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New EUR 300 mln Fund for Russian Distressed Assets
June 10, 2009, 14:47, (Property Xpress) - A U.S.-based privately owned real estate firm will launch an investment fund for Russian commercial property. ...   read more
Viva Land Shopping Mall to Open in Samara in Q3
June 10, 2009, 14:03, (Property Xpress) - Opening of the ‘Viva Land’ shopping and entertainment center in Samara is planned for the third quarter of ...   read more
Update: Construction Starts on Retail Scheme in Sofia
June 10, 2009, 14:01, (Property Xpress) - Construction work has begun on a large retail project spread over 42,000 sq. m in Sofia, with a total of EUR ...   read more
Kiev InterContinental Hotel to Open in September
June 10, 2009, 13:26, (Property Xpress) - The five-star InterContinental Hotel in Kiev, managed by the U.K.-based chain InterContinental Hotels will ...   read more
MTS to Open 800 Stores in 2009
June 10, 2009, 12:58, (Property Xpress) - Russian mobile operator MTS plans to launch 800 units in 2009 thus increasing its network number to 2,500, CEO ...   read more
Smolensk Region to Develop Logistics Hub
June 10, 2009, 12:30, (Property Xpress) - Russian Smolensk region plans to develop a big transport and logistics hub, Governor, Sergey Antufev, said. It ...   read more
Novosibirsk Golden Park Mall to Open in December
June 10, 2009, 11:22, (Property Xpress) - The Golden Park shopping and entertainment center with a total area of 30,000 sq. m will open on December 1, ...   read more
Prime Location Site in Belgrade Sold for EUR 17.6 mln
June 10, 2009, 10:51, (Property Xpress) - Belgrade’s Duga paint and varnish factory, majority owned by Slovenian Helios, has sold 30,000 sq. m of ...   read more
ProLogis Leases 8,400 sq. m in Bucharest Scheme, Romania
June 10, 2009, 10:09, (Property Xpress) - ProLogis, manager and developer of distribution facilities, today announced it has leased 8,400 sq. m in the ...   read more
IFC to Provide up to EUR 20 mln for Clinics Chain
June 10, 2009, 10:06, (Property Xpress) - The International Financial Corporation (IFC) is considering financial aid to Allianz Eurasia Healthcare ...   read more
Sviaz-Bank Adjudges USD 34 mln from RIGroup
June 10, 2009, 9:27, (Property Xpress) - Russian Sviaz-Bank has won USD 34 mln through the court for unpaid debts of developer RIGroup, the decision of ...   read more
ING Bank to Sell 27 Retail Outlets in Kiev, Ukraine
June 10, 2009, 9:22, (Property Xpress) - ING Bank Ukraine, part of ING Group, is negotiating the sale of its retail business in Kiev with ...   read more
Sela Plans 50 Openings in 2009
June 10, 2009, 8:59, (Property Xpress) - Sela Corporation, one of the biggest fashion retailers in Russia in terms of stores, plans to open 50 new ...   read more
Franklin Templeton Selected to Manage Property Fund’s Assets
June 10, 2009, 8:56, (Property Xpress) - The U.S.-based investment company Franklin Templeton Investment Management has won the tender to manage the ...   read more
EUR 300 mln Scheme to Rise near St. Petersburg
June 10, 2009, 8:18, (Property Xpress) - Development and investment company Donk plans to construct an at least 200,000 sq. m mixed-use complex, worth ...   read more
Costa Coffee Closes Split Unit
June 10, 2009, 7:53, (Property Xpress) - The UK café chain Costa Coffee has closed its unit in Split, the company’s first shop in Croatia opened ...   read more
Area 10 to Start Two Developments in Romania
June 10, 2009, 7:23, (Property Xpress) - Spanish Area 10 Eastern World, equally owned by Area 10 New World and HL 1, plans to start two development ...   read more
Hotel/Apartment Complex Planned for Central Moscow
June 10, 2009, 7:13, (Property Xpress) - A hotel complex with apartments will be developed on Chaplygin Street in central Moscow, a source in the ...   read more
New Look to Open in Novosibirsk
June 09, 2009, 14:26, (Property Xpress) - British clothing retailer New Look will launch its first store for the Urals region in September, in the ...   read more
IKEA to Spend EUR 300 mln for Shopping Centers in Serbia
June 09, 2009, 14:10, (Property Xpress) - IKEA plans to invest EUR 300 mln in development of department store and a shopping center in Serbia, Dragan ...   read more
Logistics Parks Network of 600,000 sq. m Seeks Partners
June 09, 2009, 13:50, (Property Xpress) - A Krasnodar-based construction and investment group is negotiating with potential partners and investors to ...   read more
Construction Starts on Retail Scheme in Sofia
June 09, 2009, 13:29, (Property Xpress) - Construction work has begun on a large retail project spread over 42,000 sq. m in Sofia. It will include up to ...   read more
Holiday Inn Congress Hotel Opens in St. Petersburg
June 09, 2009, 12:52, (Property Xpress) - The first Holiday Inn congress hotel opened in St. Petersburg yesterday. The facility named ‘Moskovskie ...   read more
TriGranit to Bet on Mixed-Use Schemes in Russia
June 09, 2009, 12:25, (Property Xpress) - International developer TriGranit, which entered the Russian market in 2007, will bet on mixed-use schemes, ...   read more
Real Hypermarket to Double Romanian Network by 2013
June 09, 2009, 12:23, (Property Xpress) - Real Romania, currently operating 21 hypermarkets in Romania, aims to double its stores in the next three to ...   read more

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