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IKEA to Operate Five Serbia Retail Centers by 2015
June 15, 2010, 11:30, (Property Xpress) - Serbian Minister of Trade and Services Slobodan Milosavljevic said IKEA has chosen Serbia for its Balkans ...   read more
Ruric Raises USD 21.7 mln in Reorganization Push
June 15, 2010, 10:28, (Property Xpress) - Swedish-based investment vehicle Russian Real Estate Investment Company AB (Ruric) has raised SEK 170.4 mln ...   read more
Consultant Appointed to Re-concept Kiev Shopping Center
June 15, 2010, 10:10, (Property Xpress) - The management company of Metrograd and Metropolis shopping and entertainment centers in Kiev, Ukrainian ...   read more
East Capital Closes East Capital Russian Property Fund
June 15, 2010, 9:35, (Property Xpress) - East Capital has decided to close its East Capital Russian Property Fund, started in July 2008, as since then ...   read more
Romanian Developer Initiates Own Insolvency
June 15, 2010, 9:10, (Property Xpress) - A Romanian real estate developer filed an application for its own insolvency on June 1. Casa de Insolventa ...   read more
Moscow Extends Airport Hotel Completion Term
June 15, 2010, 8:39, (Property Xpress) - Moscow city authorities have extended the completion date for a hotel in Vnukovo Airport to July 2011, Mayor ...   read more
Kiev Zhulyany Airport to Start Construction of New Terminal
June 15, 2010, 8:23, (Property Xpress) - Municipal enterprise Kiev Zhulyany International Airport aims to begin construction of a new terminal in ...   read more
RUB 900 mln Skolkovo Project Approved
June 15, 2010, 7:43, (Property Xpress) - RUB 900 mln will be allocated for the first project in the Russia’s Skolkovo innovation center near Moscow ...   read more
Montenegrin Firm Places EUR 13 mln Bid to Acquire Attractive Site in Podgorica
June 15, 2010, 7:26, (Property Xpress) - A Podgorica-based company has offered EUR 13.2 mln to purchase the real estate assets of one of the oldest ...   read more
Hilton to Build Five Star Hotel in Romanian Province
June 14, 2010, 15:16, (Property Xpress) - Hilton Worldwide, a subsidiary of the Blackstone Group, wants to build a five star accommodation facility in ...   read more
Mixed-use Marina Project Appoints Developer
June 14, 2010, 14:12, (Property Xpress) - An international developer and manager of marinas and yachting destinations has announced it has signed a ...   read more
Gulf Investor Eyes Spa, Health Tourism Projects in Serbia
June 14, 2010, 13:40, (Property Xpress) - A Dubai-based group says it is interested in investing in the tourism, hospitality, construction, and real ...   read more
Acquisition Deal Fails in Bulgaria
June 14, 2010, 12:58, (Property Xpress) - Bulgaria’s telecom service provider Vivacom has withdrawn from the preliminary contract with Irish-based ...   read more
Romanian Bank Demands EUR 10.8 mln Loan Repayment
June 14, 2010, 12:29, (Property Xpress) - A Romanian bank has sent a letter to a real estate developer demanding a EUR 10.8 mln loan repayment. After an ...   read more
US-Based Firm Interested in Major Regeneration Scheme in Croatia
June 14, 2010, 11:04, (Property Xpress) - A New York-based privately owned financial services firm, engaged in investment management, advisory, private ...   read more
Russian Ministry of Defense to Auction Two St. Petersburg Sites
June 14, 2010, 10:23, (Property Xpress) - The Russian Minister of Defense has signed orders to auction two monuments of regional importance in St. ...   read more
Respect Leases Space at Voentorg Shopping Center in Kiev
June 14, 2010, 9:36, (Property Xpress) - Russia’s footwear retail chain Respect has rented two floors at Voentorg commercial building on Pobedy ...   read more
USD 28 mln for Three Star Hotel in Sochi
June 14, 2010, 9:19, (Property Xpress) - Investment in construction of a three star class hotel at the Rosa Khutor ski resort in the Krasnaya Polyana ...   read more
Sofia Residential Project Faces Foreclosure
June 14, 2010, 9:04, (Property Xpress) - A Central and Eastern European property developer today announced it has been informed that the lending bank ...   read more
Centrally Located Site in St. Petersburg Goes to Auction
June 14, 2010, 8:34, (Property Xpress) - A Russian bank will auction a foreclosed plot of land on Robespierre Embankment in St. Petersburg at a ...   read more
Medicover Acquires Land in Bucharest, Romania
June 14, 2010, 8:11, (Property Xpress) - Belgium-based private healthcare organization Medicover acquired a land lot in the Bucharest Pipera area last ...   read more
Austrian Firm to Spend EUR 50 mln for Furniture Factory in Bulgaria
June 14, 2010, 7:41, (Property Xpress) - An Austrian company plans to invest EUR 50 mln in the furniture industry in Bulgaria in a joint venture with ...   read more
Private Equity Fund Supports EUR 20 mln Industrial Investment in Serbia
June 11, 2010, 12:56, (Property Xpress) - Private equity and venture capital fund Enterprise Investors will support an investment of the Swiss-based ...   read more
Construction Term Extended for Moscow Mixed-use Center
June 11, 2010, 12:32, (Property Xpress) - Moscow city authorities have extended the construction term for an office and hotel complex project on ...   read more
Raben Acquires Share in Parkridge Holdings II BV Ukraine
June 11, 2010, 11:56, (Property Xpress) - The Antimonopoly Committee of Ukraine (AMCU) has allowed the Netherlands-based Raben Group to buy a stake in ...   read more



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