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DEGI Delays Purchase of Mall of Sofia
November 26, 2008, 11:19, (Property Xpress) - Deutsche Gesellschaft fuer Immobilienfonds mbH (DEGI) is a German unit of global Aberdeen Asset Management, ...   read more
Russian Holding to Spend USD 800 mln for Residential District in Krasnodar
November 26, 2008, 11:18, (Property Xpress) - A Russian holding company plans to invest about USD 800 mln by 2014 to develop a new residential district ...   read more
Officials Approve Two Office Towers in Kiev
November 26, 2008, 10:34, (Property Xpress) - Kiev City Council has approved the preliminary design for equipping an office and commercial center on ...   read more
UK Nursery Retailer Signs Franchise Agreement for 30 Outlets in Russia
November 26, 2008, 10:27, (Property Xpress) - An UK based nursery retail franchise has signed a franchise agreement for 30 outlets to open in Russia. ...   read more
KanAm Grund to Enter Ukraine
November 26, 2008, 9:36, (Property Xpress) - German investment fund KanAm Grund intends to enter the Ukrainian real estate market, Lina Nemchenko, Partner ...   read more
Renova StroyGroup Starts Low-Rise Project in Yekaterinburg
November 26, 2008, 9:22, (Property Xpress) - Russian developer Renova StroyGroup will start the development of a low-rise village called ’45 district’, ...   read more
EBP Completes City Center Sofia Mall Sale in Bulgaria
November 26, 2008, 9:10, (Property Xpress) - Equest Balkan Properties PLC (EBP) has announced completion of the sale of City Center Sofia, a 22,910 sq. m ...   read more
Resort Town for Annual Five mln Tourists Planned for Astrakhan
November 26, 2008, 9:06, (Property Xpress) - A resort town called ‘Itil-gorod’, to be developed near Astrakhan, will become the second southern resort ...   read more
Panorama Group to Complete Already Started Projects in Ukraine
November 26, 2008, 8:41, (Property Xpress) - Despite the economics crisis, Kiev-based developer firm Panorama Group will focus on completion of earlier ...   read more
VEB Refused Refinancing Debt of X5 and Its Owners
November 26, 2008, 8:39, (Property Xpress) - Russian Vnesheconombank has refused refinancing the debts of Alfa Group, the 47-pct owner of X5 retail chain ...   read more
Spanish ROCA to Acquire 15.58 ha in Brasov, Romania
November 25, 2008, 16:23, (Property Xpress) - Spanish ROCA Group intends to build a household appliance plant in Prejmer, Romania. Company officials are in ...   read more
Immofinanz, Immoeast under Austrian Police Scrutiny
November 25, 2008, 16:13, (Property Xpress) - Austrian police raided troubled Austrian real estate groups Immofinanz and Immoeast on Tuesday as part of an ...   read more
Office of Arbat Prestige Changes Owner
November 25, 2008, 16:00, (Property Xpress) - The building on Vorontsovkskaya Street in Moscow, housing the office of retailer Arbat Prestige, has changed ...   read more
Multigroup to Develop Techno Park on 120 Ha in Mordovia
November 25, 2008, 15:48, (Property Xpress) - Russian company Multigroup plans to develop a 600,000 sq. m techno park on 120 ha near Mordovia’s capital ...   read more
PIK Group Secures USD 300 mln State Loan
November 25, 2008, 15:37, (Property Xpress) - On Tuesday, Russian PIK Group said it had secured a loan of up to USD 300 mln from the state bank VEB, as part ...   read more
Point Parks to Acquire Key Company in Bulgaria
November 25, 2008, 15:34, (Property Xpress) - Bulgarian Commission for Protection of Competition has allowed Luxemburg-headquartered Point Parks Bulgaria to ...   read more
Officials Approve Commercial Centers in Kiev Metro Section
November 25, 2008, 14:57, (Property Xpress) - Kiev City Council has approved the preliminary design for construction of retail centers on the foundations ...   read more
Billa to Open Five Units in Kursk in December
November 25, 2008, 14:43, (Property Xpress) - Billa Russia, developing the German supermarket chain Billa in the country, said next month it will open five ...   read more
Trident to Extend Romanian Network in 2009
November 25, 2008, 14:08, (Property Xpress) - Romanian retail chain Trident has announced its intention to invest EUR 19 mln to extend its network by five ...   read more
Development of Tourist Zones in Buryatia to Start in 2009
November 25, 2008, 13:59, (Property Xpress) - Development of tourist zones ‘Turka’ and ‘Peski’ in Buryatia will start in the coming year, following ...   read more
Consultant Sought for EUR 1.5 mln Airport Project
November 25, 2008, 13:51, (Property Xpress) - An international tender has been announced for selecting consultant to coordinate an airport rehabilitation ...   read more
PNK Group Continues Development of Three Logistics Parks
November 25, 2008, 13:20, (Property Xpress) - Russian developer PNK Group will not stop work on its three logistics projects after it signs a credit line ...   read more
Israeli Developer to Pour over EUR 500 mln in Shopping Schemes in Bulgaria, Macedonia
November 25, 2008, 12:09, (Property Xpress) - An Israeli developer plans to start three shopping centers in Bulgaria and one in Macedonia in the next four ...   read more
Krona Market Develops 320,000 sq. m Shopping/Entertainment Center in Moscow
November 25, 2008, 12:06, (Property Xpress) - Russian company ‘Krona Market’ is developing a 320,000 sq. m shopping and entertainment center, called ...   read more
Sparkassen Immobilien Modifies Sun Plaza in Bucharest, Postpones Opening for 2010
November 25, 2008, 10:54, (Property Xpress) - Austrian firm Sparkassen Immobilien, the real estate division of Erste Group, has postponed launching its ...   read more



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