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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
Abraxus Investments to Avoid Property Development in Romania
July 20, 2009, 12:44, (Property Xpress) - Abraxus Investments, admitted to trading on the PLUS market, has today announced that it will not proceed with ...   read more
Engineering Ecosystems Completes Preparatory Work for Seven Plants in St. Petersburg
July 20, 2009, 12:27, (Property Xpress) - St. Petersburg-based Engineering Ecosystems has completed preparatory work for the Kamenka industrial zone. ...   read more
First Silpo Hypermarket Opens in Ternopol, Ukraine
July 20, 2009, 12:03, (Property Xpress) - The first Silpo hypermarket, with a total area of 8,000 sq. m, opened in Ternopol. The store is located in the ...   read more
Atlas Group Secures Funds for Meljine Project in Montenegro
July 20, 2009, 11:41, (Property Xpress) - Serbian Atlas Group, which a year ago won the tender for the former center of military hospital institutions ...   read more
Business Center Morozov 100 pct Pre-let
July 20, 2009, 11:38, (Property Xpress) - KR Properties has completed the lease campaign for the office space in the A-class Morozov business center. ...   read more
Finnish Retailer to Open 20 Stores in St. Petersburg by 2014
July 20, 2009, 10:57, (Property Xpress) - A Finnish clothes retailer has recently launched its first Russian unit and aims to create a network of twenty ...   read more
Varna Towers Plans New Investment in Varna, Bulgaria
July 20, 2009, 10:53, (Property Xpress) - Bulgarian Varna Towers, developer of the shopping and office center of the same name in the Black Sea city of ...   read more
Macedonia to Tender 13.5 ha for Tourist Resort Development
July 20, 2009, 10:14, (Property Xpress) - The Ministry of Transport and Communications of the Republic of Macedonia has announced the sale of 13.5 ha of ...   read more
Alfa-Group Buys Overdue Debts of Mirax Group
July 20, 2009, 10:11, (Property Xpress) - Alfa-Group, controlled by Mikhail Fridman, has bought the USD 200 mln overdue debts of Mirax Group from Credit ...   read more
Onexim Forms 50,000 ha Land Bank in Russia
July 20, 2009, 9:32, (Property Xpress) - Onexim Group, controlled by the Russian billionaire Mikhail Prokhorov, has acquired about 50,000 ha of land in ...   read more
ECDC Injects EUR 6.0 mln in Galleria Plovdiv
July 20, 2009, 9:10, (Property Xpress) - European Convergence Development Company PLC (ECDC) today announced it has commited to a further investment ...   read more
Redevelopment Planned for Nivki Cinema in Kiev, Ukraine
July 20, 2009, 8:33, (Property Xpress) - The Nivki cinema theater on Shterbakov Street in the Kiev Shevchenko area will be redeveloped into a shopping ...   read more
Russian-Chinese Economic Center Signs Cooperation Agreement with Stavropol
July 20, 2009, 8:31, (Property Xpress) - Russian federal agency for management of special economic zones (RusSez) concluded a cooperation agreement ...   read more
M-Industry Cuts Budget for Federation Island
July 20, 2009, 8:10, (Property Xpress) - The budget of the Federation Island project in Sochi has been reduced by 15 pct, to up to USD 6.0 bln, project ...   read more
Contractor Signs to Build 80,000 sq. m Logistics Scheme in Croatia
July 20, 2009, 8:08, (Property Xpress) - A Croatian construction company has announced it has been awarded a contract to build the 80,000 sq. m ...   read more
Kingfisher to Open Small Stores in Russia
July 20, 2009, 7:03, (Property Xpress) - U.K.-based Kingfisher, the operator of Castorama retail chain in Russia, will focus on a small store format in ...   read more
Retail Park on 8.0 ha under Way in Sofia, Bulgaria
July 20, 2009, 7:03, (Property Xpress) - A new retail park will be developed on an 8.0 ha land plot in Sofia, Bulgaria. The project will accommodate ...   read more
Winner Announced for 166-unit Residential Project Construction in Sochi
July 17, 2009, 13:27, (Property Xpress) - The winner of the contest for design, survey and construction of the residential buildings on Tavricheskaya ...   read more
Orascom-negotiations with Montenegro near Final Stage
July 17, 2009, 12:10, (Property Xpress) - The negotiations between the Montenegrin government and the Egyptian company Orascom are in the final stage ...   read more
120,000 Sq. m of Offices for Barbu Vacarescu-Floreasca Area in Romania
July 17, 2009, 11:41, (Property Xpress) - Five office buildings with a total leasable area of 120,000 sq. m will form the Barbu Vacarescu-Floreasca ...   read more



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