Italy's Gruppo Bernardi said it plans to invest EUR 250 mln in the development of a shopping centre in Pecinci, in northern Serbia. The mall, which will be named Città Italiana, will include a shopping area, a retail outlet and a hotel with a playground for kids. CEO Riccardo di Tommaso said that the centre is scheduled to open its doors in December 2010.
Swiss real estate group Investis has boosted its real estate holdings with the CHF 139 mln (€149 mln) purchase of prime residential properties in Vaud canton.
