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Rewe Romania to Double Local Presence by 2020
March 31, 2014, 7:57, (Property Xpress) - Rewe Romania, operating Penny Market and XXL Mega Discount chains in the country, wants to double its stores ...   read more
Montenegro Extends Deadline for Zabljak Site
March 28, 2014, 14:35, (Property Xpress) - Montenegro’s Council for Privatization and Capital Projects has extended the deadline for the tender to sell ...   read more
Update: Montenegro Announces New Deadline Extension for Mediteran Tender
March 28, 2014, 13:58, (Property Xpress) - Montenegro’s Council for Privatization and Capital Projects has again extended the deadline for proposals ...   read more
Russian Airport Construction Project Changes Owners
March 28, 2014, 13:47, (Property Xpress) - A controlling stake in a Russian airport construction project, estimated at RUB 16 bln, has changed its owner. ...   read more
EUR 27 mln Construction Contract Awarded in Macedonia
March 28, 2014, 13:20, (Property Xpress) - A general contractor has been appointed to carry out construction, interior and installation works on a public ...   read more
Offshore Firm Consolidates 100 Pct Stake in Prime Moscow Asset
March 28, 2014, 13:10, (Property Xpress) - An offshore company has consolidated 100 pct ownership of a Moscow-based company, which owns and operates a ...   read more
Hilton Hotels & Resorts Opens First Ukrainian Hotel
March 28, 2014, 12:43, (Property Xpress) - International hotel chain Hilton Hotels & Resorts today announced the opening of its first hotel in Ukraine. ...   read more
Russian Retailer to Spend RUB 6.0 Bln on New Format Stores
March 28, 2014, 12:01, (Property Xpress) - A Russian retailer is planning to invest RUB 6.0 bln this year in a move aimed at launching new format stores ...   read more
EUR 4.5 mln Hotel Project Planned in Croatia
March 28, 2014, 11:27, (Property Xpress) - Croatia’s Commission for Assessment and Determining Proposals for Strategic Projects has received 16 ...   read more
Paramount Hotels & Resorts to Open Russian Hotel
March 28, 2014, 10:52, (Property Xpress) - Hotel chain Paramount Hotels & Resorts is negotiating with several developers to enter the Russian market. The ...   read more
Sofia Central Station Project Gets Go Ahead
March 28, 2014, 10:29, (Property Xpress) - Bulgaria’s Ministry of Investment Design has approved the Sofia Central Station modernization project, thus ...   read more
Developer to Start Work on Two Shopping Centers
March 28, 2014, 9:52, (Property Xpress) - A Russian development company is preparing to start work on two shopping and entertainment centers in the ...   read more
ZTE Corporation to Invest EUR 100 mln in Romania
March 28, 2014, 9:29, (Property Xpress) - Chinese ZTE Corporation, one of the world’s largest manufacturers of telecommunications equipment, will open ...   read more
Lumini Shopping Center Reopens in Croatia
March 27, 2014, 16:50, (Property Xpress) - Norwegian Emerging Europe Land Development (EELD)/ Verdispar has reopened its Lumini shopping center in ...   read more
Omer Susli to Relaunch Praktiker Brand in Romania
March 27, 2014, 16:05, (Property Xpress) - Turkish businessman Omer Susli, the new owner of Praktiker retail chain in Romania, plans to relaunch the ...   read more
Zenit-Arena Stadium Completion Scheduled for 2015
March 27, 2014, 14:57, (Property Xpress) - A competition to complete St. Petersburg’s Zenit-Arena stadium will be announced in 2014, said chairman of ...   read more
St. Petersburg to Auction 18,500 Sq. m Industrial/Warehouse Complex
March 27, 2014, 13:50, (Property Xpress) - The Property Fund of St. Petersburg is preparing to auction an industrial warehouse complex in the city at a ...   read more
H&M Makes EUR 62 mln in Sales from Russia
March 27, 2014, 13:25, (Property Xpress) - Swedish fashion retailer Hennes & Mauritz (H&M) today announced its sales in Russia increased by 11 pct, to ...   read more
H&M Reports EUR 70 mln in Sales from Five SEE Markets
March 27, 2014, 13:15, (Property Xpress) - Swedish fashion retailer Hennes & Mauritz (H&M) today announced its sales in Romania increased by 32 pct, to ...   read more
O1 Properties Invests USD 150 mln in Moscow Development Project
March 27, 2014, 12:34, (Property Xpress) - Russia’s O1 Properties is investing more than USD 150 mln in the first stage of the transformation of the ...   read more
EUR 5.0 mln Industrial Park Construction Contract Signed in Romania
March 27, 2014, 12:16, (Property Xpress) - A EUR 5.0 mln contract for construction of an industrial park was signed earlier this month in the Romanian ...   read more
130,000 Sq. m Moscow Mall to Open in mid-April
March 27, 2014, 11:26, (Property Xpress) - A new shopping mall with a large-scale entertainment component will open in mid-April in the northeast of ...   read more
20,000 Sq. m Retail Center Projected for Kharkov, Ukraine
March 27, 2014, 10:59, (Property Xpress) - A three-story shopping and entertainment center, with a total built-up area of 20,700 sq. m, will be developed ...   read more
A1 to Sell Formula Kino Cinema Chain
March 27, 2014, 10:29, (Property Xpress) - Investment group A1 is selling Formula Kino cinema chain, with one of the contenders for the asset being the ...   read more
Bank Consortium to Provide EUR 220 mln to Shopping Mall Owner
March 27, 2014, 10:05, (Property Xpress) - A consortium of banks comprising Deutsche Pfandbriefbank, Raiffeisen Bank International, Raiffeisen Bank ...   read more

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