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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
Copper Beech Capital Enters into Insolvency Proceedings
October 26, 2009, 15:45, (Property Xpress) - Copper Beech Capital, established to develop Blue Tower residential project in the Bucharest Colentina area, ...   read more
BauMax Postpones Romanian Store Openings to 2010
October 26, 2009, 11:37, (Property Xpress) - Austria’s BauMax, which last year doubled its Romanian turnover to EUR 130 mln due to expansion, is the only ...   read more
Renlund St. Petersburg Considers Five Supermarket Openings in 2010
October 26, 2009, 11:18, (Property Xpress) - Renlund St. Petersburg company is looking for commercial premises in St. Petersburg to place its premium ...   read more
Bank Saint Petersburg Sells Three Sites
October 26, 2009, 10:28, (Property Xpress) - Bank Saint Petersburg sold three sites near St. Petersburg at the first public auction of mortgaged property ...   read more
Construction Starts on 150,000 sq. m Shopping Scheme in Croatia
October 26, 2009, 9:54, (Property Xpress) - Construction work has begun on a shopping and entertainment center in Split, Croatia. After the successful ...   read more
EUR 1.1 bln Tourism Project Agreed in Montenegro
October 26, 2009, 9:36, (Property Xpress) - The Montenegrin government has signed a contract to sell 90 pct of the shares in Lustica Development project ...   read more



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