04-07-08 02:42 GMT
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Real Romania to Extend Its Network
The investment program of Real Hypermarket Romania registered a EUR 366 mln turnover last year, a four times increase compared to 2006. This year they...
Wienerberger Predicts Construction Growth in the CEE
Wienerberger, the Austrian brick producer, this year is to allocate over EUR 600 mln, of which EUR 100 mln for maintenance capex; EUR 400 mln for bolt...
IMMOEAST and IMMOFINANZ to Acquire Property Division of Constantia Privatbank
IMMOEAST and its majority shareholder IMMOFINANZ, listed in the Prime Market segment on the Vienna stock exchange, will jointly take over the real est...
Phase Two of Vitantis Shopping Center Opens Tomorrow in Romania
The second phase of the Vitantis Shopping Center will be inaugurated tomorrow. The 11,250 sq. m usable space of the complex has been 100 pct leased. T...
Unirea Shopping Center Raises EUR 19.3 Rent Revenues
Unirea Shopping Center (SCDM), controlled by Dan and Carmen Adamescu through Nova Trade with a 71.8 pct share, last year registered EUR 19.3 mln rent ...
Kuwait-Based Company Eyes Hotel and Vacation Projects in Bulgaria
A strategic holding, operating together with InterContinental, Four Seasons and Hyatt International, is entering the Bulgarian real estate market. Kuw...
Philip Morris to Open Warehouses in Kharkov
Spetz Stroy Montage, part of Kharkov-based Avantazh Corporation and the general contractor of warehouses for Philip Morris Ukraine intends to complete...
Mixed-use Complex Planned for Veliko Tarnovo, Bulgaria
A public servicing center will be developed on the 0.8 ha site of the existing pharmacy department building in Veliko Tarnovo, Bulgaria’s former cap...
Konsing Group Opens Business Center in Serbia
Kameron Manter, the US ambassador in Belgrade, and Zdenko Lekan, General Director of Konsing Group, opened a USD ten mln business building of the US-S...
Voestalpine Ready to Pay for Land in Romania
Austrian Voestalpine steel producer might agree to allocate more funds for land in Romania than similar acquisitions in Turkey, Bulgaria and Ukraine, ...
Bulgarian Marcam Opens First Store in Romania
Rousse-based garments retailer Marcam Fashion has opened its first franchise store in Romania. The newly opened outlet is in the Grand Hotel Rin, the ...
Split-based Fonem to Develop 50-story Skyscraper
Split-based Fonem Group has announced it intends to build Croatia’s highest skyscraper in Zagreb. Officials in Zagreb last week confirmed a progra...
Danubius and MK Komerc Compete for Thermal Resort in Montenegro
Tender documentation for sale of Simo Milosevic Institute was bought by the Hungarian hotel chain Danubius and Serbian MK Group, controlled by Miodrag...
Costa Coffee Opens in Montenegro
Costa Coffee today opened their first coffee shop in Montenegro. The outlet is located in the old town of Budva. Serbian Delta holds the franchise rig...
Mixed-use Project Planned on Tractorul Site in Brasov, Romania
Flavus Investitii Company, the fund which acquired the assets of Tractorul via auction, has announced it will build one of the biggest real estate pro...
EBP Announces Investment Strategy and Annual Report
Equest Balkan Properties plc (EBP) has announced that its annual report and accounts for the year ended December 31, 2007 together with the notice of ...
Intermarket Receives EUR 20 mln Loan from Ukrsotzbank in Ukraine
Lvov-based Intermarket Company, investor in the Leopolis shopping and entertainment center, has received a USD 20 mln loan from the local branch of Ki...
Construction on Gated Residential Complex to Start in Sliven, Bulgaria
Construction work on a EUR 50 mln gated residential complex will start in Sliven, Bulgaria, by the end of 2008. The future complex, on the site of the...
Argo Real Estate Announces Results to March 2008
Argo Real Estate Opportunities Fund Limited, a closed-ended investment company for investing primarily in the commercial property markets of the CEE, ...
NBGP Properties to Manage Continental Hotel in Belgrade, Serbia
NBGP Properties Company, controlled by Delta Holding, has announced it will be in charge of the management of Belgrade-based Continental hotel. This i...
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