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Overline Group to Manage President Hotel in Kiev
April 27, 2009, 8:37, (Property Xpress) - Odessa-based Overline owner Boris Kaufmann is extending his development projects in Ukraine, after Kvadr ...   read more
KIT Finance Sells Stores of Bankrupted Chain
April 27, 2009, 8:04, (Property Xpress) - Russian bank KIT Finance has sold 20 of their 64 stores and the brand of bankrupted accessories chain Pur Pur, ...   read more
Romanian Developer to Attract EUR 20 mln
April 27, 2009, 7:41, (Property Xpress) - A Romanian developer will seek to borrow EUR 20 mln, including asset capital, bank loans and bond issues ...   read more
Korean Car Maker Seeks USD 331 mln for Russian Plant
April 27, 2009, 7:34, (Property Xpress) - A South-Korean car maker, which last year announced plans for a new production facility in St. Petersburg ...   read more
Greek Group Starts EUR 130 mln Projects in Bulgaria
April 24, 2009, 14:27, (Property Xpress) - A Greek group has received the construction permit and started construction work over EUR 130 mln worth ...   read more
Foreign Fund Buys 30 pct in Russian Developer
April 24, 2009, 14:17, (Property Xpress) - A foreign fund has announced it has acquired a 30 pct stake in one of the leading real estate development ...   read more
EUR 60 mln Retail Center Opens in Bourgas, Bulgaria
April 24, 2009, 14:09, (Property Xpress) - A new retail center has become operational in the Bulgarian Black Sea port city of Bourgas, following an ...   read more
Update: IKEA Selects Plant Spot in Serbia
April 24, 2009, 13:45, (Property Xpress) - Representatives of Swedish furniture maker IKEA arrived in Serbian Loznica to select location for construction ...   read more
Update: Russian Developer to Invest USD 50 mln in Six New Retail Brands
April 24, 2009, 13:41, (Property Xpress) - A Russian developer, active in retail center construction, says it plans to invest about USD 50 mln this year ...   read more
New Cinema Opening in Russia Slowed Down
April 24, 2009, 13:08, (Property Xpress) - Only 60 new cinema halls were opened in the first quarter of 2009, compared to the 116 in the same period of ...   read more
Good Sales Encourage C&A to Open New Romanian Units
April 24, 2009, 12:48, (Property Xpress) - Successful rate in sales of the first C&A store in Romania, launched in early April, encouraged the German ...   read more
Developer to Construct USD 200 mln Scheme in Moscow
April 24, 2009, 12:13, (Property Xpress) - A Russian developer will spend about USD 200 mln for construction of a 40,000 sq. m office and hotel scheme on ...   read more
Update: Five Star Hotel Planned for Skopje, Macedonia
April 24, 2009, 12:12, (Property Xpress) - The five-star hotel, whose foundation stone was laid in the Skopje, Macedonia city center last August, will ...   read more
DON-Stroy Opens 20,000 Sq. m Retail Center in Moscow
April 24, 2009, 11:30, (Property Xpress) - Russian developer DS Development, part of DON-Stroy group, will open its 20,000 sq. m Na Begovoi retail center ...   read more
Dedeman Opens First Store in Bucharest
April 24, 2009, 10:54, (Property Xpress) - Construction materials retailer Dedeman Bacau has opened its first store in Bucharest and the 13th in the ...   read more
Volgodonsk to Tender 30 ha for Residential Development
April 24, 2009, 10:44, (Property Xpress) - Russian city of Volgodonsk in Rostov region will carry out a tender for the integrated residential development ...   read more
New Hilton Hotel Projected for Croatia
April 24, 2009, 10:34, (Property Xpress) - The Croatian city Split is expected to have the second Hilton unit in the country by the end of this year ...   read more
Sibmall to Replace Debt Ridden Anchor
April 24, 2009, 9:30, (Property Xpress) - Novosibirsk-based shopping and entertainment center Sibmall opened in 2008 with a total area of 65,000 sq. m ...   read more
Final Agreement Reached on Donetsk Hotel Project
April 24, 2009, 9:24, (Property Xpress) - Gerc Group and Ukrainian Hotels signed a memorandum for development of their Donetsk hotel project on April ...   read more
IKEA’s Subsidiary Ready to Open Store in Romania
April 24, 2009, 8:47, (Property Xpress) - The furniture and interior decorations arm of Swedish group IKEA, Habitat, is ready to open a store in Romania ...   read more
X5 Retail Group Buys Siberian Chain with Shares
April 24, 2009, 8:38, (Property Xpress) - The shareholders structure of Russia’s largest retailer РҐ5 Retail Group will be changed, after its ...   read more
Smolyan Cancels ZUP of Super Perelik Project in Bulgaria
April 24, 2009, 8:04, (Property Xpress) - Bulgarian mountain city of Smolyan has canceled its own decision on the zoning use permit (ZUP) of the Perelik ...   read more
Russian Retail Chains Continue Expansion in Perm
April 24, 2009, 7:54, (Property Xpress) - Russian retailers are continuing investment in the Perm region, trade minister of the region Marat Bimatov ...   read more
Rostov to Tender 30,000 Sq. m in Azov-City
April 24, 2009, 7:17, (Property Xpress) - The Economy Ministry of Russia’s southern Rostov region has announced a tender for two lots of 15,000 sq. m ...   read more
Russian Corp to Develop EUR 300 mln in Montenegrin Resort
April 24, 2009, 7:16, (Property Xpress) - A Russian corporation, currently active in Moscow and land development in the region, plans to develop a ...   read more



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