ARTICLES IN Investment  TOPIC

News Reino & RF CorVal to buy BUMA’s portfolio in Poland
27
Feb
2020

Reino & RF CorVal to buy BUMA’s portfolio in Poland

by Property Forum
Reino Capital, a Luxembourg-based fund and Australia's RF CorVal signed a preliminary agreement to buy BUMA Group’s real estate portfolio as part of a larger deal. The portfolio consists of 10 office properties with over 110,000 sqm GLA plus a land bank with capacity for office projects totalling more than 80,000 sqm GLA and residential projects with over 100,000 sqm of usable area.
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News Knight Frank to sell Speedwell’s Cluj Napoca complex
27
Feb
2020

Knight Frank to sell Speedwell’s Cluj Napoca complex

by Property Forum
Speedwell has mandated Knight Frank to sell the office buildings and sports centre of Record Park, a mixed-use project (office, sports centre & residential) situated in central Cluj-Napoca (next to Dedeman’s The Office). The sales mandate includes three separate buildings: two office buildings - a new Class A office building next to a renovated historic building of the former imperial stables - and a new stand-alone sports centre with a pool.
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News Forte Partners buys Bucharest land plot
24
Feb
2020

Forte Partners buys Bucharest land plot

by Property Forum
Romanian developer Forte Partners has acquired a 9,300 sqm land plot of on Expozitiei Boulevard in Northern Bucharest, Ziarul Financiar reported.
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News Cordia aims to buy remaining stake in Polnord
20
Feb
2020

Cordia aims to buy remaining stake in Polnord

by Property Forum
Cordia International announced a public tender offer on 14 February 2020 to buy the remaining approximately 34.34% of the shares in Polnord S.A., which is not owned by Cordia International currently.
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News Ares and Griffin buy majority stake in Polish developer
17
Feb
2020

Ares and Griffin buy majority stake in Polish developer

by Property Forum
A joint venture between a fund managed by the Real Estate Group of Ares Management Corporation and Griffin Real Estate announced the acquisition of a 98.04% stake in Murapol SA, a leading Polish property development company. The value of the deal was not disclosed.
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News Portico sells multifunctional complex in Oradea
13
Feb
2020

Portico sells multifunctional complex in Oradea

by Property Forum
Local capital group Lotus Center, the largest owner of shopping centres in Oradea, acquired the multifunctional complex Oradea Plaza from Portico Investments, in a transaction advised by Colliers International.
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News Cordia finalises purchase of a majority stake in Polnord
12
Feb
2020

Cordia finalises purchase of a majority stake in Polnord

by Property Forum
Cordia has successfully acquired 63.7 million shares of Polnord, one of the largest development companies in Poland. Transaction worth €31.7 million provided the Hungarian founded developer with a control stock of shares exceeding 65% in the increased capital.
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News Česká pošta sells former monastery in Prague
11
Feb
2020

Česká pošta sells former monastery in Prague

by Property Forum
Česká pošta has sold the former St. Gabriel Monastery, located in Prague's Smichov district, to the CIMEX group for €14 million (CZK 353 million).
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News Panattoni sells five Polish parks to Asian investor
10
Feb
2020

Panattoni sells five Polish parks to Asian investor

by Property Forum
Panattoni is selling a portfolio of 5 logistics parks in strategic locations totalling 280,000 sqm to an Asian investor. This marks the Asian investor's first investment in Poland and the transaction was handled by Savills Investment Management.
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News Bulgarian insurer buys Varna office complex
10
Feb
2020

Bulgarian insurer buys Varna office complex

by Property Forum
Bulgaria-based insurance company DZI, part of Belgium's KBC Group, has acquired Mall Varna, an office building located in Varna, Bulgaria. The seller was Hidrostroy, a local company. The transaction price has not been disclosed.
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Latest news


New leases

  • The Media Expert electromarket chain has joined the ranks of tenants at the Big Łubna park. A 700 sqm outlet has opened in the shopping complex near Warsaw.
  • EPP-managed Power Park Kielce has strengthened its offer in the DIY and hobby segment. A multimarket of the Swedish Jula chain has opened in the facility with a total area of more than 1,700 sqm.
  • JLL and its company Tétris, which specialises in the design and arrangement of commercial interiors, have decided to relocate their Kraków office to the Unity Centre complex. The new office comprises 300 sqm and is located on the 16th floor of the building.

New appointments

  • CPI Property Group announced the appointment of Agnieszka Baczyńska, the current Head of Leasing Retail, to the newly created position of Business Excellence Director in Poland. She will be responsible for implementing the operational efficiency strategy and monitoring its progress, as well as supervising projects related to business transformation.
  • Marta Busłajew joined the 7R team as Head of Marketing and Communications, where she will oversee the development and execution of marketing and communication strategies aligned with 7R's growth plans.
  • Savills announced that Wojciech Mazur has joined the Office Agency - Landlord Representation. He will support commercial property owners in the processes of leasing.

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