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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
Moscow Considers Sale of 30 Pct in TSUM
July 17, 2009, 11:33, (Property Xpress) - Moscow is considering the sale of its 30 pct stake in the second phase of the Central Department Store (TSUM), ...   read more
Michaniki Continues Artemida Project in Kiev, Ukraine
July 17, 2009, 10:55, (Property Xpress) - Greek construction group Michaniki will continue to implement its three main projects abroad, i.e. Alexander ...   read more
Michaniki Strengthens Russian Activities
July 17, 2009, 10:40, (Property Xpress) - Greek construction group Michaniki, which recently signed a strategic partnership agreement with Korean giant ...   read more
Chinese Investors Seek Lot for Luxury Hotel in Vladivostok
July 17, 2009, 9:58, (Property Xpress) - Chinese investors from the border city of Suifenhe are willing to develop the first five-star hotel in ...   read more
VK Development to Lease 100 pct in Kiev’s Alta Center by Autumn
July 17, 2009, 9:33, (Property Xpress) - VK Development, focusing on development and management of commercial properties in Ukraine, plans to lease 100 ...   read more
LEK Restructures Corporate Structure in Front of USD 53 Credit Payment
July 17, 2009, 8:46, (Property Xpress) - Russian group of companies LEK has carried out a reorganization of its corporate structure, setting up several ...   read more
First Hilton Hotel in Eastern European Provincial Town Opens Today
July 17, 2009, 8:28, (Property Xpress) - The opening of Hotel Palace Resort & Spa in Sibiu, Romania, affiliated with the Hilton chain last year, will ...   read more
JV Set for EUR 150 mln Investment in Montenegro
July 17, 2009, 7:27, (Property Xpress) - A joint venture has been established to develop a luxury tourist complex in Montenegro. The agreement signed ...   read more
Leroy Merlin Supermarket Opens in Rostov-on-Don
July 17, 2009, 7:11, (Property Xpress) - Leroy Merlin has launched a 12,500 sq. m building materials supermarket in Rostov-on-Don, following an ...   read more
TMM to Invest USD 25 mln in 2010
July 17, 2009, 7:05, (Property Xpress) - Ukrainian developer TMM intends to invest USD 25 mln in construction of 20,000 sq. m of residential space in ...   read more
Tashir’s First Kids Garden Store Opens in Moscow
July 17, 2009, 7:05, (Property Xpress) - The first store of Tashir Group’s new retail chain project Kids Garden has opened in the mega mall Rio on ...   read more



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