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Operator Sells Hotels to Modernize Romanian Network
May 08, 2009, 12:10, (Property Xpress) - Timisoara-based businessman Josef Goschy, who holds 3,500 rooms in 25 accommodation facilities in Romania, ...   read more
Mercator Opens Biggest Bosnia Store
May 08, 2009, 11:44, (Property Xpress) - Slovenian retail chain Mercator has opened a 41,500 sq. m shopping mall in Banja Luka, Bosnia and Herzegovina, ...   read more
Adidas Continues Russian Expansion
May 08, 2009, 10:58, (Property Xpress) - Adidas AG, one of the world’s leading sporting goods producers, will continue investing in new stores and ...   read more
Reconstruction to Increase Residential Space Five Times in Shchukino
May 08, 2009, 10:44, (Property Xpress) - Moscow plans to develop about 300,000 sq. m of residential space in the north-western district of Shchukino, ...   read more
Adama Takes Back 40 Flats in Romania
May 08, 2009, 10:38, (Property Xpress) - Adama, an active developer on the Romanian real estate market, has taken back 40 apartments in the Edenia ...   read more
Karavan to Transfer Bond Income to Adventis in Ukraine
May 08, 2009, 10:07, (Property Xpress) - Kiev-based Karavan company, part of the hypermarket chain Karavan Group, will pay all delayed considerations ...   read more
Moscow Considers USD 25 mln Land Acquisition
May 08, 2009, 10:06, (Property Xpress) - Moscow authorities have decided to buy a 20,600 sq. m land lot, owned by the automobile plant ZIL. According ...   read more
VTB to Lend USD 300 mln for Airport Reconstruction
May 08, 2009, 8:43, (Property Xpress) - Russian Vnesheconombank (VTB) has approved opening a USD 300 mln credit line with 15-year tenor for the winner ...   read more
Gloria Jeans Opens First Kiev Store
May 08, 2009, 8:26, (Property Xpress) - Gloria Jeans Corporation has opened a brand store Gloria Jeans & Gee Jay on Melnikov Street in the Ukrainian ...   read more
Five Star Hotel to Open in Astrakhan
May 08, 2009, 8:06, (Property Xpress) - A new five star hotel, positioned in the superior business segment, will open on May 16 in Russia’s southern ...   read more
Moscow Gives Developer Four Years to Complete 150,000 Sq. m Scheme
May 08, 2009, 7:46, (Property Xpress) - Moscow authorities have extended the deadline for development of a 150,000 sq. m scheme to 2013, without ...   read more
Delta Opens New Supermarket in Belgrade, Serbia
May 08, 2009, 7:25, (Property Xpress) - Retail chain Delta Maxi has opened a 1,200 sq. m ‘Maxi Exclusive’ supermarket on Cvetni Trg open market in ...   read more
EUR 100 mln Hotel, Nautical Complex to Rise in Sibenik
May 08, 2009, 7:21, (Property Xpress) - A EUR 100 mln hotel and nautical resort will be developed in the Croatian coastal town of Sibenik. A ...   read more
Furniture Store Put on Sale in Sofia, Bulgaria
May 08, 2009, 7:02, (Property Xpress) - One of the largest furniture centers in Sofia aims to release funds by selling its property under a ...   read more
Bank Tatarstan Allocates USD 3.1 mln to Developer
May 08, 2009, 7:00, (Property Xpress) - Bank Tatarstan, a branch of Russia’s Sberbank, has opened two non-revolving credit lines, worth a total USD ...   read more
Eugene to Build Parking near Olympic Stadium in Kiev
May 07, 2009, 15:32, (Property Xpress) - Eugene Company is ready to carry out a parking facility with 300 places under the square near the Olympic ...   read more
Foreign Group Announces EUR 250 mln Investment Program for the Balkans
May 07, 2009, 14:56, (Property Xpress) - A foreign development group has announced intentions to implement a EUR 250 mln program on the Balkans ...   read more
ASATI Kicks Off First 12,000 sq. m in Azov-City
May 07, 2009, 14:51, (Property Xpress) - ASATI, the Russian unit of Austrian Air Structures American Technologies, a specialist builder of inflatable, ...   read more
Construction of High-rise Office Building Starts in Ljubljana
May 07, 2009, 14:20, (Property Xpress) - The foundation stone of a 46,000 sq. m business complex in Ljubljana, Slovenia, was laid on Thursday by ...   read more
Sochi Eyes USD 100 mln Balneological Complex
May 07, 2009, 14:08, (Property Xpress) - The head of the Black Sea resort city of Sochi, Anatoliy Pahomov, said the city is considering acquisition of ...   read more
Radisson Opening in Poiana Brasov Postponed
May 07, 2009, 13:43, (Property Xpress) - The EUR 50 mln Radisson Hotel in Poiana Brasov, Romania will be postponed by a year to 2011 because of lack of ...   read more
Finance Center to Replace Residential Scheme in Central Moscow
May 07, 2009, 13:43, (Property Xpress) - A finance and stock exchange center, called ‘Kremlin City’, may be developed instead of the projected ...   read more
Retail Park Planned for Slavonski Brod, Croatia
May 07, 2009, 13:30, (Property Xpress) - Construction work on a EUR 22 mln retail park will start this month in the eastern Croatian town of Slavonski ...   read more
IKEA Buys Two Lots in Voronezh Region
May 07, 2009, 13:29, (Property Xpress) - Swedish furniture maker IKEA has bought two lots of 67 and 50 ha in the Novousmansk area of the Voronezh ...   read more
Moscow to Cancel Contract for 112,000 Sq. m Residential Development
May 07, 2009, 11:09, (Property Xpress) - Moscow authorities plan to cancel an investment contract, envisaging construction of 112,000 sq. m residential ...   read more

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