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Prosperity Voskhod Consolidates 15 Pct in Retailer Dixy
May 20, 2009, 12:41, (Property Xpress) - Investment fund Prosperity Voskhod became the second largest shareholder in Russian retailer Dixy, following ...   read more
Lafodia Hotel under Renovation near Dubrovnik
May 20, 2009, 12:27, (Property Xpress) - Italian owners have invested EUR 25 mln in renovation of the Lafodia Hotel on the island of Lopud, part of the ...   read more
Heberger Romanian Subsidiary Targets EUR 40 mln Projects
May 20, 2009, 11:46, (Property Xpress) - The local arm of German Heberger group, contractor for the Bucharest Business Park office building and ...   read more
12,000 Sq. m Distribution Center Opens near Kharkov
May 20, 2009, 11:43, (Property Xpress) - A 12,000 sq. m distribution center, the biggest in eastern Ukraine, has opened in the village of Solonitsevka, ...   read more
MAGNAT Reduces Commitment in Russia
May 20, 2009, 11:28, (Property Xpress) - MAGNAT Real Estate Opportunities GmbH & Co. said in a statement it has reduced its commitment in Russia, ...   read more
IKEA Gets Nod for 176,000 Sq. m Scheme in Voronezh
May 20, 2009, 11:17, (Property Xpress) - Swedish furniture maker IKEA has got the green light for its MEGA Voronezh retail complex, whose first phase ...   read more
Jupiter Adria Invests EUR 15 mln in New Hotel in Croatia
May 20, 2009, 10:40, (Property Xpress) - Owners of the Jupiter Adria Company have decided to demolish the old Preko Hotel in the town with the same ...   read more
Mirland Turns to USD 4.5 Pre-Tax Loss in Q1 2009
May 20, 2009, 10:22, (Property Xpress) - MirLand Development Corporation, one of the leading international residential and commercial property ...   read more
Roman Abramovich Buys Stake in Snegiri
May 20, 2009, 9:52, (Property Xpress) - Russian financial tycoon Roman Abramovich has acquired a 16 pct stake in local developer Snegiri, Vedomosti ...   read more
Macedonia to Announce Tender on 160 Land Lots
May 20, 2009, 9:46, (Property Xpress) - The Macedonian Government has declared its readiness to tender a land bank with 160 locations. The sites will ...   read more
West European Producer Rents Space in Metropolis Center in Romania
May 20, 2009, 8:28, (Property Xpress) - The local subsidiary of a westŠµrn European car producer said it has rented an office space in the Metropolis ...   read more
Hochtief Quits Bidding for Pulkovo Airport Reconstruction
May 20, 2009, 8:28, (Property Xpress) - German Hochtief and its Russian partner, Renova, have decided to quit the tender for the reconstruction and ...   read more
ESTA Holding Keeps Investment Plans in Ukraine
May 20, 2009, 7:48, (Property Xpress) - Investment group Esta, part of System Capital Management Group (SCM), will keep its plans to invest USD 500 ...   read more
Etalon-LenSpecSMU Lays Foundation Stone of USD 2.0 Bln Scheme
May 20, 2009, 7:46, (Property Xpress) - On Wednesday, Russian holding company Etalon-LenSpecSMU laid the foundation stone of its Emerald Hills ...   read more
EUR 50 mln Supports Retailer Expansion in Bosnia and Herzegovina
May 20, 2009, 7:14, (Property Xpress) - A EUR 50 mln loan will be granted to a local retailer to develop a store network in Bosnia & Herzegovina. ...   read more
Eurasia Leases 133,000 Sq. m Logistics Space in Yekaterinburg
May 20, 2009, 7:10, (Property Xpress) - A Russian logistics developer has leased 133,000 sq. m in its Pyshma logistics park in Yekaterinburg, ...   read more
Technomarket Enters Croatia
May 19, 2009, 14:46, (Property Xpress) - Bulgarian K&K Electronics, one of the competitors of German MediaMarkt in the Central and Eastern Europe, has ...   read more
Greenwich Plans Cottage Village near Moscow
May 19, 2009, 14:39, (Property Xpress) - Greenwich investment and development company has started development of the Greenland cottage village near ...   read more
Residents in SEZ Altai Valley to Develop Four Hotels
May 19, 2009, 14:24, (Property Xpress) - Russian special economy zone Altai Valley has signed six contracts with residents Altaitour, Region, ...   read more
30-Story Scheme Allowed to Replace Mercator Center in Zagreb
May 19, 2009, 14:23, (Property Xpress) - Zagreb City Council has approved the request of Slovenian Mercator to build a 30-story mixed-use scheme on the ...   read more
Fozzy Group Ready to Revive Arsen Chain in Ukraine
May 19, 2009, 13:53, (Property Xpress) - Fozzy Group has announced its readiness to participate in rehabilitation of the Arsen supermarket and ...   read more
EUR 20 mln Hotel Planned for Tomsk
May 19, 2009, 13:42, (Property Xpress) - An international holding will start construction work on a EUR 20 mln hotel in Tomsk in the summer of 2009. ...   read more
Nike to Run Own Chain in Russia
May 19, 2009, 13:23, (Property Xpress) - Sport goods producer Nike plans to open its own stores in Russia, after franchise holders suffered ...   read more
Developer to Dispose of Shopping Centers Portfolio
May 19, 2009, 13:22, (Property Xpress) - A Spanish developer aims to gradually dispose of its shopping centers portfolio, with focus on Spain and South ...   read more
Eldorado Opens Two Units in Moscow
May 19, 2009, 12:45, (Property Xpress) - Russian household appliances retailer Eldorado has invested over USD 3.0 mln in two new Moscow openings, ...   read more

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