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X5 Files Application with FAS to Acquire Ostrov Retail Chain
August 13, 2010, 8:37, (Property Xpress) - X5 Retail Group, which has been negotiating to purchase the Moscow-based supermarket chain Ostrov over the ...   read more
Public Auction Announced for Pevec Assets in Bosnia
August 13, 2010, 8:17, (Property Xpress) - The Banja Luka and Tuzla assets of Croatian retail chain Pevec will be sold through public auction at the ...   read more
Aviapark Scheme Changes Owner
August 13, 2010, 8:02, (Property Xpress) - Aviapark company, holding the rights to develop the largest Moscow shopping center, of 500,000 sq. m, has ...   read more
Construction Begins on 2,000-Apartment Project in Ukraine
August 13, 2010, 7:26, (Property Xpress) - Construction of a large-scale residential compound called ‘Perlina Dnepra’ (Pearl of the Dnepr) has begun ...   read more
Developer Reaches Agreement on EUR 80 mln Credit Facility
August 12, 2010, 15:13, (Property Xpress) - The Romanian subsidiary of an Israeli real estate development company has agreed a EUR 80 mln loan facility ...   read more
Construction to Resume on Stalled Yekaterinburg Project
August 12, 2010, 14:00, (Property Xpress) - A Russian company active in the metallurgical, construction and real estate sectors has announced intentions ...   read more
Scandinavian Fashion Retailer to Open Second Store in Bosnia and Herzegovina
August 12, 2010, 13:10, (Property Xpress) - A Bosnian clothing retailer has obtained the franchise rights to open stores of the Scandinavian fashion chain ...   read more
Mercator to Open Several Roda Stores in Montenegro
August 12, 2010, 12:46, (Property Xpress) - Slovenia’s largest food retailer Mercator, operating 16 Roda supermarkets in Montenegro, will open several ...   read more
BH Telecom to Acquire Office Property in Sarajevo
August 12, 2010, 12:39, (Property Xpress) - Bosnian BH Telecom has decided to purchase a 10,000 sq. m office building in the center of Sarajevo at a price ...   read more
Stockmann Group’s Revenue in Russia and Ukraine Increases by 19 Pct
August 12, 2010, 12:18, (Property Xpress) - Finnish Stockmann Group, operating in the retail industry trough its Department Store, Seppala and Lindex ...   read more
Gea 21 Agrees Finance Deal for Laguna Residence
August 12, 2010, 11:27, (Property Xpress) - Spanish group Gea 21, which has acquired full rights over the Laguna Residence project in Bucharest, initiated ...   read more
Pak Express and Tornado to Start Construction in Azov-City
August 12, 2010, 11:03, (Property Xpress) - Kazan-based Pak Express and Moscow’s Tornado have received permission to build entertainment complexes in ...   read more
Update: Starwood Hotels & Resorts Affiliates Ukrainian Hotel
August 12, 2010, 10:40, (Property Xpress) - As Property Xpress reported, Starwood Hotels & Resorts Worldwide, Inc. and Kiev-registered Budhouse Group ...   read more
Developer Restructures RUB 645.5 mln in Debt with Moscow City
August 12, 2010, 10:02, (Property Xpress) - OOO Office Center, developer of a 95,500 sq. m multi-functional administrative and office complex on ...   read more
Intercapital Property Development Makes Strong Debut on WSE
August 12, 2010, 9:47, (Property Xpress) - Shares of Sofia-based Intercapital Property Development REIT got off to a strong start on the Warsaw Stock ...   read more
VTB Denies Purchase of Additional Shares in Sistema-Hals
August 12, 2010, 9:21, (Property Xpress) - VTB has denied purchasing additional shares in Sistema-Hals. "The controlling interest of 51.24 pct owned by ...   read more
Kaufland to Build Logistics Center in Romania
August 12, 2010, 9:05, (Property Xpress) - Construction work on a Kaufland logistics center will begin in Romania next week. The development will be ...   read more
Saransk to See Shopping Mall Opening in 2012
August 12, 2010, 8:05, (Property Xpress) - A shopping and entertainment complex will be developed in the center of the Russian city of Saransk, in the ...   read more
Metro Cash & Carry Reveals Plans for Next Ukraine Store
August 12, 2010, 7:37, (Property Xpress) - Metro Cash & Carry Ukraine, part of Germany’s Metro Group, is planning to build a second hypermarket in the ...   read more
USD 90 mln Fund Dedicated to St. Petersburg Closed in Russia
August 11, 2010, 14:50, (Property Xpress) - A US-British holding company, based in St. Petersburg for more than 10 years, has announced closing the Jensen ...   read more
Concorde Gruppe to Build Waste Recycling Plant in Romania
August 11, 2010, 14:30, (Property Xpress) - Concorde Gruppe wants to build a household waste recycling plant in Romania, which will require a USD 77 mln ...   read more
Espro Readjusts Warehouse Project in Stavropol Region
August 11, 2010, 13:38, (Property Xpress) - Espro group of companies has readjusted the concept of its A class office and storage center in the town of ...   read more
Hotel Project Redesigned in Kiev
August 11, 2010, 13:00, (Property Xpress) - Kiev’s new chief architect Sergey Tselovalnik has opposed the construction project of a 48-story building ...   read more
MirLand Raises USD 53 mln via Bonds
August 11, 2010, 11:48, (Property Xpress) - MirLand Development Corporation, a leading residential and commercial property developer in Russia, has raised ...   read more
Tehnika Awarded Contract to Build Zagreb Office Building
August 11, 2010, 11:16, (Property Xpress) - Construction group Tehnika, quoted on the Zagreb Stock Exchange, has signed a HRK 28.75 mln (EUR 4.0 mln) ...   read more

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