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Merkur Recapitalization Plan Approved
December 10, 2012, 16:49, (Property Xpress) - Owners of Slovenian Merkur retail chain today approved a new recapitalization proposal, where 12 creditors ...   read more
ContiTech to Spend EUR 13 mln on Plant Expansion
December 10, 2012, 16:26, (Property Xpress) - Germany’s car parts maker ContiTech will spend EUR 13 mln on building a new plant for air-conditioning and ...   read more
Developer to Obtain Building Permit for 16,000 Sq. m Sochi Project
December 10, 2012, 16:05, (Property Xpress) - A complex of commercial properties, with a total area of 16,000 sq. m, will be created in place of the former ...   read more
Saudi Arabian Retail Real Estate Specialist Eyes Albania
December 10, 2012, 15:29, (Property Xpress) - A Saudi Arabia-based retail real estate specialist has expressed interest in entering the Albanian ...   read more
Stroytelniy Trest to Buy Land for St. Petersburg Housing Development
December 10, 2012, 15:02, (Property Xpress) - St. Petersburg-based Stroytelniy Trest (Building Trust) is negotiating to purchase a 1.4 ha site at 51, ...   read more
Cortina Residence Goes to Sale in mid-December
December 10, 2012, 14:25, (Property Xpress) - Cortina Residence residential project in the Bucharest Baneasa area will be auctioned for a second time on ...   read more
Nordea Lends EUR 50 mln to Russia Focused Investment Fund
December 10, 2012, 13:54, (Property Xpress) - The Russian subsidiary of Northern Europe’s largest financial services group, Nordea, has opened a five-year ...   read more
ZAIC Consortium to Sell 15 Pct Stake to Partner
December 10, 2012, 13:35, (Property Xpress) - Zagreb International Airport Company (ZAIC), a consortium formed by French Aeroports de Paris Management, and ...   read more
Perm Retail Center to undergo Redevelopment
December 10, 2012, 12:56, (Property Xpress) - A retail center in Perm is to be redeveloped into a mixed-use building, including an A-class office center, ...   read more
BYD to Establish Bulgaria Plant
December 10, 2012, 11:47, (Property Xpress) - Chinese automaker Build Your Dreams (BYD) will establish a production facility in Bulgaria. The company, ...   read more
Detsky Mir to Roll out 40 Stores in 2013
December 10, 2012, 11:27, (Property Xpress) - Russia’s largest children goods retailer Detsky Mir intends to open at least 40 new stores in the regions of ...   read more
Spanish Developer to Renovate Bucharest Historic Properties
December 10, 2012, 10:53, (Property Xpress) - A Spanish real estate developer, along with JV partners, plans to renovate historic buildings in downtown ...   read more
Anchor Development Builds Novy Urengoy Shopping Mall
December 10, 2012, 10:22, (Property Xpress) - Russian company Anchor Development has begun construction of its ‘Solnechny’ shopping and entertainment ...   read more
First Ukrainian KFC Restaurant to Open in December
December 10, 2012, 9:45, (Property Xpress) - Yum! Brands, owner of KFC, Pizza Hut and Taco Bell brands, will launch its first Ukrainian KFC outlet on ...   read more
Bank of Moscow Files Claim against River Mall Company
December 10, 2012, 9:22, (Property Xpress) - The Bank of Moscow continues its strategy of returning loans involving its former president Andrey Borodin. ...   read more
Ocean Plaza Mall Second Stage to Cost USD 230 mln
December 10, 2012, 9:00, (Property Xpress) - The cost of the Ocean Plaza Mall second stage, with a total area of 150,000-160,000 sq. m in Kiev’s ...   read more
Canadian Firm Eyes Albania Investment Opportunities
December 07, 2012, 13:59, (Property Xpress) - A Canadian financial and investment group has expressed interest in investing in Albania, in particular in the ...   read more
Sberbank to Complete Sochi Ski Resort
December 07, 2012, 13:46, (Property Xpress) - Russia’s largest lender, Sberbank, has not renewed a contract with Magomed Bilalov’s Resorts Development, ...   read more
Depot Development to Open Three Retail Centers in 2013
December 07, 2012, 13:20, (Property Xpress) - Kiev-based Depot Development Group, part of Foxtrot group of companies, plans to expand its chain of Depo’t ...   read more
Samsung to Open Skolkovo R&D Center
December 07, 2012, 12:48, (Property Xpress) - President of the Samsung Electronics CIS headquarters, Jun Sung Ho, has signed an agreement with the Skolkovo ...   read more
Airport Terminal Construction to Start in Ukraine
December 07, 2012, 12:28, (Property Xpress) - A business aviation terminal is planned to be built in the Kiev Zhulyany Airport by autumn next year, to ...   read more
Dalian Wanda Group Interested in Russia Project
December 07, 2012, 12:07, (Property Xpress) - Dalian Wanda Group, a leading commercial real estate developer in China, has expressed interest in ...   read more
Echo Investment to Start First Romanian Project in mid-2013
December 07, 2012, 11:15, (Property Xpress) - Echo Investment, controlled by Poland’s billionaire Michal Solowow, intends to start work on its Korona ...   read more
Sport-Engineering Wins Stadium Design Tender
December 07, 2012, 10:16, (Property Xpress) - Moscow-based FGUP Sport-Engineering has won a contract to design a new 45,000-seat stadium in Nizhny Novgorod ...   read more
BCR Suspends Enforcement Actions against Cocor Store
December 07, 2012, 10:05, (Property Xpress) - Romanian BCR Bank has announced suspending enforcement actions against Cocor Bucharest, managing a department ...   read more

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