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Unita Turism Posts EUR 9.0 mln in Revenue in 2011
May 09, 2012, 10:47, (Property Xpress) - Romanian businessman Josef Goschy, owner of Unita Turism hotel chain, with nearly 3,500 rooms across the ...   read more
Mercator Postpones Takeover Negotiations
May 09, 2012, 9:58, (Property Xpress) - Negotiations between Slovenia’s Mercator and Montenegro’s Albona retail chain have been terminated, as the ...   read more
Croatian Retail Center to Undergo Redevelopment
May 09, 2012, 8:50, (Property Xpress) - An Israeli developer has decided to start the process of conversion of its retail project in Croatia. ...   read more
Sofia Municipality to Approve Property Swap Deal
May 09, 2012, 7:31, (Property Xpress) - Sofia Municipality intends to exchange its 25 pct stake in the Central Market Hall for the garden of the ...   read more
Immofinanz Exits Bosnia and Herzegovina
May 08, 2012, 16:11, (Property Xpress) - Austria’s real estate investor and developer Immofinanz has sold a 50 pct stake in a residential project in ...   read more
Samsung Rents 3,000 Sq. m at Bucharest Office Center
May 08, 2012, 14:54, (Property Xpress) - The Romanian subsidiary of the largest phone maker in the world, Samsung Electronics, has leased a 3,000 sq. m ...   read more
GO Sport Opens Romania Store
May 08, 2012, 14:38, (Property Xpress) - France’s GO Sport Group, with a business of EUR 680 mln in 2011, has opened its first store in Romania, in ...   read more
Boris Mints to Pay USD 56 mln for Moscow Office Portfolio
May 08, 2012, 12:57, (Property Xpress) - Structures of the O1 Properties owner, Boris Mints, have not yet fully paid for the office centers purchased ...   read more
Bosch to Start Plant Construction in Romania
May 08, 2012, 12:24, (Property Xpress) - Germany’s Bosch Group plans to invest EUR 77 mln to set up a manufacturing site for automotive electronic ...   read more
Mercator to Spend EUR 30 mln on Serbian Expansion
May 08, 2012, 12:00, (Property Xpress) - Slovenia’s largest retail group, Mercator, will invest more than EUR 30 mln in Serbia this year, president ...   read more
Energoprojekt Wins EUR 8.0 mln Contract in Russia
May 08, 2012, 11:31, (Property Xpress) - Through its Visokogradnja subsidiary, Serbia’s Energoprojekt Holding has signed a EUR 7.9 mln contract with ...   read more
Developer Expands Bucharest Logistics Center under Build-to-Suit Lease
May 08, 2012, 11:14, (Property Xpress) - An international real estate development company, known in Romania for carrying out the Bucharest office ...   read more
YIT Provides Updates on Moscow Developments
May 08, 2012, 10:13, (Property Xpress) - YIT Moskovia, part of Finland’s YIT Corporation, has started new residential building projects in the Moscow ...   read more
Furshet Hypermarket to Anchor Kiev Shopping Mall
May 08, 2012, 9:59, (Property Xpress) - Kiev-based private company Furshet, developing a supermarket chain of the same brand in Ukraine and Moldova, ...   read more
St. Petersburg Mixed-use Project Passes Public Hearing
May 08, 2012, 9:27, (Property Xpress) - A large-scale integrated development project in the St. Petersburg Primorsky district has passed public ...   read more
Montenegro to Call Tender for Factory Construction
May 08, 2012, 8:58, (Property Xpress) - A tender for construction of a new tobacco factory complex for Duvanski Kombinat Podgorica (DKP) will be ...   read more
Nike to Sign Deal with Russian Partner
May 08, 2012, 8:10, (Property Xpress) - The world’s largest sporting-goods company, Nike, is nearing signing a franchise agreement with a Russian ...   read more
FMTG Opens Croatian Resort, to Recoup EUR 160 mln Investment in Seven Years
May 08, 2012, 7:42, (Property Xpress) - Austria’s Falkensteiner Michaeler Tourism Group (FMTG) is facing one of its biggest challenges in Croatia: ...   read more
German Firm Invests USD 16 mln in Plant Construction
May 07, 2012, 15:03, (Property Xpress) - The Russian subsidiary of a German industrial group is investing EUR 16 mln in a plant for production of dry ...   read more
Auchan Starts Third Bucharest Investment
May 07, 2012, 14:38, (Property Xpress) - France’s Auchan group, which recorded a EUR 433 mln turnover in Romania last year, began work on a third ...   read more
Comfy Presents Four-Year Investment Program
May 07, 2012, 13:32, (Property Xpress) - Comfy-Trade, operating a consumer electronics and household appliances retail chain in Ukraine, plans to ...   read more
High-Rise Building and Fast Food Restaurant Projects Get Nod in Romania
May 07, 2012, 12:55, (Property Xpress) - A 25-story high-rise construction project has received an urbanism certificate in Romania. "We have applied ...   read more
Groundbreaking for USD 500 mln Housing Compound Held in Russia
May 07, 2012, 12:44, (Property Xpress) - A groundbreaking ceremony to mark the construction start of a USD 500 mln residential compound in the city of ...   read more
Croatian Construction Group Wins HRK 1.0 Bln Contract
May 07, 2012, 12:14, (Property Xpress) - The Aeroports de Paris-led consortium Zagreb Airport International Co. (ZAIC) has selected Croatian ...   read more
Update: Marriott to Add New Hotel to Russian Portfolio
May 07, 2012, 11:39, (Property Xpress) - The developer of a five star Marriott hotel in the Russian province has approved taking a RUB 3.0 bln loan, ...   read more

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