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Bulgaria to Privatize Sofia Real Estate and Land Assets
September 16, 2011, 11:45, (Property Xpress) - The Bulgarian government will privatize several companies, whose assets include luxury homes, buildings at ...   read more
Sberbank Lends RUB 380 mln to Irkutsk Developer
September 16, 2011, 10:03, (Property Xpress) - The Baikal branch of Russia’s largest lender, Sberbank, has opened a RUB 380.4 mln credit line to ...   read more
Kaufland Secures Location for Next Bulgarian Store
September 16, 2011, 10:01, (Property Xpress) - German hypermarket chain Kaufland, operating 40 stores in Bulgaria, has secured a location for its next store ...   read more
O’Key Group Signs Deal with Krasnodar Region
September 16, 2011, 8:46, (Property Xpress) - Russia’s Krasnodar Region today announced signing a RUB 1.8 bln investment agreement with O’Key group of ...   read more
Turner Construction to Establish Serbian Subsidiary
September 16, 2011, 8:34, (Property Xpress) - US-based group Turner Construction is expected to establish a Serbian branch this month, local media Danas ...   read more
Shandong Tiantai Joins Forces with Moscow Developer
September 16, 2011, 8:08, (Property Xpress) - Chinese company Shandong Tiantai will invest USD 100 mln in projects of Morton group of companies in the ...   read more
Ukrainian Retailer Sells Kiev Store
September 16, 2011, 8:07, (Property Xpress) - A Ukrainian hypermarket chain has signed a preliminary agreement to sell one of its Kiev stores to a ...   read more
USD 15 bln Tourism Project to Sign Deals in Sochi
September 16, 2011, 7:00, (Property Xpress) - Foreign investors will join Russian political and commercial elite in Sochi today at a high-profile government ...   read more
Croatia Opens Brijuni Riviera Tender
September 16, 2011, 6:59, (Property Xpress) - On September 15, Croatia announced an international tender to select investors for the Brijuni Riviera ...   read more
Carrefour in Second Attempt to Enter Russia
September 15, 2011, 15:12, (Property Xpress) - Paris-based retail chain Carrefour is looking to re-enter Russia. The European retail giant has asked its ...   read more
International Consultancy Assists Odessa Retail Park Project
September 15, 2011, 14:44, (Property Xpress) - An international consulting firm has established a Ukrainian office to explore opportunities in the retail ...   read more
Russian Direct-Investment Fund Ready for Business
September 15, 2011, 14:11, (Property Xpress) - The USD 10 bln Russian Direct-Investment Fund is ready for deals, CEO Kirill Dmitriev told the Reuters Russia ...   read more
PNK Group to Build 44,000 Sq. m Logistics Center for Dixy
September 15, 2011, 12:58, (Property Xpress) - Dixy Group and PNK Group have signed a built-to-suit agreement on construction of a distribution center. The ...   read more
Ukrainian EVA Perfumery Chain Borrows UAH 40 mln
September 15, 2011, 12:49, (Property Xpress) - Dnipro-based Rush, owner of the perfumery and cosmetics stores Eva, has received a UAH 40 mln two-year loan ...   read more
Russia Private Equity Fund Currently Being Raised
September 15, 2011, 12:29, (Property Xpress) - A EUR 250 mln private equity fund is currently being raised. The vehicle will make equity and equity-related ...   read more
Reikartz to Open Three Hotels by End’2011
September 15, 2011, 11:56, (Property Xpress) - Ukrainian Reikartz Hotel Management, operating 10 hotels under the Reikartz Hotels & Resorts brand, will open ...   read more
High-Rise Buildings to Appear on Bucharest Brewery Site
September 15, 2011, 11:29, (Property Xpress) - The former Grivita brewery, next to the Basarab passage in the Romanian capital, will be transformed into a ...   read more
Hilton Adds Two Properties to Russian Portfolio
September 15, 2011, 10:50, (Property Xpress) - Hilton Worldwide has entered into a management agreement to open two new hotels in Russia. The international ...   read more
Construction to Start on 100,000 sq. m Belgrade Scheme
September 15, 2011, 10:10, (Property Xpress) - Construction work on a 100,000 sq. m mixed-use project in the Serbian capital could begin in spring 2012. The ...   read more
OPIN Sells Retail and Entertainment Project for USD 50 mln
September 15, 2011, 9:39, (Property Xpress) - Russian developer OPIN today announced it has sold Moscow’s A.I. Raikin Art, Culture and Leisure Center ...   read more
Rodnik Mall to Open in Chelyabinsk
September 15, 2011, 8:01, (Property Xpress) - The largest shopping mall in Chelyabinsk will open on September 17, 2011. The 135,000 sq. m Rodnik shopping ...   read more
Erste Group Immorent Sees Potential in Southeast Europe
September 15, 2011, 7:59, (Property Xpress) - Erste Group Immorent, the real estate and infrastructure finance arm of Austria’s Erste Group, sees ...   read more
Nazvanie.net to Restructure USD 390 mln Debt to Bondholders
September 15, 2011, 7:00, (Property Xpress) - Nazvanie.net, formerly Mirax Group, is close to signing a deal to restructure its USD 392.2 mln debt to ...   read more
Leroy Merlin Opens First Romania Store
September 15, 2011, 6:58, (Property Xpress) - The first Leroy Merlin DIY store in Romania will open today, according to Panico Panayi, president of Nova ...   read more
Baneasa Developments Sets Aside EUR 80 mln Investment Budget
September 14, 2011, 14:32, (Property Xpress) - Romanian businessman Gabriel Popoviciu, who controls the largest real estate project in the local market, ...   read more



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