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13,194 Sq. m Office Building Planned for Rousse, Bulgaria
April 29, 2009, 14:28, (Property Xpress) - Construction of a new public servicing building with offices, stores and underground parking is expected to ...   read more
Prosperity Rassvet Buys Minority Stake in Bolshoy Gostiny Dvor
April 29, 2009, 14:25, (Property Xpress) - Prosperity Rassvet Ltd, managed by Prosperity Capital Management, has acquired an 8.8 pct stake in OAO Bolshoy ...   read more
Moore Capital Eyes Commercial Real Estate in Russia
April 29, 2009, 14:07, (Property Xpress) - The hedge fund Moore Capital Management has said it bought a 5.67 stake in UK-registered Raven Russia, an ...   read more
Dominique Perrault Wins Governmental Contract in Sofia
April 29, 2009, 13:58, (Property Xpress) - French architect Dominique Perrault has won the competition for new governmental complex, expected to be ...   read more
St. Petersburg to Sell 70 Ha for Residential Development
April 29, 2009, 13:24, (Property Xpress) - The City Council of St. Petersburg has decided to sell a 70.5-ha lot in the resort region of the city, set for ...   read more
Record Prices for Land Lots in Belgrade
April 29, 2009, 13:11, (Property Xpress) - Marina Dorcol, Autokomanda, Delta City and Novi Belgrad-based blocks 58, 19a and 11a are the most luxurious ...   read more
French Retailer Kicks Off New Project in Russia
April 29, 2009, 12:51, (Property Xpress) - A French retailer plans to launch a new hypermarket chain for garden plants and equipment in Russia, external ...   read more
Bourgas Replaces Land for Sport Complex Development
April 29, 2009, 12:00, (Property Xpress) - According to data, provided by the local administration, a new sports complex is under construction in ...   read more
Update: UK Fund to Attract USD 500 mln For Residential Projects
April 29, 2009, 11:59, (Property Xpress) - A UK-based investment house plans to create a mutual fund worth USD 500 mln for residential investment ...   read more
43,000 Sq. m Moscow Scheme Gets Nod to Forward
April 29, 2009, 10:40, (Property Xpress) - Moscow mayor, Yury Luzhkov, has signed the order for the future implementation of a mixed-use scheme at the ...   read more
Strabag Stops Construction of Asmita Gardes in Bucharest
April 29, 2009, 10:16, (Property Xpress) - Austrian construction concern Strabag will halt construction work on the Asmita Gardens residential project in ...   read more
St. Petersburg Sea Passenger Terminal to Run in 2010
April 29, 2009, 9:22, (Property Xpress) - The sea passenger terminal of St. Petersburg will be fully complete by 2010, general manager of management ...   read more
Triumph Mall Opening Postponed to Q1 2010
April 29, 2009, 9:04, (Property Xpress) - Shopping and entertainment complex Triumph Mall in Saratov will open in the first quarter of 2010 at the ...   read more
Benetton Opens First Mega Store in Belgrade
April 29, 2009, 8:54, (Property Xpress) - Italian retail chain Benetton, one of the biggest networks in the Balkans, has opened its first mega-store in ...   read more
Magnit Reports 35.8 Pct Y/Y Revenue Growth in Q1
April 29, 2009, 8:52, (Property Xpress) - Russian retailer Magnit said its net revenue increased by 35.8 pct for the year to USD 1.151 bln in the first ...   read more
German Developer Eyes Takeover Targets in Romania
April 29, 2009, 8:00, (Property Xpress) - A German developer is considering acquiring three big former industrial platforms, located in sectors two and ...   read more
Alfa Bank Becomes Owner of Mortgaged Business Center
April 29, 2009, 7:58, (Property Xpress) - Russian Alfa Bank will become the owner of a mortgaged business center of 38,000 sq. m called Severnoe Siyanie ...   read more
CEE Developer to Start Mixed-use Complex in Kiev District
April 29, 2009, 7:33, (Property Xpress) - A developer, active in Central and Eastern Europe, plans to carry out a large-scale mixed-use scheme in the ...   read more
Austrian Investor Quits 55,000 sq. m Scheme in Russia
April 29, 2009, 7:31, (Property Xpress) - An Austrian investment company, which earlier pledged to invest about EUR one bln in Russia, will quit the ...   read more
Metro Group Opens New Cash & Carry Store in Ukraine
April 28, 2009, 14:59, (Property Xpress) - Kiev-based Metro Cash & Carry Ukraine, part of Metro Group, has opened its 25th hypermarket in the country at ...   read more
Decathlon to Open First Store in Southern Russia
April 28, 2009, 14:33, (Property Xpress) - Decathlon, part of French Oxylane Group, plans to open its first store in Russia‚Äôs southern federal region ...   read more
Sonae Sierra Suffers Losses in Romania
April 28, 2009, 14:19, (Property Xpress) - Portugal-based mall developer Sonae Sierra lost over EUR 50 mln last year because of re-evaluation of plots ...   read more
Carrefour to Sell Property Unit
April 28, 2009, 13:50, (Property Xpress) - The property arm of French retailer Carrefour is in talks to bring in institutional investors, La Tribune ...   read more
Carrefour to Sell Property Unit
April 28, 2009, 13:50, (Property Xpress) - The property arm of French retailer Carrefour is in talks to bring in institutional investors, La Tribune ...   read more
Ukrainian Retailers Report Mixed Q1 Results
April 28, 2009, 13:25, (Property Xpress) - Donetsk-based retailer Amstor closed the first quarter of 2009 with a EUR 2.6 mln net profit, compared to EUR ...   read more

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