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Marriottt Signs Management Agreement for Krasnodar Hotel
June 19, 2009, 15:21, (Property Xpress) - Marriottt International will manage a 264 deluxe room-hotel in Krasnodar, Russia, following a long-term ...   read more
Carrefour Eyes Further Balkan Expansion in Serbia, Albania, Macedonia
June 19, 2009, 14:44, (Property Xpress) - Retail chain Carrefour has demonstrated interest in entering Serbian, as well as Albanian and Macedonian ...   read more
Accor Opens Second Ibis Hotel in Russia
June 19, 2009, 13:55, (Property Xpress) - Tomorrow the second Ibis branded hotel, part of the French Accor Group, will be inaugurated in Russia. The ...   read more
Pakko Holding to Sell up to 75 pct Share
June 19, 2009, 13:23, (Property Xpress) - Ukrainian Pakko Holding could sell up to 75 pct of the company by the end of this month, said General Director ...   read more
St. Petersburg Business Hotel Tests Hostel Compound
June 19, 2009, 12:34, (Property Xpress) - St. Petersburg based Business Hotel Karelia, on the embankment of the Moika River, will test a hostel for 156. ...   read more
Stroimontage Brooks Second Technical Default
June 19, 2009, 11:49, (Property Xpress) - Russian corporation Stroimontage has suffered a second technical default, after it was unable to meet a USD ...   read more
Elbit Imaging Completes Private Placement
June 19, 2009, 11:45, (Property Xpress) - Elbit Imaging today announced completion of a private placement of approximately USD 7.6 mln of series A ...   read more
Ukrainian Avantazh Suspends Construction Work on Two Projects
June 19, 2009, 11:07, (Property Xpress) - Kharkov-based investment and construction group Avantazh has suspended construction work on the class B+ ...   read more
Shangri-La to Open 400-Room Hotel in Moscow
June 19, 2009, 10:39, (Property Xpress) - Shangri-La Hotels and Resorts plans to open a 400-room hotel to the top floors of a 42-storey main building in ...   read more
EUR 24 mln for Shopping Mall in Albania
June 19, 2009, 10:37, (Property Xpress) - A total of EUR 24 mln will be provided for development of Albania’s largest shopping center. The proceeds of ...   read more
Romanian City Announces Tender for EUR 80 mln Project
June 19, 2009, 10:09, (Property Xpress) - A Romanian city has announced it will hold an auction to select the company, to take care of arranging an ...   read more
Krasnoyarsk to Transform Deserted River Island into Business/Entertainment District
June 19, 2009, 9:21, (Property Xpress) - The investment council of Krasnoyarsk has approved the project foreseeing the transformation of the deserted ...   read more
Inteco Pays USD 866 mln to Creditors
June 19, 2009, 8:36, (Property Xpress) - Russian developer Inteco, owned by Elena Baturina, has covered USD 866 mln liabilities to several Russian ...   read more
Romanian PIC Keeps Network Expansion Strategy
June 19, 2009, 8:30, (Property Xpress) - Dragos Stancu, the new CEO of the Romanian hypermarket retail chain PIC, said the company will maintain its ...   read more
VEB Considers up to USD 600 mln WB Financing for Infrastructure
June 19, 2009, 8:03, (Property Xpress) - Russian state bank for development and foreign economy affairs Vnesheconombank (VEB) can attract between USD ...   read more
Wizard Supermarket Rents 1,600 sq. m in Ukraine
June 19, 2009, 7:33, (Property Xpress) - Sanitaryware and heating utilities supermarket chain Wizard has rented 1,600 sq. m and become the anchor ...   read more
Hotel/Embassy Complex Gets Nod in Ukraine
June 19, 2009, 7:02, (Property Xpress) - The city building committee of Kiev has approved the corrected scheme, to be developed on 25, T. Shevchenko ...   read more
Moscow to See Five-Star Hotel Opening in 2010
June 19, 2009, 7:01, (Property Xpress) - A new 203-room luxury hotel is to become operational in September 2010 on Tverskaya Street in Moscow. ...   read more
Distributor Domus-Tevadi Rents 4,000 Sq. m in Yekaterinburg
June 18, 2009, 15:11, (Property Xpress) - Distribution company Domus-Tevadi has rented 4,000 sq. m of warehouse space in the Yekaterinburg-based ...   read more
RosInvestHotel Unveils Plans for Ukraine
June 18, 2009, 15:02, (Property Xpress) - Moscow-based management company RosInvestHotel, currently implementing a hotel project near Kiev, part of the ...   read more
MO Sofia Reports Revenue Growth, Profit Dip in 2008
June 18, 2009, 14:12, (Property Xpress) - MO Sofia AD, owner and operator of the shopping and entertainment center Mall of Sofia, today reported a 19 ...   read more
Arsenal – Nedvizhimost Sets Up Fund to Complete Mandarin Mall
June 18, 2009, 13:56, (Property Xpress) - Arsenal – Nedvizhimost has set up a close share investment fund to complete the Mandarin shopping and ...   read more
Mixed-use Complex Projected for Kiev Podolsk District
June 18, 2009, 13:05, (Property Xpress) - At its meeting on Wednesday, the Kiev Architecture and Urban Planning Council sent recommendations for ...   read more
KIKA to Replace IKEA in Samara
June 18, 2009, 12:49, (Property Xpress) - Austrian furniture chain KIKA plans to enter the Samara region and has already acquired 13,000 sq. m in the ...   read more
Business Center to Replace Moscow Plant by 2012
June 18, 2009, 12:25, (Property Xpress) - A mixed-use industrial and business complex will be developed in the place of the former Moscow Tea Factory in ...   read more



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