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Alfa Group Repays USD 475 mln
December 08, 2008, 11:46, (Property Xpress) - Russian Alfa group has repaid a USD 475 mln loan to Deutsche Bank and BNP Paribas through its own funds. The ...   read more
Slav-Invest Signs Management Contract for Radisson Hotel in Ukraine
December 08, 2008, 10:25, (Property Xpress) - Consulting and management firm Slav-Invest, part of Slav-Invest Group, has signed a management contract for ...   read more
Rezidor Hotel Group to Open 10 Hotels by 2011 in Russia
December 08, 2008, 10:23, (Property Xpress) - International hotel operator Rezidor Hotel Group said it plans to launch about 10 new hotels by 2011 in ...   read more
Restaurant Chain Tinkoff to Switch to Economy Segment
December 08, 2008, 10:00, (Property Xpress) - Russian restaurant chain Tinkoff plans to open economy price segment units in Moscow, St. Petersburg and other ...   read more
Budva Holding Invites Investors for Golf Project JV
December 08, 2008, 9:45, (Property Xpress) - Budva Holding today invited investors to set up a joint venture firm for building an exclusive 18 hole golf ...   read more
28,400 Sq. m Shopping Entertainment Complex to Open in Ryazan
December 08, 2008, 9:24, (Property Xpress) - A 28,400 sq. m shopping and entertainment complex will open on December 11 in Ryazan on 15 Sobornaya Street. ...   read more
Michaniki Ukraine to Buy Land near Kiev
December 08, 2008, 9:19, (Property Xpress) - Michaniki Ukraine, representing the interests of Greek Michaniki Group, is considering acquiring a plot on the ...   read more
Basic Element Arm Wins Tender for Stadium Completion in St. Petersburg
December 08, 2008, 8:55, (Property Xpress) - ZAO ‘Inzhtransstroy’, part of Basic Element holding, has won the tender for completion of construction ...   read more
Golden Tulip to Open Five Affiliated Hotels in Romania in 2009
December 08, 2008, 8:50, (Property Xpress) - Golden Tulip, with six affiliated hotels on the Romanian market, three in Bucharest and one in Cluj, Sibiu and ...   read more
Detsky Mir Opens Luxury Center in Moscow
December 05, 2008, 15:32, (Property Xpress) - Detsky Mir Group, Russia’s leading retailer of children goods, has opened a ‘full concept shop’ luxury ...   read more
New Yorker to Open Four More Stores in Romania in 2009
December 05, 2008, 15:16, (Property Xpress) - German retailer for youth fashion New Yorker will continue its expansion in Romania, where it will open four ...   read more
200,000 sq. m Mixed-use Complex to Open in Krasnodar in Q2 2009
December 05, 2008, 15:11, (Property Xpress) - A Krasnodar-based developer plans to put into operation a shopping and entertainment complex with offices ...   read more
M.Video Attracts USD 7.0 Mln from Sberbank
December 05, 2008, 14:26, (Property Xpress) - Russian second largest appliances chain in terms of revenue, M.Video, has attracted a USD seven mln loan from ...   read more
U.S. Company to Build Plant on 8-ha Site in Romania
December 05, 2008, 14:22, (Property Xpress) - A U.S. company, one of the biggest suppliers of the consumer goods producer Procter & Gamble, is expected to ...   read more
Renaissance Don to Hire Kempinski as Hotel Manager
December 05, 2008, 13:58, (Property Xpress) - Russian developer ‘Renaissance Don’, the owner of ‘Bolshaya Moscovskaya’ Hotel, will sign a hotel ...   read more
Kaufland Buys EUR 4.5 mln Lot in Baia Mare, Romania
December 05, 2008, 13:15, (Property Xpress) - Discount hypermarket operator Kaufland Romania, part of German Schwarz Group, has purchased a 1.9 ha plot in ...   read more
AFI Development’s Mall of Russia 40 Pct Leased
December 05, 2008, 12:51, (Property Xpress) - AFI Development has leased 40 pct of the space in its ‘Mall of Russia’ project and its construction is ...   read more
Service Center to Replace Plant in Plovdiv, Bulgaria
December 05, 2008, 11:54, (Property Xpress) - A 5.3822 ha plot on the site of the Plovdiv-based electric devices producing plant in the so called Southern ...   read more
VTB Bank to Support Holiday Classic
December 05, 2008, 11:50, (Property Xpress) - VTB Bank has approved opening a EUR 56.6 mln credit line for Novosibirsk-based retailer Holiday Classic. The ...   read more
Commercial Center Planned for Blagoevgrad, Bulgaria
December 05, 2008, 11:15, (Property Xpress) - A 9,200 sq. m seven-story commercial center will be developed by former judge Iliya Yanev with Georgian ...   read more
A/B + Class Business Center Planned for Odintzovo, Russia
December 05, 2008, 11:14, (Property Xpress) - A new A/B + class business center, called ‘Centurion’, is expected to be built in Odintzovo, Russia, by ...   read more
REWE Group Completes Acquisition Deal for Moscow Retailer
December 05, 2008, 10:01, (Property Xpress) - REWE Group, present in Russia through the chain ‘Billa’, has completed the acquisition deal for ...   read more
Mercator to Invest EUR 29 mln in New Serbian Stores
December 05, 2008, 9:59, (Property Xpress) - Slovenian firm Mercator today announced it intends to invest around EUR 29 mln in new retail entities in ...   read more
Logistics Park to Pop Up near Moscow in Five Years
December 05, 2008, 9:30, (Property Xpress) - A logistics park comprising over 50 storage buildings will be developed in the next five years in the Moscow ...   read more
Kika to Open New Stores in Romania
December 05, 2008, 9:29, (Property Xpress) - Austrian mobile retailer Kika intends to open new stores in ten major cities across Romania, including three ...   read more



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