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Mercator Announces Development Budget for 2009
March 02, 2009, 10:30, (Property Xpress) - Slovenia's largest retail chain, Mercator, has announced a EUR 159 mln investment program destined for network ...   read more
MCG Acquires Hotel Budapest in Moscow
March 02, 2009, 10:23, (Property Xpress) - Mos City Group (MCG), controlled by Pavel Fuks, has closed a deal to acquire 55 pct stake in OJSC Hotel ...   read more
Metro Postpones Shopping Center Project in Zaporozhye, Ukraine
March 02, 2009, 9:56, (Property Xpress) - Kiev-based Metro Group Аsset Management Ukraine has indefinitely postponed construction work on a Zaporozhye ...   read more
Magnit to Pour USD 420 mln in Expansion in 2009
March 02, 2009, 9:54, (Property Xpress) - Russian retailer Magnit, intends to invest around USD 420 mln in opening of ten hypermarkets, 450 convenience ...   read more
Tender on Sports Halls Construction in Court in Macedonia
March 02, 2009, 9:13, (Property Xpress) - Bidders in the tender on construction of 145 sports halls in Macedonia appealed to the court that the most ...   read more
Debt Trading System ORSI Starts Assets Sale
March 02, 2009, 9:12, (Property Xpress) - Russian debt trading platform ORSI (Open market of construction investments), focused mainly on overdue ...   read more
Second Phase of Boyanovka Center to Open in Chernivtsi, Ukraine
March 02, 2009, 8:29, (Property Xpress) - The official opening of the second phase of the Boyanovka shopping and entertainment center at 43, Hotinskaya ...   read more
Sberbanks Opens USD 75 Mln Credit Line to Retailer
March 02, 2009, 8:24, (Property Xpress) - Sberbank, Russian state-controlled savings bank has approved allocation of USD 75 mln credit line, as a part ...   read more
35,000 Sq. m Phase of Topol Mall Opens in Ivanovo
February 27, 2009, 15:42, (Property Xpress) - The first phase, totaling 35,000 sq. m, of the shopping and entertainment complex called ‘Topol’ has ...   read more
Five Nash Kraj Supermarkets to Open in Ukraine
February 27, 2009, 15:34, (Property Xpress) - Five new Nash Kraj supermarkets, including three on a franchise basis, will be opened in the Kirovograd, ...   read more
Ukrtorg to Compete Silver Keys Complex by 2012
February 27, 2009, 15:20, (Property Xpress) - Kiev-based firm Ukrtorg is to complete construction work on the Silver Keys Complex on 82-B, Academician ...   read more
Sistema-Hals Increases Stake in Elite Residential Project to 100 Pct
February 27, 2009, 15:01, (Property Xpress) - Sistema-Hals, a major Russian real estate company, said it has increased its stake in the project company ...   read more
Irish Fund Buys Up Bulgarian Properties
February 27, 2009, 14:39, (Property Xpress) - A Dublin-based investment fund is targeting U.K. and Irish owners who have bought properties on Bulgaria’s ...   read more
SU-155 Fully Pays USD 65 mln Bond
February 27, 2009, 14:23, (Property Xpress) - Russian group SU-155 has paid the USD 65 mln bonds, presented for redemption on February 26, out of its USD ...   read more
Investors Interest Fuels EUR 150 mln Development in Macedonia
February 27, 2009, 13:22, (Property Xpress) - Completion terms for the mixed-use business center in Skopje, Macedonia, will be kept despite the world ...   read more
Vester to Anchor Shopping Mall in in Orenburg
February 27, 2009, 13:16, (Property Xpress) - Russian retail chain Vester said it plans to open a hypermarket in Orenburg before July 1, this year. The ...   read more
Finstar Properties Puts off USD 150 mln Retail Center Projects
February 27, 2009, 12:34, (Property Xpress) - Finstar Properties, which has 27 projects with a total area of over one million sq. m decided to indefinitely ...   read more
Vant to Complete Residential Complex in Kiev
February 27, 2009, 12:34, (Property Xpress) - Kiev-based Vant Company will complete construction work on the residential block on January Rebellion Street, ...   read more
Luxury Residential Project Sold in Bucharest, Romania
February 27, 2009, 11:36, (Property Xpress) - The luxury residential complex Lake& Forest, including a plot in northern Bucharest, zoning use and ...   read more
Carrefour Property to Focus on Russia
February 27, 2009, 11:32, (Property Xpress) - Carrefour Property said its strategy foresees acceleration of brand openings of the Group Carrefour in Europe ...   read more
Italian-Swiss Holding to Enter St. Petersburg
February 27, 2009, 10:29, (Property Xpress) - A subsidiary of an Italian-Swiss trust holding plans to enter the development and reconstruction market of St. ...   read more
Rewe Announces Network Expansion in Ukraine
February 27, 2009, 10:28, (Property Xpress) - The strategy of German Rewe Group foresees extension of its retail network by ten stores per annum in Ukraine. ...   read more
Sport Life to Extend on Franchise Basis in Ukraine
February 27, 2009, 9:30, (Property Xpress) - Sport Life Company, operating a chain of sports clubs in Ukraine and Russia, has decided to develop its ...   read more
Sberbank Starts Sale of Retailer Assets
February 27, 2009, 9:29, (Property Xpress) - Russian bank Sberbank has placed four properties for sale, totaling some 15,000 sq. m and a land lot of 4,300 ...   read more
Mirax Continues Astra Montenegro Project near Budva
February 27, 2009, 8:45, (Property Xpress) - Russian developr Mirax is actively building the big Astra Montenegro construction project on Zavala Hill near ...   read more

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