07-08-08 23:45 GMT
News by region

Starwood Hotels in Talks to Enter Romania
The American company Starwood Hotels & Resort Worldwide Inc, one of the largest hotel chains in the world, is about to enter Romania, starting with Bu...
Carrefour to Launch First Bucharest Downtown Unit Tomorrow
Tomorrow, Carrefour Romania will launch its fifth outlet in Bucharest and the eighth in the country. This is the first store in the capital's center, ...
Bulgarian Pazardzhik Municipality to Sell 0.6 ha Plot
A municipal parcel of 0.612 ha, located at the entry to Pazardzhik from Plovdiv, will be auctioned because of interest from big retail chains like Lid...
Third BAEF Property Fund Raises EUR 7 mln from Bond Round
The initial capital increase of ERG Capital III, the third special purpose vehicle company established by Bulgarian American Enterprise Fund, has fini...
Dragon Ukrainian Properties Acquires Share in Henryland Limited
Dragon Ukrainian Properties & Development Plc (DUPD), an AIM-quoted company concentrating on the Ukrainian real estate market, announced the acquisiti...
EIB Lends EUR 200 mln for Ukrainian Road Rehabilitation
The European Investment Bank (EIB) has granted a EUR 200 mln loan to Ukraine for the M-06 road renewal. The road links Ukraine to EU countries of Hung...
Two Mixed-Use Projects Planned in Kiev
Kiev City Council has leased parcels for construction of residential, office and social public units on the 4, Meteorology Street in the Goloseevsk se...
Romreal to Develop Residential Projects in Constanta and Bucharest
The Bermuda-based Romreal Ltd plans to develop a residential project named Oasis on a 27,000 sq. m plot lakeside on Siutghiol Lake in Constanta Nord w...
Lewis Charles Romania to Float on LSE
Lewis Charles Romania Property Fund Ltd announced plans to float on the Alternative Investment Market on August 2 with an expected market capitalisati...
Another Golf Course for Dolna Banya
Golf Club Ibar will invest EUR 50 mln in a new golf complex in Dolna Banya. The ensemble will be built close to the Country Golf Club & Spa in Dolna B...
Carriage Producing Plant to Build Housing Quarter in Dnepropetrovsk
Carriage producing plant Dneprovagonoemstroy intends to build a residential micro quarter on a 22 ha plot in the city of Denepropetrovsk, Ukrainian Ne...
Greek Eurobank Properties Acquires Serbian Reco
Greece's Eurobank Properties announced it acquired 100 pct Serbia-based Reco Real Property AD for EUR 22.63 mln. Reco Real Property is owner of an 11-...
Artem Plus Plans Kharkov Office Center
Kharkov-headquartered company Artem Plus Ltd intends to invest in a commercial and office center on 36, Ivanova Street in the city, the company’s so...
Caja Madrid and GED Establish Real Estate Vehicle for Bulgaria and Romania
On July 24, Caja Madrid and the risk capital management company GED established GED Real Estate Eastern Investments (GED REEI) with an initial capital...
PTA Opens First Ukrainian Unit
Estonian fashion company PTA Grupp AS recently announced the opening of its first Ukrainian unit in Kiev, located in the shopping center Ukraina. The ...
TMM Expects 422 pct Growth for 2007 Second Half
TMM, one of Ukraine’s largest construction and development companies, intends to commission at least five residential projects by the second half of...
First Phase of Pudillya Bazaar Finished in Ukraine
On a 57.29 ha plot, Vienna-based Metis Holding AG, in a joint venture with a Ukrainian developer, is building a new bazaar project, namely the commerc...
R-Quadrat Strengthens Ukrainian Presence
The Austrian developer R-Quadrat strengthens its presence on the Ukrainian market through participation in a 10-story office building project in downt...
AFI Europe Pays EUR 77.5 mln for Bucharest Lot
The Israeli real estate developer Africa Israel Europe (AFI Europe), a division of Africa Israel Investments, involved in the EUR 200 mln Cotroceni Pa...
Tiriac to Put EUR 0.9 bln in Real Estate Projects by 2010
Tiriac Real Estate intends to realize mixed-use projects with an investment value over EUR 900 mln by 2010, as independent developments in collaborati...
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