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Developers of Irkutsk Malls Delay Openings
November 19, 2009, 16:43, (Property Xpress) - Owners of Caramel and Jam Mall shopping centers in Irkutsk have decided to postpone their launch dates from ...   read more
Gea Prasa Negotiates Loan to Complete Bucharest Project
November 19, 2009, 16:29, (Property Xpress) - Real estate development company Gea Prasa, controlled by two Spanish families, needs approximately EUR 15 mln ...   read more
New Portuguese Retailer Enters Bulgaria
November 19, 2009, 16:12, (Property Xpress) - A new clothing and fashion accessories brand, which recently started an aggressive international expansion, ...   read more
Auchan Opens in Omsk, Russia
November 19, 2009, 15:43, (Property Xpress) - French retailer Auchan officially opened a hypermarket in Omsk on Thursday, following a RUB 500 mln ...   read more
Seventh Continent to Transfer 15 Pct Share for Debt Restructuring
November 19, 2009, 15:35, (Property Xpress) - The owner of 74.8 pct in Seventh Continent retail chain, Alexander Zanadvorov, has agreed to transfer 15 pct ...   read more
Conarg to Put Rasarit de Soare Project into Operation
November 19, 2009, 15:15, (Property Xpress) - Conarg Real Estate, part of the Romania’s construction holding Conarg, has started delivering its Rasarit de ...   read more
Developer Signs 30-year Lease for 6,000 Sq. m of Retail Space
November 19, 2009, 14:57, (Property Xpress) - A property developer active in Russia has announced opening an extension to its existing Togliatti Park House ...   read more
Swedish Ruric AB to Extend Glinki-Moiki Agreement to 2014
November 19, 2009, 14:26, (Property Xpress) - Swedish company Ruric AB has filed an investment agreement application to extend terms of the Glinki-Moiki ...   read more
St. Petersburg Stock Exchange Acquires 4,000 Sq. m of Commercial Real Estate
November 19, 2009, 14:18, (Property Xpress) - OJSC St. Petersburg Stock Exchange has acquired 4,000 sq. m of commercial real estate in the city from the ...   read more
Depot to Renovate Shopping Centers in Zaporozhye and Nikolaev
November 19, 2009, 14:05, (Property Xpress) - Depot Development Group (DDG, Kiev) plans to renovate and extend two of the shopping centers it currently ...   read more
Makrocap Develops Hotel Chain across Five Ukrainian Cities
November 19, 2009, 13:34, (Property Xpress) - Kharkov-based Makrocap Development Ukraine will develop a EUR 130 mln chain of different class hotels across ...   read more
First O’Key Hypermarket Launched in Moscow
November 19, 2009, 12:43, (Property Xpress) - The St. Petersburg-based retail chain O’Key has opened its first hypermarket in Moscow. The new store is ...   read more
Contractor Awarded EUR 52 mln Mixed-use Building Project in Ukraine
November 19, 2009, 12:34, (Property Xpress) - ESTA Holding, the management company of ESTA Group, part of System Capital Management, has identified the ...   read more
Subway to Increase Number of Restaurants 13 Times
November 19, 2009, 11:13, (Property Xpress) - The Subway fast-food restaurant chain plans to add its 1,000th unit by 2015. According to Kevin Graham, ...   read more
First Reval Hotel Breaks Ground in St. Petersburg Next Week
November 19, 2009, 10:53, (Property Xpress) - The first hotel under the Reval Hotels brand will open in St. Petersburg at the end of next week. It has been ...   read more
Private Equity Investor Acquires Romanian Grocery Retailer for EUR 65 mln
November 19, 2009, 10:40, (Property Xpress) - A private equity investment firm has announced acquiring a grocery retail network in Romania for a total of ...   read more
Three Shopping Centers to Open in St. Petersburg by End-2009
November 19, 2009, 10:33, (Property Xpress) - Three shopping malls with a total bult up area of 94,300 sq. m will be put into operation in St. Petersburg by ...   read more
Therme Olimia to Expand to Macedonia
November 19, 2009, 9:35, (Property Xpress) - Slovenian Terme Olimia plans to expand its operations into Macedonia by building a thermal therapy and ...   read more
Tall Building Planned next to Sofia Airport
November 19, 2009, 9:02, (Property Xpress) - A 10-story building is to be built stretching over a 7,000 sq. m plot, 500 m from Sofia Airport, on Prodan ...   read more
Espro to Construct EUR 50 mln Logistics Park in Russia
November 19, 2009, 8:33, (Property Xpress) - Espro Group intends to build Volskiy Trakt, a class A logistics complex spreading on a 14.5 ha plot in the ...   read more
SPAR Drops Five Stores in Romania
November 19, 2009, 7:57, (Property Xpress) - Retailer SPAR SRL has moved out of five of its stores, developed by Morava, a company owned by Portico ...   read more
X5 Retail Group Decides about Paterson deal by Year End
November 19, 2009, 7:37, (Property Xpress) - X5 Retail Group, Russia’s largest retailer in terms of sales, is to make a decision about the acquisition of ...   read more
Greek Company Builds at Key Locations in Sofia
November 19, 2009, 7:36, (Property Xpress) - A Greek company will develop on some of Sofia’s key boulevards. Two of the buildings will be completed by ...   read more
Eurotek Starts Liquidation of Intermarket Retail Chain
November 18, 2009, 16:15, (Property Xpress) - Eurotek company obtained corporate rights over Intermarket retail chain in Ukraine in March this year and has ...   read more
700-Apartment Complex to be Built near Albena, Bulgaria
November 18, 2009, 16:12, (Property Xpress) - Construction work on a new complex of 700 vacation apartments will start on 10 ha in Rogachevo village, near ...   read more

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