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U.S. Private Equity Firm Raises EUR 3.1 bln For European Fund
April 16, 2009, 9:03, (Property Xpress) - A New York-based private equity firm has raised EUR 3.1 bln for its third European real estate investment ...   read more
Gindi Enters Romanian Real Estate Segment by Residential Project
April 16, 2009, 8:52, (Property Xpress) - Gindi Rom Company, part of Israeli Gindi Group officially announced joining the real estate market in Romania ...   read more
Arena Mall in Voronezh Signs with Anchors
April 16, 2009, 8:46, (Property Xpress) - Arena shopping and entertainment center in the city of Voronezh has already signed with anchor tenants – ...   read more
Euroset to Spend USD 25 mln for Luxury Store Openings
April 16, 2009, 8:22, (Property Xpress) - Russia’s largest mobile retailer Euroset will launch a new luxury multi-brand store chain of 15 units by the ...   read more
Hotel and Office Project Gets Approval in Kiev
April 16, 2009, 8:04, (Property Xpress) - Kiev authorities allowed Viala Company to undertake reconstruction of non-residential blocks on 6 Alla ...   read more
June Mall Signs with Anchor in St. Petersburg
April 16, 2009, 7:07, (Property Xpress) - Russian group of companies Regions, developing a shopping and entertainment complex chain under the June ...   read more
EUR 6.2 mln Shopping Center on Tender in Montenegro
April 16, 2009, 7:06, (Property Xpress) - A local bank today signed an announcement to sell a shopping center at an initial price of around EUR 6.2 mln. ...   read more
Forecast: Decline Expected on Bulgarian Construction Market
April 15, 2009, 14:35, (Property Xpress) - The booming Bulgarian construction market in the last few years, lost velocity in the second half of 2008, and ...   read more
Redevelopment of Lobanov-Rostovsky Palace in St. Petersburg Nearly Completed
April 15, 2009, 13:59, (Property Xpress) - The exterior trim of the Prince Lobanov-Rostovsky palace is nearly complete, head of developer Tristar ...   read more
Smolensk to Decide on Globus Hypermarket Project Restart
April 15, 2009, 13:42, (Property Xpress) - Eduard Kachanovsky, mayor of Smolensk, said he will discuss the possible restart of the Globus hypermarket ...   read more
Bricostore Signs Lease for 9,370 sq. m in Armonia Center, Romania
April 15, 2009, 13:11, (Property Xpress) - Bricostore Group has signed a lease agreement for a DIY store with a total area of 9,370 sq. m in the Armonia ...   read more
French Retailers Expand Further in Russia
April 15, 2009, 12:33, (Property Xpress) - Two French retail chains, active on the Russian market, plan to open new units in the country. Carrefour had ...   read more
Luxury Hotel Sector Sees Boom in Cluj, Romania
April 15, 2009, 12:20, (Property Xpress) - Four more five star hotels are expected to be developed in Cluj, Romania over the next few years, local ...   read more
IFC Lends USD 12 mln to Savservice Center
April 15, 2009, 11:42, (Property Xpress) - International Finance Corporation (IFC) will lend USD 12 mln to Ukrainian company LLC Savservice Center, part ...   read more
U.S. Retailer GAP Arrives in Romania
April 15, 2009, 11:01, (Property Xpress) - The USA-registered garment retailer GAP is ready to open its first Romanian store in the Baneasa Shopping City ...   read more
CEE Furniture Chain Enters Russia in April
April 15, 2009, 10:49, (Property Xpress) - One of the biggest players on the Central and Eastern European furniture market will open its first ...   read more
Asnova Holding Takes Control of Kievmetallprom in Ukraine
April 15, 2009, 10:42, (Property Xpress) - The Antimonopoly Committee of Ukraine (AMCU) has allowed Kiev-based Asnova Holding to acquire an over 50 pct ...   read more
St. Petersburg Faces DIY Chains Merger
April 15, 2009, 10:42, (Property Xpress) - The do-it-yourself (DIY) market of St. Petersburg will have a new player with over 40 stores, following the ...   read more
12 Vie for Getro Takeover in Croatia
April 15, 2009, 9:40, (Property Xpress) - Twelve potential buyers, including Konzum, Kaufland, Mercator and Metro, as well as eight investment funds, ...   read more
Court Confirms Glavstroy as Open Market Redeveloper
April 15, 2009, 9:28, (Property Xpress) - The arbitration court of St. Petersburg confirmed Glavstroy, part of Basic Element holding, as winner of the ...   read more
Metro Opens New Store in Kiev
April 15, 2009, 8:56, (Property Xpress) - Metro Cash and Carry Ukraine has opened a retail complex at 2A, Saburov Street in Kiev. The new store, the ...   read more
Tehnosila to Open up to 20 Stores in 2009
April 15, 2009, 8:56, (Property Xpress) - Russian electronics and home appliances hypermarket chain, Tehnosila, plans to open up to 20 new stores this ...   read more
Logistics Scheme Planned for Sofia Suburb
April 15, 2009, 7:55, (Property Xpress) - A new logistics complex project is expected to be carried out by a Spanish developer on a 10 ha plot near ...   read more
Finnish Concern Injects USD 175 mln to St. Petersburg Arms
April 15, 2009, 7:52, (Property Xpress) - A Finnish concern has decided to raise the capital of its St. Petersburg based subsidiaries by injecting about ...   read more
Mayak-LenSpecStroy Shifts to Low-rise Residential Development
April 15, 2009, 7:16, (Property Xpress) - Russian group of companies Mayak-LenSpecStroy, active mainly in high-rise city development, will switch to ...   read more

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