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Update: Mirax Group Starts Mixed-use Project in Montenegro
July 11, 2008, 8:22, (Property Xpress) - Мontenegrin Ministry for Economic Development has approved the plan for the urbanization of Cape Zavala. ...   read more
Blitz-CineStar to Build Multiplexes in Croatia
July 11, 2008, 7:02, (Property Xpress) - Blitz-CineStar will allocate EUR 23 mln for construction and equipping five new multiplexes in Croatian ...   read more
German Retailers Expand in the SEE
July 11, 2008, 6:35, (Property Xpress) - Through its subsidiary Lidl Bulgaria EOOD, German retail chain Lidl has won a tender to sell municipal ...   read more
Grand Arena Mall Opening Announced in Bucharest
July 10, 2008, 15:21, (Property Xpress) - The shopping and entertainment center Grand Arena in Bucharest suburb Berceni will open at the end of this ...   read more
MKB Unionbank Provides EUR 55 mln for Grand Mall, Bulgaria
July 10, 2008, 13:57, (Property Xpress) - MKB Unionbank has provided a EUR 55 mln loan for construction of Grand Mall, the biggest shopping and ...   read more
Kiev Business Park Project to Sell 49 pct Stake
July 10, 2008, 12:50, (Property Xpress) - A Kiev-based development company has announced its intention to sell the 49 pct stake of its future business ...   read more
Tender on Summer Theatre Expected in Veliko Tarnovo, Bulgaria
July 10, 2008, 12:33, (Property Xpress) - The City Council of Veliko Tarnovo, Bulgaria’s former capital, will announce a new tender on renovation of ...   read more
Burger King to Enter Slovenia
July 10, 2008, 12:10, (Property Xpress) - Fast food chains Dairy Queen and Quick were already present on the Slovenian fast food market prior to ...   read more
Swiss Sophos to Manage Hotel Chain in Ukraine
July 10, 2008, 11:39, (Property Xpress) - Swiss-based Sophos Hotels S.A, active in the field of hotel expertise and management, as well as development ...   read more
Karavan to Open New Stores in Ukraine
July 10, 2008, 11:15, (Property Xpress) - Karavan Company, operator of the hypermarket chain under the same brand, intends to open 19 stores under the ...   read more
BLD Announces Change of Accounting Treatment
July 10, 2008, 10:30, (Property Xpress) - Auditors of Bulgarian Land Development plc (BLD) advised the company’s directors in mid-June 2008, just ...   read more
Immorent to Fund New Projects in Serbia
July 10, 2008, 9:41, (Property Xpress) - Immorent intends to allocate EUR 70 mln for Serbian projects by the end of 2008. The focus of the cooperation ...   read more
Smart Holding to Develop Luxury Flats in Bucharest, Romania
July 10, 2008, 7:59, (Property Xpress) - Smart Investments & Development, part of Smart Holding Group, intends to allocate EUR 80-100 mln over the ...   read more
Orco Group Buys Apartments in Croatia
July 10, 2008, 7:33, (Property Xpress) - Besides the acquisition of Hvar Island through Sunny Hvar, the largest local hotelier, Orco Property Group is ...   read more
Capcol Holdings Takes Control of Trust Kievgorstroy-2 in Ukraine
July 10, 2008, 7:18, (Property Xpress) - The Antimonopoly Committee of Ukraine (AMCU) has allowed Cyprian Capcol Holdings Ltd to acquire more than 50 ...   read more
EUR 70 mln Spent for Land Acquisitions in Romania
July 09, 2008, 15:31, (Property Xpress) - A leading European urban development company operating in 14 countries all over the world plans to allocate ...   read more
EUR 25 mln for Residential Project in Piatra Neamt, Romania
July 09, 2008, 14:28, (Property Xpress) - EUR 25 mln will be allocated for the Green Hills residential project, which includes 232 apartments in Piatra ...   read more
Five-Star Hotel Planned for Svilengrad, Bulgaria
July 09, 2008, 12:57, (Property Xpress) - A five-star hotel will be built by Turkish businessman Sudi Ozkan in Svilengrad, Bulgaria. The plot for the ...   read more
671 Hotels Operate in Croatia
July 09, 2008, 12:55, (Property Xpress) - 671 hotel and tourist complexes are operational in Croatia. The accommodation facilities have 67,596 rooms ...   read more
Business Center Planned on Sofia Hotel Site
July 09, 2008, 11:57, (Property Xpress) - Sofia-based Rila Hotel will be demolished, and a business center is expected to be developed in its place. The ...   read more
Mivan to Develop Another Two Projects in Romania
July 09, 2008, 11:54, (Property Xpress) - Irish Mivan Development, the developer of the Tiago Mall chain, intends to develop two projects, one retail ...   read more
Increase of Retail Chains Expected in Romania by 2010
July 09, 2008, 10:28, (Property Xpress) - Stakes of retail chains in Romania’s retail market are expected to rise to 50 pct by 2010, from 39 pct in ...   read more
Pernik Municipality in Talks with Possible Industrial Zone Developer
July 09, 2008, 10:11, (Property Xpress) - The municipality of Pernik, Bulgaria, is in negotiations with a South Korean company to involve it in the 26 ...   read more
Shopping and Office Center for Sale in Chernivtsiy, Ukraine
July 09, 2008, 9:27, (Property Xpress) - A three-story shopping and office center, on 30, I. Stasyuka Street in Chernivtsiy, Ukraine, will be sold at ...   read more
CEE Bank Sells Subsidiaries to Fund SEE Expansion
July 09, 2008, 8:39, (Property Xpress) - One of the leading Central and East European bank groups has announced its intention to sell some of its ...   read more



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