Business Immo, the real estate website

Gazit Globe

Listed 20/09/2019

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 03/09/2019

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 26/08/2019

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 23/07/2019

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 14/06/2019

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 13/05/2019

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 04/03/2019

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 06/12/2018

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 28/08/2018

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 09/07/2018

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. (...)