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Nomos-Bank Opens RUB 2.0 Bln Credit Line to Airport Operator
February 16, 2012, 16:13, (Property Xpress) - Nomos-Bank, the eighth largest Russian banking group by assets and the second largest privately-owned lending ...   read more
Media-Saturn Russia to Launch Five New Stores in 2012
February 16, 2012, 14:59, (Property Xpress) - Media-Saturn Russia, one of the biggest players in the electronics retail market, is facing difficulties in ...   read more
Mr. Bricolage Posts 12 Pct Decrease in Sales in Eastern Europe
February 16, 2012, 14:00, (Property Xpress) - French DIY hypermarket chain Mr. Bricolage said its like for like sales in Eastern Europe, including Bulgaria, ...   read more
RGI in Talks to Enter into Moscow Residential Venture
February 16, 2012, 13:22, (Property Xpress) - RGI International is negotiating with one of the largest Moscow developers on a joint project to build housing ...   read more
Nutrition Company to Build Distribution Center in Ukraine
February 16, 2012, 12:39, (Property Xpress) - A leading nutrition company is considering building a distribution facility in Ukraine. The new logistics ...   read more
IGH to Add Second InterContinental Hotel to Russian Portfolio
February 16, 2012, 12:26, (Property Xpress) - InterContinental Group (IGH) has signed a contract to open a second InterContinental Hotel in Russia, in St. ...   read more
Construction of DKP Factory to Start in Spring
February 16, 2012, 12:03, (Property Xpress) - Construction of a new tobacco factory for Duvanski Kombinat Podgorica (DKP) should start in the industrial ...   read more
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

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