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Sistema RegionMart to Open Four New Units in 2008
December 19, 2008, 14:42, (Property Xpress) - ‘Sistema RegionMart’, set up earlier in December after the merger of ‘Sistema Chibis’ and ...   read more
ECDC Seeks Financing for Two Mall Projects in Bulgaria
December 19, 2008, 14:41, (Property Xpress) - European Convergence Development Company (ECDC) has several projects in Bulgaria and says it does not have ...   read more
Magnit Receives First Tranche of USD 111 mln Credit Line
December 19, 2008, 14:03, (Property Xpress) - Russian retail chain Magnit has received the first tranche of USD 72 mln, as part of the USD 111 mln credit ...   read more
Ukrainian Developer to Sell Part of Commercial Portfolio
December 19, 2008, 14:02, (Property Xpress) - A Ukrainian development company has decided to sell part of its commercial properties the company earlier ...   read more
Slovenian Firm’s Shares Rise on Takeover Expectations
December 19, 2008, 13:48, (Property Xpress) - Shares in Slovenia's largest trucking and logistics company registered an over 2.0 pct rise on Tuesday ...   read more
Sport Complex Project Gets Nod from Moscow Government
December 19, 2008, 13:36, (Property Xpress) - The government of Moscow has approved development of a sports and business center on a 6.2 ha lot on 39, ...   read more
Sunce Koncern Ready to Start Stubicke Toplice Tourist Project in Croatia
December 19, 2008, 13:29, (Property Xpress) - Sunce Koncern said talks on agreement about public and private partnership have been longer than expected, and ...   read more
Management Contract Signed for Five Star Hotel in Romania
December 19, 2008, 12:40, (Property Xpress) - A management agreement has been signed for a five star hotel, scheduled to open by 2012 in the Romanian city ...   read more
Sibir Energy Shareholders Put off Decision for USD 500 mln Property Deal
December 19, 2008, 12:21, (Property Xpress) - Shareholders in oil company Sibir Energy delayed their decision to buy USD 500 mln real estate assets from ...   read more
XXI Century Successfully Meets Debt Payments, Proceeds with Current Projects
December 19, 2008, 11:34, (Property Xpress) - Ukraine's XXI Century Investments said it is successfully meeting all short term debt obligations, such as the ...   read more
Moscow Approves 240,000 Sq. m Logistics Park Project
December 19, 2008, 11:32, (Property Xpress) - Moscow has approved the concept for development of West River Port, envisaging a 240,000 sq. m logistics park ...   read more
Immoeast Abandons EUR 2.4 bln Projects in Romania
December 19, 2008, 10:21, (Property Xpress) - One of the most active investors on the Romanian market in the last two years, Austrian investment fund ...   read more
Retail Chain Paterson Repays USD 72 mln Debut Bond
December 19, 2008, 10:18, (Property Xpress) - Paterson-Invest, the special purpose vehicle of Russian retail chain Paterson, repaid the debut bond of the ...   read more
Buzoianu Brothers Delay EUR 35 mln Project in Romania
December 19, 2008, 9:54, (Property Xpress) - Businessmen Octavian and Calin Buzoianu, owners of the only five-star hotel in the Romanian city of ...   read more
RTM Offers Billa to Buy Rented Spaces
December 19, 2008, 9:52, (Property Xpress) - Russian development group RTM has offered Billa to buy the premises it rents, as part of the RTM’s plans to ...   read more
Trakya Cam in Doubt on Bulgaria Investment
December 19, 2008, 9:08, (Property Xpress) - Turkish glass producer Trakya Cam, an arm of Turkish top glass manufacturer Sisecam, announced that the second ...   read more
Second Media Markt Opens in Rostov-on-Don
December 19, 2008, 8:55, (Property Xpress) - Household appliance chain Media Markt has opened its second store in Rostov-on-Don, consulting company ...   read more
Supernova’s First Commercial Center under Construction in Varazdin, Croatia
December 19, 2008, 8:11, (Property Xpress) - Austrian retail chain Supernova is developing its first specialized commercial center ‘Stop Shop’ in ...   read more
Meteorite Starts Cottage Village Construction near Yekaterinburg
December 19, 2008, 8:07, (Property Xpress) - Russian developer ‘Meteorite’ has started construction on its cottage village ‘Obraztsovo’, two km ...   read more
Hypo Credit Backs Premier's Lot in Budva
December 18, 2008, 15:58, (Property Xpress) - Montenegrin Premier Milo Djukanovic said Global Montenegro company, in which he holds a 50 pct stake, owns a ...   read more
Retailers Continue Expansion in the Region
December 18, 2008, 15:53, (Property Xpress) - Furshet center, situated on 176, B. Hmelnitzky Street, has become operational in Lviv, Ukraine. The complex, ...   read more
USD 780 mln Recreational Complex Planned for Novgorod Region
December 18, 2008, 15:53, (Property Xpress) - A recreational complex will be developed by 2013 in the Novgorod region, following and investment of about USD ...   read more
Third Marriottt Hotel to Open in St. Petersburg in 2010
December 18, 2008, 15:43, (Property Xpress) - International hotel operator Marriottt plans to open its third hotel in St. Petersburg in the first quarter of ...   read more
Folli Follie Aims Crisis Adaptation by Investment Reduce in 2009
December 18, 2008, 15:14, (Property Xpress) - Folli Follie Group, a Greek-based jewellery retailer, will keep its investment budget at the 2007level, ...   read more
Russian Retailer Pays USD 10 mln Bonds
December 18, 2008, 14:50, (Property Xpress) - A Russian retailer has paid the third coupon worth USD 10 mln of its second bond issue of total USD 254 mln. ...   read more

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