Wal-Mart Close to Acquire Lenta Retail Chain
April 12, 2010, 7:05, (Property Xpress) - US Wal-Mart continues to negotiate the purchase of St. Petersburg retail chain Lenta. According to a Lenta ...   read more

LEK to Commission 160,000 Sq. m of Housing in 2010
April 09, 2010, 12:56, (Property Xpress) - LEK plans to commission 160,000 sq. m of housing estate in 2010, including Diadema project, the first phase of ...   read more

X5 Retail Group Posts 20 Pct Sales Increase in Q1’2010
April 09, 2010, 12:26, (Property Xpress) - Russia’s largest retailer in term of sales, X5 Retail Group, said its Q1’2010 net sales increased by 20 ...   read more

Russian H&M Division Reports USD 18.5 mln Turnover for Q1’10
April 09, 2010, 11:39, (Property Xpress) - Swedish retailer Hennes & Mauritz AB (H&M) registered SEK 134 mln (USD 18.5 mln) in sales in the first quarter ...   read more

Moscow Prolongs Completion of 86,000 Sq. m Mixed-use Center
April 09, 2010, 10:40, (Property Xpress) - Moscow city authorities have prolonged the completion term of the second stage of the mixed-use center Capital ...   read more

VTB North-West Bank Sells Ozero Zerkalnoe Boarding-House
April 09, 2010, 10:11, (Property Xpress) - VTB North-West Bank has sold the Ozero Zerkalnoe boarding house to Rusfinstroy for RUB 180 mln (USD 6.15 mln), ...   read more

Subway in Russian Expansion Mode
April 09, 2010, 9:24, (Property Xpress) - Fast-food chain Subway, operating more than 32,600 franchise locations worldwide, plans to open 150-160 ...   read more

VTB Signs USD 80 mln Loan with Russian Developer
April 09, 2010, 8:47, (Property Xpress) - Russia’s state-controlled VTB Bank, holding controlling stakes in Sistema-Hals, has concluded a USD 80 mln ...   read more

Orco Sells Otrada Project in Russia
April 09, 2010, 8:08, (Property Xpress) - After having withdrawn from the acquisition of Filion shopping center in Moscow, Luxembourg-based Orco ...   read more

Renova Stroy Group Resumes Perm Residential Project
April 08, 2010, 14:38, (Property Xpress) - The Perm branch of the federal developer Renova Stroy Group has resumed construction of its residential ...   read more

21,600 Sq. m Shopping Center in Krasnogorsk Put on Sale
April 08, 2010, 12:53, (Property Xpress) - A 21,600 sq. m shopping center in the town of Krasnogorsk, Moscow region will be auctioned in late May at a ...   read more

Michaniki Proceeds with Ukrainian, Russian Projects
April 08, 2010, 12:24, (Property Xpress) - Greek construction group Michaniki will proceed with its three ongoing projects in Russia and Ukraine this ...   read more

USD 100 mln Logistics Center Planned for Russia
April 08, 2010, 11:10, (Property Xpress) - A USD 100 mln logistics center project, to be located in a Russian Black Sea port city, is presently being ...   read more

Architectural Competition to be Announced for USD 170 mln Mixed-use Center
April 08, 2010, 10:03, (Property Xpress) - An architectural competition will be announced for a USD 170 mln multi-purpose center in the Russian city of ...   read more

Department Store to Open in St. Petersburg in 2010
April 08, 2010, 8:53, (Property Xpress) - Reconstruction work will be completed on a department store in the Russian city of St. Petersburg in June ...   read more

MDM Bank Takes Controlling Share in Tehnosila
April 08, 2010, 8:07, (Property Xpress) - Structures affiliated with the Russian MDM Bank will take a controlling stake in the Tehnosila network and its ...   read more

Sberbank to Dispose of Non-Core Assets in 2010
April 07, 2010, 12:53, (Property Xpress) - In 2010, Russian savings bank Sberbank plans to dispose of all its non-core assets transferred to the bank as ...   read more

Forum to Build Hotel on Ligovsky Prospect in St. Petersburg
April 07, 2010, 10:50, (Property Xpress) - Russian company Forum will develop a hotel on an 840 sq. m lot on Ligovsky Prospect in St. Petersburg. ...   read more

Krasnodar to Auction 433 Ha of Land
April 07, 2010, 9:45, (Property Xpress) - The State Property Fund of Krasnodar Region will auction a 49-year land lease right over a 433.37 ha lot in ...   read more

Sheremetyevo to Select Consultant in April
April 07, 2010, 8:56, (Property Xpress) - In April, Russian Sheremetyevo Airport will select a consultant to write the strategy of the airport and find ...   read more

Sberbank Leases 5,700 Sq. m at Palladium Business Center
April 07, 2010, 7:43, (Property Xpress) - The Ural Bank of Sberbank of Russia has become an anchor tenant of the A-class business center Palladium in ...   read more

Nokia-Siemens Leases Space at Stanislavsky Factory
April 06, 2010, 15:04, (Property Xpress) - The developer of Stanislavsky Factory business center in Moscow, Horus Capital, and Nokia-Siemens have signed ...   read more

Lotte Shopping to Pursue Growth Opportunities in Russia
April 06, 2010, 14:09, (Property Xpress) - Lotte Shopping Co., part of Lotte Group, one of the biggest financial and industrial groups in South Korea, ...   read more

Castorama Launches 13th Russian Hypermarket
April 06, 2010, 13:06, (Property Xpress) - International DIY network Castorama has opened its first hypermarket in the Urals, in Perm. The company’s ...   read more

Alliance Receives 1,180 Sq. m Site for Hotel Development
April 06, 2010, 12:04, (Property Xpress) - Russian company Alliance intends to build a hotel on a 1,180 sq. m lot on Rasstannaya Street in St. ...   read more