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X5 Reports Expands Loss to USD 3.1 mln in 2008
April 27, 2009, 13:28, (Property Xpress) - Kiev-based X5 Retail Group Ukraine, developing the supermarket chain Perekrestok, deepened it loss eight times ...   read more
First Nike Outlet in Russia to Open in St. Petersburg
April 27, 2009, 13:26, (Property Xpress) - U.S. sporting goods producer Nike has signed a contract for 860 sq. m retail space in the St. Petersburg-based ...   read more
Billa to Extend Ukrainian Network
April 27, 2009, 12:57, (Property Xpress) - Billa Ukraine plans to open seven new supermarkets in the country by the end of the year, bringing the total ...   read more
Dedeman to Quadruple Turnover to EUR 1.0 bln by 2015
April 27, 2009, 12:27, (Property Xpress) - DIY retailer Dedeman hopes to quadruple its turnover to EUR 1.0 bln in 2015, with a network expected to reach ...   read more
McDonald’s in Talks for Land in Yekaterinburg
April 27, 2009, 12:09, (Property Xpress) - Fast-food chain McDonald’s is in talks with local administration for allocation of land lots for restaurant ...   read more
Hilton Gets Nod for Doubletree Hotel Project
April 27, 2009, 11:57, (Property Xpress) - International hotel operator Hilton got the green light for a luxury Doubletree Hilton hotel project in the ...   read more
IKEA Halts EUR 19 mln Plant Development in Karelia
April 27, 2009, 11:26, (Property Xpress) - Swedish furniture maker IKEA has stopped development of its furniture components plant, estimated at EUR 19 ...   read more
International Developer Gets EUR 15 mln for Romanian Project
April 27, 2009, 11:07, (Property Xpress) - The local arm of an international development group, specializing in civil engineering, has received EUR 15 ...   read more
Moscow Signs with Starwood to Change Hotel National Brand
April 27, 2009, 10:36, (Property Xpress) - The government of Moscow has signed an agreement with the international hotel manager Starwood Hotels & ...   read more
Commercial Group’s Division to Enter Croatia by Mall Project
April 27, 2009, 10:16, (Property Xpress) - The mall operator division of one of Europe’s commercial groups has announced plans to arrive in Croatia by ...   read more
Prime Contractors Sought for Over Million Sq. m Residential Development
April 27, 2009, 10:12, (Property Xpress) - Two tenders to select prime contractors for over 1.2 million sq. m residential developments will be announced ...   read more
Svit Ltd to Build Hotel in Yalta, Ukraine
April 27, 2009, 9:28, (Property Xpress) - Yalta-based Svit Ltd plans to build a hotel on Ignatenko Street, Yalta by March 2012. To finance the project, ...   read more
Russian Repair Goods Retailer Sells 25 Pct Stake
April 27, 2009, 9:06, (Property Xpress) - A Russian repair and home improvement goods retailer has sold up to to 25 pct stake of its business to ...   read more
Two Schemes Planned for Yauza River Bed
April 27, 2009, 8:55, (Property Xpress) - A mixed use-scheme and garage complex with offices will be developed in the floodplain of the Yauza River in ...   read more
Tus Supermarket Opens in Doboj, Bosnia and Herzegovina
April 27, 2009, 8:54, (Property Xpress) - Slovenian Tus Holding has opened its first supermarket in Doboj, Bosnia and Herzegovina. The outlet has a ...   read more
Overline Group to Manage President Hotel in Kiev
April 27, 2009, 8:37, (Property Xpress) - Odessa-based Overline owner Boris Kaufmann is extending his development projects in Ukraine, after Kvadr ...   read more
KIT Finance Sells Stores of Bankrupted Chain
April 27, 2009, 8:04, (Property Xpress) - Russian bank KIT Finance has sold 20 of their 64 stores and the brand of bankrupted accessories chain Pur Pur, ...   read more
Romanian Developer to Attract EUR 20 mln
April 27, 2009, 7:41, (Property Xpress) - A Romanian developer will seek to borrow EUR 20 mln, including asset capital, bank loans and bond issues ...   read more
Korean Car Maker Seeks USD 331 mln for Russian Plant
April 27, 2009, 7:34, (Property Xpress) - A South-Korean car maker, which last year announced plans for a new production facility in St. Petersburg ...   read more
Greek Group Starts EUR 130 mln Projects in Bulgaria
April 24, 2009, 14:27, (Property Xpress) - A Greek group has received the construction permit and started construction work over EUR 130 mln worth ...   read more
Foreign Fund Buys 30 pct in Russian Developer
April 24, 2009, 14:17, (Property Xpress) - A foreign fund has announced it has acquired a 30 pct stake in one of the leading real estate development ...   read more
EUR 60 mln Retail Center Opens in Bourgas, Bulgaria
April 24, 2009, 14:09, (Property Xpress) - A new retail center has become operational in the Bulgarian Black Sea port city of Bourgas, following an ...   read more
Update: IKEA Selects Plant Spot in Serbia
April 24, 2009, 13:45, (Property Xpress) - Representatives of Swedish furniture maker IKEA arrived in Serbian Loznica to select location for construction ...   read more
Update: Russian Developer to Invest USD 50 mln in Six New Retail Brands
April 24, 2009, 13:41, (Property Xpress) - A Russian developer, active in retail center construction, says it plans to invest about USD 50 mln this year ...   read more
New Cinema Opening in Russia Slowed Down
April 24, 2009, 13:08, (Property Xpress) - Only 60 new cinema halls were opened in the first quarter of 2009, compared to the 116 in the same period of ...   read more

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