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First Phase of Arkhyz Resort Set to Open by 2015
May 19, 2009, 8:31, (Property Xpress) - Construction of the Arkhyz all-year mountain resort will begin in the third quarter of the year in the ...   read more
Serbian Retailer to Invest EUR 15 mln in Bulgarian Logistics Complex
May 19, 2009, 8:03, (Property Xpress) - A Serbian retailer wants to develop a 30,000 sq. m logistics complex in the Sofia East industrial zone, ...   read more
Armax to Invest USD 110 mln in Logistics Center
May 19, 2009, 7:42, (Property Xpress) - St. Petersburg-based group Armax Group plans to invest about USD 110 mln in development of a production and ...   read more
US Concern to Fund Industrial Parks in Romania
May 19, 2009, 7:17, (Property Xpress) - A US concern has announced that its real estate division has allocated the first tranche of the EUR 280 mln ...   read more
30,000 Sq. m Innovation Center Planned for Moscow
May 19, 2009, 7:16, (Property Xpress) - An over 30,000 sq. m innovation center will be developed on the Ozerkovskaya embankment in Moscow, a city ...   read more
TMM Expects Double Rise in Ukrainian Residential Volume
May 18, 2009, 14:51, (Property Xpress) - Kiev-based construction company TMM plans to put more than 160,000 sq. m of apartments into operation in 2009, ...   read more
Finnish Company to Invest EUR 100 mln in Russian Developments
May 18, 2009, 14:38, (Property Xpress) - A Finnish concern said it plans to invest about EUR 100 mln this year in Russian real estate developments. ...   read more
Retailers Request Rental Rate Reduction in Varna, Bulgaria
May 18, 2009, 14:25, (Property Xpress) - Tenants in Mall Varna have insisted on a rental rate reduction of 50 pct since January 1, 2009, as well as ...   read more
Azbuka Vkusa Co-Owners Revive Olivie Chain
May 18, 2009, 13:44, (Property Xpress) - Co-owners of Azbuka Vkusa chain, Sergey Vereshchagin and Oleg Trykin, have restarted their second retail ...   read more
OK Expected to Leave Ukraine
May 18, 2009, 13:22, (Property Xpress) - Retail chain OK Ukraine is expected to leave the Ukrainian market soon and considering the opportunity to sell ...   read more
SV Group Borrows USD 160 mln
May 18, 2009, 13:13, (Property Xpress) - Russian SV Group has attracted a USD 161 mln credit from MDM Bank, pledging property and commodity stock as a ...   read more
Delin Development Stops Logistics Project in Kiev District
May 18, 2009, 12:25, (Property Xpress) - Delin Development, a company specializing in development and investment in warehouse, office, residential and ...   read more
Eastern European Property Reports GBP 1.1 mln Profit in 2008
May 18, 2009, 11:54, (Property Xpress) - Eastern European Property Fund Ltd said it has generated a net profit of GBP 1.1 mln in 2008, representing a ...   read more
PIK Officially Denies SU-717 Deal
May 18, 2009, 11:53, (Property Xpress) - Russian developer PIK has officially denied a deal for the sale of a 40 pct stake to SU-717. It added that no ...   read more
Consumer Goods Maker to Develop USD 30 mln Logistics Center
May 18, 2009, 10:49, (Property Xpress) - The local arm of an international consumer goods producer plans to invest about USD 31 mln in development of a ...   read more
Lviv Ready to Auction New Plots
May 18, 2009, 10:49, (Property Xpress) - Lviv City Council has scheduled a new land auction for June 9, offering investors six plots for residential ...   read more
Ruric Management Cuts St. Petersburg Project with USD 500 mln
May 18, 2009, 10:24, (Property Xpress) - Ruric Management, a subsidiary of Swedish-based investment vehicle Russian Real Estate Investment Company AB ...   read more
Mixed-use Scheme Approved in Odessa, Ukraine
May 18, 2009, 9:50, (Property Xpress) - Odessa City Council has approved the preliminary design of a mixed-use complex in Lanzheron Beach, worked out ...   read more
Ghelamco Russia Kicks Off Large Logistics Scheme
May 18, 2009, 9:28, (Property Xpress) - Ghelamco Russia has started the development of a 223,000 sq. m scheme, called ‘Dmitrov Logistics Park’, 30 ...   read more
New Hotel Opens in Biograd na Moru, Croatia
May 18, 2009, 9:12, (Property Xpress) - A four star class hotel has been launched in the Croatian city of Biograd na Moru, after a reconstruction of ...   read more
Metro Open Second Hypermarket in Novosibirsk
May 18, 2009, 8:30, (Property Xpress) - The retail arm of German concern Metro group, Metro Cash & Carry, has started construction of a new ...   read more
EBRD Gives EUR 50 mln for Romanian project
May 18, 2009, 8:17, (Property Xpress) - The European Bank for Reconstruction and Development (EBRD) will allocate EUR 50 mln to Romanian state-owned ...   read more
Detsky Mir Flagship Store Changes Hands
May 18, 2009, 7:44, (Property Xpress) - Russian financial corporation Sistema (AFK Sistema) has transferred the 100 pct stake of Lubyanka Development, ...   read more
Developer Offsets Real Estate Losses with Hotel Business in Romania
May 18, 2009, 7:38, (Property Xpress) - A Romania developer said it will apply a more aggressive strategy in the hotel business segment to offset real ...   read more
USD 220 mln Golf Club Planned for Sochi
May 18, 2009, 7:11, (Property Xpress) - A USD 220 mln golf club will be developed near the 2014 Winter Olympics host city of Sochi, following the ...   read more

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