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Lidl Continues Bulgarian Expansion
August 03, 2009, 7:56, (Property Xpress) - German supermarket chain Lidl will build a 1,400 sq. m store in the Bulgarian town of Stara Zagora, near the ...   read more
St. Petersburg Gives Nod to Piterland Project
August 03, 2009, 7:42, (Property Xpress) - St. Petersburg authorities have approved the Piterland project, foreseeing development on 80 ha, near the park ...   read more
Ukrainian Developer to Sell Stakes in Seven Commercial Properties
August 03, 2009, 7:32, (Property Xpress) - A Ukrainian investment and development company plans to sell stakes in seven commercial properties by the end ...   read more
Luxury Retailer Mercury Launches Outlet Chain
August 03, 2009, 7:07, (Property Xpress) - Mercury, the biggest luxury goods retailer in Russia, plans to launch a chain of discounters under the TSUM ...   read more
Russian Government Allocates USD 3.0 bln in Olympstroy
July 31, 2009, 14:52, (Property Xpress) - Russian PM Vladimir Putin has signed a decree authorizing the government to allocate more than RUB 98.7 bln ...   read more
Ikea Keeps Plans for Split Store Opening
July 31, 2009, 14:23, (Property Xpress) - Swedish furniture giant Ikea has retained its plan to open a store in Split, Croatia. The company ...   read more
Nagatino-ZIL Project Delayed Due to Lack of Funds
July 31, 2009, 13:46, (Property Xpress) - Implementation of the Nagatino-ZIL project in Moscow has been postponed due to lack of funds. Currently, ...   read more
Investment Company to Carry out Tender for Prime Contractor
July 31, 2009, 13:03, (Property Xpress) - A local investment and development company plans to carry out an open tender by August 30, to select a prime ...   read more
EUR 40 mln for Leisure Development in Croatia
July 31, 2009, 12:57, (Property Xpress) - A water amusement park estimated at EUR 40 mln will be developed in Dugopolje, Split-Dalmatia County in ...   read more
Developer in Search for Investors in Bucharest Residential Complex
July 31, 2009, 12:11, (Property Xpress) - An Israeli real estate development group is in search for investors to finance its 414-unit residential ...   read more
Russian Head Coach Irina Viner to Debut in Development
July 31, 2009, 11:50, (Property Xpress) - Russian leading coach Irina Viner, wife of businessman Alisher Usmanov, will debut on the development market ...   read more
New Five Star Hotel Opens in Moscow in 2010
July 31, 2009, 11:07, (Property Xpress) - A five star hotel in central Moscow is scheduled to open in early 2010, as the second stage of a USD 320 mln ...   read more
Alexander Mamut Takes Control of Spar Moscow
July 31, 2009, 10:12, (Property Xpress) - Russian entrepreneur Alexander Mamut has become owner of a 61 pct stake in Spar Moscow Holding, developing the ...   read more
Investment Fund Eyes Acquisition Opportunities in Bulgaria
July 31, 2009, 10:07, (Property Xpress) - A real estate investment fund, focused on Bulgaria, Romania and countries outside the EU, is close to signing ...   read more
New Shopping Center Planned for Osijek
July 31, 2009, 9:27, (Property Xpress) - A new shopping center will be developed on the lot, where construction of a Kaufland unit was projected in the ...   read more
Moscow Says No China Retail Center Within City Line
July 31, 2009, 8:36, (Property Xpress) - A big Chinese retail center could be developed only beyond the Moscow outer ring road (MKAD), the mayor press ...   read more
St. Petersburg Region to Tender 200,000 Sq. m Lots
July 31, 2009, 8:18, (Property Xpress) - The property fund of the St. Petersburg region will auction two lots of 200,000 sq. m in the village of ...   read more
Cefin Corrects Romanian Development Plan
July 31, 2009, 8:13, (Property Xpress) - Cefin Real Estate Asset Management, part of the Italian Cefin group, is in negotiations with the Austrian ...   read more
Greek Investor to Spend EUR 33 mln on Bulgarian Office Project
July 31, 2009, 7:10, (Property Xpress) - A Greek banking group said it will spend EUR 33 mln for development of an office project, after it acquired a ...   read more
Sheremetyevo Signs Memorandum With VEB for Vladivostok Terminal
July 31, 2009, 7:07, (Property Xpress) - International airport Sheremetyevo signed a memorandum on Friday with Vnesheconombank (VEB) for partnership to ...   read more
Marriottt Eyes Acquisition Opportunities
July 30, 2009, 14:25, (Property Xpress) - Marriottt International plans to take advantage of the crisis and focus on acquiring hotel operations from ...   read more
Marriottt Eyes Acquisition Opportunities
July 30, 2009, 14:24, (Property Xpress) - Marriottt International plans to take advantage of the crisis and focus on acquiring hotel operations from ...   read more
Italian Group to Develop EUR 400 mln Mixed-use Project in Romania
July 30, 2009, 13:55, (Property Xpress) - An Italian group intends to carry out a EUR 400 mln mixed-use scheme combining residential and retail areas in ...   read more
Mir Retail Chain Closes Unprofitable Units
July 30, 2009, 12:58, (Property Xpress) - The fourth-largest Russian electronics goods retailer Mir, has been forced to close some of its hypermarkets. ...   read more
Gallery Chizhov Changes Concept for Voronezh Scheme
July 30, 2009, 12:34, (Property Xpress) - Russian developer Gallery Chizhov has changed the concept of its Voronezh-based multipurpose complex, the ...   read more

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