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St. Petersburg to Auction Historic Property in September
August 04, 2010, 14:11, (Property Xpress) - St. Petersburg city government will auction the lease rights to the premises of a monument of federal ...   read more
Cocor Bucharest Signs RON 3.0 mln Loan
August 04, 2010, 12:53, (Property Xpress) - Cocor Bucharest (COCR), operating a department store in the Romanian capital, has signed a RON 3.0 mln (EUR ...   read more
Moscow to Sell Lease Rights for Mixed-use Building Development
August 04, 2010, 12:34, (Property Xpress) - Moscow city authorities will auction the right to conclude a three year lease of land for construction of a ...   read more
Romanian-Italian JV to Build Office Center in Baneasa, Romania
August 04, 2010, 12:18, (Property Xpress) - A Romanian-Italian JV plans to develop an office project in the Piata Baneasa area of Bucharest, which will ...   read more
Knauf to Invest EUR 100 mln in Plant Expansion
August 04, 2010, 11:48, (Property Xpress) - German concern Knauf is considering allocating EUR 100 mln for expansion of its paperboard production facility ...   read more
POC Doverie Sells Its Shares in Prime Property BG
August 04, 2010, 10:38, (Property Xpress) - Bulgaria’s pension assurance company POC Doverie has sold its shares in one of the largest property funds ...   read more
Srednerussky Bank of Sberbank Provides Funds for Shopping Mall in Tula
August 04, 2010, 9:58, (Property Xpress) - The Srednerussky Bank of Sberbank of Russia has signed an agreement on opening a credit line to local ...   read more
Aktiv Properties Announces Land-Use Change
August 04, 2010, 9:11, (Property Xpress) - Aktiv Properties REIT has announced it has changed the purpose of 2.92 ha of agricultural land into a site ...   read more
Raven Russia Sells Warehouse Property for USD 42 mln
August 04, 2010, 8:53, (Property Xpress) - Raven Russia, a property company focusing on investments in Russian warehouses, announced on Wednesday, it has ...   read more
VTB Bank to Create Real Estate Development Company
August 04, 2010, 8:39, (Property Xpress) - Russia’s state-controlled by VTB Bank will create one of the largest real estate development companies in ...   read more
EUR 10 mln to Renovate Landmark Building in Kosovo
August 04, 2010, 7:46, (Property Xpress) - An Italian company will invest EUR 10 mln to refurbish a landmark building in the capital of Kosovo, Pristina, ...   read more
Rezidor Adds Park Inn Veliky Novgorod to its Portfolio
August 04, 2010, 7:11, (Property Xpress) - The Rezidor Hotel Group today announced it will open a Park Inn Hotel in Veliky Novgorod. The former Beresta ...   read more
InterContinental Bucharest Sees Loss Widen in H1’2010
August 04, 2010, 7:00, (Property Xpress) - Hoteliera Intercontinental Romania (RCHI), running the five star InterContinental Bucharest, increased its ...   read more
Update: India’s Multiplex Operator to Debut in Bulgaria
August 03, 2010, 13:53, (Property Xpress) - A Mumbai-based multiplex operator, which already signed an agreement to operate a four-hall cinema theater in ...   read more
Austrian Company to Pour EUR 25 mln in Ski Infrastructure
August 03, 2010, 12:53, (Property Xpress) - An Austrian company will invest EUR 25 mln to build ski infrastructure on 14 ha of land in the Russian ...   read more
Maxima Bulgaria Sales Fall for Third Consecutive Quarter
August 03, 2010, 12:31, (Property Xpress) - Maxima Bulgaria, a subsidiary of Lithuanian retail chain T-Market, posted a BGN 54.138 mln (EUR 27.7 mln) ...   read more
Park Inn Affiliates First Sofia Hotel
August 03, 2010, 11:27, (Property Xpress) - The Rezidor Hotel Group’s mid market brand Park Inn will open its first Bulgarian facility in the third ...   read more
VEB Lends RUB 4.5 Bln for Furniture Factory
August 03, 2010, 11:05, (Property Xpress) - A Russian furniture producer and retailer will invest RUB 5.5 bln in building an industrial unit in the city ...   read more
55,000 Sq. m Shopping Mall Planned for Odessa
August 03, 2010, 10:35, (Property Xpress) - A 55,000 sq. m shopping and entertainment center is planned to be developed in Odessa, Ukraine by the end of ...   read more
Tehnosila Files for Bankruptcy
August 03, 2010, 10:04, (Property Xpress) - Russia’s third largest home appliance retailer Tehnosila has filed a bankruptcy request. Late last week, the ...   read more
Kontraktovaya Ploschad to Undergo Major Renovation
August 03, 2010, 9:04, (Property Xpress) - Reconstruction work is scheduled to begin in the Kiev’s Kontraktovaya Ploschad area in 2011, where tram ...   read more
Golden Park Mall to Open in October
August 03, 2010, 8:35, (Property Xpress) - The 30,000 sq. m Golden Park shopping mall will officially open in Novosibirsk on October 15, this year, said ...   read more
Radisson Blue Resort Hotel to Open in Split, Croatia
August 03, 2010, 8:01, (Property Xpress) - Radisson Blue Resort Split will open on September 10, in the place of the former Split Hotel in Trstenik ...   read more
Moscow Sets Deadline for Design Work Completion
August 03, 2010, 7:44, (Property Xpress) - Moscow city authorities have set a deadline for completion of the design work and obtaining a building permit ...   read more
Retailers in Cotroceni Mall Register EUR 80 mln in Sales in H1’2010
August 03, 2010, 7:27, (Property Xpress) - AFI Palace Cotroceni, a development of AFI Europe in Bucharest, Romania, registered an increase in the number ...   read more

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