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Deutsche Bank Consolidates 100 Pct Stake in Russian Asset Manager
November 14, 2011, 8:03, (Property Xpress) - Deutsche Bank, through its asset management division, will acquire the remaining 60 pct stake in Deutsche UFG ...   read more
Agrokor Joins Health Tourism Venture
November 14, 2011, 8:00, (Property Xpress) - Croatia’s food producer and retailer Agrokor has announced signing a letter of intent to invest in a project ...   read more
RUB 2.0 Bln to Finance Plant Construction
November 14, 2011, 7:02, (Property Xpress) - A RUB 2.1 bln long-term investment loan is to be provided to the Russian subsidiary of the American glassmaker ...   read more
Macedonian Shopping Mall Project Borrows EUR 19 mln
November 14, 2011, 7:00, (Property Xpress) - A European banking group is providing a EUR 18.9 mln loan to a shopping and entertainment center project in ...   read more
Auchan to Invest RUB 4.5 bln in Russia Stores
November 11, 2011, 10:18, (Property Xpress) - France’s retailer Auchan will spend RUB 4.5 mln to open five hypermarkets in Russia next year, in ...   read more
Hypermarket Operators to Penetrate Bucharest Retail Market
November 11, 2011, 10:02, (Property Xpress) - The city of Bucharest, a market of about two million inhabitants, continues to be attractive for hypermarket ...   read more
DLT Department Store Reconstruction Delayed
November 11, 2011, 9:18, (Property Xpress) - Russia’s Mercury Holding, reconstructing the Leningrad House of Trade (DLT) on Bolshaya Konyushennaya Street ...   read more
Cocor to Restructure EUR 19 mln Loan
November 11, 2011, 8:40, (Property Xpress) - Cocor Bucuresti (COCR), operating a department store in downtown Bucharest, reported RON 21.2 mln in revenue ...   read more
Developer Starts 200,000 Sq. m Housing Project
November 10, 2011, 15:58, (Property Xpress) - A Russian residential property developer has begun construction of a 200,000 sq. m neighborhood. Group of ...   read more
Harat’s Pub to Open First St. Petersburg Outlet
November 10, 2011, 15:42, (Property Xpress) - The first Harat’s Pub outlet in St. Petersburg will open in early 2012 on Nevsky Prospect. The restaurant ...   read more
Moscow in Discussion for 300,000 Sq. m Brownfield Project
November 10, 2011, 15:14, (Property Xpress) - Moscow city authorities are considering the possibility of constructing housing and infrastructure objects on ...   read more
Kiev Business Center Signs Lease Deals
November 10, 2011, 14:05, (Property Xpress) - A Kiev-based business center has signed leased deals for approximately 13,000 sq. m of space. Local-based ...   read more
International Hospitality Group Mulls Russian Entry
November 10, 2011, 13:35, (Property Xpress) - An international hospitality group active in the upscale market segment is retaining plans to enter the ...   read more
Romania Galleria Malls Face 13 Pct Decrease in Value in Q3’2011
November 10, 2011, 13:15, (Property Xpress) - The value of Galleria malls in Suceava, Buzau and Piatra Neamt, developed by GTC, was down nearly 13 pct at ...   read more
Russian Hotel to Undergo RUB 1.4 bln Reconstruction
November 10, 2011, 12:44, (Property Xpress) - A RUB 1.4 bln hotel reconstruction project is scheduled to begin at the end of the current year in the Russian ...   read more
Duvanski Kombinat Podgorica to Build New Factory
November 10, 2011, 12:30, (Property Xpress) - Construction of a new tobacco factory for the Duvanski Kombinat Podgorica (DKP) should start by the end of the ...   read more
Pirelli Adjusts Russia Investment Plans
November 10, 2011, 11:31, (Property Xpress) - Italy’s Pirelli has revised its Russian investment plans. The company has decided to form a single JV with ...   read more
Hotel and Recreation Center Planned for Odessa
November 10, 2011, 11:07, (Property Xpress) - Construction of a 14,500 sq. m hotel and recreation complex, on a land area of approximately 1.29 ha on the ...   read more
YIT to Build High-Rise Residential Building in St. Petersburg
November 10, 2011, 10:26, (Property Xpress) - Finnish real estate developer YIT, which has bought two adjacent industrial sites in St. Petersburg, of 1.1 ha ...   read more
Two New Manufacturing Units for Serbia
November 10, 2011, 9:55, (Property Xpress) - Two overseas investors have been attracted by the Serbian government and municipal authorities. The first, ...   read more
EBRD Supports Russia Greenfield Industrial Investment
November 10, 2011, 9:15, (Property Xpress) - The Board of Directors of the European Bank for Reconstruction and Development (EBRD) on November 8 approved ...   read more
Ukrainian Firm Sells Land for Business Center
November 10, 2011, 8:59, (Property Xpress) - A Ukrainian company is selling a factory site in the capital, suitable for construction of a B-class business ...   read more
Seaside Hotel Goes to Auction in Montenegro
November 09, 2011, 16:28, (Property Xpress) - An international tender has been called for the sale of a foreclosed hotel property in Montenegro. The vendor ...   read more
M.Video Rents 11,300 Sq. m at Moscow Logistics Park
November 09, 2011, 15:56, (Property Xpress) - M.Video, one of the largest Russian retailers of home appliances and electronics, has leased 11,300 sq. m of ...   read more
Developer to Build Cottage Settlement near Moscow
November 09, 2011, 15:27, (Property Xpress) - An international housing and commercial real estate developer has chosen a location for its first project in ...   read more

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