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Terme Olimia Drops Investment in Serbia
December 28, 2010, 9:02, (Property Xpress) - Slovenian Terme Olimia has dropped out of building a hotel complex along the Palic Lake, near the Serbian town ...   read more
Gazprom Considers New Headquarters Location near St. Petersburg
December 28, 2010, 8:29, (Property Xpress) - The Gazprom’s business center may appear in the Leningrad region. The group is interested in one of the four ...   read more
Montenegro to Enter Direct Negotiations for Bar-Boljare Highway
December 28, 2010, 8:00, (Property Xpress) - At yesterday’s session, the Montenegrin government decided to immediately start negotiations with Chinese ...   read more
EUR 100 mln for Car Assembly Facility in Russia
December 27, 2010, 13:55, (Property Xpress) - EUR 100 mln will be invested in setting up a car assembly facility in Russia. The investment will be carried ...   read more
Magnit Signs Credit Agreement with Sberbank
December 27, 2010, 12:32, (Property Xpress) - Magnit, Russia’s largest grocery retailer in terms of store numbers, has signed a contract of guarantee with ...   read more
Konzum to Purchase Dalmatia Retail Business
December 27, 2010, 11:32, (Property Xpress) - Croatia’s largest retailer in terms of sales, Konzum, has filed an application with the Croatian Competition ...   read more
Mosmart Chain in Disposal Mode
December 27, 2010, 10:24, (Property Xpress) - Shareholders and creditors of the bankrupt Mosmart chain are trying to recover some of their money by selling ...   read more
Sofia’s Kremikovtzi Goes to Auction in February
December 27, 2010, 9:43, (Property Xpress) - The site of the former Kremikovtzi plant in Sofia together with all assets associated with its production ...   read more
Skolkovo Innovation Center to Cost RUB 100 Bln
December 27, 2010, 9:10, (Property Xpress) - Construction cost of the Skolkovo innovation center has been estimated at between RUB 100 and RUB 120 bln, ...   read more
Pivovarna Lasko to Sell 23 Pct Stake in Mercator
December 27, 2010, 8:56, (Property Xpress) - Slovenian company Pivovarna Lasko will accelerate the sale of its non-core assets including a 23.3 pct share ...   read more
St. Petersburg Reduces Price for Belyie Nochi Business Center
December 27, 2010, 8:20, (Property Xpress) - The Property Fund of St. Petersburg will hold an auction on January 26, to sell Belyie Nochi business center ...   read more
Romanian Retail Development to Start in Spring
December 27, 2010, 7:58, (Property Xpress) - A retail real estate developer controlled by Romanian and German individuals will begin construction of a ...   read more
Zagreb Defines Priority Projects to Boost Tourism
December 23, 2010, 13:11, (Property Xpress) - Zagreb Mayor Milan Bandic has announced two priority projects aimed at boosting sustainable tourism flows in ...   read more
UNISTO Petrostal to Pour RUB 25 Bln in Affordable Housing by 2016
December 23, 2010, 12:50, (Property Xpress) - Investment and construction holding UNISTO Petrostal is planning to invest RUB 25 bln in affordable housing ...   read more
Metro Cash & Carry Opens Store in Braila
December 23, 2010, 12:03, (Property Xpress) - Metro Cash & Carry Romania, the largest player in the local cash and carry market segment, with a turnover of ...   read more
100,000 Sq. m Retail and Amusement Park Projected for Russia
December 23, 2010, 11:43, (Property Xpress) - Several tens of millions of dollars will be invested in a 100,000 sq. m shopping and entertainment park in the ...   read more
Immofinanz Generates EUR 23 mln in Rental Revenue in Romania
December 23, 2010, 10:58, (Property Xpress) - The market value of the 15 income producing properties owned by Immofinanz in Romania was EUR 579.2 mln at the ...   read more
X5 Retail Group Targets 500 Store Openings for 2011
December 23, 2010, 10:42, (Property Xpress) - X5 Retail Group, Russia’s largest retailer in terms of sales, part of Mikhail Fridman’s Alfa Group, today ...   read more
Ukrainian Developer Unveils Plans to Raise EUR 100 mln in 2011
December 23, 2010, 10:19, (Property Xpress) - A Ukraine-based real estate developer and construction company has unveiled plans to raise EUR 100 mln in ...   read more
Promsvyaznedvizhimost Named Likely Buyer of Nordstar Tower
December 23, 2010, 9:27, (Property Xpress) - DS Development is in talks to sell its Nordstar Tower business center to Promsvyaznedvizhimost, controlled by ...   read more
45,000 Sq. m A-Class Business Center Opens in Sofia
December 23, 2010, 8:16, (Property Xpress) - Megapark business center has officially opened in Sofia. The A-class building is on 115, Tsarigradsko Road. ...   read more
DS Development Borrows RUB 5.0 Bln for Moscow Mixed-use Scheme
December 22, 2010, 15:55, (Property Xpress) - Russia’s largest lender Sberbank has opened a RUB 5.0 bln credit line to DS Development, formerly part of ...   read more
Spanish Developer to Dispose of Bucharest Land
December 22, 2010, 14:58, (Property Xpress) - A Spain-based integrated real estate company has announced it is willing to dispose of its overseas land ...   read more
Finnish Firm Acquires Residential Real Estate for EUR 11 mln
December 22, 2010, 14:16, (Property Xpress) - A Finnish company, one of the leaders in the sector of investment and lease of apartments, has acquired ...   read more
Profectus Completes Preparatory Phase for Croatian Dream Project
December 22, 2010, 13:42, (Property Xpress) - Profectus Grupa has completed the preparatory phase of its Croatian Dream project near the town of Doli, 27 km ...   read more



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