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U.S.-based Firm to Raise USD 3.5 bln Fund
August 18, 2009, 9:47, (Property Xpress) - A U.S.-based privately owned real estate company said it will seek to raise USD 3.5 bln from individual ...   read more
Plus to Spend EUR 36 mln for Romanian Network Extension
August 18, 2009, 9:20, (Property Xpress) - The Plus discount store network, owned by the German Tengelmann group, plans to add 23 new units to its chain ...   read more
AFI Development Sells 112,000 Sq. m Office Property in Russia
August 18, 2009, 9:04, (Property Xpress) - AFI Development today announced the sale of its Kosinskaya project located in the eastern administrative ...   read more
Jam Mall Opening in Kirov Postponed
August 18, 2009, 8:40, (Property Xpress) - Hermitage Construction & Management Group, developer of the Jam Mall shopping center in Kirov, has moved the ...   read more
Developer Announces 2008 Financial Results, Continues Asset Disposal
August 18, 2009, 8:26, (Property Xpress) - A property investor and developer active in South East Europe including Bulgaria, Serbia, Romania and ...   read more
Hilton Hotel Planned for Kirov
August 18, 2009, 7:15, (Property Xpress) - A Russian hotel developer partnering with the Hilton chain is planning a major hotel in the city of Kirov, ...   read more
Brocard Ukraine Extends Ukrainian Network
August 18, 2009, 6:57, (Property Xpress) - Retail firm Brocard Ukraine, owner of the Brocard perfumery and cosmetics store chain, plans to open three ...   read more
Lviv Airport and Kiev Zhulyany Extend Tender Deadlines
August 17, 2009, 15:14, (Property Xpress) - Municipal enterprise International Airport Kiev Zhulyany will extend the tender to select contractor to ...   read more
Canadian Group Completes First Phase of USD 200 mln Cottage Settlement in Russia
August 17, 2009, 14:47, (Property Xpress) - A Canadian development group has completed the first phase of its USD 200 mln cottage village project in ...   read more
Rainford Takes Over the Management of Bolshaya Lozhka Chain
August 17, 2009, 14:27, (Property Xpress) - Ukrainian commercial and industrial group Rainford has taken over management of all Bolshaya Lozhka chain ...   read more
Mosmart to Resume Operations in September
August 17, 2009, 13:36, (Property Xpress) - Russian retail network Mosmart will resume work in September and is expected to receive net income by the ...   read more
Engel Announces Debt Restructuring, Revises Sales Contract in Bulgaria
August 17, 2009, 13:10, (Property Xpress) - Engel East Europe has announced it has fully repaid the loan for its Ovcha Kupel development in Sofia. The ...   read more
EIB to Grant EUR 83 mln Loan to RTR Center in Romania
August 17, 2009, 12:36, (Property Xpress) - The European Investment Bank (EIB) has announced it has approved a EUR 83 mln loan for the development of the ...   read more
Knight Frank to Oversee Industrial Park Implementation near Moscow
August 17, 2009, 12:22, (Property Xpress) - Knight Frank has been appointed sole agent to market an industrial park project in the Moscow region. The ...   read more
Mercator Acquires 6,700 sq. m Lot in Slovenia
August 17, 2009, 11:52, (Property Xpress) - Slovenia’s largest grocery retailer Mercator has acquired a company owning a 6,770 sq. m plot of land in the ...   read more
Hochtief to Develop Nizhny Novgorod Airport Concept
August 17, 2009, 11:39, (Property Xpress) - German Hochtief has been selected to develop the concept of Nizhny Novgorod International Airport. As ...   read more
EUR 27 mln Invested in Croatian Resort
August 17, 2009, 10:53, (Property Xpress) - Completion of a EUR 27.5 mln investment in Medjimurje County, Croatia has been announced by Adrijan Radikovic, ...   read more
Dedeman Opens Second Bucharest Store
August 17, 2009, 10:22, (Property Xpress) - Romanian building materials retailer Dedeman has opened its second store in Bucharest, in the Valea Cascadelor ...   read more
KS Trading to Develop SPAR Network in Ukraine
August 17, 2009, 10:07, (Property Xpress) - KS Trading, controlled by Sergey Kasyanov, who operated as a SPAR sub-franchisee for certain regions in ...   read more
Severstal to Build Warehouse Complex in Kolpino
August 17, 2009, 9:45, (Property Xpress) - Russia’s largest steel producer Severstal will carry out exploration work on a 74,000 sq. m lot, scheduled ...   read more
Utkina Zavod Completes Master Plan for 240 Ha
August 17, 2009, 9:00, (Property Xpress) - Russian Utkina Zavod has presented the master plan for development of 240 ha out of the total 410 ha site of ...   read more
Turkish TAV to Start Work in Macedonia in 15 Days
August 17, 2009, 8:58, (Property Xpress) - Macedonian Minister of Transport and Communications Mile Yanakieski has announced that the Turkish airport ...   read more
Fiat Submits Plan for EUR 240 mln Investment in Serbia
August 17, 2009, 7:59, (Property Xpress) - Italian automaker Fiat has submitted detailed initial business plans to Serbian Privatization Agency ...   read more
Four-star Business Hotel Opens in Tyumen
August 17, 2009, 7:58, (Property Xpress) - A four-star business hotel is scheduled to open in Tyumen in October, following a USD 18 mln investment. The ...   read more
Five-star Hotels Planned for Vladivostok
August 17, 2009, 7:15, (Property Xpress) - Russia’ federal budget has allocated USD 185 mln for construction of two five-star hotels in Vladivostok. ...   read more



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