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.
Pan-European investor Bowery and real estate investor Alba join forces to acquire their first last-mile logistics asset in the Netherlands.
