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X5 Retail Group Opens Karusel Hypermarket in Rostov Region
February 02, 2010, 11:56, (Property Xpress) - X5 Retail Group opened a 13,000 sq. m Karusel hypermarket in the Rostov region on Monday. The facility has a ...   read more
Avrig 35 to Develop Retail Park in Bucharest
February 02, 2010, 11:36, (Property Xpress) - Avrig 35 real estate development group, run by businessman Alexander Hergan, will develop an Auchan ...   read more
Ukrainian Developer to Start USD 150 mln Mall Project
February 02, 2010, 10:50, (Property Xpress) - A Ukrainian real estate developer said it plans to invest USD 150 mln to build a Kiev shopping and ...   read more
Alfa-Group Sells Moscow Downtown Office Center for USD 45 mln
February 02, 2010, 10:12, (Property Xpress) - A1, the investment division of Russia’s Alfa-Group, has closed a deal to sell a business center at Krasnaya ...   read more
McDonald’s to Spend USD 135 mln for Russian Openings
February 02, 2010, 9:43, (Property Xpress) - The world’s largest chain of fast food restaurants, McDonald’s plans to invest about USD 135 mln to open ...   read more
Argo Real Estate Announces Final Results for 2009 FY
February 02, 2010, 9:35, (Property Xpress) - Argo Real Estate Opportunities Fund, a closed-ended investment company investing primarily in the commercial ...   read more
Modatim Contracts EUR 7.6 mln Loan for Timisoara Office Center
February 02, 2010, 8:06, (Property Xpress) - Modatim Investment has contracted a EUR 7.6 mln loan from BCR to develop the third office building of the City ...   read more
German Fund to Sell Russian Land Portfolio
February 02, 2010, 8:05, (Property Xpress) - A German investment fund intends to withdraw from its Russian land investments within 12 to 24 months, ...   read more
Benetton Signs EUR 7.5 mln Investment Agreement in Russia
February 01, 2010, 16:17, (Property Xpress) - Italian apparel manufacturer and retailer Benetton will invest EUR 7.5 mln for construction of a retail center ...   read more
Seventh Continent to Launch 14 Stores in 2010
February 01, 2010, 15:43, (Property Xpress) - Russian grocery retailer Seventh Continent will open 14 new stores this year driven by the company’s ...   read more
Clubhouse Group to Build 200-Room Hotel in Kiev
February 01, 2010, 15:25, (Property Xpress) - Clubhouse Group Holdings, a British Virgin Islands-incorporated hotel operator, is planning to begin ...   read more
Setl City Borrows USD 33 mln to Develop Housing Estate
February 01, 2010, 15:07, (Property Xpress) - Russian Setl City, a subsidiary of Setl Group, will attract a credit line from Bank Saint Petersburg for RUB ...   read more
German DIY Retail Chain to Enter Serbia
February 01, 2010, 14:55, (Property Xpress) - A German DIY retail chain said it is planning to open its first Serbian store at the end of 2011 or at least ...   read more
Bierre Lumiere Holding Acquires Development Project in St. Petersburg
February 01, 2010, 14:13, (Property Xpress) - Swiss investment and development company Bierre Lumiere Holding has acquired a development project at ...   read more
Esplanada Mixed-use Center to Open in Autumn’2010
February 01, 2010, 13:51, (Property Xpress) - Ukraine-based Mandarin Plaza plans to open an Esplanada office, retail and entertainment center in the Kiev ...   read more
Tri Investments Completes Second Romanian Acquisition
February 01, 2010, 13:04, (Property Xpress) - British fund Tri Investments, which acquired the Bucharest Pearl Residence in September last year, completed a ...   read more
South Korean Firms to Develop Airport Master Plan
February 01, 2010, 12:42, (Property Xpress) - Incheon International Airport Corporation and Daewoo Engineering have started developing the master plan of ...   read more
Atlas Pays EUR 24 mln for Ownership Rights in Montenegro
February 01, 2010, 11:53, (Property Xpress) - Serbian Atlas Group has formally and legally assumed ownership of the military hospital in Meljine, ...   read more
St. Petersburg to Auction 102 Ha in Kamenka
February 01, 2010, 11:14, (Property Xpress) - The Property Fund of St. Petersburg has announced an auction to sell lease rights over 102.6 ha of land on ...   read more
Vivacom Sells Sofia Landmark Building for EUR 22.5 mln
February 01, 2010, 10:42, (Property Xpress) - Vivacom, formerly known as Bulgarian Telecommunications Company (BTC), has signed a preliminary agreement with ...   read more
Construction on Second Azov-City Casino to Start in March
February 01, 2010, 9:53, (Property Xpress) - Construction work on a second casino in the Krasnodar gambling zone Azov-City is scheduled to begin in March. ...   read more
Ukrainian Investment Group Buys 70 Pct in Local Grocery Retailer
February 01, 2010, 9:25, (Property Xpress) - A Ukraine-based diversified investment holding company with operations covering a broad spectrum of ...   read more
Scandinavian Wenaasgruppen Acquires Moscow Hotel
February 01, 2010, 8:59, (Property Xpress) - Wenaas Hotel Russia AS, part of Scandinavian real estate investment group Wenaasgruppen A/S, has acquired ...   read more
Construction on 100,000 sq. m Mixed-use Scheme Starts in Sarajevo, Bosnia and Herzegovina
February 01, 2010, 8:07, (Property Xpress) - Construction work on a 105,410 sq. m mixed-use scheme has started in Sarajevo. The project includes a shopping ...   read more
Retailers Eye Russian Expansion
February 01, 2010, 8:07, (Property Xpress) - According to representatives of Cushman & Wakefield’s Moscow office, the Russian retail market has seen a 20 ...   read more

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