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Airport Consulting Wins Tender on Airport Development Program in Ukraine
September 24, 2008, 15:08, (Property Xpress) - German Airport Consulting Partners has won the tender on the governmental program for developing Ukraine’s ...   read more
Spar and Ramstore to Enter Serbia
September 24, 2008, 14:56, (Property Xpress) - Spar, Austria’s largest supermarket chain, will soon start developing shopping centers in Serbia. The first ...   read more
Foreign Fund to Buy 20 Pct of Elran Real Estate Unit for USD 14.4 mln
September 24, 2008, 14:51, (Property Xpress) - Elran Investments, listed on the Tel Aviv Stock Exchange said its subsidiary Elran Real Estate Ltd. has signed ...   read more
Rodonit to Develop EUR 17.2 mln Wellness Hotel in Moscow Region
September 24, 2008, 14:43, (Property Xpress) - Group of companies Rodonit will develop a EUR 17.2 mln four star class wellness hotel in the Dmitrovsky ...   read more
Turkish Contractor to Fund Residential Project in Bucharest
September 24, 2008, 14:40, (Property Xpress) - Kulak Insaat, a Turkish firm known as a contractor of Iraqi military bases, will allocate EUR 40 mln for a ...   read more
VTB Bank Files Petition in Bankruptcy for Budapest Hotel
September 24, 2008, 14:32, (Property Xpress) - VTB Bank has filed a petition of bankruptcy for Budapest Hotel, which has to repay USD 41.5 mln of loans to ...   read more
First Mall to Open in Stara Zagora, Bulgaria
September 24, 2008, 14:23, (Property Xpress) - Park Mall, the first shopping and entertainment center in Stara Zagora, Bulgaria will officially open in ...   read more
Lenta Shareholders Put Off 89 Pct Sale by Month
September 24, 2008, 14:23, (Property Xpress) - August Meyer and Oleg Zherebtsov, major shareholders in Russian hypermarket network Lenta, have decided to put ...   read more
Helios to Pour USD One bln in Russian Resort
September 24, 2008, 14:10, (Property Xpress) - Group of companies Helios, part of RAMO holding, in a statement said it plans to invest USD one bln in ...   read more
USD 20 mln Hotel/Office Complex Placed for Sale
September 24, 2008, 14:03, (Property Xpress) - The owner of the hotel and office complex on the Irtysh River, has signed exclusive brokerage contracts with ...   read more
Arbat Prestige Abandons Ukraine
September 24, 2008, 13:54, (Property Xpress) - Arbat Prestige, Russian perfumery and cosmetics chain, has adopted a decision to close all its stores in ...   read more
Greek Real Estate Fund to Focus on Romania, Bulgaria
September 24, 2008, 12:56, (Property Xpress) - A Greek real estate fund plans to focus on creating an international investment portfolio by acquiring assets ...   read more
Business and Retail Center to Open in Bosnia and Herzegovina
September 24, 2008, 12:32, (Property Xpress) - Bosnia and Herzegovina-based real estate developer NBI Curic has announced it will open a EUR 8.4 mln worth ...   read more
PNK Group to Develop 100,000 Sq. m Logistics Complex in St. Petersburg
September 24, 2008, 12:23, (Property Xpress) - PNK Group said it plans to develop a 100,000 sq. m A class logistics complex in St. Petersburg called ...   read more
Martinsa Fadesa to Sell off CEE Projects
September 24, 2008, 12:20, (Property Xpress) - Spanish property developer Martinsa Fadesa said the company will sell most of its Eastern European projects ...   read more
Russian Developer Macromir Sells Off Non-Core Assets
September 24, 2008, 11:43, (Property Xpress) - After the consolidation of 99 pct in developer Macromir, Andrei Rogachev said he plans to sell off the ...   read more
Konti to Develop USD 6.7 bln Business City on Island near Krasnodar
September 24, 2008, 11:33, (Property Xpress) - Group of companies Konti, plans to develop a USD 6.7 bln business city on the Big Island in the Old Kuban Lake ...   read more
Europa Capital to Invest EUR 200 mln in Romania
September 24, 2008, 11:21, (Property Xpress) - Investment fund Europa Capital Partners will spend EUR 200 mln in Romanian real estate projects, Tim Norman, ...   read more
Honsel to Build Factory in Slatina, Romania
September 24, 2008, 11:20, (Property Xpress) - German Honsel, car parts producer, part of Honsel International Technologies group will invest over EUR 100 ...   read more
U.S. Black Sea Realty Partners to Spend USD 84 mln for Entertainment Park Upgrade
September 24, 2008, 11:18, (Property Xpress) - U.S.-based Black Sea Realty Partners plans to invest some USD 84 mln in reconstruction of the Poddubny ...   read more
IKEA to Buy Lot for 192,000 sq. m Shopping Scheme in Croatia
September 24, 2008, 10:25, (Property Xpress) - After last year’s announcement on the possible construction of an IKEA store in Split and other locations ...   read more
Stremberg to Invest USD 250 mln in St. Petersburg
September 24, 2008, 10:16, (Property Xpress) - Stremberg, developer of the biggest sports and entertainment center in the region of St. Petersburg ...   read more
Delta to Invest EUR 200 mln in Bosnia and Herzegovina
September 24, 2008, 9:44, (Property Xpress) - Serbian Delta Maxi Company aims to achieve the leader position in Bosnia and Herzegovina’s retail sector ...   read more
Detsky Mir Opens New Stores in Russia
September 24, 2008, 8:40, (Property Xpress) - Detsky Mir Group, Russia’s leading retail operator of children goods, has opened two new stores in Shahty, ...   read more
Altex Arrives in Iasi
September 24, 2008, 8:18, (Property Xpress) - Altex Romania, leader in Romanian retail electronics, household appliances and IT products market, has opened ...   read more

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