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British Firm Freezes Romanian Development Plans
November 14, 2011, 15:31, (Property Xpress) - A British investment and development group has put on hold three real estate projects in Romania. ...   read more
Magnit to Raise USD 1.0 Bln in SPO
November 14, 2011, 14:28, (Property Xpress) - The largest Russian retailer by number of stores, Magnit, has registered an additional share issue, allowing ...   read more
Luxury Resort Planned for Montenegro
November 14, 2011, 13:59, (Property Xpress) - A joint venture company will be established with the Municipality of Budva to build a residential settlement, ...   read more
Raven Russia Refinances Two Loans
November 14, 2011, 13:33, (Property Xpress) - Investment company Raven Russia, specializing in warehouse construction in Russia and Ukraine, has refinanced ...   read more
Ukrainian Shopping Mall Appoints Leasing Agent
November 14, 2011, 13:10, (Property Xpress) - Kiev-based Arricano Trading, developer of Yuzhnaya Gallery (South Gallery) shopping mall on 189, Kievskaya ...   read more
Boris Ivanishvili to Dispose of Russian Assets
November 14, 2011, 12:48, (Property Xpress) - Georgian businessman Boris Ivanishvili, who in early October announced plans to sell his assets, supposedly to ...   read more
Developer to Sell Land to Finance Housing Project
November 14, 2011, 12:11, (Property Xpress) - A residential real estate developer active in Romania has unveiled plans to sell land to raise money for ...   read more
Sberbank Lends USD 40 mln to Developer
November 14, 2011, 11:07, (Property Xpress) - Russia’s largest lender, Sberbank, has agreed to open a three-year USD 41 mln credit facility to the ...   read more
Update: Italian Firm to Build EUR 8.0 mln Factory in Serbia
November 14, 2011, 10:38, (Property Xpress) - An Italian company will spend EUR 8.0 mln to build a 7,200 sq. m factory to produce window lifters for the ...   read more
Immofinanz Signs Refinance Deal for Moscow Property
November 14, 2011, 10:17, (Property Xpress) - Austria’s real estate investor and developer Immofinanz Group has entered into a long-term credit agreement ...   read more
Sofia Office Property Sale Fails
November 14, 2011, 9:57, (Property Xpress) - Bulgarian Fund Estates REIT, formerly known as Benchmark Fund Estates REIT, has not selected a buyer for its ...   read more
Four Seasons to Open St. Petersburg Hotel in 2012
November 14, 2011, 9:03, (Property Xpress) - The first deluxe hotel in St. Petersburg, to be managed by the international operator Four Seasons Hotels & ...   read more
Developer to Start Romania Shopping Mall Project
November 14, 2011, 9:00, (Property Xpress) - An international property developer is considering starting a shopping and entertainment center project in ...   read more
Deutsche Bank Consolidates 100 Pct Stake in Russian Asset Manager
November 14, 2011, 8:03, (Property Xpress) - Deutsche Bank, through its asset management division, will acquire the remaining 60 pct stake in Deutsche UFG ...   read more
Agrokor Joins Health Tourism Venture
November 14, 2011, 8:00, (Property Xpress) - Croatia’s food producer and retailer Agrokor has announced signing a letter of intent to invest in a project ...   read more
RUB 2.0 Bln to Finance Plant Construction
November 14, 2011, 7:02, (Property Xpress) - A RUB 2.1 bln long-term investment loan is to be provided to the Russian subsidiary of the American glassmaker ...   read more
Macedonian Shopping Mall Project Borrows EUR 19 mln
November 14, 2011, 7:00, (Property Xpress) - A European banking group is providing a EUR 18.9 mln loan to a shopping and entertainment center project in ...   read more
Auchan to Invest RUB 4.5 bln in Russia Stores
November 11, 2011, 10:18, (Property Xpress) - France’s retailer Auchan will spend RUB 4.5 mln to open five hypermarkets in Russia next year, in ...   read more
Hypermarket Operators to Penetrate Bucharest Retail Market
November 11, 2011, 10:02, (Property Xpress) - The city of Bucharest, a market of about two million inhabitants, continues to be attractive for hypermarket ...   read more
DLT Department Store Reconstruction Delayed
November 11, 2011, 9:18, (Property Xpress) - Russia’s Mercury Holding, reconstructing the Leningrad House of Trade (DLT) on Bolshaya Konyushennaya Street ...   read more
Cocor to Restructure EUR 19 mln Loan
November 11, 2011, 8:40, (Property Xpress) - Cocor Bucuresti (COCR), operating a department store in downtown Bucharest, reported RON 21.2 mln in revenue ...   read more
Developer Starts 200,000 Sq. m Housing Project
November 10, 2011, 15:58, (Property Xpress) - A Russian residential property developer has begun construction of a 200,000 sq. m neighborhood. Group of ...   read more
Harat’s Pub to Open First St. Petersburg Outlet
November 10, 2011, 15:42, (Property Xpress) - The first Harat’s Pub outlet in St. Petersburg will open in early 2012 on Nevsky Prospect. The restaurant ...   read more
Moscow in Discussion for 300,000 Sq. m Brownfield Project
November 10, 2011, 15:14, (Property Xpress) - Moscow city authorities are considering the possibility of constructing housing and infrastructure objects on ...   read more
Kiev Business Center Signs Lease Deals
November 10, 2011, 14:05, (Property Xpress) - A Kiev-based business center has signed leased deals for approximately 13,000 sq. m of space. Local-based ...   read more

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