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Auchan Starts Third Bucharest Investment
May 07, 2012, 14:38, (Property Xpress) - France’s Auchan group, which recorded a EUR 433 mln turnover in Romania last year, began work on a third ...   read more
Comfy Presents Four-Year Investment Program
May 07, 2012, 13:32, (Property Xpress) - Comfy-Trade, operating a consumer electronics and household appliances retail chain in Ukraine, plans to ...   read more
High-Rise Building and Fast Food Restaurant Projects Get Nod in Romania
May 07, 2012, 12:55, (Property Xpress) - A 25-story high-rise construction project has received an urbanism certificate in Romania. "We have applied ...   read more
Groundbreaking for USD 500 mln Housing Compound Held in Russia
May 07, 2012, 12:44, (Property Xpress) - A groundbreaking ceremony to mark the construction start of a USD 500 mln residential compound in the city of ...   read more
Croatian Construction Group Wins HRK 1.0 Bln Contract
May 07, 2012, 12:14, (Property Xpress) - The Aeroports de Paris-led consortium Zagreb Airport International Co. (ZAIC) has selected Croatian ...   read more
Update: Marriott to Add New Hotel to Russian Portfolio
May 07, 2012, 11:39, (Property Xpress) - The developer of a five star Marriott hotel in the Russian province has approved taking a RUB 3.0 bln loan, ...   read more
Luch Business Center to Open in June
May 07, 2012, 11:02, (Property Xpress) - The 5,500 sq. m fist stage of Luch business center in the St. Petersburg Krasnogvardeysky area is due to be ...   read more
Insolvency Claim Filed against 1,600-Apartment Project near Bucharest
May 07, 2012, 10:42, (Property Xpress) - A 1,600-apartment residential project near Bucharest, initiated by an investment fund managed by British Lewis ...   read more
Krasnaya Ploshchad Mall to Open in Anapa
May 07, 2012, 9:53, (Property Xpress) - The opening of Krasnaya Ploshchad (Red Square) shopping and entertainment center on 99, Astrakhanskaya Street ...   read more
AFI Europe Bets on Romania
May 07, 2012, 8:48, (Property Xpress) - AFI Europe, whose Bucharest shopping mall posted sales of EUR 182 mln in 2011, up 23 pct from 2010, sees ...   read more
VTB Development Starts Preparatory Work on Mixed-use Scheme
May 07, 2012, 8:43, (Property Xpress) - VTB Development has begun preparatory work in the historic center of St. Petersburg, at the site previously ...   read more
Tomislav Mamic Takes over 10 Retail Stores in Croatia
May 07, 2012, 8:13, (Property Xpress) - Croatian businessman Tomislav Mamic, owner of Tommy retail chain, has taken over lease and ownership rights ...   read more
Real Estate Developer Reports USD 59 mln in Revenue in 2011
May 07, 2012, 7:11, (Property Xpress) - A Russian real estate developer last year received consolidated revenues of USD 58.7 mln, 17 pct up compared ...   read more
Developer Eyes Industrial/Logistics Opportunities in Romania
May 07, 2012, 7:05, (Property Xpress) - A real estate development company has attracted occupants for 200,000 sq. m of space in Romania, and is now ...   read more
Profi Replaces MiniMax Store in Urziceni, Romania
May 04, 2012, 12:54, (Property Xpress) - Romanian discount food retailer Profi has opened its 118th store, in Urziceni, Ialomita County, in a location ...   read more
Magnit Eyes St. Petersburg Expansion Opportunities
May 04, 2012, 12:19, (Property Xpress) - Russia’s retailer Magnit is preparing its expansion in the St. Petersburg market, where it expects to open ...   read more
Lebanese Businessmen Plan USD 100 mln Investments in Romania
May 04, 2012, 11:59, (Property Xpress) - Several Lebanese businessmen plan to invest USD 100 mln in tourism, agriculture and services in Romania over ...   read more
Russian Group to Divest Non-Core Real Estate Assets
May 04, 2012, 11:36, (Property Xpress) - A Russian state-controlled group of companies intends to dispose of non-core real estate assets this year, ...   read more
BTC Records Solid Profit Growth in 2011
May 04, 2012, 10:50, (Property Xpress) - Slovenia’s BTC group posted EUR 54.7 mln in sales revenue last year, 6.5 pct up against the previous year. ...   read more
Institutional Investor to Pour RUB 1.0 bln into Moscow Real Estate
May 04, 2012, 9:54, (Property Xpress) - A Russian institutional investor is considering investing up to RUB 1.0 bln (USD 33.8 mln) in the private ...   read more
NEPI Raises EUR 5.0 mln in Private Placement
May 04, 2012, 9:03, (Property Xpress) - South African real estate investment fund New Europe Property Investments (NEPI) has raised EUR 5.1 mln by ...   read more
Update: Lotte Starts Moscow Office/Retail Development
May 04, 2012, 8:51, (Property Xpress) - Moscow city authorities have approved the parameters of the Russian-Korean Culture Center project on 65, ...   read more
Croatian Businessman to Sell Unfinished Hotel
May 04, 2012, 8:18, (Property Xpress) - A Croatian entrepreneur, who recently has come under pressure from bankers, has decided to dispose of one of ...   read more
Moscow Gives Nod to Huge Shopping Project
May 04, 2012, 7:41, (Property Xpress) - The Urban Land Commission of the Government of Moscow has addressed the issue of building a 400,000 sq. m ...   read more
Channel One to Receive Land for TV Center
May 03, 2012, 15:04, (Property Xpress) - Russia’s TV station Channel One may build its own television station and media-park on part of the former ...   read more



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