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50,000 Sq. m Scheme to Rise in Downtown Moscow
May 13, 2009, 9:08, (Property Xpress) - A 51,600 sq. m hotel and business complex will be developed on Sadovnicheskaya Street in central Moscow, a ...   read more
Roses Fashion Outlet Adds 9,000 sq. m GLA
May 13, 2009, 9:06, (Property Xpress) - Outlet center Roses Fashion in Svet Kriz Zacretje, Croatia will start construction work on the second section ...   read more
Developer to Spend EUR 30 mln in Romania
May 13, 2009, 8:38, (Property Xpress) - A real estate company, developer of a business complex in Bucharest’s Pipera zone, will obtain EUR 30 mln ...   read more
Two Russian Banks in Talks for 70 Pct Stake in Retail Chain
May 13, 2009, 8:37, (Property Xpress) - Russian banks MDM-bank and Sberbank are in talks for transferring debts of a local retailer into a 70 pct ...   read more
Construction of EUR 80 mln Shopping Center Starts in Croatia
May 13, 2009, 8:01, (Property Xpress) - An Osijek-based company will start construction work on the EUR 80 mln Portanova shopping complex in the city ...   read more
Italian Investors to Pour USD 700 mln in Sochi Olympic Developments
May 13, 2009, 8:00, (Property Xpress) - A pool of Italian investors, led by Todini Costruzioni Generali (TCG), plans to invest about USD 700 mln in ...   read more
Construction in SEZ Kurshskaya Kosa to Begin in 2010
May 13, 2009, 7:16, (Property Xpress) - The beginning of construction works in the special Kurshskaya Kosa economic zone in Russia’s Kaliningrad ...   read more
New Hotels to Be Developed in Dnipro for Euro 2012
May 13, 2009, 7:14, (Property Xpress) - Six new accommodation facilities are under construction in Dnipro, Ukraine, as part of preparation for ...   read more
Two Hotels Planned for Central Petersburg
May 12, 2009, 14:59, (Property Xpress) - Two new hotels are projected for the historic center of St. Petersburg, the city administration said. OOO ...   read more
M.Video Opens Second Unit in Surgut
May 12, 2009, 14:35, (Property Xpress) - One of the leading home appliances chains in Russia, M.Video, has opened its second store in the Siberian city ...   read more
Officials Adopt Decree for International Airport Construction in Brasov, Romania
May 12, 2009, 14:22, (Property Xpress) - A convincing majority in the Romanian Chamber of Deputies today adopted the urgent decree for construction of ...   read more
South Korean Consortium to Build Industrial Park in Bulgaria
May 12, 2009, 13:53, (Property Xpress) - South Korean Choice Consortium has signed a key contract to carry out the new industrial park of Sofia’s ...   read more
New Rezidor Unit Planned for Kiev
May 12, 2009, 13:24, (Property Xpress) - Construction work on a new accommodation facility, to be managed by international operator Rezidor Hotel Group ...   read more
USD 30 mln Commercial and Office Scheme Gets Nod in Kiev
May 12, 2009, 12:32, (Property Xpress) - Kiev City Council has approved a shopping and office project between Serafimovich and Vossoedinenie Streets in ...   read more
Retail Center Darya Seeks Tenants
May 12, 2009, 12:25, (Property Xpress) - Moscow-based retail center Darya, to open in the second quarter of 2009, has hired the London Consulting & ...   read more
SEE Tenants Pressured by High Rents
May 12, 2009, 12:09, (Property Xpress) - CA Immo International, a property investment group focused on Eastern and South Eastern Europe, said tenants ...   read more
Developer Kicks off Three Cottage Villages around Moscow
May 12, 2009, 11:49, (Property Xpress) - Local development company Krasivaya Zemlya has started implementation of three cottage villages in the ...   read more
Court Requests EUR 27.4 mln Debt from Itera Development Group
May 12, 2009, 11:02, (Property Xpress) - The Regional Development Fund of Yamal is requesting an around EUR 27.4 debt by court from Itera Development ...   read more
LSR Group Borrows USD 150 mln
May 12, 2009, 10:51, (Property Xpress) - Two subsidiary companies of LSR Group, OJSC Pobeda LSR and OOO GDSK have signed loan agreements with OJSC ...   read more
Deripaska to Sell Off Development Assets
May 12, 2009, 10:37, (Property Xpress) - Russian financial tycoon Oleg Deripaska is looking to sell its development assets and has attracted Sputnik ...   read more
New MD Retail Owners to Bet on Discounters
May 12, 2009, 10:17, (Property Xpress) - The new owner of MD Retail chain, Oleg Kolmykov, who acquired the asset in late 2008, said it will be ...   read more
Lidl Builds Retail Unit in Trogir, Croatia
May 12, 2009, 9:09, (Property Xpress) - Lidl has started construction work on a retail unit in Trogir, Croatia. The 1,700 sq. m store will have a ...   read more
4.5 mln sq. m Residential Space to Launch in St. Petersburg
May 12, 2009, 9:08, (Property Xpress) - About 2.5 million sq. m of residential space will become operational in St. Petersburg this year and 2.0 ...   read more
Mivan Reconsiders Romanian Plans
May 12, 2009, 8:47, (Property Xpress) - Irish group Mivan Development has reconsidered its plan to develop a chain of ten Tiago shopping malls in ...   read more
Experts Estimate Takeover Target Seventh Continent at USD 1.6 bln
May 12, 2009, 8:47, (Property Xpress) - Analysts from Renaissance Capital estimated the value of local retailer Seventh Continent and its property ...   read more

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