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Crocus Group Hires Manager for USD 100 mln Hotel Project
March 11, 2009, 9:30, (Property Xpress) - Crocus Group has signed a 20-year management contract with an international hotel operator for its 1,000-room ...   read more
Tender on Velika Plaza to Be Announced by End March in Montenegro
March 11, 2009, 9:30, (Property Xpress) - The main tender for tourist evaluation of Velika Plaza near Ulcinja, Montenegro, will be announced by the end ...   read more
U.S. Fund Pays EUR 30 mln for Majority Stake in Romanian Residential Developer
March 11, 2009, 8:55, (Property Xpress) - A foreign investor has acquired a controlling package for EUR 30 mln in real estate developer South Pacific ...   read more
Sochi to Sign EUR 200 Mln Contracts
March 11, 2009, 8:47, (Property Xpress) - Russian Black Sea coast city of Sochi, host of the 2014 Winter Olympics, plans to sign five agreements worth ...   read more
Windsorville Investments Takes Control of BPD
March 11, 2009, 8:10, (Property Xpress) - The Board of Bulgarian Property Developments (BPD) today noted that the announcement made on March 6, 2009 by ...   read more
St. Petersburg Approves High Rise
March 11, 2009, 8:09, (Property Xpress) - The city building committee of St. Petersburg has approved the concept of the multipurpose commercial complex ...   read more
Hilton Hotel Opening Date Announced in Sibiu, Romania
March 10, 2009, 15:53, (Property Xpress) - Romanian businessman Nicolae Minea said the Hilton Sibiu Hotel will be officially opened in approximately one ...   read more
Olympstroy Announces Developer of 1,300-Room Hotel
March 10, 2009, 15:53, (Property Xpress) - Russian state corporation for Olympic building and development of Sochi as an alpine resort, SC Olympstroy, ...   read more
Plots to Be Put on Auction Again in Lviv, Ukraine
March 10, 2009, 15:48, (Property Xpress) - The Lviv City Council intends to auction the ownership rights for six plots for non-agricultural purposes ...   read more
Moscow Makes Second Attempt to Create Hotel JV
March 10, 2009, 15:31, (Property Xpress) - Moscow Mayor Yury Luzkov has signed the order for creation of the 51/49 joint venture OAO Hotel Company with a ...   read more
Techno-park and Hotel Planned for Moscow
March 10, 2009, 14:59, (Property Xpress) - A techno-park with a hotel compound will be developed on Profsoyuznaya Street in Moscow. The scheme will ...   read more
BSGP Acquires Stake in Fabian Romania
March 10, 2009, 14:55, (Property Xpress) - Black Sea Global Properties Limited (BSGP) has shown interest in an over 90 pct stake of Fabian Romania's ...   read more
Asian Investors to Build Plant in Bunardzhik, Macedonia
March 10, 2009, 13:58, (Property Xpress) - South Korean firm TriView and the Chinese Haier Computers have reached agreement to jointly invest in a ...   read more
Five Hotel Openings Planned for 2009 in Yekaterinburg
March 10, 2009, 13:31, (Property Xpress) - Four new hotels will open this year in Yekaterinburg, the press service of the city’s deputy mayor, Victor ...   read more
Contractor Sought for Mixed-use Complex in Varna, Bulgaria
March 10, 2009, 13:10, (Property Xpress) - Procedure for selecting a contractor for development of a mixed-use complex is underway in Bulgaria’s Black ...   read more
Debt-Ridden Samohval Finds Owner
March 10, 2009, 13:06, (Property Xpress) - Russian debt-ridden retailer Samohval, said it has sold its assets and the trade mark, a month after filing a ...   read more
MTI to Invest in New Stores in Ukraine
March 10, 2009, 12:16, (Property Xpress) - Kiev-based firm MTI, owner of the Intertop footwear selling retail chain, intends to invest around USD 10 mln ...   read more
LEK to Complete USD 300 mln Scheme in St. Petersburg
March 10, 2009, 12:13, (Property Xpress) - Russian group of companies LEK plans to complete the Imperial high-rise development project on the Moscow ...   read more
French Retailer to Open Six Hypermarkets in Russia in 2009
March 10, 2009, 11:36, (Property Xpress) - A French retailer plans to open six hypermarkets in Russia in 2009, and is considering more openings if there ...   read more
Novopecherskie Lipki Complex to Open in July in Ukraine
March 10, 2009, 11:33, (Property Xpress) - Ukrainian Development Partners (UDP) intends to put the first two blocks of the residential quarter ...   read more
BLD Reports GBP 1.8 mln Loss in 2008
March 10, 2009, 10:37, (Property Xpress) - Bulgarian Land Development (BLD), residential and commercial property development company, today says it has ...   read more
DVI Holding Freezes Mall Project in Krasnodar to 2011
March 10, 2009, 10:34, (Property Xpress) - Development company DVI Holding has halted the USD 30 mln shopping and entertainment complex in Krasnodar. ...   read more
Metro Division Real Plans Acquisitions in the SEE
March 10, 2009, 9:39, (Property Xpress) - Metro's subsidiary Real, owing 342 stores in Germany and 90 in the SEE, has announced its intention to take ...   read more
Metro Division Real Plans Acquisitions in the SEE
March 10, 2009, 9:36, (Property Xpress) - Metro's subsidiary Real, owing 342 stores in Germany and 90 in the SEE, has announced its intention to take ...   read more
34,000 Sq. m Scheme under Construction in Sofia, Bulgaria
March 10, 2009, 9:09, (Property Xpress) - A new mixed-use complex is under construction in Sofia, well informed sources said. The scheme called ...   read more

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