IMMOFINANZ, one of the principal real estate investors in Romania and the leading office building owner in Bucharest, announces several new partnerships and extensions of agreements with tenants in the local office sector, accounting for a total of over 21,000 sqm. The company has prolonged and extended existing contracts for over 19,000 sqm and has attracted new tenants for about 2,400 sqm in five of its class A office properties in Bucharest.

The European industrial and logistics market experienced record levels of investment in Q2 2015 with the total volume reaching €6.1 billion, reports the latest analysis of CBRE. Investors are concentrating their capital on north Western Europe, and particular favour lies with the UK market which accounted for 40% of the total volume. Germany, Sweden, Finland, the Netherlands and Spain also reported strong quarterly figures.

Leading global private investment firm Texas Pacific Group (TPG) has acquired a major part of Hungary’s most successful real estate developer TriGranit. The transaction affects the entire Polish and Slovakian portfolio of TriGranit, as well as some of its Hungarian and Croatian projects and TriGranit Platform. By ensuring additional funding TPG intends to create the largest real estate investment, development and management corporation of the region. Budapest’s West End City Centre and other TriGranit projects remain unaffected. The remaining part of the company will continue to exist and operate under the name Gránit Management.

Investment into the commercial real estate (CRE) market totalled nearly €56 billion in the second quarter of 2015, up 15% on Q2 2014, according to the latest figures from global real estate advisor CBRE. Although the rate of year-on-year growth in investment activity has slowed slightly compared with Q1, it is still the highest Q2 total since 2007. Commercial real estate investment in Central and Eastern Europe slowed in H1 2015 due to a lack of available prime stock and the impact of rent contraction in Warsaw’s office market, the region’s most liquid market.