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Finam Purchases 7,500 Sq. m Office Center in Central Moscow
March 04, 2010, 13:38, (Property Xpress) - Russian investment holding Finam has acquired an office center of 7,500 sq. m near Tverskaya Street in Moscow. ...   read more
Israeli Firm to Buy Land for Commercial Establishments in Bulgaria
March 04, 2010, 13:06, (Property Xpress) - An Israeli company is interested in building a new hospital in Bulgaria, to be situated on a plot adjacent to ...   read more
Industrial Site near St. Petersburg Acquired for USD 1.0 mln
March 04, 2010, 12:28, (Property Xpress) - The local subsidiary of a German industrial group has acquired 23.5 ha of land in the village of Strelna near ...   read more
EUR 300 mln Mixed-use Scheme Advances in Split, Croatia
March 04, 2010, 12:02, (Property Xpress) - This summer, construction work on a modern shopping mall worth EUR 170 mln will begin in Split, Croatia. The ...   read more
Sheraton Hotels & Resorts on Expansion Spree
March 04, 2010, 11:05, (Property Xpress) - Starwood Hotels & Resorts Worldwide is planning to spend USD 4.0 bln for its Sheraton Hotels & Resorts brand ...   read more
Ukrainian Property Fund to Sell Stake in TSUM Department Store
March 04, 2010, 10:49, (Property Xpress) - The State Property Fund of Ukraine plans to sell a 39.647 pct stake in JSC Kiev Central Department Store ...   read more
Metro Retains Russian Expansion Plans at 2009 Level
March 04, 2010, 9:50, (Property Xpress) - German Metro Cash & Carry plans to put four shopping centers into operation in Russia this year. "I can assure ...   read more
Developer Sells Bulgarian Real Estate Holdings for EUR 85 mln
March 04, 2010, 9:36, (Property Xpress) - A property developer has sold its holdings in shopping mall projects in Bulgaria in a EUR 85 mln deal. On ...   read more
Avon Rents 4,800 Sq. m of Offices in Central Moscow
March 04, 2010, 8:22, (Property Xpress) - Avon company has leased 4,861 sq. m of office space in Fusion Park business center for five years, lease agent ...   read more
96,000 Sq. m Shopping Mall Announced for Skopje, Macedonia
March 04, 2010, 8:19, (Property Xpress) - EUR 68 mln will be invested in construction of the first regional shopping mall in Skopje, Macedonia, project ...   read more
Selgros Opens Third Russian Center
March 03, 2010, 16:29, (Property Xpress) - Selgros, a chain of wholesale stores belonging to the German Rewe group, will launch its third Russian center, ...   read more
Deichmann Posts EUR 15.6 mln Turnover in Romania
March 03, 2010, 16:03, (Property Xpress) - German footwear retailer Deichmann posted a RON 63.8 mln (EUR 15.6 mln) turnover in Romania last year, up 114 ...   read more
Cyprus-based Liviastar Services to Acquire Moscow Developer
March 03, 2010, 15:39, (Property Xpress) - Cyprus-based Liviastar Services Limited has been allowed to acquire 100 pct of the shares of Russian companies ...   read more
Kiev Prepares to Auction 12 Land Lots
March 03, 2010, 14:42, (Property Xpress) - Kiev City Council has defined 12 land lots in the city, with a total area of 4.16 ha, for subsequent sale at ...   read more
Inditex Leases 3,100 Sq. m in Leto Shopping Mall
March 03, 2010, 13:53, (Property Xpress) - Spanish fashion giant Inditex will open several stores in Leto shopping and entertainment center, currently ...   read more
Romania Property Fund Struggles with Bankruptcy
March 03, 2010, 13:32, (Property Xpress) - Romania Property Fund has announced it terminated its management agreement with Lewis Charles Securities ...   read more
Lenta Starts Construction on New Hypermarket
March 03, 2010, 13:05, (Property Xpress) - St. Petersburg-registered company ‘Lenta’, operating a retail chain with the same name, has started ...   read more
SPAR to Open 20 Stores in Slovenia in 2010
March 03, 2010, 12:50, (Property Xpress) - SPAR Slovenia, a subsidiary of Aspiag and the second largest grocery retailer in Slovenia, will open about 20 ...   read more
OBI Hypermarket Opens in Krasnodar
March 03, 2010, 12:19, (Property Xpress) - DIY OBI hypermarket was officially launched today in Krasnodar, as part of the first phase of Oz-Mall project ...   read more
Bulgarian Sports Ministry Grants Building Rights over Sofia Stadium
March 03, 2010, 12:04, (Property Xpress) - Bulgarian Ministry of Physical Education and Sports has agreed with one of the Sofia-based football clubs to ...   read more
US-based Architects to Design Presidential Hotel in Vladivostok
March 03, 2010, 11:14, (Property Xpress) - A US-based architectural practice has been invited as part of an international team of architects, engineers, ...   read more
Croatian Consortium Loses EUR 3.0 bln Contract in Montenegro
March 03, 2010, 10:55, (Property Xpress) - The Croatian construction consortium formed by Konstruktor, Tehnika and IGH has failed to supply guarantees ...   read more
USD 45 mln Raised for Russian Real Estate Fund
March 03, 2010, 10:21, (Property Xpress) - A UK-based investment manager has raised USD 45 mln for its Russian real estate fund, to take advantage of the ...   read more
Large-scale Resort Development Planned for Crimea, Ukraine
March 03, 2010, 9:53, (Property Xpress) - Over USD 85 mln will be invested in a large scale resort development in Crimea, Ukraine. The scheme will be ...   read more
Hilton Hotel in Sibiu Sees 30 Pct Increase in Revenue in 2009
March 03, 2010, 8:04, (Property Xpress) - Romanian businessman Nicolae Minea expects a 67 pct increase in revenue this year, to EUR 5.0 mln, from his ...   read more



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