ARTICLES LABELLED WITH TAG investment

Wallberg completed the first tower of the XCity Towers project developed in the northern part of Timişoara and the apartments were sold in full, the company announced. 

Chariot Top Group BV, a company managed by Griffin Real Estate, has sold 4 retail parks, completing the third and the last tranche of retail assets acquisition by EPP. It is the biggest retail transaction on the Polish real estate market in terms of volume since the beginning of the pandemic.

The growing maturity of the Polish industrial real estate sector is directing investor attention towards urban logistics properties. According to data from JLL and SEGRO, available investment land and the possibility to extend existing parks in the eight largest agglomerations allow for the development of up to 4 million sqm which could meet the increase in demand.

The Management Board and the Supervisory Board of Immofinanz have decided to launch a voluntary public takeover offer to acquire a controlling interest pursuant to Section 25a of the Austrian Takeover Act for all outstanding no-par value bearer shares of S Immo not owned by the bidder.

The Arete Group of investment funds completed the entire transaction and transferred ownership of the complete portfolio of the Arete Invest CEE II subfund in the amount of €113.2 million (CZK 3 billion) to Cromwell European REIT (CEREIT) a publicly-traded real estate investment trust listed on the Singapore Stock Exchange.

Prime Kapital will inaugurate in Sfântu Gheorghe the first shopping center in the county on 18th March. The investment budget was over €22 million. 

In Romania, the hotel transaction volume reached about €9.5 million in 2020, down 87% from approximately €75 million in 2019, Cushman & Wakefield Echinox data shows.

One United Properties announces that it has paid approximately 10 months before maturity the payment of bonds worth €20 million to a Polish investment fund.

Alesonor, the developer of the green residential complex Amber Gardens, obtained the PUZ for Amber Forest, a project with over 500 green villas and 200 green apartments near Bucharest. The zonal urban plan, PUZ in Romanian, is necessary for the process of obtaining the construction permit

CATTED Business Park Chitila, the first industrial park developed exclusively for SMEs, was rented 100% in six months. The project has a total area of ​​7,500 sqm.