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PIK Group Signs USD 40 mln Refinance Deal, Sees 12.5 Pct Property Portfolio Increase in H1’2011
September 13, 2011, 11:04, (Property Xpress) - PIK Group, focusing on large-scale residential projects within the Moscow area and selected Russian regions, ...   read more
Macquarie Airports Interested in Ukrainian Project
September 13, 2011, 10:41, (Property Xpress) - Australian Macquarie Airports Group (MAG) has expressed interest in operating one of the Ukrainian air hubs ...   read more
Developer Presents 90,000 Sq. m Logistics Park Project
September 13, 2011, 9:57, (Property Xpress) - A Russian development group has presented its Krasnokamsky industrial park project, being implemented on 18 ha ...   read more
Continental Hotels Unveils Development Plans
September 13, 2011, 8:59, (Property Xpress) - Spanish investment fund GED, who recently took over a 30 pct stake in Romania’s Continental Hotels chain, ...   read more
Rublevo-Arkhangelskoye Set to Raise Funds via Share Issue
September 13, 2011, 8:27, (Property Xpress) - ZAO Rublevo-Arkhangelskoye, which intends to build an international financial center near Moscow, will hold an ...   read more
Investment Firm to Sell Two Properties in Bulgaria and Romania
September 13, 2011, 7:59, (Property Xpress) - A Guernsey-incorporated investment company will be looking to divest its assets in Bulgaria and Romania and ...   read more
Polish Garment Retailer to Enter Russia
September 12, 2011, 15:25, (Property Xpress) - A Poland-based garment producer and retailer has selected a franchise partner to open 10 stores in Russia by ...   read more
Ligov Retail Center to Open in September
September 12, 2011, 14:37, (Property Xpress) - Ligov retail and entertainment complex will be launched on September 17 in St. Petersburg. The eight-story ...   read more
EUR 11 mln for Intermodal Terminal in Plovdiv
September 12, 2011, 14:15, (Property Xpress) - Bulgaria’s state-run National Railway Infrastructure Company (NRIC) has prepared the full set of documents ...   read more
Contractor to Build EUR 50 mln Warehouse Project
September 12, 2011, 12:59, (Property Xpress) - A Russian construction company will develop a 30,000 sq. m warehouse project in the industrial area of ...   read more
Probistip Municipality Mulls Spa Complex Development
September 12, 2011, 12:48, (Property Xpress) - The Macedonian Probistip Municipality has begun a public hearing procedure to receive comments on a proposal ...   read more
YIT Increases St. Petersburg Land Bank
September 12, 2011, 12:32, (Property Xpress) - Finnish developer YIT has bought two land plots of a total area of 2.5 ha on 65, Moskovsky Prospect, and 3, ...   read more
Developer Starts EUR 12 mln Bucharest Housing Project
September 12, 2011, 12:06, (Property Xpress) - A Romanian residential property developer has begun construction of a housing project with 400 apartments in ...   read more
Retailer Sets aside EUR 130 mln for New Russian Stores
September 12, 2011, 11:32, (Property Xpress) - An international retail chain today announced it has embarked on an expansion drive to emerge as a market ...   read more
DIY Retailers Secure Locations for Next Bulgarian Stores
September 12, 2011, 11:06, (Property Xpress) - Two home improvement retail chains have secured sites for next Bulgarian stores. In particular, Sofia-based ...   read more
Update: Auchan Appoints Developer for Next Russian Store
September 12, 2011, 10:18, (Property Xpress) - The Russian subsidiaries of the French retailers Auchan and Leroy Merlin have signed agreements of intent with ...   read more
Property Investor to Dispose of Assets in Romania, Serbia, Bulgaria
September 12, 2011, 10:02, (Property Xpress) - A property investor active in Romania, Serbia and Bulgaria is willing to dispose of a number of retail, ...   read more
Institutional Investors Establish Russia Real Estate Vehicle
September 12, 2011, 9:20, (Property Xpress) - A EUR 95 mln real estate vehicle, whose value, along with a leveraged component, could go to EUR 300 mln, has ...   read more
Chernigov to Allocate Land for Residential Neighborhood
September 12, 2011, 8:42, (Property Xpress) - A former military camp in Chernigov, occupying an 80 ha area, will be transformed into a new residential ...   read more
IHG to Penetrate Russian Market
September 12, 2011, 8:14, (Property Xpress) - InterContinental Hotels Group (IHG) intends to increase the number of its units in Russia and the CIS to 100 ...   read more
Orchid Developments Extends Loan Repayment
September 12, 2011, 7:39, (Property Xpress) - Orchid Developments Group, a property developer active in Bulgaria, today announced it has signed a new credit ...   read more
Unicredit Bulbank Acquires Sofia Residential Land Site
September 09, 2011, 15:37, (Property Xpress) - Unicredit Bulbank, the Bulgarian subsidiary of the Italian Unicredit banking group, has acquired a 49,700 sq. ...   read more
OPIN to Increase Share Capital
September 09, 2011, 14:40, (Property Xpress) - Russian development holding Open Investments (OPIN), controlled by Mikhail Prokhorov, has decided to increase ...   read more
Ukrainian Cinema Theater Operator Plans IPO
September 09, 2011, 14:11, (Property Xpress) - A Ukrainian cinema theater operator plans to conduct an IPO, it said in a statement. Kiev-registered OOO ...   read more
Huawei to Set up Global Support Center in Romania
September 09, 2011, 12:59, (Property Xpress) - Huawei Romania, a subsidiary of one of the world’s largest telecommunication equipment manufacturers, wants ...   read more

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