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Village Construction on 815 Ha to Start by end-2009
March 18, 2009, 11:28, (Property Xpress) - Abrossia management company has said construction work on the Igora village complex will start by the end of ...   read more
International Consultancy Abandons Romanian Residential Sector
March 18, 2009, 10:17, (Property Xpress) - An international real estate consultancy has announced its withdrawal from the Romanian residential market ...   read more
X5 Opens 7,000 Sq. m Hypermarket in Moscow
March 18, 2009, 10:17, (Property Xpress) - X5 Retail Group, Russia's largest retailer in terms of sales, has opened a 7,000 sq. m hypermarket under the ...   read more
Radu Enache to Spend EUR 45 mln for Two Hotels in Bucharest
March 18, 2009, 9:50, (Property Xpress) - Businessman Radu Enache, the owner of the Continental hotel chain will invest up to EUR 45 mln to develop two ...   read more
MirLand Development Turns to USD 103.8 mln Pre-tax Loss in 2008
March 18, 2009, 9:47, (Property Xpress) - MirLand Development Corporation, a leading international residential and commercial property developer in ...   read more
Three-Star Hotel Chain Planned for Ukraine
March 18, 2009, 9:18, (Property Xpress) - A new three-star class hotel network is expected to be established in Ukraine a Kiev-based company said in a ...   read more
TPS Looks For Retail Center Acquisition in Moscow
March 18, 2009, 9:17, (Property Xpress) - Russian company TPS, controlled by the shareholder of Novorossiysk Commercial Sea Port (NCSP), Alexandr ...   read more
ECE Closes Indefinitely Ukrainian Arm
March 18, 2009, 8:29, (Property Xpress) - German real estate firm ECE Projektmanagement has announced it is shutting down its branch in Ukraine, it said ...   read more
RTM to Quit Nine Projects Worth USD 140 mln
March 18, 2009, 8:23, (Property Xpress) - Russian developer RTM can withdraw nine projects, estimated at over USD 140 mln, after the board decided to ...   read more
Smolensk Halts Globus Hypermarket Development
March 17, 2009, 15:55, (Property Xpress) - The new mayor of Smolensk, Eduard Kachanovsky, has stopped development of the German retail chain Globus’s ...   read more
Immoeast Sells Participation in Malls and Office Centers in Romania
March 17, 2009, 15:51, (Property Xpress) - Austrian investment fund Immoeast has broken its partnership with S+B Group that has collaborated in building ...   read more
Carrefour to Open Supermarkets in Romanian Winmarkt Centers
March 17, 2009, 15:45, (Property Xpress) - Carrefour will enter the supermarket segment by renting locations of the commercial center chain Winmarkt in ...   read more
Tender on Investor Selection Expected in Montenegro
March 17, 2009, 14:35, (Property Xpress) - Montenegrin officials will announce a tender to select the investor for the Velika Plaza project that foresees ...   read more
EBRD, EIB Consider EUR 500 mln Highway Financing
March 17, 2009, 14:28, (Property Xpress) - The European Bank for Reconstruction and Development (EBRD) and the European Investment Bank (EIB) consider ...   read more
63,000 Mall to Open in Moscow in March
March 17, 2009, 13:49, (Property Xpress) - The 63,000 sq. m shopping and entertainment center ‘Specter’ will open in the south-western administrative ...   read more
Bouygues’ Subsidiary Wins EUR 150 mln Contract in Romania
March 17, 2009, 13:43, (Property Xpress) - A subsidiary of Bouygues Construction has announced it has been awarded a design-building contract in Romania ...   read more
Tishman Completes Buildings in Sofia Airport Center
March 17, 2009, 13:34, (Property Xpress) - International commercial real estate development and management company Tishman International and GE Real ...   read more
Investors to Spend EUR 200 mln in Krasnodar Resorts
March 17, 2009, 12:58, (Property Xpress) - Authorities of Krasnodar region have signed three investment agreements worth EUR 200 mln for resort ...   read more
Paradise Group and Sportland Enter Ukraine
March 17, 2009, 12:20, (Property Xpress) - Russian Paradise Group and Sportland store chain that owns more than 100 stores in Russia, Estonia, Latvia, ...   read more
St. Petersburg Allocates Two Lots for Heliport, Commercial Property
March 17, 2009, 12:18, (Property Xpress) - The Government of St. Petersburg will allocate two lots for development of the first heliport in the city, due ...   read more
Family Market to Open Stores in Serbia
March 17, 2009, 11:23, (Property Xpress) - Retail chain Family market will open 27 stores in Serbia this year, following an investment of EUR 6 mln, ...   read more
Radisson SAS to Open This Year in Kaliningrad
March 17, 2009, 11:21, (Property Xpress) - A five star Radisson SAS hotel with 187 rooms will open in Kaliningrad this year, as a part of the 48,500 sq. ...   read more
Veliko Turnovo to Tender Land Lots
March 17, 2009, 10:55, (Property Xpress) - An uncompleted property with much underground communications, designed for a children’s car town, will be ...   read more
Accor to Present Two New Brands in Russia
March 17, 2009, 10:36, (Property Xpress) - French Accor Group, operator of approximately 4,000 hotels in 140 countries worldwide, has transferred the ...   read more
Sun Plaza Mall to Open by Christmas
March 17, 2009, 10:04, (Property Xpress) - According to Sparkassen Immobilien, part of Austrian Erste Group, construction work on the Sun Plaza project ...   read more

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