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Foreign Developer Establishes Subsidiary in Bulgaria
January 22, 2009, 12:56, (Property Xpress) - A foreign developer has established a subsidiary in Bulgaria, to offer comprehensive property management ...   read more
Cefin Reduces Budget and Rejects New Projects for 2009
January 22, 2009, 12:10, (Property Xpress) - Cefin Real Estate Asset Management (CREAM), part of Italian Cefin Group, will reduce its real estate ...   read more
M-Industry Freezes Residential Project, Postpones Two
January 22, 2009, 12:07, (Property Xpress) - Russian group of companies ‘M-Industry’ has frozen the project for the residential complex ‘Suzdal ...   read more
Business Center under Development in Rousse, Bulgaria
January 22, 2009, 11:05, (Property Xpress) - A business building on the site of the former heavy machine building plant in Rousse is currently being ...   read more
PIK Shareholders Approve USD 795 Mln Loan
January 22, 2009, 11:04, (Property Xpress) - Shareholders of Russian developer PIK approved a USD 795 mln loan, guaranteeing it with cash flows. This is ...   read more
First Starbucks in St. Petersburg to Open in Leto
January 22, 2009, 10:45, (Property Xpress) - The first café of the ‘Starbucks’ chain in St. Petersburg will open in the Leto shopping and ...   read more
EUR 7.0 mln Properies under Development in Veliko Tarnovo, Bulgaria
January 22, 2009, 10:08, (Property Xpress) - A EUR 3.0 mln mixed-use complex is being carried out in Veliko Tarnovo, Tzevtomir Roussev, Manager of ...   read more
Moscow Region Can Confiscate RIGroup Assets
January 22, 2009, 10:08, (Property Xpress) - The assets of RIGroup can be transferred to Moscow region investment trust company, due to an unpaid loan of ...   read more
HNB to Buy Plot for Office Center near Zagreb, Croatia
January 22, 2009, 9:36, (Property Xpress) - Hrvatska Narodna Banka (HNB) has announced its intention to buy a four to ten ha plot near Zagreb, Croatia. In ...   read more
Lewis Charles Sofia Property Fund Sells Stake with Repurchase Option
January 22, 2009, 9:08, (Property Xpress) - Splendid Investment S.A. is 100 pct-owned subsidiary of Lewis Charles Sofia Property Fund Limited and entered ...   read more
Russian Retailer Attracts USD 46 mln to Restart Frozen Projects
January 22, 2009, 9:05, (Property Xpress) - A Russian retailer has attracted a USD 46 mln loan, to restart this year the new retail property projects, it ...   read more
XXI Century to Start Cottage Project in Kiev District
January 22, 2009, 8:29, (Property Xpress) - Kiev-based firm XXI Century aims to start construction work on the ‘Lesniki’ cottage town in the Kiev ...   read more
100,000 sq. m Flats Planned for Moscow, Russia
January 22, 2009, 8:26, (Property Xpress) - Seven new residential blocks totaling over 100,000 sq. m are scheduled to be built in the Obruchevsk zone of ...   read more
DM Drogerie Markt to Open First Bulgarian Store This Month
January 21, 2009, 15:58, (Property Xpress) - Austrian-based retailer, DM Drogerie Markt, operating its own network of over 200 stores in Central and ...   read more
Rezidor to Open in Its Hotels Own Restaurant Brands
January 21, 2009, 15:43, (Property Xpress) - Hotel group Rezidor announced its intention to develop a restaurant business as its own segment, and by 2011, ...   read more
Shopping Center Project Frozen for a Year in Pazardjik, Bulgaria
January 21, 2009, 15:15, (Property Xpress) - Construction work on the first shopping center in Pazardjik, Bulgaria, has been frozen for a year, Todor ...   read more
Samara to Buy Land for Technopark
January 21, 2009, 15:11, (Property Xpress) - The government of the Samara region has decided to buy land for the ‘Togliatti industrial and technological ...   read more
Shopping and Entertainment Center Gloria to Open in May 2010
January 21, 2009, 14:20, (Property Xpress) - The ‘Gloria’ project for the retail and entertainment center in St. Petersburg will be completed by May ...   read more
Update: Walmart to Expand to Russia
January 21, 2009, 13:58, (Property Xpress) - Walmart Stores Inc. has registered as a legal entity in the country, establishing a subsidiary dubbed ‘WM ...   read more
New Tender Announced for Tourist Complex Project in Serbia
January 21, 2009, 13:26, (Property Xpress) - Goran Petkovic, Serbian State Secretary for Tourism, has invited interested potential bidders to a new tender ...   read more
EUR 300 mln Mall Development in Krasnodar Put Off Indefinitely
January 21, 2009, 13:24, (Property Xpress) - The commissioning of the retail and entertainment center ‘OZ’ in Krasondar, developed by AIM Property ...   read more
Update: Dream Town Center to Open in Kiev in 2009
January 21, 2009, 12:54, (Property Xpress) - Stolitsa Corporation plans to complete construction work on the shopping and entertainment center Dream Town ...   read more
Shopping Mall Sell Out Starts in Russia
January 21, 2009, 12:27, (Property Xpress) - A true bargain sale of retail centers and shopping malls has started in Russia, with completed projects and ...   read more
Residential Projects in Pitesti and Brasov Presented in Romania
January 21, 2009, 12:15, (Property Xpress) - A Spanish company has presented two residential projects, located in the prime zone of Romanian cities Pitesti ...   read more
Fashion Chain Kira Plastinina to Focus on Russia
January 21, 2009, 12:15, (Property Xpress) - Retail fashion chain Kira Plastinina will focus on its network in Russia and the CIS, after it announced it ...   read more

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