07-08-08 23:36 GMT
70 pct of Romanian Craiova Mall Contracted off Plan
Craiova Mall, scheduled for completion in 2009 and owned by the Portuguese company Sonae Sierra, has been contracted 70 pct off the plan by internatio...
Double W and Nest Plan Hotel Projects in Ukraine by 2010
Kiev-based companies Double W Ltd and Nedvizhimost Stolitsy (NEST) intend to implement five hotel projects in Ukraine by 2010, Vladimir Gorashtenko, P...
Hotels in Bulgarian Sunny Day Complex to Be Put on Sale
Sunny Day may sell several hotels and buildings in the resort complex, if the company’s shareholders approve the proposal at the general meeting sch...
Greek Panhol to Invest EUR 500 mln in Romania by 2012
Greek group Panhol Developments, the developer of a residential park near Cernica Lake and an industrial park in Bucharest, foresees EUR 500 mln inves...
GSO Edificia to Build Housing Quarter near Scrovistea Forest, Romania
Israeli-Romanian GSO Edificia is about to allocate EUR 80 to100 mln for development of a residential quarter with 550 flats, situated in 480 villas ne...
Cafe Aroma to Promote New Chain by First Store Opening in Romania
Israeli Aroma Espresso Bar Ltd. is launching a chain of cafes in Europe, to be operated under the brand Marrone Rosso. The first USD 2 mln cafe will b...
US Tower to Develop Residential Complex in Cluj
Tower, a company controlled by US capital, is going to develop a mixed-use ensemble in Cluj-Napoca, on Floresti road, where 475 apartments, a five-sta...
ITT Invest to Develop Mixed-use Complex in Kiev
Kiev-based investment company ITT Invest intends to allocate about USD 100 to120 mln for construction of a mixed-use complex in the Goloseevsk section...
Greek Marfin Takes Control of RKB
Greek investment holding company Marfin Investment Group (MIG) announced it has reached an agreement for purchasing a 66.6 pct stake in the Serbian sh...
Odessa Officials to Put Land on Auction Next Month
Land Resource Department of Odessa City Council will auction eleven land lots on November 23, for non-agricultural purpose, the Council’s press serv...
Kiev Officials to Put Plots on Auction
Kiev officials intend to put eight land lots on sale. According to preliminary estimations of experts, their initial value amounts to USD 306.8 mln. A...
Stolitza Corporation to Build Fitness Center and Aqua Park in Kiev
Stolitza Corporation, one of Ukraine’s largest investment and construction companies, will allocate EUR 28 to 37 mln in construction of a fitness ce...
CLH Turism SRL to Build a Spa Resort in Romania
CLH Turism SRL, controlled by Austrian shareholders, will develop a EUR 200 mln spa resort at the Romanian seaside, on a 10-ha plot of land between Co...
Housing Project Planned for Sandanski, Bulgaria
A new residential project is planned in the Bulgarian mountain resort Sandanski by a company known as a local investor in sea and mountain vacation vi...
Irish Town Development to Build Housing Complex in Ploiesti
Irish development real estate company Irish Town Development will allocate EUR 20 mln for a residential villa complex in the northern part of Ploiesti...
Arco Vara Increased Shareholding in Romanian Agency
Arco Real Estate AS, a subsidiary of Arco Vara, purchased from the second shareholder IPC Romania OÜ their stake in Arco Rumeenia Valduste OÜ. The l...
IKEA Buys Land in Kiev
IKEA, Swedish largest furniture retailer, has acquired a 20 ha land lot in the Ukrainian capital. According to market players the deal is estimated at...
Coandi Hotel in Arad to Be Sold
The sale of the three-star Coandi Hotel in Arad for EUR 11 mln, has been rejected, Alina Tabusca, PR expert at QCM Bucuresti, a real estate consultanc...
Impact Takes Loan to Fund Greenfield Project
Shareholders of the company Impact Bucuresti (IMP), a real estate developer, have approved contracting a EUR 26.3 mln loan from Banca Romaneasca, desi...
BPD Arranges New Properties Valuation
Bulgarian Property Developments PLC (BPD) has advised its shareholders to take no action in respect of their holdings by sending them a letter of Sept...
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