ARTICLES LABELLED WITH TAG investment

Developer Immocap has confirmed the acquisition of the plot right in front of the railway station Bratislava - Nové Mesto, Yimba.sk reports. The previous owner, Merius, has planned to build the Semiramis residential project on this exposed land between the station and the Kuchajda Lake.

Daniela Lazea, Partner at Biriș Goran, spoke to Property Forum about the growth in renewable energy and industrial investment in 2024 and the potential for the transaction market to outpace in 2024 the volume of around €500 million posted last year.

Precordia Capital and Septyma have become holders of 66% of shares in the convenience retail park Street Mall Vis à Vis Wilanów located on ul. Przyczółkowska 219 in Warsaw. They acquired the shares from Capital Park Sp. z o.o. The value of the deal has not been disclosed.

A Luxembourg court has definitively confirmed the conclusions of the Luxembourg Commission for the Supervision of the Financial Market. As per the verdict, Radovan Vítek's companies had been engaged in manipulation during the takeover of developer Orco, Seznamzpravy.cz reports.

Costin Nistor, Managing Director of Fortim Trusted Advisors, spoke with Property Forum about the agency’s goal to achieve at least 20% growth in 2024 after launching new business lines and focusing on segments with development potential in the commercial and residential areas.

Real estate investment transactions in the Romanian commercial real estate sector totaled €419 million in H1 2024 and could reach around €700 million by the end of the year, surpassing 2023 levels, according to an analysis by Colliers.

Savills, on behalf of private investors, together with CA Ventures and Golub & Co., has completed the sale of LivinnX, a Purpose Built Student Accommodation (PBSA) building in Kraków, Poland, to Xior. The asset, LivinnX, has 290 self-contained units with 673 student beds and offers many amenities, including a roof terrace with a jacuzzi, climbing wall, gym, sauna, community kitchen, laundry room, music room and various other recreational and study spaces. The total lettable area is c.14,400 sqm. The price has not been disclosed.

Cordia Polska Finance, a member of the Cordia Group, has completed its second bond issue on the Catalyst platform of the Warsaw Stock Exchange (WSE).  The company placed bonds totalling PLN 120.4 million, with a maturity of 3.5 years and a variable interest rate.

The Industrial parks investor Accolade has issued green bonds in the Czech currency. The planned issue of CZK 1.5 billion (€120 million) has been sold out within a week.

Refield sold two retail parks, Pasaż Kępiński and Pasaż Grodziski, to Falcon Investment Management . These two assets, totalling 22,000 sqm GLA, were completed by Refield in late 2023. Earlier, the fund acquired Pasaż Golubsko-Dobrzyński in 2022. The total value of the transaction amounts to more than PLN 150 million (ca. €35 million).