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Starwood Hotels & Resorts Bets on Moscow
October 28, 2010, 12:46, (Property Xpress) - One of the fastest growing hotel groups, Starwood Hotels & Resorts Worldwide, has set a target to open three ...   read more
European Firm to Build Glass Producing Facility in Ukraine
October 28, 2010, 12:18, (Property Xpress) - A European manufacturer of glass and glass products plans to invest in construction of a manufacturing ...   read more
OBI Launches Second Yekaterinburg Hypermarket
October 28, 2010, 11:28, (Property Xpress) - OBI, a leading European DIY and garden retailer, has opened a second store in Yekaterinburg, and its 18th unit ...   read more
Developer to Raise USD 75.7 mln for Kiev Mixed-use Project
October 28, 2010, 11:03, (Property Xpress) - A Ukrainian development company has raised USD 4.467 mln through a domestic bond issue, on Kiev’s PFTS Stock ...   read more
Abercrombie & Fitch to Debut in Russia
October 28, 2010, 10:23, (Property Xpress) - American casual fashion retailer Abercrombie & Fitch is in talks to open its first Russian flagship store in ...   read more
Indjija Extends Construction Deadline for Office Development
October 28, 2010, 10:06, (Property Xpress) - At its yesterday’s meeting, Indjija Municipal Council extended the deadline for implementation of the first ...   read more
Federal Grid Company Acquires St. Petersburg Business Center
October 28, 2010, 9:45, (Property Xpress) - The open joint-stock company Federal Grid Company of Unified Energy System (JSC FGC UES) has become owner of ...   read more
Croatian Hotel Owner to Sell Assets
October 28, 2010, 9:09, (Property Xpress) - A Croatian hotel owner cannot settle its EUR 100 mln debt to banks, and will probably be forced to sell part ...   read more
150-Room Hotel Opens in Kazan
October 28, 2010, 8:28, (Property Xpress) - A new mid market hotel with 151 rooms has opened in Kazan, the capital of the Republic of Tatarstan. The ...   read more
Fond RGS to Auction Land in Voronezh and Vladivostok
October 28, 2010, 8:03, (Property Xpress) - Russia’s federal fund to promote housing construction (Fond RGS) will hold an auction on November 29, to ...   read more
Macedonia to Relocate Skopje University Clinical Center
October 28, 2010, 7:49, (Property Xpress) - Macedonian Health Minister Bujar Osmani has presented a feasibility study foreseeing relocation of the ...   read more
US Firm to Pour USD 200 mln in Russian Manufacturing Unit
October 27, 2010, 15:10, (Property Xpress) - A US-based manufacturer of float glass and fabricated glass products will start a USD 200 mln investment in ...   read more
BT Invest to Launch Kiev Retail Centers in December
October 27, 2010, 14:55, (Property Xpress) - Lithuanian company BT Invest will open two retail centers in Kiev this December. The first unit, on ...   read more
Accor to Focus on Middle Class/Budget Hotel Openings in Russia
October 27, 2010, 14:36, (Property Xpress) - French hotel operator Accor will open three Ibis hotels in Nizhniy Novgorod, Samara and Yaroslavl in 2011, as ...   read more
Stockmann Sees 20 pct Revenue Increase in Russia and Ukraine
October 27, 2010, 13:54, (Property Xpress) - Finnish Stockmann Group, operating in the retail industry trough its Department Store, Seppala and Lindex ...   read more
Stockmann Sees 20 pct Revenue Increase in Russia and Ukraine
October 27, 2010, 13:53, (Property Xpress) - Finnish Stockmann Group, operating in the retail industry trough its Department Store, Seppala and Lindex ...   read more
Construction of Four Star Hotel Begins in Kiev
October 27, 2010, 12:58, (Property Xpress) - Reconstruction of a historic building has begun in the Ukrainian capital, at the intersection of ...   read more
Nizhny Novgorod to Discuss Five Star Hotel Project
October 27, 2010, 12:34, (Property Xpress) - An ambitious development proposal will be discussed at a meeting of Nizhny Novgorod Town Planning Board on ...   read more
Praktiker Suffers Sales Decline in Volatile Markets of Romania, Bulgaria
October 27, 2010, 11:47, (Property Xpress) - Praktiker Romania’s sales dropped by 17.8 pct in the first nine months of the year, to EUR 153.6 mln, due to ...   read more
Villagio Estate Develops Cottage Village near Moscow
October 27, 2010, 11:17, (Property Xpress) - Villagio Estate, a unit of developer Incom Realty, has started an elite cottage settlement project in the ...   read more
Consumer Electronics Retailer to Sell Company Shares within 12 Months
October 27, 2010, 10:46, (Property Xpress) - A majority owner of a regional electrical and IT goods retail chain has announced it has entered into an ...   read more
Azimut to Manage Three Star Hotel in Rosa Khutor Resort
October 27, 2010, 10:06, (Property Xpress) - Azimut Hotels Company and Russian company Rosa Khutor, developing the ski resort of the same name near Sochi, ...   read more
New Bulgarian Shopping Mall to Open by End’2010
October 27, 2010, 9:32, (Property Xpress) - A new shopping and entertainment center will be launched in Bulgaria by the end of this year. The official ...   read more
Hilton Adds Three New Properties to Russian Portfolio
October 27, 2010, 9:03, (Property Xpress) - Hilton Worldwide, a subsidiary of the Blackstone Group, will open three new hotels in Russia over the coming ...   read more
EBRD to Finance Montenegro Resort Development
October 27, 2010, 8:21, (Property Xpress) - The Board of Directors of the European Bank for Reconstruction and Development (EBRD) yesterday approved a EUR ...   read more

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