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Mercator 2009 Profit Down by a Half, Revenue Remains Flat
February 26, 2010, 8:16, (Property Xpress) - Slovenia’s largest retail chain, Mercator, posted a EUR 21.1 mln net profit in 2009, a decrease of 48.02 pct ...   read more
Count Kushelev-Bezborodko Sold to Tsertum-Invest
February 26, 2010, 8:08, (Property Xpress) - The buyer of the St. Petersburg-based XVIII-century palace of Count Kushelev-Bezborodko on Kutuzov Embankment ...   read more
9,000 Sq. m Retail Center to Open in Belgrade in May
February 25, 2010, 16:27, (Property Xpress) - Point trade center is being developed on Stepe Stepanovic Street in Belgrade’s Kaluderica settlement. The ...   read more
St. Petersburg to Sell Land for 38,000 Sq. m Mixed-use Center
February 25, 2010, 15:39, (Property Xpress) - The Property Fund of St. Petersburg has scheduled an auction for April 21, when it intends to sell 6,013 sq. m ...   read more
Foxtrot to Open Seven Stores in March
February 25, 2010, 15:22, (Property Xpress) - Ukraine’s home appliance and electronics retailer Foxtrot plans to open two hypermarkets in Vinnitsa and ...   read more
Saint Gobain Leases 3,200 Sq. m at Bucharest West Park
February 25, 2010, 14:44, (Property Xpress) - French building materials manufacturer Saint Gobain Construction Products has leased 3,260 sq. m of industrial ...   read more
UMACO Acquires Eurolux Hotel in Moscow
February 25, 2010, 14:30, (Property Xpress) - Last week, UMACO Group finalized a deal to purchase Eurolux hotel complex on Kirovogradskaya Street in South ...   read more
TQ Plaza to Open in Summer’2010
February 25, 2010, 13:56, (Property Xpress) - TQ Plaza business and residential center in the center of Budva will be completed by early July, said ...   read more
Omsk Receives Three Consortia Bids for Omsk-Fedorovka Airport
February 25, 2010, 13:34, (Property Xpress) - Omsk city authorities have completed receipt of applications for participation in an open competition to ...   read more
Production Site in Romania Sold for EUR 2.6 mln
February 25, 2010, 13:01, (Property Xpress) - After 13 failed attempts, liquidators of the assets of a former industrial production facility in Romania have ...   read more
Italians Invest EUR 3.8 mln in Chelyabinsk Ski Resort
February 25, 2010, 12:36, (Property Xpress) - An Italian company has become a shareholder in a Russian ski resort, located in Miassa suburb of the ...   read more
Lidl Plans Thee Store Openings in Rousse
February 25, 2010, 11:46, (Property Xpress) - Germany-based discount supermarket chain Lidl, part of the Lidl & Schwarz group, is planning to open three ...   read more
Construction on Cottage Settlements Starts near Moscow
February 25, 2010, 11:13, (Property Xpress) - This month, Russian company Good Wood has begun construction of a new cottage community called ‘Lvivskie ...   read more
Sibenik to Break Contract with Orco
February 25, 2010, 10:47, (Property Xpress) - Croatian city of Sibenik and Orco group will try to agree on an extra-judicial settlement and terminate the ...   read more
St. Petersburg to Sell 10 Ha in Neva Industrial Zone
February 25, 2010, 10:27, (Property Xpress) - The Property Fund of St. Petersburg has announced a tender to sell a land lot in Neva industrial zone in the ...   read more
Union Investment to Pursue CEE Opportunities
February 25, 2010, 10:06, (Property Xpress) - Germany’s Union Investment will invest between EUR 1.5 and 2.0 bln in European real estate this year, said ...   read more
Walmart Prepares for Russian Entry
February 25, 2010, 8:38, (Property Xpress) - Тhe world’s largest retailer, Walmart has been actively recruiting staff for its Russian office. Over the ...   read more
Retail Asset with 19,000 sq. m of GLA for Sale in Romania
February 25, 2010, 8:02, (Property Xpress) - A real estate investment fund has put a retail asset in Bucharest, Romania up for sale along with 12 other ...   read more
Lenta to Refinance EUR 200 mln Loan
February 24, 2010, 16:51, (Property Xpress) - Russian retail chain Lenta has initiated talks to refinance a EUR 200 mln syndicated loan, due to be repaid ...   read more
Construction to Start on Small High-end Resort in Montenegro
February 24, 2010, 16:28, (Property Xpress) - A group of foreign investors will start construction on a small high-end tourist resort on Lustica Peninsula ...   read more
Serbia to Allocate EUR 5.7 mln for Hotel in Stara Planina Project
February 24, 2010, 15:06, (Property Xpress) - EUR 5.7 mln will be allocated from the Serbia’s budget for construction of a hotel in the Jabucko Ravniste ...   read more
Six Ha Lot in St. Petersburg Goes to Auction
February 24, 2010, 14:49, (Property Xpress) - Six ha of land divided into five lots will be auctioned in St. Petersburg. As Property Xpress earlier ...   read more
Coastal Site in Montenegro Sold for EUR 24 mln
February 24, 2010, 13:48, (Property Xpress) - A coastal site in Montenegro has been sold for approximately EUR 24 mln. Main shareholders in hotel and ...   read more
Lukoil Starts Construction on New Moscow Office Buildings
February 24, 2010, 13:15, (Property Xpress) - Russian oil company Lukoil has commenced construction of its additional buildings to the company’s central ...   read more
Retailers in Cotroceni Mall Record EUR 19 mln Sales Gain in December
February 24, 2010, 12:56, (Property Xpress) - Israel Visel, Director of Cotroceni Park shopping center in the Bucharest sector 6, has revealed data ...   read more



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