Locked content Atrium buys Focus Mall in Bydgoszcz for €122 mln

Atrium Real Estate has purchased Focus Mall in Bydgoszcz from Aviva Investors for €122 million. Consultancy CBRE advised the buyer said in the negotiations. “Investors are increasingly interested in regional commercial real estate markets, both large and smaller, recognizing their growing potential....

Locked content Poland third in CEE in planned shopping malls

Poland is the third country in the CEE region, after Russia and Turkey, in terms of shopping center space planned to be delivered between H2 2014 and 2015, according to a report by advisory Cushman & Wakefield. As much as 540,000 sqm of space will be added to the Polish retail market within shop...

Locked content Apartments for Rent fund buys its first property

The Apartments for Rent Fund, launched in Q1 2014 by state-owned lender BGK, has acquired its first apartment block, located in Poznań. The property contains 124 apartments of 23-72 sqm. The fund did not disclose the deal value, nor the rent levels for the units. The first tenants will be able to mo...

Locked content Prologis buys 50,000-sqm logistics scheme from Invesco

Prologis European Properties Fund II (“PEPF II”) has acquired a 50,000-sqm logistics facility from Invesco Real Estate. The value of the transaction has not been disclosed. The building is 100-percent leased to Castorama. The facility has been renamed as Prologis Park Stryków II. It is located 18 ki...

Locked content Ghelamco issues bonds for individual investors

Property developer Ghelamco has announced it would carry out at PLN 50 million bond issue directed to individual investors. It will be part of a broader issue program worth a total of PLN 250 million, the company said in a press release. The securities will have an interest based on the six-month WI...

Locked content Skanska launches new project in Kraków

Skanska Property Poland has launched its second office investment in Kraków, called Axis, which will offer its tenants some 20,000 sqm of modern office space. The project’s completion is scheduled for Q4 of 2016. The new building will feature nine floors and three underground levels with car park an...