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Arabian Firm Stops Mixed-use Project in Romania
February 11, 2009, 14:40, (Property Xpress) - An Arabian real estate developer, financed by members of Abu Dhabi’s ruling family, has decided to halt its ...   read more
Stroimontage Sells Elite Residential Project in St. Petersburg
February 11, 2009, 14:27, (Property Xpress) - Russian corporation Stroimontage has transferred the elite class real estate project on 32, Robespierre Street ...   read more
Romanian Impact Reports 40 Pct Turnover Rise in 2008
February 11, 2009, 13:48, (Property Xpress) - Impact Developer & Contractor SA registered a EUR 38.7 mln turnover in 2008, a 40 pct rise on the year. Impact ...   read more
Glavstroy Seeks Co-investor for Open Market Reconstruction
February 11, 2009, 13:44, (Property Xpress) - Russian company Glavstroy, part of Basic Element holding, is considering attracting co-investors for ...   read more
Large-Scale Malls to Open in Kiev
February 11, 2009, 13:19, (Property Xpress) - The average volume for new shopping and entertainment centers in 2009-2010 is expected to be two times bigger ...   read more
Miel Freezes New Cottage Projects to April
February 11, 2009, 13:11, (Property Xpress) - Russian holding company Miel, has decided to put off the start of new cottage village projects to March or ...   read more
Continental Group to Spend USD 30 mln in 2009
February 11, 2009, 12:44, (Property Xpress) - Hotelier group Continental, controlled by businessman Radu Enache, has a EUR 30 mln budget for 2009 for ...   read more
St. Petersburg Sells Cinema, Cultural Center
February 11, 2009, 12:41, (Property Xpress) - The state property fund (SPF) of St. Petersburg will sell the Maksim cinema building and Tsyurupy cultural ...   read more
Costa Coffee Arrives in Zagreb, Croatia
February 11, 2009, 11:59, (Property Xpress) - After opening its first café in Split, Croatia, in September, last year, Costa Coffee has also entered ...   read more
ALPI Covers Debts to Ursa Bank with Retail Properties
February 11, 2009, 11:59, (Property Xpress) - Krasnoyarsk-registered company ALPI, has transferred four retail properties with a total area of 60,000 sq. m ...   read more
Tower Buildings Planned for Bucharest, Romania
February 11, 2009, 11:04, (Property Xpress) - Skyscrapers of 53 to 155 meters are projected for Bucharest and subject to approval by the City Council. The ...   read more
EBRD to Provide USD 40 mln for Logistics Complex in Novosibirsk
February 11, 2009, 10:52, (Property Xpress) - The European Bank for Reconstruction and Development (EBRD) is considering allocation of a senior loan and ...   read more
Lidl Opens New Store in Sibiu, Romania
February 11, 2009, 10:10, (Property Xpress) - German retailer Lidl intends to open a new supermarket in Selimbar, near Sibiu, Romania, on a 0.5-ha plot. The ...   read more
VTB Group Increases Credit Line to X5 to USD 251 mln
February 11, 2009, 10:08, (Property Xpress) - X5 Retail Group N.V., Russia's largest retailer in terms of sales, announced today that VTB Group has ...   read more
State-owned Firm to Build Industrial Zones in Bulgaria
February 11, 2009, 9:33, (Property Xpress) - A state-owned firm to be engaged in Bulgarian industrial zone construction and management has been founded by ...   read more
USD 75 mln Office Center Planned for St. Petersburg
February 11, 2009, 9:33, (Property Xpress) - A 30,000 sq. m A class office complex will be developed near Nevsky Prospect in St. Petersburg, following an ...   read more
ZARA, Breshka to Open Units in Sibirsky Mall
February 11, 2009, 8:46, (Property Xpress) - Fashion brands ZARA and Breshka will open their second units in Russia in Sibirsky Mall shopping and ...   read more
Metro Open New Stores in Ukraine
February 11, 2009, 8:05, (Property Xpress) - Kiev-based Metro Cash and Carry Ukraine intends to open one store in Kharkov and Kiev in 2009, Petro Kaban, ...   read more
Pharmaceutical Distributor Protek Acquires 6,000 Sq. m Storage
February 11, 2009, 8:02, (Property Xpress) - Russian pharmaceutical distributor Protek has acquired a 100-pct stake in ASB-Center, the main asset of which ...   read more
Update: Winner Named on Airport Upgrade Tender in Odessa
February 10, 2009, 15:48, (Property Xpress) - Odessa said the winner in the tender to select a partner for reconstruction and modernization of Odessa ...   read more
Update: Magna to Put into Operation St. Petersburg Facilities by 2011
February 10, 2009, 15:48, (Property Xpress) - Automotive spare parts supplier Magna will lay the foundation stone of its production facilities in the ...   read more
Romanian Stil Hotel Put for Sale
February 10, 2009, 15:30, (Property Xpress) - Businessman Alin Burcea, owner of Romania’s biggest travel agency Paralela 45, has his Bucharest-based four ...   read more
Moscow Developer Sells 38,000 Sq. m Mall Project
February 10, 2009, 15:28, (Property Xpress) - A Moscow-based developer has placed a 38,000 sq. m shopping and entertainment project for sale in Lipetsk, as ...   read more
DTZ Leases Space in Logistics Park in Ukraine
February 10, 2009, 15:08, (Property Xpress) - Kiev-based consultant company DTZ has leased 1,880 sq. m to a German logistics operator in the Universal ...   read more
Baltic Perl to Launch 180,000 Sq. m Residential Space in 2009
February 10, 2009, 14:29, (Property Xpress) - Russian company ZAO Baltic Perl, can launch about 180,000 sq. m of residential space by the end of the year in ...   read more

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