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Budva Seeks Strategic Partner for Amusement Park Development
October 29, 2009, 12:41, (Property Xpress) - The Montenegrin municipality of Budva has invited interested investors to become a strategic partner with ...   read more
Magnit Raises USD 527 mln in Second Share Issue
October 29, 2009, 12:28, (Property Xpress) - Russian grocery retailer Magnit has raised USD 527 mln in a secondary share issue, with strong demand from ...   read more
Construction Starts on 85,000 sq. m Mixed-use Project in Slovenia
October 29, 2009, 11:51, (Property Xpress) - Construction work on an 85,000 sq. m business-residential complex has started in Ljubljana, Slovenia. The ...   read more
PRV Group Leases Space in MLP-Podolsk
October 29, 2009, 11:00, (Property Xpress) - In September 2009, MLP development company entered a five-year lease agreement with PRV Group, a logistics ...   read more
Historic Building in St. Petersburg Sold for USD 2.5 mln
October 29, 2009, 10:32, (Property Xpress) - The Property Fund of St. Petersburg has re-sold the building of the former Palace of Culture Imeni Tsurupy on ...   read more
O’Key to Anchor Smile Shopping Center in St. Petersburg
October 29, 2009, 10:06, (Property Xpress) - Investment company Donk is completing construction of the Smile shopping center in the Nevsky district of St. ...   read more
Mercator Named Likely Buyer of Croatia’s Getro
October 29, 2009, 9:56, (Property Xpress) - According to unofficial sources, the owner of Croatia’s Getro cash & carry chain Vjekoslav Gucic and Ziga ...   read more
Electronics Retailer Domo Registers Sales Growth in Q3’2009
October 29, 2009, 9:13, (Property Xpress) - Electronics and home appliances retailer Domo reported sales of EUR 112 mln for the first nine months of this ...   read more
Investor Raises GBP 65 mln for Montenegrin Tourism Project
October 29, 2009, 9:07, (Property Xpress) - A GBP 150 mln real estate investment has been announced for Montenegro. The project will include a 200-room ...   read more
Alex Fitness Expands to Moscow
October 29, 2009, 8:42, (Property Xpress) - St. Petersburg network Alex Fitness will expand to Moscow, planning to launch at least 10 new outlets by the ...   read more
Costa Coffee Opens First Own Unit is St. Petersburg
October 28, 2009, 13:52, (Property Xpress) - Brava, a joint venture of the UK-based Whitbread PLC and Russia’s Rosinter Restaurants Holding, has opened ...   read more
Auchan Hypermarket to Appear in Southeast Moscow
October 28, 2009, 13:41, (Property Xpress) - A new multi-functional shopping center is being built in the southeastern part of Moscow, on the site of ...   read more
Giorgio Armani Plans New Boutique Openings in Russia
October 28, 2009, 13:08, (Property Xpress) - Italian fashion house Giorgio Armani has decided to open three new boutiques in Russia as well as increasing ...   read more
MiniMax Opens 30th Romanian Store
October 28, 2009, 12:55, (Property Xpress) - MiniMax discount chain today opened a new store in Bacau, Romania following a total investment of EUR 250,000. ...   read more
Gloria Jeans Turns to the Retail Business
October 28, 2009, 12:15, (Property Xpress) - The largest clothing manufacturer in Russia, Gloria Jeans, has completely abandoned the wholesale trade, ...   read more
Microsoft Considers Opening Romanian Lab
October 28, 2009, 11:57, (Property Xpress) - US software giant Microsoft is considering opening a software lab in Romania, and will choose between two ...   read more
X5 Receives Consent on Paterson Acquisition, Plans to Proceed with Negotiations
October 28, 2009, 11:06, (Property Xpress) - X5 Retail Group N.V., Russia’s largest retailer in terms of sales, today announced it has received ...   read more
Engel East Europe Suffers Liquidity Problems
October 28, 2009, 10:55, (Property Xpress) - Engel East Europe N.V., an AIM-listed Central and Eastern European property developer, today announced it will ...   read more
Novosibirsk Approves Development of Tolmachevo Park
October 28, 2009, 10:20, (Property Xpress) - Governor of the Novosibirsk region Victor Tolokonsky, has approved a comprehensive plan for the future ...   read more
0.06 ha Site in Downtown Sofia Sold for EUR 800,000
October 28, 2009, 10:16, (Property Xpress) - A Bulgarian businessman has sold a 0.06 ha site in the central part of Sofia, Bulgaria for EUR 800,000. The ...   read more
Construction to Start on Mandarin Leisure Project in Sochi
October 28, 2009, 9:16, (Property Xpress) - Russian development company Expo is planning to start construction work on the Mandarin recreational, cultural ...   read more
Unilever Leases 30,000 sq. m of Storage Space in Romania
October 28, 2009, 9:08, (Property Xpress) - Unilever, one of the leading manufacturers of consumer goods on the Romanian market, with a business of almost ...   read more
New Fund to Invest in Croatia
October 28, 2009, 8:52, (Property Xpress) - A U.K.-based property developer, active in Central and Eastern Europe, has launched a new EUR 25 mln fund to ...   read more
Japanese Restaurant Network Targets 100 Units by 2012
October 28, 2009, 8:20, (Property Xpress) - A Japan’s company is going to develop the Russia’s largest chain of Japanese restaurants by 2012, said CEO ...   read more
Airline Company to Invest EUR 500,000 in Skopje Hotel
October 27, 2009, 14:30, (Property Xpress) - An airline company will invest EUR 500,000 in construction of a small hotel near Alexander the Great Airport ...   read more

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