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HCM Group to Invest USD 30 mln in Kiev Hotel
September 11, 2008, 14:53, (Property Xpress) - Development group of companies HCM plans to invest USD 30 mln in a three star hotel in Kiev. Construction work ...   read more
Belaya Dacha to Open Four Hypermarkets in 2009
September 11, 2008, 14:15, (Property Xpress) - Russian company Belaya Dacha plans to open four hypermarkets under Belaya Dacha Garden Center brand, company ...   read more
Russian Railways to Spend USD 1.2 bln for Stations Upgrade
September 11, 2008, 13:39, (Property Xpress) - Russian Railways will invest USD 1.2 bln by 2015 in the upgrade of its stations, head of stations department ...   read more
Ivano-Frankovsk to Auction 211 Land Lots by 2009
September 11, 2008, 13:13, (Property Xpress) - Ivano-Frankovsk local authorities have identified 211 land lots with a total area of 2,165 ha, to be auctioned ...   read more
Park Inn Hotel Opens in Izhevsk
September 11, 2008, 12:32, (Property Xpress) - In mid-September, Russian company Izhevsk Hotel will launch its hotel complex, under the Park Inn brand at the ...   read more
Agrokor’s Subsidiary Borrows EUR 70 mln Loan
September 11, 2008, 12:30, (Property Xpress) - EUR 120 mln will be spent on retail network extension in the Serbian market, to be carried out by the local ...   read more
Grand Land to Develop USD 300 mln Mixed-use Complex in St. Petersburg
September 11, 2008, 12:19, (Property Xpress) - Moscow-based group of companies, Grand Land, will develop a multi-purpose complex on Vasilyevsky Island in St. ...   read more
IMMOEAST to Sell EUR 800 mln Assets by Year End
September 11, 2008, 12:03, (Property Xpress) - Austrian property investor IMMOEAST plans to sell up to EUR 800 mln assets this year and would prefer to ...   read more
Russian Basilica to Develop Office Center in Central Moscow
September 11, 2008, 11:25, (Property Xpress) - Russian company Basilica, controlled by Israeli Elran Group, has signed an agreement with an unnamed European ...   read more
Israeli Bulgarian JV to Invest EUR 250 mln in Vacation Village in Bulgaria
September 11, 2008, 11:21, (Property Xpress) - Israeli Tidhar Bulgaria and Asim Real Estate together with Bulgaria Investment Group plan to invest a total of ...   read more
Sberbank Opens USD 25 mln Credit Line for Residential Complex in Izhevsk
September 11, 2008, 10:29, (Property Xpress) - Russia’s savings bank Sberbank has opened a USD 25 mln credit line for development of a residential complex ...   read more
Immorent to Develop Retail Park near Bucharest
September 11, 2008, 10:20, (Property Xpress) - Immorent Romania, a division of real estate leasing group Immorent, part of Austrian Erste Bank, is to acquire ...   read more
UMACO Receives Approval for Hotel Building in Omsk
September 11, 2008, 9:51, (Property Xpress) - Universal Management and Consulting Company (UMACO) for construction of 11,000 sq. m hotel in Omsk. The EUR ...   read more
Hypo Alpe Adria Leasing to Open A-Class Office Building in Macedonia
September 11, 2008, 9:46, (Property Xpress) - Hypo Alpe Adria Leasing has started developing an A class office building in Skopje, Macedonia, following a ...   read more
Foreign Hotel Operator to Develop Chain in Russia
September 11, 2008, 9:19, (Property Xpress) - A foreign hotel operator plans to develop its own network of hotels in Russia, worth USD 150 mln. Italian ...   read more
Technomarket Acquires Europatrade, Croatia
September 11, 2008, 9:07, (Property Xpress) - Bulgarian company K & K Electronics, owner of Technomarket retail chain has acquired Croatian Europatrade in a ...   read more
Itera Relinquishes USD 250 mln Sport Resort, Prepares for IPO
September 11, 2008, 8:12, (Property Xpress) - Natural gas company Itera has sold its sports resort Sorochany in a move aimed at reducing the non-core ...   read more
Aktiv Properties REIT Acquires Six Lots near Plovdiv Airport, Bulgaria
September 11, 2008, 8:12, (Property Xpress) - In a statement, Aktiv Properties real estate investment trust (REIT) states it has acquired six land lots in ...   read more
Serbian Delta Maxi Opens First Store in Ukraine
September 11, 2008, 7:10, (Property Xpress) - Serbian food retailer Delta Maxi Group has opened its first MAXI supermarket in Ukraine. The 687 sq. m store ...   read more
Strabag to Develop Business Class Residential District in Moscow
September 11, 2008, 7:07, (Property Xpress) - Strabag will develop a business class residential district in Moscow called ‘Sky Fort’ to be built on a ...   read more
Austrian Developer to Pour EUR 450 mln in Hotels in Russia, Ukraine
September 10, 2008, 15:16, (Property Xpress) - An Austrian real estate developer plans to enter the Russian and Ukrainian hotel markets and invest EUR 450 ...   read more
Kiev City Sells 1.3 ha Site in Pechersk for USD 11 mln
September 10, 2008, 15:09, (Property Xpress) - At the session of August 28, Kiev City Council sold a 1.36 ha plot of land on 8 Moskovskaya Street in Pechersk ...   read more
KIT Capital to Develop Mall in Saratov
September 10, 2008, 14:41, (Property Xpress) - Russian construction company KIT Capital will develop a shopping and entertainment center in Saratov, the ...   read more
Austrian Developer to Pour EUR 450 mln in Hotels in Russia, Ukraine
September 10, 2008, 14:16, (Property Xpress) - An Austrian real estate developer plans to enter the Russian and Ukrainian hotel markets and invest EUR 450 ...   read more
Finstar Properties Acquires EcoInterra
September 10, 2008, 14:14, (Property Xpress) - Finstar Properties has acquired 100 pct stake in Russian construction company EcoInterra for an undisclosed ...   read more



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