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MDM-Bank Becomes Shareholder in Rostov Shopping Mall
September 30, 2010, 10:05, (Property Xpress) - MDM-Bank has acquired a 19 pct stake in Unicum company, the bank said on Tuesday. In August 2009, Unicum ...   read more
Atlantska Plovidba to Develop Mixed-use Property in Croatia
September 30, 2010, 9:34, (Property Xpress) - Dubrovnik-based Atlantska Plovidba is waiting for a building permit to start construction of a commercial and ...   read more
Molodezhny Neighborhood under Development in Krasnodar
September 30, 2010, 8:57, (Property Xpress) - Investments in construction of the 208,000 sq. m housing complex Molodezhny in Krasnodar will exceed RUB 6.0 ...   read more
Third Holiday Inn Hotel to Appear in Serbia in 2012
September 30, 2010, 8:22, (Property Xpress) - Construction of a four star Holiday Inn Hotel in Serbia is scheduled to begin in March 2011 and be completed ...   read more
IHG to Affiliate Second Crowne Plaza Hotel in St. Petersburg
September 30, 2010, 7:42, (Property Xpress) - Hotel operator Intercontinental Hotels Group will sign an agreement to open a Crowne Plaza Hotel in St. ...   read more
Austrian Group to Invest EUR 150 mln in Romanian Plant
September 30, 2010, 7:25, (Property Xpress) - An Austrian manufacturer of wood based panels will invest EUR 150 mln in a Romanian plant, as part of an ...   read more
Montenegro Seeks Partner for Airport Project
September 29, 2010, 15:06, (Property Xpress) - The government of Montenegro has announced a tender to select a strategic partner for a joint venture to ...   read more
Stolitza Nizhny to Complete Sedmoe Nebo Neighborhood in 2012
September 29, 2010, 14:13, (Property Xpress) - Nizhny Novgorod-based Stolitza Nizhny group of companies, the region’s largest real estate development ...   read more
Portanova Mall in Osijek to Open in Spring
September 29, 2010, 13:23, (Property Xpress) - Portanova shopping center, currently under construction at the western entrance of the Croatian city of ...   read more
Northern Capital Gateway to Appoint Contractor for Pulkovo Airport Reconstruction
September 29, 2010, 12:31, (Property Xpress) - Northern Capital Gateway, which won a 30 year concession to operate Pulkovo Airport, will select a general ...   read more
Construction of Three-Star Hotel Chain to Start in Ukraine
September 29, 2010, 11:51, (Property Xpress) - A Kiev-based company intends to build three star hotels in each of the cities of Kiev, Lviv, Dnipro, Kharkov, ...   read more
Pioneer Group Sets RUB 22 bln Three-Year Investment Program
September 29, 2010, 11:28, (Property Xpress) - Pioneer group of companies will invest RUB 21-22 bln in construction of residential real estate in Moscow and ...   read more
Immofinanz Freezes EUR 225 mln Romania Development Portfolio
September 29, 2010, 10:58, (Property Xpress) - Austrian Immofinanz Group, present in Romania through its property arm Immoeast, said the country remains the ...   read more
X5 Completes Ostrov Retail Chain Acquisition
September 29, 2010, 9:40, (Property Xpress) - X5 Retail Group today announced it has completed acquisition of 100 pct of the equity interest in ZAO ...   read more
KDD Group Sees 29 Pct Profit Increase in H1’2010
September 29, 2010, 9:28, (Property Xpress) - Ukraine’s development company KDD Group made an after tax profit of EUR 3.9 mln in the first six months of ...   read more
Yarmarka Mall Signs with Anchor Tenants
September 29, 2010, 9:04, (Property Xpress) - Yarmarka shopping and entertainment center in the city of Astrakhan has been presented by lease agent Jones ...   read more
German Bosnian JV to Take over Merkur Retail Chain
September 29, 2010, 8:32, (Property Xpress) - A German-Bosnian company is reportedly ready to buy the largest Slovenian technical goods retailer Merkur, ...   read more
St. Petersburg to Auction Historic Properties in November
September 29, 2010, 7:48, (Property Xpress) - The Property Fund of St. Petersburg will hold an auction on November 10 to sell the Palace of Grand Duke ...   read more
French Firm to Pour EUR 55 mln in Bulgarian Industrial Facility
September 29, 2010, 7:29, (Property Xpress) - A French manufacturer of aluminium components for the car industry is planning to expand its production ...   read more
Developer to Start Industrial and Logistics Park Project in Romania
September 28, 2010, 15:56, (Property Xpress) - A property development company could begin construction of a logistics park near Bucharest in 2011. ...   read more
ERG Capital 3 Sells Retail Real Estate for EUR 11 mln
September 28, 2010, 15:24, (Property Xpress) - Sofia-based ERG Capital 3 REIT has entered into a preliminary agreement to sell a retail property to an ...   read more
Tatarstan Appoints Consultant for IT Village Master Planning
September 28, 2010, 15:03, (Property Xpress) - The Republic of Tatarstan plans to create an IT-village on 1,400 ha of land, 35 km from the capital city of ...   read more
Ukrainian Retailer Obtains USD 22 mln Loan
September 28, 2010, 14:17, (Property Xpress) - A USD 22 mln loan to finance construction/renting and fitting out of three DIY stores in Ukraine was approved ...   read more
Japanese Home Builder Eyes Russia
September 28, 2010, 13:46, (Property Xpress) - A Japan-based company engaged in the house building business is considering entering the Russian market, ...   read more
Oradea Shopping City to Open in Spring
September 28, 2010, 13:00, (Property Xpress) - Tiago Mall in Oradea, the first shopping center in Romania to go bankrupt since the beginning of the crisis, ...   read more



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