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Victoria’s Owner Turns to Hotel Investments
March 30, 2010, 10:33, (Property Xpress) - Head and main shareholder of Victoria grocery retail chain, Nikolay Vlasenko, is turning to the hospitality ...   read more
Bucharest Radisson Unit Supports Elbit’s 2009 Hotel Revenues
March 30, 2010, 9:42, (Property Xpress) - Elbit Imaging, owner of Radisson Hotel in Bucharest, registered a four pct increase in revenue from its hotel ...   read more
Turkish Firm Leases Hotel in Vinnitsa, Ukraine
March 30, 2010, 9:20, (Property Xpress) - Bosporus company, controlled by Turkish investors, has leased Savoy Hotel in the center of Vinnitsa, Ukraine, ...   read more
SAAB Said to Build Russia Car Factory
March 30, 2010, 8:22, (Property Xpress) - Vladimir Antonov, a Russian banker and former principal shareholder of the Dutch luxury car manufacturer ...   read more
Bulgarian REIT to Start Construction on Mixed-use Project in 2010
March 30, 2010, 7:58, (Property Xpress) - A Bulgarian REIT said its operating revenue dropped nearly eight times in 2009, to BGN 119,000. According to ...   read more
Magnit Sets Aggressive Expansion Plans for 2010/2011
March 30, 2010, 7:19, (Property Xpress) - Magnit, Russia’s largest retailer in terms of store numbers, plans to open 30-35 hypermarkets in 2010, and ...   read more
Auchan’s Financial Results Revealed in Russia
March 30, 2010, 6:33, (Property Xpress) - French retailer Auchan has never revealed its Russian financial figures, but was compelled to do so in a court ...   read more
New Coffeehouse Chain Enters Romania
March 30, 2010, 6:30, (Property Xpress) - An international coffeehouse chain has entered the Romanian market by signing a franchise agreement with a ...   read more
IKEA Retains Plans for Western Balkan Countries
March 29, 2010, 14:51, (Property Xpress) - IKEA plans soon to enter Slovenia, Croatia and Serbia. Since it believes Croatia has potential for more than ...   read more
Grinatom Rents 4,000 Sq. m of Office Space in Novospassky Dvor
March 29, 2010, 14:01, (Property Xpress) - ZAO Grinatom, a subsidiary of Rosatom State Nuclear Energy Corporation, has rented 4,034 sq. m in the ...   read more
Belgian Developer to Spend EUR 150 mln for Romanian Office Project
March 29, 2010, 13:43, (Property Xpress) - A Belgian real estate developer will invest EUR 150 mln to build an office compound in Bucharest, Romania. The ...   read more
First Phase of Galleria Plovdiv to Open in April
March 29, 2010, 13:10, (Property Xpress) - The first phase of Galleria Plovdiv shopping mall in the Bulgarian city of Plovdiv is scheduled to open on ...   read more
ARSIB Holding to Build Accor-Branded Hotel in Tyumen
March 29, 2010, 12:48, (Property Xpress) - ARSIB Holding Group is expected to build a hotel in Tyumen, to be operated by the French group Accor, after ...   read more
Hornbach to Open Fourth Romanian Hypermarket
March 29, 2010, 12:08, (Property Xpress) - Hornbach-Baumarkt-AG, a European operator of home improvement and garden stores, will open a fourth ...   read more
VIVA Butovo Shopping Mall Opens in April
March 29, 2010, 11:52, (Property Xpress) - VIVA Butovo shopping center will open in Moscow on April 29, following a USD 90 mln investment, project lease ...   read more
PPF Group and Milan Janku Create Joint Venture
March 29, 2010, 10:09, (Property Xpress) - PPF Group and businessman Milan Janku have reached an agreement to found a joint real estate asset management ...   read more
PPF Group and Milan Janku Create Joint Venture
March 29, 2010, 10:09, (Property Xpress) - PPF Group and businessman Milan Janku have reached an agreement to found a joint real estate asset management ...   read more
Lviv City to Hold Land Auction
March 29, 2010, 9:43, (Property Xpress) - Lviv City will hold a land auction on April 20 to sell a record number of lots. Municipal authorities will try ...   read more
St. Petersburg Children Retailers Bet on Moscow Market
March 29, 2010, 9:26, (Property Xpress) - St. Petersburg-based chain Deti (Kids) plans to increase its Moscow stores to 30 over the next two years. The ...   read more
Cinema City Acquires Office Property in Romania
March 29, 2010, 9:04, (Property Xpress) - Israeli-based Cinema City International, operating multiplex and IMAX cinemas in both Israel and Europe, has ...   read more
Hochtief to Join VIP Group’s Airport Terminal Project
March 29, 2010, 8:41, (Property Xpress) - Russian VIP Group and Germany’s Hochtief AG plan to invest about EUR 200 mln to complete the Khrabrovo ...   read more
Russian Investors Interested in Kyustendil Spa Development
March 29, 2010, 8:25, (Property Xpress) - An official intention to build a SPA center in Kyustendil, Bulgaria has been sent by Russian investors, said ...   read more
Four Seasons Hotel to Appear in Moscow
March 29, 2010, 7:12, (Property Xpress) - Shareholders of Kievskaya Ploshchad plan to create a five star hotel chain in Moscow, said a company ...   read more
PVT to Invest in Shopping Center in Virovitica, Croatia
March 26, 2010, 16:46, (Property Xpress) - Director of PVT d.o.o, part of Oportunitas Group, Hrvoje Puljiz, and the Mayor of Croatian city of Virovitica ...   read more
Favorite to Build Hotel in St. Petersburg
March 26, 2010, 16:16, (Property Xpress) - Russian company Favorite, affiliated with Macromir holding, has received 14.5 ha of land on Strelna Street in ...   read more



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