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Creditor to Take over Toys Retailer Banana-Mama
February 02, 2009, 10:55, (Property Xpress) - Oleg and Igor Yakovlev, owners of children goods retailer Banana-mama, have reached an agreement to pass the ...   read more
Australian Developer to Start Residential Projects in Romania
February 02, 2009, 10:53, (Property Xpress) - An Australian real estate developer will start two new residential projects this year, following an over EUR ...   read more
Orchid Developments Announces Portfolio Priorities in Bulgaria
February 02, 2009, 10:14, (Property Xpress) - Orchid Developments Group Limited said it will update its current portfolio by focusing primarily on ...   read more
Kamskaya Dolina Acquires Unfinished Townhouses Project
February 02, 2009, 10:12, (Property Xpress) - Russian developer OAO ‘Kamskaya Dolina’ has acquired an unfinished townhouse project in the Perm region, ...   read more
Grupo Lar tо Complete Serena Apartments in Bucharest
February 02, 2009, 9:30, (Property Xpress) - Spanish real estate developer Grupo Lar will carry out construction work in two phases on ‘Serena ...   read more
Israeli Company Rezones 240 ha in St. Petersburg
February 02, 2009, 9:30, (Property Xpress) - An Israeli company said its shares on the Tel-Aviv Stock Exchange gained over 50 pct on the news that it has ...   read more
NBC to Double Residential Volume in 2009
February 02, 2009, 8:48, (Property Xpress) - Kiev-based National Building Company (NBC) intends to put 1,018 apartments into operation with a total area of ...   read more
RosOEZ to Invest USD 122 mln in Resort Infrastructure
February 02, 2009, 8:48, (Property Xpress) - Russia’s Federal Agency for Management of Special Economic Zones (RosOEZ) said it will invest USD 122 mln in ...   read more
TKS to Complete Advanced Projects in Ukraine
February 02, 2009, 8:03, (Property Xpress) - Lviv-based TKS Holding is focusing on their current projects in the advanced stages, Commercial Director, ...   read more
Sibir Energy Scrap Plans for Shareholder’s Assets
February 02, 2009, 8:02, (Property Xpress) - Oil company Sibir Energy said it has decided to abandon plans to acquire development projects of one of its ...   read more
Nestle to Open USD 200 mln Plant in Russia
January 30, 2009, 14:31, (Property Xpress) - Swiss Nestle, one of the world’s biggest foods and beverages producers, will invest USD 200 mln in a new ...   read more
Bulgarian Litex to Found JV in Shabla, Bulgaria
January 30, 2009, 14:01, (Property Xpress) - Shabla City Council has voted for founding a 35/65 joint venture with Litex Bulgaria Golf Club Shabla, ...   read more
Borodino to Develop Boutique Hotel in Sokolniki
January 30, 2009, 14:00, (Property Xpress) - Russian group of companies Borodino plans to develop a boutique hotel, as a part of the hotel and business ...   read more
USD 30 mln Hotel to Appear in Svetlogorsk
January 30, 2009, 13:20, (Property Xpress) - Kaliningrad region’s government said a USD 30 mln hotel will be developed off the Baltic Sea in the city of ...   read more
McDonalds Ukraine Extends Network
January 30, 2009, 13:06, (Property Xpress) - McDonalds Ukraine has opened its 17th fast food restaurant in Dnipro, Ukraine, in Karvan Center, on 17, ...   read more
Seventh Continent Redeems USD 5.4 Mln to BSTDB
January 30, 2009, 12:56, (Property Xpress) - Russian retail chain operator Seventh Continent has repaid USD 5.4 mln to Black Sea Trade & Development Bank ...   read more
MGV Distri-Hiper Borrows EUR 15 mln
January 30, 2009, 11:59, (Property Xpress) - MGV Distri-Hiper, operator of Auchan hypermarkets in Romania, has obtained EUR 15 mln finance from UniCredit ...   read more
Moscow Increases State Guarantees for SU-155 to USD 424 mln
January 30, 2009, 11:57, (Property Xpress) - The government in Moscow has increased the amount of state guarantees for developer SU-155 over the company's ...   read more
German Hypermarket Operator Ready to Buy Chain in Ukraine
January 30, 2009, 11:15, (Property Xpress) - One of the leading German DIY operators has announced its intention to purchase either a local, or an ...   read more
X5 Retail to Open Five Hypermarkets in 2009
January 30, 2009, 11:13, (Property Xpress) - X5 Retail Group N.V., operating food retail chains Pyaterochka, Perekriostok and Karusel, plans to open five ...   read more
LenSpecSMU Offers Pre-Schedule CLN Buy Back at 35 Pct of Nominal
January 30, 2009, 10:59, (Property Xpress) - St-Petersburg-based develompment company LenSpecSMU said it would restructure its CLN worth USD 100 mln. The ...   read more
Baneasa Investments in Observe Mode
January 30, 2009, 10:27, (Property Xpress) - Baneasa Investments, the company developing the largest private development undertaken in Romania, is ...   read more
Iulius Group to Continue Investing in Palas Iasi in Romania
January 30, 2009, 9:47, (Property Xpress) - Iulius Group will continue investing in Palas Iasi, Romania’s first urban scheme in a lifestyle center ...   read more
SPF to Tender Lot for Business Center
January 30, 2009, 9:44, (Property Xpress) - On March 18, St. Petersburg State Property Fund (SPF) will place for tender the right to rent a lot on ...   read more
Update: Ukrainian Developer to Sell Logistics and Cottage Village Projects
January 30, 2009, 8:33, (Property Xpress) - A Ukrainian real estate development company has announced its intention to prepare project documentation for ...   read more



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