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Vester Suffers Technical Default for USD 1.2 mln Bond Payment
August 26, 2009, 11:07, (Property Xpress) - OOO Vester-Finance, the SPV of Kaliningrad-based supermarket chain Vester, has not fulfilled its obligation to ...   read more
German Retailers in Race for More Romanian Business
August 26, 2009, 10:26, (Property Xpress) - Plus discount store network, part of the German Tengelmann Group, has announced the opening of its 81 store in ...   read more
Kiev Expects 12 Hotel Openings by 2012
August 26, 2009, 10:02, (Property Xpress) - Kiev authorities expect to launch 12 four and five star class hotels, as part of their preparations for ...   read more
Neudorf Special Economy Zone Signs with First Residents
August 26, 2009, 9:21, (Property Xpress) - St. Petersburg’s special economy zone Neudorf has signed tenant contracts with the first three residents, ...   read more
Macedonia Gives New Deadline to TAV to Start Investment
August 26, 2009, 8:54, (Property Xpress) - Macedonian authorities have extended the deadline for the Turkish TAV to start airport modernization by March ...   read more
Linda Receives 1.9 ha in Solnechnoe for Recreational Complex Development
August 26, 2009, 8:52, (Property Xpress) - Russian company Linda has received a 1.9-ha lot in Solnechnoe, St. Petersburg region, for development of a ...   read more
Central Site in Sofia Acquired for EUR 3.25 mln
August 26, 2009, 8:09, (Property Xpress) - A Bulgarian businessman has paid a record price of EUR 3.25 mln for a site in the city center of Sofia, ...   read more
VTB to Take Control Over DON-Stroy Invest
August 26, 2009, 7:43, (Property Xpress) - VTB Bank and shareholders of the DON-Stroy group signed a memorandum of agreement on Tuesday, providing the ...   read more
VolWest Launches First Phase of Sports Complex in Lutsk
August 26, 2009, 7:36, (Property Xpress) - Investment group VolWest Group has opened the first phase of the seven ha Adrenaline City sports and ...   read more
Developer Sells 300,000 sq. m Offices
August 26, 2009, 7:12, (Property Xpress) - A Russian developer is selling a number of business centers with a total area of about 300,000 sq. m to ...   read more
Auchan Negotiates on Shopping Center Development near Chelyabinsk
August 25, 2009, 13:12, (Property Xpress) - The administration of Kopeyskoye urban district and the management of Auchan and Leroy Merlin chains are ...   read more
BauMax Opens Fourth Bulgarian Hypermarket
August 25, 2009, 12:44, (Property Xpress) - Austrian DIY retailer bauMax has opened its fourth Bulgarian hypermarket today. It spreads over 75,000 sq. m ...   read more
Investor Sought for Leisure Park Development in Russia
August 25, 2009, 12:09, (Property Xpress) - Krasnodar Directorate Azov-City hopes to find an investor for construction of the largest family sports and ...   read more
Armax Gaz Abandons EUR 40 mln Residential Project in Medias
August 25, 2009, 12:07, (Property Xpress) - Oil and gas industry equipment producer Armax Gaz has stopped the residential complex project in Medias, ...   read more
Megamag Mall to Open on December 1 in Rostov-on-Don
August 25, 2009, 11:12, (Property Xpress) - A new Megamag-branded shopping and entertainment complex will open on December 1 in Rostov-on-Don. Developer ...   read more
Technomarket Opens First Croatian Store in September
August 25, 2009, 10:32, (Property Xpress) - Bulgarian consumer electronics retail chain Technomarket will open its first store in Croatia, in Rijeka, on ...   read more
Vladivostok Close to Signing with One More Hotel Operator
August 25, 2009, 10:00, (Property Xpress) - Russian far eastern city Vladivostok is close to signing an additional contract with a hotel operator for the ...   read more
Elite Retail Center Projected for St. Petersburg
August 25, 2009, 9:06, (Property Xpress) - A new elite retail center is to open by the end of the year in the village of Lakhta near St. Petersburg, ...   read more
Ana Group Contracts EUR 25 mln Loan in Romania
August 25, 2009, 9:06, (Property Xpress) - George Copos, owner of Romania’s Ana group of companies, has contracted a EUR 25 mln loan with the ...   read more
Optium Holding to Develop High-Rise Hotel in St. Petersburg
August 25, 2009, 8:27, (Property Xpress) - Russian company Camelot, part of Optium Holding, has received a 1.34 ha lot for survey work on a hotel ...   read more
Deripaska’s Share in Porto Montenegro to Halve
August 25, 2009, 8:24, (Property Xpress) - The stake of the Russian businessman Oleg Deripaska in the Montenegrin resort scheme Porto Montenegro can ...   read more
Andrey Biljo Starts Cottage Village Chain Project
August 25, 2009, 7:43, (Property Xpress) - Russian artist and restaurant keeper Andrey Biljo plans to launch a cottage villages chain, together with ...   read more
Orchid Developments Raise GBP 5.0 mln in Share Placing
August 25, 2009, 7:33, (Property Xpress) - Orchid Developments, an AIM-traded property developer in Bulgaria, has announced placing ordinary shares by ...   read more
Four-Star Hotel to Open near Kiev in 2011
August 25, 2009, 7:27, (Property Xpress) - A Ukrainian group plans to complete development on a four star class hotel in the village of Schastlivoe near ...   read more
Coalco to Develop 200,000 Sq. m Offices in Moscow
August 25, 2009, 7:11, (Property Xpress) - Coalco is willing to develop an office complex of about 200,000 sq. m, replacing the Iskra machine building ...   read more



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