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Iulius Group to Develop Mixed-use Project in Bucharest
January 25, 2022, 16:27, (Property Xpress) - Real estate developer Iulius Group, led by by Romanian businessman Iulian Dascalu, is in the process of ...   read more
Accor to Open Two Romanian Hotels in 2022
January 25, 2022, 13:53, (Property Xpress) - French hospitality group Accor said it sees Romania as a key market for its development in the CEE region, ...   read more
Croatian Retailer Gets Nod to Acquire 35-Store Chain
January 25, 2022, 13:31, (Property Xpress) - A Croatian retailer has received the green light from the country’s competition authority to acquire ...   read more
Albania’s Tourist Arrivals Reach 9.6 Million in 2021
January 25, 2022, 13:04, (Property Xpress) - In 2021, the number of foreign tourist arrivals to Albania reached 5.7 million, a 114 pct increased over the ...   read more
Mam Bricolaj to Roll out 12 Stores in Romania
January 25, 2022, 12:20, (Property Xpress) - Romanian DIY retailer Mam Bricolaj reported a RON 25 mln turnover for the first half of 2021, a 48 pct ...   read more
Update: Coca-Cola Rents 9,300 Sq. m at Garitage Park, Sofia
January 24, 2022, 19:25, (Property Xpress) - Coca-Cola European Partners Bulgaria (CCEP) has signed a 10-year lease for 9,300 sq. m of office space at the ...   read more
Mall Pernik Opens in Bulgaria
January 24, 2022, 15:42, (Property Xpress) - Mall Pernik, the first large shopping center in the Bulgarian town of Pernik, opened its doors on December 17, ...   read more
Major Land Acquisition Deal Signed in Romania
January 24, 2022, 13:15, (Property Xpress) - A major land acquisition deal has been signed in the Romanian capital. One of the companies controlled by the ...   read more
Mercator Pledges Additional Real Estate to Secure Loan from Fortenova
January 24, 2022, 12:24, (Property Xpress) - Slovenian retailer Mercator said that on January 20, 2022 it pledged additional real estate assets as security ...   read more
NEPI Rockcastle Prices EUR 500 mln Unsecured Bond
January 24, 2022, 11:43, (Property Xpress) - NEPI Rockcastle’s wholly-owned subsidiary NE Property BV closed a corporate bond book build earlier this ...   read more
Yellow Tree Acquires Bucharest Office Building
January 21, 2022, 11:51, (Property Xpress) - Real estate group Yellow Tree, indirectly controlled by British businessman Carl Bossino, has bought at ...   read more
Portico Investments Romanian Portfolio Valued at EUR 30 mln
January 21, 2022, 11:21, (Property Xpress) - Portico Investments, which buys commercial space occupied by food retailers, has purchased a new Profi store ...   read more
Hyatt to Rebrand RIU Property in Bulgaria
January 21, 2022, 11:07, (Property Xpress) - Hyatt will add one more property to its Bulgarian portfolio, with the rebranding of the existing RIU Pravets ...   read more
Investment Firm Consolidates 100 Pct Stake in Serbian Retail Portfolio
January 21, 2022, 11:04, (Property Xpress) - An investment firm has consolidated 100 pct of the shares of a retail property portfolio in Serbia. At a ...   read more
30,000 Sq. m Recreation and Residential Project Planned in Bulgaria
January 21, 2022, 11:01, (Property Xpress) - A state-of-the art multifunctional recreation and residential complex will be developed in the Bulgarian city ...   read more
Primark to Open First Romanian Store in 2022
January 20, 2022, 14:02, (Property Xpress) - Dublin-based clothing and accessories retailer Primark, owned by Associated British (AB) Foods Plc, will enter ...   read more
Stada to Set up EUR 50 mln Production Hub in Romania
January 20, 2022, 13:21, (Property Xpress) - Germany’s pharmaceutical company Stada Arzneimittel is investing EUR 48.3 mln in a supply-chain hub in the ...   read more
Romania’s CRE Investment Volume Reaches EUR 916 mln in 2021
January 20, 2022, 12:47, (Property Xpress) - The Romanian commercial real estate investment market recorded a EUR 916 mln transaction volume in 2021, up ...   read more
Retailer Acquires Land in Podgorica
January 20, 2022, 12:20, (Property Xpress) - A retail company has completed a deal to acquire a 1.3 ha land plot in the Montenegrin capital city of ...   read more
4,000 Sq. m Retail Center Opens in Croatia
January 19, 2022, 17:15, (Property Xpress) - A new retail center opened in Croatia at the end of last year, in an area visited by several million tourists ...   read more
EUR 2.0 Bln Development Project Planned in Albania
January 19, 2022, 14:58, (Property Xpress) - A large-scale development project, including more than 12,000 premium luxury residences, hotels, a marina for ...   read more
P3 Logistic Parks Signs Lease Deals for 113,500 Sq. m in Romania
January 19, 2022, 13:30, (Property Xpress) - Pan-European logistics real estate owner, developer and manager P3 Logistic Parks, owned by GIC, Singapore’s ...   read more
GlaxoSmithKline Sells Production Site in Romania
January 19, 2022, 12:51, (Property Xpress) - British pharmaceutical group GlaxoSmithKline has sold its last factory in Romania, Ferrosan in Cluj-Napoca, to ...   read more
Montenegro Hotel Achieves 45 Pct Occupancy Rate in 2021
January 19, 2022, 12:02, (Property Xpress) - A five-star hotel on the Montenegrin Adriatic coast achieved a 45 pct occupancy rate last year compared with ...   read more
Sofia Airport Records 14 Pct Growth in Passenger Traffic in 2021
January 18, 2022, 18:15, (Property Xpress) - Bulgaria’s Sofia Airport handled 3.36 million passengers last year, a 14.5 pct increase compared to 2020, ...   read more

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