Gazit-Globe and Citibank JV Acquires Controlling Stake of MEL
24-03-08, 12:35, (Property Xpress) - Gazit-Globe Ltd and Citibank International Plc unit CPI Capital Partners Europe Ltd will take control of Vienna-listed property company ...   read more

Montenegrin Government to Establish Company in Resort Zone
24-03-08, 11:39, (Property Xpress) - The Government of Montenegro has adopted a decision on founding a company, whose main activity will include tourism and hotel industry, ...   read more

Velika Kishenya Raises Funds for Development via Private Placement
24-03-08, 10:58, (Property Xpress) - Davento Plc, the developer division of Velika Kishenya Group, has raised USD 77.8 mln, but not the USD 150 mln, as expected earlier via ...   read more

Crystal Business Center to be Build in Kiev
24-03-08, 9:55, (Property Xpress) - The USD 37.07 mln 17-story A-class Crystal business center will be situated on 4-4a, Rognedinskaya Street. The complex will have a ...   read more

Euro Holding Invest to Start Construction on Office Center in Kiev
24-03-08, 9:25, (Property Xpress) - A new A-class office center on 16, Glybochitzkaya Street in the Shevchenkovsk zone of the Ukrainian capital, will be started by ...   read more

New Mixed-use Complex for Kiev
24-03-08, 9:01, (Property Xpress) - Kiev-based developer intends to build a mixed-use complex totaling 517,000 sq. m at the intersection of Nadnepryansk road and the ...   read more

Terra Alliance to Build Office and Hotel Complex in Kiev
21-03-08, 14:39, (Property Xpress) - Kiev-based developer holding Terra Alliance intends to start construction work mid 2008 on the 250,000 sq. m IL Ponte office and hotel ...   read more

Eco Market Discloses Its Strategy in Ukraine
21-03-08, 14:01, (Property Xpress) - Kiev-based Eco Company, which owns the Eco Market foodstuffs chain, intends to conduct a private placing of 11 to 15 pct of its shares ...   read more

Construction on Milenium Center Starts in Sofia
21-03-08, 13:32, (Property Xpress) - Several days ago, the first phase of construction work on the Milenium Center project started in Sofia, Bulgaria, on a 0.8 ha plot, at ...   read more

Imotrust Announces Profit from Via Carmen Project in Romania
21-03-08, 13:02, (Property Xpress) - Real estate developer Imotrust Arad expects to realize a EUR 6.7 mln profit from the Via Carmen property project, to be built near ...   read more

First Liebrecht & Wood Outlet to Open in Romanian West Park
21-03-08, 12:45, (Property Xpress) - Liebrecht & Wood will open its first outlet in Romania in the West Park complex, following a nearly EUR 120 mln investment. The outlet ...   read more

Stefanel’s Expansion in Romania Depends on Large Mall Projects Success
21-03-08, 12:02, (Property Xpress) - Stefanel, the first international retailer to enter the Romanian garment market seventeen years ago, is focusing on this year's mall ...   read more

Israeli Plaza to Develop Mall in Kragujevac, Serbia
21-03-08, 11:02, (Property Xpress) - Israel's Plaza is ready to build a 80,000 sq. m mall in Kragujevac. Construction work is expected to start this July. The EUR 60 mln ...   read more

Poltava Announces Tender on Equipment of Roofed Skiing Complex
21-03-08, 10:18, (Property Xpress) - Poltava municipality has announced a tender on equipment of a mixed-use complex with permanent roofed skiing like in the Dubai resort ...   read more

NEST Sells Its Stake in Troitskyi Mall in Kiev
21-03-08, 9:49, (Property Xpress) - The incomplete Troitskyi Mall near the National Sports Complex Olympic in Kiev is now 100 pct controlled by Russian businessman Vadim ...   read more

Mengotti Opens First Store in Bucharest
21-03-08, 9:11, (Property Xpress) - The Italian Mengotti company has opened its first EUR 800,000 multibrand store in Bucharest. Romania is their first foreign country. ...   read more

RE Project Development to Build Mixed-use Complex on Ukraine Plant Site
21-03-08, 8:42, (Property Xpress) - RE Project Development intends to build a mixed-use office and residential complex on the site of Gas Device Plant in Kiev. Resource ...   read more

Best Western Becomes Largest Hotel Chain in Romania
21-03-08, 8:10, (Property Xpress) - Best Western aims to become the largest foreign hotel chain on the Romanian market, after the group integrates three hotels in Baia ...   read more

IMMOEAST Reports Rising Rent Levels and Profit Decline
20-03-08, 15:33, (Property Xpress) - Austrian property investor IMMOEAST, part of Immofinanz Group, had sold four properties or stakes in properties totaling EUR 200 mln so ...   read more

Bulgarian Government Approves Industrial Zone in Pernik
20-03-08, 14:45, (Property Xpress) - Bulgarian Ministry for Regional Development and Public Works has approved the project of the Pernik municipality on construction of an ...   read more

Hochtief Interested in Entering Bulgaria and Serbia
20-03-08, 14:16, (Property Xpress) - The German Hochtief AG will be more active in the real estate sector by using Vienna as basis for its SEE business. A EUR 100 mln ...   read more

Metro Cash and Carry Romania to Fund New Store Opening This Year
20-03-08, 13:54, (Property Xpress) - This year Metro Cash and Carry Romania will recommence expansion of its retail network and intends to open a EUR 15 to 20 mln ...   read more

Yacht Port to Be Built in Ravda, Bulgaria
20-03-08, 12:45, (Property Xpress) - A new yacht harbor for nearly 450 boats will be built in the Black Sea resort Ravda, Bulgaria, within 30 months. 50 pct of the yachts, ...   read more

Anchor Tenant Selected for Meinl Projects in Romania
20-03-08, 12:01, (Property Xpress) - Meinl European Land, which has acquired the Shopping Center Militari project, developed by the Belgian Liebrecht & Wood, will allocate ...   read more

Rating-1 to Build Mixed-use Complex in Kiev Goloseevsk Zone
20-03-08, 11:03, (Property Xpress) - Kiev-based construction company Rating-1 Ltd will be contractor of a new mixed-use complex wi underground parking on 54 Gorki Street in ...   read more