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Update: Mercator Sets Investment Program till 2015
January 07, 2011, 9:50, (Property Xpress) - Mercator, a leading retailer in the Balkans, expects a nascent recovery of the region in the medium term, ...   read more
Raiffeisen Evolution to Start New Projects in CEE
January 07, 2011, 9:00, (Property Xpress) - Austrian Raiffeisen Evolution, the real estate arm of Austrian Raiffeisen Group, which in December sold a ...   read more
Crimea Postpones Land Auction
January 06, 2011, 13:31, (Property Xpress) - The Crimean government has postponed a land auction, initially scheduled for the end of December. The public ...   read more
Three Romanian Projects of RI Investment Group Declared Insolvent
January 06, 2011, 13:02, (Property Xpress) - RI Investment Group, controlled by Romanian and Irish investors, has three of its five Romanian projects ...   read more
Slovenian Business Zone to Resume Talks with IKEA and Mercator
January 06, 2011, 10:45, (Property Xpress) - A new business zone near the Slovenian capital of Ljubljana is planning to resume talks with Mercator and ...   read more
Montenegrin Firm Raises EUR 2.0 mln to Upgrade Hotel
January 06, 2011, 9:24, (Property Xpress) - A Sutomore-based hospitality firm has raised about EUR 2.0 mln via a new share issue to upgrade a hotel on the ...   read more
German Firm to Pour EUR 50 mln in Romanian Plant
January 06, 2011, 8:59, (Property Xpress) - A German company will invest EUR 50 mln in expanding its production capacity in Romania over the next two ...   read more
International Womenswear Retailer to Roll out 10 Russian Stores
January 05, 2011, 14:43, (Property Xpress) - An international womenswear retailer, which already operates 62 franchise and 10 own stores in Russia, has set ...   read more
Agip in Talks to Acquire Gas Station Chain in Slovenia
January 05, 2011, 13:46, (Property Xpress) - Italian oil company Agip apparently wants to strengthen its presence in the Slovenian market. As the Ljubljana ...   read more
Italian Fashion Retailer to Accelerate Russian Expansion
January 05, 2011, 13:25, (Property Xpress) - After several years of restructuring, an Italian fashion group will resume its international expansion. At the ...   read more
Mosfundamentstroy-6 Starts 190,000 Sq. m Housing Project
January 05, 2011, 12:54, (Property Xpress) - On December 21, Mosfundamentstroy-6 laid the foundation stone for its integrated housing compound located on a ...   read more
Delta Holding Reveals Property Development Plans
January 05, 2011, 12:06, (Property Xpress) - Delta Holding will start new real estate projects in 2011, as well as continue development of its retail and ...   read more
C&A to Open in Botosani, Romania
January 05, 2011, 11:07, (Property Xpress) - International clothing retailer C&A will open a 1,200 sq. m store in Botosani Family Center in April this ...   read more
VTB Bank Lends USD 12 mln for Sevastopol Retail Center
January 05, 2011, 10:40, (Property Xpress) - The Ukrainian branch of VTB Bank has provided a UAH 94 mln (USD 11.8 mln) credit line to Sevastopol-based OAO ...   read more
Agrokor to Invest EUR 190 mln in 2011
January 05, 2011, 9:57, (Property Xpress) - The largest privately-held company in Croatia Agrokor will invest about EUR 190 mln in 2011, Ivan Todorovic, ...   read more
St. Petersburg Allocates Land for Hotel Development
January 05, 2011, 9:13, (Property Xpress) - At the end of December, St. Petersburg city authorities approved a draft decision on granting a land plot of ...   read more
Land Acquisition Deal Struck in Romania
January 05, 2011, 8:51, (Property Xpress) - Steaua club owner George Becali struck a deal late last year with the founder of Portland Trust property ...   read more
Smolensk Approves Low-Rise Housing Development
January 04, 2011, 16:19, (Property Xpress) - Smolensk regional administration has approved project proposals submitted by Architector Business Group ...   read more
Russian Auction House Sells Krasnoyarsk Real Estate
January 04, 2011, 15:52, (Property Xpress) - At the end of December, Russian Auction House sold an asset of the bankrupt ALPI retail chain, including 13 ha ...   read more
RomReal Extends Loan Maturity
January 04, 2011, 15:30, (Property Xpress) - Bermuda-registered property developer RomReal has signed an agreement with Alpha Bank to extend the maturity ...   read more
Orco’s Jean-Francois Ott Detained in Croatia
January 04, 2011, 13:33, (Property Xpress) - CEO of Orco Property Group, Jean-Francois Ott, was detained in Zagreb today, after a briefing with ...   read more
Indenon Holding Limited Takes Control over Brocard-Ukraine
January 04, 2011, 12:26, (Property Xpress) - The Antimonopoly Committee of Ukraine has allowed Cyprus, Nicosia-based Indenon Holding Limited, to acquire ...   read more
Mariinsky Theater and Zenit Stadium Projects Endorsed
January 04, 2011, 11:54, (Property Xpress) - Glavgosexpertiza has endorsed the new projects for the second stage of the Mariinsky Theater and the Zenit ...   read more
Investor Sells Majority Stakes in Two Romanian Shopping Centers
January 04, 2011, 10:47, (Property Xpress) - A real estate investor active in South East Europe has sold a controlling interest in two Romanian shopping ...   read more
Skopje’s Alexander the Great Airport Reconstruction in Progress
January 04, 2011, 10:21, (Property Xpress) - Reconstruction of Skopje’s ‘Alexander the Great’Airport is taking place according to schedule, following ...   read more

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