ARTICLES LABELLED WITH TAG investment

Property group NEPI Rockcastle has posted a 12.3% growth in net operating income to €411 million in the first nine months of 2024 versus the same period of 2023 over higher rents and short-term income. 

Romania’s property investment market reached close to €655 million in the first nine months of 2024, up by 169% compared to the same period of last year, according to an iO Partners report.

The transformation of Prague's Florenc quarter is progressing to the next phase. Penta Real Estate, in cooperation with the capital city of Prague and the city districts of Prague 1 and Prague 8, has announced four international architectural competitions for four blocks in the area between the highway and the Prague-Florenc bus station.

The Amadeus Real Estate Group is preparing to sell the Máj department store in the centre of Prague to Realita fund, managed by the investment company Atris, reports Seznamzpravy.cz.

For the first time, YIT is expanding its development activities outside Prague and is preparing its first residential project in Brno. A growing demand for quality housing in the city is offering interesting potential for construction. 

Hungarian investor GESTOR REAL ESTATE announced the successful sale of Mazarrón Park, a retail destination on Spain’s scenic Costa Cálida, to French investment firm Epsilon 360° SCPI. This acquisition represents a significant milestone for Epsilon 360° as it broadens its reach into the thriving Spanish market, marking its first major investment outside of France.

A new cargo port is to be built in Vlčie Hrdlo in Bratislava, which, according to the vision of the investor Win-Port Invest, is strengthening Bratislava's international commercial and transport importance. The non-parliamentary party Democrats has submitted an initiative to the General Prosecutor's Office (GP) of the Slovak Republic in connection with the planned Harbor Park trimodal port project, reports Yimba.sk.

CA Immo has announced the start of a new share buyback program comprising around 1.86 million shares, which is equivalent to 1.76% of the current share capital of the company.

The opening panel at the SEE Property Forum, held in Bucharest by Property Forum, focused on the future of real estate in the context of advancing technology and sustainability demands, both for new and existing properties. Moderated by James Dearsley, CEO of EMEA Verv, the panel featured industry leaders, including Hubert Abt, Max Beard, Costin Bănică, and Emma Toma, who discussed evolving tenant needs, sustainable development, and the impact of technology.

According to the latest Savills Investment Report, the commercial property market in the Czech Republic is expecting a strong close to 2024. The total transaction volume for the first three quarters of 2024 has reached €1.09 billion.