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Update: Nestle Builds New Plant in Ukraine
April 23, 2009, 7:03, (Property Xpress) - Swiss Nestle S.A. plans to invest EUR 27 mln in construction of a plant and a distribution center in the ...   read more
Big Russian Developer Seeks Management Companies
April 23, 2009, 7:02, (Property Xpress) - A big residential and commercial property developer in Russia is carrying out a number of tenders for ...   read more
Sberbank Allocates USD 17.7 mln for Residential Project
April 22, 2009, 14:58, (Property Xpress) - Russian state-controlled Sberbank opened a USD 17.7 mln credit line to Severny Gorod, part of RBI holding, the ...   read more
Rewe Group to Introduce New Brand in Russia
April 22, 2009, 14:41, (Property Xpress) - German Rewe group, operating a chain of Billa supermarkets in Russia, has decided to deploy a new solely owned ...   read more
VEB to Fund Airport Reconstruction in Russia
April 22, 2009, 14:29, (Property Xpress) - Vnesheconombank (VEB) will set apart EUR 225 mln for carrying out the Pulkovo Airport reconstruction, ...   read more
Delta Remains Formal Bidder for Stozice Project in Ljubljana
April 22, 2009, 14:17, (Property Xpress) - Serbian entity Delta is still in the competition for the Stozice project in Ljubljana, Slovenia, although the ...   read more
OMG Group to Develop Cottage Village in St. Petersburg District
April 22, 2009, 14:16, (Property Xpress) - OMG Group will invest EUR 22.7 mln to construct a cottage village in the Gatchinsk zone, St. Petersburg ...   read more
Russian Retail Market Shows Best Profitability Rates in Europe
April 22, 2009, 13:46, (Property Xpress) - Even in these hard times for Russian retailers, they showed the best profitability rates in Europe, an analyst ...   read more
Cubus Lux Remains Sole Bidder for Montenegrian Valdanos
April 22, 2009, 13:37, (Property Xpress) - The tender commission to carry out the ‘Valdanos’ tourist project in Montenegro today decided to invite ...   read more
Araks Center to Open in Kiev
April 22, 2009, 13:09, (Property Xpress) - A furniture and design shopping center, called ‘Araks’, will open by the end of the month on 110, Big Ring ...   read more
320-m Skyscraper Crops Up in Moscow-City
April 22, 2009, 13:08, (Property Xpress) - The 320-meter-high tower Mercury City in the Moscow international business district Moscow-City, developed by ...   read more
Laverna Sells 75 Pct in DIY Chain Santa House
April 22, 2009, 12:37, (Property Xpress) - Group of companies Laverna has sold a 75 pct minus one share stake in do-it-yourself chain Santa House to ...   read more
Engeocom Ready to Quit 70,000 Sq. m Scheme near Kremlin
April 22, 2009, 12:35, (Property Xpress) - Russian company Engeocom, close to the Moscow government, is ready to quit the Theater Quarter project, ...   read more
Israeli Developer Launches 1,300 Apartment Project in Bucharest
April 22, 2009, 12:20, (Property Xpress) - An Israeli property developer has today revealed its first Romanian residential project, including ...   read more
ESTA Holding to Develop Two Mixed-use Schemes in Ukraine
April 22, 2009, 11:46, (Property Xpress) - Donetsk-based ESTA Holding plans to invest more than USD 200 mln in construction of two mixed-use complexes in ...   read more
Borodino to Open First Supermarket in 2009
April 22, 2009, 11:42, (Property Xpress) - Russian Borodino-Agro, part of Borodino group of companies, which manages convenience stores under the ...   read more
Carrefour Estimates Takeover Target in Russia at USD 1.25 bln
April 22, 2009, 10:42, (Property Xpress) - French retailer Carrefour has provisionally valued Russian takeover target, including its real estate ...   read more
Australian Retail Chain Extends Network in Slovenia
April 22, 2009, 10:40, (Property Xpress) - A new store of an Australian electrical and computer retail chain is foreseen for Celje, Slovenia and by the ...   read more
Developer Willing to Acquire Retail Center in Ukraine
April 22, 2009, 10:14, (Property Xpress) - A Ukrainian development company is willing to buy over 50 pct completed retail center at a good location in ...   read more
Mizrachi Group Forced to Cover Romanian Project Loan
April 22, 2009, 9:17, (Property Xpress) - Greek Post Bank can request an early payment of a loan extended for development of a residential scheme in ...   read more
Dutch Entertainer Strives for Top of Russian Market
April 22, 2009, 9:16, (Property Xpress) - A Dutch company plans to open six to seven entertainment parks annually in Russia by 2015, as a part of a ...   read more
City Park to Add 92,000 Sq. m Retail Space in Voronezh
April 22, 2009, 8:48, (Property Xpress) - A 177,000 sq. m scheme called ‘City Park Grad’ will open in Voronezh, with a retail space of 92,000 sq. m ...   read more
EUR 1.0 bln Expected from the Belgrade Port Deal in Serbia
April 22, 2009, 8:14, (Property Xpress) - The city budget of the Serbian capital would be disadvantaged by EUR 800 mln, if the officials fail to make ...   read more
30,000 Sq. m Mall to Rise in Moscow
April 22, 2009, 7:55, (Property Xpress) - A new shopping and entertainment complex with a total area of 30,000 sq. m, called ‘Moskvorechie’, will be ...   read more
Developer to Launch 11 Retail Centers in Russia by 2011
April 22, 2009, 7:31, (Property Xpress) - A developer, active in Russia and the CIS, said it has scheduled to put 11 new retail centers of 12,000 to ...   read more

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