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Metro Cash & Carry Opens Store in Braila
December 23, 2010, 12:03, (Property Xpress) - Metro Cash & Carry Romania, the largest player in the local cash and carry market segment, with a turnover of ...   read more
100,000 Sq. m Retail and Amusement Park Projected for Russia
December 23, 2010, 11:43, (Property Xpress) - Several tens of millions of dollars will be invested in a 100,000 sq. m shopping and entertainment park in the ...   read more
Immofinanz Generates EUR 23 mln in Rental Revenue in Romania
December 23, 2010, 10:58, (Property Xpress) - The market value of the 15 income producing properties owned by Immofinanz in Romania was EUR 579.2 mln at the ...   read more
X5 Retail Group Targets 500 Store Openings for 2011
December 23, 2010, 10:42, (Property Xpress) - X5 Retail Group, Russia’s largest retailer in terms of sales, part of Mikhail Fridman’s Alfa Group, today ...   read more
Ukrainian Developer Unveils Plans to Raise EUR 100 mln in 2011
December 23, 2010, 10:19, (Property Xpress) - A Ukraine-based real estate developer and construction company has unveiled plans to raise EUR 100 mln in ...   read more
Promsvyaznedvizhimost Named Likely Buyer of Nordstar Tower
December 23, 2010, 9:27, (Property Xpress) - DS Development is in talks to sell its Nordstar Tower business center to Promsvyaznedvizhimost, controlled by ...   read more
45,000 Sq. m A-Class Business Center Opens in Sofia
December 23, 2010, 8:16, (Property Xpress) - Megapark business center has officially opened in Sofia. The A-class building is on 115, Tsarigradsko Road. ...   read more
DS Development Borrows RUB 5.0 Bln for Moscow Mixed-use Scheme
December 22, 2010, 15:55, (Property Xpress) - Russia’s largest lender Sberbank has opened a RUB 5.0 bln credit line to DS Development, formerly part of ...   read more
Spanish Developer to Dispose of Bucharest Land
December 22, 2010, 14:58, (Property Xpress) - A Spain-based integrated real estate company has announced it is willing to dispose of its overseas land ...   read more
Finnish Firm Acquires Residential Real Estate for EUR 11 mln
December 22, 2010, 14:16, (Property Xpress) - A Finnish company, one of the leaders in the sector of investment and lease of apartments, has acquired ...   read more
Profectus Completes Preparatory Phase for Croatian Dream Project
December 22, 2010, 13:42, (Property Xpress) - Profectus Grupa has completed the preparatory phase of its Croatian Dream project near the town of Doli, 27 km ...   read more
Navigator Logistics Center Opens in Perm
December 22, 2010, 13:27, (Property Xpress) - The first phase of Navigator logistics center was launched in Perm today. Project developer Dmitry ...   read more
British Retailer to Roll out 25 Ukrainian Stores by 2015
December 22, 2010, 13:04, (Property Xpress) - A British clothing retailer has announced plans to expand its network of stores across Ukraine. In partnership ...   read more
Stroytelniy Trest to Commence 450,000 Sq. m Housing Project
December 22, 2010, 12:39, (Property Xpress) - Russian Stroytelniy Trest (Building Trust) company plans to start building a new residential district in ...   read more
Ranbaxy to Spend USD 50 mln for Romanian Manufacturing Facilities
December 22, 2010, 12:10, (Property Xpress) - Romanian pharmaceutical company Terapia Ranbaxy, a subsidiary of Indian Ranbaxy Laboratories, will spend USD ...   read more
Construction of Hilton Garden Inn Hotel Starts in Russia
December 22, 2010, 11:56, (Property Xpress) - The foundation stone for a Hilton Garden Inn hotel was laid on Tuesday in the Russian city of Ulyanovsk, ...   read more
Court Rules in Favor of Russian Developer to Purchase 7.5 Ha Site
December 22, 2010, 9:25, (Property Xpress) - The Moscow Arbitration Court has ruled in favor of a Russian developer to purchase an industrial site in the ...   read more
Sofia Gives Nod to Building Project with Helipad
December 22, 2010, 9:11, (Property Xpress) - A new building with a helipad on the roof will be developed in Sofia, after the city authorities gave the ...   read more
USD 190 mln Moscow Mixed-use Scheme to Appear by 2013
December 22, 2010, 8:17, (Property Xpress) - A USD 190 mln mixed-use scheme will be carried out on 4.9 ha in the Moscow’s northeast district by December ...   read more
Developer to Start First Warehouse Project in Romania in 2011
December 22, 2010, 8:06, (Property Xpress) - A property development company has announced it will start developing a warehouse facility in Romania at the ...   read more
Dytech Begins Plant Construction in Serbia
December 21, 2010, 13:43, (Property Xpress) - Italian Dytech-Dynamic Fluid Technologies has begun construction of a factory in the Serbian city of Nis, ...   read more
Hilton Adds New Property to Romanian Portfolio
December 21, 2010, 12:55, (Property Xpress) - Hilton hotel chain, which has affiliated four Romanian hotels in less than two years, plans to open a hotel in ...   read more
Enka Resumes Citystore Chain Development
December 21, 2010, 12:21, (Property Xpress) - Turkish development company Enka has reversed its decision to abandon the Russian retail market and started ...   read more
ESTA Holding Allowed to Acquire TSUM Department Store
December 21, 2010, 11:50, (Property Xpress) - The Antimonopoly Committee of Ukraine has allowed Donetsk-based ESTA Holding, part of System Capital ...   read more
St. Petersburg to Allocate Land for Educational Facility
December 21, 2010, 10:45, (Property Xpress) - Today, the government of St. Petersburg will consider allocating about one ha of land on Yakorna Street in the ...   read more

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