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USD 50 mln Hotel Planned for St. Petersburg
May 14, 2009, 12:18, (Property Xpress) - A local company is willing to invest USD 50 mln in a new hotel to replace a power station near Mihailovsky ...   read more
Former Thailand Premier Eyes Sveti Nikola Island in Montenegro
May 14, 2009, 11:57, (Property Xpress) - Thaksin Shinawatra, the former Prime Minister of Thailand, is eyeing acquisition of the biggest part of Sveti ...   read more
Minority Owner of Takeover Target Says Carrefour Deal Unlikely
May 14, 2009, 11:42, (Property Xpress) - The founder and a minority stake owner of the Russian retailer Seventh Continent, pursued by French Carrefour, ...   read more
Juice Bar Operator Mulls Romanian Expansion
May 14, 2009, 11:16, (Property Xpress) - A juice bar chain operator plans a massive expansion to the Romanian market in the next five years, as well as ...   read more
Royal Park Welcomes New Anchor in Novosibirsk
May 14, 2009, 10:59, (Property Xpress) - Novosibirsk-based shopping and entertainment complex Royal-Park will face replacement of an anchor tenant. ...   read more
Croatian Largest Shopping Center to Open in October
May 14, 2009, 10:57, (Property Xpress) - The largest shopping and entertainment center in Croatia, West Gate, will open at the end of October following ...   read more
Golden Babylon Changes Cinema Chain in Rostov-on-Don
May 14, 2009, 10:25, (Property Xpress) - Rostov-on-Don-based shopping and entertainment center Golden Babylon will have a new cinema chain as anchor ...   read more
Regus Opens Third Serviced Office Facility in Romania
May 14, 2009, 10:18, (Property Xpress) - Regus Group, a US-based leading provider of workplace solutions, has invested USD 1.5 mln in opening its third ...   read more
Russian Post to Invest USD 460 mln in Sorting Centers
May 14, 2009, 10:02, (Property Xpress) - Russian postal services operator Russian Post plans to invest USD 460 mln in development of 40 automated ...   read more
Ru Development Quits EUR 300 Mln Projects in Krasnodar
May 14, 2009, 9:28, (Property Xpress) - Russian company Ru Development, owned by Oleg Deripaska’s Rainco, has decided to quit over EUR 300 mln worth ...   read more
Mirax to Develop Disco Club instead of Aqua Park in Montenegro
May 14, 2009, 9:04, (Property Xpress) - The biggest aqua park project in the Balkans, initially planned for Toplic Hill near Budva, Montenegro has ...   read more
International Retailer to Anchor EUR 70 mln Shopping Mall in Romania
May 14, 2009, 8:45, (Property Xpress) - An international retailer has announced its plan to anchor a new shopping mall in Romania. The mayor ...   read more
USD 350 mln Scheme Put on Hold in Perm
May 14, 2009, 7:42, (Property Xpress) - One of the biggest development projects in Perm, requiring an investment of USD 300 to 350 has been postponed ...   read more
Foreign Developer Postpones Romanian Projects
May 14, 2009, 7:36, (Property Xpress) - A foreign developer, active in shopping and entertainment complexes development has announced that it will ...   read more
Russian JV Set up For USD 400 Residential Development
May 14, 2009, 7:22, (Property Xpress) - Two Russian companies have created a joint venture to carry out a USD 400 mln residential district project in ...   read more
Four Cottage Villages Put for Sale Around Moscow
May 13, 2009, 14:47, (Property Xpress) - Management company Finance and Realty has presented four new cottage villages in the Moscow region on the ...   read more
St. Petersburg OK’s New Residential District
May 13, 2009, 14:34, (Property Xpress) - The government of St. Petersburg has approved the survey and development works of the A10 quarter in the ...   read more
USD 200 mln Mall Project Put on Hold in Yekaterinburg
May 13, 2009, 13:56, (Property Xpress) - Management company Mall Management has frozen development of their second shopping and entertainment complex ...   read more
Foreign Investor to Develop Large-Scale Project in Bulgaria
May 13, 2009, 13:28, (Property Xpress) - A CEE property developer said it plans to develop a large-scale complex in Bulgaria and is looking for a ...   read more
Barlinek Halts Russian Factory Project
May 13, 2009, 13:19, (Property Xpress) - Natural wooden floors producer Barlinek, has postponed plans to build a plywood factory in Russia, but is ...   read more
Tender for Trade Fair Extended in Belgrade, Serbia
May 13, 2009, 12:36, (Property Xpress) - Serbian Privatization Agency has announced that the tender for selling the controlling package of the capital ...   read more
Sberbank Allocates USD 12.5 mln for Residential Development
May 13, 2009, 12:28, (Property Xpress) - Russian state-controlled Sberbank will allocate USD 12.5 mln for construction of the residential compound of ...   read more
Commerzbank Relocates Romanian Headquarters
May 13, 2009, 11:58, (Property Xpress) - German Commerzbank has relocated its headquarters in Romania, from the Piata Unirii zone near Victory Square ...   read more
PIK Swings to USD 1.13 bln Net Loss in 2008
May 13, 2009, 11:42, (Property Xpress) - Russian residential property developer OAO PIK Group turned in a USD 1.13 bln net loss in 2008, compared with ...   read more
EUR 200 mln Bucharest Shopping Scheme to Open in October
May 13, 2009, 11:32, (Property Xpress) - A EUR 200 mln commercial complex in the northern part of Bucharest will open in October, representatives of ...   read more

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