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Vel Pitar to Relocate Bucharest Factory
July 21, 2009, 14:55, (Property Xpress) - Vel Pitar group, a Romanian bakery producer, says it will invest EUR 20 mln over the next three years to build ...   read more
French Auchan Expands Russian Network
July 21, 2009, 14:31, (Property Xpress) - French grocery retailer Auchan plans to expand its Russian operations by opening six new stores this year, ...   read more
Transilvania Constructii Signs EUR 1.4 mln Contract with Cluj County Council
July 21, 2009, 13:49, (Property Xpress) - Romanian Transilvania Constructii SA has concluded a EUR 1.4 mln contract with Cluj County Council for ...   read more
Gebruder Weiss Continues Investment Program in Romania
July 21, 2009, 12:38, (Property Xpress) - The Austrian transport and logistics company Gebruder Weiss (GW) plans to build a logistics center in Sibiu, ...   read more
50-story Mixed-use Scheme under Development in Dnipro, Ukraine
July 21, 2009, 12:08, (Property Xpress) - The highest multifunctional building in the Ukrainian city of Dnipro, with a total area of 227,000 sq. m, is ...   read more
USD 45 mln Logistics Center for Nizhny Novgorod
July 21, 2009, 11:44, (Property Xpress) - About USD 45 mln will be invested in a logistics center in the Nizhny Novgorod region, Alexander Timofeev, ...   read more
Russian Retailer Looking for Sale-leaseback Deal
July 21, 2009, 10:55, (Property Xpress) - A Russian leading grocery retailer is looking for a buyer for some of its Moscow stores. According to the ...   read more
Italian Company to Spend EUR 20 mln for Factory in Croatia
July 21, 2009, 10:31, (Property Xpress) - An Italian group will invest EUR 20 mln in construction of a factory for mineral fertilizers in Croatia. ...   read more
Tander to Develop Shopping Center in Togliatti
July 21, 2009, 9:50, (Property Xpress) - The draft plan for construction of a shopping center on Moskovskiy Prospect in the Russian city of Togliatti ...   read more
Construction Starts on Regional Retail Center in Sliven, Bulgaria
July 21, 2009, 9:32, (Property Xpress) - The building permit has been obtained for a retail project in the secondary Bulgarian city of Sliven. The ...   read more
O’Key Opens in Grand Canyon Mall
July 21, 2009, 9:01, (Property Xpress) - O’Key has opened a new 8,000 sq. m hypermarket in the first floor of the Grand Canyon shopping mall in St. ...   read more
Brownfield Investments Suspended in Cluj, Romania
July 21, 2009, 8:42, (Property Xpress) - A lot of industrial facilities were acquired in the Romanian city of Cluj in 2007. Some have been demolished, ...   read more
KRT to Invest USD 54 mln in Magic Hall Project in Moscow
July 21, 2009, 8:03, (Property Xpress) - The Corporation for the Development of Territories (KRT) is planning to invest USD 54 mln to build an ...   read more
GHM to Open First Hotel in Bulgaria
July 21, 2009, 7:38, (Property Xpress) - GHM (General Hotels Management), with 14 property portfolios in nine countries worldwide, plans to expand to ...   read more
Golden Tulip Opens Second Franchise Location in Cluj, Romania
July 20, 2009, 14:12, (Property Xpress) - Golden Tulip Hotels, Inns & Resorts hotel chain has announced opening its second hotel under the Golden Tulip ...   read more
AFI Development and Chinese Guanda to Invest USD 700 mln in Shopping Scheme in Moscow
July 20, 2009, 13:23, (Property Xpress) - An agreement on joint participation in the establishment of a center for trade and cultural cooperation ...   read more
Abraxus Investments to Avoid Property Development in Romania
July 20, 2009, 12:44, (Property Xpress) - Abraxus Investments, admitted to trading on the PLUS market, has today announced that it will not proceed with ...   read more
Engineering Ecosystems Completes Preparatory Work for Seven Plants in St. Petersburg
July 20, 2009, 12:27, (Property Xpress) - St. Petersburg-based Engineering Ecosystems has completed preparatory work for the Kamenka industrial zone. ...   read more
First Silpo Hypermarket Opens in Ternopol, Ukraine
July 20, 2009, 12:03, (Property Xpress) - The first Silpo hypermarket, with a total area of 8,000 sq. m, opened in Ternopol. The store is located in the ...   read more
Atlas Group Secures Funds for Meljine Project in Montenegro
July 20, 2009, 11:41, (Property Xpress) - Serbian Atlas Group, which a year ago won the tender for the former center of military hospital institutions ...   read more
Business Center Morozov 100 pct Pre-let
July 20, 2009, 11:38, (Property Xpress) - KR Properties has completed the lease campaign for the office space in the A-class Morozov business center. ...   read more
Finnish Retailer to Open 20 Stores in St. Petersburg by 2014
July 20, 2009, 10:57, (Property Xpress) - A Finnish clothes retailer has recently launched its first Russian unit and aims to create a network of twenty ...   read more
Varna Towers Plans New Investment in Varna, Bulgaria
July 20, 2009, 10:53, (Property Xpress) - Bulgarian Varna Towers, developer of the shopping and office center of the same name in the Black Sea city of ...   read more
Macedonia to Tender 13.5 ha for Tourist Resort Development
July 20, 2009, 10:14, (Property Xpress) - The Ministry of Transport and Communications of the Republic of Macedonia has announced the sale of 13.5 ha of ...   read more
Alfa-Group Buys Overdue Debts of Mirax Group
July 20, 2009, 10:11, (Property Xpress) - Alfa-Group, controlled by Mikhail Fridman, has bought the USD 200 mln overdue debts of Mirax Group from Credit ...   read more

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