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CA Immo’s Romanian Assets See Big Drops in Value
December 07, 2009, 12:47, (Property Xpress) - The three office buildings owned by CA Immo in Bucharest were assessed at EUR 91 mln in late September, down ...   read more
Alfa-Bank Lends USD 15 mln to St. Petersburg Development Group
December 07, 2009, 11:34, (Property Xpress) - Alfa-Bank has opened a USD 15 mln revolving credit line for a Russian development company. The maturity period ...   read more
Technopolis Opens Its Largest Bulgarian Hypermarket
December 07, 2009, 10:48, (Property Xpress) - Hypermarket chain Technopolis, specializing in selling black, white, office and IT technique, officially ...   read more
IKEA Sets Launch Date for Voronezh Mega Mall
December 07, 2009, 10:11, (Property Xpress) - Swedish concern IKEA intends to put its Mega shopping and entertainment center into operation in Voronezh in ...   read more
Cometex: Nine-Month Revenues Double
December 07, 2009, 9:17, (Property Xpress) - Altex group’s real estate arm Cometex, held by Romanian businessman Dan Ostahie, reached RON 19.7 mln (EUR ...   read more
EUR 4.2 mln Ferrari Store Opens in Bucharest
December 07, 2009, 8:58, (Property Xpress) - The first Ferrari store in Romania was opened in downtown Bucharest, on Calea Victoriei on December 5, ...   read more
Ukrainian Government Transfer USD 7.0 mln for Euro 2012 Infrastructure Projects
December 07, 2009, 8:34, (Property Xpress) - The Ukrainian government has transferred UAH 28.8 (USD 3.6 mln) for the Lviv Airport construction, UAH 20 mln ...   read more
Five-Star Hotel Planned for Vladivostok, Russia
December 07, 2009, 8:30, (Property Xpress) - An ambitious development proposal was discussed at a meeting of Vladivostok Town Planning Board on Thursday, ...   read more
Macromex to Invest EUR 20 mln in Distribution Center
December 04, 2009, 16:46, (Property Xpress) - Macromex, Romania’s largest player in the frozen and refrigerated product distribution market, will start ...   read more
Kievzhilstroy to Develop Year Round Resort
December 04, 2009, 13:59, (Property Xpress) - Ukrainian Kievzhilstroy company plans to develop a year-round resort in Snitynka village Fastivsky region on ...   read more
New Hilton Hotel under Way in Russia
December 04, 2009, 13:46, (Property Xpress) - A new Hilton-branded accommodation facility will be developed in Russia. The hotel project will be implemented ...   read more
Delhaize Group Launches New Supermarket Concept in Romania
December 04, 2009, 13:31, (Property Xpress) - Mega Image, a member of Delhaize Group, will launch a new supermarket concept in Romania by opening Red Market ...   read more
International Retailer Debuts in Russia
December 04, 2009, 13:07, (Property Xpress) - An international casual wear retailer will debut on the Russian market at the beginning of 2010. The company ...   read more
Nutrition Company to Build Distribution Center in Russia
December 04, 2009, 12:40, (Property Xpress) - A leading global nutrition company is considering building a distribution facility in Russia and currently ...   read more
Investment Funds Cautious on Romania
December 04, 2009, 11:32, (Property Xpress) - A new real estate fund is being established in Romania, targeting a 15 pct return on investments. The first ...   read more
USD 20 mln Cottage Town under Development in Koncha Zaspa, Ukraine
December 04, 2009, 10:40, (Property Xpress) - By the end of summer 2010, Solnechniy Luch cottage settlement will be commissioned in Kozin village, ...   read more
X5 Completes Paterson Chain Acquisition
December 04, 2009, 10:05, (Property Xpress) - X5 Retail Group today announced that it has completed acquisition of the Paterson supermarket chain. X5 ...   read more
Lev Leviev to Sell Moscow Jewelry Factory to Pay off Debts
December 04, 2009, 9:34, (Property Xpress) - Lev Leviev is about to sell Moscow Jewelry Factory to pay off debts owed to Israeli banks, the newspaper ...   read more
Apolodor to Start New Residential Project in Romania
December 04, 2009, 9:13, (Property Xpress) - Romanian company Apolodor Comimpex, specializing in building demolition, infrastructure works and real estate ...   read more
Sberbank Lends RUB 16 bln to PIK Group
December 04, 2009, 8:45, (Property Xpress) - PIK Group has signed a deal with Russian savings bank Sberbank to provide it with RUB 16 bln for five years. ...   read more
Construction Starts on Shopping Mall in Bulgaria
December 03, 2009, 16:27, (Property Xpress) - Work has recently started on a shopping mall in Bulgaria and the project has not yet appointed a general ...   read more
45,000 Sq. m Shopping Mall Opens in Belgorod
December 03, 2009, 16:03, (Property Xpress) - A new shopping and entertainment complex has opened on Bogdan Khmelnytsky Boulevard in Belgorod. The Rio Mall, ...   read more
IGH Drops out of Zagrepchanka Land Purchase
December 03, 2009, 15:51, (Property Xpress) - Civil Engineering Institute of Croatia (IGH) has dropped out of buying half of the Zagrepcanka land, for which ...   read more
Voronezh Industrial Project Receives Government Support
December 03, 2009, 15:13, (Property Xpress) - Voronezh region will receive RUB 500 mln from the Investment Fund of Russia to establish Maslovska industrial ...   read more
New Yorker and Hugo Boss Open Next Stores in Romania
December 03, 2009, 14:42, (Property Xpress) - German fashion retailer New Yorker will open its 10th store in Romania on December 5. The unit will occupy 800 ...   read more

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