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Heliopark Relinquishes Assets
September 12, 2008, 11:44, (Property Xpress) - Hotel network Heliopark Group will sell off part of its assets due to the expected deal with IFC, which plans ...   read more
EBRD Considers Investing in Hotel Network in Russia
September 12, 2008, 10:48, (Property Xpress) - European Bank for Reconstruction and Development (EBRD) is considering financing part of the hotel network ...   read more
Montblanc Importer to Romania Opens EUR 5.0 mln Store
September 12, 2008, 10:33, (Property Xpress) - Conmart Trading, the exclusive importer of Montblanc accessories in Romania, plans to invest EUR five mln by ...   read more
PIK Completes Financing of 127 ha Site
September 12, 2008, 9:19, (Property Xpress) - Russian residential real estate developer PIK today announced it has completed financing of a 100 pct interest ...   read more
Euromall Galati to Open in Spring 2009
September 12, 2008, 9:11, (Property Xpress) - Euromall Galati, currently under development, has been pre-let at 85 pct about one year after construction ...   read more
Russian Retailer Plans to Invest USD 400 mln Annually in Development Projects
September 12, 2008, 8:53, (Property Xpress) - A Russian retailer chain plans to invest overt USD 400 mln in development of retail centers under the brand ...   read more
Westhill Buys 6.0 ha for USD 100 mln Project in Romanian Ploiesti
September 12, 2008, 8:49, (Property Xpress) - Real estate developer Westhill has acquired a six ha plot in Ploiesti to develop a EUR 100 mln project in ...   read more
Budinvest SM to Develop USD 31.5 mln Projects in Poltava
September 12, 2008, 8:05, (Property Xpress) - Ukrainian Budinvest SM will develop two projects, worth USD 31.5 mln in Poltava. Concepts for the two projects ...   read more
Olympic Casino Ukraine Opens 23-rd Unit in Kiev
September 12, 2008, 7:46, (Property Xpress) - OOO Olympic Casino Ukraine, part of the Estonian Olympic Entertainment Group (OEG), has opened its 23rd unit ...   read more
A-Retro Wins a Tender for Building in St. Petersburg
September 12, 2008, 7:03, (Property Xpress) - Russian company A-Retro has won the tender for a 426 sq. m building with adjacent 1,548 sq. m in the ...   read more
Bucharest Best Western Parc Hotel to be Integrated in Ramada Chain
September 12, 2008, 6:53, (Property Xpress) - Bucharest Best Western Parc Hotel, will be rebranded and integrated in the Ramada chain. A EUR 10 mln ...   read more
Signed Contract for Office of Sochi 2014 Organization Committee
September 12, 2008, 6:32, (Property Xpress) - The contract to develop an office building for the non-commercial Organization Committee Sochi 2014 was ...   read more
Sistema Hals to Open Five Malls in Russia by 2013
September 11, 2008, 15:52, (Property Xpress) - Russian real estate company Sistema Hals says it plans to develop five shopping and entertainment centers in ...   read more
MLP to Develop Logistics Project in Kiev Region
September 11, 2008, 15:49, (Property Xpress) - Russian MLP (Multinational Logistics Partnership), specializing in development and management of A class ...   read more
Rodex Starts Building on Cottage Village Project near Perm
September 11, 2008, 14:57, (Property Xpress) - Rodex-Yukon, part of Rodex Group holding, has started implementation of its Stroganovsky Posad cottage village ...   read more
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

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