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Nizhny Novgorod Gives Nod to Three Star Hotel Project
February 16, 2012, 11:28, (Property Xpress) - Construction of a three-star hotel was approved at a meeting of the Nizhny Novgorod regional investment board, ...   read more
Romanian Municipality Announces Land Auction
February 16, 2012, 11:10, (Property Xpress) - A Romanian municipality has announced an auction to sell lease rights over five plots available in an ...   read more
A1 to Take Ownership of Two Captains Business Center
February 16, 2012, 10:25, (Property Xpress) - A1, the real estate investment arm of Russian Alfa-Group, has signed agreements with Strabag and DB ...   read more
Eva Retail Chain Reports 21 Pct Increase in 2011 Sales
February 16, 2012, 9:52, (Property Xpress) - Ukrainian company Rush, owner of the perfumery and cosmetics Eva chain, said its 2011 net income increased by ...   read more
St. Petersburg Developer Purchases Land for Affordable Housing
February 16, 2012, 9:13, (Property Xpress) - A St. Petersburg investment and construction group has agreed to acquire two plots of land with a total area ...   read more
EUR 210 mln to Support Louis Delhaize’s Romania Expansion
February 16, 2012, 8:47, (Property Xpress) - The EBRD has agreed to provide up to EUR 210 mln to Belgium-based Louis Delhaize to finance the company’s ...   read more
Saturn Hypermarkets to Open in Belgorod and Orel
February 15, 2012, 17:04, (Property Xpress) - German hypermarket chain of household appliances Saturn, operated by Metro Group’s Media-Saturn-Holding ...   read more
Update: Romanian Largest Office Park outside Bucharest Sold to NEPI
February 15, 2012, 16:47, (Property Xpress) - ModaTim Investment and ModaTim Properties, developers of City Business Center in Timisoara, controlled by ...   read more
Russian Hotel Project to Appoint Contractor
February 15, 2012, 16:07, (Property Xpress) - A 17,700 sq. m hospitality project in Russia, currently in the state examination phase, is looking to appoint ...   read more
Park Inn Hotel Construction Contract Awarded to St. Petersburg Firm
February 15, 2012, 14:32, (Property Xpress) - A St. Petersburg construction company has been appointed general contractor for a three star hotel project in ...   read more
Update: Bosch to Invest EUR 77 mln in Romanian Plant
February 15, 2012, 13:58, (Property Xpress) - Cluj County Council today unanimously approved the contract with Bosch that will be signed on Friday, after ...   read more
SC Karat Wins Auction to Buy Bellevue Hotel
February 15, 2012, 13:36, (Property Xpress) - OOO SC Karat has won the auction of the Property Fund of St. Petersburg to sell Bellevue Hotel, along with the ...   read more
Kozmo to Roll out 15 Stores in 2012
February 15, 2012, 13:19, (Property Xpress) - Croatian drugstore chain Kozmo has set a goal of opening 15 new stores in the current year. Last year the ...   read more
Walmart Named Likely Buyer of Karusel Retail Chain
February 15, 2012, 12:27, (Property Xpress) - The world’s largest retailer, Walmart, is close to buying Russian hypermarket operator Karusel for around ...   read more
S-Immo Signs Lease Deal for Bucharest Office Building
February 15, 2012, 11:57, (Property Xpress) - Austria’s Sparkassen Immobilien (S-Immo), the real estate investment arm of Erste Bank, has signed a lease ...   read more
IKEA to Set up Wood Processing Complex in Russia
February 15, 2012, 11:37, (Property Xpress) - Swedish furniture manufacturer and retailer IKEA is considering establishing wood processing and furniture ...   read more
Montenegro to Issue Building Permits for Coastal Hotels
February 15, 2012, 10:54, (Property Xpress) - The Montenegro’s Ministry of Sustainable Development and Tourism have recently issued several building ...   read more
August Meyer and Dmitry Kostygin to Buy Land for First Enel Store
February 15, 2012, 10:19, (Property Xpress) - The former owners of the St. Petersburg hypermarket chain Lenta, Dmitry Kostygin and August Meyer, are nearing ...   read more
ESTA Group Starts TSUM Reconstruction
February 15, 2012, 9:55, (Property Xpress) - ESTA Group has started preparations for reconstruction of the Kiev Central Department Store (TSUM), with ...   read more
Shopping Project Approved in Chelyabinsk Region
February 15, 2012, 9:21, (Property Xpress) - A shopping and entertainment center project was approved at the end of last week by the town planning board of ...   read more
Developer Restarts Bucharest High-rise Project
February 15, 2012, 9:01, (Property Xpress) - A mixed-use real estate project including two towers is to be developed in the Romanian capital, at the ...   read more
Flanco Reports 38 Pct Revenue Increase for Full Year 2011
February 14, 2012, 17:07, (Property Xpress) - Romania’s IT and consumer electronics retailer Flanco had an operating profit of EUR 3.5 mln in 2011 backed ...   read more
Developer Wins Land Auction, to Build 80,000 Sq. m of Housing
February 14, 2012, 16:31, (Property Xpress) - A residential property developer said it has won an auction to lease land in the Moscow regional city of ...   read more
Gorenje to Spend EUR 20 mln on Serbian Production Plant
February 14, 2012, 15:22, (Property Xpress) - Verica Kalanovic, Deputy Prime Minister of the Government of Serbia, and Branko Apat, member of the management ...   read more
500,000 Sq. m of Housing to Appear on Fond RGS Land in Krasnodar
February 14, 2012, 15:10, (Property Xpress) - Russia’s federal fund to promote housing construction (Fond RGS) has signed an agreement with the winner of ...   read more

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