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Strabag Stops Construction of Asmita Gardes in Bucharest
April 29, 2009, 10:16, (Property Xpress) - Austrian construction concern Strabag will halt construction work on the Asmita Gardens residential project in ...   read more
St. Petersburg Sea Passenger Terminal to Run in 2010
April 29, 2009, 9:22, (Property Xpress) - The sea passenger terminal of St. Petersburg will be fully complete by 2010, general manager of management ...   read more
Triumph Mall Opening Postponed to Q1 2010
April 29, 2009, 9:04, (Property Xpress) - Shopping and entertainment complex Triumph Mall in Saratov will open in the first quarter of 2010 at the ...   read more
Benetton Opens First Mega Store in Belgrade
April 29, 2009, 8:54, (Property Xpress) - Italian retail chain Benetton, one of the biggest networks in the Balkans, has opened its first mega-store in ...   read more
Magnit Reports 35.8 Pct Y/Y Revenue Growth in Q1
April 29, 2009, 8:52, (Property Xpress) - Russian retailer Magnit said its net revenue increased by 35.8 pct for the year to USD 1.151 bln in the first ...   read more
German Developer Eyes Takeover Targets in Romania
April 29, 2009, 8:00, (Property Xpress) - A German developer is considering acquiring three big former industrial platforms, located in sectors two and ...   read more
Alfa Bank Becomes Owner of Mortgaged Business Center
April 29, 2009, 7:58, (Property Xpress) - Russian Alfa Bank will become the owner of a mortgaged business center of 38,000 sq. m called Severnoe Siyanie ...   read more
CEE Developer to Start Mixed-use Complex in Kiev District
April 29, 2009, 7:33, (Property Xpress) - A developer, active in Central and Eastern Europe, plans to carry out a large-scale mixed-use scheme in the ...   read more
Austrian Investor Quits 55,000 sq. m Scheme in Russia
April 29, 2009, 7:31, (Property Xpress) - An Austrian investment company, which earlier pledged to invest about EUR one bln in Russia, will quit the ...   read more
Metro Group Opens New Cash & Carry Store in Ukraine
April 28, 2009, 14:59, (Property Xpress) - Kiev-based Metro Cash & Carry Ukraine, part of Metro Group, has opened its 25th hypermarket in the country at ...   read more
Decathlon to Open First Store in Southern Russia
April 28, 2009, 14:33, (Property Xpress) - Decathlon, part of French Oxylane Group, plans to open its first store in Russia’s southern federal region ...   read more
Sonae Sierra Suffers Losses in Romania
April 28, 2009, 14:19, (Property Xpress) - Portugal-based mall developer Sonae Sierra lost over EUR 50 mln last year because of re-evaluation of plots ...   read more
Carrefour to Sell Property Unit
April 28, 2009, 13:50, (Property Xpress) - The property arm of French retailer Carrefour is in talks to bring in institutional investors, La Tribune ...   read more
Carrefour to Sell Property Unit
April 28, 2009, 13:50, (Property Xpress) - The property arm of French retailer Carrefour is in talks to bring in institutional investors, La Tribune ...   read more
Ukrainian Retailers Report Mixed Q1 Results
April 28, 2009, 13:25, (Property Xpress) - Donetsk-based retailer Amstor closed the first quarter of 2009 with a EUR 2.6 mln net profit, compared to EUR ...   read more
Rewe Group Pushes New Brand in Smaller Cities
April 28, 2009, 13:25, (Property Xpress) - German Rewe group will open two supermarkets of its new brand Biop in Dzershinsk, after its partner Marta ...   read more
Delta With No Chance for Project in Slovenia
April 28, 2009, 13:03, (Property Xpress) - Zoran Jankovic, mayor of Ljubljana, said Delta Holding has lost the chance to remain in competition for the ...   read more
Sberbank Takes Scheme in Moscow-City for Overdue Payment
April 28, 2009, 12:54, (Property Xpress) - Russian state-controlled savings bank Sberbank became owner of the mixed-use complex Gorod Stolits in Moscow ...   read more
20,000 Sq. m Appliances Store to Open in Moscow
April 28, 2009, 12:25, (Property Xpress) - A specialist electronics and household appliance center with a total area of 20,000 sq. m will open in ...   read more
Construction of 70,000 sq. m Scheme in Omsk to Start in 2010
April 28, 2009, 12:00, (Property Xpress) - A Russian developer plans to start construction work on a 70,000 sq. m shopping and entertainment complex ...   read more
New Costa Coffee Unit to Open in Bucharest
April 28, 2009, 11:36, (Property Xpress) - A new cafГ© under the British Costa Coffee brand will open by June 15, this year on Carol Blvd, Bucharest ...   read more
Raiffeisen Keeps SEE Engagement Despite Crisis
April 28, 2009, 11:14, (Property Xpress) - Erwin Hameseder, General Director of Raiffeisen-Holding NiederГ¶sterreich-Wien, said the group will keep its ...   read more
Kiev Faces Sharp Decline in Rental Rates Q1
April 28, 2009, 10:50, (Property Xpress) - The rental rates in Kiev have faced an over 20 pct decline quarter-on-quarter in Kiev in the first quarter of ...   read more
30,000 sq. m Commercial Center Opens in Krasnodar
April 28, 2009, 10:19, (Property Xpress) - A 30,000 sq. m international commercial center ‘Kristall’ will open in Krasnodar on April 30. The 11-story ...   read more
Austrian Group Wins EUR 43 mln Contract in Croatia
April 28, 2009, 9:32, (Property Xpress) - One of the biggest construction groups in Central and Eastern Europe has won a EUR 43 mln contract to carry ...   read more

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