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Miel Freezes New Cottage Projects to April
February 11, 2009, 13:11, (Property Xpress) - Russian holding company Miel, has decided to put off the start of new cottage village projects to March or ...   read more
Continental Group to Spend USD 30 mln in 2009
February 11, 2009, 12:44, (Property Xpress) - Hotelier group Continental, controlled by businessman Radu Enache, has a EUR 30 mln budget for 2009 for ...   read more
St. Petersburg Sells Cinema, Cultural Center
February 11, 2009, 12:41, (Property Xpress) - The state property fund (SPF) of St. Petersburg will sell the Maksim cinema building and Tsyurupy cultural ...   read more
Costa Coffee Arrives in Zagreb, Croatia
February 11, 2009, 11:59, (Property Xpress) - After opening its first café in Split, Croatia, in September, last year, Costa Coffee has also entered ...   read more
ALPI Covers Debts to Ursa Bank with Retail Properties
February 11, 2009, 11:59, (Property Xpress) - Krasnoyarsk-registered company ALPI, has transferred four retail properties with a total area of 60,000 sq. m ...   read more
Tower Buildings Planned for Bucharest, Romania
February 11, 2009, 11:04, (Property Xpress) - Skyscrapers of 53 to 155 meters are projected for Bucharest and subject to approval by the City Council. The ...   read more
EBRD to Provide USD 40 mln for Logistics Complex in Novosibirsk
February 11, 2009, 10:52, (Property Xpress) - The European Bank for Reconstruction and Development (EBRD) is considering allocation of a senior loan and ...   read more
Lidl Opens New Store in Sibiu, Romania
February 11, 2009, 10:10, (Property Xpress) - German retailer Lidl intends to open a new supermarket in Selimbar, near Sibiu, Romania, on a 0.5-ha plot. The ...   read more
VTB Group Increases Credit Line to X5 to USD 251 mln
February 11, 2009, 10:08, (Property Xpress) - X5 Retail Group N.V., Russia's largest retailer in terms of sales, announced today that VTB Group has ...   read more
State-owned Firm to Build Industrial Zones in Bulgaria
February 11, 2009, 9:33, (Property Xpress) - A state-owned firm to be engaged in Bulgarian industrial zone construction and management has been founded by ...   read more
USD 75 mln Office Center Planned for St. Petersburg
February 11, 2009, 9:33, (Property Xpress) - A 30,000 sq. m A class office complex will be developed near Nevsky Prospect in St. Petersburg, following an ...   read more
ZARA, Breshka to Open Units in Sibirsky Mall
February 11, 2009, 8:46, (Property Xpress) - Fashion brands ZARA and Breshka will open their second units in Russia in Sibirsky Mall shopping and ...   read more
Metro Open New Stores in Ukraine
February 11, 2009, 8:05, (Property Xpress) - Kiev-based Metro Cash and Carry Ukraine intends to open one store in Kharkov and Kiev in 2009, Petro Kaban, ...   read more
Pharmaceutical Distributor Protek Acquires 6,000 Sq. m Storage
February 11, 2009, 8:02, (Property Xpress) - Russian pharmaceutical distributor Protek has acquired a 100-pct stake in ASB-Center, the main asset of which ...   read more
Update: Winner Named on Airport Upgrade Tender in Odessa
February 10, 2009, 15:48, (Property Xpress) - Odessa said the winner in the tender to select a partner for reconstruction and modernization of Odessa ...   read more
Update: Magna to Put into Operation St. Petersburg Facilities by 2011
February 10, 2009, 15:48, (Property Xpress) - Automotive spare parts supplier Magna will lay the foundation stone of its production facilities in the ...   read more
Romanian Stil Hotel Put for Sale
February 10, 2009, 15:30, (Property Xpress) - Businessman Alin Burcea, owner of Romania’s biggest travel agency Paralela 45, has his Bucharest-based four ...   read more
Moscow Developer Sells 38,000 Sq. m Mall Project
February 10, 2009, 15:28, (Property Xpress) - A Moscow-based developer has placed a 38,000 sq. m shopping and entertainment project for sale in Lipetsk, as ...   read more
DTZ Leases Space in Logistics Park in Ukraine
February 10, 2009, 15:08, (Property Xpress) - Kiev-based consultant company DTZ has leased 1,880 sq. m to a German logistics operator in the Universal ...   read more
Baltic Perl to Launch 180,000 Sq. m Residential Space in 2009
February 10, 2009, 14:29, (Property Xpress) - Russian company ZAO Baltic Perl, can launch about 180,000 sq. m of residential space by the end of the year in ...   read more
Romanian Euro Tower 80 Pct Pre-let
February 10, 2009, 14:15, (Property Xpress) - The EUR 60 mln Euro Tower has already leased about 80 pct its GLA to multinational companies, with the ...   read more
St. Petersburg Extends Deadline for Hotel Alrosa
February 10, 2009, 13:55, (Property Xpress) - The government of St. Petersburg has extended the deadline for completion of Hotel Alrosa, owned by Alrosa ...   read more
IKEA to Build First Shopping Center in Ukraine
February 10, 2009, 13:51, (Property Xpress) - Swedish IKEA plans to start development of its first shopping center in Ukraine in the autumn, this year. The ...   read more
St. Petersburg Considers Sale of 49 Pct in Ohta Center Project
February 10, 2009, 12:53, (Property Xpress) - St. Petersburg is considering putting a 49-pct stake in the Ohta Center business complex in an open tender, ...   read more
ECPC Announces Mall Revaluation in Bulgaria
February 10, 2009, 12:34, (Property Xpress) - The Board of European Convergence Property Company Plc (ECPC) has announced the results of an independent ...   read more



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