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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
NEPI Teams up with Carrefour to Build Mall in Romania
February 10, 2011, 11:36, (Property Xpress) - Investment fund New Europe Property Investments (NEPI), the most active buyer of real estate in Romania in ...   read more
Sberbank to Find Partners for Rublevo-Arkhangelskoye Scheme
February 10, 2011, 11:10, (Property Xpress) - Russia’s largest state-owned bank Sberbank, which took control over the Moscow’s Rublevo-Arkhangelskoye ...   read more
Russian Developer to Unfreeze Regional Residential Projects
February 10, 2011, 10:49, (Property Xpress) - The recent growth of consumer activity in the Russian property market allows large developers to revive plans ...   read more
Sportina Group to Open Two Stores in Croatia
February 10, 2011, 10:39, (Property Xpress) - Sportina Group, present in the Balkans region, will open XYZ Premium Fashion Store multi-brand stores in ...   read more
Melon Fashion Group to Penetrate Ukrainian Market
February 10, 2011, 9:50, (Property Xpress) - Russia’s Melon Fashion Group, operating befree, LOVE REPUBLIC, co & beauty, SPRINGFIELD, Women’Secret and ...   read more
Finnish Group to Build 2,700 Housing Units in St. Petersburg
February 10, 2011, 9:15, (Property Xpress) - A Finnish construction concern will invest EUR 400 mln in development of an integrated housing compound in St. ...   read more
Update: Swissotel Adds New Property to Ukrainian Portfolio
February 10, 2011, 8:52, (Property Xpress) - An Odessa-based contractor plans to complete construction of its five star Swissotel Odessa Hotel in 2013. The ...   read more
Sberbank to Lend RUB 5.0 Bln to Developer
February 09, 2011, 16:29, (Property Xpress) - Russia’s largest lender Sberbank can provide a credit line of up to RUB 5.0 bln to real estate development ...   read more
International Consortium to Reconstruct Odessa Airport
February 09, 2011, 16:13, (Property Xpress) - Reconstruction of the Odessa Airport will probably be carried out by a multinational consortium including ...   read more
Kirov Regional Mortgage Corporation Wins Fond RGS Auction
February 09, 2011, 15:43, (Property Xpress) - Kirov Regional Mortgage Corporation has won an auction organized by the Russia’s federal fund to promote ...   read more
Design Concept Proposed for Croatia Golf Resort
February 09, 2011, 15:10, (Property Xpress) - An international architectural practice has proposed a concept for the residential part of a high-end golf ...   read more
Lustica Development Sets 2011 Investment Plan
February 09, 2011, 13:58, (Property Xpress) - Montenegro-based Lustica Development has announced financial results for 2010, showing a negative balance of ...   read more
UNISTO Petrostal to Commission St. Petersburg Business Center
February 09, 2011, 13:36, (Property Xpress) - Group of companies UNISTO Petrostal will complete construction of its first office project in St. Petersburg ...   read more
Sisecam Plans New Investments in Bulgaria
February 09, 2011, 12:56, (Property Xpress) - Turkish Sisecam, which has invested over USD 400 mln in five production facilities in Targoviste, Bulgaria, ...   read more
Sberbank Investments Acquires Shares in Mosmetrostroy
February 09, 2011, 11:55, (Property Xpress) - Sberbank’s subsidiary Sberbank Investments has acquired a stake in Tsentrstroy, owner of 100 pct of the ...   read more
EUR 130 mln Mixed-use Center Planned for Croatia
February 09, 2011, 11:32, (Property Xpress) - A Croatian entrepreneur has announced a new investment in a commercial-business center worth around EUR 130 ...   read more
Leroy Merlin Opens Seventh Moscow Store
February 09, 2011, 10:46, (Property Xpress) - DIY hypermarket retail chain Leroy Merlin, a member of the French Adeo Group, has opened its seventh Moscow ...   read more
Simo Milosevic Institute Privatization Fails in Montenegro
February 09, 2011, 10:08, (Property Xpress) - The public sale of a 56.48 pct stake (215,950 shares) in the Institute for physical medicine, rehabilitation ...   read more
Magnit to Pursue Expansion in Moscow and St. Petersburg
February 09, 2011, 9:44, (Property Xpress) - Krasnodar-based retailer Magnit has decided to strengthen its presence in Moscow and St. Petersburg. In St. ...   read more
Pension Fund to Commit EUR 700 mln to Indirect Real Estate Investments
February 09, 2011, 9:28, (Property Xpress) - A European pension fund has established a EUR 700 mln vehicle to focus on indirect real estate investments. ...   read more
Ginza Project to Sign Franchise Deal with Burger King
February 09, 2011, 9:10, (Property Xpress) - Ginza Project, operating Yaposha, Ginza and Beer-Water restaurants, has entered the fast food market. Soon the ...   read more

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