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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
Developer Starts Affordable Housing Project near Moscow
September 14, 2011, 13:36, (Property Xpress) - A Russian development group has started an economy class residential complex in the Moscow suburban town of ...   read more
Italian Firm to Build EUR 8.0 mln Factory in Serbia
September 14, 2011, 13:00, (Property Xpress) - A Serbian municipality has provided land without compensation to an Italian investor to build a factory. At ...   read more
Concept Developed for 105,000 Sq. m Irkutsk Shopping Mall
September 14, 2011, 12:51, (Property Xpress) - An Irkutsk-based company has completed concept development of a 105,500 sq. m regional shopping center project ...   read more
Bank Buys EUR 6.5 mln Bond Issue to Finance Health Center Development
September 14, 2011, 12:33, (Property Xpress) - A single financial institution has purchased the entire bond issue of the Bulgarian Municipality of ...   read more
Update: Storm Properties to Start First Housing Project
September 14, 2011, 12:02, (Property Xpress) - Stroyecologia is the investor in the 300,000 sq. m housing project on Ilinskoe Highway, in the village of ...   read more
Mercator to Establish New Retail Division
September 14, 2011, 11:28, (Property Xpress) - Slovenia’s largest retail group, Mercator, will try new strategic projects to increase and maintain its ...   read more
Scandinavian Firm to Pour USD 52 mln into Russian Plant
September 14, 2011, 10:42, (Property Xpress) - А Scandinavian manufacturer of heavy construction equipment has announced plans to invest USD 52 mln in ...   read more
Revitalization Plan Presented for Kotor Municipality
September 14, 2011, 10:17, (Property Xpress) - High-class tourist facilities with 7,000 new beds are planned to be built in Montenegro’s Kotor ...   read more
VTB Considers Financing Iskra Business Center Development
September 14, 2011, 9:34, (Property Xpress) - Russia’s state-owned VTB Bank may become owner of another project of Coalco Development. The bank is in ...   read more
Update: German-Bulgarian JV to Expand Production Capacity
September 14, 2011, 9:15, (Property Xpress) - A German Bulgarian JV will spend EUR 20 mln to double its Sofia production capacity by the end of ...   read more
Sberbank Lends USD 13 mln to Developer
September 14, 2011, 8:27, (Property Xpress) - The South-Western Bank of Sberbank of Russia has opened a RUB 400 mln (USD 13 mln) credit line to OOO Malibu ...   read more
Sky Tower Development Advances in Romania
September 14, 2011, 8:15, (Property Xpress) - The tallest office building in Bucharest, with a height of 137 m and 36 floors, is being developed by ...   read more



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