ARTICLES LABELLED WITH TAG investment

The economical environment for PRS investments in Poland has never been so favourable. However, foreign investors cannot spread their wings because of the general uncertainty, planning difficulties and high debt costs – these are just some of the topics that were covered in a panel discussion with international investors during Living Investment Forum 2022, organised by Property Forum yesterday in Warsaw.

White Star Real Estate has sold the 17,000 sqm Krisztina Plaza office building in Central Buda. The name of the buyer was not disclosed.

The volume of investment transactions recorded in the hotel sector on European markets in the first half of 2022, reached a similar level to last year's. The UK remains the most active market, followed by France, Italy, Spain and Germany, says Walter Herz.

Czech real estate funds are attracted to invest abroad, and not only in Poland. ZDR Investments is now heading to Austria to acquire a retail park in Voitsberg, Austria, for the second time. It is now investing €12.3 million. In total, the group has already invested six times in Austria, writes E15.cz.

Łużycka Office Park (buildings A, B, C and D) and Łużycka Plus, all located in Gdynia, have a new owner - a joint venture of Czech open-ended real estate fund Investika and Luxembourg-based private equity investor Bud Holdings. The price has not been disclosed. 

Lithuania was found to have the best record, Hungary came second and Iceland third. Altogether 34 countries were ranked by the Australian home loan comparison site, Compare the Market.

According to a survey conducted by Savills involving real estate investors with total EME assets under management exceeding €500 billion, European multifamily, big box logistics, urban logistics, CBD offices and student housing are the top five sectors that investors are looking to invest in over the next 12 months.

Property developer and investor Prime Kapital has unveiled plans for an urban regeneration project in Cluj-Napoca, on a land plot of 17.1 hectares that previously hosted an industrial platform. 

Berlin-based Catella Residential Investment Management GmbH has sold two centrally located fully-let residential and student housing assets in Warsaw and Kraków in Poland to institutional investors in Austria and the Netherlands for more than €60 million on behalf of Munich-headquartered AIFM platform Catella Real Estate AG (CREAG).

Office leasing across the country totaled 108,747 sqm in Q3, up 9% compared to the same period of last year, with Bucharest, Iași and Cluj-Napoca recording the biggest volume of transactions, according to real estate consultancy Fortim Trusted Advisors.