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Kika to Build Second Bucharest Store
January 16, 2012, 14:03, (Property Xpress) - Three years after launching its first Romanian store in Bucharest, Austrian furniture retailer Kika is ...   read more
Design Competition Attracts Worldwide Interest to Create New Moscow Area
January 16, 2012, 13:52, (Property Xpress) - Architectural practices from Austria, Australia, China and Portugal have shown interest in the concept ...   read more
Developer Unfreezes Projects in Bulgaria, Romania
January 16, 2012, 12:54, (Property Xpress) - An international property developer said it is in the process of unfreezing two construction projects in Sofia ...   read more
YIT to Start New Construction Project in Russia
January 16, 2012, 12:23, (Property Xpress) - YIT Uralstroi , a subsidiary of Finland’s real estate developer YIT, has added a 0.6 ha site to its land ...   read more
Office Center Construction to Start in Macedonia
January 16, 2012, 12:00, (Property Xpress) - Construction of an office building will begin in the Skopje city center this spring. The property will have ...   read more
International Developer Acquires Land for Russian Shopping Mall
January 16, 2012, 11:26, (Property Xpress) - An international property investor and developer has acquired land for construction of a shopping and ...   read more
Montenegro Hotel to Open in 2013 after Extensive Renovation
January 16, 2012, 11:07, (Property Xpress) - A long-lasting construction project in Montenegro is to be commissioned by the 2013 summer season, the ...   read more
A1 Acquires Controlling Stake in Formula Kino Chain
January 16, 2012, 9:08, (Property Xpress) - Investment company A1 has acquired a 55.66 pct stake in Formula Kino cinema network. The company, which also ...   read more
H&M to Open Five Stores in Romania
January 16, 2012, 8:55, (Property Xpress) - Swedish retailer H&M, which has 11 stores in Romania, will open five more units this year, all outside ...   read more
BS Hospitality Management to Start Hotel Construction
January 16, 2012, 8:48, (Property Xpress) - Management company BS Hospitality Management has announced a tender for construction of the five star ...   read more
Gintasmont to Open Ramada Hotel in Montenegro
January 16, 2012, 8:36, (Property Xpress) - Podgorica-based Gintasmont Investment Construction and Trade (GICA), a subsidiary of Gintas Group Turkey, will ...   read more
North Caucasus Tourism Cluster to Spread over 300,000 Ha
January 13, 2012, 13:47, (Property Xpress) - The area of the North Caucasus tourism cluster will double to 300,000 ha. The new areas will include a ski ...   read more
Iulius Malls Register Slight Increase in Revenue
January 13, 2012, 13:27, (Property Xpress) - The four Iulius shopping malls in Romania, in Iasi, Cluj-Napoca, Timisoara and Suceava, owned by local ...   read more
Dyer Designs Mall Extension in Russia
January 13, 2012, 12:59, (Property Xpress) - British architectural practice Dyer Associates is creating the concept and scheme design for a 20,000 sq. m ...   read more
Developer Completes Office Deal in Bulgaria, to Launch Southeast Europe Real Estate Fund
January 13, 2012, 12:41, (Property Xpress) - A property developer active in Central and Eastern Europe has completed the sale of its stake in a Sofia ...   read more
Developer Prepares Ground for 300,000 Sq. m Housing Compound
January 13, 2012, 12:12, (Property Xpress) - A Russian property developer is preparing a 20 ha site for construction of a 313,000 sq. m integrated housing ...   read more
Macedonia to Sell Land in Skopje City Center
January 13, 2012, 11:07, (Property Xpress) - The Macedonian Ministry of Transport and Communications has announced the sale of two building plots in ...   read more
International Travel Retailer Extends Russian Operations
January 13, 2012, 10:35, (Property Xpress) - An international travel retailer has further expanded its Russian presence by acquiring 51 pct of a local ...   read more
Montenegro’s Voli Acquires Novito Chain
January 13, 2012, 10:03, (Property Xpress) - Montenegro’s largest trading company, Voli, has signed an agreement to take over local-based Novito chain of ...   read more
Billa Files Application with FAS to Acquire Moscow Stores
January 13, 2012, 9:11, (Property Xpress) - Austrian retailer Billa has filed an application with the Federal Antimonopoly Service of the RF (FAS) on ...   read more
Pre-lease Deals for 50 Pct of Ocean Plaza Mall Signed in Ukraine
January 13, 2012, 8:53, (Property Xpress) - More than 50 pct of the premises in Ocean Plaza shopping and entertainment center in Kiev have been pre-let, ...   read more
Auchan to Anchor Nizhny Novgorod Mall
January 12, 2012, 16:30, (Property Xpress) - French retail chain Auchan will become an anchor tenant at Rio shopping center in Nizhny Novgorod, due to open ...   read more
Retailer Closes Stores in Romania
January 12, 2012, 16:09, (Property Xpress) - A grocery retailer active in Romania has closed a number of stores throughout the country. At least 20 stores ...   read more
Romanian Tourism Project Attracts EUR 6.0 mln in Funding
January 12, 2012, 13:59, (Property Xpress) - A EUR 6.0 mln credit agreement to finance development of a comprehensive tourism and health resort in the ...   read more
Magnit Reports 42 Pct Increase in Sales in 2011
January 12, 2012, 13:34, (Property Xpress) - Russia’s largest retail chain by number of stores, Magnit, has published operating results for December and ...   read more



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