ARTICLES LABELLED WITH TAG investment

The European Bank for Reconstruction and Development (EBRD) is supporting the development of the secondary market for green commercial real estate in CEE with an equity investment of up to €50 million, in partnership with Adventum's Penta real estate fund. The partnership will acquire commercial real-estate assets, which will then undergo upgrades to improve their resource efficiency.

Hungary's BDPST Group is set to acquire Hotel Gellért in Budapest, located in the same building as one of the city's most famous spas, from Indotek Group. The price of the transaction was not disclosed. Indotek obtained the hotel in 2019, buying the property from Danubius Hotels Group, portfolio.hu reports.

Institutional investors have subscribed to bonds of Echo Investment with a total value of PLN 180 million (€38.4 million). The developer will use the funds raised to redeem existing bonds and strengthen the company's leadership position in the Polish real estate market.

Real estate investors and developers active in Romania argue that inflation, the increasing financing costs, the geopolitical situation and also the increasing construction costs are the main macroeconomic factors which may impact the Romanian real estate market, as these factors are expected to put pressure both on demand and on the rental levels. However, despite all the above-mentioned issues, investors remain positive and their expansion plans in Romania are mostly intact, according to the first edition of Cushman & Wakefield Echinox's “Real Estate Investors Sentiment Barometer”.

The First Real Estate Fund of IAD Investments (Prvý realitný fond) enlarged its Slovak part of the portfolio with a logistics hall with an administrative building in the Pharos location near Bratislava Airport.

Focus Estate Fund has closed the transaction on the acquisition of the Atrium Mosty shopping centre in Płock (Poland). The total area of the centre (GLA) is 18,000 sqm. The price has not been disclosed.

Savills has presented a preliminary summary of 2022 and predicted key trends for the coming months. The commercial property market in Poland is facing uncertainty and rising prices but remains underpinned by strong fundamentals, which bodes well for the future, reveals Savills.

Venture capital fund eMan Innovations has announced its new investment in smart modular homes. It is entering Juooh with a 45% stake and intends to further expand its portfolio in the energy sector.

MLP Group has successfully carried out a public offering of Series F shares by way of a private placement, directed exclusively to qualified investors and investors subscribing for shares worth no less than the equivalent of €100,000. Based on an accelerated bookbuild process, the issue price of Series F shares was set at PLN 70.

British investment company Verdion has sold the building that houses the headquarters of US courier company UPS for Eastern Europe. The 13,600 sqm building has been bought by Safichem Invest, which is backed by Czech owners. Neither party has disclosed the purchase price. The transaction was reported by HN.cz