07-08-08 23:29 GMT
News by region

ARC Global Funds Land Acquisition in Bulgaria
Kuwait-based Injazzat Real Estate Development Company K.S.C., through ARCELAND, a JV between ARC Global Partners and Euro Capital, plans to implement ...
RAINCO to Develop USD 240 mln Projects in Krasnodar Region
Russian-Asian Investment Company (RAINCO) said its subsidiaries agro holding Kuban and RuDevelopment will invest a total of USD 240 mln in southern Kr...
French Discounter Auchan Anchors in Yekaterinburg
French discounter chain Auchan has signed a 24-year contract for its third store in Yekaterinburg. The store will spread on 19,448 sq. m in the shoppi...
Update: US Investor Opens European Office to Target SEE Countries
As Property Xpress indicated on July 11, 2008, Ben Maudling, formerly of INVESCO Real Estate, managing partner of Taurus’ new Prague-based office, h...
Strazhi Urala Ready to Start Building of High-altitude Complex
Russian developer Starzhi Urala (Guards of Urals) is preparing the site for construction of a multipurpose high-altitude complex with same name in Yek...
Oasis Center in Khmelinitski Fully Leased
The shopping and entertainment center Oasis in Khmelinitski, Ukraine, has been 100 pct preleased three months before its opening, Ukrainian Trade Guil...
BenchMark Fund Borrows EUR 25 mln
The BenchMark REIT has received a EUR 25 mln loan from the National Bank of Greece for implementing its projects in the pipeline including constructio...
Eurasia Logistics Signs Lease Contracts for 50,000 sq. m in St. Petersburg
One of the Russia’s biggest logistics park developers, Eurasia Logistics, has signed several lease contracts for a total of 50,000 sq. m in its Kolp...
Herz Group to Develop Sports and Entertainment Center in Mariupol, Ukraine
Donetzk-based investment and construction player Herz Group will develop a 91,000 sq. m sports and entertainment center, called Mariupol City, in Mari...
Israeli Investor to Pour USD 1.6 bln in Russia
A new Israeli real estate development company will enter the Russian market by investing USD 1.6 bln in 21 projects, mainly near capital Moscow. Engel...
Russian Gloria Jeans Extends Its Network in Ukraine and Russia
Gloria Jeans Corporation, one of Russia’s largest garment producers, opened last month twenty stores and extended its own retail chain to 153 outlet...
Stake in Hyatt Regency Belgrade Acquired for EUR 6.5 mln
The Greek company, dealing with establishment, operation and management of hotel complexes in the Balkans, Lampsa Hellenic Hotels S.A., has announced ...
Jones Lang LaSalle Leases 50,000 Sq. m to Russian Oil Major
Jones Lang LaSalle has announced a Russian oil major has become the anchor tenant for the first stage of Western Gate Business Park with about 50,000 ...
Atrium Centers Announces Second Tender
Atrium Centers intends to conduct a new tender for selecting contractor for its real estate project in Cluj after initial bids were 30-50 pct higher t...
Mirax Group and Inteco Win Tender for 674.3 ha Scheme in Moscow
Russian Engineering Energy Network Company (RIESK), founded by Mirax Group and Inteco, have won the tender for the development of 674.3 ha in Moscow, ...
Tagor Capital to Co-Finance Residential Projects in Romania
Israeli developer Tagor Capital together with British fund Patron Capital will invest over EUR 300 mln in development of 4,500 apartments in Timisoara...
Korean Shin Chang to Build New City Council in Russia’s Kaluga
South Korean company Shin Chang Construction will develop the new building of the city council in Kaluga, the city authorities said. The project cal...
50 Pct Share in Moscow-based Radisson Hotel Acquired
A Russian company has acquired a 50 pct stake in Radisson SAS Slavyanskaya in Moscow form Hotel Invest, hotel’s general manager Gurami Dzhavanadze s...
Praktiker Ukraine Plans Network Extension
German retailer Praktiker, one of Europe’s biggest DIY chains, aims to reach a network of 25 outlets in Ukraine by opening three to five stores per ...
Green Light for Delhaize to Acquire La Fourmi in Romania
Romanian Council of Competition has allowed Delhaize Netherland BV, the operator of the Mega Image stores, to take over La Fourmi Company and its subs...
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