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New VVC Managers Halve Development Program
July 24, 2009, 10:38, (Property Xpress) - The new management of Vserossiyskiy Vystavochniy Tsentr, (All-Russian Exhibition Center, VVC) has decided to ...   read more
EUR 150 mln Committed for Investments in Bulgaria, Romania, Croatia and Serbia
July 24, 2009, 9:55, (Property Xpress) - A total of EUR 150 mln has been raised amid the crisis for real estate investments in Bulgaria, Romania, ...   read more
Vikon to Develop 80,000 Sq. m Residential Scheme
July 24, 2009, 9:31, (Property Xpress) - Russian company SMK-Stroy, part of Vikon group of companies, has signed a contract with OOO Pulsar for design ...   read more
New Five-star Hotel for Rovinj, Croatia
July 24, 2009, 8:57, (Property Xpress) - Having recently completed construction of the first five-star hotel in Rovinj, a Croatian city on the north ...   read more
Austrian Investor to Pour EUR 100 mln into Montenegrin Tourism
July 24, 2009, 8:26, (Property Xpress) - The Montenegrin government said an Austrian private investor will pour about EUR 100 mln into local tourism ...   read more
RTM Can Lose St. Petersburg Assets
July 24, 2009, 8:15, (Property Xpress) - Russian developer RTM can lose its Izmailovsky retail complex in St. Petersburg and two uncompleted projects, ...   read more
Sodruzhestvo Completes Third Phase of B+ Class Business Center
July 24, 2009, 7:40, (Property Xpress) - Russian company Sodruzhestvo has completed the third phase of the B+ class business center on Kolomyazhsky ...   read more
ATB Market Plans Active Regional Expansion
July 24, 2009, 7:34, (Property Xpress) - Dnipro-based ATB Market company, a discount chain owner in Ukraine, plans to actively expand chain in the ...   read more
Sberbank Wins Another Claim Against Macromir
July 24, 2009, 7:02, (Property Xpress) - Russian savings bank Sberbank won a claim for USD 35 mln against bankrupted developer Macromir. In May, ...   read more
Developer Tema Files Petition for Own Bankruptcy
July 23, 2009, 14:27, (Property Xpress) - Russian developer Tema has filed a petition to the court to declare bankruptcy, local media reported. The ...   read more
Auchan to Open Two Hypermarkets in Kiev by 2010
July 23, 2009, 14:27, (Property Xpress) - French hypermarket chain Auchan plans to open two hypermarkets in Kiev, General Manager of Auchan Ukraine ...   read more
Becar Becomes Partner of International Consultant
July 23, 2009, 13:28, (Property Xpress) - Russian Becar Realty Group has signed a contract for joint activities with international consultant and ...   read more
Luxemurg-based Investor to Develop Luxury Hotel in Slovenia
July 23, 2009, 13:24, (Property Xpress) - An international property development group, based in Luxembourg, has purchased the dilapidated Hotel ...   read more
IKEA with No New Russian Projects before Samara Opening
July 23, 2009, 12:58, (Property Xpress) - The world’s biggest furniture retailer IKEA will not cancel any of its Russian projects despite a number of ...   read more
Croatian Retailer Gets USD 25 mln for Network Expansion
July 23, 2009, 12:00, (Property Xpress) - A Croatian retailer, operating six hypermarkets throughout the country, of which four are located outside the ...   read more
LSR Group to Build Housing under a Public Procurement Scheme
July 23, 2009, 11:39, (Property Xpress) - Morton group of companies, general contractor for construction of a residential neighborhood for military ...   read more
Shopping Mall in Romania Closes Nine Months after Opening
July 23, 2009, 11:30, (Property Xpress) - A shopping and entertainment center which opened nine months ago in Romania following a EUR 45 mln investment ...   read more
AFI Leases 4,500 Sq. m to Anchor in Mall of Russia
July 23, 2009, 10:59, (Property Xpress) - AFI Development has leased a 4,500 sq. m premise in its Mall of Russia shopping and entertainment complex, ...   read more
Russia Relegates Three Olympic Projects to Investors
July 23, 2009, 10:10, (Property Xpress) - Russian state corporation for building and development of Sochi as an Olympic alpine resort, SC Olympstroy ...   read more
Ukrainian Logistics Real Estate in Free Fall
July 23, 2009, 9:48, (Property Xpress) - Rental rates for logistics facilities in the Kiev area have fallen by 50 pct and about 20 pct of the logistics ...   read more
Developer Teorema Sells Out Assets
July 23, 2009, 9:19, (Property Xpress) - St. Petersburg-based development holding Teorema has sold almost all its assets, keeping only the Krasnye Zori ...   read more
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

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