KGAL acquires Charles Square Center in Prague
KGAL Investment Management GmbH & Co. KG has acquired the Charles Square Center in Prague, which includes offices, retail, restaurants and healthcare space, on behalf of a pan-European fund....
Category: Investment Market
Demand for Multifamily investment in Europe strong
Driven by large-scale mergers and acquisitions, European multifamily investment volumes in the 12 countries analysed reached approximately €92.3 billion in 2021, a 79 percent increase year-on-year and a 120...
BIG CEE acquires Delta City Mall in Montenegro for €95 million
BIG is expanding its operation in Eastern Europe and the Balkans by acquiring its first property in Montenegro: Delta City mall, located in the capital Podgorica. BIG Shopping Centers...
AFI Europe joins as co-investor of the Towarowa 22 project in Warsaw
AFI Europe, an international investment group, is to buy shares in the Towarowa 22 project in Warsaw. AFI Europe and Echo Investment will jointly develop the commercial part of...
Baltic investment property deals smash through €1 billion ceiling
The real estate market in the Baltic countries saw record activity in 2021, with the total value of commercial investment transactions doubling from the year before to €1.5 billion....
Forty Management secures €65 million loan for Bucharest project
Romanian developer Forty Management has secured a syndicated loan worth €65 million for a new mixed-use project in Bucharest. The company will start the development of Central District Lagoon...
Coral Office Park in Prague sold to Mint Investments
Savills announced that it has advised a fund managed by the Real Estate Group of Ares Management Corporation, a leading global alternative investment manager, and local partner Portland Trust,...
Busy year-end for Czech investment market
According to Savills latest report, the last quarter of 2021 was the busiest of the year for commercial real estate investment, with 30 closed transactions and a total volume...
Investment volumes in the Czech Republic fall in 2021
Colliers published a survey of the commercial real estate investment market for Q4 2021. It shows that the volume of investments fell for the second year in a row...
DRC Savills IM holds final close of its fourth Pan-European high yield debt fund
DRC Savills Investment Management (“DRC SIM”) has held the final close of its fourth fund in DRC SIM’s high yield debt strategy; European Real Estate Debt IV (“ERED IV”)....
REICO acquires Bořislavka Centrum from KKCG
The Česká Spořitelna Real Estate Fund (Nemovitostní fond České spořitelny) is buying the Bořislavka Centrum shopping and office complex from KKCG Real Estate Group. With the acquisition, the fund...
Revetas disposes of Vitantis shopping centre in Bucharest
Revetas Capital announced the disposal of Vitantis Shopping Center in Bucharest to Praktiker Real Estate Romania. The transaction marks the completion of the repositioning of the retail scheme into...
