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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
Airport City Slated to Open by end 2009
May 12, 2009, 8:14, (Property Xpress) - The Airport City project in St. Petersburg, with the first phase to include a four star hotel and 40,000 sq. m ...   read more
Hercesa to Launch New Residential Project in Romania
May 12, 2009, 7:59, (Property Xpress) - Spanish developer entity Hercesa will launch a new residential project in the Romanian market in the fourth ...   read more
Moscow to Face 21,000 Sq. m Retail Center Opening
May 12, 2009, 7:36, (Property Xpress) - A 21,000 sq. m retail center, called ‘Festival’, will be developed on Novopetrovskaya Street in the ...   read more
Cubus Lux to Bid for New Projects in Croatia
May 12, 2009, 7:31, (Property Xpress) - Cubus Lux has announced that the entity has progressed in all areas, including advances in tenders for new ...   read more
Developer Secures EUR 100 mln for Project in Croatia
May 11, 2009, 14:45, (Property Xpress) - A foreign development group has managed to secure EUR 100 mln of funding for its shopping center project in ...   read more
DM Drogerie Markt to Increase Bulgarian Network
May 11, 2009, 14:31, (Property Xpress) - DM Drogerie Markt, a leading drug store chain in Europe, is seeking to increase its presence in Bulgaria. The ...   read more
Defence Ministry Starts New Flat Purchase Procedure in Bulgaria
May 11, 2009, 13:09, (Property Xpress) - Bulgarian Defence Ministry will start a new flat purchase procedure to secure apartments for its officers, as ...   read more
Ehlmaier Takes Control of CPB Immobilientreuhand
May 11, 2009, 12:19, (Property Xpress) - Michael Ehlmaier (39) took over a 25 pct stake of CPB Immobilientreuhand from Constantia Packaging B.V. at the ...   read more
Bulgaria Real Estate Fund Leases 55 pct of Kambanite Center
May 11, 2009, 11:51, (Property Xpress) - Bulgaria Real Estate Fund REIT, co-owner of the Kambanite business center in Sofia, has leased 55 pct of the ...   read more
RED Signs Partnership for Romania
May 11, 2009, 11:00, (Property Xpress) - RED Management Capital, an entity with American-Spanish capital and developer of the Bucharest Iride Business ...   read more
Moscow to Complete Integrated Upgrade of Yaroslavskoe Road by 2020
May 11, 2009, 11:00, (Property Xpress) - The integrated repair and upgrade of Yaroslavskoe Road in Moscow will be carried out by 2020, a source in the ...   read more

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