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X5 Receives Consent on Paterson Acquisition, Plans to Proceed with Negotiations
October 28, 2009, 11:06, (Property Xpress) - X5 Retail Group N.V., Russia’s largest retailer in terms of sales, today announced it has received ...   read more
Engel East Europe Suffers Liquidity Problems
October 28, 2009, 10:55, (Property Xpress) - Engel East Europe N.V., an AIM-listed Central and Eastern European property developer, today announced it will ...   read more
Novosibirsk Approves Development of Tolmachevo Park
October 28, 2009, 10:20, (Property Xpress) - Governor of the Novosibirsk region Victor Tolokonsky, has approved a comprehensive plan for the future ...   read more
0.06 ha Site in Downtown Sofia Sold for EUR 800,000
October 28, 2009, 10:16, (Property Xpress) - A Bulgarian businessman has sold a 0.06 ha site in the central part of Sofia, Bulgaria for EUR 800,000. The ...   read more
Construction to Start on Mandarin Leisure Project in Sochi
October 28, 2009, 9:16, (Property Xpress) - Russian development company Expo is planning to start construction work on the Mandarin recreational, cultural ...   read more
Unilever Leases 30,000 sq. m of Storage Space in Romania
October 28, 2009, 9:08, (Property Xpress) - Unilever, one of the leading manufacturers of consumer goods on the Romanian market, with a business of almost ...   read more
New Fund to Invest in Croatia
October 28, 2009, 8:52, (Property Xpress) - A U.K.-based property developer, active in Central and Eastern Europe, has launched a new EUR 25 mln fund to ...   read more
Japanese Restaurant Network Targets 100 Units by 2012
October 28, 2009, 8:20, (Property Xpress) - A Japan’s company is going to develop the Russia’s largest chain of Japanese restaurants by 2012, said CEO ...   read more
Airline Company to Invest EUR 500,000 in Skopje Hotel
October 27, 2009, 14:30, (Property Xpress) - An airline company will invest EUR 500,000 in construction of a small hotel near Alexander the Great Airport ...   read more
Astana to Develop Mixed-use Center in Russia
October 27, 2009, 14:30, (Property Xpress) - Trade Center Astana, a subsidiary of the Kazakh Construction Corporation Kulager, intends to develop a ...   read more
Glavmosstroy Pledges Headquarters as Loan Collateral
October 27, 2009, 13:42, (Property Xpress) - Russia’s Glavmosstroy, controlled by Oleg Deripaska, has entered into an agreement with the Bank of Moscow ...   read more
200-Room Hotel to Open in Kiev
October 27, 2009, 13:30, (Property Xpress) - Ukrainian hotel operator Premier International and the Kozyrnaya Karta restaurant chain will open the Bakkara ...   read more
USD 750 mln Fund to Focus on CEE Property Markets
October 27, 2009, 13:13, (Property Xpress) - A U.S.-based multi-national real estate investment management firm has closed its fourth European investment ...   read more
USD 750 mln Fund to Focus on CEE Property Markets
October 27, 2009, 13:12, (Property Xpress) - A U.S.-based multi-national real estate investment management firm has closed its fourth European investment ...   read more
Sberbank Allocates USD 150 mln to Developer
October 27, 2009, 12:52, (Property Xpress) - The credit committee of the Russian Sberbank has recently approved a USD 150 mln credit line to the Barkli ...   read more
Hungarian Developer Builds 22,000 sq. m Shopping Mall in Macedonia
October 27, 2009, 12:34, (Property Xpress) - A new shopping mall with a total area of 22,000 sq. m will be developed in Macedonia by the Hungarian company ...   read more
Developer to Issue Bonds for Ukrainian Project Completion
October 27, 2009, 11:39, (Property Xpress) - An Odessa-based real estate development company, representing the interests of the Greek group of companies ...   read more
Finn Flare to Open 23 Russian Stores by End 2009
October 27, 2009, 11:15, (Property Xpress) - Finnish clothing retailer Finn Flare plans to open 17 franchised stores and six of their own across Russia by ...   read more
Benetton to Increase Romanian Presence
October 27, 2009, 10:55, (Property Xpress) - Italian clothing and accessories retailer Benetton is seeking investors to open stores in Romania, and already ...   read more
First EasyHotel to Open in Sofia
October 27, 2009, 9:54, (Property Xpress) - Budget hotel chain Easy Hotels, which last year announced plans to enter the Bulgarian market, is now ready ...   read more
High-rise Planned for St. Petersburg
October 27, 2009, 9:35, (Property Xpress) - A Russian development group today received a site where a 70,000 sq. m skyscraper with a height of 120 m will ...   read more
Sberbank Files Lawsuit against Developer
October 27, 2009, 8:52, (Property Xpress) - Friday last week, Sberbank filed a lawsuit in the Moscow arbitration court to recover more than RUB 1.3 bln ...   read more
78,000 sq. m Shopping Mall to Appear in Donetsk, Ukraine
October 27, 2009, 8:31, (Property Xpress) - A 78,000 sq. m two-level shopping and entertainment center called ‘Mercury’ is planned for Petrovsky ...   read more
Saratov Mansion for Sale by Auction
October 27, 2009, 8:20, (Property Xpress) - The property management committee of the Saratov region will auction a mansion owned by the former head of ...   read more
HFP Sells Four Hotels in Croatia
October 26, 2009, 16:01, (Property Xpress) - The Croatian Privatization Fund (HFP) today announced a public call for tendering the purchase of shares in ...   read more



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