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Stockmann Sees 20 pct Revenue Increase in Russia and Ukraine
October 27, 2010, 13:53, (Property Xpress) - Finnish Stockmann Group, operating in the retail industry trough its Department Store, Seppala and Lindex ...   read more
Construction of Four Star Hotel Begins in Kiev
October 27, 2010, 12:58, (Property Xpress) - Reconstruction of a historic building has begun in the Ukrainian capital, at the intersection of ...   read more
Nizhny Novgorod to Discuss Five Star Hotel Project
October 27, 2010, 12:34, (Property Xpress) - An ambitious development proposal will be discussed at a meeting of Nizhny Novgorod Town Planning Board on ...   read more
Praktiker Suffers Sales Decline in Volatile Markets of Romania, Bulgaria
October 27, 2010, 11:47, (Property Xpress) - Praktiker Romania’s sales dropped by 17.8 pct in the first nine months of the year, to EUR 153.6 mln, due to ...   read more
Villagio Estate Develops Cottage Village near Moscow
October 27, 2010, 11:17, (Property Xpress) - Villagio Estate, a unit of developer Incom Realty, has started an elite cottage settlement project in the ...   read more
Consumer Electronics Retailer to Sell Company Shares within 12 Months
October 27, 2010, 10:46, (Property Xpress) - A majority owner of a regional electrical and IT goods retail chain has announced it has entered into an ...   read more
Azimut to Manage Three Star Hotel in Rosa Khutor Resort
October 27, 2010, 10:06, (Property Xpress) - Azimut Hotels Company and Russian company Rosa Khutor, developing the ski resort of the same name near Sochi, ...   read more
New Bulgarian Shopping Mall to Open by End’2010
October 27, 2010, 9:32, (Property Xpress) - A new shopping and entertainment center will be launched in Bulgaria by the end of this year. The official ...   read more
Hilton Adds Three New Properties to Russian Portfolio
October 27, 2010, 9:03, (Property Xpress) - Hilton Worldwide, a subsidiary of the Blackstone Group, will open three new hotels in Russia over the coming ...   read more
EBRD to Finance Montenegro Resort Development
October 27, 2010, 8:21, (Property Xpress) - The Board of Directors of the European Bank for Reconstruction and Development (EBRD) yesterday approved a EUR ...   read more
KomsoMall Shopping Center Opens in Yekaterinburg
October 27, 2010, 7:59, (Property Xpress) - KomsoMall shopping and entertainment center, a project of Russian DVI Group, has officially been opened in ...   read more
EUR 85 mln to Build Two Bucharest Hospitals
October 27, 2010, 7:47, (Property Xpress) - A leading private healthcare organization in Central and Eastern Europe will invest EUR 85 mln to build two ...   read more
H&M Secures First 10 Romania Locations
October 26, 2010, 14:08, (Property Xpress) - Swedish fashion retailer H&M will open three new stores in Romania, in Palas Iasi, Iulius Mall Timisoara and ...   read more
LSR Group Starts Mass Housing Project near Moscow
October 26, 2010, 13:41, (Property Xpress) - Mosstroyrekonstruktsiya, a subsidiary of LSR Group, has started construction of a mass-market residential ...   read more
Solin to Create Conditions for Marina Establishment
October 26, 2010, 13:05, (Property Xpress) - Solin City Council has decided to create an urban development plan, to allow establishment of a marina with ...   read more
Eldorado to Focus on New Store Format in 2011
October 26, 2010, 12:45, (Property Xpress) - Russia’s largest electronics and home appliances retailer Eldorado, which earlier this year revealed plans ...   read more
Sberbank Gets Nod to Buy Blocking Stake in Detsky Mir
October 26, 2010, 12:12, (Property Xpress) - The Federal Antimonopoly Service of the Russian Federation (FAS) has allowed OAO Sberbank of Russia to buy 25 ...   read more
Vita Veritas to Pour USD 50 mln in Indoor Water Park
October 26, 2010, 11:45, (Property Xpress) - Kiev-based Vita Veritas is developing Dream Town shopping center in the Ukrainian capital, and will invest USD ...   read more
Investment Fund to Build Middle Class Hotels across Russia
October 26, 2010, 11:11, (Property Xpress) - An investment fund specializing in commercial real estate development projects plans to build a hotel network ...   read more
LEK Group Agrees Debt Restructure Deals
October 26, 2010, 9:57, (Property Xpress) - LEK Group has agreed to two deals with Promsvyazbank and Bank Saint Petersburg to prolong RUB 482 mln and RUB ...   read more
Investor Disposes of Bulgarian Holiday Property
October 26, 2010, 9:23, (Property Xpress) - An investor in a Bulgarian holiday development, near the Golden Sands resort, has sold 16 apartments for an ...   read more
PIK Group Records Steady Growth in Housing Sales
October 26, 2010, 9:06, (Property Xpress) - PIK Group, one of Russia’s leading residential real estate developers, has announced a trading update for ...   read more
German Group Puts Brasov Residential Building into Operation
October 26, 2010, 8:50, (Property Xpress) - A real estate development company controlled by German capital has commissioned the first of the three ...   read more
O’Key Group Sells Assets to Shareholders
October 26, 2010, 8:04, (Property Xpress) - Russian food retailer O’Key Group has entered into an agreement with structures of its shareholders on the ...   read more
Ukrainian Construction Holding to Reconstruct Lviv Airport
October 26, 2010, 7:33, (Property Xpress) - The Directorate of construction of EURO 2012 facilities in Lviv is in negotiations with Kiev-registered ...   read more

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