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Mosmart to Hike Capital by USD 70 mln
February 17, 2009, 14:23, (Property Xpress) - Major shareholders in Russian hypermarket chain Mosmart, Mikhail Bezelyansky and Andrey Sheluhin, have ...   read more
Raven Russia Hopes to Raise GBP 125 Mln
February 17, 2009, 13:43, (Property Xpress) - UK-registered company Raven Russia, set up in 2005 and specializing in Russian commercial real estate, hopes ...   read more
Industrial and Logistics Developer Focused on CEE Files for Bankruptcy
February 17, 2009, 13:31, (Property Xpress) - A European developer of tailor-made industrial and logistics real estate has announced in a statement that it ...   read more
Mosenergo in Talks to Sell Headquarters
February 17, 2009, 13:00, (Property Xpress) - Russian energy and heat provider Mosenergo, is in talks for the sale of its headquarters near the Kremlin in ...   read more
H&M Opens First Russian Units in Spring
February 17, 2009, 12:55, (Property Xpress) - Swedish fashion retailer Hennes & Mauritz AB (H&M) will open its first Russian units in the spring of 2009. ...   read more
100-Room Hotel Planned for Vasilyevsky Island
February 17, 2009, 12:54, (Property Xpress) - Russian company Prichal plans to develop a three star hotel with 100 rooms on Vasilyevsky Island in St. ...   read more
Ukrrosmetall Opens ‘Kiev’ Center in Poltava, Ukraine
February 17, 2009, 12:24, (Property Xpress) - Ukrrosmetall Company has completed the mixed-use complex, ‘Kiev’, at 6a, Zenkovskaya Street in Poltava, ...   read more
Dayland Group to Arrive in Serbia
February 17, 2009, 12:18, (Property Xpress) - Austrian Dayland Group has announced it intends to enter Serbia soon, following the arrival of Roses Fashion ...   read more
Consol Completes Office Center in Ukraine
February 17, 2009, 11:01, (Property Xpress) - Simferopol-based development company Consol Ltd has completed construction work on the ‘Civilization’ ...   read more
Russian Logistics Developer Closes Subsidiary, Cuts Staff
February 17, 2009, 10:20, (Property Xpress) - A Russian developer, focused on A class industrial property in Russia and the CIS, has closed one of its units ...   read more
Mall Opening Delayed in Bucharest, Romania
February 17, 2009, 10:19, (Property Xpress) - The opening of the EUR 187 mln ‘Grand Arena’ in Bucharest, has been delayed for a second time to March 25, ...   read more
DEGI Ready for New Investments in Romania
February 17, 2009, 10:01, (Property Xpress) - Investment fund Deutsche Gesellschaft fur Immobilienfonds (DEGI), part of Aberdeen Property Investors Group, ...   read more
Land for Olympic Projects in Sochi Grows 45 Pct
February 17, 2009, 9:24, (Property Xpress) - Total area of the Sochi 2014 Winter Olympics land has been increased by 45 pct to 6,500 ha, deputy head of ...   read more
Felinvest Starts Residential Project in Cluj, Romania
February 17, 2009, 8:58, (Property Xpress) - Cluj-based Felinvest, controlled by Octavian and Calin Buzoianu brothers, will use its own funds to finance ...   read more
New Cinema Chain Planned for Russia
February 17, 2009, 8:39, (Property Xpress) - The founder of Kronverk Cinema, Eduard Pichugin, producer Sergey Selyanov and director Fedor Bondarchuk, plan ...   read more
Moscow to Develop 7.0 Mln sq. m near Moscow-City
February 16, 2009, 16:00, (Property Xpress) - Moscow plans to develop about seven million sq. m of social and business projects on the land, adjacent to the ...   read more
Gea-Prasa to Start Second Residential Project in Romania
February 16, 2009, 15:55, (Property Xpress) - Spanish real estate developer Gea-Prasa intends to build its second residential project in Bucharest on the ...   read more
No Buyers for Heliopark Old Estate in Pskov
February 16, 2009, 15:31, (Property Xpress) - Management company Heliopark Group says it has been in talks for the sale of Heliopark Old Estate Hotel in ...   read more
Update: 51 Pct Stake in 75,000 Sq. m Scheme Sold for EUR 7.14 mln in Bulgaria
February 16, 2009, 14:58, (Property Xpress) - As Property Xpress earlier reported, Elbit Imaging’s subsidiary Plaza Centers paid a local developer EUR ...   read more
MTS Subsidiary Gets Nod for 99 Pct in Eldorado
February 16, 2009, 14:42, (Property Xpress) - Daga Retail Holding, a subsidiary of Russian mobile operator MTS, has received the green light from Russian ...   read more
Smak Units in Ukraine to Host Spar
February 16, 2009, 13:55, (Property Xpress) - Spar supermarkets will be accommodated in Russian chain Smak stores that closed at the end of 2008. The first ...   read more
Officials Approve USD 500 mln Scheme in Kiev
February 16, 2009, 13:49, (Property Xpress) - Kiev City Council has approved a project including a 160-m high office and hotel complex and a four-level ...   read more
Dambovita Project to Be Approved in Bucharest
February 16, 2009, 13:21, (Property Xpress) - Approval for Dambovita Center project, already accepted by the Technical Commission of Urbanism and Territory ...   read more
Sisecam to Invest up to USD 190 mln in Russian Factory
February 16, 2009, 13:18, (Property Xpress) - Turkish glass manufacturer Sisecam, owned by Is Bankasi plans to invest between USD 180 mln and 190 mln in a ...   read more
Vester Forecasts 50 Pct Turnover Increase in 2009
February 16, 2009, 13:01, (Property Xpress) - Russian retail chain Vester forecasts a 50 pct turnover increase in 2009 to about USD 711 mln, compared to USD ...   read more

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