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EUR 41 mln Raised for Plant in Russia
June 30, 2009, 11:44, (Property Xpress) - A total of EUR 41 mln has been raised to expand production at a glass packaging plant in north-west Russia, ...   read more
Zara Opens in Bucuresti Mall, Romania
June 30, 2009, 11:17, (Property Xpress) - Spanish group Inditex will open its next Zara store in Romania, in Bucuresti Mall, the Vitan neighborhood, in ...   read more
Croatia-focused Resort Operator Places Shares
June 30, 2009, 11:00, (Property Xpress) - A Croatia-focused leisure resort operator and developer said it has conditionally placed 1,060,000 ordinary ...   read more
Moldovan Logistics Center to Link Europe with Caucasia
June 30, 2009, 10:38, (Property Xpress) - A new logistics center will be developed in Moldova, under the multilateral agreement for the development of ...   read more
IKEA Mulls Hippodrome Acquisition in Perm
June 30, 2009, 10:29, (Property Xpress) - Swedish retailer IKEA is in talks for acquisition of the Perm-based hippodrome, said Pavel Andreev, ...   read more
Investors in Azov City Keep Plans despite Construction Delay
June 30, 2009, 9:33, (Property Xpress) - Investors who have rented land in the Azov City gaming zone will keep their plans to implement hotel and ...   read more
Luxury SPA Resort in Croatia Assigns Hotel Operator
June 30, 2009, 9:27, (Property Xpress) - An Austrian hotel owner and operator has announced it has won a management agreement to operate the luxury ...   read more
Pakko Holding in Talks for Outlets in Ukraine
June 30, 2009, 8:46, (Property Xpress) - Retail chain Pakko Holding says it is in talks to buy outlets from three store chains in Western Ukraine. The ...   read more
VTB Keeps Plans to Relocate Offices in Federation Tower in 2010
June 30, 2009, 8:46, (Property Xpress) - Russian second biggest bank VTB will keeps its plans to relocate Moscow offices in Federation Tower in 2010, ...   read more
Continental Hotels Expands in Arad
June 30, 2009, 7:55, (Property Xpress) - Romanian hotel chain Continental Hotels in association with Arad County Council, will build a hotel complex ...   read more
15 Casinos, 30 Hotels Planned for Sibirskaya Moneta Gaming Zone
June 30, 2009, 7:53, (Property Xpress) - The draft of the Sibirskaya moneta (Siberian Coin) gaming zone in the Altai territory, one of four Russian ...   read more
AREOF Turns to EUR 55.8 mln Pre-tax Loss
June 30, 2009, 7:23, (Property Xpress) - Argo Real Estate Opportunities Fund Limited (AREOF), closed-ended investment company formed for investing ...   read more
RDF, BI Acquire Stake in Novaya Aprelevka Residential Project
June 30, 2009, 7:20, (Property Xpress) - Funds Russia Development Fund (RDF) and Berkley Investments Limited Partnership (BI) have become co-owners of ...   read more
Willbrook Allowed to Resume Office Center Construction in Romania
June 29, 2009, 15:25, (Property Xpress) - The British real estate development group Willbrook Management has won an appeal at the Ploiesti Court of ...   read more
USD 12 mln Loan for Energy Efficiency Project in Bulgaria
June 29, 2009, 14:49, (Property Xpress) - A USD 12 mln loan facility will be granted to finance energy efficient-related improvements of a Bulgarian ...   read more
Europ Invest to Develop Third Outlet in Croatia
June 29, 2009, 13:38, (Property Xpress) - Europ Invest, an Italian-Belgian company dealing with outlet and retail park development, has scheduled the ...   read more
BSGV Opens USD 9.6 mln Credit Line to Yekaterinburg Retailer
June 29, 2009, 12:50, (Property Xpress) - The Yekaterinburg branch of Banque Societe Generale Vostok (BSGV) has agreed to open a USD 9.6 mln credit line ...   read more
EUR 23 mln Auctions for Two Ski Areas Announced in Romania
June 29, 2009, 12:33, (Property Xpress) - A Romanian county has announced it will hold two auctions to select companies, to take care of arranging two ...   read more
U.S.-based Vortex Resources to Develop Distribution Center in Russia
June 29, 2009, 12:03, (Property Xpress) - U.S.-based Vortex Resources Corp., currently in process of changing its name to ‘Yasheng Eco-Trade ...   read more
CTP Invest Hopes to Restart Romanian Activity in 12 Months
June 29, 2009, 11:26, (Property Xpress) - Czech developer CTP Invest, which owns over 120 ha in Romania, hopes to restart activity in the country within ...   read more
Russian Hotel Ukraina Affiliated with Rezidor Hotel Group
June 29, 2009, 10:52, (Property Xpress) - Rezidor Hotel Group today announced it has affiliated another facility in Moscow; the Radisson Royal Hotel ...   read more
Golf Project Halted in Croatia
June 29, 2009, 10:32, (Property Xpress) - Israeli businessman Aaron Frenkel, the husband of Croatian former deputy minister Maja Brinar, has halted the ...   read more
Sberbank to Allocate USD 66 mln for Penza Region Residential Development
June 29, 2009, 9:45, (Property Xpress) - Russian state-controlled Sberbank will allocate USD 66 mln in the next three years to develop social ...   read more
Albania to Allocate Land for Industrial Zones
June 29, 2009, 9:42, (Property Xpress) - The Albanian Government will grant 35-year coastal land concessions in a move aimed at stimulating investments ...   read more
Construction Work on Office Center Suspended in Lviv, Ukraine
June 29, 2009, 9:11, (Property Xpress) - Construction work on a B-class office center has been suspended in Lviv, Ukraine. The eight story complex on ...   read more



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