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» Chronological View: " Central Europe " «

North Fish joins tenants of Ogrody Shopping Centre in Elbląg

North Fish, a restaurant chain specialising in fish and seafood dishes, is to open a new restaurant at the Ogrody Shopping Centre in Elbląg. The 75-square-metre restaurant will open its doors in spring. Cushman & Wakefield, the property manager of the scheme, has brought the tenant to Ogrody.
Wednesday, 17. January 2018

Investment volume on German logistics property market sets new record in 2017

The German logistics property market has set a new record this year, according to the latest analysis by Realogis. With several deals still expected to close before the end of this month, the Realogis investment team estimates that the final investment volume for this year will be up to €8 billion. The rise of 77.7% compared ...
Wednesday, 17. January 2018
Panattoni Europe appoints Karel Klecka as Director of Capital Markets

Panattoni Europe appoints Karel Klecka as Director of Capital Markets

Panattoni Europe develops its capital market structures. The team has been joined by Karel Klecka, who assumed the position of Director of Capital Markets Czech Republic and Slovakia. He will be responsible for ensuring the optimal cooperation between Panattoni and its capital partners and investors in logistics real estate i...
Tuesday, 16. January 2018

Berlin Hyp and Erste Group finance Immofinanz portfolio with €205m

Berlin Hyp and Erste Group Bank have jointly provided Immofinanz AG a five year secured loan in the amount of €205 million. The Syndicate is providing Immofinanz a “one stop” portfolio-refinancing for their office portfolio in Warsawa and is thus replacing seven existing, individual real estate loans. Agent for this transacti...
Tuesday, 16. January 2018
Alpha Industrial implements largest project development in years

Alpha Industrial implements largest project development in years

Alpha Industrial has concluded a long-term rental agreement with Robert Bosch GmbH for 40,000 sqm of newly constructed commercial space with an additional renewal option. The new business park is being constructed in Tamm (Ludwigsburg), a community in the Stuttgart region with good transport connections to the A81 motorway. A...
Tuesday, 16. January 2018

Mathias Dreyer strengthens institutional investor services at KanAm Grund

KanAm Grund Group has strengthened its institutional business segment with the recruitment of Mathias Dreyer. The 45-year-old banking specialist has become director in charge of the acquisition of investors and investor services, sales management for banks in Northern Germany and fund raising management at KanAm Grund Institu...
Tuesday, 16. January 2018
Union Investment acquires logistics property in Hanover

Union Investment acquires logistics property in Hanover

Union Investment has acquired a logistics property to the east of Hanover. Situated on Hägenstraße and let on long-term leases, the property consists of a new build and an existing unit and offers total rental space of 28,400 sq m. The new build was completed in summer 2017 and is let to Delticom, an online retailer of tyres,...
Tuesday, 16. January 2018

Silverton and 720° Restructuring & Advisory launch joint venture

The Silverton Group from Frankfurt and Vienna based 720°Restructuring & Advisory, have extended their collaboration with the launch of a new joint venture, Silverton720 Debt Solutions d.o.o., loan servicing company based in Zagreb. Under the leadership of 720°'s owner Stefan Selden, the new business is targeting international...
Tuesday, 16. January 2018

Pbb provides €41 million medium term credit facility to private investor

Pbb Deutsche Pfandbriefbank provided an investment facility of €41.4 million to companies owned by a professional private real estate investor and managed by Amesbury s.r.o. The funds will be used to refinance the Zlicin and Chrastany business parks near Prague. Thereby Pbb extended the maturity of its financing by another fi...
Tuesday, 16. January 2018
Cushman & Wakefield announces promotions in its office agency

Cushman & Wakefield announces promotions in its office agency

In November 2017 Cushman & Wakefield announced promotions to Associate in EMEA. In Poland, promotions were awarded to four office agency specialists: Piotr Capiga, Adam Schroeder, Marcin Siewierski and Pawel Strzemecki, following a rigorous scrutiny of their work performance, expertise and cooperation with clients.
Tuesday, 16. January 2018

Provider for the storage of non-food merchandise leases at Dortmund Airport

A provider for the storage of non-food merchandise, supported by Realogis, has leased 24,000 sqm of storage space at Dortmund Airport at Steinbrinkstrasse 61 in Dortmund-Wickede. The hall is managed by Westfalia Immobilienverwaltung GmbH. The property is conveniently located with a good connection to the A40 motorway.
Monday, 15. January 2018

Patrizia acquires pre-let care home development in Bad Camberg

Patrizia Immobilien has completed the forward purchase of a fully-let care home development in Bad Camberg from a subsidiary of the K&S Group on behalf of ‘Patrizia Pflege-Invest Deutschland I’. The development, which is due to begin in early 2018 for completion in 2019, has been pre-let to Cura Sana, an experienced care home...
Monday, 15. January 2018

Meyer Bergman's third European Retail Real Estate Fund closes its capital-raising

Meyer Bergman has secured €816 million of equity commitments from international institutional investors for its third fund and associated co-investment vehicles at the final close of capital-raising. Meyer Bergman European Retail Partners III (MBERP III) held its final close with commitments from 15 international pension fund...
Monday, 15. January 2018
Strabag PFS recruits Christian Ziemer to expand Facility Services

Strabag PFS recruits Christian Ziemer to expand Facility Services

Strabag Property and Facility Services GmbH is expanding its sales activities in technical facility management. Christian Ziemer joined the “Facility Services Germany” department on 15 January. A valuable addition to the team, the 44-year-old civil and industrial engineer will be working in a dual leadership role with Torsten...
Monday, 15. January 2018

Cofinimmo acquires two nursing and care homes for €26.5 million

The Cofinimmo Group recently acquired a nursing and care home and signed an agreement for the acquisition of a second asset of this kind, which is under construction, for a total amount of €26.5 million. The group's investments and commitments in healthcare real estate now total €94.5 million in 2017.
Monday, 15. January 2018

Union Investment sets milestones for growth in its real estate business

Union Investment exploited the positive economic conditions in the real estate markets over the past year to develop its open-ended real estate fund portfolios through targeted acquisitions and sales totalling some €3.8 billion. Real estate fund assets actively managed by Union Investment rose over the course of the year from...
Monday, 15. January 2018

German Office Market: Impressive new record take-up

In 2017 the take-up of office space exceeded 4.3 million sqm in the eight main German locations Berlin, Düsseldorf, Essen, Frankfurt, Hamburg, Cologne, Leipzig and Munich. The result not only beat the previous year's take-up by 16 %, but is also by far the best result ever recorded. This is revealed in the Office Market Repor...
Monday, 15. January 2018

Euromaster expands to location in Karlsruhe

Euromaster is expanding its presence in Germany. In a deal brokered by Realogis, Euromaster has concluded a medium-term lease for around 1,000 m² of hall space in the Grünwinkel commercial district in Karlsruhe. Euromaster will use the property unit for truck tyre service.
Friday, 12. January 2018