists in European logistics and industrial properties, has launched the Palmira European Core Logistics Fund.

The HopStop convenience retail park in Siedlce has been sold by Polish developer Katharsis Development to British investor LCP Properties. The seller was represented by Avison Young investment team throughout the transaction.

Austrian retail investor Supernova has acquired the Jupiter City shopping centre in the Romanian city of Pitești from local company Mall Retail Rom, owned by Israeli concern Jupiter Group. The value of the transaction hasn't been disclosed, but the transaction was said to be "distressed" with a price estimated to be below €20 million.