Zeus International buys three hotels in Bucharest
Zeus International Group has bought three hotels in Bucharest in a cross-border share deal from Alpha Real Estate Services (ARES), a member of Alpha Bank Group. The Greek company...
Category: Investment Market
Avison Young expands in CEE with new offices in the Czech Republic and Bulgaria
Avison Young announced two new strategic affiliations that expand the firm’s service delivery to clients further across Central and Eastern Europe (CEE) with the addition of a newly established...
Immofinanz buys former BCR HQ in Bucharest
Immofinanz has acquired the former HQ of BCR in Bucharest for €36 million, both companies announced. The property will be modernized and transformed into a green myhive building, with...
Yareal completes sale of NEOPARK office complex
Yareal has sold both buildings that comprise the campus-like NEOPARK office complex located in Warsaw’s Służewiec district. Built three years ago, ownership of Yareal’s investment will be transferred to...
Bulgaria’s investment and industrial sectors show resilience
Activity on the Bulgarian real estate market has been strongly affected by the Covid-19 crisis, however, the investment and industrial sectors, which registered both an increase during the last...
Cromwell grows real estate platform as CEREIT completes €113 million logistics acquisition
Real estate investor and manager Cromwell Property Group (Cromwell) has, on behalf of Cromwell European REIT (CEREIT), completed the acquisition of a portfolio of 11 logistics and light industrial...
Are Poland’s leisure hotels pandemic-proof?
According to analyses by JLL, when the lifting of pandemic restrictions for the economy was announced for February 12, hotels were inundated with new bookings and in far higher...
Heimstaden buys residential portfolio in Plzeň
Swedish company Heimstaden, the third-largest provider of rental housing in Europe, continues its investments in housing in the Czech Republic. The company, which bought Residomo with 42,500 apartments mainly...
Horizon posts records sales for 2020 of CZK 2.7 billion
The Horizon development group has a record year, despite the uncertainty and difficult conditions caused by the COVID-19 pandemic. In 2020, the company’s total revenue from the sale of...
Passerinvest Group sells Ostrava building to local investor
Passerinvest Group has sold the Nová Karolina Park office building in the centre of Ostrava. The new owner is a locally based investment group RT TORAX Group. “In accordance...
Trei Real Estate increases development volume to €1.2 billion
Trei Real Estate’s development portfolio grew by 33 percent to €1.2 billion in 2020 from €900 million in 2019. The sum total breaks down into €1.0 billion in residential...
2021 will see the stars align for sale and leaseback transactions says Savills
Sale and leaseback transactions (S&LB) in Europe reached a total of €8.4 billion in 2020, 8.5 percent higher than the five-year average, with the trend set to continue into...
