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Billa to Expand Romanian Network in 2012
February 22, 2012, 16:30, (Property Xpress) - Supermarket retail chain Billa, part of Germany’s Rewe Group, intends to expand its Romanian network by ...   read more
New Construction on Red October Site Cut to 40,000 Sq. m
February 22, 2012, 16:08, (Property Xpress) - Moscow city authorities have allowed construction of 40,000 sq. m of real estate on the former Red October ...   read more
Auchan to Build Leisure Center in Ukraine
February 22, 2012, 15:38, (Property Xpress) - French hypermarket chain Auchan, present in Ukraine since 2007, intends to build a leisure center in the city ...   read more
McDonald’s to Open Restaurant in Saransk
February 22, 2012, 15:27, (Property Xpress) - Fast food chain McDonald’s will open a restaurant in the center of the capital of Mordovia, Saransk. The ...   read more
Profi Acquires Sibiu Stores from Local Retailer
February 22, 2012, 14:36, (Property Xpress) - Romanian discount food retailer Profi, controlled by Enterprise Investors investment fund, has closed a deal ...   read more
Stavropol Region to Establish Industrial and Tourist Parks
February 22, 2012, 13:57, (Property Xpress) - The Ministry of Economic Development of the Russian Stavropol region has signed a memorandum of understanding ...   read more
British Petroleum to Establish Skolkovo Research Center
February 22, 2012, 13:25, (Property Xpress) - British Petroleum (BP) has joined forces with Russia’s Skolkovo Foundation to establish a Center of Applied ...   read more
Romanian City Mall Building to Become Hospital
February 22, 2012, 13:11, (Property Xpress) - City Mall shopping center, which went bankrupt in 2010 and since late last year is owned by Greek businessman ...   read more
AFI Development Signs RUB 4.0 Bln Loan Agreement
February 22, 2012, 12:39, (Property Xpress) - AFI Development today announced that its subsidiary Bellgate Construction has obtained a loan facility from ...   read more
Ukraine to Privatize Kiev Hotel Property
February 22, 2012, 12:26, (Property Xpress) - The State Property Fund of Ukraine has scheduled an auction to sell off 100 pct of the shares of Kiev-based ...   read more
Auchan Hypermarket to Replace Karusel Unit in Rostov-on-Don
February 22, 2012, 12:01, (Property Xpress) - French retailer Auchan will open a third store in Rostov-on-Don next week, in Megamag shopping mall, following ...   read more
Montenegro Development Project Changes Owners
February 22, 2012, 11:18, (Property Xpress) - An offshore company is the new owner of an exclusive hotel project on Montenegro’s Adriatic ...   read more
Russian Developer to Dispose of Non-core Assets
February 22, 2012, 10:42, (Property Xpress) - A Russian real estate developer has already started selling non-core assets to invest in development and pay ...   read more
Bulgarian Bank Agrees to Debt Redemption Deal
February 22, 2012, 10:07, (Property Xpress) - A Bulgarian banking institution has redeemed debt obligations of a Dutch company to Raiffeisen Zentralbank ...   read more
Moscow Extends Term for Hotel Development
February 22, 2012, 9:08, (Property Xpress) - Moscow city authorities have extended the construction term for a hotel complex to be built on the site of the ...   read more
Limak Holding Acquires Skopje Land
February 22, 2012, 8:50, (Property Xpress) - Turkey’s Limak Holding has bought a 31,929 sq. m land plot behind the old railway station in the center of ...   read more
Kesco to Change Hotel Operator for Ufa Property
February 21, 2012, 16:30, (Property Xpress) - Development company Kesco, part of ATEK group of companies, has changed the parameters of its Ufa Centre hotel ...   read more
Montenegro Adopts 2012 Privatization Program
February 21, 2012, 15:31, (Property Xpress) - During today’s session of the Montenegro’s Council for Privatization and Capital Projects, chaired by ...   read more
Kviza-Trade Reports Net Income Decrease in 2011
February 21, 2012, 14:38, (Property Xpress) - Ukrainian issuer of bonds OOO Kviza-Trade increased its net loss by 2.8 times in 2011 compared to 2010, to up ...   read more
St. Petersburg Luxury Hotel up for Sale
February 21, 2012, 13:56, (Property Xpress) - A luxury St. Petersburg hotel has been placed for sale for RUB 14.7 bln. Given the total price, the cost per ...   read more
Auchan Romania Reports Share Capital Increase
February 21, 2012, 13:40, (Property Xpress) - French hypermarket chain Auchan, controlled by the Mulliez family, has increased the capital of its Romanian ...   read more
AFI Development Expects USD 118 mln in Revenue from AFIMall
February 21, 2012, 13:10, (Property Xpress) - AFI Development saw a sharp increase in daily traffic in its Moscow-based AFIMall shopping center in December, ...   read more
US Auto Parts Supplier to Invest USD 10 mln in Moldova
February 21, 2012, 12:36, (Property Xpress) - A US-based manufacturer of automotive interiors systems is considering establishing a USD 10 mln plant in ...   read more
Vnukovo Airport to Build Maintenance Hangar
February 21, 2012, 12:03, (Property Xpress) - Moscow’s Vnukovo Airport, along with OAO Airline Transaero, will build a hangar for two A380 airplanes and a ...   read more
Great Wall Motors Opens First European Plant
February 21, 2012, 11:04, (Property Xpress) - China’s car maker Great Wall Motor, in conjunction with Bulgaria’s Litex Motors, has opened its first ...   read more

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