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Kronverk Cinema to Double Russian Network by 2013
December 13, 2010, 8:14, (Property Xpress) - Russia’s Kronverk Cinema is planning to spend USD 40 mln on its development over the next year and a half. ...   read more
Top Managers Buy up Shopping Centers in St. Petersburg
December 10, 2010, 13:41, (Property Xpress) - Top managers of Gazprom structures have been actively buying up shopping centers in St. Petersburg. They now ...   read more
Romania to Expand Henri Coanda Airport by 2030
December 10, 2010, 12:59, (Property Xpress) - The Romanian Transport Ministry wants to further develop the country’s busiest international airport, Henri ...   read more
Uniqlo to Open Third Moscow Store in Spring
December 10, 2010, 12:30, (Property Xpress) - Japanese casual wear chain Uniqlo, part of Fast Retailing holding, plans to launch its third Russian store in ...   read more
Austrian Group Completes Mixed-use Center Acquisition in Ukraine
December 10, 2010, 11:48, (Property Xpress) - A commercial real estate transaction was completed in Ukraine at the end of this year. Austrian financial ...   read more
Morton Embarks on Mass Housing Development
December 10, 2010, 11:01, (Property Xpress) - Moscow’s developer Morton Group today announced the start of the second phase of its Butovo Park ...   read more
Austrian Firm to Invest EUR 10 mln in Cluj Production Facility
December 10, 2010, 10:31, (Property Xpress) - An Austrian company is considering opening a factory in Cluj County, Romania, which will require a EUR 10 mln ...   read more
Mirax Finds Partner to Complete Moscow Housing Development
December 10, 2010, 9:56, (Property Xpress) - Russia’s property developer Mirax Group has managed to find a partner willing to invest nearly USD 100 mln ...   read more
Developer to Consider Commercial Projects in Romania
December 10, 2010, 9:19, (Property Xpress) - A leading international project development and construction company said it is preparing for “investment in ...   read more
St. Petersburg to Relocate Ohta Center Project
December 10, 2010, 8:47, (Property Xpress) - St. Petersburg city authorities have refused the draft of the 400-m Ohta Center skyscraper, to be developed by ...   read more
Shopping Mall Projected for Cherkassy, Ukraine
December 10, 2010, 8:15, (Property Xpress) - The former textile factory in Cherkassy, Ukraine will be redeveloped into a shopping and entertainment center ...   read more
Retailer Purchases Land in Perm for RUB 200 mln
December 09, 2010, 16:15, (Property Xpress) - Russia’s auto dealer Verra Motors has sold a land lot at the intersection of Cosmonauts and Karpinsky ...   read more
Greek Retailer Bets on Expansion to Offset Crisis Impact
December 09, 2010, 15:52, (Property Xpress) - A Greek retail group has announced it has set a EUR 45 mln investment program for the next financial year July ...   read more
Contractor Sought for Hotel Construction in Croatia
December 09, 2010, 15:30, (Property Xpress) - The Croatian subsidiary of a Slovenian group has launched a tender process to select a general contractor to ...   read more
Vershina Shopping Mall Opens in Surgut
December 09, 2010, 14:47, (Property Xpress) - Vershina shopping and entertainment center has opened in Surgut, in the Khanty-Mansiysk Autonomous Okrug. The ...   read more
Ukrainian Group Sets USD 50 mln Investment Program for 2011
December 09, 2010, 13:46, (Property Xpress) - A Ukrainian investment group will allocate USD 50 mln in 2011 to develop its existing assets. According to ...   read more
Volkswagen Eyes Mixed-use Development in Kaluga
December 09, 2010, 13:24, (Property Xpress) - Germany’s Volkswagen AG intends to participate in a construction project, foreseeing creation of an ...   read more
HFP to Privatize Croatian Resort Hotel
December 09, 2010, 12:47, (Property Xpress) - Croatian Privatization Fund (HFP) has announced a tender to sell a 53.65 pct stake (211,275 shares) in Hotel ...   read more
NCC Real Estate to Start Two Developments in 2011
December 09, 2010, 12:15, (Property Xpress) - NCC Real Estate, a subsidiary of Sweden-Finland NCC, is planning to start two projects in 2011, i.e. in the ...   read more
Delhaize Group Purchases Two Supermarkets in Romania
December 09, 2010, 11:44, (Property Xpress) - International food retailer Delhaize Group has purchased two supermarkets in Romania, in Bucharest and ...   read more
Otkritie to Acquire Olympia Park Office Center
December 09, 2010, 10:45, (Property Xpress) - Structures close to Otkritie Finance Corporation are negotiating to buy Olympia Park office complex, currently ...   read more
IKEA to Pour EUR 800 mln in Serbian Shopping Schemes
December 09, 2010, 10:19, (Property Xpress) - Swedish furniture giant IKEA is planning to open four large shopping centers in Serbia in the coming years, ...   read more
Tsvetnoy Department Store Opens in Moscow
December 09, 2010, 9:58, (Property Xpress) - RGI International Limited, an AIM listed developer of residential and retail properties within Moscow and the ...   read more
Budhouse Group Acquires NEST City Mixed-use Project in Kiev
December 09, 2010, 9:46, (Property Xpress) - In summer 2010, investment and development company Budhouse Group bought the construction project NEST City in ...   read more
Sistema Sells Shares in Detsky Mir-Center for RUB 3.4 Bln
December 09, 2010, 9:03, (Property Xpress) - Sistema, a large diversified public financial corporation in Russia and the CIS, today announced that Sberbank ...   read more

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