ARTICLES LABELLED WITH TAG investment

Trade unions are offering the Art Deco Imperial Hotel in the centre of Prague for sale, for which they are asking at least CZK 2,15 billion (€86,6 million), HN.cz reports. Offers are accepted until 15th April 2024.

The latest report from Savills indicates that the highest demand for electric vehicle charging points is observed in Germany, France, Sweden, Norway, and the United Kingdom. Poland ranks in the top twenty countries with the highest growth potential for the development of EV charging infrastructure, presenting opportunities for commercial property owners and investors active in this market.

Panattoni presented its investment financing for 2023. In Poland, the company obtained 29 bank loans for development projects worth a combined sum of more than €800 million.

While the total investment volume in Romania’s commercial property sector fell by around 60% to around €500 million in 2023 year-on-year, the average transaction amounted to €21.5 million of the 23 investment deals tracked by Crosspoint Real Estate.

The investments transaction market in Romania totaled around €500 million in 2023, down from a record of more than €1.2 billion in the previous year, in line with lower deal volumes that have been recorded across region and the major international markets, according to a Colliers Romania report.

The past year has probably been the weakest since 2009 in terms of the volume of investments in real estate, both in the Czech Republic and throughout Central and Eastern Europe (CEE). This conclusion has resulted from the KPMG Property Lending Barometer survey. It has involved representatives of 48 banks from 10 CEE countries.

GLP announced has successfully acquired two logistics warehouses spanning a combined area of 37,600 sqm in Janki near Warsaw. The price has not been disclosed.

Zdeněk Hausvater, Director of Asset Management at AEW Europe, has confirmed that the shopping gallery Mylsbek in Prague is for sale, Hospodářské noviny reports.

The Romanian property market remains attractive for investments, with 65% of investors surveyed by Cushman & Wakefield Echinox saying they are looking to expand their presence in the local market.

The Office for the Protection of Economic Competition (ÚOHS) has authorized the Czech real estate fund Trigea from the Partners group to buy the owner of the Prague shopping centre Arkády Pankrác, e15.cz reports.