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Austrian Group to Start EUR 100 mln Office Property Development in Bucharest
December 03, 2008, 14:44, (Property Xpress) - An Austrian investment and development group, owner of three real estate assets in Romania, has applied for a ...   read more
Lenta to Open USD 23 mln Retail Center in Penza
December 03, 2008, 13:55, (Property Xpress) - Russian company ‘Lenta’ will open a new retail center in Penza on December 6, it said in a statement. ...   read more
New Fund to Raise EUR 100 mln for Western Balkans Investments
December 03, 2008, 13:53, (Property Xpress) - A new closed-end, EUR 100 mln property fund, targeting investments in the Western Balkans countries of ...   read more
BEBE Woman Arrives in Romania
December 03, 2008, 13:17, (Property Xpress) - BEBE Woman, will enter Romania by opening a store in the AFI Cotroceni Park shopping center by the end of next ...   read more
New Fund to Hunt Russian Property Assets
December 03, 2008, 13:12, (Property Xpress) - A new closed-end fund will be launched to invest in Russian real estate assets, Head of fundraising department ...   read more
Deva Mall to Open in Romania
December 03, 2008, 12:23, (Property Xpress) - Shopping center Deva Mall, developed by Romanian Simal Exim, will be launched on December 11, 2008, following ...   read more
St. Petersburg to Allocate 24 ha to Korean Consortium for USD 200 mln Investment
December 03, 2008, 12:21, (Property Xpress) - The Government of St. Petersburg has signed a letter of understanding with a consortium of seven Korean car ...   read more
Sibir Energy to Buy Properties for USD 340 mln from Shareholder
December 03, 2008, 10:42, (Property Xpress) - UK-listed Sibir Energy said in a statement it proposes to acquire additional real estate for a total ...   read more
Eurobank Properties Cancels Preliminary Contract to Buy Property in Sofia, Bulgaria
December 03, 2008, 10:41, (Property Xpress) - Greek real estate group Eurobank Properties REIT has annulled a preliminary agreement to take over a 100 pct ...   read more
Commercial and Entertainment Center Planned for Kharkov, Ukraine
December 03, 2008, 10:06, (Property Xpress) - A new commercial and entertainment center, called ‘Boulevard of Poznyaky’ is scheduled for opening in ...   read more
Approved Site Design for Altai Valley
December 03, 2008, 10:06, (Property Xpress) - Authorities of Altai Republic has approved the site design of the special economy zone ‘Altai Valley’ that ...   read more
Hervis to Open Two Stores in Bucharest in Six Months
December 03, 2008, 9:35, (Property Xpress) - Hervis, the sporting goods retail division of Spar group, will open two stores of above 1,500 sq. m each in ...   read more
RED Signs Tenant Agreements for Business Center in Yekaterinburg
December 03, 2008, 9:35, (Property Xpress) - Russian group of companies Real Estate Development (RED), the developer of A class business center ...   read more
127,000 Sq. m Galleria Plovdiv Mall to Open in May 2009
December 03, 2008, 8:42, (Property Xpress) - The 127,000 sq. m Galleria Plovdiv mall, located in Bulgaria’s second largest city of Plovdiv, will open in ...   read more
Italian Company to Open Logistics Center and Ceramic Tile Plant in Russia
December 03, 2008, 8:42, (Property Xpress) - A big Italian ceramics producer will develop by 2011 a ceramic tiles plant and a logistics center in the ...   read more
Cherno More Park Gets Construction Permit in Bulgaria
December 03, 2008, 8:23, (Property Xpress) - The ‘Cherno More Park’ project in Varna, Bulgaria, has received a construction permit, project investors ...   read more
200,000 Sq. m Business Park Opens in Moscow
December 03, 2008, 8:20, (Property Xpress) - A 200,000 sq. m office center ‘Pravda’ has opened on the street of the same name in Moscow. It replaces ...   read more
Auchan Romania to Open Second Hypermarket in Bucharest
December 02, 2008, 16:22, (Property Xpress) - Auchan Romania will crown this year’s expansion plan in December by opening a second hypermarket in ...   read more
Finstar Properties to Develop Two Malls and Office Building in Belgorod
December 02, 2008, 16:22, (Property Xpress) - Development company Finstar Properties plans to construct two shopping and entertainment centers and an office ...   read more
Negoita Brothers Ready to Acquire Uncompleted Projects in Romania
December 02, 2008, 16:07, (Property Xpress) - Romanian businessmen Robert and Ionut Negoita are interested in purchasing uncompleted real estate projects, ...   read more
Oslo Marine to Spend EUR 400 mln in Forestry Project by 2012
December 02, 2008, 15:54, (Property Xpress) - ‘Oslo Marine’ group plans to invest EUR 400 mln in a timber-processing project in the St. Petersburg ...   read more
Pizza Hut Stops Expansion to Await Rental Prices Drop in Romania
December 02, 2008, 15:07, (Property Xpress) - The American Restaurant System company, holding the Pizza Hut franchise in Romania, intends to expand when ...   read more
Elite Residential Complex to Open in Moscow by 2011
December 02, 2008, 15:01, (Property Xpress) - A new elite class residential complex with 214 apartments of 60 to 300 sq. m will be raised in Moscow by 2011, ...   read more
Hilton Signs Hotel Franchise Contract in Romania
December 02, 2008, 13:55, (Property Xpress) - Hilton hotel chain will affiliate its second Romanian hotel in Sibiu and is present in Romania via the hotel ...   read more
Greek Residential Property Developer to Enter Bulgaria and Montenegro
December 02, 2008, 13:35, (Property Xpress) - A Greek developer currently operating on the Romanian residential market, intends to enter Bulgaria and ...   read more



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