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A1 Acquires Controlling Stake in Formula Kino Chain
January 16, 2012, 9:08, (Property Xpress) - Investment company A1 has acquired a 55.66 pct stake in Formula Kino cinema network. The company, which also ...   read more
H&M to Open Five Stores in Romania
January 16, 2012, 8:55, (Property Xpress) - Swedish retailer H&M, which has 11 stores in Romania, will open five more units this year, all outside ...   read more
BS Hospitality Management to Start Hotel Construction
January 16, 2012, 8:48, (Property Xpress) - Management company BS Hospitality Management has announced a tender for construction of the five star ...   read more
Gintasmont to Open Ramada Hotel in Montenegro
January 16, 2012, 8:36, (Property Xpress) - Podgorica-based Gintasmont Investment Construction and Trade (GICA), a subsidiary of Gintas Group Turkey, will ...   read more
North Caucasus Tourism Cluster to Spread over 300,000 Ha
January 13, 2012, 13:47, (Property Xpress) - The area of the North Caucasus tourism cluster will double to 300,000 ha. The new areas will include a ski ...   read more
Iulius Malls Register Slight Increase in Revenue
January 13, 2012, 13:27, (Property Xpress) - The four Iulius shopping malls in Romania, in Iasi, Cluj-Napoca, Timisoara and Suceava, owned by local ...   read more
Dyer Designs Mall Extension in Russia
January 13, 2012, 12:59, (Property Xpress) - British architectural practice Dyer Associates is creating the concept and scheme design for a 20,000 sq. m ...   read more
Developer Completes Office Deal in Bulgaria, to Launch Southeast Europe Real Estate Fund
January 13, 2012, 12:41, (Property Xpress) - A property developer active in Central and Eastern Europe has completed the sale of its stake in a Sofia ...   read more
Developer Prepares Ground for 300,000 Sq. m Housing Compound
January 13, 2012, 12:12, (Property Xpress) - A Russian property developer is preparing a 20 ha site for construction of a 313,000 sq. m integrated housing ...   read more
Macedonia to Sell Land in Skopje City Center
January 13, 2012, 11:07, (Property Xpress) - The Macedonian Ministry of Transport and Communications has announced the sale of two building plots in ...   read more
International Travel Retailer Extends Russian Operations
January 13, 2012, 10:35, (Property Xpress) - An international travel retailer has further expanded its Russian presence by acquiring 51 pct of a local ...   read more
Montenegro’s Voli Acquires Novito Chain
January 13, 2012, 10:03, (Property Xpress) - Montenegro’s largest trading company, Voli, has signed an agreement to take over local-based Novito chain of ...   read more
Billa Files Application with FAS to Acquire Moscow Stores
January 13, 2012, 9:11, (Property Xpress) - Austrian retailer Billa has filed an application with the Federal Antimonopoly Service of the RF (FAS) on ...   read more
Pre-lease Deals for 50 Pct of Ocean Plaza Mall Signed in Ukraine
January 13, 2012, 8:53, (Property Xpress) - More than 50 pct of the premises in Ocean Plaza shopping and entertainment center in Kiev have been pre-let, ...   read more
Auchan to Anchor Nizhny Novgorod Mall
January 12, 2012, 16:30, (Property Xpress) - French retail chain Auchan will become an anchor tenant at Rio shopping center in Nizhny Novgorod, due to open ...   read more
Retailer Closes Stores in Romania
January 12, 2012, 16:09, (Property Xpress) - A grocery retailer active in Romania has closed a number of stores throughout the country. At least 20 stores ...   read more
Romanian Tourism Project Attracts EUR 6.0 mln in Funding
January 12, 2012, 13:59, (Property Xpress) - A EUR 6.0 mln credit agreement to finance development of a comprehensive tourism and health resort in the ...   read more
Magnit Reports 42 Pct Increase in Sales in 2011
January 12, 2012, 13:34, (Property Xpress) - Russia’s largest retail chain by number of stores, Magnit, has published operating results for December and ...   read more
Krka to Build New Plant in Slovenia
January 12, 2012, 12:59, (Property Xpress) - Slovenian pharmaceutical company Krka has received environmental and building permits for its plant project in ...   read more
Hotel Auction Postponed to February
January 12, 2012, 12:30, (Property Xpress) - A Russian hotel asset will be auctioned in late February as the public sale scheduled for December last year ...   read more
Luxury Hotel Project Receives Building Permit in Montenegro
January 12, 2012, 11:59, (Property Xpress) - Adriatic Marinas has received the building permit for its luxury hotel and apartment complex in Tivat, as part ...   read more
Fond RGS to Sell Real Estate in Lakhta
January 12, 2012, 11:35, (Property Xpress) - Russia’s federal fund to promote housing construction (Fond RGS) will hold a second auction on February 29 ...   read more
Owner in Talks with International Chains to Convert Landmark Property to Five-Star Hotel
January 12, 2012, 11:15, (Property Xpress) - A five star accommodation facility, part of an international hotel chain, will be developed in the Bulgarian ...   read more
Neighborhood Development Planned for Nizhny Novgorod Region
January 12, 2012, 10:36, (Property Xpress) - A two-stage neighborhood development project will break ground in Russia’s Nizhny Novgorod this ...   read more
Delhaize to Close 20 Stores in Serbia, Bulgaria and BiH
January 12, 2012, 9:53, (Property Xpress) - Delhaize Group today announced plans to close six stores in Bulgaria in the current year, as part of its ...   read more

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