Business Immo, the real estate website

Chaim Katzman

Founder - Chief Executive Officer

Listed

Recent M&A activity seen unlikely to signal a wave of take-private deals

Despite European listed real estate trading predominantly at discounts to NAV, recent renewed M&A activity is unlikely to signal a wave of take-private deals, (...)

Listed

ICAMAP protests Gazit Globe's takeover of Atrium European, saying far undervalues firm

Investment manager ICAMAP has written to stakeholders in listed CEE retail group Atrium, saying the take-private moves of major shareholder Gazit Globe far undervalue the firm. The (...)

Listed

Henderson Park's €1.34bn Irish Green REIT buy is latest Euro public-to-private deal

In Europe's newest public-to-private real estate deal, UK's Henderson Park this month won a bid for Ireland's Green REIT at €1.34bn, reportedly beating out (...)

Listed

Gazit in €565m offer for CEE-focused Atrium European affiliate

The US and Israel-based Gazit Globe is restructuring ownership of CEE retail affiliate Atrium European Real Estate, in a €565m offer via a Dutch (...)

Listed

Gazit Globe’s Citycon sells NREP two Finnish malls for €77m

Helsinki-based Citycon, part of the Gazit Globe group, has signed an agreement to sell two shopping centres in Finland for €77m to Nordic real (...)

Listed

Atrium sells two Polish shopping centres to Germany's ECE for €298m

Listed retail group Atrium has agreed to sell two Polish shopping centres to Germany's ECE for €298m, representing around 3% premium to book value. The (...)

Listed

Atrium European earnings fall 9.3% to €111m after refocus on Poland, Czech

East European retail specialist Atrium European reported a 9.3% fall in 2018 EPRA earnings to €110.8m, and said it is now focused on higher-quality (...)

Finance

Atrium wins €170m refinancing for Polish Wars Sawa purchase

East European retail specialist Atrium European has won a €170m secured loan from German lender Helaba to refinance its €301.5m Wars Sawa Junior purchase in the (...)

Retail

Gazit's Atrium pays €301m for Warsaw's downtown Wars Sawa Junior mall

Atrium European Real Estate, a Jersey-based affiliate of the Gazit Globe group, has agreed to acquire Wars Sawa Junior, a prime retail asset in (...)

Retail

Gazit's Atrium sells last Romania mall for €95m; also exits Hungary

Atrium European Real Estate, controlled by Israel's Gazit Globe, has sold its last asset in Romania, a shopping centre in capital Bucharest for €95m. (...)