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Mega Image Reports 37 Pct Sales Increase in 2010
January 25, 2011, 8:31, (Property Xpress) - Romania’s supermarket operator Mega Image, part of Belgian Delhaize Group, reported a 37 pct increase in ...   read more
ASG Group Develops First Moscow Housing Estate
January 24, 2011, 14:27, (Property Xpress) - ASG Group, controlled by ex-officials from Kazan, has debuted in the Moscow construction market. In late 2010, ...   read more
Imotrust Arad to Borrow EUR 5.0 mln for Residential Development
January 24, 2011, 13:59, (Property Xpress) - Arcvia Minerva (ASCE), a subsidiary of Romanian developer Imotrust Arad, controlled by businessman Alexander ...   read more
Mazda to Select Location for Russian Assembly Factory
January 24, 2011, 13:36, (Property Xpress) - Japanese car maker Mazda is preparing to establish a vehicle-assembly factory in Russia. This was reported by ...   read more
EUR 58 mln Greenfield Investment Announced for Romania
January 24, 2011, 12:50, (Property Xpress) - A Luxembourg-headquartered group today announced it will invest EUR 58 mln to build a new greenfield ...   read more
23-Story TV Center Planned for Moscow
January 24, 2011, 12:10, (Property Xpress) - A new 23-story state of the art television center will be developed on a 1.2 ha site at 18-22, Novomoskovskaya ...   read more
BauMax Builds Fifth Bulgarian Store
January 24, 2011, 11:43, (Property Xpress) - Austrian home improvement retailer bauMax is building its fifth hypermarket in Bulgaria, in the city of ...   read more
Ecooffice to Develop Residential Estate in Moscow
January 24, 2011, 11:04, (Property Xpress) - Group of companies Ecooffice, controlled by Andrey Kovalev, could close the sale of ZAO 1-MK, the second ...   read more
Vicat Group to Build Plant in Ukraine
January 24, 2011, 10:19, (Property Xpress) - French-based Vicat Group intends to invest USD 200 mln to build a plant in Shargorod, Vinnitsa region, to ...   read more
RBI Holding Sells St. Petersburg Shopping Premises
January 24, 2011, 9:42, (Property Xpress) - St. Petersburg-based RBI, developing business class and luxury housing, has sold Esfera shopping gallery on ...   read more
Lidl Registers Serbian Subsidiary
January 24, 2011, 8:59, (Property Xpress) - German discount chain Lidl registered a Serbian subsidiary in late 2010. This, according to Deputy Trade ...   read more
AFI Development Gets Green Light to Launch AFIMall City
January 24, 2011, 8:35, (Property Xpress) - AFI Development, the Russian real estate arm of Africa-Israel Investments, today announced it has received a ...   read more
Bucharest to See Five-Star Hotel Opening in Spring
January 24, 2011, 8:17, (Property Xpress) - Premier Palace company is developing a five-star hotel near the Ghencea stadium in Bucharest. The company will ...   read more
Heliopark Waterville Hotel to Open in 2012
January 21, 2011, 13:59, (Property Xpress) - Hotel chain Heliopark Hotels & Resorts will open a four star Heliopark Waterville hotel in Ukraine in late ...   read more
Four Groups Said to Have Interest in Buying Vnukovo Airport
January 21, 2011, 13:39, (Property Xpress) - Four companies have shown interest in purchasing the Moscow city government’s stake in Vnukovo Airport, ...   read more
Elita 5 to Redevelop Grand Hall Retail Center in Chisinau
January 21, 2011, 12:58, (Property Xpress) - Holding Elita 5, represented by CEO Alexander Pinchevsky, has announced intentions to renovate its Grand Hall ...   read more
Developer Builds 720 Flats in St. Petersburg’s Primorsky District
January 21, 2011, 12:24, (Property Xpress) - A St. Petersburg-based property development company has commenced construction of two residential buildings ...   read more
Developer to Start Logistics Project in Arad, Romania
January 21, 2011, 11:51, (Property Xpress) - A Romanian real estate development group is planning to begin construction of a logistics facility in the city ...   read more
Sberbank Consolidates Stake in Rublevo-Arkhangelskoye Project
January 21, 2011, 11:18, (Property Xpress) - Sberbank, through its subsidiary Sberbank Capital, holds more than 60 pct of the Rublevo-Arkhangelskoye ...   read more
Volumetric Purchases Bucharest Land
January 21, 2011, 10:35, (Property Xpress) - After nearly two years of searching, this month Spanish real estate developer Volumetric signed a preliminary ...   read more
Kostroma Approves 112,000 Sq. m Housing Development
January 21, 2011, 10:00, (Property Xpress) - On Thursday, the Regional Investment Board of Kostroma approved the launch of an unprecedented construction ...   read more
5,000 Sq. m Mixed-use Development Projected in Slovenia
January 21, 2011, 9:37, (Property Xpress) - A Ljubljana-based company said it is planning to start construction of a mixed-use residential and office ...   read more
Update: PIK Group Sells Stake in Moscow Project for USD 76 mln
January 21, 2011, 9:13, (Property Xpress) - Russia’s developer PIK Group yesterday announced the sale of its 32.5 pct holding in Moscow’s Park-City ...   read more
140,000 Sq. m Shopping Scheme Planned for Ukraine
January 21, 2011, 8:56, (Property Xpress) - A European property development group is planning to start its first project in Ukraine, a shopping and ...   read more
Property Investor in Negotiations to Raise Funds via Partnership
January 20, 2011, 15:06, (Property Xpress) - A European investment company, holding office, residential, retail and parking properties and developments, ...   read more

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