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Chisinau Hotel Cosmos Sold for USD 5 mln
July 04, 2007, 14:41, (Property Xpress) - Owners of the 22-story Cosmos Hotel in Chisinau registered a USD 48,700 loss for the first quarter of 2007, ...   read more
Universal Properties REIT Buys 23,000 sq. m Lots in Gorni Lozen
July 04, 2007, 14:17, (Property Xpress) - The Universal Properties REIT acquired three sites totaling 23,000 sq. m in Gorni Lozen village, near Sadina, ...   read more
Altex Leases 15,000 sq. m in Cefin Logistic Park
July 04, 2007, 13:46, (Property Xpress) - Romanian largest electronics retailer Altex, has leased 15,000 sq. m warehousing area at Cefin Logistic Park, ...   read more
IKEA to Invest in Two Outlets and Logistics Center in Romania
July 04, 2007, 11:36, (Property Xpress) - IKEA plans to launch two new outlets and a logistics center in Romania in 2008, the locations however remain ...   read more
Dawnay Day to Build Atrium Center in Romanian Satu Mare
July 04, 2007, 10:40, (Property Xpress) - Dawnay Day PanTerra Limited, a part of the Dawnay Day Group, is to start its fourth Atrium Center project, to ...   read more
Russian Kronverk Cinema Enters Ukraine
July 04, 2007, 9:48, (Property Xpress) - LLC Group Estate, the company managing the shopping and entertainment centers under the brand name Dafi, ...   read more
Atlas Estates Purchases JV Partner Stake in Voluntari Land
July 04, 2007, 9:07, (Property Xpress) - Atlas Estates Limited, a closed-ended property investment company incorporated in Guernsey and listed on the ...   read more
Plaza Centers Announces Third Deal in Romania
July 04, 2007, 8:22, (Property Xpress) - Plaza Centers N.V., an emerging markets property developer quoted on the LSE, announced today, it has acquired ...   read more
Anchor Grup Takes EUR 150 mln Loan
July 03, 2007, 15:58, (Property Xpress) - Anchor Grup, the Turkish-based developer behind Plaza Romania and Bucuresti Mall projects, has taken a EUR 150 ...   read more
Epicenter K Opens DIY Hypermarket in Ivano-Frankovsk
July 03, 2007, 14:43, (Property Xpress) - Epicenter K launched its first outlet on June 30 in Ivano-Frankovsk and ninth in the Ukraine. The hypermarket ...   read more
Lithuanian Hanner Sells Kiev Projects
July 03, 2007, 14:23, (Property Xpress) - Lithuanian real estate investor and developer Hanner has decided to concentrate on developments in Odessa and ...   read more
Queenco Leisure International Looks at IPO for Fund Expansion
July 03, 2007, 13:04, (Property Xpress) - Queenco Leisure International, a Greek-based casino developer and operator, has set the price for its initial ...   read more
EBRD Provides EUR 80 mln Loan for Romanian Retail Projects
July 03, 2007, 12:23, (Property Xpress) - The European Bank for Reconstruction and Development has announced the lending of a EUR 80 mln syndicated loan ...   read more
German Clothes Retailer Eyeing Romanian and Bulgarian Markets
July 03, 2007, 11:38, (Property Xpress) - One of the largest German clothes retailers expects to gain momentum by expanding its network in the fast ...   read more
Nestle Ukraine Invests in Warehousing Complex
July 03, 2007, 10:43, (Property Xpress) - Nestle Ukraine has started investing in a 7,500 sq. m warehouse facility in Lutsk. The volume of the ...   read more
Vacation Complex in Bulgarian Black Sea Town Aheloy to Start This Month
July 03, 2007, 9:44, (Property Xpress) - A new vacation project will be built in the Bulgarian Black Sea town of Aheloy. The complex will be stretched ...   read more
Mercator Opens Shopping Mall in Belgrade
July 03, 2007, 9:04, (Property Xpress) - Slovenian retail chain Mercator opened a 22,000 sq. m mall in Belgrade on June 29, one of the largest ...   read more
ХХI Century to Develop Residential Projects in Zaporozhye
July 03, 2007, 8:35, (Property Xpress) - ХХI Century intends to develop 100,000 sq. m residential projects of business and economy class in the ...   read more
Raiffeisen Leasing Signs Contracts with Continental Hotels
July 02, 2007, 16:39, (Property Xpress) - The Romanian branch of Raiffeisen Leasing has signed contracts with the domestic Continental Hotels on ...   read more
GTC Romania Acquires Stake in Residential Development
July 02, 2007, 15:47, (Property Xpress) - GTC Romania, a subsidiary of Globe Trade Center, has acquired a majority stake in a company developing a ...   read more
Technolux Sells Pleven Outlet for EUR 6.5 mln
July 02, 2007, 14:53, (Property Xpress) - Technolux, a company owned by Syrian citizen Aladin Harfan, has sold its four story building in Pleven to ...   read more
EUR 4 bln Sports Complex Planned in Timisoara
July 02, 2007, 14:37, (Property Xpress) - President of Politehnica Timisoara Club, Marian Iancu, has announced intentions to invest in building a large ...   read more
Quinlan Private and GE Real Estate Bought Mall of Plovdiv
July 02, 2007, 12:39, (Property Xpress) - Quinlan Private, a company formerly run in 1989 by Derek Quinlan and with current assets exceeding EUR 9 mln, ...   read more
Nokia Plant in Cluj Officially Started
July 02, 2007, 10:32, (Property Xpress) - At an opening ceremony on June 29 attended by the mayor of Cluj and Raimo Puntala, Senior Vice President at ...   read more
Ubbicalia Bulgaria Buys Two Plots in Rousse Industrial Park
July 02, 2007, 9:41, (Property Xpress) - Ubbicalia Bulgaria, the local subsidiary of the Spanish-based real estate investor and developer Detea Group, ...   read more



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