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X5 Retail Places USD 260 mln Bond
June 11, 2009, 13:35, (Property Xpress) - X5 Retail Group N.V., Russia's largest retailer in terms of sales, today announced it has placed a USD 259 mln ...   read more
Volkswagen Group to Spend USD 120 mln in Ukraine
June 11, 2009, 12:59, (Property Xpress) - German car maker Volkswagen, through its Ukrainian partner Eurocar, will invest USD 120 mln in the second ...   read more
First Phase of Big Logistics Scheme to Open in Yekaterinburg in 2009
June 11, 2009, 12:43, (Property Xpress) - Russian group of companies RED plans to put the first 22,000 sq. m phase of the A class warehouse complex ...   read more
Tiriac Imobiliare to Focus on Two Residential Estates in 2009
June 11, 2009, 12:42, (Property Xpress) - Tiriac Imobiliare, part of Tiriac Holdingss Group controlled by businessman Ion Tiriac, will concentrate its ...   read more
24,000 sq. m Office Property to Rise in Zagreb
June 11, 2009, 12:12, (Property Xpress) - A 24,000 sq. m office property will be developed on Dubrovnik Blvd in Zagreb. Croatia’s largest furniture ...   read more
Murmansk Okays Retail Center Development
June 11, 2009, 11:47, (Property Xpress) - Russia’s northern city of Murmansk has approved the development of a new shopping and entertainment center ...   read more
Plodine Opens EUR 8.0 mln Unit in Rovinj, Croatia
June 11, 2009, 10:47, (Property Xpress) - Rijeca-based supermarket chain Plodine has opened its 48th unit in the country, on 2 Fazanska Street in ...   read more
65,000 Sq. m Furniture Center to Open in December
June 11, 2009, 10:24, (Property Xpress) - The 65,000 sq. m furniture retail complex Armada is scheduled to open at140 Warsaw Road in Moscow on December ...   read more
Mega Image to Allocate EUR 17 mln in Romania
June 11, 2009, 10:23, (Property Xpress) - Delhaize le Lion, a Belgian food retailer active in Romania, increased the capital of Mega Image supermarkets ...   read more
Development-Yug Restructures USD 61 mln Debt
June 11, 2009, 9:24, (Property Xpress) - Russian company Development-Yug, one of the biggest operators in the Krasnodar region, has restructured a USD ...   read more
70,000 sq. m Logistics Center near Zagreb Starts in Autumn
June 11, 2009, 9:19, (Property Xpress) - This autumn construction work will start on a 70,000 sq. m logistics center in Croatia. The project will ...   read more
Basic Element Finds Investors for Olympic Developments
June 11, 2009, 8:43, (Property Xpress) - Russian debt-ridden holding company Basic Element, owned by Oleg Deripaska, has found investors for its ...   read more
Evrotek Gets Green Light for Intermarket Acquisition
June 11, 2009, 8:40, (Property Xpress) - The Antimonopoly Committee of Ukraine (AMCU) has allowed Evrotek, manager of the Fresh Market chain, to buy a ...   read more
PIK Cancels Contract with Moscow, Sells Flats Alone
June 11, 2009, 8:14, (Property Xpress) - Group of companies PIK has asked the Moscow government to cancel the contract for a buy-out of flats by the ...   read more
EUR 15 mln Hotel Planned for Mamaia, Romania
June 11, 2009, 8:11, (Property Xpress) - A Romanian entrepreneur will develop a four-star hotel in the Romanian Mamaia resort estimated at EUR 15 mln. ...   read more
17 Companies Bid to Implement EUR 30 mln Mall in Bulgaria
June 11, 2009, 7:17, (Property Xpress) - Some 17 Bulgarian companies have declared their readiness to file their offers by June 18, for implementation ...   read more
Russia to Continue Finance of Domodedovo Airport Upgrade
June 11, 2009, 7:07, (Property Xpress) - The management of Domodedovo International Airport has allowed the Transport Ministry to increase the rental ...   read more
New EUR 300 mln Fund for Russian Distressed Assets
June 10, 2009, 14:47, (Property Xpress) - A U.S.-based privately owned real estate firm will launch an investment fund for Russian commercial property. ...   read more
Viva Land Shopping Mall to Open in Samara in Q3
June 10, 2009, 14:03, (Property Xpress) - Opening of the ‘Viva Land’ shopping and entertainment center in Samara is planned for the third quarter of ...   read more
Update: Construction Starts on Retail Scheme in Sofia
June 10, 2009, 14:01, (Property Xpress) - Construction work has begun on a large retail project spread over 42,000 sq. m in Sofia, with a total of EUR ...   read more
Kiev InterContinental Hotel to Open in September
June 10, 2009, 13:26, (Property Xpress) - The five-star InterContinental Hotel in Kiev, managed by the U.K.-based chain InterContinental Hotels will ...   read more
MTS to Open 800 Stores in 2009
June 10, 2009, 12:58, (Property Xpress) - Russian mobile operator MTS plans to launch 800 units in 2009 thus increasing its network number to 2,500, CEO ...   read more
Smolensk Region to Develop Logistics Hub
June 10, 2009, 12:30, (Property Xpress) - Russian Smolensk region plans to develop a big transport and logistics hub, Governor, Sergey Antufev, said. It ...   read more
Novosibirsk Golden Park Mall to Open in December
June 10, 2009, 11:22, (Property Xpress) - The Golden Park shopping and entertainment center with a total area of 30,000 sq. m will open on December 1, ...   read more
Prime Location Site in Belgrade Sold for EUR 17.6 mln
June 10, 2009, 10:51, (Property Xpress) - Belgrade’s Duga paint and varnish factory, majority owned by Slovenian Helios, has sold 30,000 sq. m of ...   read more



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