ARTICLES LABELLED WITH TAG investment

News - Prologis buys more development land near Prague
25
Jan
2022

Prologis buys more development land near Prague

by Property Forum
Prologis has acquired additional development land near its existing logistics park in Ostredek, Czech Republic. Located on the other side of the highway running through the site, the addition of another 7.15 hectares with potential development space of 27,000 sqm will take the total park area to 196,000 sqm. This will allow the park to provide even more development opportunities beyond the 8,880 sqm building DC1 currently under construction.
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News - CBRE IM acquires logistics building from 7R in Silesia
24
Jan
2022

CBRE IM acquires logistics building from 7R in Silesia

by Property Forum
CBRE IM has acquired Building D of the 7R Park Beskid I logistics centre. The building offers 13,800 sqm GLA and is fully let to two tenants. 7R has now sold all four buildings of 7R Park Beskid, comprising a total GLA of 58,300 sqm, to CBRE Investment Management.
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News - Garbe Institutional Capital starts science & tech real estate strategy
21
Jan
2022

Garbe Institutional Capital starts science & tech real estate strategy

by Property Forum
Garbe Institutional Capital is launching a new institutional club-deal strategy investing in science- & technology-led real estate: the "Garbe Science and Technology Real Estate Fund 1" (Garbe STREF #1). The alternative investment fund has a total target investment volume of around €400 million.
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News - CTP closes €700 million green bond issue
20
Jan
2022

CTP closes €700 million green bond issue

by Property Forum
CTP has closed a €700 million four-year green bond under its €8 billion euro medium-term note (EMTN) programme. Total demand for the issue peaked at circa €1.3 billion, reflecting the solid reputation CTP has built with investors in corporate green bonds in the 15 months since the company entered the capital markets for funding.
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News - P3 makes bond market debut with €1 billion green bond issue
20
Jan
2022

P3 makes bond market debut with €1 billion green bond issue

by Property Forum
P3 Group announced the issuance of its inaugural senior unsecured RegS dual-tranche green bonds across 4- and 7-year tenors, in an aggregate principal amount of €1 billion. The bonds, which will be traded on the Euro MTF Market and listed on the official list of the Luxembourg Stock Exchange, will bear a fixed coupon of 0.875% for the 4-year tenor, and 1.625% for the 7-year tenor, and are expected to be rated BBB by S&P, in line with the corporate rating.
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News - Indotek Group acquires 3-star hotel in Athens
20
Jan
2022

Indotek Group acquires 3-star hotel in Athens

by Property Forum
Indotek Group continues its international expansion in Greece, entering the Athens real estate market with the acquisition of a three-star, 124-room hotel. The Oscar Hotel Athens is the Group's first acquisition in Greece, adding more than 6,000 square meters of space to its international real estate portfolio. The company's aim is to ensure that the hotel, which is currently closed, can reopen as soon as possible following a complete renovation, thus enabling it to be put to good use. With this acquisition, Indotek Group further strengthens its international real estate position in Greece and Southeastern Europe.
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News - PGIM Real Estate fund buys logistics development in Legnica
20
Jan
2022

PGIM Real Estate fund buys logistics development in Legnica

by Property Forum
PGIM Real Estate has acquired a logistics development in Legnica, Poland on behalf of its second European value-add fund. The value of transaction has not been disclosed.
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News - Echo Investment sells first phase of Wrocław office building
20
Jan
2022

Echo Investment sells first phase of Wrocław office building

by Property Forum
West 4 Business Hub I, a Class A office building of an area exceeding 15,500 sqm, was acquired by Solida Capital, an investment and development company. The project of Echo Investment, which obtained the occupancy permit last year, was sold for nearly €40 million.
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News - CTP announces €125 million investment in CTPark Brno Líšeň
19
Jan
2022

CTP announces €125 million investment in CTPark Brno Líšeň

by Property Forum
CTP has added 69,000 sqm of buildings and development land to its CTPark Brno Líšeň in the Czech Republic through a sale-and-leaseback transaction with Zetor Tractors, the Czech agricultural machinery producer. The acquisition marks a major step in the overall €125 million transformation of the former Zetor brownfield industrial site into a modern new park for light manufacturing, retail, research and inner-city logistics which CTP embarked on in 2019. The transaction sees CTP consolidating its ownership in the Líšeň district, increasing the total land size to 29 hectares. Upon completion, CTPark Brno Líšeň will provide some 150,000 sqm of lettable area with over 2,500 jobs.
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News - Investor interest in hotels remains strong despite uncertainty
19
Jan
2022

Investor interest in hotels remains strong despite uncertainty

by Property Forum
Christie & Co’s annual business outlook for 2022 notes the hotel sector’s different developments in Germany, Austria, the Nordics and the CEE region. The key challenges were caused by the correlation and dependence of destinations with their source markets and the varying Covid-19 numbers. 
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Latest news


New leases

  • Globalworth announced the signing of a lease agreement with B+N Integrated Facility Services, part of the international facility management company LIWO Group, which operates across nine European countries. B+N will occupy approximately 1,500 sqm of office space in Green Court D, Globalworth’s newest development in Bucharest, currently under construction in the Aurel Vlaicu area and scheduled for completion in 2027.
  • UDH, one of Poland’s largest distributors of premium imported beers, has leased approximately 1,400 sq m of modern warehouse and office space at the Park Rysy Kraków distribution centre. The tenant, which has chosen to expand its operations in southern Poland, was once again represented by AXI IMMO.
  • Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.

New appointments

  • Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
  • Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.

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