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French Retailers Expand Further in Russia
April 15, 2009, 12:33, (Property Xpress) - Two French retail chains, active on the Russian market, plan to open new units in the country. Carrefour had ...   read more
Luxury Hotel Sector Sees Boom in Cluj, Romania
April 15, 2009, 12:20, (Property Xpress) - Four more five star hotels are expected to be developed in Cluj, Romania over the next few years, local ...   read more
IFC Lends USD 12 mln to Savservice Center
April 15, 2009, 11:42, (Property Xpress) - International Finance Corporation (IFC) will lend USD 12 mln to Ukrainian company LLC Savservice Center, part ...   read more
U.S. Retailer GAP Arrives in Romania
April 15, 2009, 11:01, (Property Xpress) - The USA-registered garment retailer GAP is ready to open its first Romanian store in the Baneasa Shopping City ...   read more
CEE Furniture Chain Enters Russia in April
April 15, 2009, 10:49, (Property Xpress) - One of the biggest players on the Central and Eastern European furniture market will open its first ...   read more
Asnova Holding Takes Control of Kievmetallprom in Ukraine
April 15, 2009, 10:42, (Property Xpress) - The Antimonopoly Committee of Ukraine (AMCU) has allowed Kiev-based Asnova Holding to acquire an over 50 pct ...   read more
St. Petersburg Faces DIY Chains Merger
April 15, 2009, 10:42, (Property Xpress) - The do-it-yourself (DIY) market of St. Petersburg will have a new player with over 40 stores, following the ...   read more
12 Vie for Getro Takeover in Croatia
April 15, 2009, 9:40, (Property Xpress) - Twelve potential buyers, including Konzum, Kaufland, Mercator and Metro, as well as eight investment funds, ...   read more
Court Confirms Glavstroy as Open Market Redeveloper
April 15, 2009, 9:28, (Property Xpress) - The arbitration court of St. Petersburg confirmed Glavstroy, part of Basic Element holding, as winner of the ...   read more
Metro Opens New Store in Kiev
April 15, 2009, 8:56, (Property Xpress) - Metro Cash and Carry Ukraine has opened a retail complex at 2A, Saburov Street in Kiev. The new store, the ...   read more
Tehnosila to Open up to 20 Stores in 2009
April 15, 2009, 8:56, (Property Xpress) - Russian electronics and home appliances hypermarket chain, Tehnosila, plans to open up to 20 new stores this ...   read more
Logistics Scheme Planned for Sofia Suburb
April 15, 2009, 7:55, (Property Xpress) - A new logistics complex project is expected to be carried out by a Spanish developer on a 10 ha plot near ...   read more
Finnish Concern Injects USD 175 mln to St. Petersburg Arms
April 15, 2009, 7:52, (Property Xpress) - A Finnish concern has decided to raise the capital of its St. Petersburg based subsidiaries by injecting about ...   read more
Mayak-LenSpecStroy Shifts to Low-rise Residential Development
April 15, 2009, 7:16, (Property Xpress) - Russian group of companies Mayak-LenSpecStroy, active mainly in high-rise city development, will switch to ...   read more
USD 18 mln Residential Structure Planned for Kiev
April 15, 2009, 7:06, (Property Xpress) - Design of a 16-story building totaling 8,600 sq. m has been worked out by Dorn Company by order of ...   read more
Sistema-Hals Places USD 90 mln Debut Bonds
April 14, 2009, 15:03, (Property Xpress) - Russian developer Sistema-Hals placed its debut bonds worth USD 90 mln on Tuesday, the company said in a ...   read more
EUR 550 mln Scheme Grows on Bulgarian Sea Coast
April 14, 2009, 14:54, (Property Xpress) - A luxury seven star class complex, estimated at EUR 550 mln is underway between the Bulgarian Black Sea ...   read more
DHS to Reconstruct Village of President Administration
April 14, 2009, 14:42, (Property Xpress) - Local developer DHS will carry out reconstruction of the Sosna village, whose land is owned by the ...   read more
REIT to Sell Construction Right for Hotel Complex in Bulgaria
April 14, 2009, 14:28, (Property Xpress) - A real estate investment trust will sell its construction right for a hotel complex in Kyustendil, Bulgaria, ...   read more
Bank of Moscow to Participate in Redevelopment of Plant Land
April 14, 2009, 13:21, (Property Xpress) - The Bank of Moscow has acquired a 19.9 pct stake from private investors in the Serp i Molot metallurgical ...   read more
XXI Century in Talks for USD 86 mln Restructuring
April 14, 2009, 13:15, (Property Xpress) - XXI Century, one of Ukraine’s leading real estate investment, development and property management companies, ...   read more
Restaurant Chain to Open 7 Units in Yekaterinburg
April 14, 2009, 12:53, (Property Xpress) - A U.S. fast food chain plans to open at least seven units in Yekaterinburg in the next three to five years. ...   read more
23-Story Office Project Approved in Kiev
April 14, 2009, 12:50, (Property Xpress) - Kiev City Council has approved the preliminary design of a 23-story office complex planned to be carried out ...   read more
CRE Postpones Construction Start on Citadela Project in Romania
April 14, 2009, 12:08, (Property Xpress) - The investment and development real estate trust CRE, part of Imotrust, announced it has temporarily postponed ...   read more
SEE Developer to Rent Resort in Montenegro
April 14, 2009, 11:45, (Property Xpress) - A developer group operating in South-Eastern Europe and in the CIS, plans to rent a former military resort in ...   read more



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