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IFC to Provide EUR 21 mln to APS to Acquire Distressed SEE Assets
May 14, 2013, 14:52, (Property Xpress) - The International Finance Corporation (IFC) is considering providing a EUR 20 mln loan and a EUR 0.75 mln ...   read more
GTC Records EUR 15 mln Non-Cash Impairment Loss from Galleria Bucharest Land
May 14, 2013, 14:09, (Property Xpress) - Real estate developer Globe Trade Center (GTC) cannot develop its Galleria Bucharest shopping mall due to a ...   read more
Sofia Airport Center to Add Two New Logistics Buildings
May 14, 2013, 12:59, (Property Xpress) - Two new logistics buildings will be built in the Sofia Airport Center, said Julian Edwards, Managing Director ...   read more
Metro Cash & Carry to Continue Russia Expansion
May 14, 2013, 12:49, (Property Xpress) - The Russian subsidiary of Germany’s self-service wholesale retailer Metro Cash & Carry, part of Metro Group, ...   read more
Update: DoubleTree by Hilton Hotel under Development in Macedonia
May 14, 2013, 12:14, (Property Xpress) - The groundbreaking ceremony to mark the construction start for DoubleTree by Hilton Skopje was held on May 13 ...   read more
Ford Sollers to Build Engine Plant in Russia
May 14, 2013, 11:44, (Property Xpress) - Ford Sollers is starting a USD 270 mln project to build an engine plant in Tatarstan’s Alabuga special ...   read more
Dedeman to Open Galati Store
May 14, 2013, 11:17, (Property Xpress) - Romania’s largest DIY retailer, Dedeman, with a turnover exceeding EUR 500 mln in 2012, will open a Galati ...   read more
Preparatory Work Starts on St. Petersburg High-Rise Project
May 14, 2013, 10:42, (Property Xpress) - St. Petersburg-based Razmax group of companies has begun dismantling two buildings on Poklonnaya Hill, where ...   read more
26,000 Sq. m Mixed-use Center to Appear in Kiev
May 14, 2013, 10:14, (Property Xpress) - Foundation work is currently underway on a mixed-use center in Kiev. The 25,894 sq. m three-story property ...   read more
ARS Group to Develop Krasnodar Housing Estate
May 14, 2013, 9:36, (Property Xpress) - Moscow-based ARS group of companies has bought land for construction of its first residential complex in ...   read more
Immofinanz in Preparations for New Romania Development
May 14, 2013, 9:07, (Property Xpress) - Austria’s Immofinanz Group, which was recently listed on the Warsaw Stock Exchange, is preparing ...   read more
St Petersburg to Auction Land in Kalininsky District
May 14, 2013, 8:17, (Property Xpress) - The Property Fund of St Petersburg will hold an auction on May 22 to sell the right to lease land on ...   read more
Bricostore Closes Croatia Stores
May 14, 2013, 7:59, (Property Xpress) - French home improvement retailer Bricostore will close its Croatian sales centers in Zagreb (Sesvete ...   read more
150,000 Sq. m Furniture Center Planned in Russia
May 13, 2013, 16:15, (Property Xpress) - Construction of a 150,000 sq. m retail center, specializing in selling household items, including furniture, ...   read more
Park & Shop Retail Center Opens in BiH
May 13, 2013, 15:45, (Property Xpress) - A 30,000 sq. m ‘Park & Shop’ retail center was officially launched on May 10 in Tromeda industrial zone in ...   read more
Russian Regional Court Rules in Favor of Shopping Mall Developer
May 13, 2013, 15:04, (Property Xpress) - A Russian regional court has ruled in favor of a real estate developer in a lawsuit filed against the company ...   read more
Property Developer Launches Two Romania Projects
May 13, 2013, 14:26, (Property Xpress) - A property development company has announced the start of two new investment projects in Romania, worth a ...   read more
Shopping Center Extension Planned in Ukraine
May 13, 2013, 13:46, (Property Xpress) - An extension to an existing shopping center building is scheduled to begin in the near future in the Ukrainian ...   read more
190,000 Sq. m Residential Project Obtains Building Permit in St. Petersburg
May 13, 2013, 13:15, (Property Xpress) - The State Construction Supervision and Expert Examination Service of the City of St. Petersburg has issued a ...   read more
Retail Center Construction to Start in Croatia
May 13, 2013, 13:00, (Property Xpress) - Construction of a 13,500 sq. m retail center will begin in the Croatian village of Srebreno in September this ...   read more
New Residential Estate to Appear in St. Petersburg
May 13, 2013, 12:41, (Property Xpress) - St. Petersburg-based Razmax group of companies has started work on dismantling above-ground and underground ...   read more
Wholesale and Retail Market under Development in Ukraine
May 13, 2013, 12:24, (Property Xpress) - Construction of the first phase of a new wholesale and retail market is expected to be completed by mid-June ...   read more
European Retail Group to Expand into Russia
May 13, 2013, 11:46, (Property Xpress) - A European retail group, with net sales of approximately EUR 3.9 bln last year, wants to expand into Russia in ...   read more
Auchan’s Romanian Business Exceeds EUR 500 mln in 2012
May 13, 2013, 11:12, (Property Xpress) - The Romanian subsidiary of French Auchan retail chain recorded a gross turnover of RON 2.353 bln (EUR 528 mln) ...   read more
BAT Russia Leases Space at St. Petersburg Logistics Center
May 13, 2013, 10:33, (Property Xpress) - British American Tobacco Russia (BAT Russia) is consolidating its storage volumes in St. Petersburg. The ...   read more

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