ARTICLES LABELLED WITH TAG joint venture

Grupo Lar Polska has entered into a strategic joint venture with Lithuania’s Galio Group, marking a new phase in its expansion in the Polish residential market, the company announced on LinkedIn. The partnership combines Grupo Lar’s strong local presence with Galio’s large-scale development expertise, with the goal of delivering around 1,000 modern apartments across prime locations in Poland. Grupo Lar Polska will serve as the managing partner.

A new premium residential project is to be built Gdańsk, thanks to a joint venture between BPI Real Estate Poland and Speedwell. The site was secured earlier by BPI.

Greykite European Real Estate Fund has commenced its deployment programme with the acquisition of a major logistics portfolio in Poland. Comprising three properties in Warsaw, Stryków and Gliwice, the portfolio will form the initial investment in a new €300 million joint venture with White Star Real Estate, a Central Europe-focused real estate developer and manager. White Star, the minority JV partner, developed the properties and will continue in its role as asset and property manager.

International investment and development group AFI Europe and Czech developer Finep have announced two signed transactions adding more than 800 apartments in two different locations to the Prague rental housing market over the next three years.

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.

Murapol - one of the largest developers has started a cooperation with EPP - the largest shopping centre manager in the country. They plan to establish joint ventures. They have notified the UOKiK (Office of Competition and Consumer Protection) of their intention to concentrate.

VGP has announced the establishment of a new 50:50 Joint Venture named “Saga” with Areim, an independent fund manager and property owner headquartered in Stockholm. The Saga Joint Venture will focus exclusively on key European markets, including France, Germany, the Czech Republic, Slovakia, and Hungary.

Mitiska REIM has announced on behalf of the MEREP 3 fund the acquisition of a retail park in the Slovakian city of Skalica and the development of a new retail park in Sládkovičovo. In a new joint venture partnership with OPC Group, Mitiska REIM plans to expand its retail park portfolio in Slovakia in the coming years. 

Tatra Asset Management, the largest mutual fund manager in Slovakia, and real estate company Alto Real Estate are joining together in their ventures focused on leasing office space, reports reality.trend.sk.

Solida Capital and Xior have formed a joint venture in Poland to jointly develop student housing projects. The first investment will be a student dormitory located in the Old Town area of the capital, close to the University of Warsaw campus.