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Development-Yug in Talks to Participate in USD 1.3 bln Project
December 01, 2008, 12:27, (Property Xpress) - Russian building corporation Developmnet-Yug is in talks for participation in the USD 1.3 bln project ...   read more
Radisson SAS to Open in July in Dubrovnik, Croatia
December 01, 2008, 11:46, (Property Xpress) - The first phase of Dubrovnik-based ‘Vrtovi Sunca' project will open on July 1, 2009, featuring Hotel ...   read more
PIK Group Secures USD 262 mln Debt Refinancing from VEB
December 01, 2008, 11:11, (Property Xpress) - Russian PIK Group said in a statement it has reached agreement with Vnesheconombank (VEB), a state-owned ...   read more
Carborundum Universal to invest USD 50 mn in Russia
December 01, 2008, 10:08, (Property Xpress) - Indian Chennai-based abrasives and ceramics producer Carborundum Universal (CUMI), said its Russian subsidiary ...   read more
Rockwool Keeps Plant Project in Ukraine
December 01, 2008, 10:05, (Property Xpress) - Rockwool Group, a Danish insulation producer, keeps the plan to build a plant in Ukraine, company press ...   read more
Moscow Launches Tender for First 95,000 Sq. m of Residential Properties
December 01, 2008, 9:23, (Property Xpress) - The Moscow authorities have announced a series of open tenders to buy the first 95,000 sq. m of the earlier ...   read more
480-Apartment Estates Started in Plovdiv, Bulgaria
December 01, 2008, 9:19, (Property Xpress) - A new residential estate will be developed in Plovdiv, Bulgaria’s second largest city. The future property ...   read more
Finnish Investors to Spend EUR 30 mln by 2010 in Cottages in St. Petersburg
December 01, 2008, 8:51, (Property Xpress) - Finnish investors will spend about EUR 30 mln in development of the cottage village ‘Kyumeleno’ in the St. ...   read more
Officials to Sell Tramcar Site in Sofia, Bulgaria
December 01, 2008, 8:47, (Property Xpress) - Sofia City Council has decided to acquire and auction the site of the former municipal firm Tramcar. The ...   read more
Hotel Budapest in Moscow to Open in 2009
December 01, 2008, 8:10, (Property Xpress) - Three star class hotel ‘Budapest’ on Petrovskie Linii will open in 2009 in Moscow, after reconstruction, a ...   read more
Family Market Chain Launched in Serbia
December 01, 2008, 8:06, (Property Xpress) - The new retail chain ‘Family Market’ has opened its first supermarket in the building of the Beograd ...   read more
Mixed-use Scheme to Replace Russia Plant in St.Petersburg
November 28, 2008, 16:26, (Property Xpress) - A 250 to 350,000 sq. m multipurpose complex will replace the industrial buildings complex ‘Plant Russia’ ...   read more
First Healthcare Hypermarket to Open in St. Petersburg
November 28, 2008, 15:55, (Property Xpress) - Farmatsia, a daughter company of Russian holding company Fenix Group, owner of Novaya Apteka, is opening its ...   read more
Electromagnetica Sells Two Sites in Bucharest
November 28, 2008, 15:30, (Property Xpress) - Shareholders of Electromagnetica Bucuresti (ELMA) have approved sale of two sites with a total area of 0.24 ...   read more
Unicor to Provide USD 1.0 bln for Residential Project in Moscow
November 28, 2008, 15:24, (Property Xpress) - Managing company Unicor and Rossiyskiy Kredit Bank, controlled by Boris Ivanishvili will provide USD 1.0 bln ...   read more
Novaia Linia Unit to Open in Kremenchug, Ukraine
November 28, 2008, 14:43, (Property Xpress) - Ukrainian Novaia Linia, a local DIY retail chain, will launch its 13th store in the city of Kremenchug, on ...   read more
Ninth K-Rauta Hypermarket to Open in St. Petersburg
November 28, 2008, 14:27, (Property Xpress) - On Saturday, Rautakesko, part of Finnish holding company Kesko, will open its ninth building materials ...   read more
10,000 Sq. m Business Center Planned for Moscow Satellite
November 28, 2008, 13:57, (Property Xpress) - Russian company OAO ‘Trust Mosoblstroy 6’ plans to develop an A/B+ class business center of over 10,000 ...   read more
24,000 sq. m Shopping and Entertainment Center Planned for Bourgas, Bulgaria
November 28, 2008, 13:49, (Property Xpress) - A three-story shopping and entertainment center with a total area of about 24,000 sq. m is projected for the ...   read more
Glavmosstroy Puts In Assets to Extend USD 155 Credit Payment
November 28, 2008, 13:32, (Property Xpress) - Bank of Moscow has extended the payment of USD 155 mln by Glavmosstroy by one year, which secured it with ...   read more
Kievgorstroy Appointed as Contractor for Olympic Complex Reconstruction in Ukraine
November 28, 2008, 13:27, (Property Xpress) - On Friday, Kievgorstroy Holding, represented by Peter Shilyuk, head of the company management, signed a ...   read more
Gambling Equipment Producer Invests EUR 20 mln in Office Property in Romania
November 28, 2008, 12:24, (Property Xpress) - An Austrian company, dealing with manufacturing gambling equipment, will invest EUR 20 mln in construction of ...   read more
Metro Cash & Carry to Open Several Retail Centers in Krasnodar Region
November 28, 2008, 12:18, (Property Xpress) - The Russian arm of German retailer Metro Cash & Carry will consider opening several new retail centers in the ...   read more
Vinci-led Consortium Confirms Moscow-St. Petersburg Highway Development
November 28, 2008, 11:00, (Property Xpress) - OOO North-western Concession Company, comprising a number of European companies and led by French company ...   read more
Accor Signs Deal to Develop Etap Hotel Chain in Ukraine
November 28, 2008, 10:58, (Property Xpress) - Accor Hotel Group, one of the largest hotel companies with over 4,000 hotels worldwide, today announced ...   read more

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