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US Group to Invest in Romanian Manifacturing Facility
November 01, 2010, 16:52, (Property Xpress) - A US-based group has unveiled plans to start construction of a manufacturing facility in Romania next year. ...   read more
Montenegro to Auction Property on the Adriatic Coast
November 01, 2010, 16:31, (Property Xpress) - The Montenegrin Privatization Council today announced a new tender to sell a 56.48 pct stake (215,950 shares) ...   read more
Lenta to Resume Expansion in 2011
November 01, 2010, 15:29, (Property Xpress) - Russia’s hypermarket chain Lenta, whose development has been almost completely stopped because of a ...   read more
EUR 50 mln Property Fund Launch Expected in Early 2011
November 01, 2010, 14:52, (Property Xpress) - A Romania-focused real estate investment fund with a target capitalization of EUR 30-50 mln will be launched ...   read more
Microsoft Signs MOU with Russia’s Skolkovo Fund
November 01, 2010, 14:20, (Property Xpress) - Software giant Microsoft Corp. has signed a memorandum of understanding (MOU) with the Russia’s Skolkovo ...   read more
Second Romanian Shopping Mall to go Bankrupt
November 01, 2010, 13:58, (Property Xpress) - A second shopping and entertainment center in Romania is likely to go bankrupt, after its lending institution ...   read more
Mostotrest Wins USD 2.0 Bln Contract
November 01, 2010, 13:29, (Property Xpress) - Russian infrastructure builder Mostotrest, which is expected to complete an initial public offering (IPO) this ...   read more
Petrol Group to Speed up Serbia Expansion
November 01, 2010, 13:21, (Property Xpress) - Slovenia’s fuel retailer Petrol Group intends to actively expand in Serbia in 2011, as part of a larger ...   read more
Russian Retailer in Talks to Sell Land for Shopping Mall
November 01, 2010, 12:45, (Property Xpress) - A Russian retail chain has abandoned plans to build a shopping and entertainment center on the site of the ...   read more
Avrig 35 to Unfreeze Romania Developments in 2011
November 01, 2010, 12:10, (Property Xpress) - Avrig 35, one of the largest developers in the Romanian real estate market, plans to start five to seven new ...   read more
Integrated Development Project to Start in Tomsk
November 01, 2010, 11:26, (Property Xpress) - The foundation stone for a USD 500 mln business city project in the Tomsk region will be laid on November 2. ...   read more
EBRD Grants EUR 75 Mln for Moldova Road Rehabilitation
November 01, 2010, 10:36, (Property Xpress) - The European Bank for Reconstruction and Development (EBRD) is providing a EUR 75 mln loan to rehabilitate the ...   read more
150-Room Four Star Hotel to Open in Kazan in 2011
November 01, 2010, 9:58, (Property Xpress) - A new four star hotel with 150 rooms will open in the city center of Kazan in early 2011. The six-story ...   read more
Hotel Investment Planned for Rousse
November 01, 2010, 9:32, (Property Xpress) - A new hotel complex will be built in the center of the Bulgarian Danube city of Rousse. The accommodation unit ...   read more
Don-Plaza Resumes Mixed-use Hotel/Retail Project
November 01, 2010, 9:13, (Property Xpress) - Russian company Don-Plaza, owner of hotels in Rostov-on-Don and Taganrog, has decided to unfreeze its ...   read more
K.A.N. Development to Commission 200,000 Sq. m of Housing and Office Space by End’2011
November 01, 2010, 8:53, (Property Xpress) - K.A.N. Development is planning to complete construction of the A-class business center Maria on Moscovskaya/ ...   read more
Kiev Allocates Land for Embassy Building
October 29, 2010, 12:58, (Property Xpress) - Kiev City Council has allocated 0.25 ha of land at 17, Solomenskaya Street in the Ukrainian capital to the ...   read more
Novaport to Start Terminal Building Construction in December
October 29, 2010, 12:49, (Property Xpress) - Russian company Novaport, part of AEON Corporation, expects to receive approval of the General Directorate of ...   read more
Kika to Build New Retail Center in Croatia
October 29, 2010, 12:30, (Property Xpress) - Austrian furniture retailer Kika intends to open a new retail center in Croatia. According to unofficial ...   read more
Pharmaceutical Factory Planned for Kaluga Region
October 29, 2010, 12:13, (Property Xpress) - A protocol of intent foreseeing construction of a pharmaceutical factory in the city of Obninsk, about 80 km ...   read more
ESTA Holding to Invest USD 15 mln in Hotel Refurbishment
October 29, 2010, 11:45, (Property Xpress) - ESTA Holding, part of System Capital Management Group (SCM), plans to begin reconstruction of its Kiev Hotel ...   read more
Tashir Group Opens Shopping Malls in Ivanovo, Tula
October 29, 2010, 11:02, (Property Xpress) - Tashir group of companies, developing a federal network of shopping centers under the Rio brand, has announced ...   read more
Carrefour Romania Borrows EUR 60 mln
October 29, 2010, 10:28, (Property Xpress) - Carrefour Romania, the biggest player in the local market with a EUR 1.02 bln business in 2009, has approved ...   read more
Interstate Hotels & Resorts to Manage 1,500-Room Facilities in Sochi
October 29, 2010, 9:48, (Property Xpress) - International hotel operator Interstate Hotels & Resorts (IHR) will manage four hotels in Gornaya Karusel ...   read more
British Group to Focus on Marina Developments in Croatia, Montenegro
October 29, 2010, 9:00, (Property Xpress) - A Croatia and Montenegro-focused real estate developer today announced it has made progress in relation to a ...   read more



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