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Erste Group Immorent Sees Potential in Southeast Europe
September 15, 2011, 7:59, (Property Xpress) - Erste Group Immorent, the real estate and infrastructure finance arm of Austria’s Erste Group, sees ...   read more
Nazvanie.net to Restructure USD 390 mln Debt to Bondholders
September 15, 2011, 7:00, (Property Xpress) - Nazvanie.net, formerly Mirax Group, is close to signing a deal to restructure its USD 392.2 mln debt to ...   read more
Leroy Merlin Opens First Romania Store
September 15, 2011, 6:58, (Property Xpress) - The first Leroy Merlin DIY store in Romania will open today, according to Panico Panayi, president of Nova ...   read more
Baneasa Developments Sets Aside EUR 80 mln Investment Budget
September 14, 2011, 14:32, (Property Xpress) - Romanian businessman Gabriel Popoviciu, who controls the largest real estate project in the local market, ...   read more
Developer Starts Affordable Housing Project near Moscow
September 14, 2011, 13:36, (Property Xpress) - A Russian development group has started an economy class residential complex in the Moscow suburban town of ...   read more
Italian Firm to Build EUR 8.0 mln Factory in Serbia
September 14, 2011, 13:00, (Property Xpress) - A Serbian municipality has provided land without compensation to an Italian investor to build a factory. At ...   read more
Concept Developed for 105,000 Sq. m Irkutsk Shopping Mall
September 14, 2011, 12:51, (Property Xpress) - An Irkutsk-based company has completed concept development of a 105,500 sq. m regional shopping center project ...   read more
Bank Buys EUR 6.5 mln Bond Issue to Finance Health Center Development
September 14, 2011, 12:33, (Property Xpress) - A single financial institution has purchased the entire bond issue of the Bulgarian Municipality of ...   read more
Update: Storm Properties to Start First Housing Project
September 14, 2011, 12:02, (Property Xpress) - Stroyecologia is the investor in the 300,000 sq. m housing project on Ilinskoe Highway, in the village of ...   read more
Mercator to Establish New Retail Division
September 14, 2011, 11:28, (Property Xpress) - Slovenia’s largest retail group, Mercator, will try new strategic projects to increase and maintain its ...   read more
Scandinavian Firm to Pour USD 52 mln into Russian Plant
September 14, 2011, 10:42, (Property Xpress) - А Scandinavian manufacturer of heavy construction equipment has announced plans to invest USD 52 mln in ...   read more
Revitalization Plan Presented for Kotor Municipality
September 14, 2011, 10:17, (Property Xpress) - High-class tourist facilities with 7,000 new beds are planned to be built in Montenegro’s Kotor ...   read more
VTB Considers Financing Iskra Business Center Development
September 14, 2011, 9:34, (Property Xpress) - Russia’s state-owned VTB Bank may become owner of another project of Coalco Development. The bank is in ...   read more
Update: German-Bulgarian JV to Expand Production Capacity
September 14, 2011, 9:15, (Property Xpress) - A German Bulgarian JV will spend EUR 20 mln to double its Sofia production capacity by the end of ...   read more
Sberbank Lends USD 13 mln to Developer
September 14, 2011, 8:27, (Property Xpress) - The South-Western Bank of Sberbank of Russia has opened a RUB 400 mln (USD 13 mln) credit line to OOO Malibu ...   read more
Sky Tower Development Advances in Romania
September 14, 2011, 8:15, (Property Xpress) - The tallest office building in Bucharest, with a height of 137 m and 36 floors, is being developed by ...   read more
Grocery Hypermarkets to Appear in Moscow Region
September 13, 2011, 15:59, (Property Xpress) - Construction of 10 grocery hypermarkets has been approved at a meeting of the Moscow regional government, held ...   read more
Kyustendil Issues Bonds to Finance Health Center Development
September 13, 2011, 15:39, (Property Xpress) - The Bulgarian municipality of Kyustendil has undertaken a EUR 6.5 mln bond issue to finance construction of a ...   read more
OPIN to Diversify Property Portfolio
September 13, 2011, 14:30, (Property Xpress) - Russian developer Open Investments (OPIN) has announced it will repurchase shares, worth about USD 2.0 mln. ...   read more
DeVision Opens 10,000 Sq. m Retail Center
September 13, 2011, 13:47, (Property Xpress) - Kiev-based DeVision Group, previously known as ‘First Ukrainian Development’, has opened a three-story ...   read more
Sinara Development Wins Land Auction
September 13, 2011, 12:58, (Property Xpress) - Sinara Development, part of Russia’s Sinara Group, controlled by Dmitry Pumpyansky, has won an auction ...   read more
USD 32 mln Industrial Project Announced for Leningrad Region
September 13, 2011, 12:45, (Property Xpress) - A USD 32 mln industrial project will be implemented in the Russian Leningrad region by a joint venture between ...   read more
Investor Sought for Bulgarian Markovo Tepe Mall
September 13, 2011, 12:35, (Property Xpress) - Austrian banking group Investkredit has announced a tender to sell the foreclosed Markovo Tepe shopping mall, ...   read more
Delhaize Group Creates New European Subsidiary
September 13, 2011, 12:12, (Property Xpress) - Belgian international food retailer Delhaize Group has announced creating a new subsidiary, called Delhaize ...   read more
Spetsstroymontazh-Ukraine Builds Logistics Center near Kharkov
September 13, 2011, 11:24, (Property Xpress) - Spetsstroymontazh-Ukraine has won a general contractor tender to build a 3,500 sq. m office and warehouse ...   read more

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