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Creda Investment Co Planning to Invest EUR 50 mln in 5-Star Complex in Bulgaria
January 04, 2007, 16:31, (Property Xpress) - Creda Investment Co, a subsidiary of the Chicago-based Development Co Ltd, has announced its intention to ...   read more
Varnagas to Build Methane Station This Year
January 04, 2007, 15:26, (Property Xpress) - Varnagas will start the construction of methane station for compressing natural gas this year, as Roumen ...   read more
Kiev Rus Hotel Sold without the Consent of Foreign Shareholders
January 04, 2007, 14:57, (Property Xpress) - The Anti-monopole Committee of Ukraine has permitted Sell Company to acquire the Kiev hotel Rus, as Domik ...   read more
Praktiker Romania Opens 14 Stores by 2008
January 04, 2007, 14:56, (Property Xpress) - Having currently 16 stores, Praktiker Romania, the domestic subsidiary of the German DIY chain Praktiker, ...   read more
Sparinvest Property Fund Raised EUR 452 mln
January 04, 2007, 13:36, (Property Xpress) - Sparinvest Property Fund, a worldwide property fund of funds, reached final closing with total commitments of ...   read more
Israeli Ashtrom to Develop Shopping Center with a Hotel in Belgrade by 2009
January 04, 2007, 12:10, (Property Xpress) - The Israeli Ashtrom, represented by Avital Group, is going to develop a mixed used project featuring retail ...   read more
Banks Opened over 1,100 Branches in Romania Last Year
January 04, 2007, 11:11, (Property Xpress) - Local banks launched more than 1,100 new branches in Romania until the last days of 2006, which was the period ...   read more
Residential Reconstruction Approved in Kiev
January 04, 2007, 11:07, (Property Xpress) - The Kiev City Council has approved the conceptual project for residential reconstruction of five- and ...   read more
Lidl Ready to Enter Bulgaria Again
January 04, 2007, 10:08, (Property Xpress) - Schwarz Group, owner of discount chain of stores Lidl, is ready to enter the Bulgarian market again, after its ...   read more
Coty Prestige Opens Its Branch in Romania
January 04, 2007, 9:42, (Property Xpress) - Coty Prestige, division of Coty Inc Group, the leading retailer on the perfume market, intends to launch its ...   read more
Petrol Puts EUR 7.5 mln in 10 New Gas Stations by 2007
January 04, 2007, 8:46, (Property Xpress) - Petrol AD, the biggest Bulgarian fuel retailer, is about to put EUR 7.5 mln in the construction of 10 new gas ...   read more
Some 1.4 mln sq. of Residential Space to be Built in Kiev by 2007 According to the City Mayor
January 03, 2007, 15:17, (Property Xpress) - The mayor of Kiev Leonid Chernovetskyi forecasts residential construction of 1.4 mln sq. m this year, which ...   read more
GED Closes its Eastern Fund II at EUR 150 mln
January 03, 2007, 14:53, (Property Xpress) - GED completes closing of GED Eastern Fund II at EUR 150 mln, which is EUR 50 mln more than the anticipated ...   read more
NBG Acquired Vojvodjanska Banka in Serbia and Agreed to Acquire Kreditprombank OAO, Ukraine
January 03, 2007, 14:14, (Property Xpress) - The National Bank of Greece (NBG), owner of 46 branches and 5.5 pct market share in Serbia, finalized in ...   read more
Four-Star Hotel to Be Built in Kiev Instead of Bath Complex
January 03, 2007, 13:23, (Property Xpress) - Kiev-based Destiny Company will develop a four-star hotel in the Ukrainian capital, as arendator.ru reports. ...   read more
Industrial Park Barters 106 Apartments for a Plot in Gurmazovo, near Sofia
January 03, 2007, 12:15, (Property Xpress) - Vesselin Bliznakov, Bulgarian Minister of Defence, Assen Gagauzov, Head of the Ministry of Public Works, and ...   read more
HVB Bank Opens Its Serbian Office No 46 in Belgrade
January 03, 2007, 12:14, (Property Xpress) - HVB bank has launched its new No 46 Serbian office in Belgrade’s Slavija Square, as Serbia & Montenegro ...   read more
Australian Amcor Started Plant Construction in Kharkov District
January 03, 2007, 12:11, (Property Xpress) - The Kharkov district administration has announced the start of the construction of a USD 20 mln plant in the ...   read more
Scorpio Real Estate Gains EUR 180 mln in Private Placement
January 03, 2007, 11:23, (Property Xpress) - The controlled by Benny Steinmetz Scorpio Real Estate Ltd, property developer focused on Central and Eastern ...   read more
USD 20 mln Sports Palace Planned in Lviv
January 03, 2007, 10:48, (Property Xpress) - Rosan Holding Group intends to build USD 20 mln sports palace in Lviv, as company’s president Rostislav ...   read more
Parex Issues USD100 mln in Certificates for Land Aquisition in Ukraine
January 03, 2007, 9:34, (Property Xpress) - Parex Asset Management Ukraine (PAM Ukraine), the well known assets and pension funds managing real estate ...   read more
Aura Develops Residential Projects in Romanian Ploiesti and Snagov
January 03, 2007, 9:11, (Property Xpress) - Aura Investments Ltd. has purchased a EUR 2.4 mln plot for the development of 385 apartments in Ploiesti, ...   read more
Bulgarian Land Development Acquired 5.6 ha Plot in Borovets for EUR 5 mln
January 03, 2007, 8:44, (Property Xpress) - The AIM listed Bulgarian residential property developer Bulgarian Land Development PLC (BLD) announced it has ...   read more
EUR 200 mln Universiade Village to Be Built in Belgrade by 2009
December 29, 2006, 15:18, (Property Xpress) - The construction works of EUR 200 mln Universiade Village under the name Belville with residential area of ...   read more
USD 1 bln Regeneration Scheme Gets Under Way in Kharkov
December 29, 2006, 13:50, (Property Xpress) - Macro Cap Development Ukraine has announced the construction of the City Park in Kharkov on the site of the ...   read more

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