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Auchan’s Romanian Business Exceeds EUR 500 mln in 2012
May 13, 2013, 11:12, (Property Xpress) - The Romanian subsidiary of French Auchan retail chain recorded a gross turnover of RON 2.353 bln (EUR 528 mln) ...   read more
BAT Russia Leases Space at St. Petersburg Logistics Center
May 13, 2013, 10:33, (Property Xpress) - British American Tobacco Russia (BAT Russia) is consolidating its storage volumes in St. Petersburg. The ...   read more
Agrokor and Mid Europa Partners Submit Bids to Buy Controlling Stake in Mercator Group
May 13, 2013, 9:45, (Property Xpress) - Binding offers to buy 53 pct of Slovenia’s largest retailer, Mercator, have been filed by Agrokor and Mid ...   read more
Hilton Seeks Location to Build Hotel in Tomsk
May 13, 2013, 9:14, (Property Xpress) - Hilton hotel chain is considering building a mid-class hotel complex in the Russian city of Tomsk, Development ...   read more
Preparatory Work Starts on Belgrade Shopping Center
May 13, 2013, 8:55, (Property Xpress) - Preparatory work has begun on a shopping and entertainment center in the Serbian capital city of ...   read more
U.S. Pension Fund to Acquire Stake in Russian Shopping Mall
May 13, 2013, 8:13, (Property Xpress) - A major U.S. pension fund has filed an application with the Federal Antimonopoly Service of the Russian ...   read more
Oracle to Invest EUR 100 mln in Romania
May 13, 2013, 7:41, (Property Xpress) - U.S. software manufacturer Oracle will invest around EUR 100 mln in Romania, according to the Minister for ...   read more
Metro Group to Exit Bulgaria
May 10, 2013, 12:59, (Property Xpress) - Germany’s Metro Group is considering withdrawing from four countries, including Bulgaria, Egypt, Japan and ...   read more
Developer to Start 80,000 Sq. m Bucharest Office Project
May 10, 2013, 12:26, (Property Xpress) - A real estate developer is considering starting an A-class office project in Romania, with a GLA of 50,500 sq. ...   read more
Mondelez Romania to Sell Brasov Site
May 10, 2013, 11:10, (Property Xpress) - Mondelez Romania, formerly Kraft Foods, one of the biggest players in the confectionery industry, is preparing ...   read more
Yuzhny Satellite Town Project Receives Green Light
May 10, 2013, 10:36, (Property Xpress) - St. Petersburg’s Commission to draft amendments to the city’s general plan (Genplan) has approved ...   read more
Update: Kaufland to Build New Sofia Store
May 10, 2013, 9:49, (Property Xpress) - Construction of a new Kaufland hypermarket has begun in the Bulgarian capital. The store is being built in the ...   read more
55,000 Sq. m Logistics Real Estate Put up for Sale in Russia
May 10, 2013, 9:41, (Property Xpress) - A fully operational logistics center, with a total area of approximately 55,000 sq. m, has been put for sale ...   read more
Construction of Belgrade Mixed-use Scheme to Start in 2014
May 10, 2013, 9:18, (Property Xpress) - Construction of a multifunctional complex, including a hotel, luxury apartments and commercial spaces, on the ...   read more
Expoforum First Stage to Open in September
May 10, 2013, 8:43, (Property Xpress) - The official opening of the first stage of Expoforum convention and exhibition center in Shushary, at the St. ...   read more
Electroputere Park Craiova Enters Insolvency Proceedings
May 10, 2013, 8:14, (Property Xpress) - Electroputere Park Mall in the Romanian city of Craiova, opened in 2011 and leased to tenants such as H&M and ...   read more
Adria Resorts Takes over 4.9 Pct Stake in Maistra
May 09, 2013, 15:30, (Property Xpress) - Adria Resorts’ takeover bid for Maistra company has been accepted by 790 small shareholders, who have sold ...   read more
German Firm to Open EUR 4.0 mln Retail Center in Croatia
May 09, 2013, 14:45, (Property Xpress) - A German company will spend EUR 4.0 mln to open a new retail center on a 6,200 sq. m site in the Croatian city ...   read more
Update: Turkish Developer to Buy Sofia Site for EUR 5.0 Mln
May 09, 2013, 13:55, (Property Xpress) - A Sofia-based company has approved a deal to transfer its ownership rights over a 4,000 sq. m site in the ...   read more
High-Rise Project Planned in Bucharest
May 09, 2013, 13:00, (Property Xpress) - A high-rise real estate development project has been revised and presented to the Bucharest city authorities, ...   read more
Ioannis Papalekas to Develop Bucharest Office Building
May 09, 2013, 12:18, (Property Xpress) - Greek businessman Ioannis Papalekas, owner of City Mall and Tower Center properties in Bucharest, intends to ...   read more
Mercator Sells Non-core Assets in Slovenia, Exits Bulgaria
May 09, 2013, 11:50, (Property Xpress) - Slovenia’s largest retailer, Mercator, plans to sell 76 properties in Slovenia, including parking lots, ...   read more
Lviv Allocates Land for Residential Construction
May 09, 2013, 11:24, (Property Xpress) - Lviv City Council has allocated 10-year lease rights over 2.87 ha of land at 69, Dzherelnaya Street in the ...   read more
Japan to Build Serbian Embassy
May 09, 2013, 10:02, (Property Xpress) - The Embassy of Japan in Serbia has begun a project to establish a diplomatic and consular office in New ...   read more
Developer Seeks Urban Plan Approval for Romanian Site
May 09, 2013, 9:23, (Property Xpress) - An international residential real estate developer is preparing a PUZ (Urban Plan) for a land plot it owns in ...   read more

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