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IKEA to Invest EUR 50 mln in Russian Factory
August 12, 2009, 13:58, (Property Xpress) - Swedish furniture giant IKEA will invest about EUR 50 mln in construction of a wood processing factory in ...   read more
Kika Selects Site for First Samara Hypermarket
August 12, 2009, 13:47, (Property Xpress) - Austrian home products retailer Kika, through its franchisee will open its first unit in the Russian city of ...   read more
KEIC to Provide Guarantees for Hyundai Motor Russian Project
August 12, 2009, 12:38, (Property Xpress) - State-controlled Korea Export Insurance Corporation (KEIC) has confirmed its intention to provide guarantees ...   read more
Donetsk Airport Reconstruction Budget Approved
August 12, 2009, 12:26, (Property Xpress) - A preliminary plan for financing the Donetsk International Airport reconstruction has been approved at a state ...   read more
First Resident in Baikal Gates SEZ Ready with Hotel/Cottages Project
August 12, 2009, 11:56, (Property Xpress) - Russian-registered company Business-Master Baikal, the first resident in the Baikal Gates special economy zone ...   read more
Kiev Hotel in Donetsk Acquired by SCM’s Subsidiary
August 12, 2009, 11:20, (Property Xpress) - The Antimonopoly Committee of Ukraine (AMCU) has allowed Donetsk-registered Project 2012 to acquire the Kiev ...   read more
Glavstroy Close to USD 98 mln Debt Settlement with VTB
August 12, 2009, 11:04, (Property Xpress) - Russian developer Glavstroy is close to reaching agreement with VTB bank for settlement of a USD 98 mln debt, ...   read more
ProLogis, Eyemaxx Fire Staff, Freeze Romanian Projects
August 12, 2009, 10:51, (Property Xpress) - Almost all logistics projects in Romania have been canceled, teams have been drastically reduced and ...   read more
Update: ISTIL Group Bets on Commercial Property Development in Ukraine
August 12, 2009, 9:56, (Property Xpress) - ISTIL Group earlier this month said it would keep investing in Ukrainian commercial real estate and plans to ...   read more
36,000 Sq. m Retail Center Designed in Moscow
August 12, 2009, 9:30, (Property Xpress) - Consulting company RRG has developed the concept of a new retail center in the Zelenograd administrative ...   read more
USD 30 mln Reconstruction of Biysk Airport to Start in 2010
August 12, 2009, 8:45, (Property Xpress) - Reconstruction of the Biysk Airport, to become the main air gate to tourist zone Sky-blue Katun and gambling ...   read more
Cypriot Company Acquires Building Project in Kiev
August 12, 2009, 8:08, (Property Xpress) - Ukraine’s Antimonopoly Committee has permitted Nicosia-based Empshott Consultants Limited to take over ...   read more
Macedonia to Select Concessioner for Seven New Roads
August 12, 2009, 7:45, (Property Xpress) - Macedonian Government plans to offer concessions for seven new roads on a tender in late August or early ...   read more
Russian Developer Invites Marriottt to Operate Luxury Hotel
August 12, 2009, 7:43, (Property Xpress) - A Russian developer has selected Marriottt as operator for the five star class hotel, to be developed over the ...   read more
U.S. ACD to Develop USD 62 mln Cancer Center in Voronezh
August 12, 2009, 6:53, (Property Xpress) - U.S. company ACD Research is willing to invest about USD 62 mln in development of a cancer detecting center in ...   read more
EBRD Considers Providing EUR 25 mln to Sarajevo Airport
August 12, 2009, 6:52, (Property Xpress) - The European Bank for Reconstruction and Development (EBRD) is considering a loan of up to EUR 25 mln to ...   read more
Lenta Founder to Sell 35 Pct Stake to Marshall Capital by September
August 11, 2009, 14:34, (Property Xpress) - The founder of Russian food retailer Lenta, Oleg Zherebtsov, can quit the company, after signing a ...   read more
EBRD Supports Lafarge’s Investments in Russia
August 11, 2009, 14:08, (Property Xpress) - The European Bank for Reconstruction and Development (EBRD) is considering providing additional finance of EUR ...   read more
Moscow to Take Part in A-101 Project
August 11, 2009, 12:48, (Property Xpress) - The Government of Moscow will join the A-101 project no earlier than 2010-2011, said First Deputy Mayor of ...   read more
Developer Raises USD 5.4 mln for Ukrainian Logistics Project
August 11, 2009, 12:19, (Property Xpress) - A property developer active in Ukraine has announced that additional securities totaling USD 5.4 mln have been ...   read more
Construction of 11 High-rises Planned for Moscow
August 11, 2009, 11:41, (Property Xpress) - According to the New Ring of Moscow urban investment program, 11 high-rise complexes with different functions ...   read more
Two Moscow Cinemas to be Redeveloped into Mixed-use Schemes
August 11, 2009, 10:55, (Property Xpress) - Moscow cinemas Erevan and Orbita will be reconstructed into mixed-use schemes, as source in the city ...   read more
Expert-Capital to Sell Ukraine’s O’Key Chain by September
August 11, 2009, 10:53, (Property Xpress) - Estonian company Expert-Capital, operating the O’Key hypermarket chain in Ukraine, plans to complete the ...   read more
Macedonia to Tender 14.6 ha Lot for Hotel Development
August 11, 2009, 9:27, (Property Xpress) - Macedonian Ministry of Transport and Communications has announced a tender for the sale of a 146,600 sq. m lot ...   read more
Sberbank Lends USD 32 mln to Mall Developer
August 11, 2009, 9:22, (Property Xpress) - Russian state-controlled bank Sberbank has allocated a USD 32 mln worth loan to a local developer of shopping ...   read more



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