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Mandarin Oriental to open a luxury resort in Bodrum

Mandarin Oriental, Bodrum, which is slated to open in 2014, will be located on a 60 hectare waterfront site on the northern side of the peninsula, at ‘Cennet Koyu’ or Paradise Bay. The resort’s 82 exclusive guestrooms and 20 suites... more...
Tuesday, 14. February 2012

DB Schenker Romtrans leases 5,200 sqm in Phoenix Logistics Center

DB Schenker Romtrans, one of Romania’s leaders in transport and logistics services, leases 5,200 sq m warehouse space in Phoenix Logistics Center through Jones Lang LaSalle. The company is part of the giant DB Schenker, one of the... more...
Saturday, 11. February 2012

AFI completes €13.4m financing with UniCredit Bank Austria

AFI Europe, a member of AFI Group, announced that it has signed a financing agreement with UniCredit Bank Austria for the development of the first out of five class-A office buildings in AFI Business Park Cotroceni located in Bucharest... more...
Friday, 10. February 2012

Record transaction for the office market outside Bucharest

Jones Lang LaSalle has acted as the exclusive advisor on behalf of the vendors, Ovidiu Sandor and his business partners, for the disposal of the office park City Business Centre in Timisoara, Romania, to the South-African investment fund... more...
Friday, 3. February 2012

Bulgarian construction sector is still lagging behind

In 2011, GDP of Bulgaria is anticipated to record a surge of 2-2.5%. Compared to the overall economy, the Bulgarian construction sector is still lagging behind in revival. This is reported in the actual market report by Buildecon. In... more...
Wednesday, 1. February 2012
MegaMall project on the Electroaparataj site, Romania - Photo: MegaMall project on the Electroaparataj site, Romania

Real4You obtains the PUZ for MegaMall

On December 13th 2011, Real4You Group has obtained the PUZ (Zonal Urbanistic Plan) for their 70,000 m² project in Bucharest, MegaMall, located on the site of the former Electroaparataj plant. Only months from the appointment of new agents,... more...
Monday, 23. January 2012

City of Belgrade support the Serbia Green Building Expo and Conference

The regional green building Expo and Conference, which will be held from the 23rd to the 25th February in Belekspo center in New Belgrade, got the official support of the City of Belgrade, as it was announced by the organizers on... more...
Monday, 23. January 2012

Epstein begins construction for new warehouse in Bucharest

Epstein Architecture & Engineering has recently started the construction phase of the new finished goods warehouse for Star Foods. Epstein is providing full architecture, engineering and construction project management services for the... more...
Tuesday, 10. January 2012

S Immo gains H&M as a tenant also at Serdika Center

S Immo AG has gained another very renowned tenant at its Serdika Center shopping centre in Sofia: After opening a shop at Bucharest's Sun Plaza, the largest shopping centre in Romania, in November 2011, the Swedish fashion chain H&M has... more...
Tuesday, 27. December 2011

ECE Türkiye manages Neomarin

ECE Türkiye, a subsidiary of Germany-based ECE, has taken over the management and leasing out of the Neomarin shopping center in Pendik district on the Asian side of Istanbul as of 5th December, 2011. It will be the 10th center under... more...
Wednesday, 21. December 2011
Forum Kayseri - Photo: Forum Kayseri

Multi Development opens shopping center Forum Kayseri

Forum Kayseri, designed and developed by Multi Development Turkey together with Union Investment, opens its doors on December 21, 2011. 150,000 m² of construction area, 65,000 m²... more...
Wednesday, 21. December 2011

Ermano Scervino opens its first mono-brand store in Romania

On December 19th, the Italian brand Ermanno Scervino opens its first mono-brand store inside The Grand Avenue gallery of The Grand luxury complex. The store with an area of 89 sqm is the franchise of a Bulgarian investor who also owns... more...
Monday, 19. December 2011

Soletanche Freyssinet expanding in Turkey and Canada

Soletanche Freyssinet, a subsidiary of Vinci Construction, has just agreed to take a majority stake in both Zetas, in Turkey, and Bermingham, in Canada. These targeted acquisitions in its specialised fields (foundations and soil... more...
Monday, 19. December 2011
SkyTower in Bukarest, Rumänien, Office, Büro, Floreasca Office - Photo: SkyTower in Bukarest, Rumänien, Office, Büro, Floreasca Office

Raiffeisen evolution sell the SkyTower project in Bucharest

Raiffeisen evolution develops in its role as turnkey contractor, in the northern part of Bucharest, a large-scale project consisting in a 37-floors office tower, known as SkyTower,... more...
Tuesday, 13. December 2011
Airport Center Sarajevo - Photo: Airport Center Sarajevo

A multiplex cinema for the Sarajevo Airport Centre

The Sarajevo Airport Centre (ACS), which will be built directly by the airport and exactly opposite the former Olympic Games village in the capital of Bosnia and Herzegovina,... more...
Tuesday, 13. December 2011

DTZ Echinox takes over the property management services for two new retail schemes

DTZ Echinox has been appointed by BelRom Real Estate to handle the property management of Severin Shopping Center and Botosani Shopping Center. With these two retail projects, DTZ enhances the size of their property management portfolio,... more...
Monday, 12. December 2011
Nicosia, Cyprus - Photo: Nicosia, Cyprus

Work begins on £50m Cyprus scheme

Work on the infrastructure for the £50m (approx) ‘Riviera’ scheme in the suburbs of Nicosia, Cyprus, has begun on site. ESA - now part of Capita Symonds - was commissioned by Plaza Exclusive Projects in 2008 to develop the architectural... more...
Friday, 9. December 2011

NEPI completes rights issue despite difficult market circumstances

New Europe Property Investments plc (NEPI) has announced that the company has completed the rights issue announced to the market on October 28, 2011. Shareholders were offered the right to subscribe for 14.285.714 additional shares in... more...
Tuesday, 6. December 2011