October273334.jpg)
A Manx company which invests in property in Eastern Europe is hoping to raise 40 million euros in a rights issue to shareholders.
New Europe Property Investments says the rights issue is underwritten, and the cash will be used for further acquisitions and investments.
NEPI invests in office, retail and industrial property in central and eastern European countries.
It's listed on London's Alternative Investments Market as well as the South African and Romanian markets.
Isle of Man inflation holds steady at 2.8 percent in November
Food, hospitality and education costs continue to rise, while falls in energy prices help offset pressures
New Costa Coffee store opens on Peel Promenade
Based in the former Harbour Lights premises on Shore Road
Guinness strike won't affect Island's supply
Reassurance from Diageo ahead of Christmas
Tynwald backs amended motion to strengthen support for Manx produce
Supermarkets and government services expected to prioritise local food under Food Security Plan
