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Update: Hotel in Bulgarian Golden Sands Resort Sold for EUR 2.8 mln
November 18, 2009, 14:50, (Property Xpress) - Neven and Milen Raykovi, who bought Astoria Hotel in the Golden Sands resort in Bulgaria at public auction, ...   read more
Serbian Municipality to Establish PPP for Geothermal Resort Development
November 18, 2009, 14:18, (Property Xpress) - A Serbian municipality plans to organize a tender to select a general contractor for the works on the second ...   read more
Auchan to Open Three Hypermarkets in Ukraine by Mid-2010
November 18, 2009, 14:03, (Property Xpress) - Kiev-based Auchan Hypermarket Ukraine, a part of French Auchan Group, will open two hypermarkets in Kiev this ...   read more
Bank to Sell Four-Star Hotel in Croatia
November 18, 2009, 13:49, (Property Xpress) - A Croatian bank is seeking a buyer for a four star accommodation facility estimated around EUR 30 mln and ...   read more
Immoeast Opens Golden Babylon Rostokino in Moscow Today
November 18, 2009, 12:52, (Property Xpress) - Immoeast AG has completed Golden Babylon Rostokino shopping mall in Sviblovo, the most densely populated ...   read more
Planorama Needs USD 5 mln to Resume Construction
November 18, 2009, 12:32, (Property Xpress) - EUR 5 mln is needed so the first two buildings of the Planorama residential project may be completed. This ...   read more
Uncompleted Shopping-Center Put out to Tender
November 18, 2009, 11:30, (Property Xpress) - The uncompleted retail and entertainment complex on Iskrovsky Prospekt in St. Petersburg is to be sold by ...   read more
Turkish Fashion Retailer Launches First European Store
November 18, 2009, 10:38, (Property Xpress) - A major Turkish fashion retailer has already opened its first store in Europe, selling one of its most popular ...   read more
Croatian Tycoon to Put up Medicine Plant near Popovaca
November 18, 2009, 9:51, (Property Xpress) - Croatian milk tycoon Luca Rajic has cofirmed that his newly-established Pharmas company will soon start ...   read more
Inter RAO Spends RUB 1.75 bln on New Office
November 18, 2009, 9:48, (Property Xpress) - As Inter RAO UES’s financial report reads, the company has acquired 97.78 pct of JSC Elektroluch for RUB ...   read more
Construction on St.Petersburg’s Island to Start in 2010
November 18, 2009, 9:18, (Property Xpress) - Construction work on the Isle of St. Petersburg, spread 120 ha, will begin in 2010. The USD two bln ...   read more
Impulse to Build Four Plants in Leningrad Region
November 18, 2009, 8:47, (Property Xpress) - Russian group of companies Impulse has developed a building plan for its own area on the border of the ...   read more
Riu Hotel Chain Affiliates Fifth Lodging Facility in Bulgaria
November 18, 2009, 8:45, (Property Xpress) - Majorcan hotel chain Riu Hotels & Resorts has affiliated its fifth lodging facility in Bulgaria; the four-star ...   read more
Construction Begins on 22,000 sq, m Logistics Project in Bulgaria
November 18, 2009, 7:59, (Property Xpress) - Construction work on a new logistics facility began in Bulgaria in October. The project is an investment of ...   read more
AFI Development Obtains USD 150 mln Loan
November 18, 2009, 7:57, (Property Xpress) - AFI Development, a leading real estate company focused on developing property in Russia and the CIS, has ...   read more
First Stage of Pulkovo Sky Complex in St. Petersburg Put into Operation
November 17, 2009, 14:40, (Property Xpress) - The first building of the B+ class Pulkovo Sky business center has been put into operation. The remaining two ...   read more
Israeli Developer Invests EUR 500 mln in Serbia
November 17, 2009, 14:21, (Property Xpress) - An Israel-based company is launching construction of its first shopping mall in Serbia. The project, estimated ...   read more
Smart Holding Plans to Purchase Amstor Group
November 17, 2009, 13:53, (Property Xpress) - Smart Holding is currently in talks with Amstor Group of Companies shareholders about acquiring shares in ...   read more
Knauf Puts on Hold Building of Plant in Romania
November 17, 2009, 13:30, (Property Xpress) - German company Knauf, a construction materials producer, has postponed building a plasterboard plant in ...   read more
SunCity Mixed-Use Complex Underway in Novosibirsk
November 17, 2009, 12:38, (Property Xpress) - The new mixed-use complex SunCity will be located on Karl Marx Square, in the central business district of ...   read more
EIB to Fund Second Pirelli Plant in Slatina
November 17, 2009, 12:17, (Property Xpress) - Tire manufacturer Pirelli is preparing to start construction of its second factory in Slatina, Romania (about ...   read more
Department Store Dallas Launched in Belgrade
November 17, 2009, 11:38, (Property Xpress) - Tutin-based furniture manufacturer Dallas has leased 4,000 sq. m of retail space at a department store in King ...   read more
Banks Gain Control over RosEvroDevelopment
November 17, 2009, 11:18, (Property Xpress) - A consortium of Gazprombank, Goldman Sachs, and Сitibank is the new owner of the majority share in ...   read more
Completion of South-West Hotel Delayed by End 2010
November 17, 2009, 10:33, (Property Xpress) - Moscow Municipal Council has adopted a decision to put off completion of the South-West business and ...   read more
New Micro-Quarter to be Built in Dnipro
November 17, 2009, 10:07, (Property Xpress) - A new residential micro-quarter named ‘Parus-3’ is planned for Dnipro. This is according to Leopold ...   read more

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