Finance Archives

Finance

BlackRock property fund sells Rondo 1 office complex in Poland – EuropaProperty

The Blackrock Europe Property Fund II, part of BlackRock’s Real Estate business, has sold the Rondo 1 office complex in Warsaw, Poland, to two funds managed by Deutsche Asset...

Finance

Five transactions in Q1 result in €194 million in new financing for CTP – EuropaProperty

During Q1 2014, CTP signed agreements with five banks resulting in new financing or refinancing of projects with a total volume of €194 million. Recent transactions include a €92...

Finance

Global property investment volumes to hit $1.33 trillion in 2014 – EuropaProperty

According to Cushman & Wakefield’s latest International Investment Atlas, the global property investment market delivered $1.18 trillion (€859 billion) of transactions in 2013 – a 22.6 percent increase on...

Finance

NEPI receives €20 million refinancing from Garanti Bank for shopping mall in Romania – EuropaProperty

South African investment fund New Europe Property Investments (NEPI) has recently taken a €20 million loan from Garanti Bank to partially refinance its investment in Shopping City Galati in...

Finance

Investment fund BlackRock becomes biggest shareholder of lender UniCredit – EuropaProperty

BlackRock Inc, the world’s largest money manager, has increased its stake in UniCredit to 5.2 percent, becoming the Italian lender’s biggest investor, according to Bloomberg. BlackRock had a stake...

Finance

Resolution Property and ECE Fund acquire Poznan City Center – EuropaProperty

CBRE acted as advisor of Resolution Property and ECE European Prime Shopping Centre Fund on the purchase of Poznan City Center in Poland. The Vendors are TriGranit Development Corporation,...

Finance

Globe Trade Centre issues new bonds – EuropaProperty

In order to fund future growth of the Group and effectively prolong maturity of a portion of the existing bonds, Globe Trade Centre S.A. (GTC) issued new bonds in...

Finance

Record volume in Q4 boosts annual retail investment volume – EuropaProperty

Investors demonstrated strong appetite for retail assets especially in the UK (€11.1 billion) and Germany (€9.3 billion) which accounted for 33 percent and 27 percent of this volume respectively,...

Finance

AEW Europe investment flows tops €2.7 billion for 2013 – EuropaProperty

AEW Europe revealed that the firm transacted on more than €2.7 billion in Europe and the UK in 2013. The firm also raised new capital during the year totalling...

Finance

Trigranit Development, Europa Capital and Polish Railways sell Poznan City Center – EuropaProperty

Europa Capital, on behalf of Europa Fund III and together with its joint-venture partners TriGranit Development Corporation (TriGranit) and PKP (Polish State Railways), has successfully sold Poznan City Center....

Finance

Globalworth buys Tower Center International in Romanian capital – EuropaProperty

Real estate investment fund Globalworth Real Estate Investments has bought Tower Center International (TCI) in Bucharest’s Victoriei Square for €58 million. The building, developed by Avrig 35, was bought...

Finance

Eastern European investment volumes exceed 2013 expectations – EuropaProperty

Following three quarters of solid transactional activity and an even stronger fourth quarter, Eastern European investment volumes have exceeded 2013 expectations by coming in 26 percent higher than 2012,...

Category: Finance