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Heitman Named Likely Buyer of City Center Sofia
June 20, 2008, 8:58, (Property Xpress) - The US-based investment fund Heitman is likely to become the new owner of the City Center Sofia shopping mall, ...   read more
Atlas Estates to Develop EUR 180 mln Residential Complex in Bucharest
June 20, 2008, 8:24, (Property Xpress) - Atlas Estate Limited, a closed-ended property fund incorporated in Guernsey and listed on the AIM market in ...   read more
EUR 11 mln for Ibis Hotel, Bucharest
June 20, 2008, 7:55, (Property Xpress) - A new Ibis hotel will be built in Bucharest, near the Sofitel hotel following a EUR 11 mln investment. ...   read more
Quality Living Developers to Penetrate Romanian Market
June 20, 2008, 7:48, (Property Xpress) - Having started eight development projects totaling EUR 340 mln in Romania, Greek Quality Living Developers ...   read more
INR Management to Develop EUR 50 mln Project in Snagov, Romania
June 19, 2008, 15:25, (Property Xpress) - INR Management, a Romanian real estate developer controlled by Dan Fisher, one of the richest people in the ...   read more
Two Power Plants Planned for Romania
June 19, 2008, 14:48, (Property Xpress) - Enel SpA announced the signing of a memorandum of understanding with E.ON Kraftwerke and Romanian ...   read more
Hercesa to Develop 12-Story Hotel in Downtown Bucharest
June 19, 2008, 14:30, (Property Xpress) - Hercesa International announced, it has acquired a 600 sq. m plot in downtown Bucharest, where it intends to ...   read more
Greek Developer to Complete Two Projects in Bulgaria This Year
June 19, 2008, 12:55, (Property Xpress) - A Greek property developer will complete this year two developments in Bulgarian cities of Plovdiv and Sofia, ...   read more
German Developer to Start Mixed-use Scheme in Cluj Napoca, Romania
June 19, 2008, 12:08, (Property Xpress) - A German real estate development company will start construction work next year on a mixed use scheme ...   read more
Lingerie Producer to Expand in Russia and CIS
June 19, 2008, 10:34, (Property Xpress) - An Amsterdam-based lingerie franchise aims to expand to Russia and CIS, through its franchising partner for ...   read more
Ukrainian Company to Reconstruct Olympic Stadium, Kiev
June 19, 2008, 10:09, (Property Xpress) - Taiwanese company Archaisa Design Group Ltd that won the tender to reconstruct Olympic stadium in Kiev ...   read more
Dedeman Takes Over the Management of Two Hotels in Bulgaria
June 19, 2008, 9:00, (Property Xpress) - At an official press conference held this week, Turkish Dedeman Tourism Investment announced the take over of ...   read more
Four Companies Express Interest in Velika Plaza Project, Montenegro
June 19, 2008, 8:27, (Property Xpress) - Four international companies have sent Expressions of Interest for realization of the Velika Plaza project in ...   read more
Dnipro Comfy to Enter Kiev Retail Market
June 19, 2008, 7:29, (Property Xpress) - Dnipro-based home appliances retail chain Comfy plans to enter the Kiev and Western Ukraine markets in 2009. ...   read more
Mixed-use Project Planned for Plovdiv, Bulgaria
June 18, 2008, 15:01, (Property Xpress) - A new mixed-use project including residential areas, commercial ground floor premises, offices, gardens, a ...   read more
Pevec Opens First Store in Macedonia
June 18, 2008, 13:49, (Property Xpress) - Yesterday, Croatian Pevec group, a local farming and landscaping tools retail chain, opened their first store ...   read more
Update: Green Light for Odessa's Dream Project
June 18, 2008, 13:02, (Property Xpress) - As Property Xpress earlier indicated, ‘Odessa's Dream’, a 123,000 sq. m residential and recreational ...   read more
Omilos Group Takes EUR 79.5 mln Syndicated Loan
June 18, 2008, 12:10, (Property Xpress) - Omilos Group has taken out a EUR 79.5 mln syndicated loan arranged by Banca Romaneasca, a National Bank of ...   read more
LEK-Regioni Expands in Ukraine
June 18, 2008, 10:46, (Property Xpress) - St. Petersburg-based LEK-Regioni has started their first housing project in Ukraine. The development, totaling ...   read more
GTC to Start Green Dream Project in Bucharest This Autumn
June 18, 2008, 10:03, (Property Xpress) - Globe Trade Center (GTC) Romania intends to start construction work on the 35,000 sq. m Green Dream ...   read more
CUUBUUS to Invest EUR 100 mln in Rousse, Bulgaria
June 18, 2008, 9:20, (Property Xpress) - At a press conference this week, the mayor of Rousse municipality, Bozhidar Yotov, and representative of the ...   read more
Kuwait’s Mena Real Estate Enters Bulgaria
June 18, 2008, 8:17, (Property Xpress) - Kuwait-based Mena Real Estate Co has signed a memorandum of understanding to establish a joint venture in ...   read more
EUR 150 mln for East European Property Investments
June 18, 2008, 7:53, (Property Xpress) - An independent real estate fund management group has announced it has raised EUR 150 mln of equity capital for ...   read more
Green Light for Yuzhniy Residential Neighborhood
June 18, 2008, 7:09, (Property Xpress) - On June, 9 this year, the architectural-planning assignment on the Yuzhniy residential neighborhood district ...   read more
Aurora Development to Implement Mixed-use Scheme in Chernivtsi, Ukraine
June 17, 2008, 15:41, (Property Xpress) - Kiev-based Aurora Development intends to reconstruct the central square Chernivtsi - Cathedral in the city of ...   read more



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