ARTICLES IN Investment  TOPIC

News Globalworth eyes NEPI-owned office buildings in Romania
15
Jan
2018

Globalworth eyes NEPI-owned office buildings in Romania

by Import Sys
Globalworth is, according to zf.ro, in talks with NEPI Rockcastle to acquire The Office Cluj and City Business Centre Timisoara. The investor completed a €330 million ordinary share issue at the end of last year and intends to use the money raised for investments in Poland and Romania.
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News Erste Real Estate Fund acquires Budapest retail park
15
Jan
2018

Erste Real Estate Fund acquires Budapest retail park

by Import Sys
Market Central Ferihegy, one of the largest retail parks in Hungary, and adjacent office complex Quadrum have been acquired by Erste Real Estate Fund. According to Erste Asset Management, growth of the economy and expansion of the retail market in Hungary may facilitate higher rent, representing favourable outlooks for future returns of real estate funds.
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News MCAP Global Finance enters CEE with Budapest purchase
11
Jan
2018

MCAP Global Finance enters CEE with Budapest purchase

by Import Sys
MCAP Global Finance, the London-based subsidiary of global investment manager Marathon Asset Management, has acquired the Népliget Center office building in Budapest on behalf of its funds and managed accounts. The transaction price has not been disclosed. The buyer was advised by Lodge & Partners, which will oversee the local asset management of the building.
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News WDP to grow Romanian portfolio to €500 million
11
Jan
2018

WDP to grow Romanian portfolio to €500 million

by Import Sys
WDP is reinforcing its capital in the Romanian entity, being a 51/49 joint venture partnership with Jeroen Biermans up until now. After the capital increase the ownership ratio of the shareholders will evolve towards an 80/20 ratio. This should facilitate the further portfolio growth towards €500 million.
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News Revetas and Cerberus acquire €170 million hotel complex in Bucharest
11
Jan
2018

Revetas and Cerberus acquire €170 million hotel complex in Bucharest

by Import Sys
Revetas Capital Advisors LLP and Cerberus Capital Management, L.P. and its affiliates announced the acquisition of Project Nemo, a leading hotel complex with approximately 86,000 sqm of gross leasable area in a prime location in Bucharest, Romania. The complex includes the Radisson Blu and Park Inn hotels, featuring a total of 697 guest rooms operated by the Rezidor Hotel Group, as well as approximately 7,500 sqm of prime retail space anchored by high-end tenants such as Burberry and Hugo Boss.
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News Blackstone to buy 24 logistics centres from Goodman
04
Jan
2018

Blackstone to buy 24 logistics centres from Goodman

by Import Sys
Blackstone Property Partners Europe Lower Fund 2 plans to acquire 24 logistics centres from Goodman. The buyer intends to buy assets and shares in several companies which own properties in Poland, France and Germany.
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News Catalyst Capital buys Wrocław office building for €44 million
03
Jan
2018

Catalyst Capital buys Wrocław office building for €44 million

by Import Sys
Catalyst Capital, a European real estate investment and fund management firm, has bought Nobilis Business House from Echo Investment for €44 million. The building, located on Marii Skłodowskiej-Curie Street in Wrocław, was completed in late 2016.
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News Echo Investment sells Kraków building to EPP
02
Jan
2018

Echo Investment sells Kraków building to EPP

by Import Sys
EPP has acquired O3 Business Campus II, the second building of an office complex located on Opolska Street in Kraków from Echo Investment as a part of the ROFO transaction agreed in 2016.
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News P3 buys 17 ha of land in Bucharest
28
Dec
2017

P3 buys 17 ha of land in Bucharest

by Import Sys
P3 has acquired over 17 hectares of land in the vicinity of P3 Bucharest Park with the purpose of developing the park up to 500,000 square meters in the next two years. The new plot of land allows for the building of a warehouse of up to 100,000 sqm.
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News YIT sells housing projects in Prague and Bratislava
28
Dec
2017

YIT sells housing projects in Prague and Bratislava

by Import Sys
YIT has sold housing projects in Prague, the Czech Republic and in Bratislava, Slovakia to YCE Housing I fund. The value of the projects is approximately €50 million, and the sales are recorded in the last quarter of the year.
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Latest news


New leases

  • Exact Sciences, a global leader in molecular diagnostics and early cancer detection, has chosen the LIXA campus in Warsaw for its new Polish international enabling hub. The company has joined the tenants of the LIXA D office building, leasing a total of over 1,800 sqm of modern space on the first floor of the building at ul. Giełdowa 5 in Warsaw.
  • The Embassy of the Republic of the Philippines has moved to Bucharest-based SkyTower, operating out of a 580 sqm space under a 5-year lease agreement. The building also hosts the Embassy of the Republic of Korea in Romania.
  • De Heus, a producer of animal feed, which has built a strong presence in the Polish market, has leased 7,050 sqm of warehouse and office space at GLP Łódź III Logistics Centre. This is the first Class A warehouse of De Heus in Poland. The tenant was advised by specialists from Newmark Polska during the search for the right space and throughout the lease negotiations.

New appointments

  • At the beginning of September, Ewa Ciołek and Piotr Meleszko were promoted to Senior Leasing Manager. MLP Group, recognising the internal competencies and achievements of its team, emphasises the importance of further improving the efficiency of its leasing operations, which are key to the company's dynamic growth.
  • Avison Young's Investment Advisory team in Poland has welcomed a new member, Katarzyna Sielewicz, who takes the role of Senior Consultant. Katarzyna holds a master’s degree in Finance from the Stockholm University School of Business and completed an exchange semester at Cass Business School in London. She gained international real estate experience working with the global Research and Strategic Advisory team at Cushman & Wakefield (formerly DTZ) in London.
  • Activ Property Services has announced the appointment of Ionuț Grigoraș as Partner in the industrial department. With more than 14 years of experience in the real estate sector, Grigoraș has worked with leading companies such as CTP, WDP, VLParks România, Logicor, P3, MDO, and MLP Group.

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