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Copper Beech Capital Enters into Insolvency Proceedings
October 26, 2009, 15:45, (Property Xpress) - Copper Beech Capital, established to develop Blue Tower residential project in the Bucharest Colentina area, ...   read more
BauMax Postpones Romanian Store Openings to 2010
October 26, 2009, 11:37, (Property Xpress) - Austria’s BauMax, which last year doubled its Romanian turnover to EUR 130 mln due to expansion, is the only ...   read more
Renlund St. Petersburg Considers Five Supermarket Openings in 2010
October 26, 2009, 11:18, (Property Xpress) - Renlund St. Petersburg company is looking for commercial premises in St. Petersburg to place its premium ...   read more
Bank Saint Petersburg Sells Three Sites
October 26, 2009, 10:28, (Property Xpress) - Bank Saint Petersburg sold three sites near St. Petersburg at the first public auction of mortgaged property ...   read more
Construction Starts on 150,000 sq. m Shopping Scheme in Croatia
October 26, 2009, 9:54, (Property Xpress) - Construction work has begun on a shopping and entertainment center in Split, Croatia. After the successful ...   read more
EUR 1.1 bln Tourism Project Agreed in Montenegro
October 26, 2009, 9:36, (Property Xpress) - The Montenegrin government has signed a contract to sell 90 pct of the shares in Lustica Development project ...   read more
Ukrainian Developer Restructures Debt
October 26, 2009, 8:52, (Property Xpress) - A leading Ukrainian real estate investment and development group said it has agreed on new terms for its ...   read more
Moscow Business Center Sold for USD 90 mln
October 26, 2009, 8:38, (Property Xpress) - A1, the real estate investment arm of Alfa Group has made its first deal with a collateral property, by ...   read more
Global Finance Freezes Project in Romania
October 26, 2009, 8:11, (Property Xpress) - Global Finance has suspended launching one of the company’s largest investment projects in Romania, the ...   read more
EUR 384 mln to Finance Serbian Infrastructure Project
October 23, 2009, 13:51, (Property Xpress) - A EUR 384 mln loan has been agreed to today to finance construction of a new 75 km section of motorway on ...   read more
Moscow City to Privatize a Series of Hotels
October 23, 2009, 13:36, (Property Xpress) - Moscow city authorities intend to privatize property complexes of Hotel National and Budapest Hotel in the ...   read more
Guta Places Office Space on the Moscow Rental Market
October 23, 2009, 12:54, (Property Xpress) - Russia’s Guta group of companies has decided to place some of the premises of the Moscow confectionary ...   read more
Rezidor Plans Market Penetration Program in Ukraine
October 23, 2009, 12:38, (Property Xpress) - Brussels-headquartered Rezidor Hotel Group intends to open the second stage of its Ukrainian Radisson Resort ...   read more
HCMG to Launch Two Shopping Malls in 2009
October 23, 2009, 11:56, (Property Xpress) - Hermitage Construction & Management Group is continuing its construction program of a shopping and ...   read more
Construction Start on 300,000 Sq. m Scheme in Yekaterinburg Put off to 2010
October 23, 2009, 11:43, (Property Xpress) - A Yekaterinburg development company has announced it plans to start construction work on an office project in ...   read more
NBK Resumes Work on Two Residential Estates in Kiev
October 23, 2009, 11:31, (Property Xpress) - Kiev-based NBK company has resumed construction work on Troyeshchyna residential complex in the Ukrainian ...   read more
Hotel Project Approved in Biryuzovaya Katun SEZ
October 23, 2009, 11:09, (Property Xpress) - A modern hotel complex will be built on the site of Biryuzovaya Katun (Turquoise Katun) tourist-recreational ...   read more
Croatia’s Pevec Group Pressed by Creditors
October 23, 2009, 10:51, (Property Xpress) - Raiffeisen and Hypo Alpe Adria Bank, creditors of the Croatian Pevec Group, have agreed to initiate bankruptcy ...   read more
Delta Maxi Bets on Discounters and Regional Expansion
October 23, 2009, 10:07, (Property Xpress) - Serbian Delta Maxi Group will open three more Tempo Express stores by the end of the year, in Nis, Kragujevac ...   read more
Raiffeisen Evolution to Cut a Third of St. Petersburg Project
October 23, 2009, 9:32, (Property Xpress) - Development company Raiffeisen Evolution, a subsidiary of Raiffeisen Bank and Strabag, has been forced to ...   read more
Plaza Centers Puts on Hold Romanian Investments
October 23, 2009, 9:10, (Property Xpress) - Real estate development company Plaza Centers, controlled by Israeli businessman Mordechay Zisser, owner of ...   read more
LenSpecSMU Plans RUB 2.0 bln Bond Issue
October 23, 2009, 8:50, (Property Xpress) - Construction holding LenSpecSMU plans to place bonds worth RUB 2.0 bln with a three-year term of circulation ...   read more
Kesko Interested in Buying Carrefour’s Russian Assets
October 23, 2009, 7:45, (Property Xpress) - Finnish retail chain Kesko is interested in acquiring Carrefour’s Russian assets, announced Chief ...   read more
Dedeman Develops Two Romanian Stores
October 23, 2009, 7:31, (Property Xpress) - Romanian DIY retailer Dedeman has started construction work on two new stores, in Craiova and Brasov, with ...   read more
Investment Group in Search of Distressed Assets in the SEE Region
October 22, 2009, 15:30, (Property Xpress) - An international real estate development and investment group traded on the London Stock Exchange and active ...   read more



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