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Five Star Hotel Construction Starts in Russia
February 29, 2012, 12:09, (Property Xpress) - Construction of a five star hotel has begun in Russia. The 159-room property will be run under the Sheraton ...   read more
ITT-Plaza Reports Loss in 2011
February 29, 2012, 11:29, (Property Xpress) - Kiev-based ITT-Plaza, a member of ITT group of companies, posted a UAH 2.23 mln net loss in 2011 against net ...   read more
Krispy Kreme Chain to Enter Russia
February 29, 2012, 10:58, (Property Xpress) - International chain of doughnut stores Krispy Kreme is entering the Russian market. Restaurateur Arkady ...   read more
Nomos-Bank Lends RUB 1.0 Bln to Development-Yug
February 29, 2012, 10:12, (Property Xpress) - Nomos-Bank has provided the first tranche, of RUB 94.3 bln, to Development-Yug to complete its Cheryomushki ...   read more
Ivano-Frankovsk Allocates Land for Industrial Facility
February 29, 2012, 9:54, (Property Xpress) - Ivano-Frankovsk City Council has decided to allocate about 15 ha of land in Hryplinsky industrial hub to ...   read more
Moscow Department Store Changes Owners
February 29, 2012, 9:25, (Property Xpress) - Univermag Moskva, owner of ‘Moscow’ department store in the Russian capital, has a new owner. A 90 pct ...   read more
Croatian Firm Invests HRK 90 mln in Hotel Renovation
February 29, 2012, 9:02, (Property Xpress) - A Croatian hotel owner and operator has entered into a third investment cycle related to renovation of its ...   read more
US Firm to Set up USD 100 mln Russia Manufacturing Unit
February 28, 2012, 17:08, (Property Xpress) - A U.S.-based corporation has unveiled plans to spend USD 100 mln to build a manufacturing facility in Russia. ...   read more
Shopping Mall Construction in Zagreb Temporarily Stopped
February 28, 2012, 16:31, (Property Xpress) - Construction work on a shopping and entertainment center in the Croatian capital stopped last week. According ...   read more
Fond RGS to Auction Land in Moscow Region
February 28, 2012, 15:21, (Property Xpress) - Russia’s federal fund to promote housing construction (Fond RGS) will hold an auction on March 29, to lease ...   read more
Croatian State-Owned Firm to Sell Tourist Village
February 28, 2012, 15:03, (Property Xpress) - A Croatian hotel management company has announced it has scheduled an auction for March 23 to sell its Bon ...   read more
St. Petersburg Developer Seeks to Buy Land for Housing
February 28, 2012, 14:41, (Property Xpress) - A St. Petersburg-based company is considering purchasing a land area of 1.0 ha within the city boundaries, ...   read more
Shopping Mall Site Sold for USD 2.0 mln in Ukraine
February 28, 2012, 13:58, (Property Xpress) - A 7.0 ha site in Ukraine, designated for construction of a shopping and entertainment center, has been sold ...   read more
St. Petersburg Hilton Hotel Project Still in Question
February 28, 2012, 13:41, (Property Xpress) - The Kesco’s project to build a Hilton hotel on 5, Malaya Morskaya Street in St. Petersburg is still in ...   read more
Felinvest Resumes Work on Cluj-Napoca Real Estate Project
February 28, 2012, 13:06, (Property Xpress) - Romanian Felinvest will resume its real estate project on the site of the former Feleacul factory in ...   read more
Industry Park East to Build Industrial Park in Leningrad Region
February 28, 2012, 12:13, (Property Xpress) - Finland’s Industry Park East Management, whose shareholders are Konecranes, and Rautaruukki, has signed a ...   read more
Inditex to Open First Bosnia Stores
February 28, 2012, 11:59, (Property Xpress) - Spanish fashion retail group Inditex will open its first stores in Bosnia Herzegovina in late March. Bosnia is ...   read more
Billa Gets Green Light to Acquire Citystore Retail Chain
February 28, 2012, 11:01, (Property Xpress) - The Federal Antimonopoly Service of the RF (FAS) has allowed Austrian retailer Billa to buy Citystore retail ...   read more
PPCA to Announce Bidding for Appraisal Services
February 28, 2012, 10:46, (Property Xpress) - The Bulgarian Agency for Privatization and Post Privatization Control (PPCA) will soon open a bidding process ...   read more
PPF in Talks to Take Rostelecom Real Estate Assets under Management
February 28, 2012, 10:14, (Property Xpress) - Czech group PPF is negotiating with Rostelecom to take a part of its non-core real estate assets under ...   read more
Update: Cinema City Leases Space at Kiev Shopping Mall
February 28, 2012, 9:54, (Property Xpress) - Israeli-based Cinema City International, operating multiplex and IMAX cinemas in both Israel and Europe, plans ...   read more
Siberian Business Union to Build Hotel in Kemerovo
February 28, 2012, 9:19, (Property Xpress) - Holding company Sibirskiy Delovoy Souz (Siberian Business Union SBU) is planning to build a four-star hotel on ...   read more
Mercator Reports Profit Decrease in 2011
February 28, 2012, 9:05, (Property Xpress) - Slovenian Mercator Group said it recorded a 5.3 pct increase in 2011 sales, to EUR 2.9 bln, while the ...   read more
Shopping Mall Construction Resumed in Russia
February 27, 2012, 17:16, (Property Xpress) - Construction of a 140,000 sq. m shopping and entertainment center project, estimated at RUB 5.6 bln, has been ...   read more
Serbian Retail Scheme to Open in September
February 27, 2012, 16:34, (Property Xpress) - Israeli developer BIG CEE intends to open its first retail park in Serbia in September this year, Branimir ...   read more



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