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X5 to Consolidate Market Presence in 2010
November 30, 2009, 11:28, (Property Xpress) - X5 Retail Group aims to increase its retail network by seven to 10 hypermarkets, 15 supermarkets and about ...   read more
Billa Launches Supermarket in Turda, Romania
November 30, 2009, 10:45, (Property Xpress) - Billa supermarket operator, part of the German Rewe group, will open a store in Turda, Romania on Tuesday, ...   read more
Moscow to Auction Land for Family-Leisure Center Development
November 30, 2009, 10:11, (Property Xpress) - A family-leisure center with a hotel is planned to be built in Yuzhnoe Butovo, in southwest Moscow, at ...   read more
Altex Opens in Bucharest Grand Arena Mall
November 30, 2009, 9:40, (Property Xpress) - Romania’s largest electronics, home appliances and IT retailer Altex opened a store in Grand Arena Mall in ...   read more
Five Lots in Sibirskaya Moneta Gaming Zone up for Tender
November 30, 2009, 9:30, (Property Xpress) - The general directorate of economics and investments of the Altai Territory has started accepting applications ...   read more
Developer to Start Construction on Five-Star Hotel in Ukraine
November 30, 2009, 8:55, (Property Xpress) - A Ukrainian development company expects to begin construction of its five-star hotel project in Kiev in 2010, ...   read more
St. Petersburg Approves USD 300 mln PPP Investment
November 30, 2009, 8:37, (Property Xpress) - An international property developer intends to invest about RUB 8.6 bln (USD 300 mln) to build a Palace of ...   read more
EUR 10 mln Retail Center Opens in Gabrovo, Bulgaria
November 30, 2009, 8:23, (Property Xpress) - Bulgarian Terachim 97 has invested approximately EUR 10 mln to build the largest shopping and entertainment ...   read more
Castorama to Launch New Unit in Nizhny Novgorod
November 27, 2009, 11:56, (Property Xpress) - The household and garden items hypermarket chain Castorama plans to launch a new unit in Nizhny Novgorod on ...   read more
New Business Center to Appear in Bourgas, Bulgaria
November 27, 2009, 11:55, (Property Xpress) - A new business and retail center, named ‘Vaya’ (after the nearby lake), will open in the Bulgarian Black ...   read more
Foxtrot to Shut Down More Than 40 Stores in 2009
November 27, 2009, 11:19, (Property Xpress) - Foxtrot is reducing the number of its shops and digital technology supermarkets. Since the beginning of this ...   read more
Maxi Development to Start Two Shopping Centers in 2010
November 27, 2009, 11:18, (Property Xpress) - Maxi Development, one of the leading companies in commercial real estate in the Vologda region, plans to start ...   read more
Gazprom to Buy out St. Petersburg Share in Ohta Center
November 27, 2009, 10:35, (Property Xpress) - Gazprom is expected to buy out the 22.6 pct share of St. Petersburg in Ohta Center project by December, 20. ...   read more
RosInvestHotel Plans Resort Village near Kiev
November 27, 2009, 10:25, (Property Xpress) - The Moscow-based hotel developer and operator RosInvestHotel has announced it intends to start construction of ...   read more
Developer to Extend Bulgarian Storage Facility
November 27, 2009, 9:42, (Property Xpress) - The logistics complex in the Gorna Oryahovitsa industrial area will be repaired and expanded, said park owner, ...   read more
Moscow City Approves 160-Room Hotel Project
November 27, 2009, 9:34, (Property Xpress) - Moscow city authorities have approved a hotel project on Zemlyaniy Val, said chief architect, Alexander ...   read more
Nahodka Retail Chain Rents Stores
November 27, 2009, 9:03, (Property Xpress) - Food retailer X5 Group has rented some of Nahodka’s stores instead of buying them. Six stores of the ...   read more
Construction of Zadar Hilton Hotel Delayed
November 27, 2009, 8:26, (Property Xpress) - Four months after the competition to create the four-star plus Zadar Hilton Hotel conceptual design and ...   read more
JPMorgan Increases Stake in Russian Retailer
November 26, 2009, 13:33, (Property Xpress) - JPMorgan Chase Bank, a nominee shareholder in Magnit retail chain, has increased its stake in the company’s ...   read more
Moscow City Ready by Half in 2010
November 26, 2009, 13:26, (Property Xpress) - Moscow international business center, Moscow City, will be 45 pct ready in 2010, said the President of ...   read more
SPAR Advances in Ukraine
November 26, 2009, 12:46, (Property Xpress) - Spar International, a well-known multi-national retail chain, is continuing expansion into Ukraine despite the ...   read more
Plus Stores Launched in Titu and Buftea, Romania
November 26, 2009, 11:35, (Property Xpress) - Plus discount retailer has launched two new units in Buftea (Ilfov) and Titu (Dambovita county), following a ...   read more
Alfa Bank Lands Stake in Shopping Center
November 26, 2009, 11:34, (Property Xpress) - Alfa-Bank has reached agreement with a development company on restructuring its USD 115 mln debt. USD 90 mln ...   read more
New Hotel Opens in Gelendzhik, Sochi Early 2010
November 26, 2009, 10:16, (Property Xpress) - A new five-story hotel is planned for the Gelendzhik resort town in Sochi, at the beginning of 2010. It will ...   read more
KDD Restructures Loan for Residential Project
November 26, 2009, 10:15, (Property Xpress) - The Ukrainian real estate investment and development holding company KDD Group, announced that it has agreed ...   read more

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