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Investors Keep Pace in Saratov Region
January 20, 2009, 9:54, (Property Xpress) - Despite financial conditions, some investors are trying to keep project implementation pace in the Saratov ...   read more
Pakko Holding to Sell Stake of Its Shares
January 20, 2009, 9:12, (Property Xpress) - Pakko Holding is seeking a strategic investor who would purchase a 40 pct stake of its shares instead of the ...   read more
Construction Volumes Rise in St. Petersburg
January 20, 2009, 9:12, (Property Xpress) - Last year, construction volumes in St. Petersburg, Russia, rose by 22 pct to around 3.212 million sq. m ...   read more
Immorent to Invest in Property Leasing Projects in Ukraine
January 20, 2009, 8:50, (Property Xpress) - Kiev-based Immorent Ukraine will invest around USD 60 mln in property leasing projects in the country by the ...   read more
IBSP Lends USD 3.0 mln to SKM Group
January 20, 2009, 8:40, (Property Xpress) - The International Bank of St. Petersburg (IBSP) has allocated a USD 3.0 mln loan to the development holding ...   read more
Praktiker to Open New Hypermarkets in Ukraine
January 20, 2009, 8:11, (Property Xpress) - German Praktiker, operator of one of the biggest European construction materials and household appliances ...   read more
Moscow to Develop 500,000 Sq. m of Social Homes in 2009
January 20, 2009, 8:11, (Property Xpress) - Moscow will develop some 500,000 sq. m of social residential property on Lyuberetskie fields in 2009, city ...   read more
Auchan Acquires Controlling Package in MGV Distri-Hiper in Romania
January 19, 2009, 16:11, (Property Xpress) - French retailer Auchan announced it has taken over a 51 pct stake in the MGV Distri-Hiper company, operator of ...   read more
Seventh Continent Reports 22.5 Pct Sales Growth in 2008
January 19, 2009, 15:29, (Property Xpress) - Moscow largest food chain ‘Seventh Continent’ reported a 22.5 pct year-on-year growth in 2008 in rouble ...   read more
Investment Company Concludes USD 40 mln Loan
January 19, 2009, 15:11, (Property Xpress) - A real estate development and investment company focusing on Russia said it has concluded a five-year USD 40 ...   read more
Bulgarian REIT to Spend EUR 50 mln for Office Complex
January 19, 2009, 14:32, (Property Xpress) - A Bulgarian real estate investment trust (REIT) will invest about EUR 50 mln in the development of an office ...   read more
USD 500 mln Russian Property Fund to Be Launched
January 19, 2009, 14:25, (Property Xpress) - A USD 500 mln Russian property fund to invest in large scale residential and commercial developments in ...   read more
Gated Complex under Construction near Dryanovo, Bulgaria
January 19, 2009, 13:41, (Property Xpress) - A Bulgarian-UK investment firm is carrying out an eco village near Dryanovo, Bulgaria. The vacation gated ...   read more
Krasnodar Developers Put Off Deadlines
January 19, 2009, 13:17, (Property Xpress) - The completion of at least eight development projects has been put off for several months, data of consultant ...   read more
Olympstroy Announces Tender for Infrastructure Projects
January 19, 2009, 12:22, (Property Xpress) - Olympstroy today announced a tender for design and development of roads, water and energy supply for the ...   read more
Split Becomes Owner of Dracevac Barracks
January 19, 2009, 12:03, (Property Xpress) - On Saturday, Split became owner of the big complex of the former Dracevac barracks, in the northern part of ...   read more
Westhill Postpones Projects in Romania
January 19, 2009, 11:46, (Property Xpress) - Westhill Development, a real estate company active in Romania, has delayed development of two shopping ...   read more
840,000 Sq. m Residential Space Launched in Perm
January 19, 2009, 11:14, (Property Xpress) - About 840,000 sq. m of residential real estate was launched in Perm in 2008, which is comparable to the volume ...   read more
1.4 mln Sq. m Storages Projected in Moscow by 2025
January 19, 2009, 10:54, (Property Xpress) - Over 1.4 million sq. m of storage facilities will be developed in Moscow by 2025, the city government said. ...   read more
Schweighofer Buys IKEA Plant in Siret, Romania
January 19, 2009, 10:44, (Property Xpress) - Austrian businessman Gerald Schweighofer has invested over EUR 200 mln to date in Romania’s wood processing ...   read more
Nash Kraj to Dominate in Central and Western Ukraine
January 19, 2009, 10:06, (Property Xpress) - Lutsk-based Nash Kraj intends to extend its network from 14 to 75 stores in 2009, Igor Pristupa, company PR ...   read more
Developer Places 105,000 Sq. m Mall in Moscow for Sale
January 19, 2009, 10:03, (Property Xpress) - A Russian developer has placed a 105,000 sq. m retail center for sale, which is one of the ten biggest malls ...   read more
SIF Transilvania to Invest in Hotels in Covasna, Romania
January 19, 2009, 9:45, (Property Xpress) - Management of SIF Transilvania has approved a EUR 41 mln investment in hotels the company owns in its ...   read more
Over 1,000 Low-rise Residential Buildings Planned for Ryazan by 2014
January 19, 2009, 9:37, (Property Xpress) - Over 1,000 low-rise residential buildings will be developed in Ryazan by 2014, under the state program for ...   read more
Metro Spends EUR 4.7 mln for Revamping Program
January 19, 2009, 9:13, (Property Xpress) - Metro Cash & Carry Romania, part of retail network Metro Cash & Carry International, has invested EUR 4.7 mln ...   read more

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