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16-Story Hotel to Rise in Moscow by 2011
March 30, 2009, 12:20, (Property Xpress) - Moscow will tender a 0.89-ha lot on April 9, where a 16-story hotel will be built in the next two years. The ...   read more
EUR 150 mln Shopping Complex to Open in Belgrade
March 30, 2009, 11:36, (Property Xpress) - The Usce shopping scheme will open tomorrow in the Belgrade suburb of the same name. The 130,000 sq. m ...   read more
VTB to Buy 51 Pct in Sistema for Two USD
March 30, 2009, 11:32, (Property Xpress) - Russian VTB bank will buy a 51 pct stake in Sistema-Hals, the development arm of local financial corporation ...   read more
Strabag Wins Tender in Montenegro
March 30, 2009, 10:49, (Property Xpress) - Austrian construction company Strabag wants to cement its leading position in the SEE and will partner with ...   read more
AFI Development to Relocate Headquarters
March 30, 2009, 10:22, (Property Xpress) - AFI Development plans to relocate its headquarters to own B+ class business center RiverSide Station on ...   read more
Plaza Centers Announces 2008 Results
March 30, 2009, 10:12, (Property Xpress) - Plaza Centers, an AIM quoted company, today announced its preliminary results for the year ended December, 31 ...   read more
240,000 Sq. m Mall Opens in Moscow
March 30, 2009, 9:54, (Property Xpress) - The 241,500 sq. m Metropolis shopping and entertainment complex has opened on Leningradskoe Road in Moscow. It ...   read more
Officials Sell Plot in Stara Zagora, Bulgaria
March 30, 2009, 9:53, (Property Xpress) - Members of Stara Zagora City Council have decided to sell a 0.248 ha plot related to a letter concerning ...   read more
Russia, Romania Move Danya Cebus to Profit
March 30, 2009, 9:15, (Property Xpress) - Danya Cebus Ltd., a contracting subsidiary of Africa-Israel Investments Ltd, said it turned a net profit of ...   read more
Russia, Romania Move Danya Cebus to Profit
March 30, 2009, 9:14, (Property Xpress) - Danya Cebus Ltd., a contracting subsidiary of Africa-Israel Investments Ltd, said it turned to a net profit of ...   read more
Danish Retail Chain to Enter Croatia
March 30, 2009, 8:50, (Property Xpress) - A Danish retail chain is ready to enter the Croatian market this year with an aggressive strategy, foreseeing ...   read more
IKEA Doubting About Development in Russia
March 30, 2009, 8:27, (Property Xpress) - Management of Swedish furniture retailer IKEA Group for Russia doubts the chance for further implementation of ...   read more
Hotel Operator to Be Privatized in Croatia
March 30, 2009, 8:26, (Property Xpress) - One of the hotel companies in Croatia, where the state has a majority stake, is expected to be privatized, ...   read more
Iberostar Bellevue Opens in Becici, Montenegro
March 30, 2009, 7:46, (Property Xpress) - Bellevue Hotels Group, the largest private-owned hotel company in Montenegro, has opened its elite complex ...   read more
Sberbank to Restructure USD 400 mln Debt of Moscow Developer
March 30, 2009, 7:42, (Property Xpress) - Russian state-controlled savings bank Sberbank will restructure an over USD 400 mln debt of one of the biggest ...   read more
123,500 Sq. m Media Center Planned for Moscow
March 30, 2009, 7:08, (Property Xpress) - A mixed-use complex, called ‘Media Center’ is to be created on the base of the biggest printing house in ...   read more
80 Stores Open in Grand Arena Mall in Romania
March 30, 2009, 7:07, (Property Xpress) - Grand Arena Mall in the Bucharest suburb Berceni, with its EUR 187 mln investment total represents Romania’s ...   read more
Developer to Complete Eight Ukrainian Residential Projects in 2009
March 27, 2009, 15:51, (Property Xpress) - A Ukrainian developer said it plans to put eight residential projects into operation with a total area of ...   read more
USD 22 mln Claims Filed against RTM
March 27, 2009, 15:50, (Property Xpress) - Creditors and partners of local development group RTM, have filed nine court claims against it for a total of ...   read more
Tender on Ada Bojana Announced in Montenegro
March 27, 2009, 15:11, (Property Xpress) - The Montenegrin Government has adopted tender documentation for a long-term lease of Ada Bojana Island for a ...   read more
Sistema Can Lose Subsidiary for Debts
March 27, 2009, 15:09, (Property Xpress) - Russian financial corporation Sistema can lose the majority stake in its development arm Sistema-Hals, 71.1 ...   read more
AFI Opens Business Centers in Bulgaria, Serbia
March 27, 2009, 15:08, (Property Xpress) - AFI Europe, active in residential and commercial development in eight countries across the continent, has ...   read more
Russian Developer Hires Golf Course Designer for Resort Project
March 27, 2009, 13:35, (Property Xpress) - A Russian investment company has reached an agreement with international golf course design company with ...   read more
Ukraine Hires Consultants for National Sports Complex
March 27, 2009, 13:30, (Property Xpress) - Ukrainian Sports Minister Yury Pavlenko said the state has hired two consultant companies for reconstruction ...   read more
75-Pct Acquisition in BPD to Stop Trading on AIM
March 27, 2009, 12:40, (Property Xpress) - In a statement, the board of Bulgarian Property Developments PLC (BPD) said it is expected that admission of ...   read more



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