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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
Developer Sell Sites in Ukraine
December 09, 2010, 8:52, (Property Xpress) - A Ukrainian development group has entered into sale and purchase agreements to sell the group’s interest in ...   read more
Real Hypermarket Chain Bets on Moscow
December 08, 2010, 16:17, (Property Xpress) - Real Group will be seeking to increase its Russian presence in the next 15 years by opening 100 hypermarkets, ...   read more
126,000 Sq. m Shopping Mall Planned for Kiev
December 08, 2010, 15:45, (Property Xpress) - A Kiev-based company intends to begin construction of a shopping mall in 2011 and complete the project in ...   read more
St. Petersburg Sells Land for Residential Real Estate
December 08, 2010, 15:17, (Property Xpress) - The Property Fund of St. Petersburg has sold land lease rights over two plots of land on Sadovaya Street in ...   read more
Update: Caesars Entertainment to Invest in Slovenian Gaming Firm
December 08, 2010, 14:53, (Property Xpress) - US-based private gaming corporation Caesars Entertainment Corp., formerly known as Harrah’s Entertainment, ...   read more
Mixed-use Development to Start in Early 2011
December 08, 2010, 13:59, (Property Xpress) - Moscow-based Hermitage Construction & Management Group will begin construction of the second phase of its read more
Works to Resume on Ljubljana Construction Projects
December 08, 2010, 13:24, (Property Xpress) - A number of construction projects started in Ljubljana a few years ago have been changed, and some are ...   read more
Stanley House to Proceed with St. Petersburg Redevelopment Project
December 08, 2010, 10:48, (Property Xpress) - St. Petersburg City Court has refused to sustain a claim of the initiative group of citizens who tried to ...   read more
US-Based Group Eyes Property Acquisitions in Bulgaria, Romania
December 08, 2010, 10:07, (Property Xpress) - The US-based private gaming corporation Caesars Entertainment Corp., formerly known as Harrah’s ...   read more
Consultant Sought for Techno-Park Establishment in Russia
December 08, 2010, 9:47, (Property Xpress) - An open tender to select a consultant to carry out engineering survey and design work for a techno-park ...   read more
Decathlon to Penetrate Romanian Market
December 08, 2010, 9:19, (Property Xpress) - French sporting goods retailer Decathlon, which runs five stores in Romania, aims to expand its network to 20 ...   read more
Nagatino i-Land Second Stage to Begin in Spring
December 08, 2010, 8:37, (Property Xpress) - The second stage of Nagatino i-Land (Nagatino-ZIL) techno park project is scheduled to begin in spring 2011 ...   read more
Lviv City Sells 0.16 Ha for USD 214,000
December 08, 2010, 8:21, (Property Xpress) - On Tuesday, Lviv City Council sold 0.158 ha of land at auction for UAH 1.7 mln (USD 214,000), while the ...   read more
Octagon Awarded EUR 5.0 mln Contract in Bucharest
December 07, 2010, 15:55, (Property Xpress) - Octagon Contracting & Engineering has won a EUR 5.0 mln contract to perform civil and geotechnical works on ...   read more
Croatian Shopping Center Project Receives Building Permit
December 07, 2010, 15:17, (Property Xpress) - A Zagreb-based company has received permission to build a shopping and entertainment center in the Croatian ...   read more
Sistema to Sell Peking Hotel
December 07, 2010, 14:54, (Property Xpress) - Russian holding AFK Sistema is in talks to sell one of the iconic Moscow hotels, Peking Hotel, to VTB Bank, ...   read more
Copper Beach Capital Declared Bankrupt
December 07, 2010, 13:56, (Property Xpress) - Copper Beach Capital, established by British-based Copper Beech to develop the Blue Tower residential project ...   read more
Peterburgkurortstroy to Build Resort in Zheleznovodsk
December 07, 2010, 13:38, (Property Xpress) - Peterburgkurortstroy, part of M-Industry group of companies, has become a resident of the Zheleznovodsk ...   read more
Tus Retail Chain to Sell Business in Former Yugoslavia
December 07, 2010, 13:03, (Property Xpress) - Slovenia’s, Celje-based supermarket chain Tus is negotiating to sell its commercial operations in the former ...   read more
Russian Auction House Sells Land in St. Petersburg
December 07, 2010, 12:43, (Property Xpress) - Gorodskaya DomoStroitelnaya Kompaniya (GDSK) has won an auction for two sites at Moscow Highway in St. ...   read more
Developer to Borrow Funds for New Projects
December 07, 2010, 11:58, (Property Xpress) - A European property development group is negotiating to borrow about EUR 40 mln to finance projects in ...   read more

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