ARTICLES LABELLED WITH TAG AEW

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 historic building will offer 4,600 sqm of office and 340 sqm of retail space in the very heart of the Hungarian capital. The opening is expected at the end of January.

AEW has acquired a newly developed city logistics asset in Warsaw, Poland. The asset was purchased from Panattoni in an off-market transaction on behalf of a separate account mandate for a German pension fund.

Swiss Pillar Investments Europe SARL, part of the Swiss Reinsurance Company, has applied to the Polish competition authorities to acquire five warehouse facilities from AEW in Poland.

French-based investment fund AEW has sold the America House office building in Bucharest to the real estate investment division of Morgan Stanley in association with a group of Israeli investors highly active on the real estate market, represented by David Hay

AEW has acquired two historic, mixed-use properties on Andrássy Avenue in Budapest, on behalf of a German separate account.

AEW’s Europe City Retail Fund has acquired a 3,000 sqm mixed-use building in the centre of Budapest for around €18 million. The sellers of the high street building were the Pallas Athéné Foundations, created by the Central Bank of Hungary.

After almost two decades AEW Europe decided to sell Atrium Tower office building located in Warsaw. The new owner of the property is VIG FUND, the real estate investment vehicle of Vienna Insurance Group (VIG). Real estate advisor Savills represented AEW Europe in the transaction.

Mint Investments, a Central European real estate investment & asset manager acquired the International Business Center (IBC) in Prague on behalf of a syndicate of private investors. The buyer was AEW Europe, a multi-national real estate asset manager, with over €60 billion of assets under management. AEW was advised by CBRE, Havel, Holásek & Partners and Mazars. Mint Investments were advised by Mareš Partners and EY.

AEW has sold the Smíchov Gate office building in Prague 5 after almost ten years of ownership on behalf of one of the funds managed by AEW. The new owner is Redside, manager of real estate open-ended investment fund NOVA Real Estate (SICAV). Cushman & Wakefield facilitated the sale of the property.