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Mirax Withdrawn as Partner in JV Development in Montenegro
December 28, 2009, 11:42, (Property Xpress) - Budva Municipality has withdrawn participation of the Russian company Mirax as a partner to build the future ...   read more
Serbian Company to Develop EUR 23 mln Distribution Center
December 28, 2009, 10:31, (Property Xpress) - The Serbian subsidiary of a Slovenian freight-forwarding and transportation company will start construction ...   read more
RUB 8.5 bln Granted to Primorsky Krai
December 28, 2009, 10:29, (Property Xpress) - Russian federal subject Primorsky Krai has received RUB 8.5 bln (USD 286.6 mln) to develop a social and ...   read more
Madara Bulgarian Property Fund Delists from AIM
December 28, 2009, 10:01, (Property Xpress) - Madara Bulgarian Property Fund, a LSE quoted real estate developer active in Bulgaria, has announced raising ...   read more
PIK Completes Loan Restructuring, to Borrow USD 430 mln
December 28, 2009, 9:59, (Property Xpress) - Russian PIK Group has completed its loan portfolio restructuring in a move aimed to receive new funding from ...   read more
Four-Star Hotel to Open in Kaluga in April
December 28, 2009, 9:29, (Property Xpress) - A four star lodging facility with 136 rooms and associated boarding house with 74 apartments will open in ...   read more
TAV to Receive EUR 10 mln for Macedonian Airports Project
December 28, 2009, 9:14, (Property Xpress) - EUR 10 mln funding has been approved to support the Turkish TAV Holding’s reconstruction project of Skopje ...   read more
O’Key to Anchor Europe Shopping Center in Lipetsk
December 28, 2009, 9:11, (Property Xpress) - St. Petersburg hypermarket chain O’Key is likely to occupy premises in Europe shopping center in Lipetsk, ...   read more
Immoeast Posts H1’2009 Results, Keeps Positive Outlook
December 28, 2009, 8:50, (Property Xpress) - Immoeast has reported EUR 314 mln in revenues in the first half of 2009, nearly double compared to the ...   read more
Immoeast Posts H1’2009 Results, Keeps Positive Outlook
December 28, 2009, 8:47, (Property Xpress) - Immoeast has reported EUR 314 mln in revenues in the first half of 2009, nearly double compared to the ...   read more
Fiat Acquires 67 pct in Serbian Zastava Car Factory
December 28, 2009, 8:07, (Property Xpress) - Last week, Italian automaker Fiat signed an agreement to purchase 67 pct in the Zastava factory in the central ...   read more
EUR 2.3 mln for Office Building in Moldova
December 28, 2009, 8:06, (Property Xpress) - A EUR 2.3 mln loan will be granted to support construction of a modern, energy efficient office building in ...   read more
Property Xpress Wishes All its Readers a Merry Christmas and a Prosperous New Year!
December 24, 2009, 7:56, (Property Xpress) - Property Xpress will resume publication on December, 28 till December 30, 2009. ...   read more
Ukrainian Holding Sells Development Site to Finance 55,000 sq. m Resort Project
December 23, 2009, 15:35, (Property Xpress) - A Ukrainian holding company plans to sell a logistics company and real estate assets in a move aimed at ...   read more
St. Petersburg Grants 2,000 Sq. m Site for Hotel Development
December 23, 2009, 14:52, (Property Xpress) - St. Petersburg city authorities have granted a land area of 2,150 sq. m at Krestovskiy Prospect in the city to ...   read more
Eldorado Opens Two Stores in Ukraine
December 23, 2009, 14:39, (Property Xpress) - Russia’s largest electronics and home appliances retailer Eldorado will launch two stores in Ukraine ...   read more
EKE Aims to Complete Pulkovo Sky by Summer 2010
December 23, 2009, 13:22, (Property Xpress) - Finland’s EKE Group will put the second stage of Pulkovo Sky business center into operation in the first ...   read more
Montenegrin Hotel to Sign Franchise Deal with International Operator
December 23, 2009, 13:05, (Property Xpress) - Shareholders of a Montenegrin hotel company have approved signing a management and franchise agreement for ...   read more
Centrally Located Site in Belgrade Acquired for EUR 23 mln
December 23, 2009, 12:19, (Property Xpress) - A centrally located land lot of over 100,000 sq. m destined for a mixed-use project in Old Belgrade, Serbia ...   read more
Construction on Billa Supermarket Begins in Bulgaria
December 23, 2009, 11:30, (Property Xpress) - Construction work on a Billa supermarket began yesterday. The facility will be built in the center of the ...   read more
Kopeyka Changes Ownership, Walmart Likely Buyer
December 23, 2009, 10:51, (Property Xpress) - Federal Antimonopoly Service of the Russian Federation has permitted Cyprus offshore Efkarpos Enterprises Ltd ...   read more
Franklin Templeton Purchases Share in Romanian Developer
December 23, 2009, 9:30, (Property Xpress) - Franklin Templeton emerging markets investment division has purchased a six pct share in Romanian company ...   read more
Chinese Developers to Bring Stroytelniy Trest as Investor in Baltic Pearl
December 23, 2009, 9:21, (Property Xpress) - Chinese developers of Baltic Pearl project in St. Petersburg are preparing to bring the first outside ...   read more
TPS Corrects Krasnodar and Sochi Projects
December 23, 2009, 8:26, (Property Xpress) - Construction work on the second stage of Gallery Krasnodar shopping center, a development project of ...   read more
Green City Second Stage Construction Work Begins in Romania
December 23, 2009, 8:00, (Property Xpress) - Real estate developer Green City Construct, controlled by businessman Dumitru Bucsaru, has started ...   read more



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