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Reikartz Hotel to Open Four Star Facility in Zhitomir
December 27, 2011, 12:41, (Property Xpress) - Ukrainian Reikartz Hotel Management, operating 13 hotels under the Reikartz Hotels & Resorts brand, will open ...   read more
St. Petersburg to Auction Historic Property
December 27, 2011, 11:22, (Property Xpress) - The Property Fund of St. Petersburg will hold an auction on February 1 to sell the Kochubey mansion of 2,683 ...   read more
Shopping Mall Construction to Start in Ukraine by Mid-2012
December 27, 2011, 11:08, (Property Xpress) - A Kiev-based company, operating a network of grocery stores in Ukraine, plans to start construction of a ...   read more
Peek & Cloppenburg to Enter Russia
December 27, 2011, 10:36, (Property Xpress) - International chain of fashion department stores Peek & Cloppenburg is to make a second attempt to enter the ...   read more
IKEA Reaches Agreement on Investments in Serbia
December 27, 2011, 10:04, (Property Xpress) - Swedish furniture retailer IKEA has reached agreement with the Serbian Government on the company’s ...   read more
VTB to Build New Moscow Office
December 27, 2011, 8:54, (Property Xpress) - Russia’s state-owned VTB has decided to expand its existing 20,600 sq. m office on Vorontsovskaya Street in ...   read more
ING Bank Moves Romanian Headquarters
December 27, 2011, 8:24, (Property Xpress) - ING Bank has moved its Romanian headquarters to Crystal Towers office tower on Iancu de Hunedoara Boulevard in ...   read more
Tashir Group Acquires Seven Development Projects
December 23, 2011, 13:02, (Property Xpress) - Russia’s development and investment group Tashir has acquired land for a new project in Moscow from Petero ...   read more
45,000 Sq. m Shopping Mall Planned for Ukraine
December 23, 2011, 12:20, (Property Xpress) - A 45,000 sq. m shopping and entertainment center project will be developed in the Ukrainian city of Odessa ...   read more
O’Key Retail Chain Opens Third Moscow Store
December 23, 2011, 11:49, (Property Xpress) - Russia’s food retailer O’Key has opened its third hypermarket in Moscow, the company announced. The ...   read more
Developer Signs USD 25 mln Loan with Sberbank
December 23, 2011, 11:44, (Property Xpress) - Russia’s largest lender, Sberbank, has agreed to open a three-year USD 25 mln credit facility to Creative ...   read more
LSR Group to Build Moscow Residential Complex
December 23, 2011, 11:08, (Property Xpress) - LSR Group’s subsidiary Mosstroyrekonstruktsiya will start a business-class residential project in Moscow’s ...   read more
Mercator to Announce Takeover Bid to Acquire Pivovarna Lasko
December 23, 2011, 10:53, (Property Xpress) - Slovenia’s largest retailer, Mercator today announced the intention to take over 100 pct of the shares of ...   read more
Mercator Sale Postponed
December 22, 2011, 13:55, (Property Xpress) - The sale of a controlling stake in Mercator Poslovni Sistem d.d. to Croatian Agrokor was delayed after the ...   read more
RUB 1.0 Bln Logistics Center Development to Commence in 2012
December 22, 2011, 13:10, (Property Xpress) - Construction of a large multi-function logistics center, estimated at a cost of RUB 1.0 bln is scheduled to ...   read more
Real Hypermarket to Close Romanian Store
December 22, 2011, 12:16, (Property Xpress) - Germany’s Real Hypermarket, the third largest network of hypermarkets by turnover in Romania (after Kaufland ...   read more
St. Petersburg Firm to Start Five Housing Projects in 2012
December 22, 2011, 11:45, (Property Xpress) - A St. Petersburg-based company, developing business class and luxury housing, is planning to launch ...   read more
Croatian Group to Sell Non-core Real Estate Business
December 22, 2011, 11:32, (Property Xpress) - Billions of debt in local currency and a failed residential investment have resulted in a dramatic turn-around ...   read more
Moscow Sells National Hotel for RUB 4.7 Bln
December 22, 2011, 10:59, (Property Xpress) - Moscow city authorities have sold at auction the ‘National’ Hotel to Smart Finance Group, acting in the ...   read more
Developer to Sell Income Producing Property in Ukraine
December 22, 2011, 10:25, (Property Xpress) - An international real estate development company is nearing a deal to sell an income producing property in ...   read more
VTBC-Ashmore Acquires Moscow Office/Warehouse Property
December 22, 2011, 9:32, (Property Xpress) - Investment fund VTBC-Ashmore Real Estate Partners I has acquired an office and warehouse complex in Moscow, ...   read more
McDonald’s Romania to Surpass EUR 100 mln Full-Year Revenue Threshold
December 22, 2011, 9:14, (Property Xpress) - The Romanian business of McDonald’s is likely to exceed EUR 100 mln this year. By comparison, the chain made ...   read more
Croatian Hotel Changes Owners
December 21, 2011, 14:00, (Property Xpress) - A Croatian three-star hotel property on the Adriatic coast has changed its owners. From early December, Hotel ...   read more
Fiat Selects Location and Partner for Russia Plant
December 21, 2011, 13:48, (Property Xpress) - Sberbank of Russia will be partnering with Italian carmaker Fiat to build a car assembly plant in the country. ...   read more
Cocor Bucharest Restructures EUR 19 mln Loan
December 21, 2011, 13:21, (Property Xpress) - Shareholders of Cocor Bucharest, managing a department store of the same name in the Romanian capital, have ...   read more

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