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Institutional Investors Establish Russia Real Estate Vehicle
September 12, 2011, 9:20, (Property Xpress) - A EUR 95 mln real estate vehicle, whose value, along with a leveraged component, could go to EUR 300 mln, has ...   read more
Chernigov to Allocate Land for Residential Neighborhood
September 12, 2011, 8:42, (Property Xpress) - A former military camp in Chernigov, occupying an 80 ha area, will be transformed into a new residential ...   read more
IHG to Penetrate Russian Market
September 12, 2011, 8:14, (Property Xpress) - InterContinental Hotels Group (IHG) intends to increase the number of its units in Russia and the CIS to 100 ...   read more
Orchid Developments Extends Loan Repayment
September 12, 2011, 7:39, (Property Xpress) - Orchid Developments Group, a property developer active in Bulgaria, today announced it has signed a new credit ...   read more
Unicredit Bulbank Acquires Sofia Residential Land Site
September 09, 2011, 15:37, (Property Xpress) - Unicredit Bulbank, the Bulgarian subsidiary of the Italian Unicredit banking group, has acquired a 49,700 sq. ...   read more
OPIN to Increase Share Capital
September 09, 2011, 14:40, (Property Xpress) - Russian development holding Open Investments (OPIN), controlled by Mikhail Prokhorov, has decided to increase ...   read more
Ukrainian Cinema Theater Operator Plans IPO
September 09, 2011, 14:11, (Property Xpress) - A Ukrainian cinema theater operator plans to conduct an IPO, it said in a statement. Kiev-registered OOO ...   read more
Huawei to Set up Global Support Center in Romania
September 09, 2011, 12:59, (Property Xpress) - Huawei Romania, a subsidiary of one of the world’s largest telecommunication equipment manufacturers, wants ...   read more
Gazprom Plans St. Petersburg Housing Development
September 09, 2011, 12:50, (Property Xpress) - Gazprom Neft’s subsidiary ZAO Social and Business Center Ohta has decided to not sell the land on ...   read more
EUR 100 mln Mixed-use Project Receives Gambling Concession in Slovenia
September 09, 2011, 12:30, (Property Xpress) - The Slovenia Municipality of Sempeter-Vrtojba has granted a gambling concession to Ljubljana-based Alea Iacta ...   read more
Finnish Group to Start Major Regeneration Project in St. Petersburg
September 09, 2011, 11:45, (Property Xpress) - A Finland-based company intends to start a major redevelopment project in the industrial areas of the St. ...   read more
Five Star Hotel Planned for Timisoara
September 09, 2011, 11:23, (Property Xpress) - The first five star hotel in the Romanian city of Timisoara could be developed on the site of the former U ...   read more
Scandinavian Firm to Set up Industrial Park near St. Petersburg
September 09, 2011, 10:39, (Property Xpress) - Scandinavian investors plan to develop a new industrial and logistics park near St. Petersburg by the end of ...   read more
Radisson Mulls Four Star Hotel Project in Ukraine
September 09, 2011, 10:10, (Property Xpress) - A four star hotel project, to be operated under the Radisson brand, will be presented this month by the Agency ...   read more
Hyatt Adds Two Five Star Vladivostok Hotels to Russian Portfolio
September 09, 2011, 9:31, (Property Xpress) - US-based hotel operator Hyatt International today signed an agreement to manage two lodging units in ...   read more
Turism Felix to Build Five Star SPA Hotel in Romania
September 09, 2011, 9:07, (Property Xpress) - Romanian, Bihor-based Turism Felix will invest EUR 20 mln to build the first five star spa hotel in Romania, ...   read more
Mirland Development Starts St. Petersburg Triumph Park Project
September 09, 2011, 8:18, (Property Xpress) - Mirland Development Corporation, part of Israeli Fishman group, has announced the start of sales in the first ...   read more
Agrokor Invited to Submit Bid for Mercator
September 09, 2011, 7:18, (Property Xpress) - Croatia’s businessman Ivica Todoric and his Agrokor group could again compete for the Slovenian Mercator ...   read more
Walmart Appoints Former CEO of X5 as Senior Vice-President
September 09, 2011, 7:14, (Property Xpress) - Walmart Stores, which closed its Moscow office at the end of last year after making several unsuccessful ...   read more
Delhaize Group Set for Huge Balkan Expansion
September 08, 2011, 15:10, (Property Xpress) - Belgian international food retailer Delhaize Group, which recently received the green light to acquire 100 pct ...   read more
Romanian Group Submits EUR 48 mln Bid to Build Airport
September 08, 2011, 14:32, (Property Xpress) - A Romanian group of companies has been named as the only bidder to meet all requirements of the tender for ...   read more
Russian Retailer to Triple Sales Points
September 08, 2011, 13:57, (Property Xpress) - A Russian retailer has secured finance to expand its network across the country. Moscow-based biggest online ...   read more
Samara Entrepreneurs to Buy Land in Perm
September 08, 2011, 13:03, (Property Xpress) - Samara entrepreneurs want to build three shopping and entertainment centers in Perm, director of Samara-based ...   read more
Carrefour to Launch Three Romanian Hypermarkets in 2011
September 08, 2011, 12:54, (Property Xpress) - France’s Carrefour chain, which registered a turnover of RON 4.32 bln (EUR 1.03 bln) from its Romanian ...   read more
Sberbank Lends RUB 350 mln to Developer
September 08, 2011, 12:26, (Property Xpress) - The Baikal branch of Russia’s largest lender, Sberbank, has opened a RUB 355 mln credit line to one of the ...   read more

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