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Investors Review Plans for DIY Hypermarkets in Siberia
February 04, 2009, 13:31, (Property Xpress) - Several DIY hypermarket openings were scheduled for the Siberia region in 2009, but new financial conditions ...   read more
Embassy Group and Fiat Group to Freeze Investments in Serbia
February 04, 2009, 12:27, (Property Xpress) - Indian real estate developer Embassy Group has decided to halt a EUR 429 mln investment in a new IT business ...   read more
VTB Increases Credit Line to Lenta to USD 97 mln
February 04, 2009, 12:24, (Property Xpress) - Russian VTB bank has increased the credit line to local retail chain Lenta by USD 83 mln to USD 97 mln, the ...   read more
Gated Complex Construction Starts in Sofia, Bulgaria
February 04, 2009, 11:42, (Property Xpress) - Construction work on a gated complex with family houses in the Sofia quarter Malinova Dolina has started, ...   read more
USD 350 mln Logistics Complex Planned for St. Petersburg
February 04, 2009, 11:41, (Property Xpress) - A Russian developer said it plans to develop a USD 350 mln logistics complex on Pulkovskoe Road in St. ...   read more
Ablon Stops Romanian Projects
February 04, 2009, 11:21, (Property Xpress) - Ablon Group Limited ('Ablon'), a real estate owner and developer in Central and Eastern Europe, has announced ...   read more
UMMC Postpones Indefinitely Yekaterinburg-City Project
February 04, 2009, 11:05, (Property Xpress) - Ural Mining and Metallurgical Company (UMMC) has indefinitely postponed development of Yekaterinburg-City, the ...   read more
Shopping Mall to Open in Bourgas, Bulgaria
February 04, 2009, 10:32, (Property Xpress) - A new shopping and entertainment center is expected to open in the Bulgarian Black Sea city of Bourgas on ...   read more
PSN Places for Sale Assets in Moscow and St. Petersburg
February 04, 2009, 10:22, (Property Xpress) - Promsvqznaedvizhimost (PSN), the development arm of PromSvyazCapital, has placed about 1,000 ha for sale near ...   read more
Ocif Group Develops Vivando Unirii Project in Bucharest
February 04, 2009, 10:11, (Property Xpress) - Israeli-based Ocif Group is currently developing the EUR 22 mln Vivando Unirii project, located on 0.8 ha on ...   read more
121,000 Sq. m Logistics Park Opens in Novosibirsk in February
February 04, 2009, 9:43, (Property Xpress) - The first large-scale class A Megalogix Novosibirsk logistics park with a total area of 121,000 sq. m will ...   read more
Orascom Puts Off Resort Construction in Montenegro
February 04, 2009, 9:26, (Property Xpress) - Egyptian entrepreneur, Samih Sawiris, said construction of a resort on the Montenegrin coast will not begin in ...   read more
Moscow Cuts Participation in Office Project to One Pct
February 04, 2009, 9:01, (Property Xpress) - Moscow authorities have decided to cut the participation of the city in the 49,000 sq. m office complex at 7 ...   read more
Galleries Vendome to Open in 2010
February 04, 2009, 8:11, (Property Xpress) - Bucharest-based commercial Galleries Vendome, a retail project targeting luxury brands, will be completed in ...   read more
USD 100 mln Storage Complex Planned for St. Petersburg
February 04, 2009, 8:10, (Property Xpress) - The government of St. Petersburg plans to allocate 23 ha for development of a USD 100 mln production and ...   read more
Officials Approve Commercial and Office Center in Kiev
February 03, 2009, 16:07, (Property Xpress) - Kiev City Council has coordinated a mixed-use project combining commercial and office parts on 4, ...   read more
German Brand van Graaf to Enter Russia
February 03, 2009, 16:02, (Property Xpress) - Peek und Cloppenburg plans to open its first department store in Moscow under the ‘van Graaf’ brand. The ...   read more
P&G Plant to Start Production in Urlati, Romania
February 03, 2009, 15:26, (Property Xpress) - Procter & Gamble plant Urlati, Prahova County, Romania, will become operational in the spring of 2010 and 50 ...   read more
Greek Developer to Invest in New Projects
February 03, 2009, 15:05, (Property Xpress) - One of the Greek developers active in Ukraine has announced its intention to allocate USD 30 mln in two ...   read more
TNK-BP Keeps Interest for 50,000 Sq. m in Western Gate
February 03, 2009, 15:05, (Property Xpress) - Russian leading oil company TNK-BP, said in a statement, that it is interested in renting 50,000 sq. m in ...   read more
Bulgarian BTC to Change Headquarters
February 03, 2009, 14:22, (Property Xpress) - Bulgarian fixed line and mobile telecommunication firm BTC will relocate its headquarters to the office ...   read more
Siemens to Invest EUR 35 mln in Russian Plant Project
February 03, 2009, 14:16, (Property Xpress) - German concern Siemens will invest EUR 35 mln in construction of a high voltage transformers plant for the ...   read more
Kievgorstroy to Focus on Economy Flats in Ukraine
February 03, 2009, 13:47, (Property Xpress) - Kievgostroy Holding intends to launch 400,000 sq. m of residential space in Kiev and 50,000 sq. m in the ...   read more
Inditex Signs New Lease in Bucharest
February 03, 2009, 13:18, (Property Xpress) - One of the largest commercial centers in Bucharest has announced signing lease contracts with retailers ...   read more
Russian Retailer DzhamilKo Sets Up JV with LeviStrauss&Co
February 03, 2009, 13:18, (Property Xpress) - One of the biggest Russian retailers in the luxury segment, DzamilKo, said it has set up a joint venture with ...   read more

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