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Serbia and World Bank Sign USD 388 mln Infrastructure Loan
July 13, 2009, 14:29, (Property Xpress) - Serbian Minister of Finance Diana Dragutinovic and Head of the World Bank Bureau in Serbia Simon Grey today ...   read more
McDonald’s Satisfied with Ukrainian Sales, Plans Further Expansion
July 13, 2009, 13:28, (Property Xpress) - The average bill in McDonald’s restaurants in Ukraine registered an increase in the first half of 2009 ...   read more
Impact Reports Home Sales Decline in Romania
July 13, 2009, 12:57, (Property Xpress) - Until now, Romanian real estate developer Impact Developer & Contractor has managed to sell 100 housing units ...   read more
Avielen to Start Selecting Tenants for Airport City, St. Petersburg
July 13, 2009, 12:35, (Property Xpress) - Austrian-Russian JV Avielen AG, developing a four-star hotel and two business centers in the Pulkovo 3 ...   read more
Turkish Tycoon Eyes Infrastructure Projects in Croatia
July 13, 2009, 12:02, (Property Xpress) - Croatia’s President Stjepan Mesic, Zeljko Kerum, mayor of Split, and the Turkish tycoon, owner of the ...   read more
Azovinteks Buys Lviv Stadium Project
July 13, 2009, 11:24, (Property Xpress) - The prime contractor of a stadium construction in Lviv for the Euro-2012 football tournament, has bought the ...   read more
Hesperia Ready with Design of St. Petersburg Luxury Hotel
July 13, 2009, 11:20, (Property Xpress) - Spanish hotel chain Hesperia Hotels has completed design of its five star class hotel to be developed in St. ...   read more
EBRD Invests USD 100 mln in Infrastructure Fund Focused on Russia, Ukraine
July 13, 2009, 10:45, (Property Xpress) - The European Bank for Reconstruction and Development (EBRD) is investing up to USD 100 mln in the first ...   read more
EBRD Invests USD 100 mln in Infrastructure Fund Focused on Russia, Ukraine
July 13, 2009, 10:41, (Property Xpress) - The European Bank for Reconstruction and Development (EBRD) is investing up to USD 100 mln in the first ...   read more
Materik Postpones USD 15 mln Irkutsk Project for a Year
July 13, 2009, 10:26, (Property Xpress) - Irkutsk-based group of companies Materik will put off the launch of the Sayen business center in the city by a ...   read more
Hilton Seeks New Locations in Romania
July 13, 2009, 9:46, (Property Xpress) - Hilton Hotels Corporation is seeking to increase its chain in Romania, by opening new units in the country’s ...   read more
Prana to Sell Remaining Yukos Assets
July 13, 2009, 8:45, (Property Xpress) - Russian-registered company Prana bought the assets of bankrupted oil company Yukos in 2007 for over USD three ...   read more
Construction Allowed on High-Rise Scheme in Sofia
July 13, 2009, 8:36, (Property Xpress) - At its session last week, the Sofia Administrative Court dismissed the case for a 30-story five-star hotel ...   read more
Mirax to Develop USD 180 mln Moscow Scheme with Partners
July 13, 2009, 8:12, (Property Xpress) - Russian Mirax Group and Leonid Gandelman, founder of Le Monti footwear chain, must develop the Moscow center ...   read more
Ukrainian O’Key Chain Close to Signing With Strategic Investor
July 13, 2009, 8:08, (Property Xpress) - Ukrainian retail chain O’Key, which started searching a strategic investor in the beginning of 2009, is ...   read more
Ikea Keeps Plans for Massive Balkans Expansion
July 13, 2009, 7:59, (Property Xpress) - Ikea, the world’s largest furniture retailer, is preparing expansion in the Balkans countries of Croatia, ...   read more
USD 33 mln Logistics Complex Opens in Chelyabinsk
July 13, 2009, 7:07, (Property Xpress) - A new logistics park has been put into operation in Chelyabinsk by OOO Integration, following an investment of ...   read more
Austrian Group to Develop Shopping Center in Rijeka, Croatia
July 10, 2009, 15:01, (Property Xpress) - At its regular session held this week, Rijeka City Council approved the West Shopping Center construction ...   read more
Spanish Company Interested to Develop Five-star Hotel in Bulgaria
July 10, 2009, 14:03, (Property Xpress) - A Spanish company has shown interest in acquiring a site suitable for a five-star hotel development in Sofia, ...   read more
54,000 Sq. m Shopping Center Planned for Nizhny Novgorod
July 10, 2009, 13:19, (Property Xpress) - A commercial and business complex with a total area of 54,300 sq. m will be built in the Prioksky district of ...   read more
Engel to Sell Project in Bulgaria, Considers Development in Romania
July 10, 2009, 12:55, (Property Xpress) - Engel East Europe, an AIM-listed Central and Eastern European property developer, today announced it is in an ...   read more
Radisson Hotel for Sale in Russia
July 10, 2009, 12:12, (Property Xpress) - A Radisson-managed hotel in Russia has been put for sale at the asking price of USD 18.6 mln. The announcement ...   read more
Reconstruction Work on Resort Project Starts in Montenegro
July 10, 2009, 11:09, (Property Xpress) - Reconstruction and restoration works have started on a EUR 35 mln resort hotel in Montenegro, to be carried ...   read more
Stockmann to Open Nevsky Center in 2010
July 10, 2009, 10:36, (Property Xpress) - Finnish Stockmann plans to open Stockmann Nevsky Center in St. Petersburg, at the corner of Nevsky Prospect ...   read more
EADS Subsidiary to Invest EUR 90 mln in Romania
July 10, 2009, 10:06, (Property Xpress) - Airbus, a leading aircraft manufacturer, subsidiary of EADS group, will invest EUR 90 mln in Romania to ...   read more

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