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Subway to Increase Number of Restaurants 13 Times
November 19, 2009, 11:13, (Property Xpress) - The Subway fast-food restaurant chain plans to add its 1,000th unit by 2015. According to Kevin Graham, ...   read more
First Reval Hotel Breaks Ground in St. Petersburg Next Week
November 19, 2009, 10:53, (Property Xpress) - The first hotel under the Reval Hotels brand will open in St. Petersburg at the end of next week. It has been ...   read more
Private Equity Investor Acquires Romanian Grocery Retailer for EUR 65 mln
November 19, 2009, 10:40, (Property Xpress) - A private equity investment firm has announced acquiring a grocery retail network in Romania for a total of ...   read more
Three Shopping Centers to Open in St. Petersburg by End-2009
November 19, 2009, 10:33, (Property Xpress) - Three shopping malls with a total bult up area of 94,300 sq. m will be put into operation in St. Petersburg by ...   read more
Therme Olimia to Expand to Macedonia
November 19, 2009, 9:35, (Property Xpress) - Slovenian Terme Olimia plans to expand its operations into Macedonia by building a thermal therapy and ...   read more
Tall Building Planned next to Sofia Airport
November 19, 2009, 9:02, (Property Xpress) - A 10-story building is to be built stretching over a 7,000 sq. m plot, 500 m from Sofia Airport, on Prodan ...   read more
Espro to Construct EUR 50 mln Logistics Park in Russia
November 19, 2009, 8:33, (Property Xpress) - Espro Group intends to build Volskiy Trakt, a class A logistics complex spreading on a 14.5 ha plot in the ...   read more
SPAR Drops Five Stores in Romania
November 19, 2009, 7:57, (Property Xpress) - Retailer SPAR SRL has moved out of five of its stores, developed by Morava, a company owned by Portico ...   read more
X5 Retail Group Decides about Paterson deal by Year End
November 19, 2009, 7:37, (Property Xpress) - X5 Retail Group, Russia’s largest retailer in terms of sales, is to make a decision about the acquisition of ...   read more
Greek Company Builds at Key Locations in Sofia
November 19, 2009, 7:36, (Property Xpress) - A Greek company will develop on some of Sofia’s key boulevards. Two of the buildings will be completed by ...   read more
Eurotek Starts Liquidation of Intermarket Retail Chain
November 18, 2009, 16:15, (Property Xpress) - Eurotek company obtained corporate rights over Intermarket retail chain in Ukraine in March this year and has ...   read more
700-Apartment Complex to be Built near Albena, Bulgaria
November 18, 2009, 16:12, (Property Xpress) - Construction work on a new complex of 700 vacation apartments will start on 10 ha in Rogachevo village, near ...   read more
MirLand Turns to USD 16.4 mln Loss in Q3 2009
November 18, 2009, 15:39, (Property Xpress) - MirLand Development Corporation, a leading property developer in Russia, today announced its interim results ...   read more
Delovoy Partner Plus to Acquire Plot in Veliky Novgorod
November 18, 2009, 15:31, (Property Xpress) - The auction for sale of a land plot of 1,285 sq. m located in Derevyatzky area in Veliky Novgorod, will be ...   read more
ISTIL Acquires Ukrainian Project for EUR 35 mln
November 18, 2009, 15:16, (Property Xpress) - ISTIL Real Estate, the real estate development division of Kiev-registered ISTIL Group has completed ...   read more
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

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