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Croatia Removes Barriers to 140,000 Sq. m Development Project
February 14, 2011, 10:28, (Property Xpress) - Croatia’s Investment Minister Ivan Domagoj Milosevic announced on Monday that by the end of February, the ...   read more
Residential Estate to Replace Unfinished Hotel in St. Petersburg
February 14, 2011, 10:09, (Property Xpress) - On Friday, St. Petersburg Town Planning Board reviewed a project foreseeing reconstruction of an unfinished ...   read more
USD 300 mln to Finance Construction of Two Moscow Hotels
February 14, 2011, 9:16, (Property Xpress) - Entrepreneurs Zarah Iliev and God Nisanov, who have announced plans to invest USD 1.4 bln in creating a ...   read more
Nova Imobiliare Signs EUR 26 mln Credit Facility
February 14, 2011, 8:57, (Property Xpress) - Property developer Nova Imobiliare, controlled by a group of British investors, has signed a EUR 26.3 mln ...   read more
German Fast Food Chain Enters Romania
February 11, 2011, 16:06, (Property Xpress) - A German restaurant chain of fast-food restaurants will have its first Romanian location this spring, in ...   read more
Barkli to Build Luxury Housing Estate in Moscow
February 11, 2011, 15:54, (Property Xpress) - Russia’s Barkli Corporation plans to commission a 40,000 sq. m luxury residential property in downtown ...   read more
Health and Wellness REIT to Start Vacation Property Projects
February 11, 2011, 15:35, (Property Xpress) - Bulgarian Health and Wellness REIT will commence construction of its SANA-1 and SANA-2 holiday complexes in ...   read more
PIK Group Shares Suspended from Trading on LSE
February 11, 2011, 13:56, (Property Xpress) - Shares of Russia’s developer PIK Group were suspended from trading in London today after the company said ...   read more
British Firm to Establish Electric Car Assembly Line in Bulgaria
February 11, 2011, 13:38, (Property Xpress) - British company Zero Carbon 2020 will produce electric vehicles in Stara Zagora, Bulgaria, founder and CEO ...   read more
IKEA to Renovate Russian Property Portfolio
February 11, 2011, 12:32, (Property Xpress) - IKEA can invest between EUR 50 and 100 mln in modernization of its shopping centers in Russia in 2011, General ...   read more
KDD Group Signs EUR 450 mln Agreement with Contractor
February 11, 2011, 12:13, (Property Xpress) - KDD Group, a LSE-quoted real estate investment and development group active in Ukraine, today announced an ...   read more
Austrian Real Estate Players Take Different Approaches in Russia, Ukraine
February 11, 2011, 11:38, (Property Xpress) - Austrian companies use different strategies to deal with the slowly recovering markets in Eastern Europe. "We ...   read more
Austrian Real Estate Players Take Different Approaches in Russia, Ukraine
February 11, 2011, 11:36, (Property Xpress) - Austrian companies use different strategies to deal with the slowly recovering markets in Eastern Europe. "We ...   read more
UAE Investors Interested in Montenegro
February 11, 2011, 10:45, (Property Xpress) - On February 10, the Montenegrin Minister of Sustainable Development and Tourism, Predrag Sekulic, met with ...   read more
Armani-POP Keeps Plans for Hotel Construction in Russia
February 11, 2011, 10:07, (Property Xpress) - Representatives of Armani-POP have visited the North Caucasus region and discussed plans to implement a hotel ...   read more
76,000 sq. m Mixed-use Center to Open in Kiev in 2012
February 11, 2011, 9:25, (Property Xpress) - The Ukrainian capital will see the opening of a 76,000 sq. m mixed-use center in the second half of 2012. The ...   read more
Lenta to See Controlling Shareholder Change
February 11, 2011, 9:03, (Property Xpress) - Russia’s grocery chain Lenta can soon change its controlling shareholder, as the owner of a 40.6 pct ...   read more
EUR 90 mln Romanian Tourism Project to Start in Spring
February 11, 2011, 8:30, (Property Xpress) - A group of Austrian investors is retaining plans to develop a EUR 90 mln comprehensive tourism project in ...   read more
Tehnosila in Search for St. Petersburg Retail Premises
February 10, 2011, 15:33, (Property Xpress) - Russia’s Tehnosila chain of home appliances and electronics stores is looking for retail premises of 2,200 ...   read more
Sports Facility Planned for Tirana
February 10, 2011, 15:04, (Property Xpress) - A sports facility with retail premises is planned to be built in Tirana, Albania by the end of 2013. The ...   read more
Russian Retailer Signs RUB 1.0 Bln Loan Agreement
February 10, 2011, 13:58, (Property Xpress) - A Russian discounter and supermarket chain has signed a RUB 1.0 bln (EUR 24 mln) loan agreement to improve its ...   read more
Toro Company to Build EUR 20 mln Plant in Romania
February 10, 2011, 13:50, (Property Xpress) - The US-based Toro Company will spend a total of EUR 20 mln to build a new manufacturing plant in Romania, near ...   read more
IKEA to Invest in Moscow Furniture Store
February 10, 2011, 13:31, (Property Xpress) - Swedish IKEA plans to build a fourth furniture store in the Moscow region, which will be a standalone ...   read more
Retail Chains to Expand to Odessa, Ukraine
February 10, 2011, 13:09, (Property Xpress) - Two retail chains have recently expressed interest in expanding their businesses to Odessa. According to Mayor ...   read more
Nord Den Acquires Non-Residential Premises in St. Petersburg
February 10, 2011, 12:21, (Property Xpress) - Nord Den has become owner of 2,500 sq. m of space on 17, Chernyshevsky Prospect in St. Petersburg. The ...   read more

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