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New Private Equity Fund Launched for Romania, Bulgaria
October 01, 2010, 7:31, (Property Xpress) - A US manager of private equity funds has announced the first closure of a EUR 150 mln vehicle to invest in ...   read more
SRV Group to Develop USD 300 mln Shopping Mall
September 30, 2010, 14:25, (Property Xpress) - Finnish concern SRV Group will build a USD 300 mln Pearl Plaza shopping center by 2014, as part of the Baltic ...   read more
Nizhny Novgorod Logistics Development Receives Priority Status
September 30, 2010, 13:54, (Property Xpress) - The third construction stage of a logistics development in the Nizhny Novgorod region has been declared as a ...   read more
Auchan to Acquire Land for Craiova Hypermarket
September 30, 2010, 12:58, (Property Xpress) - French group Auchan is negotiating with Belgian developer BelRom to acquire part of the 15 ha site for the ...   read more
Metro Cash & Carry to Resume Russian Expansion
September 30, 2010, 12:47, (Property Xpress) - German hypermarket chain Metro Cash & Carry intends to return to pre-crisis levels of expansion in 2011, ...   read more
EUR 33 mln Bulgaria Focused Fund to Get Approval in October
September 30, 2010, 12:03, (Property Xpress) - The Bulgarian Parliament is expected to endorse an agreement at the end of October this year, foreseeing ...   read more
Fond RGS to Auction 10 Ha for Affordable Housing
September 30, 2010, 11:25, (Property Xpress) - Russia’s federal fund to promote housing construction (Fond RGS) will hold an auction on October 27, to ...   read more
Update: Large Mixed-use Development to Start in Belgrade in Spring
September 30, 2010, 11:12, (Property Xpress) - On November 25, the Tel Aviv District Court is expected to decide on the sale of Engel Resources and ...   read more
MDM-Bank Becomes Shareholder in Rostov Shopping Mall
September 30, 2010, 10:05, (Property Xpress) - MDM-Bank has acquired a 19 pct stake in Unicum company, the bank said on Tuesday. In August 2009, Unicum ...   read more
Atlantska Plovidba to Develop Mixed-use Property in Croatia
September 30, 2010, 9:34, (Property Xpress) - Dubrovnik-based Atlantska Plovidba is waiting for a building permit to start construction of a commercial and ...   read more
Molodezhny Neighborhood under Development in Krasnodar
September 30, 2010, 8:57, (Property Xpress) - Investments in construction of the 208,000 sq. m housing complex Molodezhny in Krasnodar will exceed RUB 6.0 ...   read more
Third Holiday Inn Hotel to Appear in Serbia in 2012
September 30, 2010, 8:22, (Property Xpress) - Construction of a four star Holiday Inn Hotel in Serbia is scheduled to begin in March 2011 and be completed ...   read more
IHG to Affiliate Second Crowne Plaza Hotel in St. Petersburg
September 30, 2010, 7:42, (Property Xpress) - Hotel operator Intercontinental Hotels Group will sign an agreement to open a Crowne Plaza Hotel in St. ...   read more
Austrian Group to Invest EUR 150 mln in Romanian Plant
September 30, 2010, 7:25, (Property Xpress) - An Austrian manufacturer of wood based panels will invest EUR 150 mln in a Romanian plant, as part of an ...   read more
Montenegro Seeks Partner for Airport Project
September 29, 2010, 15:06, (Property Xpress) - The government of Montenegro has announced a tender to select a strategic partner for a joint venture to ...   read more
Stolitza Nizhny to Complete Sedmoe Nebo Neighborhood in 2012
September 29, 2010, 14:13, (Property Xpress) - Nizhny Novgorod-based Stolitza Nizhny group of companies, the region’s largest real estate development ...   read more
Portanova Mall in Osijek to Open in Spring
September 29, 2010, 13:23, (Property Xpress) - Portanova shopping center, currently under construction at the western entrance of the Croatian city of ...   read more
Northern Capital Gateway to Appoint Contractor for Pulkovo Airport Reconstruction
September 29, 2010, 12:31, (Property Xpress) - Northern Capital Gateway, which won a 30 year concession to operate Pulkovo Airport, will select a general ...   read more
Construction of Three-Star Hotel Chain to Start in Ukraine
September 29, 2010, 11:51, (Property Xpress) - A Kiev-based company intends to build three star hotels in each of the cities of Kiev, Lviv, Dnipro, Kharkov, ...   read more
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



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