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Developer Starts EUR 12 mln Bucharest Housing Project
September 12, 2011, 12:06, (Property Xpress) - A Romanian residential property developer has begun construction of a housing project with 400 apartments in ...   read more
Retailer Sets aside EUR 130 mln for New Russian Stores
September 12, 2011, 11:32, (Property Xpress) - An international retail chain today announced it has embarked on an expansion drive to emerge as a market ...   read more
DIY Retailers Secure Locations for Next Bulgarian Stores
September 12, 2011, 11:06, (Property Xpress) - Two home improvement retail chains have secured sites for next Bulgarian stores. In particular, Sofia-based ...   read more
Update: Auchan Appoints Developer for Next Russian Store
September 12, 2011, 10:18, (Property Xpress) - The Russian subsidiaries of the French retailers Auchan and Leroy Merlin have signed agreements of intent with ...   read more
Property Investor to Dispose of Assets in Romania, Serbia, Bulgaria
September 12, 2011, 10:02, (Property Xpress) - A property investor active in Romania, Serbia and Bulgaria is willing to dispose of a number of retail, ...   read more
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

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