07-08-08 23:00 GMT
News by region

1849 Plc to Start Acquisition Campaign in Ukraine
1849 Plc is a British-based property company, recently set up to invest in Ukraine and intends to allocate USD 250 mln for real estate properties in t...
Estonian Arco Vara to Start Manastirski Project in Sofia
Estonian Arco Vara has already started developing the Madrid Project in Sofia, and will soon start implementing its second development in Bulgaria, Ma...
ICD Investments Opens First Miriada Center
ICD Investments, an investment and developer company, has opened its new Miriada commercial center in Ukrainian city of Dnepropetrovsk. The complex wi...
Praktiker Opens First Ukrainian Hypermarket in Makeevka
Praktiker has allocated EUR 11.5 mln for opening its first Ukrainian construction materials hypermarket of 10,000 sq. m in Makeevka, Donetzk district....
First Varna-based Mall Opens Tomorrow
13 months after construction started, the first and presently only, mall in Varna will officially open tomorrow. His Excellency Michael Geier, the Ger...
Mixed-use Project Planned for Bacau, Romania
A new mixed-use scheme including a residential space of 47,000 sq. m and shopping and entertainment center with 30,000 sq. m of GLA has been planed fo...
First Phase of Berkovski Balkan Project Starts in Bulgaria
The first phase of the Berkovski Balkan project, which includes construction of a sports and tourist complex, has been started by establishing a share...
VK Development to Undertake Further IPO
VK Development, developer division of the Velyka Kyshenya Group, intends to start one more private placing of shares at the beginning of 2008 and to r...
Kiev Officials to Decide on Mirax Plaza in Three Weeks
Mirax Group will present its revised project Mirax Plaza, before the Kiev City Council on December 21, 2007. The complex is located on 43, Glubochitzk...
Crowne Plaza Registers Turnover Jump
Bucharest hotel Crowne Plaza, part of the portfolio of George Copos, posted a nearly EUR 9 mln turnover after the first ten months of 2007; a 6 pct gr...
BLD Starts Vacation Project in Borovetz, Bulgaria
Bulgarian Land Development (BLD), listed on the AIM market of the London Stock Exchange and focused on financing residential and vacation projects in ...
Green Light for XXI Century Virlytsia Mixed-use Project
XXI Century Investments, one of Ukraine's top real estate investment, development and property management companies, today announced it has been grant...
Sparkassen Immobilien Continues Focusing on Romania, Bulgaria and Ukraine
Attracted by higher yields, Austrian Sparkassen Immobilien, currently implementing a EUR 180 mln mall in Bucharest and a EUR 210 mln project in Sofia,...
Arabesque Plans Expansion in Moldova, Bulgaria and Serbia
Arabesque, Romania’s largest distributor of construction and finishing materials, has recently opened, as part of the company's regional expansion s...
PBW II Fund Final Closing Announced Today
AEWEurope/Curzon announced the final closing of its Central European fund, the PBWII Real Estate Fund, with at an equity raise of EUR 377 mln. PBW II ...
Commercial Complex Planned for Ukrainian Uzhgorod
In 2009, a commercial and entertainment complex totaling 16,380 sq. m will become operational. The project concept is now being prepared by Real Estat...
Austrian Group to Invest EUR 110 mln for Shopping Mall in Romania
А EUR 110 mln shopping and entertainment center with a 40,000 sq. m GLA, including 140 stores and a parking lot for 1,700 vehicles will be developed ...
Domo Co-founders Acquire 100 ha Plot in Bucharest
Romanian businessmen Lorand Szarvadi and Ferenc Hegedus, known as Domo founders, have allocated the capital from the sale of about 50 pct in the chain...
Goodman Establishes European Logistics Fund
Australian Goodman Group has merged its Celogix Property Fund with the Goodman European Logistics Fund (GELF) to establish one of the largest logistic...
Meinl European Land Reports Lease Revenues Growth in Romania
Real estate developer Meinl European Land has posted over 6 pct growth in lease revenues in Romania since the beginning of 2007. The company owns the ...
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