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Petrol Croatia to Invest in Fuel Station Network Expansion
September 07, 2011, 8:56, (Property Xpress) - Petrol Croatia, a subsidiary of Slovenian largest fuel retailer Petrol, has set a goal of increasing the ...   read more
Yum! Brands to Undertake Aggressive Expansion in Russia
September 07, 2011, 8:30, (Property Xpress) - US-based restaurant group Yum! Brands is planning to aggressively expand its KFC network in Russia and the CIS ...   read more
Hornbach to Open Timisoara Store in 2012
September 07, 2011, 7:55, (Property Xpress) - German DIY-store chain Hornbach will open a 20,000 sq. m store in the Romanian town of Timisoara in the first ...   read more
Epicenter-K to Roll out Three New Stores in 2011
September 06, 2011, 15:01, (Property Xpress) - Ukrainian operator of construction materials stores network Epicenter-K will launch three new units by the end ...   read more
Privatization of Serbian Splendid Hotel Fails
September 06, 2011, 14:46, (Property Xpress) - The tender for the sale of a controlling package in Belgrade-based Splendid Hotel did not go through due to ...   read more
Metrostroy Wins RUB 2.0 Bln State Contract
September 06, 2011, 13:52, (Property Xpress) - Metrostroy, controlled by the St. Petersburg city administration, has won a RUB 2.056 bln state contract to ...   read more
Central Bank of Bosnia-Herzegovina Builds Own Headquarters
September 06, 2011, 12:59, (Property Xpress) - The Central Bank of Bosnia-Herzegovina has begun construction of its own building in Banja Luka to accommodate ...   read more
Bermo Group to Commission 40 Residential Units in Cluj-Napoca
September 06, 2011, 12:54, (Property Xpress) - Romanian Bermo Group, which last year took over CRE Trust, developer of Dora Park and Bella Park residential ...   read more
Uralsib Lends RUB 400 mln to Construction Company
September 06, 2011, 12:35, (Property Xpress) - Russian financial corporation Uralsib will open a RUB 400 mln (USD 13.5 mln) credit line to construction ...   read more
70,000 Sq. m Shopping Mall to Open in Odessa
September 06, 2011, 12:22, (Property Xpress) - A 70,000 sq. m shopping and entertainment center is scheduled to open in the Ukrainian city of Odessa in the ...   read more
St. Petersburg Hotel Project Changes Owners
September 06, 2011, 11:41, (Property Xpress) - An 18,000 sq. m unfinished hotel building in the Russian city of St. Petersburg has changed its owner. ...   read more
USD 250 mln to Support Gas Station Development in Ukraine
September 06, 2011, 11:02, (Property Xpress) - A USD 190 mln syndicated loan, along with a EUR 30 mln credit facility and a further EUR 30 mln equity ...   read more
Developers Reduce Investment in Moscow Business Park
September 06, 2011, 10:04, (Property Xpress) - Storm Properties, controlled by Kirill Pisarev, one of the PIK Group founders, has reduced investments in its ...   read more
New Stadium Planned for Cacak, Serbia
September 06, 2011, 9:39, (Property Xpress) - The Serbian town of Cacak will have a new stadium with 8,000 seats, designed to meet all UEFA criteria. ...   read more
PPF Mulls Russia Merger Deal
September 06, 2011, 9:13, (Property Xpress) - Czech investment group PPF, owner of Russia’s electronics and home appliances retailer Eldorado, wants to ...   read more
Ukrainian Firm to Restructure Retail Property
September 06, 2011, 8:44, (Property Xpress) - A Ukrainian company, focusing on development and management of commercial properties, is planning to convert a ...   read more
Investment Group Acquires Shares in Russian Logistics Schemes
September 06, 2011, 8:18, (Property Xpress) - A Guernsey-incorporated investment and development group has acquired stakes in two warehouse properties in ...   read more
Shopping Mall Construction to Start in Bucharest
September 06, 2011, 7:32, (Property Xpress) - One of the largest shopping malls in the Romanian capital, with 70,000 sq. m of rentable area, will be built ...   read more
Magnit to Buy Land for Next Hypermarket
September 05, 2011, 15:49, (Property Xpress) - Krasnodar-based grocery retail chain Magnit is planning to build a new hypermarket in the Russian city of ...   read more
Marfin Files Insolvency Claim against Israeli-Owned Entity
September 05, 2011, 15:15, (Property Xpress) - At the end of August, the Romanian subsidiary of Marfin Bank filed an insolvency application with the ...   read more
Yekaterinburg Development Projects Resumed
September 05, 2011, 14:34, (Property Xpress) - Yekaterinburg-based developers have restarted real estate projects suspended during the crisis. The city’ ...   read more
Europolex to Build Wholesale Market near Kherson, Ukraine
September 05, 2011, 13:34, (Property Xpress) - Kiev-based investment company Europolex hopes to begin construction of a wholesale market on a 112.5 ha site ...   read more
PIK Group Transfers 160,000 Sq. m of Real Estate to REITs
September 05, 2011, 12:58, (Property Xpress) - Russia’s residential property developer PIK Group will transfer 160,000 sq. m of commercial real estate in ...   read more
Sberbank Lends RUB 1.3 Bln to Developer
September 05, 2011, 12:44, (Property Xpress) - The Volgograd branch of Russia’s largest lender, Sberbank, has opened a RUB 1.3 bln credit line to OAO ...   read more
Romanian Largest Sporting Goods Retailers Register EUR 52 mln in Sales in 2010
September 05, 2011, 12:29, (Property Xpress) - The three largest sporting goods retailers in Romania, i.e. Intersport, Decathlon and Hervis, posted a RON 217 ...   read more

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