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Real Launches Fourth Bucharest Store, Plans New Openings
April 29, 2010, 7:02, (Property Xpress) - German retailer Real, part of the Metro Group, will open today its fourth Bucharest hypermarket and 25th unit ...   read more
Radisson Royal Opens in Moscow After USD 300 mln Refurbishment
April 29, 2010, 7:01, (Property Xpress) - Russia’s Hotel Ukraina (Ukraine Hotel) has opened under the Radisson Royal Hotel Moscow brand, following a ...   read more
Lenta to Sign USD 300 mln Loan Facility
April 28, 2010, 15:34, (Property Xpress) - Russian grocery retail chain Lenta said it plans to sign a USD 300 mln syndicated loan in May-June to ...   read more
EUR 180 mln Affordable Housing Project Starts in Moldova
April 28, 2010, 15:16, (Property Xpress) - Last week, the foundation stone of a residential district was laid in Comrat, Moldova. The economy class ...   read more
Mercator Still Confident with Skopje Project
April 28, 2010, 13:53, (Property Xpress) - Investment International, a wholly owned subsidiary of Slovenian Mercator, said that the company is conducting ...   read more
DARS Development Presents Shopping Mall in Ulyanovsk
April 28, 2010, 13:31, (Property Xpress) - DARS Development has presented AquaMall shopping mall in Ulyanovsk. The project with a GLA of 42,000 sq. m and ...   read more
Sparkassen Immobilien to Continue Investing in the Balkans
April 28, 2010, 13:07, (Property Xpress) - Sparkassen Immobilien, the real estate division of Austrian Erste Bank Group, will continue to invest in the ...   read more
Metro to Develop Retail Center in Magnitogorsk
April 28, 2010, 12:09, (Property Xpress) - Metro Cash & Carry plans to invest EUR 20 mln in building a shopping complex in Magnitogorsk. The center will ...   read more
Marriottt and Hilton Reveal Plans on Romania
April 28, 2010, 11:52, (Property Xpress) - Hilton and Marriottt, two of the major hotel networks worldwide, plan to extend their presence in Romania over ...   read more
St. Petersburg Gives Nod to Two Hotel Projects
April 28, 2010, 11:28, (Property Xpress) - St. Petersburg city authorities have approved construction of two hotels in the city, in the places of parking ...   read more
DIS Store Opens as Part of 50,000 Sq. m Shopping Scheme in Serbia
April 28, 2010, 10:38, (Property Xpress) - Yesterday, Krnjevo-based grocery retailer DIS launched a 4,400 sq. m supermarket in the Serbian town of ...   read more
RBI to Raise Funds in IPO
April 28, 2010, 10:18, (Property Xpress) - St. Petersburg-based RBI, developing business class and luxury housing, has begun a road show in a move aimed ...   read more
Macedonia Annuls Mercator Contract
April 28, 2010, 9:20, (Property Xpress) - Macedonian Minister of Transport and Communications Mile Janakieski has confirmed that Investment ...   read more
Renaissance Development Acquires Mixed-use Center for USD 22.5 mln
April 28, 2010, 8:53, (Property Xpress) - Turkish company Renaissance Development has acquired a retail and office center in St. Petersburg in a USD ...   read more
Bucharest Prepares Infrastructure for Retail Park
April 28, 2010, 8:38, (Property Xpress) - Bucharest City Hall wants to spend RON 54 mln (EUR 13 mln) for infrastructure work, to prepare the opening of ...   read more
Baltic Monolit Acquires Land on Vasilyevsky Island
April 28, 2010, 8:15, (Property Xpress) - Baltic Monolit company has won an auction organized by the Russian Ministry of Defense to purchase a 1.0 ha ...   read more
Arad to See Several Retail Project Openings in 2010
April 28, 2010, 8:02, (Property Xpress) - Several retail projects are either under planning or implementation in the Romanian city of Arad. At the end ...   read more
Konsum Acquires 11 Buildings for EUR 12.4 mln
April 27, 2010, 15:40, (Property Xpress) - Croatian retail chain Konzum has won an auction to purchase 11 buildings in Opatija, previously belonging to ...   read more
Update: Voronezh Signs Agreement with Investor on Plant Construction
April 27, 2010, 14:47, (Property Xpress) - Construction work on a RUB 1.5 bln high voltage transformers plant will start in the Russian city of Voronezh ...   read more
Sberbank Provides RUB 450 mln for Shopping Mall Development
April 27, 2010, 14:02, (Property Xpress) - The Savings Bank of the Russian Federation (Sberbank) has provided a seven year loan facility of RUB 450 mln ...   read more
Tornado to Build Entertainment Center in Azov-City
April 27, 2010, 12:58, (Property Xpress) - Tornado firm plans to begin construction of a 9,000 sq. m entertainment center in the Rostov part of Azov-City ...   read more
Central European Estates Considers Reverse Merger to Raise Funds
April 27, 2010, 12:43, (Property Xpress) - Central European Estates NV (CEE), controlled by Yuli Ofer and Nimrod Rinat, is considering listing on the Tel ...   read more
VTB Acquires Share in Resort Development Project
April 27, 2010, 12:27, (Property Xpress) - Russia’s state-controlled by VTB Bank has purchased a 50 pct stake for an upscale resort development project ...   read more
Austrian-Israeli JV Develops Residential Estate in Tirana, Albania
April 27, 2010, 11:23, (Property Xpress) - An Austrian-Israeli JV is developing a 14,200 sq. m high-end residential estate in Tirana, Albania. The ...   read more
NDV Group Turns to Development
April 27, 2010, 10:29, (Property Xpress) - Russian NDV Group plans to invest about USD 400 mln in a number of development projects in Moscow, said CEO ...   read more



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