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Penta Investments to Invest EUR 300 mln After Acquisition
September 17, 2008, 7:21, (Property Xpress) - Czechoslovakian fund Penta Investments has acquired the Perm-based retail chain ‘Family’, owned by holding ...   read more
VTB Bank Opens Credit Line for Karavan
September 16, 2008, 15:37, (Property Xpress) - Kiev-based VTB Bank has opened a USD 140 mln credit line for the Karavan Group in Ukraine. The credit ...   read more
Danya Cebus Wins USD 250 mln Contract in Moscow
September 16, 2008, 15:33, (Property Xpress) - Construction company Danya Cebus, a subsidiary of Africa-Israel Investments, has won a USD 250 mln contract in ...   read more
MDK Group to Develop USD 100 mln Cottage Village near Moscow
September 16, 2008, 15:02, (Property Xpress) - Holding company MDK Group plans to develop a cottage village along Yaroslavskoe Highway, 28 km from Moscow’s ...   read more
Apple Diverta to Open Five Stores in Romania
September 16, 2008, 13:41, (Property Xpress) - Divizia Diverta, part of RTC Group, authorized distributor of Apple in Romania, has allocated EUR 100,000 to ...   read more
Residential Developer Turns to High Class Offices
September 16, 2008, 13:27, (Property Xpress) - Russian residential real estate developer Rikel has announced plans to develop two high class office centers ...   read more
19 Plots Put on Sale in Podi, Croatia
September 16, 2008, 12:13, (Property Xpress) - On the third land auction in the Economic Zone of Podi, Croaria, 19 companies have met the bidding conditions. ...   read more
Alpha Grissin to Build Logistics Center in Vrazhdebna, Bulgaria
September 16, 2008, 11:31, (Property Xpress) - Through its subsidiary Alpha Grissin Imoti, Greek-based Alpha Grissin Infotech, has applied for licenses to ...   read more
Evrotek Group to Expand via Chain Set Up in Ukraine
September 16, 2008, 11:00, (Property Xpress) - As Property Xpress indicated on May 23, 2008, Evrotek, a start-up supermarket retail chain group currently ...   read more
Forum Properties to Develop 100,000 sq. m Scheme in Moscow
September 16, 2008, 10:48, (Property Xpress) - Russian company Forum Properties plans to develop a 100,000 sq. m mixed-use scheme, called ‘Ochakovskiy’ ...   read more
Vnesheconombank Lends USD 750 mln to Interros
September 16, 2008, 10:25, (Property Xpress) - State-owned Bank for Development and Foreign Economic Affairs (Vnesheconombank) will allocate a 15 year loan ...   read more
Girexim Develops Mall in Pitesti, Romania
September 16, 2008, 10:14, (Property Xpress) - Pitesti-based Girexim Universal, owner of the former Romtelecom headquarters on Spain Square in Bucharest, ...   read more
ADG Group to Develop 50,000 sq. m Mall in Cheboksary
September 16, 2008, 10:13, (Property Xpress) - ADG Group said in a statement, it plans to develop a 50,000 sq. m shopping and entertainment complex in ...   read more
Radisson SAS to Open in Kaliningrad by end 2008
September 16, 2008, 9:49, (Property Xpress) - A five star Radisson SAS hotel will open in Kaliningrad by the end of 2008, General Manager of Clover Group, ...   read more
Ukrainian Euroholding Invest to Attract Strategic Investor for Resort Project
September 16, 2008, 9:40, (Property Xpress) - To speed up implementation, Euroholding Invest, specializing in design, renovation and reconstruction of civil ...   read more
IKEA Seeks New Prime Contractor for Russian Project
September 16, 2008, 8:53, (Property Xpress) - Swedish company IKEA, is seeking a new prime contractor for its Mega retail center in Samara, due to numerous ...   read more
BauMax Expands Network in Romania
September 16, 2008, 8:33, (Property Xpress) - Austrian retail chain BauMax, one of the five largest DIY networks in Romania, has ranked the country as a ...   read more
USD 80 mln National Library to Open in Kazan
September 16, 2008, 8:30, (Property Xpress) - Construction of USD 80 mln ‘Tatarstan National Library’, designed by Dutch architect Erick van Egeraat, ...   read more
Mountain Resort on 3,600 ha Planned for Romania’s Transilvania Region
September 16, 2008, 7:58, (Property Xpress) - A group of US developers with key personnel from the UK and Dubai, U.A.E., have completed site acquisition for ...   read more
Russian Businessman Sells Unfinished Project to Mirland
September 16, 2008, 7:48, (Property Xpress) - Russian businessman Arkadi Stolpner, developing a network of medical and diagnostic centers, has sold its ...   read more
New ZUP Forbidden for ParkLake Plaza in Bucharest
September 16, 2008, 7:16, (Property Xpress) - Real estate project ‘ParkLake Plaza’, to include the largest mall in Bucharest, was refused a request to ...   read more
USD 60 mln Complex to Welcome Shanghai Cooperation Organization in Yekaterinburg
September 16, 2008, 7:16, (Property Xpress) - A USD 60 mln multipurpose complex will be raised in the business district of Yekaterinburg as a part of the ...   read more
KDD Group Announces New Developments in Ukraine
September 15, 2008, 15:30, (Property Xpress) - Dutch KDD Group N.V., holder of the Ukrainian Kiev-Donbass Company, plans to allocate more than USD 400 mln ...   read more
Inteco to Pour USD 1.2 bln in Residential Development in Moscow
September 15, 2008, 14:55, (Property Xpress) - ZAO Inteco plans to invest up to USD 1.2 bln to develop a new residential district ‘Dominion’, in ...   read more
Baltic Building Group Rents 500 Sq. m in Veda House, St. Petersburg
September 15, 2008, 14:13, (Property Xpress) - Baltic Building Group, with the participation of East Real, has rented 500 sq. m in the Veda House business ...   read more



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