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Kuwait to Grant EUR 25 mln Loan to Serbia for Infrastructure Project
October 22, 2012, 7:22, (Property Xpress) - The Kuwait Fund for Arab Economic Development (KFAED) will grant a EUR 25 mln loan to Serbia for construction ...   read more
ECDC Provides Updates on Projects in Bulgaria, Romania
October 19, 2012, 12:55, (Property Xpress) - European Convergence Development Company (ECDC), managed by Charlemagne Capital, has provided updates on its ...   read more
Sberbank Lends RUB 650 mln to Developer
October 19, 2012, 12:39, (Property Xpress) - The Srednerussky Bank of Sberbank of Russia has opened a RUB 650 mln 10-year credit line to Passage management ...   read more
Mercator Sets New Strategy to Boost Profits
October 19, 2012, 12:24, (Property Xpress) - The Supervisory Board of Mercator Group at its yesterday’s meeting endorsed a new strategy until 2016, drawn ...   read more
Marriott Set to Double Russia and CIS Portfolio by 2015
October 19, 2012, 11:46, (Property Xpress) - Marriott International is on track to double its European portfolio, from 40,000 to 80,000 rooms by 2015, the ...   read more
RomReal May Face Loan Default
October 19, 2012, 11:32, (Property Xpress) - Real estate developer RomReal, which owns about 130 ha of land in several Romanian areas, has difficulty to ...   read more
Central Properties and Alto Assets Acquire Moscow Shopping Mall Project
October 19, 2012, 10:55, (Property Xpress) - Central Properties and Alto Assets have bought the 126,000 sq. m Vesna! shopping center project in the north ...   read more
Reikartz to Open Three Star Vinnitsa Hotel
October 19, 2012, 10:30, (Property Xpress) - Kiev-based Reikartz Hotel Management, managing three hotel chains in Ukraine, plans to open a three-star ...   read more
Moscow Extends Term for 300,000 Sq. m Residential Compound
October 19, 2012, 9:01, (Property Xpress) - The Urban Land Commission of the Government of Moscow has extended the implementation term of contracts ...   read more
30,000 Sq. m Bucharest Shopping Area to Open in 2013
October 19, 2012, 8:46, (Property Xpress) - Renovation of the last Circ al foamei (Hunger Circus) building in Bucharest, behind Unirea Shopping Center, is ...   read more
Moscow Extends Term for 116,000 Sq. m Residential Project
October 19, 2012, 8:25, (Property Xpress) - The Urban Land Commission of the Government of Moscow has extended the implementation term of investment ...   read more
DM Drogerie Markt Continues Croatian Expansion
October 19, 2012, 8:17, (Property Xpress) - DM Drogerie Markt, an Austria-based leading drug store chain, is planning to invest HRK 55 mln to open new ...   read more
EUR 20 mln to Develop Park Hotel Project near Korkinsky Lake
October 18, 2012, 15:26, (Property Xpress) - A park hotel with sports, entertainment and conference facilities will be developed on the Korkinsky Lake ...   read more
Lidl Pays RSD 27 mln to Buy Land for Serbia Store
October 18, 2012, 14:48, (Property Xpress) - German supermarket chain Lidl yesterday paid RSD 27 mln (EUR 237,000) for a 1.0 ha land plot at Vizantijski ...   read more
Five Star Hotel Project Appoints Contractor
October 18, 2012, 14:19, (Property Xpress) - A general contractor has been appointed to construct a five star accommodation facility in the Russian ...   read more
RUB 4.5 Bln Construction Contract Awarded in Russia
October 18, 2012, 13:58, (Property Xpress) - The local subsidiary of a Hungarian construction company has been awarded a contract to build a multi-purpose ...   read more
Bulgaria to Receive EUR 110 mln Grant for Metro Line Extension
October 18, 2012, 12:59, (Property Xpress) - Bulgaria may receive a BGN 215 mln (EUR 110 mln) grant from the European Union to build metro extensions to ...   read more
Auchan to Anchor Samara Shopping Scheme
October 18, 2012, 12:44, (Property Xpress) - French grocery retailer Auchan will operate a new hypermarket in Samara, in Yuzhny shopping mall, currently ...   read more
New Location Study Ordered for Russian Parliament Center
October 18, 2012, 11:59, (Property Xpress) - Instead of moving to the New Moscow area, federal officials may be relocated to the center of the capital. ...   read more
Kaufland Romania to Reach 100-Store Chain by 2015
October 18, 2012, 11:09, (Property Xpress) - Kaufland Romania, the largest retailer in terms of sales in the country, wants to reach a network of 100 ...   read more
40,000 Sq. m Office Center under Development in Krasnodar
October 18, 2012, 10:37, (Property Xpress) - The local subsidiary of a Moscow-based commercial and residential real estate developer has started ...   read more
EUR 70 mln Mixed-use Scheme under Development in Zagreb
October 18, 2012, 10:14, (Property Xpress) - A Croatian real estate development company has started a mixed-use business and residential project in ...   read more
Epicenter K to Expand to CIS Countries
October 18, 2012, 8:56, (Property Xpress) - Kiev-based Epicenter K, operating 38 construction materials stores in Ukraine, plans to expand to the markets ...   read more
Epicenter K to Expand to CIS Countries
October 18, 2012, 8:51, (Property Xpress) - Kiev-based Epicenter K, operating 38 construction materials stores in Ukraine, plans to expand to the markets ...   read more
Update: Lemminkainen Acquires Land for 800-Unit Housing Project
October 18, 2012, 8:03, (Property Xpress) - Finnish construction group Lemminkainen has closed a deal to acquire a 1.9 ha site at 108, Obvodny Canal ...   read more



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