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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
Gloria Jeans Gets Loan for 580 Openings
June 29, 2009, 9:00, (Property Xpress) - Corporation Gloria Jeans has negotiated a one-year credit line with BSGV worth USD 6.8 mln. According to ...   read more
Lewis Charles Sofia Gives Update on Bulgarian Projects
June 29, 2009, 8:30, (Property Xpress) - Lewis Charles Sofia Property Fund (LCSPF), a Bulgaria-centered real estate developer, has announced its ...   read more
Group BIN to Develop USD 1.5 Bln Scheme in Moscow
June 29, 2009, 8:18, (Property Xpress) - Russian group BIN, owned by Mihail Gutseriev, plans to carry out a USD 1.5 bln mega project in Moscow, RBC ...   read more
Bank of Moscow to Set Up Federal Cinema Chain
June 29, 2009, 7:24, (Property Xpress) - Structures close to the Bank of Moscow, have acquired five cinemas and plans to acquire 60 to 70 halls in ...   read more
Porto Montenegro Project Launches Marina
June 29, 2009, 7:22, (Property Xpress) - The first phase of a mega-yacht marina has been opened, as part of the elite Porto Montenegro tourism and ...   read more
Metro Puts in Operation First Retail Center in Bryansk
June 26, 2009, 14:00, (Property Xpress) - The retail arm of German Metro group, Metro Cash & Carry, has launched its first retail center in the town of ...   read more
Office/Hotel Development Gets Green Light in Dnipro, Ukraine
June 26, 2009, 14:00, (Property Xpress) - Members of the Dnipro City Council have approved the first construction stage of a mixed-use project in the ...   read more
VTB to Syndicate EUR 1.0 bln Loan in 2009 for Pulkovo Airport
June 26, 2009, 12:25, (Property Xpress) - VTB-Capital, the investment arm of VTB bank, plans to complete syndication of a EUR 1.0 bln credit for the ...   read more
Temporary Terminal Construction at Borispol Airport Approved
June 26, 2009, 12:21, (Property Xpress) - The Cabinet of Ministers of Ukraine has approved the project for construction of a temporary terminal F at the ...   read more
Alfa Bank Sells Two Business Centers
June 26, 2009, 12:02, (Property Xpress) - Russian Alfa Bank has decided to sell two business centers, received earlier as collateral for debts, several ...   read more



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