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Office 23/10/2019

Exxon pre-letting of GTC's Budapest office project highlights surging CEE demand

In a sign of surging demand for modern central European office space, Warsaw-listed GTC has pre-rented 95% of 29,000 sqm GLA in a Budapest (...)

Listed 20/06/2019

Paris-based Orion builds Spanish Neinor stake to second biggest 11%

Paris-based Orion Capital Managers has, with a stake of 11.1%, become the second largest shareholder in Spanish housing developer Neinor Homes just two months (...)

Logistics 09/04/2019

Spanish Neinor Homes CEO Velayos steps down after 60% share price slide

Spanish Neinor Homes CEO Velayos has stepped down in a move seemingly sparked by shareholders, including offshore fund Adar, following a 60% slide in (...)

Listed 04/03/2019

Spanish resi developer Neinor posts 2018 €46m net profit, demand strong

Spanish residential developer Neinor Homes reported net profit of €45.99m in 2018, turning round a 2017 loss of €25.93m, and said it continues to see strong (...)

Retail 18/09/2018

NEPI Rockcastle acquires Mammut malls in Budapest for €254m

NEPI Rockcastle, the merger of two South African REITs focused on central European retail property, has acquired the dual Mammut malls in Budapest for (...)

Listed 29/08/2018

With 1H FFO up 35%yy at €29m, Warsaw's GTC sees healthy CEE demand

Warsaw's listed commercial property developer and investor GTC boosted funds from operations 35%yy in the first half to €29m, and said healthy demand for (...)

Listed 24/07/2018

Spain's Neinor reports first profit in 2Q at €2.5m net, says home devs on track

Spanish listed residential developer and owner Neinor Homes reported its first profit in the second quarter, at net €2.5m and EBITDA of €5.3m, and said progress (...)