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PIK Development Declared Bankrupt
July 02, 2010, 10:02, (Property Xpress) - PIK Group’s construction division PIK Development was declared bankrupt today by a decision of the Moscow ...   read more
EUR 50 mln for Croatian Shopping Center
July 02, 2010, 9:40, (Property Xpress) - A Vienna-based company will invest EUR 50 mln to build a shopping center in Croatia. Today, the foundation ...   read more
Victoria in Talks to Acquire Ostrov Retail Chain
July 02, 2010, 8:49, (Property Xpress) - Kaliningrad-based retailer Victoria, which earlier pledged to invest in a network with a turnover of USD ...   read more
Marfin Bank Finances 90,000 Sq. m Mixed-use Scheme in Montenegro
July 02, 2010, 8:26, (Property Xpress) - Greece’s Marfin Bank has announced continuing a loan to fund construction of a large business and ...   read more
NAI Becar Acquires Unfinished Hotel in St. Petersburg
July 02, 2010, 8:09, (Property Xpress) - NAI Becar, controlled by Alexander Sharapov, has bought an unfinished 12-story three-star hotel on 73-75, ...   read more
Decathlon Selects Site for Cluj Store, Plans Massive Expansion into Romania
July 02, 2010, 7:38, (Property Xpress) - French sports retailer Decathlon, privately owned by the founding Mulliez family, will open a 3,200 sq. m ...   read more
Advance Appointed to Design St. Petersburg Shopping Mall
July 01, 2010, 15:43, (Property Xpress) - St. Petersburg-based Advance company has been selected to design the engineering infrastructure of the ...   read more
Eldorado Launches Six Ukrainian Stores on July 1
July 01, 2010, 15:26, (Property Xpress) - Russia’s largest electronics and home appliances retailer Eldorado, today opened eight new supermarkets in ...   read more
Mercator Achieves Leading Market Share Position in Montenegro
July 01, 2010, 14:30, (Property Xpress) - Slovenia’s largest retail chain Mercator yesterday signed a strategic alliance agreement with Pantomarket, ...   read more
Russian Retailer Kopeyka May be Sold to Rivals
July 01, 2010, 13:56, (Property Xpress) - Russian retail house Kopeyka, one of the biggest retailers on the local market may sell its business to a ...   read more
Kiev Prepares Industrial Park Investment
July 01, 2010, 13:29, (Property Xpress) - Kiev Regional Administration has initiated construction of an industrial park in Borispol district, head of ...   read more
Cinema Theater Operator to Enter Croatia, Slovenia
July 01, 2010, 12:57, (Property Xpress) - A European cinema theater operator is preparing to expand its chain into the Balkans, with Croatia as their ...   read more
100,000 Sq. m Mixed-use Scheme Advances in Belgrade City Center
July 01, 2010, 12:03, (Property Xpress) - An international property developer said it is accelerating the procedures for obtaining the necessary ...   read more
Sibir Expocenter Starts Construction of Exhibition Complex
July 01, 2010, 11:06, (Property Xpress) - Sibir Expocenter (Siberia Fairgrounds) has begun construction of the largest exhibition center in the Urals, ...   read more
25,000 Sq. m Department Store to Open in Bucharest
July 01, 2010, 10:25, (Property Xpress) - Cocor department store in Bucharest will reopen on September 23, said Dan Barbulescu, CEO of Cocor SA ...   read more
Sberbank Acquires Seven Pct Share in Home Builder
July 01, 2010, 10:07, (Property Xpress) - Russia’s largest bank Sberbank has indirectly acquired a seven pct share in one of the largest home builders ...   read more
General Motors Invests USD 16 mln in St. Petersburg Distribution Center
July 01, 2010, 9:16, (Property Xpress) - A St. Petersburg company has signed a contract with General Motors Auto to build a 21,300 sq. m warehouse ...   read more
Slovenian Firm to Pour EUR 25 mln in Spa Hotel Development
July 01, 2010, 8:45, (Property Xpress) - A Slovenian company is interested in developing a spa complex in Serbia and investing about EUR 25 mln. The ...   read more
Luzhkov Approves Investment Projects for Bidding in 2010
July 01, 2010, 8:31, (Property Xpress) - Moscow Mayor Yuri Luzhkov has approved a list of investment projects in the capital, which will be put up for ...   read more
150,000 Sq. m Mixed-use Scheme to Break Ground in Belgrade
July 01, 2010, 8:17, (Property Xpress) - Construction work on a 150,000 sq. m high-end residential and commercial project is planned to commence in ...   read more
St. Petersburg Extends Terms for Retail/Leisure Center
July 01, 2010, 8:01, (Property Xpress) - On June 21, St. Petersburg city government passed a resolution to extend the construction term for a 5.5 ha ...   read more
Developer Sees Reasons for Long Term Optimism over Bulgarian Market
July 01, 2010, 7:46, (Property Xpress) - The Black Sea Property Fund (BSPF), an AIM quoted real estate developer active in Bulgaria, has today ...   read more
RostovDonDevelopment to Commission Colosseum Business Center in 2010
June 30, 2010, 14:53, (Property Xpress) - RostovDonDevelopment hopes to complete construction of its 11 story Colosseum business center in Rostov-on-Don ...   read more
Comfy to Roll out Six More Ukrainian Stores in July
June 30, 2010, 14:39, (Property Xpress) - Dnipro-based Vist Service, operating Ukrainian consumer electronic and household appliances retail chain ...   read more
US Firm Plans Industrial Investment in Russia
June 30, 2010, 14:23, (Property Xpress) - A US-based manufacturer of farm equipment is going to expand the company’s presence in Russia. For the ...   read more

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