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12-Story Mixed-use Center Planned for Donetsk
August 05, 2010, 14:26, (Property Xpress) - A new, 12-story mixed-use center is planned to be developed in Donetsk, Ukraine. The property, to be built in ...   read more
Trans Balkan Investments Still in Discussions to Sell TechnomarketDomo
August 05, 2010, 12:53, (Property Xpress) - Trans Balkan Investments (TBIL), formerly known as Equest Investments Balkans, has confirmed, it has been ...   read more
Magnit Borrows USD 130 mln for Network Extension
August 05, 2010, 12:42, (Property Xpress) - Magnit, Russia’s largest grocery retailer in terms of store numbers, has attracted a loan of up to RUB 4.0 ...   read more
Office Property Acquisition Announced in Romania
August 05, 2010, 12:27, (Property Xpress) - A real estate investment trust today announced it has acquired two office properties in Romania, in Bucharest ...   read more
Ukraine Adopts Law Exempting Hotels from Income Tax
August 05, 2010, 11:47, (Property Xpress) - The president of Ukraine Viktor Yanukovych has signed a law, under which all three, four and five star hotels ...   read more
Billa Acquires Sofia’s Iztok Cinema for EUR 1.43 mln
August 05, 2010, 11:27, (Property Xpress) - Billa retail chain has acquired the former Iztok cinema theater in Sofia for cash considerations of EUR 1.43 ...   read more
Oschadbank Extends Terms on UAH 745 mln Credit Facilities
August 05, 2010, 10:53, (Property Xpress) - The State Savings Bank of Ukraine, also known as Oschadbank, and real estate developer and construction ...   read more
Russian Firm Awarded RUB 920 mln Contract in Krasnoyarsk
August 05, 2010, 10:08, (Property Xpress) - A new contractor has been selected to build one of the largest long-term construction projects in Krasnoyarsk, ...   read more
28,000 Sq. m Shopping Mall Projected for Odessa
August 05, 2010, 9:41, (Property Xpress) - A new shopping and entertainment center will appear in Odessa, after local city authorities approved the ...   read more
Chinese Investors to Buy Casino of Constanta Building
August 05, 2010, 9:09, (Property Xpress) - The Mayor of Constanta Radu Mazare has announced that Chinese investors are willing to buy the landmark Casino ...   read more
St. Petersburg to See Wolkonsky and Le Pain Quotidien Café Openings
August 05, 2010, 8:37, (Property Xpress) - Two international networks of bakery-cafes will enter the St. Petersburg market this year, i.e. the French ...   read more
Mirax in Talks to Share Moscow Project
August 05, 2010, 7:41, (Property Xpress) - Mirax Group may share its assets with investors. Part of its office and residential project next to Mirax ...   read more
Epicenter-K to Open Vinnitsa Hypermarket in October
August 05, 2010, 7:13, (Property Xpress) - Ukrainian operator of construction materials stores network Epicenter-K will open a hypermarket in Vinnitsa by ...   read more
Nomos-Bank Loses 12.5 Pct Share in PIK Group
August 04, 2010, 15:10, (Property Xpress) - On Wednesday, August 4, the Moscow’s Ninth Arbitration Court of Appeals overturned the decision of the ...   read more
EUR 45 mln to Fund Resort Development in Bulgaria
August 04, 2010, 14:49, (Property Xpress) - About EUR 45 mln will be allocated for development of a resort complex on the Bulgarian Black Sea coast next ...   read more
Mercator Consolidates Position as Serbia’s Second Largest Retailer
August 04, 2010, 14:34, (Property Xpress) - Mercator-S, the Serbian subsidiary of Slovenia’s Mercator chain, has signed a long-term lease agreement with ...   read more
St. Petersburg to Auction Historic Property in September
August 04, 2010, 14:11, (Property Xpress) - St. Petersburg city government will auction the lease rights to the premises of a monument of federal ...   read more
Cocor Bucharest Signs RON 3.0 mln Loan
August 04, 2010, 12:53, (Property Xpress) - Cocor Bucharest (COCR), operating a department store in the Romanian capital, has signed a RON 3.0 mln (EUR ...   read more
Moscow to Sell Lease Rights for Mixed-use Building Development
August 04, 2010, 12:34, (Property Xpress) - Moscow city authorities will auction the right to conclude a three year lease of land for construction of a ...   read more
Romanian-Italian JV to Build Office Center in Baneasa, Romania
August 04, 2010, 12:18, (Property Xpress) - A Romanian-Italian JV plans to develop an office project in the Piata Baneasa area of Bucharest, which will ...   read more
Knauf to Invest EUR 100 mln in Plant Expansion
August 04, 2010, 11:48, (Property Xpress) - German concern Knauf is considering allocating EUR 100 mln for expansion of its paperboard production facility ...   read more
POC Doverie Sells Its Shares in Prime Property BG
August 04, 2010, 10:38, (Property Xpress) - Bulgaria’s pension assurance company POC Doverie has sold its shares in one of the largest property funds ...   read more
Srednerussky Bank of Sberbank Provides Funds for Shopping Mall in Tula
August 04, 2010, 9:58, (Property Xpress) - The Srednerussky Bank of Sberbank of Russia has signed an agreement on opening a credit line to local ...   read more
Aktiv Properties Announces Land-Use Change
August 04, 2010, 9:11, (Property Xpress) - Aktiv Properties REIT has announced it has changed the purpose of 2.92 ha of agricultural land into a site ...   read more
Raven Russia Sells Warehouse Property for USD 42 mln
August 04, 2010, 8:53, (Property Xpress) - Raven Russia, a property company focusing on investments in Russian warehouses, announced on Wednesday, it has ...   read more



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