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St. Petersburg Extends Deadline for Hotel Alrosa
February 10, 2009, 13:55, (Property Xpress) - The government of St. Petersburg has extended the deadline for completion of Hotel Alrosa, owned by Alrosa ...   read more
IKEA to Build First Shopping Center in Ukraine
February 10, 2009, 13:51, (Property Xpress) - Swedish IKEA plans to start development of its first shopping center in Ukraine in the autumn, this year. The ...   read more
St. Petersburg Considers Sale of 49 Pct in Ohta Center Project
February 10, 2009, 12:53, (Property Xpress) - St. Petersburg is considering putting a 49-pct stake in the Ohta Center business complex in an open tender, ...   read more
ECPC Announces Mall Revaluation in Bulgaria
February 10, 2009, 12:34, (Property Xpress) - The Board of European Convergence Property Company Plc (ECPC) has announced the results of an independent ...   read more
OBI Worries about Currency Downfall in Romania
February 10, 2009, 11:32, (Property Xpress) - Romano Quinzi, Genral Director of OBI Romania, said the biggest challenge for 2009 will be the downfall of the ...   read more
4,500 Sq. m Hotel Planned for St. Petersburg Satellite
February 10, 2009, 11:28, (Property Xpress) - A 4,500 sq. m hotel with 80 rooms will be developed in the center of St. Petersburg’s satellite town of ...   read more
Detsky Mir Opens New Store in Moscow
February 10, 2009, 10:13, (Property Xpress) - Detsky Mir Group, Russia’s leading retailer of children goods, has opened its 32nd supermarket in Moscow. ...   read more
Selgros to Open New Stores in Romania
February 10, 2009, 10:13, (Property Xpress) - Commercial chain Selgros Cash & Carry, part of the Rewe Group, has adopted a EUR 30 to 40 mln investment ...   read more
UniCredit Grants First Loan Tranche for Mall Project in Sofia, Bulgaria
February 10, 2009, 9:58, (Property Xpress) - Unicredit Bulbank has granted the first tranche of the planned loan for construction work on the Bulgaria ...   read more
Sportmaster Opens 5,000 Sq. m Hypermarket near Moscow
February 10, 2009, 9:56, (Property Xpress) - Russian group of companies Sportsmaster has anchored its 5,000 sq. m hypermarket in a retail center on ...   read more
Investors Consider Withdrawal from Radisson Hotel in Kiev
February 10, 2009, 9:04, (Property Xpress) - Investors in the five-star hotel at 35, 37 Bolshaya Vassilkovskaya Street in Kiev do not exclude the option to ...   read more
USD 100 mln Airport Planned for Vladivostok
February 10, 2009, 8:49, (Property Xpress) - Russian company OAO ‘International Airport Sheremetyevo’ will develop a USD 100 mln airport terminal in ...   read more
Romanian Curtici Free Zone to Be Transformed into Industrial Park
February 10, 2009, 8:01, (Property Xpress) - The administration of Curtici, Arad district, Romania, has proposed transforming the Free Zone Curtici-Arad ...   read more
New Residential District Planned for Tver
February 10, 2009, 8:00, (Property Xpress) - A new residential micro district for 6,000 will be developed in Tver by 2011, following signing of an ...   read more
Leader Corporation to Invest USD 55 mln in Residential Complex
February 09, 2009, 15:22, (Property Xpress) - Financial and construction corporation Leader says it has started development of a USD 55 mln residential ...   read more
Residential and Recreation Complex Planned for Zaporozhye, Ukraine
February 09, 2009, 14:48, (Property Xpress) - Odessa-based SPS Holding intends to build a residential and recreation complex in Zaporozhye, at the ...   read more
Sibir-Invest to Develop Five Cottage Villages
February 09, 2009, 14:45, (Property Xpress) - Krasnoyarsk-based building company Sibir-Invest said it plans to develop five different class cottage villages ...   read more
Aroma Espresso Bar Enters Ukraine
February 09, 2009, 14:22, (Property Xpress) - Last week, Israeli chain Aroma Espresso Bar, controlled by Yariv Shefa, opened its first café in Ukraine, in ...   read more
230,000 Sq. m Extreme Center to Pop Up near Moscow
February 09, 2009, 14:22, (Property Xpress) - The total area of the projected extreme sports center in the village of Orlovo, near Moscow, will exceed ...   read more
German Investors to Spend EUR 100 mln in Ukraine
February 09, 2009, 13:45, (Property Xpress) - A group of German investors have announced their intention to spend over EUR 100 mln in acquiring Ukrainian ...   read more
7-Ha Plots to Be Put on Auction in Brovary, Ukraine
February 09, 2009, 13:15, (Property Xpress) - A land auction will be conducted in Brovary, Ukraine, on March 3. 2009 to sell long-term rental rights for six ...   read more
Real Hypermarket Planned for Tambov
February 09, 2009, 13:14, (Property Xpress) - OOO ‘Real Hypermarket’ plans to open a hypermarket under the same brand in Tambov this summer, local ...   read more
Retail Rents Suffer Up to 20 Pct Decline in Croatia
February 09, 2009, 12:36, (Property Xpress) - The rent price for retail spaces has declined by 10 to 20 pct compared to the previous year in Croatia. As a ...   read more
Developer RIGroup Hires ORSI as Manager
February 09, 2009, 12:21, (Property Xpress) - Russian development company RIGroup has signed an agreement to go under the management of OOO ORSI Group, ...   read more
Orascom Denies Rumor on Project Delay in Montenegro
February 09, 2009, 11:14, (Property Xpress) - Egyptian Orascom has denied the information provided by Bloomberg, that construction work on its tourist ...   read more

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