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Nafta Co. Acquires Voentorg
August 19, 2009, 9:06, (Property Xpress) - Group of companies Nafta Co., controlled by Suleiman Kerimov, has become owner of a 99.58 pct share in ...   read more
Building Permit Issued for Shopping Mall in Bulgaria
August 19, 2009, 8:40, (Property Xpress) - A building permit has been issued for a two-story shopping center with a total area of 28,180 sq. m in the ...   read more
Land Auction Announced for Two Lots in Tyumen
August 19, 2009, 8:15, (Property Xpress) - Two plots of land, of 98 and 47 ha in the suburbs of Tyumen, will be for sale at auction. The land is destined ...   read more
Sonae Sierra Takes EUR 4.5 mln from BRD for River Plaza Mall
August 19, 2009, 7:59, (Property Xpress) - Portuguese property development group Sonae Sierra, owner of River Plaza shopping center in Ramnicu Valcea, ...   read more
Seven Capitals Draft Plan Ready by End-2009
August 19, 2009, 7:29, (Property Xpress) - The draft plan of the Setl City project Seven Capitals in the village of Kudrovo will be corrected in autumn ...   read more
Fozzy Group Opens in Dafi Shopping Mall, Ukraine
August 19, 2009, 7:08, (Property Xpress) - Kiev-based Fozzy Group has signed a contract with Dnipro-based Dafi company for leasing 10,500 sq. m in the ...   read more
Retailer to Invest in Distribution Center Development in Romania
August 18, 2009, 13:58, (Property Xpress) - A German retail chain active in Romania will develop a 125,000 sq. m distribution center on a 40 ha lot in the ...   read more
EBRD Supports Cersanit Plant Extension in Ukraine
August 18, 2009, 13:12, (Property Xpress) - The EBRD is providing a EUR 20 mln loan to Cersanit Invest, a ceramic tiles producer operating in Ukraine, to ...   read more
Construction Work on Four-Star Hotel in Kiev to Start in 2010
August 18, 2009, 12:38, (Property Xpress) - A Ukrainian development group has announced it plans to start construction work on a four-star hotel in Kiev ...   read more
Olympstroy to Announce Tender for Three Hotel Projects
August 18, 2009, 12:05, (Property Xpress) - Russian state-owned corporation Olympstroy intends to shortly announce a tender to select investors in three ...   read more
Astelit Rents 6,500 sq. m of Office Space in Kiev
August 18, 2009, 11:40, (Property Xpress) - Ukrainian mobile operator Astelit has signed a lease agreement for about 6,500 sq. m of office space in ...   read more
Claim Filed Against Seventh Continent
August 18, 2009, 11:21, (Property Xpress) - Russian food retailer Seventh Continent has suffered a technical default on a second-series bond issue in a ...   read more
Developer to Present 100,000 sq. m Logistics Project in Slovenia
August 18, 2009, 10:45, (Property Xpress) - A Slovenian real estate developer has announced it will present its 100,000 sq. m logistics project located on ...   read more
U.S.-based Firm to Raise USD 3.5 bln Fund
August 18, 2009, 9:47, (Property Xpress) - A U.S.-based privately owned real estate company said it will seek to raise USD 3.5 bln from individual ...   read more
Plus to Spend EUR 36 mln for Romanian Network Extension
August 18, 2009, 9:20, (Property Xpress) - The Plus discount store network, owned by the German Tengelmann group, plans to add 23 new units to its chain ...   read more
AFI Development Sells 112,000 Sq. m Office Property in Russia
August 18, 2009, 9:04, (Property Xpress) - AFI Development today announced the sale of its Kosinskaya project located in the eastern administrative ...   read more
Jam Mall Opening in Kirov Postponed
August 18, 2009, 8:40, (Property Xpress) - Hermitage Construction & Management Group, developer of the Jam Mall shopping center in Kirov, has moved the ...   read more
Developer Announces 2008 Financial Results, Continues Asset Disposal
August 18, 2009, 8:26, (Property Xpress) - A property investor and developer active in South East Europe including Bulgaria, Serbia, Romania and ...   read more
Hilton Hotel Planned for Kirov
August 18, 2009, 7:15, (Property Xpress) - A Russian hotel developer partnering with the Hilton chain is planning a major hotel in the city of Kirov, ...   read more
Brocard Ukraine Extends Ukrainian Network
August 18, 2009, 6:57, (Property Xpress) - Retail firm Brocard Ukraine, owner of the Brocard perfumery and cosmetics store chain, plans to open three ...   read more
Lviv Airport and Kiev Zhulyany Extend Tender Deadlines
August 17, 2009, 15:14, (Property Xpress) - Municipal enterprise International Airport Kiev Zhulyany will extend the tender to select contractor to ...   read more
Canadian Group Completes First Phase of USD 200 mln Cottage Settlement in Russia
August 17, 2009, 14:47, (Property Xpress) - A Canadian development group has completed the first phase of its USD 200 mln cottage village project in ...   read more
Rainford Takes Over the Management of Bolshaya Lozhka Chain
August 17, 2009, 14:27, (Property Xpress) - Ukrainian commercial and industrial group Rainford has taken over management of all Bolshaya Lozhka chain ...   read more
Mosmart to Resume Operations in September
August 17, 2009, 13:36, (Property Xpress) - Russian retail network Mosmart will resume work in September and is expected to receive net income by the ...   read more
Engel Announces Debt Restructuring, Revises Sales Contract in Bulgaria
August 17, 2009, 13:10, (Property Xpress) - Engel East Europe has announced it has fully repaid the loan for its Ovcha Kupel development in Sofia. The ...   read more



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