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Sistema Can Lose Subsidiary for Debts
March 27, 2009, 15:09, (Property Xpress) - Russian financial corporation Sistema can lose the majority stake in its development arm Sistema-Hals, 71.1 ...   read more
AFI Opens Business Centers in Bulgaria, Serbia
March 27, 2009, 15:08, (Property Xpress) - AFI Europe, active in residential and commercial development in eight countries across the continent, has ...   read more
Russian Developer Hires Golf Course Designer for Resort Project
March 27, 2009, 13:35, (Property Xpress) - A Russian investment company has reached an agreement with international golf course design company with ...   read more
Ukraine Hires Consultants for National Sports Complex
March 27, 2009, 13:30, (Property Xpress) - Ukrainian Sports Minister Yury Pavlenko said the state has hired two consultant companies for reconstruction ...   read more
75-Pct Acquisition in BPD to Stop Trading on AIM
March 27, 2009, 12:40, (Property Xpress) - In a statement, the board of Bulgarian Property Developments PLC (BPD) said it is expected that admission of ...   read more
U.S. Fund Keeps Investing in Russia, After USD 800 mln Poured in 2008
March 27, 2009, 12:31, (Property Xpress) - The local arm of a U.S. fund said it plans to invest further in the Russian real estate market, after it ...   read more
UK Fund Freezes Projects on 464 Ha in Russia and Ukraine
March 27, 2009, 11:36, (Property Xpress) - An UK investment fund said it will fill freeze development of storage complexes on 464 ha in Russia and ...   read more
International Developer Freezes Projects in the SEE
March 27, 2009, 11:33, (Property Xpress) - A U.S.-based real estate developer has announced that it will temporarily stop its operations in some ...   read more
UK Fund Freezes Projects on 464 Ha in Russia and Ukraine
March 27, 2009, 11:17, (Property Xpress) - An UK investment fund said it will fill freeze development of storage complexes on 464 ha in Russia and ...   read more
AMCU OK’s Expert Capital Acquisition in Ukraine
March 27, 2009, 10:57, (Property Xpress) - The Antimonopoly Committee of Ukraine (AMCU) has allowed Luxemburg-based Expert Capital S.A., founder of ...   read more
First Phase of Graf Orlov Center in Yekaterinburg Completed
March 27, 2009, 10:35, (Property Xpress) - Uralstroyinvest Group has completed construction work on the first phase in the A-class business center Graf ...   read more
Green City to Start First Phase of Mini Town Project near Bucharest
March 27, 2009, 9:45, (Property Xpress) - Green City Construct Company, indirectly held by Romanian businessman Dumitru Bucsaru, will invest around EUR ...   read more
Finnish Retailer Opens New Russian Unit in Yaroslavl
March 27, 2009, 9:37, (Property Xpress) - A Finnish retailer, active in Russia, Belarus, Nordic and Baltic countries, says it plans to open a new unit ...   read more
Officials to Announce Tender on Tourism Project in Montenegro
March 27, 2009, 9:16, (Property Xpress) - The Montenegrin Government has received tender documentation to carry out the tourism scheme in Velika Plaza. ...   read more
Fund to Buy 25 Pct in Pharmacy Chain 36.6 for up to USD 70 mln
March 27, 2009, 9:14, (Property Xpress) - A direct investment fund has reached an agreement for buying part of the new share issue of Pharmacy Chain ...   read more
DIY Retailer Buys Out Land Lots in Romania
March 27, 2009, 7:59, (Property Xpress) - A DIY retailer said it sees many opportunities for extending the network in the crisis, as prices of plots and ...   read more
Vester to Focus on Hypermarkets in Future
March 27, 2009, 7:57, (Property Xpress) - In the future, Russian retail chain Vester plans to focus on the hypermarket development, the company said in ...   read more
Carrefour Opens First Store in Bulgaria
March 26, 2009, 16:11, (Property Xpress) - French retail chain Carrefour has opened its store in Bourgas, Bulgaria, and plans to open one more outlet in ...   read more
Eurasia Logistics Leases 22,000 Sq. m near Yekaterinburg
March 26, 2009, 16:00, (Property Xpress) - Eurasia Logistics has leased 22,000 sq. m in its logistics park Pyshma near Yekaterinburg, the company said in ...   read more
Croatia Operations Fuel Hotel Operator Results
March 26, 2009, 15:51, (Property Xpress) - An international owner, operator and franchisor of hotels in Europe, the Middle East and North Africa, said ...   read more
Insolvency Storm Harms Developers in the CEE
March 26, 2009, 15:24, (Property Xpress) - Insolvency turbulence has hit a series of developer companies in Central and Eastern Europe, connected by ...   read more
Raven Russia Completes 364,000 Sq. m in 2008
March 26, 2009, 15:23, (Property Xpress) - Logistics space developer Raven Russia said it has completed 364,000 sq. m of warehouse space in 2008 and let ...   read more
SPF Sells Three Lots for Residential Development in St. Petersburg
March 26, 2009, 14:43, (Property Xpress) - St. Petersburg State Property Fund (SPF) has sold three land lots in the city for future residential ...   read more
Orco Property Group Asks Court to Help Against Creditors
March 26, 2009, 13:59, (Property Xpress) - Orco Property Group (OPG) has requested court protection from creditors, as it aims to sell assets, the ...   read more
U.S. Investment Fund Ready to Pour EUR 100 mln in Russian Property
March 26, 2009, 13:40, (Property Xpress) - An international investment company plans to invest some EUR 100 mln in the real estate markets of Moscow and ...   read more

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