Marma co investing in Varna gated community

Local company Marma has launched the construction of a 40 mln euro gated residential complex in Varna, on the Black Sea. The New Varna community, located in the Galata district of the coastal city, will have a footprint of ... More

Anchor Group invests EUR 50 M in Plaza Metropol

The Turkish real estate developer Anchor Group will invest EUR 50 M in the construction of a complex of offices in the West of Bucharest, being the second project of this type run by the company in Bucharest. “The complex ... More

Highly Modern Info Center Complex Opens at Bulgaria's Newest Business Center

The Marketing Suite opened Wednesday will serve to present the opportunities of the Sofia Airport Center, the new logistics and business park which is still under construction.Tishman International and General Electric (GE) Real ... More

Colliers Int'l research on real estate prices in Sofia

The Sofia residential market stayed strong throughout the second half of 2007 and, according to the latest research findings from Colliers International, displayed significant price increases in most locations. The largest ... More

REIT Agro Finance buys 200 ha of land in Jan

Local real estate investment trust Agro Finance acquired 207.2 ha of agricultural land in January, shows the regular company bulletin submitted to the Sofia stock exchange. The fund assets committed to arable land now stand ... More

Foreigners will be able to buy real-estates in FYR Macedonia

Foreigners will be able to become owners of real-estates in Macedonia. The Macedonian Government reached a decision on the legal amendments which would allow the foreigners, as physical entities, to buy apartments, houses and ... More

Malls and Casinos to Mushroom along Serb Border

Old wives from the town of Tran will make millions from farmland A small Las Vegas will crop up along Bulgarian-Serb border. Designs for motels, malls and even casinos are being prepared. Businessmen are ready to pay enormous ... More

AGP Development is new owner of Electronica plant in Sofia

Property investor AGP Development and connected company Sinectic have collectively assumed control over close to 90% of Electronica AD, a local producer of electronic cash registers, shows the Q4 2007 financial report of the ... More

Israel's BSR Europe buys Sofia site

BSR Europe Ltd., a subsidiary of Israel's BSR Engineering and Development Ltd., and its partners have signed an memorandum of understanding to buy a lot in the Bulgarian capital of Sofia for a mixed-use project, Israeli ... More

Plots of Land Make Millions in Bulgaria

Construction companies offer five apartments in exchange of a construction site All owners of plots of land in Bulgaria's towns and cities should know that they are potential millionaires. Should they decide to let construction ... More

Quaestus Invest sets up real estate fund

The fund strategy is investment in large real estate projects. The aimed fund size is HRK 1bn that will be realized through several share issues in the period of five years after the first IPO. On January 17 Croatian Financial ... More

Merrill Lynch co-owns MPC Properties

Merrill Lynch has become the co-owner of the MPC Properties development and construction company. The Belgrade-based company did not wish to state the exact percentage of the company shares bought by the American company, but ... More

UK Investors main investors in Bulgaria's Real Estates Market

A report about the last season situation of the real estates market places Bulgaria as the most attractive country for investing in real estates. One of the main reasons for the demand of owning a property in Bulgaria was the ... More

Piraeus Real Estate sells property with 528k euro capital gains

Piraeus Real Estate Investments S.A. announces that it sold a property located at 296, Kifisias avenue and Navarinou street in Chalandri, where a Piraeus Bank branch is housed, at the price of 2.900 thousand euro. The sale ... More

REIT Prime Property to invest 40 mln euro in Bulgaria sea resort

Real estate investment trust Prime Property BG said it will begin the construction of a gated resort north of the Lozenets area, in coastal municipality Tsarevo. The Coral Residence Resort will have a 40,407 sq m footprint ... More

New apartment complex opens in Bansko

Lucky Bansko is the name of the latest apartment complex to open in local ski resort Bansko. Irish, British and Russian buyers have already snapped up 70 of the 102 apartments on offer. The average price is around 1,800 euro/sq ... More

Gazit-Globe to build €100m Macedonia project

The company will build a mall, hotel, and office complex in Skopje. Gazit-Globe Ltd. subsidiary Gazit Israel (Development) Ltd. has bought a 10.5-acre lot in the Macedonian capital of Skopje for €19 million. The company ... More

"Soravia" buyes Olympic village

Austrian company “Soravia resort” is the new owner of the larger part of once Olympic village in Skopje. The Austrians have recently bought 19,000 square meters in which come the old houses and the hotel, while the ... More

Winslow and Deutsche Bank to build in Bankya

Real estate investment company Winslow Development and Deutsche Bank announced they would build a closed-type residential complex in Bankya near Sofia. Planned investment was worth 252 million leva, Dnevnik daily said. The ... More

Real estate investors' problems

In his talk at the Real estate and investment fair at Belgrade fair, Milan Parivodic, advisor to Serbian Prime Minister, estimated that the real estate market in Southeast Europ is expanding strongly. He pointed out that the ... More