ConvergenCE sells Budapest office building to local investor
ConvergenCE closed the sale of the Árpád Center office building. The property at the junction of Árpád Bridge and Váci Road was acquired by Investum Kft. During the transaction,...
Category: Investment Market
YIT and BTA agree to establish a JV for Baltic residential rental investment
BTA Baltic Insurance Company, a part of the Vienna Insurance Group, has agreed with the Finnish construction company and developer YIT to establish a joint venture and co-invest a...
Fortress acquires ELI Park 1 near Bucharest
Fortress, one of the largest real estate investments trusts (REITs) in South Africa, has reached an agreement with Element Industrial and Paval Holding and signed the acquisition contract for...
Construction on 960 large-scale projects in Poland valued at €150 billion
The growth potential of the Polish construction market will remain significant through 2026 on the back of the continuation of ambitious road and railway infrastructure projects, the required power...
Investor sentiment across the CEE region remains strong but volumes are down
According to Colliers, the CEE markets continue to feel some impact on transactional activity with flow volumes down ca. 22 percent Y-o-Y. Poland captured more than half of all...
PepsiCo to invest over PLN 1 billion in new food manufacturing plant in Poland
PepsiCo recently held a foundation laying ceremony on its largest and most sustainable foods manufacturing plant in Europe. The new, PLN 1 billion project, the company’s fifth plant in...
Generali Real Estate acquires core logistics park in the Gdansk area
Generali Real Estate has completed the acquisition of 7R Park Gdansk II, a core logistics park in Poland, located in Kowale, Gdansk area, on behalf of the pan-European “Generali...
Lincoln acquires office development site in Warsaw
Lincoln Property Company has partnered with investment group ENERN to acquire the prime office development site in the heart of Wola in Warsaw from Penta Real Estate for around...
GARBE and Union Investment enter the market in Slovakia
Union Investment and GARBE Industrial Real Estate, one of the leading specialists for logistics and industrial properties in Germany and Europe, jointly acquired the first logistics property for their...
Why Central and Eastern Europe is the property frontier for SA REITs
Central and Eastern Europe (CEE) has attracted significant interest from South African investors in real estate who have sought to diversify their portfolios and satisfy their appetite for yield-enhancing...
Gide advises OKAM Capital on a landmark transaction in Warsaw
OKAM Capital acquired 62 ha of the real properties located in Żerań, Warsaw, comprising of post-production car manufacturing land and facilities. This is transaction is heralded as on an...
REICO acquires Panattoni Park Tychy DC1 in Poland
The ČS nemovitostní fond, managed by REICO, is acquiring Panattoni Park Tychy DC1 in Poland. The value of the acquisition is around CZK 1.1 billion (€42 million). This brings...
