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Confort Enters Insolvency Proceedings
October 12, 2012, 12:08, (Property Xpress) - Romanian Confort construction company, part of Izometal Comfort group, controlled by Timisoara businessman ...   read more
Kesko to Open First St. Petersburg Grocery Store
October 12, 2012, 11:39, (Property Xpress) - Finnish Kesko is proceeding with plans to launch a grocery hypermarket chain in Russia. The company will open ...   read more
Echo Investment to Start Korona Mall Construction in H1’13
October 12, 2012, 11:06, (Property Xpress) - Poland’s real estate developer Echo Investment today announced signing an agreement with Romanian ...   read more
Moscow Gives Nod to Italian Quarter Project
October 12, 2012, 10:43, (Property Xpress) - The Urban Land Commission of the Government of Moscow has approved the issuance of a GPZU plan for a 2.45 ha ...   read more
Landmark Adriatic Coastal Hotel up for Sale
October 12, 2012, 10:13, (Property Xpress) - A historic property, considered one of the most luxurious hotels on the Adriatic coast, is for sale. Hotel ...   read more
Moscow Allocates Land for Hotels
October 12, 2012, 9:19, (Property Xpress) - At its October 11 session, the Urban Land Commission of the Government of Moscow decided to provide ...   read more
BIG CEE Opens First Serbian Retail Project
October 12, 2012, 8:57, (Property Xpress) - Israeli company BIG CEE yesterday opened the first stage of its 40,000 sq. m retail project in Novi Sad, ...   read more
50,000 Sq. m Shopping Mall Opening Planned for Russia
October 12, 2012, 8:31, (Property Xpress) - A 50,000 sq. m shopping and entertainment center is scheduled to open in summer next year in the Russian port ...   read more
Construction of Bucharest Social Housing Project to Start in 2013
October 12, 2012, 8:07, (Property Xpress) - Construction of ANL social housing complex on the glucose factory site in Bucharest is scheduled to begin in ...   read more
New Hotel Projects Planned for Ufa
October 11, 2012, 16:18, (Property Xpress) - The Bashkir government has announced it will provide tax breaks and other benefits to developers who will ...   read more
Romanian Shopping Mall to Open in January
October 11, 2012, 15:51, (Property Xpress) - A Romanian shopping and entertainment center is scheduled to open in January next year, following a EUR 30 mln ...   read more
Italian Firm Starts Retail Center Construction in Russia
October 11, 2012, 13:46, (Property Xpress) - An Italian company, which has signed a preliminary agreement to build a retail and office center in the ...   read more
EUR 8.0 mln Construction Contract Awarded in Serbia
October 11, 2012, 13:06, (Property Xpress) - A Serbian wholesale market operator has selected a general contractor to develop a 10,400 sq. m cold storage ...   read more
Swissotel Stops Negotiations on St. Petersburg Hotel Opening
October 11, 2012, 12:52, (Property Xpress) - Swissotel Hotels & Resorts and Baltic International Investment Company have decided to stop negotiations on ...   read more
Tishman International Opens 17,500 Sq. m Sofia Office Building
October 11, 2012, 12:25, (Property Xpress) - U.S.-based Tishman International has officially opened an A-class office building as part of their Sofia ...   read more
Legenda to Pour RUB 1.5 Bln into St. Petersburg Housing Project
October 11, 2012, 11:24, (Property Xpress) - Legenda group of companies, founded by Vasily Selivanov, a former top manager at Setl Group, is planning to ...   read more
Intersport Opens 600 Sq. m Store in Romania
October 11, 2012, 11:07, (Property Xpress) - Intersport, the largest chain of multi-brand sporting goods stores in Romania, has opened its first store in ...   read more
Sky Tower to Add 41,000 Sq. m of New Bucharest Office Space
October 11, 2012, 10:26, (Property Xpress) - Sky Tower, an investment of over EUR 100 mln, is bringing 41,200 sq. m of rentable area to the Bucharest ...   read more
Surgut City Mall Launch Planned for November
October 11, 2012, 10:02, (Property Xpress) - Surgut City Mall shopping center will open to the public on October 26, while its official launch is scheduled ...   read more
IKEA to Open First Russian Standalone Store in 2015
October 11, 2012, 8:35, (Property Xpress) - IKEA’s first standalone furniture store in Russia will appear in 2015, on Moscow Ring Road, Head of ...   read more
Ukrainian Pharmaceutical Firm to Build Plant near Kiev
October 11, 2012, 8:10, (Property Xpress) - Shareholders of a leading Ukrainian manufacturer of medical products have sold a stake in the company to raise ...   read more
Monolitholding to Pour RUB 20 Bln into Krasnoyask-City Scheme
October 10, 2012, 16:17, (Property Xpress) - Monolitholding will invest about RUB 20 mln to develop its Krasnoyask-City residential and business district ...   read more
Severo-Zapad Invest Teams up with Japanese Firm for USD 9.0 Bln Project
October 10, 2012, 16:04, (Property Xpress) - Development company Severo-Zapad Invest, a subsidiary of Novatek group, will invest about USD 9.0 bln in its ...   read more
Domino’s Pizza Debuts in Macedonia
October 10, 2012, 15:40, (Property Xpress) - US-based restaurant chain Domino’s Pizza has opened its first store in Macedonia, in the capital city of ...   read more
Crocus Group Borrows RUB 7.0 Bln for Moscow Shopping Scheme
October 10, 2012, 15:24, (Property Xpress) - Sberbank, CIB and Crocus Group have signed a RUB 7.0 bln credit agreement. Proceeds from the 10-year loan will ...   read more



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