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Four Seasons May Lose Moscow Hotel Contract in Russia
December 29, 2009, 9:24, (Property Xpress) - Four Seasons may not operate the Moscow Hotel in the Russian capital, according to deputy mayor and head of ...   read more
Gallery Mod Rents Space in Alta Center
December 29, 2009, 9:01, (Property Xpress) - VK Development, managing Alta Center shopping mall in Kiev, has signed a lease agreement with luxury clothing ...   read more
Austrian Group to Spend EUR 25 mln for Infrastructure Projects in Montenegro
December 28, 2009, 13:38, (Property Xpress) - An Austrian construction group will allocate about EUR 25 mln to finance construction of infrastructure ...   read more
USD 400 mln Industrial Park Planned for Perm
December 28, 2009, 13:34, (Property Xpress) - A new industrial park project scheduled to start in Perm next year has been discussed at a meeting. This ...   read more
Sberbank Capital to Take Blocking Stake in Russian Retailer
December 28, 2009, 13:09, (Property Xpress) - Sberbank Capital can receive a blocking stake in the second largest retail company in Novosibirsk, New Trading ...   read more
Metro Drops Retail Investment in Zaporozhye, Ukraine
December 28, 2009, 12:43, (Property Xpress) - Metro Group Asset Management Ukraine, a subsidiary of German Metro Group, has refused to develop a retail ...   read more
St. Petersburg Approves Construction of Four New Hotels
December 28, 2009, 12:42, (Property Xpress) - At a regular session held last week, the St. Petersburg city government allowed construction of hotels in the ...   read more
Mirax Withdrawn as Partner in JV Development in Montenegro
December 28, 2009, 11:42, (Property Xpress) - Budva Municipality has withdrawn participation of the Russian company Mirax as a partner to build the future ...   read more
Serbian Company to Develop EUR 23 mln Distribution Center
December 28, 2009, 10:31, (Property Xpress) - The Serbian subsidiary of a Slovenian freight-forwarding and transportation company will start construction ...   read more
RUB 8.5 bln Granted to Primorsky Krai
December 28, 2009, 10:29, (Property Xpress) - Russian federal subject Primorsky Krai has received RUB 8.5 bln (USD 286.6 mln) to develop a social and ...   read more
Madara Bulgarian Property Fund Delists from AIM
December 28, 2009, 10:01, (Property Xpress) - Madara Bulgarian Property Fund, a LSE quoted real estate developer active in Bulgaria, has announced raising ...   read more
PIK Completes Loan Restructuring, to Borrow USD 430 mln
December 28, 2009, 9:59, (Property Xpress) - Russian PIK Group has completed its loan portfolio restructuring in a move aimed to receive new funding from ...   read more
Four-Star Hotel to Open in Kaluga in April
December 28, 2009, 9:29, (Property Xpress) - A four star lodging facility with 136 rooms and associated boarding house with 74 apartments will open in ...   read more
TAV to Receive EUR 10 mln for Macedonian Airports Project
December 28, 2009, 9:14, (Property Xpress) - EUR 10 mln funding has been approved to support the Turkish TAV Holding’s reconstruction project of Skopje ...   read more
O’Key to Anchor Europe Shopping Center in Lipetsk
December 28, 2009, 9:11, (Property Xpress) - St. Petersburg hypermarket chain O’Key is likely to occupy premises in Europe shopping center in Lipetsk, ...   read more
Immoeast Posts H1’2009 Results, Keeps Positive Outlook
December 28, 2009, 8:50, (Property Xpress) - Immoeast has reported EUR 314 mln in revenues in the first half of 2009, nearly double compared to the ...   read more
Immoeast Posts H1’2009 Results, Keeps Positive Outlook
December 28, 2009, 8:47, (Property Xpress) - Immoeast has reported EUR 314 mln in revenues in the first half of 2009, nearly double compared to the ...   read more
Fiat Acquires 67 pct in Serbian Zastava Car Factory
December 28, 2009, 8:07, (Property Xpress) - Last week, Italian automaker Fiat signed an agreement to purchase 67 pct in the Zastava factory in the central ...   read more
EUR 2.3 mln for Office Building in Moldova
December 28, 2009, 8:06, (Property Xpress) - A EUR 2.3 mln loan will be granted to support construction of a modern, energy efficient office building in ...   read more
Property Xpress Wishes All its Readers a Merry Christmas and a Prosperous New Year!
December 24, 2009, 7:56, (Property Xpress) - Property Xpress will resume publication on December, 28 till December 30, 2009. ...   read more
Ukrainian Holding Sells Development Site to Finance 55,000 sq. m Resort Project
December 23, 2009, 15:35, (Property Xpress) - A Ukrainian holding company plans to sell a logistics company and real estate assets in a move aimed at ...   read more
St. Petersburg Grants 2,000 Sq. m Site for Hotel Development
December 23, 2009, 14:52, (Property Xpress) - St. Petersburg city authorities have granted a land area of 2,150 sq. m at Krestovskiy Prospect in the city to ...   read more
Eldorado Opens Two Stores in Ukraine
December 23, 2009, 14:39, (Property Xpress) - Russia’s largest electronics and home appliances retailer Eldorado will launch two stores in Ukraine ...   read more
EKE Aims to Complete Pulkovo Sky by Summer 2010
December 23, 2009, 13:22, (Property Xpress) - Finland’s EKE Group will put the second stage of Pulkovo Sky business center into operation in the first ...   read more
Montenegrin Hotel to Sign Franchise Deal with International Operator
December 23, 2009, 13:05, (Property Xpress) - Shareholders of a Montenegrin hotel company have approved signing a management and franchise agreement for ...   read more



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