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Sberbank Gets Nod for Blocking Stake in Olympics Operator
April 03, 2009, 11:57, (Property Xpress) - The Federal Antimonopoly Service of Russia has given the green light to Sberbank capital, part of Sberbank, to ...   read more
Maratex to Focus on Expansion in Ukraine’s Capital
April 03, 2009, 11:04, (Property Xpress) - Fashion retail company Maratex, part of EM&F Group, plans to focus on expansion in Kiev, rather than regions, ...   read more
Macromir Files Insolvency Petition
April 03, 2009, 10:44, (Property Xpress) - Russian developer Macromir has filed a petition to the court in St. Petersburg to declare itself insolvent, ...   read more
Austrian Fund Acquires Four Developments in Romania
April 03, 2009, 9:07, (Property Xpress) - An Austrian investment fund, has bought stakes in four real estate schemes under development in Romania. Real ...   read more
USD 40 mln Pledged for Dream Factory near Moscow
April 03, 2009, 9:05, (Property Xpress) - The administration of the Moscow satellite Dzerzhinsky has allocated land for the USD 40 mln ‘Kinocity’ ...   read more
Romanian Developer Raises 80,000 Sq. m Logistics Park
April 03, 2009, 8:30, (Property Xpress) - A Bucharest-headquartered developer will raise an 80,000 sq. m logistics park in Romania, following an ...   read more
Russian Developer to Pour USD 150 mln in Fashion Retail
April 03, 2009, 8:29, (Property Xpress) - A Russian developer, active in retail center construction, is ready to invest about USD 150 mln in launching ...   read more
EUR 70 mln Mall Scheme under Construction in Novi Sad, Serbia
April 03, 2009, 7:41, (Property Xpress) - An Israeli company will invest EUR 70 mln to develop a shopping center in Novi Sad, Serbia, Igor Pavlicic, ...   read more
Finnish Retailer Aims to Top Russian DIY Regional Market
April 03, 2009, 7:40, (Property Xpress) - A Finnish retailer said it plans to become one of the leaders on the Russian regional DIY market, through two ...   read more
Iulius Group to Develop Mixed-use Complex in Iasi, Romania
April 03, 2009, 7:01, (Property Xpress) - Real estate developer Iulius Group will start development of a mixed-use scheme on a five ha plot, within the ...   read more
M.Industry Declines Rumors for Freezing Island Project
April 03, 2009, 7:00, (Property Xpress) - St. Petersburg-based group of companies M.Industry declined the information about freezing its gravel island ...   read more
St. Petersburg Decreases Value of Sea Facade Port by 32 Pct
April 02, 2009, 14:43, (Property Xpress) - The value of the Sea Facade passenger port in St. Petersburg has been decreased to USD 182 mln from the ...   read more
USD 10 mln Allocated for Hotel Reconstruction in Ukraine
April 02, 2009, 14:40, (Property Xpress) - A British Virgin Islands-registered holding company plans to invest USD 10 mln in reconstruction of Dnieper ...   read more
Developer Struggling to Raise Cash for Shopping Center in Ljubljana
April 02, 2009, 14:29, (Property Xpress) - A Southeast European developer and co-investor of large-scale commercial real estate projects in the region, ...   read more
Master Plan Ready for 843 Ha Economy Zone
April 02, 2009, 14:21, (Property Xpress) - The master plan for the 843 ha special economy zone in Caucasia Mineral Waters has been masterminded, said ...   read more
Vacant Space in Moscow Retail Centers Reaches Record 10 Pct in Q1
April 02, 2009, 14:04, (Property Xpress) - In spite of 10 to 15 pct lower rental prices, Moscow developers could not keep their tenants, resulting in a ...   read more
Masshtab Starts Sales of Cottage Village Near Moscow
April 02, 2009, 13:39, (Property Xpress) - Russian developer Masshtab said it has started sales of land lots in its cottage village Letova Roshsha, seven ...   read more
Four Malls to Open in Rousse, Bulgaria
April 02, 2009, 13:38, (Property Xpress) - Four out of five shopping centers, whose construction has started, will be put into operation in the Bulgarian ...   read more
Karavan and Lidl to Develop Discount Stores in Ukraine
April 02, 2009, 13:37, (Property Xpress) - Karavan Group and German Lidl are ready to jointly develop discount size projects across Ukraine, Alexander ...   read more
New Yorker Continues Expansion in Romania
April 02, 2009, 12:48, (Property Xpress) - German fashion brand NewYorker has opened its first store in Bucharest and the seventh in the country. The ...   read more
Saint-Gobain, Sisecam Sign For Flat Glass Development in Russia, Egypt
April 02, 2009, 12:41, (Property Xpress) - French construction material group Saint-Gobain SA said on Thursday it signed an agreement with Turkish glass ...   read more
M.Video Expands Network by Four Hypermarkets in Q1
April 02, 2009, 12:36, (Property Xpress) - Russian second biggest appliance retailer in terms of revenue has opened four new hypermarkets in the first ...   read more
Merkur International Announces Opening in Belgrade, Serbia
April 02, 2009, 12:29, (Property Xpress) - Merkur entity Merkur International has announced opening a new retail unit in autumn in Belgrade, Serbia. The ...   read more
Domo Signs Lease Agreement for 6,460 sq. m in Romania
April 02, 2009, 11:42, (Property Xpress) - An Italian real estate developer and investor has entered into an agreement with Domo appliance and ...   read more
USD 3.0 mln Credit Borrowed for Mall in Kirov
April 02, 2009, 11:39, (Property Xpress) - Volgo – Vyatsky Bank, part of Sberbank, has opened a USD 3.0 mln non-revolving five-year credit line to ...   read more



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