Fiona J. Cooper’s Post

#Berlin: Empira buys #portfolio with 400 #apartments. The Empira Group has acquired a #residential and #commercial portfolio in Berlin with around 32,000 square meters of total rental space. The Swiss #investment manager Empira has completed the acquisition of six apartment buildings as well as residential and commercial properties in the Berlin districts of Neukölln, Kreuzberg and Wedding. The purchase was made through a subsidiary of the "Transition-to-Green Fund" managed by the Empira Group and includes around 400 residential and commercial units with a total rental area of around 32,000 square meters. The properties are located in highly sought-after locations in Berlin, but do not currently meet modern energy standards. In line with the fund's #strategy, Empira wants to comprehensively modernize the #buildings and adapt them to current energy requirements. The aim is to reduce #energy consumption and significantly improve the CO₂ balance of the properties through targeted energy #renovations. The implementation of these measures is to begin immediately. No information about the seller is provided in the company announcement. The financing of the purchase and the planned energy modernization measures was secured by Berlin Hyp AG and KfW loans.

What a time to be diving into investment land and projects sales for immo lab.re We already know that the value of transactions we’ve closed and will be closing this year hit 750 million PLN by the end of December. - Since January, we've taken part in the sale of investment land and projects worth 480 million PLN. - There are still ongoing transactions worth nearly 270 million PLN to be closed by end of 2024 - In less than 4.5 years of operation, our team has wrapped up land deals totaling over 1.2 million square meters and nearly 1.5 billion PLN of investment value. We’re focusing primarily on markets outside of Warsaw, which are very attractive to us due to the complexity and tough challenges they present. Just in the second half of this year, we closed a few transactions for a PRS/Living sector in Wrocław,Gdansk and Krakow, signed a preliminary sale agreement for historical five-star hotel , upscale ULIM project and entered into a letter of intent for a large logistics area. Negotiations with more investors are ongoing. The real estate market’s appetite for Polish land remains unsatisfied, and current investor activity makes us believe that another exciting year lies ahead. None of this would be possible without my teammates. Congratulations to Iwona Puchalska , Paweł Kucz ,Ryszard Kulczyk Maciej Wandzel Sergii Stoliarchuk , and Krzysztof Kaczor achieving such phenomenal results. #realestate #investments #investmentland #development #redevelopment #residential

Finanzwelt - Berlin’s housing market shows promising signs of improvement day by day, a trend noticed by both real estate agents and investment managers operating in the city. According to Einar Skjerven, Managing Director of Skjerven Group, who have been active in Berlin for 18 years and have overseen property transactions worth two billion euros since 2008, the market dynamics are driven by steadily increasing rental prices and declining purchase prices. To read the full article go to https://lnkd.in/dN-mCgmN #skjervengroup #skjervengrouprealestate #finanzwelt #berlinerwohnungsmarkt

Finanzwelt - Berlin’s housing market shows promising signs of improvement day by day, a trend noticed by both real estate agents and investment managers operating in the city. According to Einar Skjerven, Managing Director of Skjerven Group, who have been active in Berlin for 18 years and have overseen property transactions worth two billion euros since 2008, the market dynamics are driven by steadily increasing rental prices and declining purchase prices. To read the full article go to https://lnkd.in/d4xtbewr #skjervengroup #skjervengrouprealestate #finanzwelt #berlinerwohnungsmarkt

Interesting piece written by Mingtiandi - Asia real estate intelligence. CLAS’s diversified portfolio spanning key markets such as Australia, Japan, Singapore, Britain, and the US, positions it advantageously to leverage varying regional dynamics. The reported 25 percent rise in 2023 distribution and a fair-value gain of S$156 million further illustrate the trust’s strong operating performance and positive outlook. This acquisition reflects a broader trend in the real estate investment sector where strategic asset management and capital recycling are key to navigating economic uncertainties and achieving superior returns. Hospitality and PBSAs - exciting spaces to be kept abreast! Ready to power up your possibilities in the Built Industry? Follow Annexion Partners and stay updated on the latest opportunities in Property and Real Estate, Engineering and Construction, Interior Design and Architecture, and Built Technology. #annexionpartners #builtenvironment #poweringpossibilities #recruitment Ethan Tan, Kotomi Mori, Sloane Covey, Daniel Lim, Sharwn Gill, Philbert Anand, Asher T., Adam Cheok, Able Cheong, Eros Jezreel Ng, MBA, Sittie Aisah Nuska

🗣 What is the current situation on Ostrava’s real estate and development market? We put this question directly to a group of small and medium investors and developers (mainly from Ostrava) at a round table held to discuss key issues. 🎤 Held at the new offices of Clubco CZ in the IQ Ostrava building, the round table also included Hana Tichánková, Ostrava’s Deputy Mayor with responsibility for strategic development, and Jiří Hudec, the Head of the City’s Strategic Development Department. ➡ We wanted to get factual, practical information on Ostrava’s real estate market from the people who know it best – those who are involved in the market every day. Their point of view is hugely valuable to us. What interested us in particular? ◾ What is the current demand for apartments in Ostrava? ◾ Which apartments are in the most demand? ◾ Which locations do developers think are particularly lucrative? ◾ Why are some private investment projects currently stopped? ◾ What is the situation in other countries? ◾ What are the biggest obstacles to construction projects?   💡 Some answers surprised us, while others confirmed that our own perspective is correct. The discussion also focused on land owned by the City that is currently being offered for sale, as well as Ostrava’s new building regulations, which will be drafted this year. City representatives also presented projects that are currently at the planning stage: 👀 www.investinostrava.cz ➡ All the participants said that they were pleased with the City’s openness to discussion and that they want these round table sessions to continue in the future. ASSETLY Real Estate nemovisto Trimex Reality Ridera Stavební, a.s. SO.HOUSE DEVELOPMENT WOBAU | STAVBY | ATELIER Adéla Koudelová #development #ostrava #investinostrava

Andersen has advised the joint venture owned 50% by Avintia Inmobiliaria and Pecsa Real Estate, in the alliance, as well as in the granting of the right of superficies and the subsequent financing granted by Banco Santander, signed with Palatino Residencial, an alternative investment vehicle promoted by Bankinter Investment and managed by the developer Vía Agora, for the development of one of its affordable housing lots of the Madrid City Council, consisting of 452 homes. This lot includes 5 developments in Madrid city for 1, 2 and 3-bedroom homes, with common and leisure areas. The transaction will allow Palatino Residencial, once the works already started by the Grupo Avintia Real Estate – Pecsa Real Estate joint venture are completed, to operate the homes for 45 years. Javier Lacleta Michelena, Partner in the Real Estate area of Andersen, together with Claudia Martínez Niño, Associate in the same department, has been responsible for the advisory services. Read the article >> https://lnkd.in/d6vG_Xqs #IberianLawyer #legaladvisor #partership #housing

AEW acquires residential portfolio in #Frankfurt. AEW acquires seven properties with 255 units in Frankfurt am Main for a German core mandate and receives a new value-add mandate. The investment and asset manager AEW has purchased a #residential portfolio in Frankfurt am Main for a German core mandate. The portfolio consists of seven #properties with a total of 255 units in Nordend, Niederrad and Eschersheim. The seller is the Praemia REIM Group. Six of the seven properties have an occupancy rate of almost 100 percent, and another #building is still under #construction and is currently being completed. The portfolio also includes commercial and retail space with a tenant mix of restaurants, #retail and educational institutions. "This #transaction is a strategic opportunity to strengthen our presence in the residential sector with a high-quality portfolio in excellent locations in Frankfurt," commented Tobias Schnurer , Investment Executive Director at AEW. "Demand for housing in Frankfurt is high and will remain high in the long term due to the growing population. We are therefore convinced that this first-class portfolio will attract great interest from tenants in the long term." The company sees great potential in the German residential sector and wants to further expand its activities in this area. AEW was advised on the transaction by Gleiss Lutz, TA Europe and Nova Ambiente (part of Nova Group, GBC). P+P Pöllath + Partners acted for Praemia, among others.

I'm thrilled to share the exciting news about an exclusive, game-changing partnership between Pioneer Group, The Crown Estate, and Oxford Science Enterprises. This marks the start of a partnership that has a long-term ambition to invest up to £1.5 billion to support the UK’s science, technology and innovation sectors.   In our initial project together, we are transforming a former retail site in central Oxford into a state-of-the-art 100,000 sq ft innovation hub.    This development is in a unique city centre position in one of the fastest growing ecosystems in the world. The repurposing of an existing disused department store is a crucial step towards providing the high-quality infrastructure needed to support Oxford's thriving science, technology and innovation sectors.   This is a culmination of months of hard work to form a partnership with multiple colleagues, specialists and consultants involved. A huge thank you to everyone who worked tirelessly to forge this strategy. I am looking forward to potential further projects in Oxford with Oxford Science Enterprises, and across the UK with The Crown Estate.    It can not be understated how this was an enormous team effort, to name a few; some special thanks to my colleagues, members of the Oxford Science Enterprises and The Crown Estate team; Richard O'Boyle Toby Reid James Evans James Latham Tom Sheldon Pete Wilder Jim Wilkinson Alex Hammacher Matthew Weiner Geoff Ford Ben Brinded Matt Fitter. From a property perspective, it has been great being advised by Joe Wall at HampsonWall, Nick Stewart at STEERFORTH LIMITED, Sam Potts at Bidwells, Raj Deb & Daniel Parker at Perkins&Will, Greenberg Traurig, LLP, CMS & Simmons & Simmons on the legals and JLL on partnership advisory. It was also a pleasure to work with Savills and DTZ Investors on the other side of the deal. Exciting times ahead - watch this space! Explore Our Groundbreaking Partnership 👇 https://loom.ly/lyXQFtE #realestateinvestment #sciencesuperpower #humanhealth #planetaryhealth

Thursday, July 4 #Warsaw #Poland - Coffee with Craig Show daily CRE news covering the CEE/SEE/Baltics region with Craig Smith and Winston Norman For interviews and partnerships contact Craig Smith - [email protected] -- Publications 2024/5 - EuropaProperty Investment GUIDE – OCTOBER – EXPO REAL (Messe München) - EuropaProperty Retail Guide - November - MAPIC World 2025 - EuropaProperty Real Estate Guide - MIPIM --- EVENTS 2024/5 EuropaProperty Events –2024 October 15, CRE Awards (#Budapest) www.CREAwards.net October 29, CEE Investment Awards (#Warsaw) https://lnkd.in/eiBWSCY 2025 January 30, Retail Awards (#Warsaw) www.RetailAwards.eu April 3, SEE Real Estate Awards (#Bucharest) https://lnkd.in/dFcNGnM May 22 Baltic Real Estate Awards (#SOPOT) https://lnkd.in/dB6ytmkr -------------NEWS----------   - BPI Real Estate Poland, in partnership with Acteeum Central Europe Group, has sold a site in #Warsaw to #Romanian-#Belgian real estate developer SPEEDWELL Development. This marks Speedwell's entry into the Polish market, where they plan to develop their first student housing project. “We are pleased that the project will be developed by Speedwell, who shares similar values to ours: delivering the highest standard and strong commitment to sustainability which align perfectly with our mission as an 'Urban Shaper for Good,” added Béranger Dumont, General Manager at BPI Real Estate Poland.   - DLA Piper’s Prague office has advised Komerční banka on selling its subsidiary's historic building at Václavské náměstí 42 to the City of Prague for over CZK3.3 billion (€131 million). The transaction, completed on July 1, 2024, will see the city relocate several hundred officials into the building, which has undergone recent sensitive reconstruction. Komerční banka will remain a tenant until the end of 2026. DLA Piper's team was led by real estate practice head Michal Hink.   - Faedra Group has successfully raised €17 million through the Faedra II Real Estate Development Fund, managed by Faedra Fund Management Ltd. The capital will be used for industrial-logistics developments in #Hungary, following significant investor interest and maximum issuance subscription. Concorde Securities Ltd. handled the capital raising and distribution. Faedra Group, known for its industrial logistics and residential developments, plans to continue expanding in its existing asset classes and explore new opportunities. “This successful capital raising confirms the trust investors have in Faedra, which is based on competence, delivering previous yield promises, and outstanding yield potential. It also enables Faedra to strengthen its logistics branch, continue successful industrial-logistics development projects from recent years, and exploit identified opportunities in this asset class,” said Bence Boronkay, founder and CEO of Faedra Group.