Tag Archives: eastern europe

Keller Williams expands into Guyana amid record global growth

AUSTIN, Texas–(BUSINESS WIRE)–Keller Williams (KW), the world’s largest real estate franchise by number of agents, continues to grow rapidly across the globe. As of December 31, 2021, KW increased sales volume by 88.7% outside the United States and Canada to $12.1 billion, compared to YE ’20. “We closed 2021 with …

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The best time to use your points and airline miles

Frances Meredith of Raleigh, North Carolina, used an American Airlines-branded credit card for everything from groceries to medical expenses during the pandemic, racking up points with nowhere to spend them. It meant she had a lot to redeem when her family of four decided it was time for a winter …

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Israeli investor buys Delta City Mall Podgorica in Montenegro for 95 million euros

PODGORICA (Montenegro), February 22 (SeeNews) – Israeli company BIG Shopping Centers has announced that it has signed an agreement to acquire Delta City Mall Podgorica in Montenegro for 95 million euros ($108 million). BIG Shopping Centers will acquire the company through CEE-BIG BV, a company in which it has a …

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Miloš Pušić’s Working Class Serbian Heroes: A Call to Battle

Small, low-budget productions often provide a better insight into current realities than the multimillion-dollar projects celebrated each year at the Berlin International Film Festival (the Berlinale). This year, in particular, a striking contradiction was apparent. Taking its lead from the German government, Berlinale management insisted on the in-person festival despite …

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Bear feeders in the Balkans

Russia’s threats against Ukraine have revealed its sympathizers in southeastern Europe. They are numerous. Croatian President Zoran Milanovic, a NATO head of state, said last week that Ukraine should not be allowed to join the alliance. In his words, Ukraine is one of the most corrupt countries in Europe, and …

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JULIUS MEINL LIVING LAUNCHES THE “JULIUS” BRAND AND UPDATES ITS PROPERTIES

Julius Meinl Living PLC, through its group companies, acquires prime real estate assets to be developed into serviced residences which the group will then operate itself (“Julius Meinl Living”). 2021 continued to provide a challenging environment for the hospitality industry. While Covid-related travel restrictions have been relaxed throughout the year, …

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Air Serbia reaffirms its hub strategy at Belgrade airport

Summary Strong growth in traffic before the pandemic had been reported at Belgrade airport. Passenger capacity is approaching 2019 levels, but cargo volume is lagging behind. The impact of CCV was moderate. Political decisions may have to be made regarding the future direction of the country. Ambiguity remains over a …

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The best RFE / RL surveys of the year

There is a problem with the remote and sprawling network of pipelines and pumping stations that helps Russia move its vast oil resources, making it the world’s second-largest exporter of crude. People are stealing oil. And it’s not just ordinary citizens: they are sophisticated organized criminal groups, operating under the …

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An overview of the reports from Pandora Papers from Eastern Europe

Offshore financial activities linked to prominent politicians, state-owned companies, trade deals with the government, and lucrative real estate all featured prominently in Pandora Papers reporting by journalists from Eastern Europe. – a region which faces some of the most serious threats to press freedom in the world. The Pandora Papers …

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GTC’s 9-month gross margin on Sofia portfolio decreases and revenues increase

SOFIA (Bulgaria), Nov. 23 (SeeNews) – Polish property developer Globe Trade Center (GTC) said its portfolio in the Bulgarian capital Sofia generated a gross margin of 6.6 million euros (7.5 million euros). dollars) in the first three quarters of 2021, slightly lower than the 6.7 million euros in the same …

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Investment shows signs of improvement

GTC Green Heart in Belgrade. Global commercial real estate company Avison Young reported an investment volume of 4.2 billion euros for the first half of the year in the Czech Republic, Hungary, Poland, Romania and Slovakia. The consulting firm recorded € 2 billion in Poland alone. This follows the pattern …

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Remote work increases the need for flexibility in real estate

Covid19 has changed our daily life and the way we work, increasing remote working, which seems here to stay but at the same time many companies are looking for larger spaces for employees to return to the office safely. The impact of teleworking on real estate was discussed during the …

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Montenegro set to experience highest level of economic growth in emerging Europe

Montenegro and Moldova will experience the highest levels of economic growth in emerging Europe in 2021, but the outlook is positive across the region. The Vienna Institute for International Economic Studies (wiiw) expects the economies of emerging European countries to grow 5.4% this year. Its fall economy forecast, released on …

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Keller Williams Reports Record Increase in Sales Outside of US and Canada | National company

AUSTIN, Texas – (BUSINESS WIRE) – October 19, 2021– Keller williams (KW), the world’s largest real estate technology franchise by agent count, continues to grow rapidly across the globe. As of September 30, KW had more than doubled its sales volume outside the United States and Canada to $ 8.6 …

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The elite of emerging Europe and the Pandora Papers

More than a few political leaders in Central and Eastern Europe have been embarrassed by the leak of the Pandora Papers. On October 3, the International Consortium of Investigative Journalists (ICIJ) released 11.9 million leaked financial documents, exposing the offshore secret accounts of 35 world executives and 100 billionaires, celebrities …

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STOP SHOP’s Serbian portfolio has reached 100% occupancy: fully leased business parks at 14 sites

The Austrian company IMMOFINANZ has just rented the last free accommodation in its Serbian STOP SHOP portfolio, reaching an occupancy rate of 100%. The new and last tenant is DexyCo at STOP SHOP Borča. IMMOFINANZ, the leading listed commercial real estate investor in Central and Eastern Europe, now has approximately …

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Green, Conservative candidates team up to defeat Orbán – EURACTIV.com

The Capitals brings you the latest news from across Europe, through on-the-ground reporting by EURACTIV’s media network. You can subscribe to the newsletter here. Before you start reading today’s edition of the Capitals, don’t hesitate to take a look at the leak before the Western Balkans summit “EU leaders reaffirm …

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The Arena Hospitality in Croata buys a hotel in Austria for 112 million kuna (15 million euros)

ZAGREB (Croatia), September 28 (SeeNews) – Croatian hotel operator Arena Hospitality [ZSE:ARNT] announced on Tuesday that it had signed an agreement to purchase a 4-star mountain hotel in Austrian Carinthia for 112 million kuna ($ 17.4 million / € 14.9 million) from K1 Hotelerrichtungs, which makes part of the Austrian …

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GEK TERNA Real Estate Construction SA: Strategic partnership between TERNA ENERGY and TITAN Cement Group to invest in waste treatment

Press release September 23, 2021 Strategic partnership between TITAN Cement Group and TERNA ENERGY invest in waste treatment TITAN Cement Group and TERNA Energy, as a joint venture, will participate in the public tender process for PPPs of mechanical and biological waste treatment (MBT) plants in Attica and Central Macedonia. …

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Hyprop advances its strategy

Hyprop Investments, a JSE-listed real estate investment company, said it made good progress in executing its strategy for the fiscal year ended June 30. It made progress on all its priorities, in particular strengthening the balance sheet, advancing the implementation of its non-tangible strategy with the successful opening of the …

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Cushman & Wakefield named world’s top real estate advisor and consultant by Euromoney for fourth consecutive year

CHICAGO–(COMMERCIAL THREAD) – Cushman & Wakefield (NYSE: CWK) today announced that the firm has been named the world’s top commercial real estate advisor and consultant for the fourth year in a row by Euromoney’s 2021 annual survey of global real estate . Globally, Cushman & Wakefield has also been ranked …

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The booming real estate market in the EEC leaves a lot out

House prices are rising across central and eastern Europe. Where does that leave young people looking to buy their first home and those in need of social housing? According to the European Union’s statistics department, Eurostat, house prices and rents have increased to varying degrees across Europe despite the Covid-19 …

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Polish company GTC plans to develop new office building in Sofia

SOFIA (Bulgaria), Aug. 25 (SeeNews) – Polish property developer Globe Trade Center (GTC) has announced its intention to develop a new office building with a leasable area of ​​9,200 m² in the Bulgarian capital Sofia. GOC EAD, registered in Bulgaria, a 100% subsidiary of GTC, acquired on June 1 a …

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Croatia’s Balkanization and Capitalization – People’s World

The waterfront and hotels for foreign tourists in Opatija, Croatia, on its beautiful Adriatic coastline. Darko Bandic | PA It is today one of the flagships of world tourism. The Dalmatian coast of the still newly formed country of Croatia is back with tourist figures this summer starting to reach …

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Energy cooperatives offer strong returns on investment in small solar power plants

Since benchmark interest rates are close to zero or even negative, it doesn’t make sense to save your money in the bank. Energy communities across Europe are launching projects to build small solar power plants in which people can safely invest very small sums while achieving relatively high profits. As …

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bne IntelliNews – Serbian central bank raises GDP growth forecast for 2021

The National Bank of Serbia (NBS) has raised its forecast for the country’s GDP growth this year to 6.5%, from 6% in May. While it has contracted in the last three quarters of 2020, the impact of the coronavirus pandemic on Serbia’s economy has been relatively moderate compared to others …

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bne IntelliNews – BRICKS & MORTAR: Residential property markets rebound in South-Eastern Europe

Residential markets in Southeastern Europe have recovered strongly since the start of the coronavirus pandemic (COVID-19), although prices remain the lowest in Europe, according to a report from Deloitte. Most markets in the region experienced a dramatic slowdown in activity during the initial spring closings, but this was followed by …

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GTC relies on greener financing

After its successful 500 million euro green bond issue, the divestiture of its Serbian portfolio and a number of acquisitions in Budapest, Eurobuild CEE interviewed Globe Trade Center chairman Yovav Carmi and CFO Ariel. Ferstman, on the company’s post-pandemic plans. Your recent 500 million euro green bond issue, I believe, …

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Made in Emerging Europe: SonarHome, Atelier MVP, LabShare

The start-up scene in emerging Europe is flourishing: new money is constantly pouring into the market. To keep you up to date with the latest investments, innovations, engines and shakers, every Monday Emerging europe offers you a practical overview of start-ups in the region that have closed funding rounds in …

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Hungarian group Indotek accepts purchase of Belgrade office portfolio

The GTC FortyOne II building, part of the Belgrade office portfolio acquired by the Hungarian-American group Indotek. Regional developer and investor GTC has reached an agreement to sell its Belgrade office portfolio to Hungarian investor Indotek Group. The proposed acquisition price is € 267.6 million. The agreement will cover the …

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EBRD invests € 42.5 million in CTP’s Green Eurobond to support expansion in Romania and Serbia

BUCHAREST (Romania), June 23 (SeeNews) – The European Bank for Reconstruction and Development announced on Wednesday that it is investing 42.5 million euros ($ 50.7 million) in the euro issue. € 500 million green bonds from Czech property developer CTP to support CTP’s expansion in Romania, Serbia and three other …

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A pandemic has led to the warehouse boom in southeastern Europe

Like others in the industry, the Dutch group Raben has seen growing interest from companies seeking to establish supply chains close to key Western European markets to avoid costly disruptions such as those caused by COVID. -19. Private group Raben – which operates in 13 European countries serving industries such …

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Serbian antitrust body clears acquisition of Napred 41 by Polish GTC

BELGRADE (Serbia), June 3 (SeeNews) – The Serbian competition authority has announced that it has authorized Polish property developer Global Trade Center (GTC) to acquire Napred 41, which holds the long-term right to lease 19,500 square meters in the New Belgrade District Zone of block 41. By purchasing Belgrade-based Napred …

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China seeks support from Poland, Serbia after EU deal freezes

(Bloomberg) – China and the European Union are partners, not competitors, and cooperation will help both sides, Chinese Foreign Minister Wang Yi told his Polish counterpart as the Asian nation seeks support after the suspension of an investment agreement with the bloc. Polish Foreign Minister Zbigniew Rau said his country …

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Polish company GTC agrees to sell its office portfolio in Belgrade for 268 million euros

BELGRADE (Serbia), May 26 (SeeNews) – Polish property developer Global Trade Center (GTC) has agreed to sell its Belgrade office portfolio to Hungarian investor Indotek Group for € 267.6m (€ 327.7m) million dollars), he announced. The agreement covers the sale of 11 buildings in five business parks – Green Heart, …

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GTC sells 11 office buildings in Belgrade to Hungarian investor Indotek

Globe Trade Center (GTC) has decided to sell its Belgrade office portfolio to Hungarian investor Indotek Group. The proposed acquisition price is € 267.6 million, exceeding the book value of GTC’s portfolio in Serbia as at December 31, 2020. The agreement will relate to the sale of 11 buildings within …

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