Business Immo, the real estate website

Hadley Dean

Chief Executive Officer

Marc Wainer

Non-executive director

Listed

Polish EPP's 1H net property income rises 8.5% to €72m, assets reach €2.5bn

Listed Polish retail property specialist EPP in first half 2019 boosted net property income by 8.5% to €71.8m, and increased its asset by 6% (...)

Retail

Warsaw's EPP closes tranche 2 of €692m M1 mall transaction for €224m

Warsaw-based EPP, which this week closed a co-financing of its office portfolio, has completed, for €224m, the second tranche of a €692m shopping centre (...)

Listed

UK's Henderson Park enters Poland via 70% stake in 11 EPP office assets

UK-based Henderson Park, best known for large hotel investments, has entered Poland with an office deal - taking a 70% stake in 11 buildings (...)

Listed

JSE-listed Polish EPP raises €90m in fresh equity in S.Africa

Johannesburg-listed Polish retail property firm EPP has raised €90m in fresh equity, which it aims to use to fund the second tranche of a (...)

Listed

Polish mall group EPP doubles 1H net profit to €79m

Polish listed shopping centre group EPP, formerly Echo Polska Properties, doubled first half net profit to €79.4m on the back of sharply higher operational (...)

Retail

Polish EPP enters Poznan, adding King Cross Marcelin mall for €91m

Polish listed retail investor EPP, the former Echo Polska Properties, has made its first acquisition in the city of Poznan, adding the 45,353 sqm (...)

Retail

Warsaw's EPP pays €91m for first mall in Poznan at 7.30% yield

Warsaw's listed EPP, formerly Echo Polska Properties, is acquiring its first asset in the western Polish city of Poznan, paying €91.1m for the King Cross Marcelin Shopping (...)

Listed

Poland mall specialist Echo Polska changes name to EPP

Polish listed shopping centre specialist Echo Polska Properties, following approval by its shareholders, is to shorten its name to EPP, emphasising that it is now (...)

Finance

Euro CRE investment slows sharply in first quarter after record 4Q - RCA

Investment in European commercial real estate slowed sharply in the first three months of 2018 after a record fourth quarter as investors reassessed pricing (...)

Office

JLL widens into listed RE capital advisory, also stressing S.African needs

Global property advisor JLL is extending its corporate finance advisory into the listed sector in Europe, placing some emphasis on advising South African firms interested in (...)

Retail

Listed Polish mall group EPP beats forecasts with 2017 net doubled to €77m

Listed Polish shopping centre group EPP grew net profit last year by 77% to €128m but its distributable earnings, after portfolio revaluation and other (...)

Retail

Poland's Griffin signs €1bn of 28 retail assets, earmarking 12 for Echo Polska

Poland's Griffin Real Estate, controlled by US funds Oaktree, PIMCO and South Africa's Redefine, has signed a deal reported earlier to acquire 28 domestic (...)

Office

Warsaw’s Griffin Premium RE eyes Polish office expansion after Globalworth entry

Warsaw-listed Griffin Premium RE is turning itself into a pure Polish office play ready to become a REIT if and when the law allows. US private (...)

Listed

Material news from the European listed universe: Unibail, Hypoport, Colonial

Ahead of third quarter results, which will be upon us starting this week, here are some selected actions and calls that are material to (...)

Retail

Echo Polska said on track to boost mall AUM with giant €621m buy

Warsaw’s Echo Polska Properties has reportedly made good on the intentions explained by CEO Hadley Dean to BIE recently – agreeing to pay €621m for a large shopping (...)