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IKEA Romania Reports 13 pct Sales Decrease in 2009/2010 FY
October 07, 2010, 10:54, (Property Xpress) - Romania’s first IKEA store, in the Bucharest Baneasa area, registered a 13.0 pct decrease in sales in the ...   read more
Sistema-Hals Secures Funding for Detsky Mir Reconstruction
October 07, 2010, 10:34, (Property Xpress) - Sistema-Hals today announced signing a credit agreement to finance reconstruction of the Central Detsky Mir ...   read more
Novartis Moves Romanian Headquarters
October 07, 2010, 10:02, (Property Xpress) - Swiss healthcare company Novartis will move its Romania headquarters in Bucharest to the newly built business ...   read more
Anapa Presents Seaport Revitalization Project
October 07, 2010, 9:42, (Property Xpress) - The administration of the Russian Black Sea town of Anapa presented a RUB 2.13 bln project foreseeing ...   read more
Lidl to Open Stores in 25 Bulgarian Municipalities
October 07, 2010, 9:13, (Property Xpress) - Germany’s discount supermarket chain Lidl will open stores in 25 municipalities in Bulgaria over the next ...   read more
USD 630 mln Siberian Mixed-use Scheme in Question
October 07, 2010, 8:51, (Property Xpress) - An international player active in the Russian commercial real estate market since 1993 has not yet found ...   read more
Austrian bauMax to Roll out Three Romanian Stores in 2011
October 07, 2010, 8:19, (Property Xpress) - Austrian bauMax, which ranks fourth among the top players in the Romanian DIY retail market after Praktiker, ...   read more
IKEA Suspends Huge Moscow Building Project
October 07, 2010, 7:50, (Property Xpress) - Sweden’s IKEA, which in early March revealed plans to build the Europe’s largest shopping center called ...   read more
EUR 10 mln Boutique Hotel to Open in Sofia City Center
October 07, 2010, 7:11, (Property Xpress) - Germany’s Design Hotels will manage a new boutique hotel in the historic center of Sofia, currently under ...   read more
Kremikovtzi Plant Goes to Auction in November
October 06, 2010, 15:37, (Property Xpress) - The site of the former Kremikovtzi plant in Sofia together with all assets associated with its production ...   read more
Winner Announced for St. Petersburg Historic Property
October 06, 2010, 15:17, (Property Xpress) - An auction organized by the St. Petersburg city government for the right to lease a monument of federal ...   read more
PIK-Region and Omsk City Sign Settlement Agreement
October 06, 2010, 14:23, (Property Xpress) - Yesterday, Omsk district court ended a conflict between the city administration and PIK-Region, part of ...   read more
Insurance Company to Pour EUR 45 mln in Romanian Real Estate
October 06, 2010, 13:43, (Property Xpress) - The Romanian branch of an international insurance company wants to double its investments in the local market ...   read more
Macedonian Bank Forecloses Newly Built Office Property
October 06, 2010, 12:27, (Property Xpress) - A Macedonian bank has become owner of a seven-story business and administrative building in Skopje, recently ...   read more
48,500 Sq. m Site Sold for RUB 525 mln in St. Petersburg
October 06, 2010, 12:03, (Property Xpress) - After several unsuccessful attempts to sell a land plot on Vasilyevsky Island in St. Petersburg, this ...   read more
MiniMax Discount to Turn to Traditional Trade
October 06, 2010, 11:28, (Property Xpress) - MiniMax Discount food retail chain, recently acquired by Romanian billionaire Dinu Patriciu, will move to ...   read more
CBA Trading Rents Moscow Premises to Open Spar Store
October 06, 2010, 10:57, (Property Xpress) - CBA Trading, developing a franchising network of grocery stores under the Spar brand, has signed a long-term ...   read more
33,000 Sq. m Shopping Mall Announced for Croatia
October 06, 2010, 10:37, (Property Xpress) - A new shopping and entertainment center with a total area of 33,000 sq. m will be developed near the Croatian ...   read more
Construction on Croatian Amusement Park to Start in Spring
October 06, 2010, 10:27, (Property Xpress) - A water amusement park under the Dalmatia name will be built on a 120,000 sq. m site in the future Podi-zapad ...   read more
Ultra-Progress Receives 32,000 Sq. m Site for Mixed-use Center
October 06, 2010, 9:30, (Property Xpress) - Ultra-Progress company has received a 31,821 sq. m site, southeast of the intersection of Kolomyazhsky ...   read more
European Food Retailer to Enter Ukraine in 2012
October 06, 2010, 9:12, (Property Xpress) - A European food retailer is considering entering new countries. In particular, the Ukrainian market is one of ...   read more
Wyndham to Open Ramada Hotel in Domodedovo
October 06, 2010, 8:22, (Property Xpress) - Wyndham Hotel Group will open a Ramada Hotel near the international airport Domodedovo in December 2010. The ...   read more
Macedonia to Sell Land for Five Star Hotel in Ohrid
October 06, 2010, 8:04, (Property Xpress) - Macedonian Ministry of Transport and Communications will auction a 15,878 sq. m site in Gorica, on the Ohrid ...   read more
Saturn Retail Chain to Debut in Russia
October 06, 2010, 7:53, (Property Xpress) - Germany’s Media-Saturn Holding, majority owned by Metro Group, will launch its Saturn consumer electronics ...   read more
EUR 25 mln to Build Production Facility in Romania
October 06, 2010, 7:29, (Property Xpress) - A London-headquartered company will invest EUR 25 mln to set up a Romanian production facility, in the ...   read more



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