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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
Archeological Campaign Started on Hotel Site in Kaliningrad, Russia
September 24, 2008, 8:04, (Property Xpress) - Archeological research has started on the site of the future Accor Hotel on Moscow Prospect Street in ...   read more
New Hotel Planned to Face Industrial Zone in Kiev
September 24, 2008, 7:34, (Property Xpress) - A new hotel is planned for the Left Riverside Street in Kiev. The new facility, a project of Maki Company is ...   read more
Domo Funds Hypermarket Opening in Novokuznetzk, Russia
September 24, 2008, 7:25, (Property Xpress) - Domo Company has allocated more than USD 4.0 mln for opening a new hypermarket in Novokuznetsk, Russia, ...   read more
Alfa Development Group to Increase Warehouse Portfolio
September 23, 2008, 17:06, (Property Xpress) - Dnipro-based Alfa Development Group intends to increase its B+ logistics complex portfolio to 220,000 sq. m in ...   read more
Investors Led by AEON Corp. Acquire 43 Pct in Astrakhan Airport
September 23, 2008, 14:56, (Property Xpress) - In a statement, AEON Corporation said it has led a number of investors, which bought a 43 pct stake in the ...   read more
ANN Acquires Mobile Phone Retailer Euroset for USD 1.25 bln
September 23, 2008, 14:48, (Property Xpress) - Russian investment company ANN, owned by billionaire Alexander Mamut, has acquired the 100 pct stake in mobile ...   read more

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