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Integrated Development Project Planned for St. Petersburg
June 02, 2010, 12:25, (Property Xpress) - An integrated development project, including residential, public and business buildings, will be implemented ...   read more
Grocery Retailer to Resume Bulgarian Expansion
June 02, 2010, 11:37, (Property Xpress) - A grocery retail chain operator said it will resume its expansion in Bulgaria, frozen due to the crisis last ...   read more
Detski Mir Aims to Boost Sales by 20 Pct
June 02, 2010, 11:06, (Property Xpress) - Group of companies Detsky Mir will be seeking to increase its stores by 10 new units and boost sales by 20 pct ...   read more
Podgorica-based Industrial Firm Declared Bankrupt
June 02, 2010, 10:29, (Property Xpress) - One of the oldest Montenegrin companies with 420 employees and EUR 30 mln of debt has been declared bankrupt. ...   read more
Gamma Invest to Extend Europe Mall in Kaliningrad
June 02, 2010, 9:46, (Property Xpress) - Kaliningrad-based Gamma Invest will build the second stage of Europe Mall in the city, slated for completion ...   read more
Aleia Parva Obtains Building Permit in Varna, Bulgaria
June 02, 2010, 9:29, (Property Xpress) - In mid-May, Varna’s chief architect Petar Yordanov signed building permits for five buildings, part of the ...   read more
Tashir Group Acquires Moscow Residential Project
June 02, 2010, 9:05, (Property Xpress) - Russian Tashir group of companies, owner of a shopping centers network, has bought the 100,000 sq. m ...   read more
Serbia to Spend EUR 22 mln for Airport Project
June 02, 2010, 8:37, (Property Xpress) - The Government of Serbia and Nikola Tesla international airport in Belgrade will finance conversion of the ...   read more
Hyatt Affiliates 200-Room Hotel in Sochi
June 02, 2010, 7:57, (Property Xpress) - In late May, Yug Noviy Vek company, part of Snegiri Development and Hyatt International signed a letter of ...   read more
Immoeast Acquires Polus Center Constanta in Romania
June 02, 2010, 7:44, (Property Xpress) - Austrian investment fund Immoeast has bought 85 pct of the Polus Center project in Constanta for EUR 1.0, and ...   read more
Mall of Russia to Open in Q4’2010
June 01, 2010, 15:28, (Property Xpress) - Real estate developer Africa Israel Investments (AFI) has announced it will complete its Mall of Russia ...   read more
International Hotel Chain to Expand Bulgarian Presence
June 01, 2010, 14:42, (Property Xpress) - An international hotel chain has announced it will be seeking to expand its presence in Bulgaria by investing ...   read more
Former Dixy Shareholder Turns to Mass Housing Development
June 01, 2010, 14:18, (Property Xpress) - The former owner of Dixy retail chain, Oleg Leonov, along with the former top manager of the United Aircraft ...   read more
Developer to Build Shopping Malls throughout Ukraine
June 01, 2010, 14:00, (Property Xpress) - A leading European shopping centers developer said it intends to build between 30 and 50 malls in six ...   read more
Romania Invest Fund Completes First Purchase outside Bucharest
June 01, 2010, 13:36, (Property Xpress) - Norwegian fund Romania Invest, based on speculative housing purchases, has announced extending its business to ...   read more
Development Group Regions Unveils Plans
June 01, 2010, 13:08, (Property Xpress) - Russian development group of companies Regions, co-owned by Amiran Mutsoev, has collected 1.6 million sq. m of ...   read more
Ukrainian MikMaks Restaurant Chain in Expansion Mode
June 01, 2010, 12:18, (Property Xpress) - Kiev-based MikMaks, established in 2010 to develop a fast food restaurant chain, plans to operate 26 outlets ...   read more
Marcor-Neva-Hotel to Build Hotel Complex in St. Petersburg
June 01, 2010, 11:53, (Property Xpress) - Marcor-Neva-Hotel will relocate the St. Petersburg-based City Dental Clinic number 4 and build a hotel in its ...   read more
Strabag Awarded EUR 62 mln Contract in Romania
June 01, 2010, 10:52, (Property Xpress) - Vienna-based construction company Strabag has won a large order in Romania. The company has signed an ...   read more
OBI to Open Store in Moscow
June 01, 2010, 10:36, (Property Xpress) - OBI, a leading European DIY and garden retailer, will open a 4,500 sq. m hypermarket in the Moscow-based ...   read more
Romanian Businessman to Acquire 83 Ha Site in Bucharest
June 01, 2010, 10:25, (Property Xpress) - A Romanian businessman, operating in the commercial real estate development market in the country, is about to ...   read more
Rezidor to Operate Park Inn Voronezh
June 01, 2010, 9:21, (Property Xpress) - Rezidor Hotel Group, an international hospitality management company, today announced its new Park Inn Hotel ...   read more
Pivovarna Lasko to Sell Share in Mercator
June 01, 2010, 9:08, (Property Xpress) - Slovenian company Pivovarna Lasko will have to start to repay bank loans, which reached EUR 170 mln after a ...   read more
TNK-BP Leases 37,700 Sq. m at Nordstar Tower
June 01, 2010, 8:48, (Property Xpress) - British-Russian oil company TNK-BP has entered into a lease agreement to occupy 37,700 sq. m of office space ...   read more
Developer Secures USD 12 mln to Commence Five-star Hotel Project in Kiev
June 01, 2010, 8:37, (Property Xpress) - A Ukrainian real estate developer today announced it has secured USD 12 mln in funding to begin development of ...   read more

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