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New Shopping Mall Planned for Bucharest
November 01, 2011, 12:16, (Property Xpress) - A new shopping mall, with a total area of 32,000 sq. m, is planned to be built in the Romanian capital. The ...   read more
Purchase Price Revealed for Eldorado Retail Chain
November 01, 2011, 12:01, (Property Xpress) - Czech financial group PPF has acquired 100 pct of the shares of Russia’s network of electronics and home ...   read more
Japanese Hotel Chain Mulls Russian Opening
November 01, 2011, 11:30, (Property Xpress) - A Japanese hotel chain will decide on opening a business class facility in Russia later this month. According ...   read more
Konzum Reports Revenue of HRK 10 bln in 9M’2011
November 01, 2011, 10:38, (Property Xpress) - Konzum retail chain, part of Croatia’s Agrokor group, increased both revenues and profits in the first nine ...   read more
British Studio Completes Master Plan for Russian Regeneration Project
November 01, 2011, 10:05, (Property Xpress) - A British architectural practice has announced it has successfully completed an urban regeneration master plan ...   read more
First KFC Restaurant in Ukraine to Open in 2012
November 01, 2011, 9:40, (Property Xpress) - Restaurant group Yum! Brands is negotiating with potential partners to launch its KFC brand in Ukraine. "Yum! ...   read more
PIK Group Drops Plans for SPO
November 01, 2011, 9:10, (Property Xpress) - PIK Group, one of the largest Russian residential real estate developers, has dropped plans to place ...   read more
Croatian Marina Developments Attract EUR 0.5 mln Loan
November 01, 2011, 8:38, (Property Xpress) - A Canadian entity has announced signing a EUR 0.5 mln loan agreement with two companies, created to develop ...   read more
Rewe Examines International Business
October 31, 2011, 16:10, (Property Xpress) - Negotiations between Germany’s Rewe Group and Enterprise Investors investment fund on the sale of the Penny ...   read more
Etalon Group Reports Steady Sales Growth in Q3’2011
October 31, 2011, 15:30, (Property Xpress) - Russia’s largest residential real estate developer Etalon Group said new contract sales increased 22 pct ...   read more
Monterra Montenegro Starts New Building Project
October 31, 2011, 14:59, (Property Xpress) - Monterra Montenegro, which has resumed construction work on Astra project at Zavala Cape, has started a new ...   read more
G’Market Exits Romanian Retail Business
October 31, 2011, 13:57, (Property Xpress) - G’Market grocery chain, which earlier this year brought together six Romanian supermarkets, has exited the ...   read more
Nestle and Kraft Foods Bet on Russia
October 31, 2011, 13:33, (Property Xpress) - The world’s largest food companies, Nestle and Kraft Foods, have expressed intentions to expand their ...   read more
Dutch/German JV Files Bid to Lease Montenegro Land
October 31, 2011, 13:20, (Property Xpress) - Podgorica-based LPGD, owned by the Netherlands-based Limon BV, has purchased documents to participate in the ...   read more
Moscow to Auction National Hotel
October 31, 2011, 13:05, (Property Xpress) - The City of Moscow intends to privatize one of its most iconic assets in December. The local authorities will ...   read more
Suceava Airport to Undergo Modernization
October 31, 2011, 12:49, (Property Xpress) - Romanian Transport Minister Anca Boagiu and Suceava County Council President Gheorghe Flutur signed a contract ...   read more
LSR Group Acquires St. Petersburg Hotel Project
October 31, 2011, 10:54, (Property Xpress) - Russian developer LSR Group has announced signing an agreement to acquire OOO AvtoKomBalt, a company, ...   read more
Russian Auto Parts Maker to Invest EUR 30 mln in New Plant
October 31, 2011, 10:28, (Property Xpress) - A Russian auto parts manufacturer plans to invest EUR 30 mln in building a new plant in the city of Nizhny ...   read more
Mercator Sellers to Start Negations with Agrokor
October 31, 2011, 10:25, (Property Xpress) - The consortium of 11 banks and companies, representing the owners of a 50.03 stake in Slovenia’s largest ...   read more
UK Firm Wins Design Competition in Russia
October 31, 2011, 9:29, (Property Xpress) - A UK-based architectural practice has won an 18-month contract to design a part of the new GBP 262 mln worth ...   read more
Construction of Five Star Hotel to Start in Montenegro
October 31, 2011, 9:27, (Property Xpress) - Preliminary work for building a new five star hotel in Montenegro is scheduled to start in spring next year. ...   read more
Basic Element Joins Forces with Changi Airports and Sberbank
October 31, 2011, 8:25, (Property Xpress) - Today, Basic Element, controlled by Oleg Deripaska, will sign a memorandum of cooperation with Sberbank and ...   read more
Bucharest City Mall Acquired for EUR 17 mln
October 31, 2011, 8:23, (Property Xpress) - Greek businessman Ioannis Papalekas, one of the former owners of City Mall shopping center in Bucharest, has ...   read more
Update: Sofia Office Center Sold for EUR 23 mln
October 31, 2011, 8:20, (Property Xpress) - A Greek-based investment fund has agreed to acquire Kambanite Business Center on Sofia Ring Road in Mladost 4 ...   read more
YIT: Strong Residential Sales Volume Continued in Russia
October 28, 2011, 12:48, (Property Xpress) - Finnish real estate developer YIT said Russia generated 82 pct (1–9 /2010: 90 pct) of the revenue of ...   read more

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