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Kempinski Hotel Adriatic Opens in Croatia
July 22, 2009, 10:45, (Property Xpress) - Kempinski Hotel Adriatic on the Croatian Istrian coast will open in August. Kempinski will be the first ...   read more
Lenta Buyers Scared by EBRD Option
July 22, 2009, 10:13, (Property Xpress) - Prospective buyers of stakes in Russian retailer Lenta are scared of an option, given to the EBRD with the ...   read more
Rainford to Acquire Bolshaya Lozhka Chain in Ukraine
July 22, 2009, 10:07, (Property Xpress) - Dnipro-based commercial and industrial group Rainford is negotiating the purchase of Bolshaya Lozhka ...   read more
Glavstroy Sentenced to Pay USD 64 mln to Creditor
July 22, 2009, 9:16, (Property Xpress) - Moscow Court of Arbitrage came to a decision in favor of VTB bank - another creditor of Oleg Deripaska’s ...   read more
Cafepedia Opens in Iasi
July 22, 2009, 9:14, (Property Xpress) - The sixth unit of the Cafepedia coffee chain, controlled by Romanian businessman Catalin Mahu, will open on ...   read more
Sheraton Hotel Opening Expected in Kiev
July 22, 2009, 8:13, (Property Xpress) - A Ukrainian group has reached agreement with Starwood Hotels & Resorts Worldwide (SH&RW) to operate the ...   read more
Park Inn to Open Hotel in Omsk Mixed-use Scheme
July 22, 2009, 7:41, (Property Xpress) - A four star class hotel under the Park Inn brand will occupy 10,330 sq. m of the Millenium office and retail ...   read more
Lamda to Restart EUR 408 mln Balkan Projects in 2010
July 22, 2009, 7:39, (Property Xpress) - Leading Greek shopping mall developer Lamda Development, hopes to restart its stalled Balkan projects and ...   read more
UN Studio Declared Winner for St. Petersburg Theater Design
July 22, 2009, 7:12, (Property Xpress) - Dutch architecture bureau UN Studio has been declared winner in the international tender for design of a dance ...   read more
Vel Pitar to Relocate Bucharest Factory
July 21, 2009, 14:55, (Property Xpress) - Vel Pitar group, a Romanian bakery producer, says it will invest EUR 20 mln over the next three years to build ...   read more
French Auchan Expands Russian Network
July 21, 2009, 14:31, (Property Xpress) - French grocery retailer Auchan plans to expand its Russian operations by opening six new stores this year, ...   read more
Transilvania Constructii Signs EUR 1.4 mln Contract with Cluj County Council
July 21, 2009, 13:49, (Property Xpress) - Romanian Transilvania Constructii SA has concluded a EUR 1.4 mln contract with Cluj County Council for ...   read more
Gebruder Weiss Continues Investment Program in Romania
July 21, 2009, 12:38, (Property Xpress) - The Austrian transport and logistics company Gebruder Weiss (GW) plans to build a logistics center in Sibiu, ...   read more
50-story Mixed-use Scheme under Development in Dnipro, Ukraine
July 21, 2009, 12:08, (Property Xpress) - The highest multifunctional building in the Ukrainian city of Dnipro, with a total area of 227,000 sq. m, is ...   read more
USD 45 mln Logistics Center for Nizhny Novgorod
July 21, 2009, 11:44, (Property Xpress) - About USD 45 mln will be invested in a logistics center in the Nizhny Novgorod region, Alexander Timofeev, ...   read more
Russian Retailer Looking for Sale-leaseback Deal
July 21, 2009, 10:55, (Property Xpress) - A Russian leading grocery retailer is looking for a buyer for some of its Moscow stores. According to the ...   read more
Italian Company to Spend EUR 20 mln for Factory in Croatia
July 21, 2009, 10:31, (Property Xpress) - An Italian group will invest EUR 20 mln in construction of a factory for mineral fertilizers in Croatia. ...   read more
Tander to Develop Shopping Center in Togliatti
July 21, 2009, 9:50, (Property Xpress) - The draft plan for construction of a shopping center on Moskovskiy Prospect in the Russian city of Togliatti ...   read more
Construction Starts on Regional Retail Center in Sliven, Bulgaria
July 21, 2009, 9:32, (Property Xpress) - The building permit has been obtained for a retail project in the secondary Bulgarian city of Sliven. The ...   read more
O’Key Opens in Grand Canyon Mall
July 21, 2009, 9:01, (Property Xpress) - O’Key has opened a new 8,000 sq. m hypermarket in the first floor of the Grand Canyon shopping mall in St. ...   read more
Brownfield Investments Suspended in Cluj, Romania
July 21, 2009, 8:42, (Property Xpress) - A lot of industrial facilities were acquired in the Romanian city of Cluj in 2007. Some have been demolished, ...   read more
KRT to Invest USD 54 mln in Magic Hall Project in Moscow
July 21, 2009, 8:03, (Property Xpress) - The Corporation for the Development of Territories (KRT) is planning to invest USD 54 mln to build an ...   read more
GHM to Open First Hotel in Bulgaria
July 21, 2009, 7:38, (Property Xpress) - GHM (General Hotels Management), with 14 property portfolios in nine countries worldwide, plans to expand to ...   read more
Golden Tulip Opens Second Franchise Location in Cluj, Romania
July 20, 2009, 14:12, (Property Xpress) - Golden Tulip Hotels, Inns & Resorts hotel chain has announced opening its second hotel under the Golden Tulip ...   read more
AFI Development and Chinese Guanda to Invest USD 700 mln in Shopping Scheme in Moscow
July 20, 2009, 13:23, (Property Xpress) - An agreement on joint participation in the establishment of a center for trade and cultural cooperation ...   read more



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