Austria-based Meinl has entered Ukraine with the purchase of a 60,000 m[sup]2[/sup] shopping centre in Odessa, in the south of the country, for EUR 150 mln. The mall is scheduled for completion in the first quarter of 2009. The initial yield is slightly above 12%, the development company said in a press release.
International developer and asset holder Trei Real Estate has concluded 2024 with the opening of its 41st Vendo Park in Poland.
