Quinn Holdings Sweden AB Takes Control of Univermag Ukraine in Kiev
17-04-08, 7:19, (Property Xpress) - Swedish firm Quinn Holdings Sweden AB has purchased a 92.75 pct stake in Univermag Ukraine (Ukraine Mall), earlier controlled by Quinn ...   read more

Orco Property Group Ready to Take over HTP Solta
16-04-08, 15:07, (Property Xpress) - Luxembourg-based investment company Orco Property Group intends to acquire hotel resort company HTP Solta this year. Talks and due ...   read more

Residential Complex Planned near Feofania Park in Kiev
16-04-08, 15:02, (Property Xpress) - Hydroeng-bud Company intends to build a residential micro quarter on a 30 ha plot on Meteorological Street near the Feofania Park in ...   read more

Synergy Construct to Start Development Activities
16-04-08, 13:35, (Property Xpress) - Romanian construction player Synergy Construct aims to enter the property development market through a residential and an office ...   read more

World Trade Center Project under Way in Kiev
16-04-08, 12:46, (Property Xpress) - World Trade Center complex, a premium class business park, will be developed in the densely populated Shevchenko zone of the Ukrainian ...   read more

Bucharest Officials Approve Transport Master Plan
16-04-08, 12:01, (Property Xpress) - The General Council of the City of Bucharest (CGMB) yesterday approved the Urban Transport Master Plan, which is expected to improve ...   read more

Capella Companies Group to Open in Bulgaria
16-04-08, 10:30, (Property Xpress) - Capella Companies Group, a British – Danish company, will open on May 22 in Varna, Bulgaria, their first nearly 1,000 sq. m children ...   read more

Brigadier Palace Involved in Mixed-use Project in Bucharest
16-04-08, 10:00, (Property Xpress) - Brigadier Palace (Palatul Bragadiru), an important historical building in Bucharest, will be involved in a EUR 130 to150 mln ...   read more

Two Malls for Targoviste, Romania
16-04-08, 9:12, (Property Xpress) - Two more shopping and entertainment complexes will be developed in Romania by an international and local developer. The future shopping ...   read more

Chinese Company Wins Reconstruction Contract for Olympic NSC in Kiev
16-04-08, 7:56, (Property Xpress) - Chinese company Archasia Design Group limited has been selected to conduct the planned reconstruction of the Olympic National Sports ...   read more

Apolodor to Fund Octopus Garden Project in Bucharest
16-04-08, 7:11, (Property Xpress) - Apolodor Company has announced its intention to allocate EUR 20 mln for Octopus Garden, a residential ensemble, situated near prime ...   read more

Raiffeisen Bank Grants Loan for Large-Scale Project in the Balkans
15-04-08, 17:00, (Property Xpress) - Raiffeisen Bank will provide financing for construction of a large-scale project in the Balkans. The bank will support a EUR 250 mln ...   read more

Romanian Bermo to Sell Three Residential Projects
15-04-08, 16:36, (Property Xpress) - Romanian developer Bermo Group Arad aims to gain over EUR 13 mln revenues in 2008, a EUR 2 mln rise compared to 2007, through the sale ...   read more

New Mall Planned for Northern Bulgaria
15-04-08, 15:08, (Property Xpress) - Construction work will start in Northern Bulgaria on a new shopping and entertainment center with the support of a foreign investor, ...   read more

IKEA to Develop Mall in Dnepropetrovsk, Ukraine
15-04-08, 14:57, (Property Xpress) - Swedish business IKEA intends to fund construction of a USD 250 mln shopping and entertainment center in Dnepropetrovsk, Ukraine. The ...   read more

Construction of Eight Industrial Parks Starts in Bulgaria
15-04-08, 14:08, (Property Xpress) - End this summer, construction on five of all eight industrial parks will start across the country, funded by Investra Jsc. The investor ...   read more

Engrotus Supermarket Opens in Serbia
15-04-08, 13:18, (Property Xpress) - Celje-based retailer Engrotus will open a supermarket tomorrow in Sombor in Serbian province Vojvodina. Early this May, the company ...   read more

Strong Competition Expected in Ukrainian DIY Segment
15-04-08, 12:36, (Property Xpress) - Presently, two large DIY chains, Epicenter–K and New Line, operate in the Ukrainian market. Smaller chains, such as Oldi, Taco and ...   read more

Concefa Sibiu to Fund Residential Project in Romania
15-04-08, 11:44, (Property Xpress) - At their general meeting of April 11, 2008, shareholders of Concefa Sibiu approved a EUR 28 mln real estate development with 400 ...   read more

Doverie Brico to Extend to Serbia and Macedonia
15-04-08, 10:44, (Property Xpress) - Bulgaria-based Doverie Brico, the franchisee of French DIY retailer Mr. Bricolage for Bulgaria, Serbia and Macedonia, has announced its ...   read more

Hypo RE Grants Loan to CEIF
15-04-08, 10:22, (Property Xpress) - Hypo Real Estate Bank International is ready to grant a EUR 225 mln loan to refinance the entire real estate portfolio of Central ...   read more

RomReal Starts Construction on Two Residential Projects in Romania
15-04-08, 9:31, (Property Xpress) - RomReal started construction work today on its next two developments, called Corallia and Central apartment complexes, situated in the ...   read more

Kardan Preparing Merger with GTC Subsidiary
15-04-08, 8:44, (Property Xpress) - The board of Kardan NV is preparing the take over of GTC subsidiary Global Trade Centre Real Estate NV. Kardan noted that such a merger ...   read more

Turkish Firms to Build Residential Projects in Romania
15-04-08, 8:01, (Property Xpress) - Turkish construction companies are building luxury apartments in Romania for nearly EUR 1.04 bln. An approximately EUR 650 mln ...   read more

Russian Company to Build Four-star Hotel in Sofia
15-04-08, 7:12, (Property Xpress) - A Russian hotel investor and operator will build a four-star accommodation facility, including 284 rooms in the Bulgarian capital city. ...   read more