ARTICLES LABELLED WITH TAG investment

The property map of ZDR Investments funds has expanded this year, thanks to acquiring three retail parks in the towns of Prevalje, Ravne, and Slovenj Gradec in the northern part of Slovenia.

Over 15,000 homes in Romania have received the green building certification between 2014 and 2024, and their combined value stands close to €3 billion, according to the Romania Green Building Council (RoGBC).

In 2024, the total investment volume in Poland amounted to €364 million, marking the weakest result for the first quarter in recent years. Interestingly, 25% of the invested capital comes from Polish investors. The warehouse sector remains the leader, accounting for 38% of the total investment volume. Unchanged, the vast majority of office transactions took place in Warsaw, while commercial investments were dominated by retail parks. Additionally, the market also saw two transactions in the residential sector in Warsaw, and two hotels were sold in seaside tourist cities, says Paulina Brzeszkiewicz-Kuczyńska, Research and Data Manager at Avison Young.

VGP NV and AREIM Pan-European Logistics Fund AB have announced the signing of an initial transaction between VGP and its 50:50 joint venture SAGA. The target investment is reaching €1.5 billion.

Real Estate fund AUP Bratislava, whose only asset is the well-known shopping centre Aupark Bratislava, has reported a return of 23.67% in the euro class since its establishment in 2021.

Lion’s Head, a joint venture company between AG Capital and Old Mutual Property, signed a contract for acquiring BPD – a logistics and industrial properties investment company. This is the biggest deal in the sector for the last years with an investment of €71.4 million.

The European Bank for Reconstruction and Development (EBRD) is supporting the development of residential housing in Poland by extending a loan of PLN 58.9 million (€13.7 million) to the Polish subsidiary of Nrep Nordic Strategies Fund IV. The EBRD’s loan, provided in Polish zloty, will finance Nrep’s first flexible living property in Poland under its brand Noli Studios. The signing follows an earlier commitment to Nrep of PLN 63.2 million, which supported the development of two residential-for-rent assets in Nrep’s portfolio in Poland, bringing 220 residential units to the Polish housing market.

Redkom Development finalised the sale of Park Glinianka in Łubna in the southern suburbs of Warsaw. The facility was purchased by CEE-BIG B.V. The price has not been disclosed. 

Victor Căpitanu, Co-Founder and Co-CEO of One United Properties spoke with Property Forum at Mipim in Cannes about the company’s residential development pipeline valued north of €1 billion and Bucharest’s capacity to provide high yields for real estate investors.

As development activity has slowed down, the focus is shifting to managing the existing stock across the whole commercial real estate market. Owners and other stakeholders have to adapt rapidly to serve changing demand from occupiers, said Benjamin Perez Ellischewitz MRICS, Principal at Avison Young in Hungary, while answering Property Forum’s questions at Mipim in Cannes.