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Construction of First Building within Skolkovo Innovation Center Begins Today
December 14, 2010, 12:11, (Property Xpress) - Construction work on the first building within the Skolkovo Innovation Center will begin today. The property ...   read more
Austrian Firm to Start EUR 60 mln Logistics Development in March
December 14, 2010, 11:41, (Property Xpress) - An Austrian property developer said it is planning to start a EUR 60 mln distribution and logistics center ...   read more
Russian Cinema Theater Operator Seeks Strategic Investor
December 14, 2010, 10:57, (Property Xpress) - A leading Russian cinema theater operator is ready to sell a stake in its business to raise money to upgrade ...   read more
Delta Maxi to Invest EUR 92 mln in Regional Expansion
December 14, 2010, 10:07, (Property Xpress) - Serbia’s largest retail chain Delta Maxi plans to invest EUR 92.4 mln next year to open stores in five ...   read more
Seventh Continent to Borrow USD 650 mln
December 14, 2010, 9:33, (Property Xpress) - Shareholders of the Seventh Continent food retail chain have approved a USD 650 mln credit facility to be ...   read more
Hornbach Romania Keeps Pace with Expansion
December 14, 2010, 9:17, (Property Xpress) - DIY retailer Hornbach Romania, owned by Germany’s Hornbach, will open its fifth store in the country outside ...   read more
Finnish Firm to Pour EUR 200 mln in Plant in Russia
December 14, 2010, 8:16, (Property Xpress) - A Finnish company is considering establishing a manufacturing facility in Eastern Europe or Russia with the ...   read more
Finnish Firm to Pour EUR 200 mln in Plant in Eastern Europe
December 14, 2010, 8:13, (Property Xpress) - A Finnish company is considering establishing a manufacturing facility in Eastern Europe or Russia with the ...   read more
75,000 Sq. m Shopping Mall Planned for Western Ukraine
December 13, 2010, 16:20, (Property Xpress) - A Donetsk-registered company intends to commission a shopping and entertainment center in the Ukrainian city ...   read more
Walmart Closes Russian Office
December 13, 2010, 15:28, (Property Xpress) - Тhe world’s largest retailer, Walmart, is closing its Moscow office after making several unsuccessful ...   read more
Tesco Said to Acquire Real Hypermarket Chain in Romania
December 13, 2010, 14:55, (Property Xpress) - Britain’s largest retailer Tesco, with GBP 62 bln sales in the last fiscal year, ending in February 2010, is ...   read more
Logistics Group Signs EUR 79.5 Mln Loan Agreement
December 13, 2010, 14:00, (Property Xpress) - A European logistics group has signed a EUR 79.5 mln loan agreement with a syndicate of five banks, dedicated ...   read more
New Stadium Planned for Sofia
December 13, 2010, 13:40, (Property Xpress) - A new national stadium will be built in Sofia, Bulgarian Prime Minister Boyko Borisov announced yesterday. The ...   read more
St. Petersburg to Lease Land for Commercial Development
December 13, 2010, 13:13, (Property Xpress) - The Property Fund of St. Petersburg is preparing to auction lease rights over a 10,290 sq. m plot of land at ...   read more
Mandarin Plaza Acquires Kiev Office Premises
December 13, 2010, 12:36, (Property Xpress) - Ukraine’s ZAO Mandarin Plaza, owner of the Kiev shopping center under the same name, has bought part of the ...   read more
Krasnoyarsk Retail Asset Goes to Auction in Late December
December 13, 2010, 11:34, (Property Xpress) - Sberbank Capital will hold an auction in late December to sell an asset of the bankrupt ALPI retail chain, ...   read more
Skopje Signs Loan Agreement for Parking Facilities
December 13, 2010, 11:02, (Property Xpress) - On December 10, the City of Skopje and NLB Tutunska Banka signed a EUR 8.5 mln loan agreement to finance ...   read more
Spanish Eddea Wins Architectural Competition in Moscow
December 13, 2010, 10:24, (Property Xpress) - Spain’s Eddea architectural practice has won the first prize in an international competition to design a new ...   read more
Hotel Demolition Approved in Bosnia and Herzegovina
December 13, 2010, 10:07, (Property Xpress) - The Bosnia and Herzegovina’s Federal Ministry of Physical Planning has issued a permit for demolition of the ...   read more
Kopernik Group Sells Moscow Business Center
December 13, 2010, 9:15, (Property Xpress) - Kopernik Group, formerly known as MIAN, has sold its Classic business center, currently under development on ...   read more
Montenegro Extends Deadline for Coastal Property Sale
December 13, 2010, 8:53, (Property Xpress) - The Montenegrin Privatization Council has extended the deadline for submission of bids for the tender to sell ...   read more
Bucharest Hotel Receives Funding for Renovation
December 13, 2010, 8:16, (Property Xpress) - A Bucharest hotel has secured funding to carry out a renovation and expansion project, worth EUR 4.0 mln. The ...   read more
Kronverk Cinema to Double Russian Network by 2013
December 13, 2010, 8:14, (Property Xpress) - Russia’s Kronverk Cinema is planning to spend USD 40 mln on its development over the next year and a half. ...   read more
Top Managers Buy up Shopping Centers in St. Petersburg
December 10, 2010, 13:41, (Property Xpress) - Top managers of Gazprom structures have been actively buying up shopping centers in St. Petersburg. They now ...   read more
Romania to Expand Henri Coanda Airport by 2030
December 10, 2010, 12:59, (Property Xpress) - The Romanian Transport Ministry wants to further develop the country’s busiest international airport, Henri ...   read more



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