Locked content Rockcastle raises funds for acquisitions in Poland

South African Rockcastle has raised $90 million via bonds issue on September 1, the media reported. The funds will be earmarked for acquisitions of Polish shopping centers. Rockcastle will purchase Fabryka Wołomin, CH Pogoria and CH Karolinka, according to recent reports. In late August,Rockcastle s...

Locked content Orbis sells real estate worth PLN 14.3 mln

Hotel operator Orbis has signed a preliminary deal with Melior Investments to sell a property in Warsaw for PLN 14.3 million, the company announced. Orbis said the transaction is part of the company’s strategy to focus its activities on the hotel industry. Orbis hotels operate under brands own...

Locked content Atrium 2 with first tenant

International business law firm DLA Piper has signed a lease for ca. 4,000 sqm of office space in Atrium 2 scheme which is currently being developed by Skanska Property Poland, a press release read. The law firm is the building’s first tenant six months before its completion scheduled for Q1 2...

Locked content TomTom leases office in Orion Business Tower

TomTom has signed a lease agreement for ca 1,000 sqm of office space in the Orion Business Tower in Łódź. “This lease agreement is another good sign for the office market in Łódź. Tenants’ interest remains high – comparable to the excellent 2014 which saw gross take-up in Łódź finish on 45,700...

Locked content Eurocentrum office complex up for sale

In line with recent media reports, real estate developer Capital Park has put Eurocentrum office scheme on sale. The total book value of the investment stands at PLN 724 million. Eurocentrum features Alfa, Beta, Gamma and Delta buildings located in Warsaw on Aleje Jerozolimskie. Eurocentrum Beta and...

Locked content Warimpex closes sale of andel’s hotel in Berlin

In line with the announcement published in late July, Warimpex and UBM Development have sold andel’s hotel in Berlin to Union Investment Real Estate. The transaction value stands at €105 million. Andel’s is one of four conference hotels in Berlin. The conference facilities are spread over 3,80...

Locked content Riviera officially sold

Fonciere Euris and its subsidiary Rallye, have signed a deal with Union Investment Real Estate to sell the Riviera shopping center located in Gdynia for a value of €291 million. “The transaction will be concluded for a value of €291 million, to be potentially increased to a maximum of €300 mil...