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2017-09-22  15:13
CIJ USA
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Deals

Amzak Capital acquires Naples townhomes for $67m

Amzak Capital Management, based in Boca Raton, has closed on the sale of the Amberton Luxury Townhomes in Naples for $67 million. The two story, 306 unit complex was built in 2007 on a 28 acre site at 8067 Dream Catcher Circle. Changing hands for just under $218,955 per unit, the property was 92 percent leased at the time of the purchase. Tyler Minix, Managing Director with Miami-base...
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2017-09-22  15:11
CIJ USA
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Company News

Easai Inc moving warehouse from Baltimore to...

The United States pharmaceutical subsidiary of Tokyo-based Eisai Co., Eisai Inc., has signed a new lease with St. John Properties. The 40,000 square foot full building lease at 11675 Crossroads Circle, is located within Greenleigh at Crossroads, a 550 acre mixed-use community in the White Marsh area of Baltimore County. The company plans to relocate approximately 55 employees from its...
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2017-09-22  15:08
CIJ USA
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Deals

Libra buys land in Argentina for resort...

A subsidiary of the Libra Group, Elandis, has purchased a 140,000 square foot tract of undeveloped land on the Estancia de Cafayate residential and sporting estate in the Salta region of northwest Argentina. The firm plans to build ten more two-bedroom residential villas to Elandis’s existing Grace Cafayate hotel and villas complex on the estate. The villas will be sold to private buy...
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2017-09-22  15:06
CIJ USA
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Appointments

C&W brings Pete Rogers on as director in...

Pete Rogers has joined Cushman & Wakefield has joined the firm as a director. Rogers brings more than 10 years of capital markets experience to his new role with expertise across all asset types and structures including joint ventures and recapitalizations. Rogers joins Cushman & Wakefield after three years at Eastdil Secured where he had served as a vice president in the firm...
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2017-09-22  11:51
CIJ Journal
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Company News

Prague rejects CPI highrise project in Ďáblice

The Prague Assembly rejected a highrise residential project CPI Reality was planning in Prague 8-Ďáblice. The Prague councilor for planning, Petra Kolínská, says that the project does not suit the urban concept of the Ďáblice neighborhood. Prague supports the local initiative and the Prague 8 municipality, which strongly criticized the developer’s plan to build several highrises in th...
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2017-09-22  11:13
CIJ Europe
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Deals

GSG secures €510m in refinancing from Berlin...

GSG Gewerbesiedlungs-Gesellschaft mbH secured a seven-year, €510m loan from Berlin Hyp to refinance its commercial real estate portfolio, which includes 41 properties in the German capital, totaling 770,000 sqm of leasable space and 5,600 parking spots. The loan will be used to refinance liabilities from funding provided by a syndicate of banks and an additional lender. Most of the as...
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2017-09-22  11:08
CIJ Journal
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Construction

Alphaville starts work on new resi complex...

Alphaville broke ground on a residential complex in Brasov. Going up on a site that used to house the Fartec Brasov factory, Alphaville Arena will feature 362 apartments in five housing blocks. The project will also include 365 parking spaces. Investment costs are estimated at €16m. The first phase of 137 apartments is scheduled for completion by the end of next year. The sit was orig...
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2017-09-22  10:53
CIJEurope.com
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Company News

Unibail Rodamco signs 6,000 sqm in leases at...

Unibail Rodamco signed 6,000 sqm in lease agreements at its Lumen and Skylight office schemes in Warsaw in the first six months of 2017. JLL brokered the deals on behalf of Unibail Rodamco. New tenants include ASB Poland, Goodman Poland, Dom Maklerski TMS Brokers S.A., Open Finance, Prologis, Regus, as well as companies from the energy, FMCG, and finance sectors. Savills was the agent...
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2017-09-22  10:49
CIJEurope.com
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Company News

DB Schenker to open IT center at Business...

Schenker Technology Center, a part of the DB Schenker Group, signed a lease for 2,100 sqm of office space at Business Garden Warsaw. This newly created unit will provide IT services to the group’s companies within Europe as well as certain parts of Asia and Africa. “The choice of Business Garden as the location of the IT center was well considered. We were looking for a project which ...
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2017-09-22  10:33
CIJEurope.com
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Company News

Lingaro signs lease at Graffit office building

Lingaro, the global technology partner to industry leaders, has signed a lease agreement for more than 2,800 sqm of office space at the Graffit building, which is under development near the Wilanowska metro station in Warsaw. Lingaro was represented by CBRE Consulting during the negotiation process. Construction started in September 2016, with completion scheduled for the first half o...
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