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Five Star Hotel Planned for Kharkov, Ukraine
April 13, 2010, 7:09, (Property Xpress) - The first five star hotel in the Ukrainian city of Kharkov will be developed by the main investor and ...   read more
Bechtel-Enka Consortium Signs USD 1.0 bln Deal in Kosovo
April 12, 2010, 15:35, (Property Xpress) - US-Turkish consortium Bechtel-Enka has signed a USD 1.0 bln contract to build a 141-km four-lane highway, from ...   read more
EUR 150 mln Electric Car Project Announced for Russia
April 12, 2010, 15:17, (Property Xpress) - EUR 150 mln will be invested in a Russian joint venture foreseeing establishing several production facilities ...   read more
Plaza Centers to Resume Work on Kragujevac Mall in Serbia
April 12, 2010, 14:58, (Property Xpress) - Israeli company Plaza Centers will resume construction of its Kragujevac shopping mall, estimated at EUR 60 ...   read more
Volgomost Wins USD 38.5 mln Contract in Sochi
April 12, 2010, 14:40, (Property Xpress) - Saratov-based Volgomost, part of SOK group, has been awarded a RUB 1.115 bln (USD 38.4 mln) contract to build ...   read more
1.3 Ha Land Asset in Bucharest Put for Sale
April 12, 2010, 14:24, (Property Xpress) - A land asset in the Bucharest sector 3 will be auctioned, after the Romanian subsidiary of the Greek ...   read more
Heliopark Residence Opens in Penza
April 12, 2010, 14:13, (Property Xpress) - Heliopark Hotels & Resorts will manage the first Heliopark Residence hotel in Penza, scheduled to open on ...   read more
100,000 Sq. m Shopping Mall Planned for Kharkov, Ukraine
April 12, 2010, 13:57, (Property Xpress) - Construction work on a 100,000 sq. m shopping and entertainment center in Ukraine is scheduled to start in the ...   read more
Croatia’s McDonald’s Chain Acquired by Local Businessmen
April 12, 2010, 13:10, (Property Xpress) - Georg Gavrilovic in partnership with Robert Kujundzic, former head of McDonald’s Croatia, have taken over ...   read more
Turkish Group Allots EUR 85 mln for Russian Hospitality Project
April 12, 2010, 12:45, (Property Xpress) - A Turkish investment group said it is planning to allocate EUR 85 mln to develop six hotel properties in ...   read more
Real Plans Two Hypermarket Openings in 2010
April 12, 2010, 12:10, (Property Xpress) - Real company, part of the German Metro Group AG, is aiming to open two hypermarkets in Ukraine in 2011, ...   read more
MirLand to Raise USD 100 mln for Russian Ventures
April 12, 2010, 11:49, (Property Xpress) - Fishman’s Russian real estate development arm, MirLand, has undertaken steps to raise up to USD 100 mln to ...   read more
Baneasa Developments Starts EUR 22 mln Extension in Romania
April 12, 2010, 11:07, (Property Xpress) - Baneasa Developments, developer of Baneasa commercial area in Bucharest, has started an investment involving ...   read more
O’Key to Raise USD 500 mln via IPO
April 12, 2010, 10:47, (Property Xpress) - St. Petersburg-based network of grocery hypermarkets O’Key plans to enter the Russian and foreign capital ...   read more
AUBG to Buy Land for University Buildings
April 12, 2010, 10:13, (Property Xpress) - The American University in Bulgaria (AUBG) is planning to acquire 1.7 ha of land in the city of Blagoevgrad ...   read more
Renaissance Moscow Monarch Centre Opens in Russia
April 12, 2010, 8:57, (Property Xpress) - Marriottt International has opened its second Renaissance Hotel property in Moscow, the 366-room Renaissance ...   read more
Zagrebacka Banka Invests in Zagreb Office Building
April 12, 2010, 8:47, (Property Xpress) - Croatia’s largest bank Zagrebacka Banka d.d., owned by Italian UniCredit group, has concluded an agreement ...   read more
Vedis to Develop Economy Class Housing Estate
April 12, 2010, 8:22, (Property Xpress) - Vedis Group and Nafta-Moskva, the largest shareholder of PIK Group, have concluded negotiations on a ...   read more
Penny Market to Purchase Land near Plovdiv
April 12, 2010, 8:03, (Property Xpress) - German hard discount retail chain Penny Market has set aside a land lot of 0.65 ha in the Bulgarian town of ...   read more
Construction on Five Star Hotel to Begin on Croatian Adriatic Coast
April 12, 2010, 7:06, (Property Xpress) - At a joint meeting held in Zagreb last week, representatives of the State Attorney’s Office, the Croatian ...   read more
Walmart Close to Acquire Lenta Retail Chain
April 12, 2010, 7:05, (Property Xpress) - US Walmart continues to negotiate the purchase of St. Petersburg retail chain Lenta. According to a Lenta ...   read more
Nordic Airport Infrastructure Acquires Bulgarian Airfield
April 09, 2010, 14:49, (Property Xpress) - Danish Nordic Airport Infrastructure ApS has acquired a 58.08 pct share in the limited liability company ...   read more
EUR 8.0 mln Retail Center to Open in Glavina Donja, Croatia
April 09, 2010, 14:23, (Property Xpress) - Croatian company Dosis, controlled by Vedran Malenica, will open a retail center, called ‘Park & Shop’ in ...   read more
Europa Group to Invest in Romanian Leisure Establishments
April 09, 2010, 14:07, (Property Xpress) - Lithuania’a Europa Group expects a turnover of over EUR 2.8 mln in 2010 from its four star, 80 room Europa ...   read more
LEK to Commission 160,000 Sq. m of Housing in 2010
April 09, 2010, 12:56, (Property Xpress) - LEK plans to commission 160,000 sq. m of housing estate in 2010, including Diadema project, the first phase of ...   read more



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