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Court Gives Back Ukraine Hotel to NRC
April 07, 2009, 7:59, (Property Xpress) - Russian National Reserve Corporation (NRC) has received the right to regain the Kiev-based Ukraine Hotel ...   read more
Vnesheconombank Borrows USD 180 mln for Airport
April 07, 2009, 7:57, (Property Xpress) - State corporation Bank for Development and Foreign Economic Affairs (Vnesheconombank) has borrowed USD 180 mln ...   read more
Banker Meinl Free on Record EUR 100 mln Bail
April 07, 2009, 7:15, (Property Xpress) - Austrian public prosecutors approved the release on Thursday of Julius Meinl in return for surrender of his ...   read more
Yuterra to open Two Stores in Samara in 2009
April 07, 2009, 7:14, (Property Xpress) - Lipetsk-based household products chain Yuterra plans to open two stores of about 1,300 sq. m each in Samara ...   read more
Serbian Retailer to Sell 68 Units
April 06, 2009, 15:15, (Property Xpress) - A Serbian retailer announced it is ready to sell 68 business locations in Belgrade and other cities across ...   read more
Direct Capital in Cash Difficulties
April 06, 2009, 14:46, (Property Xpress) - Direct Capital, held by Ariel Prashkovsky, is suffering cash difficulties, following a deep decline in the ...   read more
EGLE, Message Replace Arbat Prestige in St. Petersburg
April 06, 2009, 14:39, (Property Xpress) - EGLE and Message will occupy the 230 sq. m store, vacated by the Arbat Prestige chain on Nevsky Prospect in ...   read more
Sofia Breaks Ground for New Residential Scheme
April 06, 2009, 14:26, (Property Xpress) - Bulgaria's Minister of Regional Development Assen Gagauzov, broke the ground and gave the symbolical start of ...   read more
Ginza Project Closes Tiffany’s Café in St. Petersburg
April 06, 2009, 14:00, (Property Xpress) - Tiffany’s café, the most popular elite restaurant in St. Petersburg, will be replaced with a cheaper brand, ...   read more
Flas to Open First Phase of Nauchniy Quarter in Kharkov, Ukraine
April 06, 2009, 13:31, (Property Xpress) - Construction entity Flas plans to put the first phase of the Nauchniy residential quarter into operation on ...   read more
Appliances Producer Launches Monobrand Chain
April 06, 2009, 13:07, (Property Xpress) - A household appliance producer plans to launch a chain of monobrand stores in Russia, with 10 to 15 openings ...   read more
Bulgarian Holding Seeks Partner for EUR 400 mln Mixed-use Scheme
April 06, 2009, 12:47, (Property Xpress) - A Bulgarian-registered holding company is seeking a partner in its mixed-use project, it said at the first ...   read more
Italian Cement Producer Starts Plant Project in Albania
April 06, 2009, 12:37, (Property Xpress) - Italian Colacem Group, one of the largest cement producers and distributors, has started construction work on ...   read more
Konstantin Ernst to Enter USD 300 mln Cinema Complex Project
April 06, 2009, 12:27, (Property Xpress) - General Manager of Russia’s First Channel, Konstantin Ernst, is in talks for entering the USD 300 mln motion ...   read more
Montenegro Extends Lease Tender for Valdanos Complex
April 06, 2009, 12:03, (Property Xpress) - The Montenegrin Government has extended the deadline for submitting bids in the tender on long-term rental of ...   read more
Bulgarian Business Park Selects Prime Contractor
April 06, 2009, 11:48, (Property Xpress) - A Bulgarian real estate investment trust says it has completed the design of the first phase and launched a ...   read more
Walmart Renews Talks for Acquisition of Russian Retailer
April 06, 2009, 11:42, (Property Xpress) - U.S. Walmart has restarted talks for acquisition of a majority stake in the St. Petersburg-based retailer ...   read more
Deichmann to Open New Stores in Bulgaria
April 06, 2009, 10:43, (Property Xpress) - German footwear retailer Deichmann plans to open five stores in different Bulgarian cities by the end of this ...   read more
Deripaska Gets Respite for USD 500 mln Debt
April 06, 2009, 10:23, (Property Xpress) - Shareholders in Austrian construction concern Strabag SE gave Russian businessman Oleg Deripaska, owning 25 ...   read more
Hotel Aristos Undertakes EUR 16 mln Extension in Zagreb, Croatia
April 06, 2009, 10:15, (Property Xpress) - The owner of Zagreb-based hotel Aristos in the business center Buzin, has spent EUR 16 mln to add a 10,000 sq. ...   read more
15 High-rise Developments Projected for East Moscow
April 06, 2009, 9:14, (Property Xpress) - The development of 15 high-rise projects is foreseen for the eastern administrative region of Moscow, under ...   read more
79,000 Sq. m Scheme Proposed for Downtown Moscow
April 06, 2009, 9:13, (Property Xpress) - A 79,000 sq. m mixed-use complex with a hotel compound is proposed on 1.5-ha in central Moscow, a source in ...   read more
PIK Group Mandates Sberbank to Restructure USD 1.34 bln Debt Portfolio
April 06, 2009, 8:50, (Property Xpress) - PIK Group, one of Russia's leading residential real estate developers, has said it has exclusively mandated ...   read more
Bosnia and Herzegovina Ask EBRD for EUR 25 mln for Infrastructure
April 06, 2009, 8:46, (Property Xpress) - Bosnia and Herzegovina has applied for a EUR 25 mln loan from the European Bank for Reconstruction and ...   read more
Mirax Continues Multimillion Investments in Montenegrin Development, Tourism
April 06, 2009, 8:36, (Property Xpress) - Mirax Balkan, part of Mirax Group, plans to continue with development projects in Montenegro, as well as ...   read more

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