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Green City Construct to Complete Bucharest Project by December
January 11, 2011, 9:38, (Property Xpress) - Green City Construct, controlled by businessman Dumitru Bucsaru, aims to complete the Green City project in ...   read more
Controlling Stake in Russian Airport Goes to Auction
January 11, 2011, 8:59, (Property Xpress) - On December 31, the Federal Agency for State Property Management (Rosimushchestvo) announced the sale of a ...   read more
Pharmaceutical Wholesaler and Retailer Borrows EUR 150 mln
January 11, 2011, 8:29, (Property Xpress) - A pharmaceutical wholesaler and retailer active in Romania has announced signing of a EUR 150 mln loan ...   read more
Metrika to Focus on Regional Expansion in 2011
January 10, 2011, 16:13, (Property Xpress) - St. Petersburg-based home improvement retailer Metrika has begun an active expansion drive in the Central ...   read more
International Banking Group to Dispose of Belgrade Office Property
January 10, 2011, 15:33, (Property Xpress) - The Serbian subsidiary of an international banking group will hold an auction on February 11 to sell a 4,155 ...   read more
AFI Europe Sells Bucharest Land for EUR 16 mln
January 10, 2011, 15:04, (Property Xpress) - Real estate developer AFI Europe, owner of AFI Palace Cotroceni Mall, has sold a 3.0 ha land plot in the ...   read more
Mercator Reveals Major Openings for 2011
January 10, 2011, 13:24, (Property Xpress) - Slovenia’s grocery retailer Mercator has revealed locations of the forthcoming store openings in the Balkans ...   read more
Beppler & Jacobsen to Open Avala Hotels and Resorts Third Stage
January 10, 2011, 12:36, (Property Xpress) - British company Beppler & Jacobsen, which in 2004 privatized the property complex of Avala Hotel and Villas in ...   read more
ECE Projektmanagement Launches EUR 400 mln Real Estate Fund
January 10, 2011, 11:26, (Property Xpress) - German shopping center specialist ECE Projektmanagement has set up a real estate fund for the first time in ...   read more
Canadian Developer to Expand to Russia
January 10, 2011, 10:24, (Property Xpress) - A Canada-based residential property developer has established a subsidiary company to profit from its ...   read more
Land Swap Deal Finalized in Croatia
January 10, 2011, 9:32, (Property Xpress) - A company controlled by the mayor of Split, Zeljko Kerum, has become owner of 34,000 sq. m of building land in ...   read more
Second Romanian Shopping Mall Goes Bankrupt
January 10, 2011, 8:54, (Property Xpress) - City Mall shopping center, in the Bucharest Berceni area, has been declared bankrupt. In 2006, the property ...   read more
Construction of Five Star Hotel to Begin in Belgrade, Serbia
January 10, 2011, 8:28, (Property Xpress) - Construction work on a 250-room five star hotel in Belgrade, to be operated by an international hotel chain, ...   read more
Developer in ‘Wait and See’ Mode over Romanian Market
January 07, 2011, 13:04, (Property Xpress) - An international property developer, which has been hit by the real estate crisis in Romania, will be eying ...   read more
Verdispar to Develop Gated Community in Croatia
January 07, 2011, 11:51, (Property Xpress) - Norwegian Verdispar International plans to build a low-rise green city in Croatia, on 2.6 million sq. m of ...   read more
Armonia Braila Creditor’s Claims Reach EUR 35 mln
January 07, 2011, 10:43, (Property Xpress) - Armonia Braila retail center has debts of EUR 35 mln, according to preliminary claim notifications, with a ...   read more
Update: Mercator Sets Investment Program till 2015
January 07, 2011, 9:50, (Property Xpress) - Mercator, a leading retailer in the Balkans, expects a nascent recovery of the region in the medium term, ...   read more
Raiffeisen Evolution to Start New Projects in CEE
January 07, 2011, 9:00, (Property Xpress) - Austrian Raiffeisen Evolution, the real estate arm of Austrian Raiffeisen Group, which in December sold a ...   read more
Crimea Postpones Land Auction
January 06, 2011, 13:31, (Property Xpress) - The Crimean government has postponed a land auction, initially scheduled for the end of December. The public ...   read more
Three Romanian Projects of RI Investment Group Declared Insolvent
January 06, 2011, 13:02, (Property Xpress) - RI Investment Group, controlled by Romanian and Irish investors, has three of its five Romanian projects ...   read more
Slovenian Business Zone to Resume Talks with IKEA and Mercator
January 06, 2011, 10:45, (Property Xpress) - A new business zone near the Slovenian capital of Ljubljana is planning to resume talks with Mercator and ...   read more
Montenegrin Firm Raises EUR 2.0 mln to Upgrade Hotel
January 06, 2011, 9:24, (Property Xpress) - A Sutomore-based hospitality firm has raised about EUR 2.0 mln via a new share issue to upgrade a hotel on the ...   read more
German Firm to Pour EUR 50 mln in Romanian Plant
January 06, 2011, 8:59, (Property Xpress) - A German company will invest EUR 50 mln in expanding its production capacity in Romania over the next two ...   read more
International Womenswear Retailer to Roll out 10 Russian Stores
January 05, 2011, 14:43, (Property Xpress) - An international womenswear retailer, which already operates 62 franchise and 10 own stores in Russia, has set ...   read more
Agip in Talks to Acquire Gas Station Chain in Slovenia
January 05, 2011, 13:46, (Property Xpress) - Italian oil company Agip apparently wants to strengthen its presence in the Slovenian market. As the Ljubljana ...   read more

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