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Bluehouse Strikes EUR 27 mln Deal in Bulgaria
September 03, 2010, 7:33, (Property Xpress) - Greek investment fund Bluehouse Capital is the buyer of the Sofia-based ERG Capital 1 and ERG Capital 2 REITs, ...   read more
Domino’s Pizza to Open First Bulgarian Outlet in October
September 02, 2010, 15:09, (Property Xpress) - Domino’s Pizza, the second largest chain of pizza restaurants in the United States, after Pizza Hut, has ...   read more
Stroy Trest to Develop 17,000 Sq. m Residential Estate in St. Petersburg
September 02, 2010, 14:43, (Property Xpress) - St. Petersburg-based real estate developer Stroy Trest will commence construction of a 17,000 sq. m ...   read more
Consortium Proceeds with Marina Bar Project in Montenegro
September 02, 2010, 14:30, (Property Xpress) - The business plan for the Marina Bar project in Montenegro will be implemented as soon as possible, said ...   read more
Oriflme to Start Building Second Russian Plant
September 02, 2010, 13:30, (Property Xpress) - Swedish company Oriflme will lay the foundation stone for its second Russian plant on September 7, according ...   read more
British Developer Raises GBP 320,000 for Croatia/Montenegro Projects
September 02, 2010, 12:57, (Property Xpress) - A British-based tourism property developer and manager active in Croatia has announced it has raised GBP ...   read more
Bashkortostan to Build New Industrial Park
September 02, 2010, 12:40, (Property Xpress) - The Republic of Bashkortostan is among the 10 regions of the Russian Federation, winners of the contest ...   read more
Business Center to Open in Zaporozhye in Early 2011
September 02, 2010, 12:18, (Property Xpress) - A new A-class business center, part of a mixed-used development project, will open in Zaporozhye in early ...   read more
SOK Launches Sixth St. Petersburg Store
September 02, 2010, 11:22, (Property Xpress) - Finnish SOK Corporation has opened its sixth Prisma store in St. Petersburg, following a EUR 5.0 mln ...   read more
Property Investor to Raise EUR 120 mln via Disposals
September 02, 2010, 10:18, (Property Xpress) - A European investment group, which earlier this year agreed to acquire the real estate portfolio of the German ...   read more
Moscow to Sell Land Lease Rights
September 02, 2010, 9:33, (Property Xpress) - Moscow city authorities are planning to hold an auction within a month to sell land lease rights in the ...   read more
Retail Park Planned for Dnipro, Ukraine
September 02, 2010, 8:59, (Property Xpress) - A modern retail park will appear in the northern part of Dnipro, Ukraine’s third largest city. The project, ...   read more
Kika and Castorama to Open Stores in Yekaterinburg
September 02, 2010, 8:31, (Property Xpress) - European furniture and home improvement hypermarket chains Kika and Castorama are negotiating to open stores ...   read more
Bulgarian Municipality Receives Ownership over 72 Ha of Land
September 02, 2010, 8:17, (Property Xpress) - A Bulgarian municipality will receive seven former military properties, with a total area of 72 ha. They are ...   read more
Sberbank Lends USD 74 mln to Developer
September 02, 2010, 7:40, (Property Xpress) - The Savings Bank of the Russian Federation (Sberbank) will provide a five year USD 74 mln loan to the local ...   read more
Serbia Signs Agreement with German Investor
September 02, 2010, 7:30, (Property Xpress) - Agreement on construction of a new factory in Serbia has been signed by the Economy Minister Mladen Dinkic, ...   read more
Bulgarian ERG REITs Sell Assets for EUR 27 mln
September 01, 2010, 14:27, (Property Xpress) - ERG Capital 1 REIT and ERG Capital 2 REIT have signed preliminary agreements to sell all their properties, the ...   read more
Immoeast Loses EUR 320 mln from Romania Property Revaluation
September 01, 2010, 14:10, (Property Xpress) - The Romanian property portfolio of Austrian investment fund Immoeast was valued at EUR 897 mln at the end of ...   read more
German Developer Starts Omsk Housing Project
September 01, 2010, 12:52, (Property Xpress) - A German development group has entered the Russian market with a low-rise residential project in the city of ...   read more
Israeli Developer Suffers USD 11 mln Loss in Kiev Project
September 01, 2010, 12:41, (Property Xpress) - An Israeli construction and investment company has suffered a loss of NIS 43 mln (USD 11.3 mln) from its ...   read more
International Retailer to Enter Russia
September 01, 2010, 11:54, (Property Xpress) - An international retail chain said it will be looking to enter the Russian market, as about half of it is ...   read more
Carrefour Q2 Sales in Romania Fall 5.8 Pct
September 01, 2010, 11:37, (Property Xpress) - Carrefour sales in Romania fell 5.8 pct in the second quarter of 2010, to EUR 265 mln, from EUR 282 mln in the ...   read more
Three Crimea Sites Go to Auction
September 01, 2010, 10:42, (Property Xpress) - At an August 31 meeting, the Council of Ministers of the Autonomous Republic of Crimea approved the sale of ...   read more
Moon-Invest Sells Format Shopping Center
September 01, 2010, 10:12, (Property Xpress) - Format shopping center in Mytishchi has been acquired by an unnamed investment holding company with Russian ...   read more
Basel Aero Allots EUR 35 mln for Gelendzhik Airport
September 01, 2010, 9:48, (Property Xpress) - Basel Aero intends to invest EUR 35.18 mln in the Russian Gelendzhik Airport, including EUR 20.85 mln in the ...   read more



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