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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
St Petersburg Largest Developer Debuts in Moscow
September 28, 2010, 12:46, (Property Xpress) - St. Petersburg-based company LenSpecSMU has bought a 95 pct stake in Moscow-based Daykar, which has the right ...   read more
Polonsky to Sell Astra Montenegro Project for One Euro
September 28, 2010, 12:14, (Property Xpress) - Russian billionaire Sergei Polonsky is going to sell his Astra Montenegro project at Zavala Cape in Budva for ...   read more
Nevskaya Stroitelnaya Compania to Build Cottage Village
September 28, 2010, 11:38, (Property Xpress) - Nevskaya Stroitelnaya Compania (NSC) will build a 188-unit housing estate in the Vsevolozhsk area of St. ...   read more
Carrefour to Anchor Rousse Shopping Mall
September 28, 2010, 11:14, (Property Xpress) - French retail chain Carrefour has signed a lease to occupy 8,000 sq. m at Mall Rousse, currently under ...   read more
Moscow Mayor Leaves Office
September 28, 2010, 10:53, (Property Xpress) - Yury Luzhkov will leave the mayor’s office after President Dmitry Medvedev “lost confidence” in Luzhkov, ...   read more
Turkey to Establish Industrial Zone in Southern Serbia
September 28, 2010, 10:00, (Property Xpress) - Serbia has made an offer to Turkey to develop a duty-free industrial zone in the country’s southern Sandzak ...   read more
MDM Bank Acquires Share in Regional Shopping Mall
September 28, 2010, 9:36, (Property Xpress) - Russia’s private lending institution MDM Bank has received a share in a non-core asset, obtaining a 19 pct ...   read more
Five Star Hotel Project Gets Green Light in Ukraine
September 28, 2010, 9:15, (Property Xpress) - A five star hotel project in Ukraine, due to become operational by the start of Euro-2012, has been approved. ...   read more
Finnish Firm to Pour EUR 25 mln in St. Petersburg Manufacturing Unit
September 28, 2010, 8:34, (Property Xpress) - A Finnish company will start construction of a second plant for production of concrete products in St. ...   read more
Developer Remains Confident about Croatia, Montenegro Investments
September 28, 2010, 8:00, (Property Xpress) - A British-based operator and developer of premier tourism and leisure facilities in Croatia and Montenegro has ...   read more
Chinese Carmaker in Talks to Set up Russian Plant
September 28, 2010, 7:08, (Property Xpress) - A Chinese automaker is examining the possibility of setting up a car assembly line in the Russian city of ...   read more



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