Panattoni, Marvipol selling Warsaw logistics park

Industrial Center 37, a joint venture established by developers Panattoni Europe and Marvipol, has signed a preliminary agreement for the sale of its Panattoni Park Warsaw logistics park near the Polish capital. The transaction, which has been signed with Shipston, is valued at €32.4 million and is ...

Marvipol will not buy Soho Development shares

Warsaw Stock Exchange-listed developers Marvipol and Soho Development have announced they have broken off negotiations regarding the acquisition by Marvipol of a major package of Soho shares, citing lack of agreement on the price and the other key terms of the transaction as the main reason. Marvipo...

Locked content Marvipol hopes to split its business in H2 2017

WSE-listed Marvipol hopes to finalize the group split into two separate listed entities in H2 2017, company’s CEO Mariusz Książek said. Firm plans to divide its business into two groups, real estate one – Marvipol Development and the automotive one – British Automotive Holding. “I hope that by...

Marvipol acquires prime residential site in Warsaw

Warsaw Stock Exchange-listed developer Marvipol has signed a conditional agreement for the purchase of 6,000 sqm of land located on ul. Grzybowska in the quickly developing Wola district of the Polish capital where it plans to develop an upper-standard residential project with approximately 440 apar...

Marvipol sees increased apartment sales

Warsaw Stock Exchange-listed developer Marvipol sold 627 apartments last year, which marks a 4.5 percent increase on the number of housing units the company offloaded in 2015. According to the management board, the developer should further improve its apartment sales this year. At the end of Decembe...

Marvipol will not acquire mLocum from mBank

Developer Marvipol and lender mBank have jointly decided to end negotiations regarding the acquisition of mLocum, a residential development company belonging to the mBank Group, citing the lack of agreement on the final structure and price of the planned transaction as the reason. The management boa...

Credit Suisse buys Prosta Tower offices in Warsaw

Developer Marvipol has confirmed that its Prosta Tower office building in Warsaw has been acquired by investor Credit Suisse Asset Management Immobilien for €26.8 million. In mid-November, the company informed about the signing of a preliminary agreement for the sale of the property with “an interna...

Marvipol to sell Prosta Tower in Warsaw

Developer Marvipol has signed a preliminary agreement with an international investment fund regarding the sale of its Prosta Tower office building in Warsaw. The transaction, which is expected to be finalized in January next year, is valued at €26.7 million. Completed in 2011, the Prosta Tower build...

Panattoni Park Warsaw to change hands

Industrial Center 37, a joint venture set up by developers Marvipol and Panattoni Europe, has signed a letter of intent with an international investment fund regarding the planned sale of the Panattoni Park Warsaw logistics center located near the Polish capital. According to Mariusz Książek, the pr...

Marvipol to acquire major site in Warsaw

A subsidiary of developer Marvipol has signed a preliminary agreement for the acquisition of the perpetual usufruct right to 0.6 hectares of development land located in the Wola district of Warsaw for €14.35 million. The buyer and the seller have agreed to sign a conditional agreement for the purcha...