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Update: US Firm to Set up USD 100 mln Russia Manufacturing Unit
March 09, 2012, 9:02, (Property Xpress) - A U.S.-based corporation has announced it will spend USD 100 mln to build a manufacturing facility in Russia ...   read more
Dedeman to Start Construction of Next Romania Store
March 09, 2012, 8:59, (Property Xpress) - Romanian, Bacau-based DIY chain Dedeman, controlled by Adrian and Dragos Paval, will open a store in Slatina ...   read more
Corporate Commercial Bank Acquires Stake in Hotel Company
March 09, 2012, 8:14, (Property Xpress) - Bulgarian Corporate Commercial Bank will participate in the capital increase of Sana Space Hotel Hissar AD, ...   read more
Location Determined for First Technology Park in Sofia
March 09, 2012, 7:44, (Property Xpress) - The first science and technology park in Bulgaria will be built in Sofia, in the 4th km location. The project, ...   read more
Raiffeisen Evolution Invests EUR 150 mln in Bucharest Mall
March 08, 2012, 13:44, (Property Xpress) - Investment in Promenada shopping center will reach about EUR 150 mln, according to representatives of Austrian ...   read more
Developer Raises USD 80 mln in Loan Finance
March 08, 2012, 13:20, (Property Xpress) - The Credit Bank of Moscow will provide a two-year USD 80 mln loan facility to the Russian real estate ...   read more
Three Croatia Hotels to Open after Extensive Renovation
March 08, 2012, 13:02, (Property Xpress) - A Netherlands-based hotel group said it is planning to complete renovation of three properties on the Croatian ...   read more
Irkutsk Hotel Building Sold at Auction
March 08, 2012, 12:22, (Property Xpress) - A hotel building in the center of Irkutsk was sold at auction in late February. The auction winner is OOO ...   read more
High-Rise Residential Compound Planned for Bucharest
March 08, 2012, 12:05, (Property Xpress) - A new residential complex, including four blocks of 30 floors, three 25-story buildings, underground parking, ...   read more
Shopping Center to Replace Former Department Store in Russia
March 08, 2012, 11:27, (Property Xpress) - Demolition work on the site of a former department store has begun today in Russia. On March 7, co-founders of ...   read more
Macedonia Sells Land for Housing Development
March 08, 2012, 10:35, (Property Xpress) - Macedonia will gain around EUR 3.3 mln from the last sale of construction land in Skopje’s Aerodrom ...   read more
Hotel Auction Scheduled for April
March 08, 2012, 10:18, (Property Xpress) - The Auction House of the Russian Federation (AHRF) will hold an auction on April 25 to sell 100 pct of OOO ...   read more
Mercator Plans Supermarket Openings in Bulgaria
March 08, 2012, 9:55, (Property Xpress) - Slovenian retail chain Mercator plans to open new Roda supermarkets in Bulgaria this year, according to the ...   read more
OPIN to Enter into JV for Moscow Suburban Development
March 08, 2012, 9:23, (Property Xpress) - Russian real estate developer Open Investments (OPIN), controlled by structures of Mikhail Prokhorov’s ...   read more
Insolvency Claim Filed against Universul Printing House Owner
March 08, 2012, 9:05, (Property Xpress) - Jonathan Mann, an American investor, announced major development plans for projects in Romania during the ...   read more
Nash Gorod to Pour RUB 4.0 bln in Krasnodar Housing
March 07, 2012, 15:58, (Property Xpress) - Investment and construction company Nash Gorod, part of OBD group, has signed a RUB 4.0 bln investment ...   read more
Businessman to Dispose of 4.0 Ha Site Suitable for Retail Center
March 07, 2012, 15:50, (Property Xpress) - A Russian businessman is willing to dispose of non-core assets to pay off debts of his enterprises. According ...   read more
Polygraphia Office Center Opens in Sofia
March 07, 2012, 15:19, (Property Xpress) - Polygraphia office center, an A-class business facility on Sofia’s Tsarigradsko Shosse, was officially ...   read more
Mixed-use Scheme to Replace Moscow Industrial Area
March 07, 2012, 14:57, (Property Xpress) - Russian TEN Group of companies has presented its plans to develop 500,000 sq. m of housing in the east of the ...   read more
Major Developers Face Insolvency in Romania
March 07, 2012, 13:57, (Property Xpress) - Avrig 35, one of the largest Romanian real estate developers, currently has four projects under insolvency ...   read more
Hyatt Adds Moscow Hotel to Russian Portfolio
March 07, 2012, 13:29, (Property Xpress) - Hyatt Hotels Corporation and VTB Arena Park today announced signing an agreement on the management of Hyatt ...   read more
Water Park Project Planned for Croatia
March 07, 2012, 13:04, (Property Xpress) - A large water park project is planned to be carried out on the left Drava River bank, near Osijek by summer ...   read more
PIK Group to Develop Housing Compound in Downtown Moscow
March 07, 2012, 12:30, (Property Xpress) - Russian residential real estate developer PIK Group has presented a development project in Central Moscow, as ...   read more
Avicarvil Launches New Retail Chain in Romania
March 07, 2012, 12:00, (Property Xpress) - Avicarvil, owned by the Paraschiv family, opened last week their first convenience store under the La ...   read more
Hamleys to Open Russian Store in Spring
March 07, 2012, 11:40, (Property Xpress) - UK toys and children goods chain Hamleys will soon open a store in the Russian capital, in Evropeysky (the ...   read more



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