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Honda Presents Plan to Build Car Plant in Russia
September 16, 2011, 12:20, (Property Xpress) - Earlier this week, Japanese carmaker Honda presented a draft plan to the Russian Ministry of Economy to build ...   read more
Bulgaria to Privatize Sofia Real Estate and Land Assets
September 16, 2011, 11:45, (Property Xpress) - The Bulgarian government will privatize several companies, whose assets include luxury homes, buildings at ...   read more
Sberbank Lends RUB 380 mln to Irkutsk Developer
September 16, 2011, 10:03, (Property Xpress) - The Baikal branch of Russia’s largest lender, Sberbank, has opened a RUB 380.4 mln credit line to ...   read more
Kaufland Secures Location for Next Bulgarian Store
September 16, 2011, 10:01, (Property Xpress) - German hypermarket chain Kaufland, operating 40 stores in Bulgaria, has secured a location for its next store ...   read more
O’Key Group Signs Deal with Krasnodar Region
September 16, 2011, 8:46, (Property Xpress) - Russia’s Krasnodar Region today announced signing a RUB 1.8 bln investment agreement with O’Key group of ...   read more
Turner Construction to Establish Serbian Subsidiary
September 16, 2011, 8:34, (Property Xpress) - US-based group Turner Construction is expected to establish a Serbian branch this month, local media Danas ...   read more
Shandong Tiantai Joins Forces with Moscow Developer
September 16, 2011, 8:08, (Property Xpress) - Chinese company Shandong Tiantai will invest USD 100 mln in projects of Morton group of companies in the ...   read more
Ukrainian Retailer Sells Kiev Store
September 16, 2011, 8:07, (Property Xpress) - A Ukrainian hypermarket chain has signed a preliminary agreement to sell one of its Kiev stores to a ...   read more
USD 15 bln Tourism Project to Sign Deals in Sochi
September 16, 2011, 7:00, (Property Xpress) - Foreign investors will join Russian political and commercial elite in Sochi today at a high-profile government ...   read more
Croatia Opens Brijuni Riviera Tender
September 16, 2011, 6:59, (Property Xpress) - On September 15, Croatia announced an international tender to select investors for the Brijuni Riviera ...   read more
Carrefour in Second Attempt to Enter Russia
September 15, 2011, 15:12, (Property Xpress) - Paris-based retail chain Carrefour is looking to re-enter Russia. The European retail giant has asked its ...   read more
International Consultancy Assists Odessa Retail Park Project
September 15, 2011, 14:44, (Property Xpress) - An international consulting firm has established a Ukrainian office to explore opportunities in the retail ...   read more
Russian Direct-Investment Fund Ready for Business
September 15, 2011, 14:11, (Property Xpress) - The USD 10 bln Russian Direct-Investment Fund is ready for deals, CEO Kirill Dmitriev told the Reuters Russia ...   read more
PNK Group to Build 44,000 Sq. m Logistics Center for Dixy
September 15, 2011, 12:58, (Property Xpress) - Dixy Group and PNK Group have signed a built-to-suit agreement on construction of a distribution center. The ...   read more
Ukrainian EVA Perfumery Chain Borrows UAH 40 mln
September 15, 2011, 12:49, (Property Xpress) - Dnipro-based Rush, owner of the perfumery and cosmetics stores Eva, has received a UAH 40 mln two-year loan ...   read more
Russia Private Equity Fund Currently Being Raised
September 15, 2011, 12:29, (Property Xpress) - A EUR 250 mln private equity fund is currently being raised. The vehicle will make equity and equity-related ...   read more
Reikartz to Open Three Hotels by End’2011
September 15, 2011, 11:56, (Property Xpress) - Ukrainian Reikartz Hotel Management, operating 10 hotels under the Reikartz Hotels & Resorts brand, will open ...   read more
High-Rise Buildings to Appear on Bucharest Brewery Site
September 15, 2011, 11:29, (Property Xpress) - The former Grivita brewery, next to the Basarab passage in the Romanian capital, will be transformed into a ...   read more
Hilton Adds Two Properties to Russian Portfolio
September 15, 2011, 10:50, (Property Xpress) - Hilton Worldwide has entered into a management agreement to open two new hotels in Russia. The international ...   read more
Construction to Start on 100,000 sq. m Belgrade Scheme
September 15, 2011, 10:10, (Property Xpress) - Construction work on a 100,000 sq. m mixed-use project in the Serbian capital could begin in spring 2012. The ...   read more
OPIN Sells Retail and Entertainment Project for USD 50 mln
September 15, 2011, 9:39, (Property Xpress) - Russian developer OPIN today announced it has sold Moscow’s A.I. Raikin Art, Culture and Leisure Center ...   read more
Rodnik Mall to Open in Chelyabinsk
September 15, 2011, 8:01, (Property Xpress) - The largest shopping mall in Chelyabinsk will open on September 17, 2011. The 135,000 sq. m Rodnik shopping ...   read more
Erste Group Immorent Sees Potential in Southeast Europe
September 15, 2011, 7:59, (Property Xpress) - Erste Group Immorent, the real estate and infrastructure finance arm of Austria’s Erste Group, sees ...   read more to Restructure USD 390 mln Debt to Bondholders
September 15, 2011, 7:00, (Property Xpress) -, formerly Mirax Group, is close to signing a deal to restructure its USD 392.2 mln debt to ...   read more
Leroy Merlin Opens First Romania Store
September 15, 2011, 6:58, (Property Xpress) - The first Leroy Merlin DIY store in Romania will open today, according to Panico Panayi, president of Nova ...   read more

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