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Mercator Acquires Local Retailer, Enters Macedonia
July 23, 2009, 9:11, (Property Xpress) - Slovenia’s largest food retailer Mercator, continues penetrating the Balkans market. The chain has acquired ...   read more
OPIN Offers USD 250 mln Business Center to Own Shareholders
July 23, 2009, 8:41, (Property Xpress) - Russian development company Open Investments (OPIN) has offered its main shareholders ONEXIM and Interros to ...   read more
Paltinis Leasing to Develop 66,000 sq. m Mixed-use Project in Bucharest
July 23, 2009, 8:37, (Property Xpress) - Paltinis Leasing, controlled by Sibiu-based businessman Ilie Carabulea, for construction of a shopping and ...   read more
Krasnodar Home Center Said to Close
July 23, 2009, 8:07, (Property Xpress) - Krasnodar-based building materials hypermarket Home Center is preparing to close, a source in it said. ...   read more
UK Developer with EUR 500 mln Program Quits Romania
July 23, 2009, 8:06, (Property Xpress) - A UK real estate developer, who planned investments worth some EUR 500 mln in Romania, has quit the country, ...   read more
All Plan Construction near Signing EUR 20 mln Contract
July 23, 2009, 7:51, (Property Xpress) - All Plan Construction, controlled by two Romanian businessmen, is in negotiations with Israeli Eagle ...   read more
Rostechhnologii/Pirelli Put Off Tire Plant Construction in Togliatti
July 23, 2009, 7:05, (Property Xpress) - The joint venture of Russian Rostechnologii and Italian tire producer Pirelli has not started yet the ...   read more
Shanghai Investors’ USD 1.3 bln Russian Property Project Slows Down
July 22, 2009, 15:31, (Property Xpress) - The largest strategic cooperation real estate project between China and Russia, located in St. Petersburg, is ...   read more
RBE Sells Asset to Cover Debts
July 22, 2009, 14:57, (Property Xpress) - Russian Business Estate (RBE) has sold part of its assets to cover long-term liabilities, a representative of ...   read more
Project Financial Company to Complete Fishery Village in 12 Years
July 22, 2009, 14:40, (Property Xpress) - Russian Project Financial Company will need 10 to 12 years to develop the 105 ha on the Oktyabrsky Island, ...   read more
Nestle Expands Ukrainian Production Facilities
July 22, 2009, 14:12, (Property Xpress) - Nestle Ukraine plans to invest USD 26.5 mln to expand its production plant near the town of Volyn, Gennady ...   read more
Incom Starts Sales of 30,000 Sq. m Townhouse Village
July 22, 2009, 14:00, (Property Xpress) - Russian corporation Incom said it has started sales of the second phase of the Small Scotland economy class ...   read more
Italian Investors to Develop EUR 100 mln Projects in Yugra
July 22, 2009, 13:26, (Property Xpress) - Three Italian companies will act as investors and developers of EUR 100 mln worth projects in the Yugra ...   read more
Delta Maxi to Spend EUR 21 mln for New Retail Locations
July 22, 2009, 13:23, (Property Xpress) - Delta Maxi group, operating a total of 420 retail units in Serbia and the region, plans to invest EUR 21 mln ...   read more
Banks Lend EUR 150 Mln to TriGranit for Arena Centar Mall
July 22, 2009, 13:00, (Property Xpress) - On Wednesday, TriGranit signed a credit agreement of EUR 150 mln with a consortium of six banks, to be used ...   read more
St. Petersburg to Tender Lot for Business Center Development
July 22, 2009, 12:59, (Property Xpress) - The state property fund of St. Petersburg will carry out a tender for 4,295 sq. m on Ligovsky Prospect, set ...   read more
31,000 sq. m A Class Business Center Opens in Moscow
July 22, 2009, 12:14, (Property Xpress) - Russian developer MR Group has opened the 31,000 sq. m A class business center ‘Victory Plaza’ on ...   read more
Kaskad Mall Receives Additional Funding
July 22, 2009, 11:09, (Property Xpress) - The 50,000 sq. m shopping and entertainment complex ‘Kaskad’ in the city of Cheboksary, has attracted ...   read more
KIKA to Open 10 Stores in Russia by 2012
July 22, 2009, 10:46, (Property Xpress) - Austrian furniture chain KIKA plans to open ten more units of 12,000 to 20,000 sq. m in Russia by 2012 in ...   read more
Kempinski Hotel Adriatic Opens in Croatia
July 22, 2009, 10:45, (Property Xpress) - Kempinski Hotel Adriatic on the Croatian Istrian coast will open in August. Kempinski will be the first ...   read more
Lenta Buyers Scared by EBRD Option
July 22, 2009, 10:13, (Property Xpress) - Prospective buyers of stakes in Russian retailer Lenta are scared of an option, given to the EBRD with the ...   read more
Rainford to Acquire Bolshaya Lozhka Chain in Ukraine
July 22, 2009, 10:07, (Property Xpress) - Dnipro-based commercial and industrial group Rainford is negotiating the purchase of Bolshaya Lozhka ...   read more
Glavstroy Sentenced to Pay USD 64 mln to Creditor
July 22, 2009, 9:16, (Property Xpress) - Moscow Court of Arbitrage came to a decision in favor of VTB bank - another creditor of Oleg Deripaska’s ...   read more
Cafepedia Opens in Iasi
July 22, 2009, 9:14, (Property Xpress) - The sixth unit of the Cafepedia coffee chain, controlled by Romanian businessman Catalin Mahu, will open on ...   read more
Sheraton Hotel Opening Expected in Kiev
July 22, 2009, 8:13, (Property Xpress) - A Ukrainian group has reached agreement with Starwood Hotels & Resorts Worldwide (SH&RW) to operate the ...   read more

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