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Cinema City Opens in Pitesti, Bucharest
September 02, 2009, 7:52, (Property Xpress) - Cinema City International N.V. is opening a multiplex with six screens and 1,200 seats today in the Romanian ...   read more
Residential Developer in Ghencea Claims Costs Fell 25 pct in 2009
September 02, 2009, 7:27, (Property Xpress) - A Romanian developer of residential projects in Ghencea said construction costs have dropped by 15 to 25 pct ...   read more
Retailer Victoria to Place USD 94 mln Bond
September 02, 2009, 7:25, (Property Xpress) - Russian company Victoria-Finance, the SPV of retailer Victoria group of companies, plans to place a 3.0 bln ...   read more
Bulgarian Municipality Sells 6,000 sq. m Lot for Supermarket
September 01, 2009, 16:11, (Property Xpress) - A Bulgarian municipality today announced it has sold a 6,000 sq. m lot destined for a supermarket development ...   read more
Landmark Hotel in Russia to Open in 2011 after Refurbishment
September 01, 2009, 14:39, (Property Xpress) - A leading Russian hotel chain, operating over 3,000 hotel rooms across the country, has announced it will open ...   read more
IGH Selected to Design and Build Airport in Ukraine
September 01, 2009, 13:58, (Property Xpress) - IGH, a leading Croatian construction company, has been selected to design and build an airport in Donetsk, ...   read more
U.S.-based Group to Invest in Russian Production Facility
September 01, 2009, 13:28, (Property Xpress) - A U.S.-based company has announced its board of directors approved a plan to invest USD 125 mln to establish a ...   read more
Irkutsk’s Biggest Mall Opening Put on Hold
September 01, 2009, 12:54, (Property Xpress) - A Russian development group has extended the deadline by a year for the opening of the biggest shopping and ...   read more
Billa-Ukraine Opens Two Ukrainian Supermarkets by End’09
September 01, 2009, 12:53, (Property Xpress) - Kiev-registered Billa-Ukraine plans to launch two new Billa supermarkets in Ukraine by the end of 2009. The ...   read more
Don-Stroy Continues to Restructure Debts with Equity
September 01, 2009, 12:26, (Property Xpress) - The shareholders of Russian development company Don-Stroy are planning to sign an agreement for settlement of ...   read more
Kras to Relocate Zagreb’s Production Facility to Bosnia and Herzegovina
September 01, 2009, 12:23, (Property Xpress) - Zagreb-based Kras company, controlled by Nadan Vidosevic, will spend EUR 16 mln to build a 20,000 sq. m new ...   read more
Footwear Company to Expand into Russia
September 01, 2009, 11:04, (Property Xpress) - A footwear company, known for its affordable line of shoes by top fashion designers, plans to open stores in ...   read more
Ukrainian Debt-Free Developer Reports Portfolio Progress
September 01, 2009, 10:30, (Property Xpress) - A Ukrainian property development group today announced its financial statements for the period ending June 30, ...   read more
Chinese Corp to Pour USD One bln in Retail/Logistics Chain
September 01, 2009, 9:56, (Property Xpress) - A big Chinese investment group plans to develop an international chain of trade and logistics complexes under ...   read more
Sberbank Restructures USD 47 mln Debt of Developer
September 01, 2009, 9:33, (Property Xpress) - Russian state-controlled Sberbank, the biggest bank and major lender to developers in the country, has ...   read more
Austrian Group to Develop Croatian Largest Shopping Mall
September 01, 2009, 9:25, (Property Xpress) - An Austrian development group expects to receive the building permit for its largest Croatian shopping mall, ...   read more
Moscow Group Looks to Sell Never-ending Hotel Project
September 01, 2009, 8:27, (Property Xpress) - A Moscow-based group of companies is seeking buyers for the long term hotel construction project on the ...   read more
German Discounter to Debut in Russia on Solved Trademark Issue
September 01, 2009, 7:46, (Property Xpress) - A German retailer, developing a chain of discounters, is ready to enter the Russian market, after it managed ...   read more
Bucharest Approves 19-story Tower next to Union Square
September 01, 2009, 7:43, (Property Xpress) - Bucharest Local Council of Sector 3 has approved the detailed urban plan to build a 19-story tower on Corneliu ...   read more
Media Markt to Anchor Moscow Mall
September 01, 2009, 6:57, (Property Xpress) - Electronic and household appliances chain Media Markt has signed an anchor tenant contract with the retail ...   read more
Ukraine’s Ministry of Defense to Auction Properties in September
September 01, 2009, 6:56, (Property Xpress) - The first auction of objects of the Ukrainian Ministry of Defense will take place in early September, the ...   read more
Suzuki Likely to Restart Russian Plant Project
August 31, 2009, 14:50, (Property Xpress) - Japanese carmaker Suzuki, which froze its Russian project in St. Petersburg this summer, is likely to receive ...   read more
VTB Acquires Controlling Share in Sistema-Hals
August 31, 2009, 14:38, (Property Xpress) - The Federal Antimonopoly Service of Russia (FAS) has permitted VTB to acquire a 31.5 pct stake in ...   read more
Business Center Second Phase Placed on Sale
August 31, 2009, 14:13, (Property Xpress) - The second phase of a Moscow business center has been placed on sale, exclusive brokerage services provider ...   read more
N-Trans to Sell Tower in Moscow City by Piecemeal
August 31, 2009, 12:59, (Property Xpress) - Russian transport holding N-Trans plans to sell its sole big project in the capital piecemeal, as it is hard ...   read more



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