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Walmart Eyes Russian Discounter Chain
July 15, 2009, 9:55, (Property Xpress) - U.S. retail giant Walmart Stores Inc. has made an acquisition offer for the 100 pct stake in Russian discount ...   read more
Horus Attracts Alcatel as Tenant, Considers Property Fund Set Up
July 15, 2009, 8:30, (Property Xpress) - The Moscow office of Alcatel-Lucent has decided to save expensive rents in Gorky Park Tower on Leningradsky ...   read more
Update: Car Producer Gets Loan for New Romanian Facility
July 15, 2009, 8:21, (Property Xpress) - A western European car producer is expected to receive a loan this September, to resume work on its project in ...   read more
USD 6.2 mln Hotel Opens in Yaroslavl Region
July 15, 2009, 7:53, (Property Xpress) - A new hotel, called ‘Summit’, opened in the city of Myshkino, Yaroslavl region, following an investment of ...   read more
Ukrsotsbank Resumes Lending for Yalta Residential Complex
July 15, 2009, 7:51, (Property Xpress) - Ukrainian Ukrsotsbank has resumed lending and a EUR 7.0 mln credit line will be obtained for completion of the ...   read more
First Phase of PNK-Chekhov Logistics Center Put into Operation
July 15, 2009, 7:18, (Property Xpress) - PNK Group has launched the 137,000 sq. m first phase of the ‘PNK-Chekhov’ logistics center in the Moscow ...   read more
New Greenfield Project for Serbia
July 15, 2009, 7:16, (Property Xpress) - Agreement has been reached on a new greenfield investment in Serbia. The project, to be implemented in the ...   read more
Sberbank Lends USD 25 mln to SU-155
July 14, 2009, 14:29, (Property Xpress) - Russian state-controlled Sberbank has allocated USD 25 mln to local group of companies SU-155, the bank said ...   read more
EUR 30 mln Invested in Three Hotels in Cluj, Romania
July 14, 2009, 14:17, (Property Xpress) - Total investments in the three new hotels in the Romanian city of Cluj are estimated at over EUR 30 mln. The ...   read more
Castorama to Open Voronezh Hypermarket on July 25
July 14, 2009, 13:34, (Property Xpress) - British DIY retailer Castorama, part of the Kingfisher group, will open its hypermarket on Patriots Prospect ...   read more
DEOL Partners to Start Mall of Ukraine Project in 2010
July 14, 2009, 13:09, (Property Xpress) - DEOL Partners expects to begin construction of the Mall of Ukraine retail and entertainment center in the Kiev ...   read more
Moscow Authorities Plan 200,000 sq. m Mixed-use Scheme
July 14, 2009, 12:36, (Property Xpress) - Moscow city authorities plan to develop a 202,700 sq. m mixed-use hotel and office complex on the site of ...   read more
240,000 Sq. m Golden Babylon Mall to Open in Q4
July 14, 2009, 12:00, (Property Xpress) - One of the biggest Russian malls, the 241,000 sq. m Golden Babylon Rostokino, will open in the last quarter of ...   read more
Bulgarian Land Development Proposes De-listing from AIM
July 14, 2009, 11:46, (Property Xpress) - Bulgarian Land Development, a LSE traded company with operations in Bulgaria, has announced that its board of ...   read more
Tender for 144 Ha in St. Petersburg Delayed by Concept Review
July 14, 2009, 11:09, (Property Xpress) - The tender for the integrated development of 144 ha in the shore zone between Fox Nose Cape to Sestroretsk has ...   read more
Zhytlobud to Invest USD 34 mln in Ukraine Housing Estate
July 14, 2009, 10:41, (Property Xpress) - Kiev-based Zhytlobud plans to invest USD 34 mln in housing estate development this year, Ivan Kurovsky, ...   read more
34,000 Sq. m Moscow Mall to Open in November
July 14, 2009, 9:57, (Property Xpress) - A 34,000 sq. m shopping and entertainment center will be completed in Moscow by the end of 2009 with the ...   read more
Sberbank Backs Residential Developments in Cheboksary
July 14, 2009, 9:33, (Property Xpress) - The Chuvashia office of Volgo-Viatski Bank of Sberbank has opened two credit lines of USD 3.1 mln and USD 5.5 ...   read more
Romanian Retailer to Raise Cash in Sale-leaseback Deal
July 14, 2009, 9:28, (Property Xpress) - A Romanian hypermarket chain is seeking to raise cash in a sale and leaseback deal. According to co-owner of ...   read more
EUR 1.8 mln for 70 pct Stake in Belgrade Fair
July 14, 2009, 8:54, (Property Xpress) - The sole bidder for the purchase of a 70 pct share in Belgrade Fair, the consortium of Italian Rimini Fair and ...   read more
725 Ha Industrial Park Planned for Stavropol Region
July 14, 2009, 8:40, (Property Xpress) - The first regional industrial and techno park in the Stavropol region will be created on 725 ha near ...   read more
Corrected: Ukrainian O’Key Chain Close to Signing With Strategic Investor
July 14, 2009, 8:35, (Property Xpress) - Ukrainian retail chain O’Key which started searching a strategic investor in the beginning of 2009, is now ...   read more
Technopolis Signs with First St. Petersburg Techno Park Tenant
July 14, 2009, 8:19, (Property Xpress) - Technopolis company, developing a techno park on the Pulkovskoe Road in St. Petersburg, has signed a ...   read more
Igd Signs with Minimax Discount in Romania
July 14, 2009, 7:44, (Property Xpress) - Igd Siiq, a player in the Italian retail sector, and MiniMax Discount, a Romanian chain involved in food ...   read more
Investment Fund to Focus on Luxury Hotels across Europe
July 14, 2009, 7:18, (Property Xpress) - A new EUR 600-800 mln investment fund focused on hotel acquisitions in eight European countries has been ...   read more



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