Carrefour Romania to Fund Re-branding Artima Supermarkets
14-03-08, 8:50, (Property Xpress) - Carrefour Romania will this year allocate EUR 6.3 mln for re-branding the chain of 21 Artima supermarkets taken over last year. Jacobo ...   read more

New Financial Vehicle Targets the Balkans
13-03-08, 14:09, (Property Xpress) - A European Union-based special purpose limited liability company will receive support from a Western European bank of international ...   read more

Rom Divers Auto Buys Plot for Industrial Area in Nadlac, Romania
13-03-08, 13:49, (Property Xpress) - Romanian-American Rom Divers Auto Company has purchased a 28 ha plot in the suburbs of Nadlac, Romania, where it intends to build an ...   read more

Realkapital and Cushman & Wakefield Residential Present CEE Residential Fund at MIPIM
13-03-08, 12:14, (Property Xpress) - Cushman & Wakefield Residential will be the strategic real estate partner for Norwegian-based Realkapital Partners’s new CEE ...   read more

Iulius Group to Inaugurate Its Fourth Mall in Romania
13-03-08, 11:28, (Property Xpress) - Real estate developer Iulius Group, which will add this year the fourth mall, that in Suceava, to its portfolio, expects to reach a ...   read more

Shareholders of FIM and Alef United to Develop FIM Activity
13-03-08, 9:12, (Property Xpress) - The shareholders of Kiev-based FIM Company Group and those of Dnepropetrovsk-based Alef Corporation have decided to unite their ...   read more

Kherson Administration to Develop Apartments in 2008
13-03-08, 9:00, (Property Xpress) - Kherson district administration has approved the complex program for development of residential construction in 2008, which foresees to ...   read more

Adama Convinces Morgan Stanley to Become Shareholder
13-03-08, 8:56, (Property Xpress) - Adama, a real estate development company, currently involved in developing 51 real estate projects totaling 2.5 mln sq. m in Ukraine, ...   read more

Etex Group to Build Plant in Bulgaria
12-03-08, 16:01, (Property Xpress) - Belgian company Etex Group intends to allocate more than EUR 100 mln to build a construction materials producing plant in Bulgaria. For ...   read more

Mixed-use Project Construction to Start in Vinitza, Ukraine
12-03-08, 14:59, (Property Xpress) - Construction work on a 16-story office, commercial and residential complex in Vinitza has been started by the local private company ...   read more

Greek Veropoulos to Start Super Vero 5 in Serbia
12-03-08, 13:34, (Property Xpress) - Greek Veropoulos has announced it will allocate EUR 20 mln for already approved projects in Serbia. Up to now, Veropulos has invested ...   read more

MPC Properties Starts Construction on Block 11 in Belgrade
12-03-08, 12:04, (Property Xpress) - Next month, MPC Properties will start construction of its residential project Block 11 in New Belgrade. The start was postponed for ...   read more

Morgan Stanley to Open Branch in Ukraine
12-03-08, 11:22, (Property Xpress) - In two weeks, American bank Morgan Stanley will officially open their branch in Ukraine, headed by Igor Mityukov, former Minister of ...   read more

Developers Fund Economy Class Hotels in Ukraine
12-03-08, 10:44, (Property Xpress) - The boom of five-star hotels in Ukraine is because investors want a quick return in the shortest period of time, while competition has ...   read more

Foreign Investors to Stay in Subotica, Serbia
12-03-08, 9:49, (Property Xpress) - Dusko Guslov, city manager of the Serbian city of Subotica, said foreign investors do not intend to abandon the city because of the ...   read more

Casa Noastra Funds Plant Extension near Craiova, Romania
12-03-08, 9:17, (Property Xpress) - PVC windows and thermo insulation systems producer Casa Noastra will allocate EUR 45 mln for extension of its plant near Craiova. They ...   read more

New EUR 150 mln Fund Set for SEE Property Markets
11-03-08, 17:53, (Property Xpress) - A new Jersey incorporated, closed-end real estate fund is to be established for investments in emerging markets including Romania, ...   read more

Engel East Europe Reports Results for 2007
11-03-08, 16:44, (Property Xpress) - Engel East Europe N.V., AIM-listed Central and Eastern European residential property developer today announced its results for the year ...   read more

Natura Residence Project in Baneasa Contracted in 75 pct Proportion
11-03-08, 15:29, (Property Xpress) - 98 apartments in the first phase in the Natura Residence project in Baneasa have been contracted in total, while 88 apartments of the ...   read more

Egyptian Company Buys Plot for Hotel Complex in Budva, Serbia
11-03-08, 14:51, (Property Xpress) - An Egyptian hotel corporation has purchased a 12 ha plot on Kosljun hill near Budva, where to build a hotel complex. The Orascom Hotels ...   read more

Light Cinemas to Open in Romania
11-03-08, 14:35, (Property Xpress) - U.K.-based Light is ready to launch its ultra-modern concept in two Romanian sites in November, the company announced yesterday. ...   read more

Kiev Council Approves Office Complex in Dneprovsk Zone
11-03-08, 13:37, (Property Xpress) - The Kiev Planning Council has approved the plans for construction of an office complex with apartments and underground parking on ...   read more

Terra Alliance to Develop Alta City in Borispol, Ukraine
11-03-08, 13:02, (Property Xpress) - By the end of 2010, Kiev-based developer holding Terra Alliance intends to build a mixed-use complex “Alta City” totaling 70,350 ...   read more

Construction of USD 690 mln Mall Development to Start This Year
11-03-08, 12:47, (Property Xpress) - As revealed in the 19th MIPIM edition, construction work on a USD 691 mln retail and leisure scheme in Northern Bucharest will start by ...   read more

Hapoalim Gets Approval for Bank Acquisition in Ukraine
11-03-08, 11:57, (Property Xpress) - The Antimonopoly Committee of Ukraine (AMKU) has allowed the purchase of 75.4 pct of Kiev-based OJSC Ukrainian Innovation Bank ...   read more