They ARE settING themselves up outside the capital cities, AS IT is easier to operate from branches than from the HQ. is IT A spy ring? NO – it is in fact real estate consultancy agencies, who ARE recognizing the(...)
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The Romanian land market is now stagnating because of high prices and the financial crisis. Analysts believe that in the second part of the year the market will start to recover, but partnerships for land will take the(...)
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Problems with finance and contractors, poor designs and overpriced sites are some of the reasons why amateur developers are starting to sell their projects. Large operators, however, can sit back and wait for prices to(...)
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It was a year ago that Poland and the Ukraine were entrusted with organizing the Euro 2012 football championships. The two governments and local authorities stress that preparations are gathering pace, but private(...)
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Mladen Petrov An increasing number of investors is fighting for their slice of the cake on the attractive bulgarian  market.But For how long will Bulgaria be able to keep its ‘great investment opportunities’(...)
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CEE REGION Jones Lang LaSalle – one of the biggest global real estate agencies currently active in Central and Eastern Europe – recorded a 90 pct fall in profits in the first quarter of 2008. The(...)
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ROMANIA The Baneasa shopping centre in Bucharest, which has a total area of 450,000 sqm, has now been opened. The complex features outlets such clothing retail chains as: Peek&Cloppenburg, Solmar, Inditex(...)
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POLAND Unibep has been chosen to be the general contractor for Orco Property Group’s Feliz Residence development in Warsaw. The residential complex will consist of two 4-storey buildings containing(...)
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 POLAND Construction work has begun on the Przylesie residential estate in Opole, which is to contain 304 apartments. The complex, which is situated on ul.10 Sudeckiej Dywizjii, is scheduled for completion next(...)
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 POLAND GetHouse is to develop the Point 48 residential block on ul. Czapelska in Warsaw. The 7-storey building will contain 41 apartments of between 38 sqm and 88 sqm. An underground car park is also to(...)
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 POLAND Empark Mokotów Business Park has been attracting more tenants. More than 1,900 sqm of the Orion building (completed in 1999) has been leased by Hewlett-Packard Polska. This transaction was mediated(...)
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 POLAND An 8,000 sqm office building to be known as Portus will be developed on ul. Kamieńskiego in Kraków. The leasable space available amounts to 6,300 sqm. The investor behind the project, which is(...)
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 POLAND Jysk Poland and Trans Południe have both leased space in the Logistic City – Piotrków Distribution Center warehousing park with a combined area of 32,100 sqm. The former company – Jysk(...)
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UKRAINE PrivatEast8 Development is planning two retail-office-entertainment centres in Kiev: a 108,000 sqm complex on Moskovsky Prospect and a 107,000 sqm complex on the old ringroad. Both centres should be completed(...)
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BULGARIA The Equest Balkan Properties (EBP) is reportedly planning to sell the City Center Sofia shopping complex, which the investment fund bought two months before it opened in 2006 for EUR 94 mln. The 44,000(...)
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ESTONIA The Latvian-based company Grindeks has been allowed to deliver a skyscraper office building in the district of   Tondi in Tallinn. The company’s project to develop a 25-storey building has been opposed(...)
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ROMANIA Israeli developer Engel East Europe is planning a EUR 75 mln estate on a 1-ha plot in north Bucharest. Engel Tulip will contain 35,000 sqm of living space in 407 apartments, the prices of which will(...)
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 POLAND The Ferio shopping centre in Stare Miasto near Konin is to open on May 8th. Today the investor, RE Project Development (owned by Raiffeisen Evolution Project Development) held the grand opening(...)
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POLAND Parkridge Retail Poland is planning to develop a Focus Park shopping and entertainments centre in Ostrów Wielkopolski with a total leasable area of 25,000 sqm. The company has signed a preliminary(...)
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POLAND Standard Life Investments has agreed to fund a retail park to be developed near Opole by Helical Poland. EUR 70 mln will be invested in the Turawa Retail Park from Standard Life's European Property(...)
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POLAND Pirello Pekao Real Estate is to begin the first stage of development of its Ostrobramska 75 project. This is located on the former site of the Przemysłowy Centrum Optyki factory on ul. Ostrobramska in(...)
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POLAND MediaTel has leased nearly 1,400 sqm of the Warsaw office building Business Center Bitwy Warszawskiej. The contract, which is to run for 61 months, was signed with Europolis, and is worth EUR 2 mln.(...)
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POLAND The Salzburg Center in Warsaw has been sold by its developer Immoeast to the SEB Global Property Fund for EUR 41 mln. The building, which was completed in 2007, contains 10,660 sqm of leasable space. It(...)
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HUNGARY Fieldstone – an Irish-Hungarian company – is to re-develop a former Soviet air base into Mezokovesd into a logistics and commercial airport. Investment cists in the first phase are to come to(...)
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SLOVAKIA The Shopping Palace mall in Bratislava is undergoing a EUR 55-60 mln expansion – the fourth and fifth stages of its development. The retail and entertainment complex, which is situated in(...)
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 UKRAINE Russian firm Dominion-M (Доминион-М), part of the Peresvet-Group(...)
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ROMANIA Belgian-owned developer Bel Rom Real Estate is to open European Retail Park Braila at the end of May - the first of this kind of development in the southeastern county of Braila. The complex is to have a(...)
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 ROMANIA AFI Europe, part of Israeli conglomerate Africa Israel Investments, intends to invest more than EUR 600 mln in its second real estate project in Bucharest. The work on AFI Golden Place has already(...)
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 RUSSIA Investment group Region (Регион), through its subsidiary(...)
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 RUSSIA St Petersburg construction company LEK (ЛЭК) is to develop a residential complex consisting of six 18-storey buildings with a combined area of 100,000 sqm. The complex is to be(...)
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 RUSSIA Moscow council has set up a new department responsible for extensive renovations to homes in the city. Yuri Luzkov, the city mayor, has announced a substantial programme for the new body: in 2008,(...)
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POLAND  The construction market in Poland in Q1 marked the highest growth in the whole economy, according to a study conducted for the Polish Chamber of Building Industry and Commerce. During the period, a(...)
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POLAND Polish retailer Vistula & Wólczanka is planning to buy stocks of the Warsaw stock exchange listed company W.Kruk, the owner of the Kruk jewellery stores and the female fashion brand Deni Kler. The(...)
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POLAND Coty Polska – the Polish division of the American cosmetics manufacturer – is to occupy nearly 2,100 sqm of the Nothus building in Globe Trade Centre’s Okęcie Business Park Nothus is(...)
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 POLAND  Centrum Medyczny Enel-Med has leased 2,200 sqm of Reinhold Polska’s office complex on the corner of ul. Kozioła Oswalda and al. Wojciecha Korfantego in Katowice. The 10-year contract has a(...)
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 POLAND Luxembourg-based investment fund Baltic Property Trust Optima is the new owner of the Praska Dominanta tower building on ul. Okrzei in Warsaw’s Praga Północ district. The building(...)
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CZECH REPUBLIC The average price for re-selling a Prague apartment fell by 5 pct in Prague in April, according to research by the Institute of Regional Information. The fall has been attributed to the fact(...)
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ROMANIA TriHolding is to invest more than EUR 15 mln in a Bucharest office development. The company, which was recently set up by Hungarian-Israeli businessman Ehud Amir, is to purchase an 800 sqm plot close to(...)
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HUNGARY Hungarian investor Malomvari has started the construction phase of its HUF 4.5 bln (EUR 18 mln) Jazz Loft residential development in Budapest’s North Buda district. The complex will be made up of(...)
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HUNGARY Casaro Hungary, which is owned jointly by Hungarian and Israeli investors, is to develop a EUR 23 mln shopping centre in Dunaujvaros. The 15,000 sqm mall is to be situated on a recently acquired plot of(...)
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 BULGARIA  Serbian-based company Delta Maxi, which acquired a majority stake in Bulgarian grocery stores chain Pikadili in 2007, is to open ten more stores in Bulgaria by the end of the year. In the course(...)
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BULGARIA  Bulgarian-based Fairplay Properties (Феърплей пропъртис) is to invest EUR 430 mln in projects across(...)
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BULGARIA The Bulgarian-based GM- Stroi (ГМ-Строй) is to invest in the first mixed-use project in Bourgas. The 90m tall building will be constructed in the Meden Rudnik(...)
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BULGARIA According to the Arco Real Estate advisory, last year more than 325,000 transactions were finalized on the Bulgarian real estate market – 4 pct more than the previous year. The biggest(...)
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RUSSIA UK firm RosEvroDevelopment has opened the Planeta (Планета) shopping and entertainment centre in Krasnoyarsk. The mall has a total area of 140,000 sqm, of which(...)
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RUSSIA The Moscow investment group MegaStroy (МегаСтрой) is to finance the development of a class B+ business centre with an area of 50,000 sqm. This is to be(...)
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POLAND The commercialization process has begun for two new halls (E and F) in the Maximus shopping centre in Nadarzyn outside Warsaw. Phase II of the complex will see halls E and F completed in 2008 and(...)
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POLAND Another tenant has moved into the Agora shopping centre in Bytom. Martes Sport is to open a 560 sqm store in the mall, which is open in 2010. The investment costs for the Agora centre, which is being(...)
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CEE REGION The Central & Eastern European region has emerged as a focus of major growth in the logistics property market over the next few years, the latest report by CB Richard Ellis, ‘Industrial and(...)
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UKRAINE European investment fund Meyer Bergman has bought the Alladin (Алладин) shopping and entertainment centre on Kiev’s left bank. The seller was a consortium(...)
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 HUNGARY Hungarian developer Turul Center 2006 is looking for a buyer for its Omega Park shopping centre in Tatabanya. The 12,000 sqm mall – an HUF 5 bln (EUR 19.5 mln) investment – was opened(...)
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BULGARIA The local division of German developer ECE will soon begin the development of the 40-storey Europe Tower in Sofia. The 180m building will be the tallest in the country. Construction work is scheduled(...)
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 BULGARIA The Bulgarian-based companies Densi Stroi ( Денси Строй ), Prista Oil (Приста Ойл)  and(...)
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ROMANIA Austrian company Immorent is planning a EUR 300 mln mixed-use project on a 4.4-ha site in Bucharest. Around 150,000 sqm of office and service space will be developed in this project, as well as 45,000(...)
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 ROMANIA Israeli developer Future Group is planning to invest EUR 350 mln in the development of 5,000 homes in Romania. These are to be located in Bucharest, Sinaia, Campina, Brasov and Galati. The first(...)
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POLAND The green light has finally been given for the construction of the Złota 44 tower – a development planned by the Orco Property Group. The Mazovian voivodship has thrown out the objects of local(...)
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POLAND Globe Trade Centre has finalized a contract with State Street for the lease of 11,600 sqm of the former’s Centrum Biurowe Kazimierz development in Kraków. This is the largest leasing transaction(...)
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POLAND Unibep has been contracted to carry out work for Spółdzielnia Mieszkaniowo-Budowlanej Imielin. The constructor will build a residential estate on the corner of ul. Dereniowa and ul. Płaskowicka in(...)
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 POLAND   Complaints by developers’ about a lack of cooperation from banks are increasing according to the Polish Association of Developers (Polski Związek Firm Deweloperskich). Developers are not(...)
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RUSSIA Warehouse developer GK Espro is to build a logistics-office-retail complex near Vnukovo airport outside Moscow. The company has already negotiated the purchase of 55.4-ha of land, which is to be the site(...)
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 CROATIA The Croatian blue-chip civil engineering institute Institut Gradjevinarstva Hrvatske (IGH) is to design a bridge over the Sava river in Zagreb. The construction of the 434m long bridge is to start next(...)
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 BULGARIA The Israeli-based real estate developer Africa Israel Investments will finance the extension of Business Park Varna in Varna. The company, through its subsidiary AFI Europe, will provide EUR 59 mln(...)
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 ROMANIA DGL Investment – a Romanian investment company owned by Russian businessman Daniel Rakitar – has plans to develop a mixed-use project in the resort of Azuga in the southeast of the(...)
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ROMANIA The Romanian businessman Romeo Dunca, stakeholder in Dunca Expeditii, is planning to invest in the development of an environmentally-friendly ski resort. The businessman has already hired the leading(...)
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POLAND Reinhold Polska Project 5 – a special purpose company set up by Reinhold Polska – has raised the finance needed for an office-services development involving the conversion of a town-house(...)
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 POLAND Bank Pekao in Warsaw is to move into Lipowy Business Park. The lessee will be occupying a staggering 39,000 sqm of the complex. The developer of the business park on ul. Żwirki i Wigury, is Hochtief(...)
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 POLAND Eiffage Construction Mitex hs been contracted by Momo Development to construct the Elite Garbary Residence apartment building on ul. Szyperska in Poznań. The realization and supervision of the project has(...)
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POLAND Dorado, a zoological products distributor, is to lease 1,850 sqm of warehousing space and 200 sqm of office space in hall C of Panattoni Park Wrocław. The logistics park, which is located in Bielany(...)
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POLAND The Włocławek-based Budizol Property is to invest PLN 200 mln in its newest project in its home city- the first mixed-use development Wzorcownia, which will be located in the very heart of Włocławek. The project(...)
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POLAND  Empark Mokotów Business Park, owned by Heitman European property Partners III and Immoeast, will be expanded by a new office building. According to the design the “A” class office building Vega, the(...)
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POLAND The Warsaw-based Dom Development announced its Q 1 2008 financial results. The company’s revenues increased to PLN 188 mln, while the net profit was higher by 21 pct- and came to PLN 45 mln. In Q 1 the(...)
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RUSSIA Finstar Properties, part of the international Finstar Financial Group, is planning to deliver two shopping malls in the city of Magnitogorsk in the Southern part of the Ural mountain. The cost of the investments(...)
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 RUSSIA LSR Group’s subsidiary ZAO(...)
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 SLOVAKIA Israeli/Slovak developer Opera SL Group is to develop the ‘Pod vrskami’ residential estate – an SKK 8 bln (EUR 252 mln) investment, located on a 31-ha site in(...)
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UKRAINE  Kiev city council is planning a 5-star hotel with sports-rehabilitation complex on the banks of the Dniepr. The design, which had been prepared by the Neordinarnogo-Proektirovaniya Studio(...)
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RUSSIA Russian company SU-155 (СУ-155) is to develop a 60-ha ‘micro-city’ in the south-eastern part of Tula in western Russia. The company will begin the construction phase in May or June. A(...)
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POLAND Globe Trade Centre generated a net profit of EUR 34.8 mln in Q1 of 2008 (an increase of 211 pct on the same period last year). The value of properties owned by the company increased almost by 70 pct on the(...)
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POLAND Spanish company Restaura is to develop a residential complex on ul. Kolska in Warsaw. The Restaura Kameralna estate will consist of seven 4-storey buildings, which contain 385 apartments (with a total area of(...)
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POLAND Guardian Managers Limited, on behalf of the Guardian New Europe Emerging Cities Fund, has bought the Batory Office Complex business park in Warsaw from Liebrecht & Wood. The project, located on al.(...)
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POLAND Eiffage Budownictwo Mitex is to build an Ibis hotel in Kielce for Hekon Hotels Ekonomiczne. The 5-storey building on ul. Warszawska will contain 112 rooms, a restaurant, conference facilities and parking for(...)
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POLAND The Redefine company has leased 2,200 sqm of office space in the business section of the Promenada shopping centre, on ul. Ostrobramska in Warsaw. The facility is managed by ECC Property Management, which is(...)
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POLAND MT Development Group is to develop a residential and retail complex on a 14-ha site on ul. Parkowa in Ożarów Mazowiecki. In the first phase, designed by architects KW-Projekt, 12 buildings are to(...)
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HUNGARY ProLogis has been commissioned to develop 20,600 sqm of industrial space in ProLogis Park Budapest-Sziget for Hungarian third-party logistics provider UTi Logistics LLC. The park currently contains 5(...)
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RUSSIA Sistema-Halls, a development company, intends to invest around USD 400 mln in the construction of a settlement of single-family homes in Gaudi Park. It will be situated 23 km from the Moscow ring road almost on(...)
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UKRAINE Kiev urban authorities have given the green light to the construction in the city of a complex of yet unmet size. The overall area is 745,000 sqm the initial size was to have been 100,000 sqm, while the size of(...)
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UKRAINE Steltex Investments, a Kiev development company wants  to construct a multifunction complex at Pobieda St. in Zaporozhe, with a total space of 120,000 sqm. It will include a hotel with 270 rooms, a business and(...)
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UKRAINE  Nico and K intend to develop a quarter in Kiev including Wasilkovska Str., 40th Anniversary of October Prospect and Uzhgorodski Alley with office and commercial objects. Three buildings of 4, 5 and 27 storeys(...)
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UKRAINE Vostok investment group will start work on two complexes this year: an office and retail and a residential complex at Biereznievaya St. in Kiev. The project is divided into three stages. A business park of a(...)
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UKRAINE  The Pembudrestavrashchaya company intends to develop an office-hotel project with an underground car park on its production facility at Electrotechnichna St. in Kiev. Three buildings will appear of 15, 20 and(...)
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UKRAINE  The Miskzhytlobud construction company has started work on a 5-storey business centre and car park, the fifth and final part of the Goloceyevo complex at Golosieyevska St. The building is to be on a separate(...)
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POLAND  The Modlin Fort near Warsaw which is owned by the Military Property Agency is gradually being sold off. An old laundry building is to be sold by tender in June, the starting price for the building of 1,300 sqm(...)
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CROATIA Real estate investors JER Partners in joint venture partnership with Poseidon Group will build a shopping centre in Croatia. The companies haven’t announced the cost of the project. The Dalmatia Capitol(...)
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ESTONIA In April the residential market in Estonia finally showed some positive signs of growth according to analyses by the real estate agency  Uus Maa Kinnisvarakonsultandid. The number of apartment transactions was(...)
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BULGARIA  San Stefano Property Development is to construct a multifunction object in the very heart of Sofia at San Stefano St. Called San Stefano Plaza, the object is to cost EUR 30 mln and will open door in June 2009.(...)
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BULGARIA  Morgan Stanley Infrastructure is reviewing the possibility of investing in Bulgarian infrastructure projects. The Morgan Stanley financial group is interested in airport, maritime port, telecommunications,(...)
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POLAND Europolis which owned 90 pct of shares in the Alliance Logistics Centre warehouse park has bought the remaining 10 pct from Menard Doswell. The new proprietor has also changed its name to Europolis Park Błonie.(...)
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CROATIA  The IGH Croatian engineering company is to design 10 hydraulic power stations in Russia. The company has signed an appropriate contract with a value of EUR 100 mln, while the construction proper of those power(...)
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RUSSIA Renaissance Development, a developer daughter company of Renaissance Construction intends to construct in central Novosibirsk at the intersection of Woyennoy St. and Kamienskoy highway an Aura shopping and(...)
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RUSSIA  Hypercity is purchasing a project for a shopping  and entertainment centre in Tyumen with  a total space of 110,000 sqm. Its design is the work of the DTZ and CB Richard Ellis consultancy companies. The(...)
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RUSSIA  Sibirski Cement holding, Russia’s second-largest cement producer intends to increase production to a yearly figure of 18 mln tons by 2012 from today’s 10.5 mln tons. The company management claims(...)
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EAST-CENTRAL EUROPE  Globe Trade Centre has signed a contract with Cinema City to open cinemas in Galleria shopping centres under construction in Romania and Bulgaria. The multiplex operator in Bulgaria will be opening(...)
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POLAND Europolis which owned 90 pct of shares in the Alliance Logistics Centre warehouse park has bought the remaining 10 pct from Menard Doswell. The new proprietor has also changed its name to Europolis Park Błonie.(...)
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POLAND  The European Mortgage Fund generated a net sales income of PLN 17.6 mln in 2007 which is five times the 2006 value. The operational profit was PLN 1.4 mln, the gross profit being PLN 15.4 mln.

POLAND  Echo Investment capital group registered a net profit of PLN 26 mln in the first quarter of the present year. Company income rose by 41 pct compared with the same period in 2007 and amounted  to almost PLN 91(...)
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ROMANIA Eka Investment Group of Romania will soon be starting construction of three Bucharest office building projects, with a total value of EUR 30 mln. Eka Business III, IV and V office buildings will be constructed(...)
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RUSSIA  Principal Plus is constructing a Principal Plus office building in southern Moscow of a total space of 33,400 sqm (21,000 sqm rentable space). The planned conclusion of the investment is October 2008. Cushman(...)
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POLAND  Aliplast of Belgium is to construct a plant producing aluminium profiles and systems in Lublin, at a cost of PLN 35 mln. The factory hopes to employ around 100 people. 70 hectares are still unoccupied in the(...)
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POLAND  Daniel Liebeskind, the renowned architect, has presented a project to develop the Polish Hook, that is the headland at the confluence of the Motława and the Martwa Wisła rivers in Gdańsk. Among other ideas, a(...)
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CZECH REPUBLIC  Immo Industry Group is starting work on the construction of a production plant in the Czech area of Vyskovo, for Rumpa Kunststofprodukten of Holland. The scheme will stand on a 28,900 sqm plot and will(...)
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POLAND Hochtief Polska Budokor Branch has been contracted as the general contractor of the Warsaw Flanders Business Park office building, to be constructed at Łopuszańska and Flisa Str. Liebrecht & WooD Polska is(...)
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POLAND  Arvato Services Polska, an outsourcing company, is to occupy 12,600 sqm warehouse and office space in Panattoni Park Poznań II. The tenant is a member of Arvato AG group forms part of the Bertelsmann AG media(...)
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POLAND  Mermaid Properties is to construct two office buildings at Jerozolimskie Ave. in Warsaw. The developer’s partners are the PWN Scientific Publications Company and the Spanish Aiga Investments Group. Libra(...)
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Prof. Alan McKinnon, a leading logistics expert and British government and European Commission consultant, will be the special guest at the Eighth Annual Central and Eastern European Logistics and Warehouse Convention,(...)
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CENTRAL-EASTERN EUROPE  Arcapita Bank B.S.C., a Bahrain developer, together with associated companies, has purchased Pinnacle Real Estate, a warehouse space developer in Central and Eastern Europe. Pinnacle’s(...)
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POLAND  AIG/Lincoln Polska is to set up a warehouse and production park in Gdańsk. The scheme will be a 17 ha plot situated directly at the entry of the A1 motorway, approximately 7 km from Gdańsk city centre. The first(...)
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POLAND  A group of Canadian investors is interested in constructing a hotel in Białystok that will replicate the traditions of the pre-war Ritz, which used to stand in the city centre. However the investors have set the(...)
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POLAND  The European Mortgage Fund Capital Group registered net sales revenue in the first quarter of 2008 of PLN 10.8 mln, a six time increase compared with the same period in 2007. The sales profit amounted to PLN 1.2(...)
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POLAND FM Logistic has concluded the construction of the first part of a distribution centre in Bloniu, a suburb in Warsaw, with a space of 26,000 sqm. However the investor intends to enlarge the project to ultimately(...)
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UKRAINE The Truskavets based developer TKS Holding, which is quoted in the Frankfurt stock exchange, has announced a net profit of USD 54.2 mln for 2007, after registering a loss of USD 0.5 mln in the(...)
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RUSSIA The SU-155 group has started the construction phase of a residential settlement in Kaluga (western Russia). This is to be the Pravoberezhe micro-region, in which more than 70,000 sqm residential buildings(...)
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RUSSIA Finstar Properties intends to invest around RUB 2.7 bln (EUR 73 mln) in the development of two shopping and entertainment centres in the western Siberian city of Barnaul. The first of these, with a total(...)
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POLAND Apollo Rida Poland has finished extension work to their shopping centres in both Radom and Kielce. The Radom M1 mall has been enlarged by more than 3,600 sqm, with the new section to be occupied by(...)
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POLAND  Warsaw city council is still processing a building permit application for an office building to stand between the two carriageways of Wybrzeże Kościuszkowskie along the Vistula river. The building would(...)
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POLAND Vintage Development, part of the Impel group, is to develop the Promenada Wrocławska estate, near Wrocław city centre, on a plot of more than 15-ha. The intention is to create a new urban district with(...)
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POLAND The General Directorate of National Roads and Motorways (GDDKiA) has signed a contract with a syndicate composed of Mostostal Warsaw and Acciona Infraestructuras for the construction of a ring road around(...)
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POLAND Orange Property Group is to redevelop an old  tenement on ul. Jarcza in Łódź into a modernized office building. The Jarcza 47 Prestige investment will offer 1,200 sqm of rentable space. The scheme is(...)
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CZECH REPUBLIC The skeleton of the first phase of the Argo office complex has now been completed in Prague. The Argo Alpha building is located on the city’s airport corridor, Evropská in Prague 6. When(...)
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RUSSIA Philips has signed a preliminary agreement for the lease of 6,900 sqm of office space in building 'A' of the Zapadnyye Vorota(...)
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RUSSIA The Transstroi Design And Construction Company (Проектно-строительная(...)
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POLAND A consortium of companies made up of Degremont, Hochtief WTE Wassertechnik Poland and Poland, together with its leader WTE Wassertechnik GmbH, and build modernize a sewage treatment plant for Kielce.(...)
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RUSSIA The Rodex Group is developing the Pereleski estate of single-family houses in the Istrinski region on the Novoryzhska highway 65 km from Moscow. There will be 254 houses on a plot of 37.6-ha, each of 130(...)
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RUSSIA Naturmed is planning to open a chain of 15 sanatorium complexes in the European part of Russia. The facilities, which are to be run under the same brand, are to be built in the Krasnodarsk and(...)
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EUROPE In the first quarter of 2008, Warimpex registered a 26 pct rise in sales revenue from EUR 14.5 mln to EUR 18.2 mln. Revenue from projects reached EUR 9.2 mln. In the next 12 months, the company is due to(...)
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POLAND Work has started on the fifth stage of Konstancja estate, which is being developed by Globe Trade Centre in Konstancin-Jeziorno outside Warsaw. The project is the work of the DIP Biuro Projektów. Ten(...)
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POLAND The Stalgast company has leased 10,000 sqm of warehouse space and 2,000 sqm of office space in the ProLogis Park Warsaw II complex, which the ProLogis is to develop on ul. Staniewicka in Warsaw. The(...)
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POLAND Awbud Wyroby Betonowe company has submitted a share prospectus to the Polish Financial Supervision Authority (PFSA). The public offer is planned for the turn of the third quarter of this year. Ipopema(...)
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CEE REGION The Hungarian property developer SCD Holding is considering expansion to Bulgaria, Romania and Croatia. The company is interested in office and retail projects in Bulgaria, while in Romania it is to(...)
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ESTONIA Arco Vara, one of the biggest Estonian real estate developers, is to build a residential district near the Latvian capital Riga. The MB-3 project will be located in the vicinity of the Baltezers lake.(...)
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BULGARIA The European Bank for Reconstruction and Development (EBRD) plans to lend EUR 54.6 to a joint venture comprising the Polish-based developer GTC and the Bulgarian companies Nasada and SGS-Consult. The three(...)
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CZECH REPUBLIC  PPF Investments (PPFI), an equity group that carries out private investments for Czech tycoon Petr Kellner, intends to invest up to USD 600 mln in a Russian residential project in Tolyatti in(...)
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ROMANIA  Romanian oil firm Rompetrol together with Immorent, the real estate developer unit of Austria's Erste Bank, will invest EUR 300 mln in a mixed-use project in the north Bucharest. Smart City, a project(...)
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ROMANIA  Israeli-based Ram Global Group is to develop a EUR 140 mln residential project in the Titan district of  Bucharest. The estate, to be called Casablanca Residence, will include 1,260 apartments in seven(...)
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 POLAND Yareal Polska is investing EUR 32 mln in its latest office development in Warsaw – Cristal Park on ul. Mszczonowska (in the immediate neighbourhood of al. Jerozolimskie). The cornerstone ceremony took(...)
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 ROMANIA TriGranit is negotiating with Austrian investment fund Immoeast to take over the administration of Immoeast's Euromall shopping centres in the Romanian cities of Pitesti and Galati., which were acquired(...)
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 ROMANIA TriGranit is negotiating with Austrian investment fund Immoeast to take over the administration of Immoeast's Euromall shopping centres in the Romanian cities of Pitesti and Galati., which were acquired(...)
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