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Update: Bosch to Invest EUR 77 mln in Romanian Plant
February 15, 2012, 13:58, (Property Xpress) - Cluj County Council today unanimously approved the contract with Bosch that will be signed on Friday, after ...   read more
SC Karat Wins Auction to Buy Bellevue Hotel
February 15, 2012, 13:36, (Property Xpress) - OOO SC Karat has won the auction of the Property Fund of St. Petersburg to sell Bellevue Hotel, along with the ...   read more
Kozmo to Roll out 15 Stores in 2012
February 15, 2012, 13:19, (Property Xpress) - Croatian drugstore chain Kozmo has set a goal of opening 15 new stores in the current year. Last year the ...   read more
Walmart Named Likely Buyer of Karusel Retail Chain
February 15, 2012, 12:27, (Property Xpress) - The world’s largest retailer, Walmart, is close to buying Russian hypermarket operator Karusel for around ...   read more
S-Immo Signs Lease Deal for Bucharest Office Building
February 15, 2012, 11:57, (Property Xpress) - Austria’s Sparkassen Immobilien (S-Immo), the real estate investment arm of Erste Bank, has signed a lease ...   read more
IKEA to Set up Wood Processing Complex in Russia
February 15, 2012, 11:37, (Property Xpress) - Swedish furniture manufacturer and retailer IKEA is considering establishing wood processing and furniture ...   read more
Montenegro to Issue Building Permits for Coastal Hotels
February 15, 2012, 10:54, (Property Xpress) - The Montenegro’s Ministry of Sustainable Development and Tourism have recently issued several building ...   read more
August Meyer and Dmitry Kostygin to Buy Land for First Enel Store
February 15, 2012, 10:19, (Property Xpress) - The former owners of the St. Petersburg hypermarket chain Lenta, Dmitry Kostygin and August Meyer, are nearing ...   read more
ESTA Group Starts TSUM Reconstruction
February 15, 2012, 9:55, (Property Xpress) - ESTA Group has started preparations for reconstruction of the Kiev Central Department Store (TSUM), with ...   read more
Shopping Project Approved in Chelyabinsk Region
February 15, 2012, 9:21, (Property Xpress) - A shopping and entertainment center project was approved at the end of last week by the town planning board of ...   read more
Developer Restarts Bucharest High-rise Project
February 15, 2012, 9:01, (Property Xpress) - A mixed-use real estate project including two towers is to be developed in the Romanian capital, at the ...   read more
Flanco Reports 38 Pct Revenue Increase for Full Year 2011
February 14, 2012, 17:07, (Property Xpress) - Romania’s IT and consumer electronics retailer Flanco had an operating profit of EUR 3.5 mln in 2011 backed ...   read more
Developer Wins Land Auction, to Build 80,000 Sq. m of Housing
February 14, 2012, 16:31, (Property Xpress) - A residential property developer said it has won an auction to lease land in the Moscow regional city of ...   read more
Gorenje to Spend EUR 20 mln on Serbian Production Plant
February 14, 2012, 15:22, (Property Xpress) - Verica Kalanovic, Deputy Prime Minister of the Government of Serbia, and Branko Apat, member of the management ...   read more
500,000 Sq. m of Housing to Appear on Fond RGS Land in Krasnodar
February 14, 2012, 15:10, (Property Xpress) - Russia’s federal fund to promote housing construction (Fond RGS) has signed an agreement with the winner of ...   read more
Johnny Rockets Registers Two Brands in Ukraine
February 14, 2012, 13:57, (Property Xpress) - American restaurant franchise Johnny Rockets has registered two of its brands in Ukraine, the Ukrainian ...   read more
Semya Acquires Kaliningrad Land
February 14, 2012, 13:48, (Property Xpress) - Trading house Semya (OOO TDS Kaliningrad) has won an auction organized by the City of Kaliningrad to purchase ...   read more
Lindex to Enter Serbian Market
February 14, 2012, 13:21, (Property Xpress) - One of the leading fashion chains in Northern Europe, Lindex, part of the Finnish Stockmann Group, will soon ...   read more
DekMos: Moscow Hotel to Absorb RUB 16 Bln Investment
February 14, 2012, 13:00, (Property Xpress) - Investment in construction of Moskva (Moscow) Hotel will total RUB 16.2 bln, DekMos CEO Goarik Kotadzhyan ...   read more
Mega Image Adds Two New Stores in Romania
February 14, 2012, 12:38, (Property Xpress) - Mega Image will open two new Romanian supermarkets on February 15, including a 620 sq. m Mega Image store in ...   read more
McDonald’s to Undertake Regional Expansion
February 14, 2012, 12:07, (Property Xpress) - Fast food restaurant chain McDonald’s, operating more than 300 outlets in Russia, is planning to actively ...   read more
Luxury Residential Project under Construction in Kharkov
February 14, 2012, 11:25, (Property Xpress) - A Ukrainian company is carrying out construction of a premium class residential complex near the business and ...   read more
Mosipoteka Sells Land for Logistics Development
February 14, 2012, 10:47, (Property Xpress) - Moscow Mortgage Center group of companies (Mosipoteka) has closed a deal to sell 26 ha of land at Orudevo ...   read more
Mandarin Plaza Sees 2011 Net Profit Double to UAH 25 mln
February 14, 2012, 10:30, (Property Xpress) - Kiev-based Mandarin Plaza posted a net profit of UAH 24.548 mln in 2011, backed by a 15.43 pct increase in ...   read more
Bank of Moscow to Auction Premier Estate Loan Rights
February 14, 2012, 10:13, (Property Xpress) - The Bank of Moscow has scheduled an auction for March 16 to sell rights on loans granted to Premier Estate and ...   read more

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