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Working Group Formed to Design Megamag Mall Second Stage
May 18, 2010, 12:46, (Property Xpress) - The developer of Megamag shopping and entertainment center in Rostov-on-Don, Concern Edinstvo, has concluded a ...   read more
EUR 40 mln Shopping Center to Open in Macedonia
May 18, 2010, 12:20, (Property Xpress) - Greece’s fourth biggest supermarket chain in terms of market share will open its largest shopping center in ...   read more
Kiabi Debuts in Russia
May 18, 2010, 11:28, (Property Xpress) - France-based value-clothing fashion retailer Kiabi will open its first Russian store in Moscow, on an area of ...   read more
USD 20 mln Data Center Planned for Kiev
May 18, 2010, 11:02, (Property Xpress) - A Ukrainian IT services company plans to invest USD 20 mln to establish a data center in the capital city, ...   read more
Cottage Project Starts near St. Petersburg
May 18, 2010, 10:35, (Property Xpress) - Russian company GeoInvest intends to build 303 cottages on a 50 ha lot in Elagino settlement, Lomonosov ...   read more
Bricostore Romania Posts 27 Pct Decrease in Sales in 2009
May 18, 2010, 10:12, (Property Xpress) - French DIY network Bricostore registered a 27 pct decrease in sales in 2009 against 2008, to EUR 178 mln. This ...   read more
Snegiri Development Reveals 2010 Plans
May 18, 2010, 9:13, (Property Xpress) - This year, Russian group Snegiri Development plans to start new projects and unfreeze a number of ...   read more
German Logistics Firm Buys Land in Romania
May 18, 2010, 8:34, (Property Xpress) - A German logistics services provider has purchased a 6.0 ha plot of land in Romania for EUR 1.0 mln. This is ...   read more
Telecommunnication Firm to Acquire 40,000 Sq. m of Office Space
May 18, 2010, 8:12, (Property Xpress) - A Russian telecommunication holding plans to acquire 40,000 sq. m of office space, as it has decided to merge ...   read more
Turkish Firm to Build Skyscrapers in Skopje, Macedonia
May 18, 2010, 8:00, (Property Xpress) - A Turkish company has won the competition to buy 21,100 sq. m of land in Skopje, Macedonia, to develop three ...   read more
Magnit Posts 7.2 Pct Profit Increase in Q1
May 17, 2010, 15:41, (Property Xpress) - Magnit, Russia’s largest retailer in terms of store numbers, said its net profit increased by 7.2 pct in the ...   read more
Montenegrin Hotel Signs Franchise Deal with Hilton
May 17, 2010, 15:22, (Property Xpress) - On Wednesday, Hilton Worldwide (formerly, Hilton Hotels Corporation), a subsidiary of the Blackstone Group, ...   read more
Mavis Begins Residential Project in St. Petersburg
May 17, 2010, 14:55, (Property Xpress) - Investment and construction company Mavis has begun construction of its Mechta (Dream) residential project, ...   read more
Construction on Large-Scale Tourist Resort to Start in Montenegro
May 17, 2010, 14:28, (Property Xpress) - This autumn, construction work on the first phase of a large scale tourist resort will start in Montenegro. ...   read more
Zagreb Airport Plans New Terminal Construction
May 17, 2010, 13:44, (Property Xpress) - A contract with a private partner is expected to be signed by the end of the year, where the firm will operate ...   read more
Update: Sonae Sierra Mulls EUR 100 mln Investment in Serbia
May 17, 2010, 12:59, (Property Xpress) - Portuguese shopping center specialist Sonae Sierra is preparing a mixed-use investment in Belgrade. The ...   read more
Norwegian Real Estate Fund to Enhance Presence in Russia
May 17, 2010, 12:36, (Property Xpress) - A London-based, Norwegian real estate fund, focusing on commercial property investments in the Russian ...   read more
Italians to Invest in Golf Project in Moldova
May 17, 2010, 12:03, (Property Xpress) - A group of Italian entrepreneurs is going to invest in construction of a golf course in the Republic of ...   read more
Five Ski Resorts Planned for Russia
May 17, 2010, 10:24, (Property Xpress) - Five new ski resorts estimated at more than RUB 450 bln are planned to be built in the North Caucasus area by ...   read more
Bulgarian Bank Acquires Leisure Premises in Sandanski
May 17, 2010, 9:55, (Property Xpress) - United Bulgarian Bank, a subsidiary of the Greek-based National Bank of Greece, has purchased leisure premises ...   read more
Moscow Hotel Controlling Share Transferred to Cyprus Offshore
May 17, 2010, 9:39, (Property Xpress) - Last week, the Federal Antimonopoly Service of the Russian Federation (FAS) allowed Cyprus-based Lansgrade ...   read more
Hurdzan Fry to Develop Golf Strategy for Montenegro
May 17, 2010, 9:15, (Property Xpress) - The US-based Hurdzan Fry Environmental Golf Design has won the tender to prepare a golf development strategy ...   read more
RusHydro to Purchase Moscow Office Center
May 17, 2010, 8:45, (Property Xpress) - Russia’s biggest hydro-generating company RusHydro plans to buy a 14,700 sq. m office center on Malaya ...   read more
IKEA to Start Construction on First Bulgarian Store in June
May 17, 2010, 8:16, (Property Xpress) - Construction work on the first IKEA hypermarket in Bulgaria will be launched on June 3 this year, according ...   read more
Russian Firm to Raise Funds for Hotel Project
May 17, 2010, 7:58, (Property Xpress) - A Russian company is going to auction its country park hotel near St. Petersburg in the third quarter of 2010. ...   read more

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