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Mercator Becomes Sole Owner of M-Rodic, Serbia
June 02, 2009, 14:18, (Property Xpress) - Slovenian retail chain Mercator has announced it carried out the purchase of an additional 12 pct share in the ...   read more
Krasnoyarsk Region to Develop Two Hotels for APEC Summit
June 02, 2009, 13:39, (Property Xpress) - Authorities of the Krasnoyarsk Region will allocate USD 245 mln for development of two five-star class hotels ...   read more
Borispol Airport Receives JBIC Tranche
June 02, 2009, 13:34, (Property Xpress) - Kiev-based Borispol International Airport State Enterprise has received the next tranche from the Japan Bank ...   read more
Crocus Group to Invest USD 200 mln in Hypermarkets Development
June 02, 2009, 12:47, (Property Xpress) - Russian Crocus Group, plans to invest over USD 200 mln by 2012 in development of three DIY hypermarkets in ...   read more
New Business Zone Planned for Croatia
June 02, 2009, 12:45, (Property Xpress) - Croatian Belica municipality has reached agreement with the state on granting an agricultural plot for the Jug ...   read more
Italian Group to Invest EUR 250 mln in Serbia
June 02, 2009, 11:50, (Property Xpress) - An Italian group will invest EUR 250 mln to develop a mixed-use scheme in Serbia. The project with business ...   read more
Strabag Restarts Construction of Residential Project in Bucharest
June 02, 2009, 11:12, (Property Xpress) - Austrian construction group Strabag has restarted construction work on the site of the Asmita Gardens ...   read more
Nafta-Moskva’s Glavstroy SPb Acquisition Delayed
June 02, 2009, 11:10, (Property Xpress) - The deal for the acquisition of Glavstroy-SPb, part of the construction holding company of Oleg Deripaska, by ...   read more
St. Petersburg SPF Cuts Price for Hasansky Market
June 02, 2009, 10:37, (Property Xpress) - The State Property Fund (SPF) of St. Petersburg has scheduled the tender for the right to rent the four ha ...   read more
Knight Frank Arrives in Romania
June 02, 2009, 10:35, (Property Xpress) - London-headquartered property consultancy Knight Frank LLP, together with its New York-based partner Newmark ...   read more
Foxtrot Opens Second Hypermarket in Lugansk, Ukraine
June 02, 2009, 9:57, (Property Xpress) - Foxtrot Group has opened its second household appliances hypermarket in Lugansk, Ukraine. The store occupies ...   read more
LSR Leases Space in Orlov Office Center
June 02, 2009, 9:40, (Property Xpress) - A Plus Estate, a subsidiary of LSR Group has signed a new rental contract for the Orlov office center, which ...   read more
Pirelli Starts EUR 150 mln Investment Project in Romania
June 02, 2009, 9:15, (Property Xpress) - Italian tire maker Pirelli, operating three plants in Romania, has started a EUR 150 mln investment project, ...   read more
Russia-targeted Investor Seeks Delisting
June 02, 2009, 9:09, (Property Xpress) - PGI Group, investing in Russian real estate, is seeking shareholders approval for cancellation of the listing ...   read more
New EUR 200 mln Fund to Invest in South Eastern Europe
June 02, 2009, 8:21, (Property Xpress) - А EUR 200 mln private equity fund dedicated to investing in mid-size private companies in Romania, Bulgaria, ...   read more
Sistema-Hals to Pay EUR 18 mln for Cancelled Contract
June 02, 2009, 7:47, (Property Xpress) - Russian development company Sistema-Hals have reached an agreement to pay EUR 18 mln to the German concern ...   read more
Residential Scheme Postponed in Bucharest
June 02, 2009, 7:46, (Property Xpress) - Israeli New York Trust company has postponed construction of a residential project in the Bucharest ...   read more
Avantazh Restarts Residential Project in Kharkov, Ukraine
June 02, 2009, 7:12, (Property Xpress) - Аt the end of May, investment and construction corporation ‘Avantazh’ restarted construction work on the ...   read more
EUR 40 mln Loan for Shopping Mall in Russia
June 02, 2009, 7:12, (Property Xpress) - EUR 40 mln in debt finance is expected to be granted for a shopping and entertainment center project ...   read more
Construction of New Cottage Village Starts near Kiev
June 01, 2009, 14:40, (Property Xpress) - SV Development Company has announced the construction start of a new cottage village project, called ...   read more
Immorent Postpones JV Project in Romania
June 01, 2009, 13:26, (Property Xpress) - Immorent Romania, the real estate leasing division of Austrian Erste Group, carrying out the Smart City ...   read more
Mixed-use Scheme to Replace Kinopanorama in Kiev
June 01, 2009, 12:56, (Property Xpress) - A commercial and office center will be built in the place of the Kinopanorama (Cinema Panorama) in Kiev, which ...   read more
SPF Sells 1,000 sq. m for USD 245,000 in St. Petersburg
June 01, 2009, 12:53, (Property Xpress) - The state property fund (SPF) of St. Petersburg has sold a site of 1,047 sq. m and a building of 580.9 sq. m ...   read more
Colliers Moves to Floreasca Business Park in Romania
June 01, 2009, 12:14, (Property Xpress) - Colliers International has moved its Romanian office to Floreasca Business Park, where it is renting an ...   read more
Sberbank Approves Mosmart Sales Scheme
June 01, 2009, 12:11, (Property Xpress) - Last week, the credit committee of Sberbank approved the scheme for transfer of the assets of Mosmart network ...   read more



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