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St. Petersburg Historic Building to Become Boutique Hotel
October 01, 2010, 9:45, (Property Xpress) - The Government of St. Petersburg adopted a hotel restoration project on September 13, to be carried out on 21, ...   read more
EUR 200 mln Club Loan to Fund Retail Expansion in Bulgaria, Romania
October 01, 2010, 9:28, (Property Xpress) - A EUR 200 mln long-term syndicated loan facility was approved at the end of September to finance expansion of ...   read more
185,000 sq. m Integrated Development Planned for Krasnodar
October 01, 2010, 8:56, (Property Xpress) - A Krasnodar-based company is planning to start construction work on an 185,000 sq. m housing estate in the ...   read more
USD 13 mln Retail Center Opens in Odessa
October 01, 2010, 8:40, (Property Xpress) - A new regional shopping center has opened in the Ukrainian Black Sea city of Odessa, following a USD 13 mln ...   read more
Update: Norwegian Developer to Build Shopping Centers in Southern Russia
October 01, 2010, 8:01, (Property Xpress) - A Norwegian development company has finalized project documentation for its first Russian shopping and ...   read more
New Private Equity Fund Launched for Romania, Bulgaria
October 01, 2010, 7:31, (Property Xpress) - A US manager of private equity funds has announced the first closure of a EUR 150 mln vehicle to invest in ...   read more
SRV Group to Develop USD 300 mln Shopping Mall
September 30, 2010, 14:25, (Property Xpress) - Finnish concern SRV Group will build a USD 300 mln Pearl Plaza shopping center by 2014, as part of the Baltic ...   read more
Nizhny Novgorod Logistics Development Receives Priority Status
September 30, 2010, 13:54, (Property Xpress) - The third construction stage of a logistics development in the Nizhny Novgorod region has been declared as a ...   read more
Auchan to Acquire Land for Craiova Hypermarket
September 30, 2010, 12:58, (Property Xpress) - French group Auchan is negotiating with Belgian developer BelRom to acquire part of the 15 ha site for the ...   read more
Metro Cash & Carry to Resume Russian Expansion
September 30, 2010, 12:47, (Property Xpress) - German hypermarket chain Metro Cash & Carry intends to return to pre-crisis levels of expansion in 2011, ...   read more
EUR 33 mln Bulgaria Focused Fund to Get Approval in October
September 30, 2010, 12:03, (Property Xpress) - The Bulgarian Parliament is expected to endorse an agreement at the end of October this year, foreseeing ...   read more
Fond RGS to Auction 10 Ha for Affordable Housing
September 30, 2010, 11:25, (Property Xpress) - Russia’s federal fund to promote housing construction (Fond RGS) will hold an auction on October 27, to ...   read more
Update: Large Mixed-use Development to Start in Belgrade in Spring
September 30, 2010, 11:12, (Property Xpress) - On November 25, the Tel Aviv District Court is expected to decide on the sale of Engel Resources and ...   read more
MDM-Bank Becomes Shareholder in Rostov Shopping Mall
September 30, 2010, 10:05, (Property Xpress) - MDM-Bank has acquired a 19 pct stake in Unicum company, the bank said on Tuesday. In August 2009, Unicum ...   read more
Atlantska Plovidba to Develop Mixed-use Property in Croatia
September 30, 2010, 9:34, (Property Xpress) - Dubrovnik-based Atlantska Plovidba is waiting for a building permit to start construction of a commercial and ...   read more
Molodezhny Neighborhood under Development in Krasnodar
September 30, 2010, 8:57, (Property Xpress) - Investments in construction of the 208,000 sq. m housing complex Molodezhny in Krasnodar will exceed RUB 6.0 ...   read more
Third Holiday Inn Hotel to Appear in Serbia in 2012
September 30, 2010, 8:22, (Property Xpress) - Construction of a four star Holiday Inn Hotel in Serbia is scheduled to begin in March 2011 and be completed ...   read more
IHG to Affiliate Second Crowne Plaza Hotel in St. Petersburg
September 30, 2010, 7:42, (Property Xpress) - Hotel operator Intercontinental Hotels Group will sign an agreement to open a Crowne Plaza Hotel in St. ...   read more
Austrian Group to Invest EUR 150 mln in Romanian Plant
September 30, 2010, 7:25, (Property Xpress) - An Austrian manufacturer of wood based panels will invest EUR 150 mln in a Romanian plant, as part of an ...   read more
Montenegro Seeks Partner for Airport Project
September 29, 2010, 15:06, (Property Xpress) - The government of Montenegro has announced a tender to select a strategic partner for a joint venture to ...   read more
Stolitza Nizhny to Complete Sedmoe Nebo Neighborhood in 2012
September 29, 2010, 14:13, (Property Xpress) - Nizhny Novgorod-based Stolitza Nizhny group of companies, the region’s largest real estate development ...   read more
Portanova Mall in Osijek to Open in Spring
September 29, 2010, 13:23, (Property Xpress) - Portanova shopping center, currently under construction at the western entrance of the Croatian city of ...   read more
Northern Capital Gateway to Appoint Contractor for Pulkovo Airport Reconstruction
September 29, 2010, 12:31, (Property Xpress) - Northern Capital Gateway, which won a 30 year concession to operate Pulkovo Airport, will select a general ...   read more
Construction of Three-Star Hotel Chain to Start in Ukraine
September 29, 2010, 11:51, (Property Xpress) - A Kiev-based company intends to build three star hotels in each of the cities of Kiev, Lviv, Dnipro, Kharkov, ...   read more
Pioneer Group Sets RUB 22 bln Three-Year Investment Program
September 29, 2010, 11:28, (Property Xpress) - Pioneer group of companies will invest RUB 21-22 bln in construction of residential real estate in Moscow and ...   read more



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