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Miller Developments Completes Deal for Mall Varna in Bulgaria
November 17, 2008, 10:27, (Property Xpress) - Scottish property company Miller Developments has successfully finalized the 17-month negotiation with ...   read more
Metro Open EUR 14 mln Retail Center in Saratov
November 17, 2008, 10:11, (Property Xpress) - ‘Real-Hypermarket’, part of Metro Group, plans to invest EUR 14 mln in development of a retail center in ...   read more
VTB Quits Marino Logistics Park Project
November 17, 2008, 9:59, (Property Xpress) - VTB-Asset Management, a subsidiary of VTB bank, will quit the Marino logistics park project near St. ...   read more
Syntaxis Fund II Targets CEE via EBRD Loan
November 17, 2008, 9:53, (Property Xpress) - Syntaxis Mezzanine Fund II LP will be established as a Guernsey limited partnership, with a target size of up ...   read more
EUR 17 mln Plot Acquisition Completed in Romania
November 17, 2008, 9:48, (Property Xpress) - A multi-national real estate firm has acquired a one-ha plot near Parcului Tineretului in the Romanian ...   read more
Investors Vie for Only Six of 16 Lots in Azov City Gambling Zone
November 17, 2008, 8:59, (Property Xpress) - Bidders, participating in the fifth tender for lot rental in the Azov City gambling zone, were interested in ...   read more
VTB to Allocate USD 500 mln to Local Developer
November 17, 2008, 8:27, (Property Xpress) - Russian state-controlled Vneshtorgbank (VTB) will allocate a total of USD 500 mln, as a part of the state ...   read more
Officials Sell Five Plots in Odessa, Ukraine
November 14, 2008, 15:57, (Property Xpress) - The Odessa Land Resources Department has sold five plots of total 2.7 ha for non-industrial purposes for ...   read more
Large Mixed-use Scheme Projected in St. Petersburg
November 14, 2008, 15:36, (Property Xpress) - A mixed-use complex with four office buildings of over 90,000 sq. m, four-star class Crowne Plaza Hotel with ...   read more
Intourist to Sell 20 Pct of Peking Hotel
November 14, 2008, 15:22, (Property Xpress) - Russian Intourist, 65.1 pct owned by AFK Sistema, plans to sell part of its hotel assets, including a 15 to 20 ...   read more
Auchan Anchors Iulius Mall Suceava
November 14, 2008, 14:40, (Property Xpress) - Auchan will open its fifth Romanian unit in Suceava tomorrow, following a EUR 20 mln investment, they ...   read more
Moscow Buys 60,000 Sq. m Residential Property from SU-155
November 14, 2008, 14:30, (Property Xpress) - The Moscow government has signed four contracts with development holding SU-155 for a residential property of ...   read more
Russian Insurer Rosno Acquires Office Center in St. Petersburg
November 14, 2008, 13:33, (Property Xpress) - Russian insurance group Posno is in the process of acquiring the office center ‘Business-Depo’ in ...   read more
Innovation Oil and Gas Center Planned for Tyumen
November 14, 2008, 13:02, (Property Xpress) - A high-tech industrial park called ‘West-Siberian innovation center of oil and gas’ will be developed in ...   read more
RBI Holding to Adjust Development Plans, Will Not Freeze Projects
November 14, 2008, 12:26, (Property Xpress) - RBI Holding company, one of the shareholders along with investment fund Morgan Stanley, will adjust its ...   read more
Europe Company to Start Belogorodka Residential Project in 2009
November 14, 2008, 12:20, (Property Xpress) - Kiev-based development firm Europe has postponed the construction start on the high-rise residential buildings ...   read more
Alacor to Develop Outlet Center in Kiev
November 14, 2008, 12:00, (Property Xpress) - Alacor Ltd plans to develop a retail project called ‘Fashion Outlet Center’ in Kiev. The future facility ...   read more
Serbian Officials Continue Negotiations with French Sagem
November 14, 2008, 11:58, (Property Xpress) - Serbian Deputy Prime Minister Bozidar Djelic has announced that talks with the French company Sagem about ...   read more
Media Markt Opens First Store in Krasnodar
November 14, 2008, 11:44, (Property Xpress) - Media-Markt-Saturn, the management company of household appliance chain Media Markt in Russia, said it has ...   read more
Petroecostroy Completes Plant Take-down for Petrovsky Arsenal
November 14, 2008, 11:08, (Property Xpress) - Petroecostroy has started the last phase of dismantling production facilities of Sestroretsk Tool Factory to ...   read more
Midland Development Buys 26,000 Sq. m Retail Center, Invests USD 120 mln
November 14, 2008, 10:24, (Property Xpress) - Midland Development, the Russian arm of Canadian Midland Group, which recently stopped development projects in ...   read more
GLL Real Estate Partners Eyes New Opportunities, Acquisitions in Romania
November 14, 2008, 10:22, (Property Xpress) - German investment fund GLL Real Estate Partners, owner of the Charles de Gaulle Plaza (CGP) office building in ...   read more
Greek Company Postpones Plans for Bulgaria, Satisfied with Romanian Business
November 14, 2008, 9:45, (Property Xpress) - A Greek construction and development company has provisionally frozen plans to expand its presence in Bulgaria ...   read more
VTB To Provide USD 254 mln Revolving Credit to Retail Group X5
November 14, 2008, 9:43, (Property Xpress) - X5 Retail Group N.V., Russia's largest retailer in terms of sales, announced today it has reached an agreement ...   read more
Edinstvo-Stroy to Develop Skyscraper in Samara
November 14, 2008, 9:32, (Property Xpress) - Samara-based company Edinstvo-Stroy plans to develop a 59-story skyscraper in the city, as well as ...   read more

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