Panattoni is selling a portfolio of 5 logistics parks in strategic locations totalling 280,000 sqm to an Asian investor. This marks the Asian investor's first investment in Poland and the transaction was handled by Savills Investment Management.

Bulgaria-based insurance company DZI, part of Belgium's KBC Group, has acquired Mall Varna, an office building located in Varna, Bulgaria. The seller was Hidrostroy, a local company. The transaction price has not been disclosed.

Diamante Plaza, an office building located in Kraków, was sold to Catalyst Capital. Experts from Capital Markets at BNP Paribas Real Estate Poland provided commercial advisory to the buyer and supported him in finalising the purchase.  

According to JLL, CEE's real estate investment volume for 2019 hit €14.0 billion. Poland registered over 55% of this total (€7.7 billion) and was followed by the Czech Republic (€3.1 billion), Hungary (€1.7 billion), Slovakia (approx. €770 million), and Romania (approx. €683 million).

Savills Investment Management acquired a logistics centre near Wrocław. The purchase price amounts to €32.7 million. This modern facility with a total area of 46,000 sqm. was purchased by Savills IM on behalf of Savills IM European Logistics Fund 3 (ELF 3) from Panattoni Europe.

Israel-based international hotel chain Fattal Holdings has acquired hotels in Budapest and Bucharest, increasing the chain's portfolio to 225 hotels.

Adventum International, a Malta based boutique investment fund manager, has acquired the 17,500 sqm office building Katowice Business Point in the administrative capital of the Silesia voivodeship. 

CPI Property Group continued to purchase Globalworth shares throughout the week. Following the recently executed transactions and an acquisition announced last week, CPI Property Group now holds 29.4% of the company’s voting rights.  

7R has finalized the sale of the 7R City Flex Łódź I warehouse located in Łódź, Poland to SELP (Segro European Logistics Partnership). This is the third 7R project, following 7R City Flex Łódź II and 7R Park Wrocław, to join the Polish portfolio managed by Segro.

Last year brought yet another record on the Polish investment market. Throughout 2019, the total transaction volume amounted to €7.8 billion which is higher 2018’s figure of €7.2 billion). Thus, Poland has once again proved that it is an attractive and increasingly more liquid market, according to Avison Young’s latest investment market report.