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30,000 Sq. m Mall to Rise in Moscow
April 22, 2009, 7:55, (Property Xpress) - A new shopping and entertainment complex with a total area of 30,000 sq. m, called ‘Moskvorechie’, will be ...   read more
Developer to Launch 11 Retail Centers in Russia by 2011
April 22, 2009, 7:31, (Property Xpress) - A developer, active in Russia and the CIS, said it has scheduled to put 11 new retail centers of 12,000 to ...   read more
Merkur’s Minor Shareholder to Sell its Stake
April 22, 2009, 7:21, (Property Xpress) - Slovenian DIY, appliances and tool retailer Merkur will be quit by a 20-pct shareholder, who plans to sell ...   read more
Rezidor Expands Park Inn Portfolio
April 21, 2009, 15:22, (Property Xpress) - The Rezidor Hotel Group is further extending the Park Inn portfolio with the 250–room Park Inn Dnipro in ...   read more
Altex to Take EUR 11 mln Credits, Merges with Shareholder
April 21, 2009, 15:19, (Property Xpress) - At its shareholders meeting, the management of Cometex Suceava (COXE), the real estate division of Altex ...   read more
Luxury Boutique Kiton Debuts in St. Petersburg
April 21, 2009, 15:14, (Property Xpress) - Luxury Italian boutique brand Kiton, which was present only on the Moscow market so far in Russia, has now ...   read more
Retail Center Viva Starts Leasing Premises
April 21, 2009, 14:42, (Property Xpress) - The 32,000 sq. m retail center Viva, on the border of south and northern Butovo, has started leasing its ...   read more
Izhevsk Mall to Open in Q3 2009
April 21, 2009, 14:41, (Property Xpress) - The opening of the 45,000 sq. m Talisman shopping and entertainment center in Izhevsk has been postponed to ...   read more
East Point to Transform YRS Building into Hotel
April 21, 2009, 14:32, (Property Xpress) - East Point plans to invest EUR 15 mln to transform the Sofia office building of the Yugoslav River Shipping ...   read more
Greek Retail Chains Bet on Expansion in Bulgaria and Romania
April 21, 2009, 14:28, (Property Xpress) - The Bulgarian and Romanian markets still remain attractive to Greek retailers. Large chains such as Jumbo, ...   read more
EUR 290 mln Logistics Complex Planned for Lviv District
April 21, 2009, 14:03, (Property Xpress) - A Lviv-based company plans to invest more than EUR 290 mln in construction of a logistics center with ...   read more
Deutsche Bank to Take 86,000 Sq. m Retail Center over USD 100 mln Loan Default
April 21, 2009, 13:58, (Property Xpress) - Deutsche Bank plans to declare a default over a USD 100 mln loan, allocated to local developer Dekmos, ...   read more
Moscow Postpones Exhibition Complex Development to 2012
April 21, 2009, 13:37, (Property Xpress) - Moscow authorities have postponed the design and construction of a mixed-used scheme on the site of the ...   read more
TSUM-Voronezh Sold for USD 10 mln
April 21, 2009, 13:06, (Property Xpress) - The 8,000 sq. m central department store TSUM-Voronezh has been sold to three businessmen for USD 10 mln, a ...   read more
UDC Holding to Develop Five New Hotels in Ukraine
April 21, 2009, 13:04, (Property Xpress) - Kiev-based entity UDC Holding plans to invest around EUR two mln in developing five two star class hotels, ...   read more
Cottage Village to Pop Up near Kiev
April 21, 2009, 12:19, (Property Xpress) - Management of Makarov Invest Company has announced plans to build the New Land cottage village in Makarov, 28 ...   read more
DIY Chain Start in Talks for Acquisition of Metrika
April 21, 2009, 12:06, (Property Xpress) - St. Petersburg DIY-chain Start is in talks for acquisition of Stroiformat company, which operates the Metrika ...   read more
Lviv Announces Tender on Roofed Parking Facilities
April 21, 2009, 11:53, (Property Xpress) - Lviv City Council has announced an investment tender on construction of four underground parking facilities ...   read more
15,000 Sq. m OBI to Open in Omsk
April 21, 2009, 11:21, (Property Xpress) - A 15,000 sq. m building materials hypermarket OBI will open to the public on Thursday in Omsk, becoming the ...   read more
Marshall Estate Hires Hotel Operator for Project near Moscow
April 21, 2009, 10:51, (Property Xpress) - Marshall Estate has signed a long term contract for management of its Tsargrad resort and hotel project, 90 km ...   read more
Accor to Debut in Croatia in 2013
April 21, 2009, 10:50, (Property Xpress) - International hotel operator Accor will make its debut in Croatia in the beginning of 2013, when the newly ...   read more
Renault to Use EIB Loan for Testing Center in Romania
April 21, 2009, 9:47, (Property Xpress) - Romania has announced its plan to ask France's Renault to use the EIB loan taken with state guarantees only ...   read more
Analysis: Office Development in St. Petersburg Cut 40 Pct in 2009
April 21, 2009, 9:23, (Property Xpress) - Only 244,000 sq. m of new office properties will be launched in 2009 in St. Petersburg, down from the earlier ...   read more
Inditex Rents Space in Shopping Center in Romania
April 21, 2009, 9:21, (Property Xpress) - The Spanish Inditex Group, owner of the Zara brand, has rented a record large space of 5,000 sq. m in ...   read more
Investor Expands Moscow Project Eight Times to 98,000 Sq. m
April 21, 2009, 9:01, (Property Xpress) - A local investor who earlier planned to develop a 12,000 sq. m retail center on 3.65 ha at Moscow ring road, ...   read more

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