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MirLand to Raise USD 100 mln for Russian Ventures
April 12, 2010, 11:49, (Property Xpress) - Fishman’s Russian real estate development arm, MirLand, has undertaken steps to raise up to USD 100 mln to ...   read more
Baneasa Developments Starts EUR 22 mln Extension in Romania
April 12, 2010, 11:07, (Property Xpress) - Baneasa Developments, developer of Baneasa commercial area in Bucharest, has started an investment involving ...   read more
O’Key to Raise USD 500 mln via IPO
April 12, 2010, 10:47, (Property Xpress) - St. Petersburg-based network of grocery hypermarkets O’Key plans to enter the Russian and foreign capital ...   read more
AUBG to Buy Land for University Buildings
April 12, 2010, 10:13, (Property Xpress) - The American University in Bulgaria (AUBG) is planning to acquire 1.7 ha of land in the city of Blagoevgrad ...   read more
Renaissance Moscow Monarch Centre Opens in Russia
April 12, 2010, 8:57, (Property Xpress) - Marriottt International has opened its second Renaissance Hotel property in Moscow, the 366-room Renaissance ...   read more
Zagrebacka Banka Invests in Zagreb Office Building
April 12, 2010, 8:47, (Property Xpress) - Croatia’s largest bank Zagrebacka Banka d.d., owned by Italian UniCredit group, has concluded an agreement ...   read more
Vedis to Develop Economy Class Housing Estate
April 12, 2010, 8:22, (Property Xpress) - Vedis Group and Nafta-Moskva, the largest shareholder of PIK Group, have concluded negotiations on a ...   read more
Penny Market to Purchase Land near Plovdiv
April 12, 2010, 8:03, (Property Xpress) - German hard discount retail chain Penny Market has set aside a land lot of 0.65 ha in the Bulgarian town of ...   read more
Construction on Five Star Hotel to Begin on Croatian Adriatic Coast
April 12, 2010, 7:06, (Property Xpress) - At a joint meeting held in Zagreb last week, representatives of the State Attorney’s Office, the Croatian ...   read more
Walmart Close to Acquire Lenta Retail Chain
April 12, 2010, 7:05, (Property Xpress) - US Walmart continues to negotiate the purchase of St. Petersburg retail chain Lenta. According to a Lenta ...   read more
Nordic Airport Infrastructure Acquires Bulgarian Airfield
April 09, 2010, 14:49, (Property Xpress) - Danish Nordic Airport Infrastructure ApS has acquired a 58.08 pct share in the limited liability company ...   read more
EUR 8.0 mln Retail Center to Open in Glavina Donja, Croatia
April 09, 2010, 14:23, (Property Xpress) - Croatian company Dosis, controlled by Vedran Malenica, will open a retail center, called ‘Park & Shop’ in ...   read more
Europa Group to Invest in Romanian Leisure Establishments
April 09, 2010, 14:07, (Property Xpress) - Lithuania’a Europa Group expects a turnover of over EUR 2.8 mln in 2010 from its four star, 80 room Europa ...   read more
LEK to Commission 160,000 Sq. m of Housing in 2010
April 09, 2010, 12:56, (Property Xpress) - LEK plans to commission 160,000 sq. m of housing estate in 2010, including Diadema project, the first phase of ...   read more
Four-Star Hotel Projected for Krivoy Rog, Ukraine
April 09, 2010, 12:41, (Property Xpress) - A Ukrainian investment company intends to build a six story, four star hotel in Krivoy Rog, Dnipro region. ...   read more
X5 Retail Group Posts 20 Pct Sales Increase in Q1’2010
April 09, 2010, 12:26, (Property Xpress) - Russia’s largest retailer in term of sales, X5 Retail Group, said its Q1’2010 net sales increased by 20 ...   read more
Metro to Open Small Format Stores in Bulgaria
April 09, 2010, 12:12, (Property Xpress) - Metro Cash & Carry plans to open stores in several small Bulgarian cities, said Executive Director Emilian ...   read more
Russian H&M Division Reports USD 18.5 mln Turnover for Q1’10
April 09, 2010, 11:39, (Property Xpress) - Swedish retailer Hennes & Mauritz AB (H&M) registered SEK 134 mln (USD 18.5 mln) in sales in the first quarter ...   read more
New Yorker to Roll out Three More Romanian Stores in 2010
April 09, 2010, 11:24, (Property Xpress) - Germany’s, Braunschweig-based fashion retailer New Yorker plans to open three more stores in Romania this ...   read more
Moscow Prolongs Completion of 86,000 Sq. m Mixed-use Center
April 09, 2010, 10:40, (Property Xpress) - Moscow city authorities have prolonged the completion term of the second stage of the mixed-use center Capital ...   read more
KDD Group to Sell 50 Pct Share in Kiev Mixed-use Scheme
April 09, 2010, 10:19, (Property Xpress) - Ukraine’s development company KDD Group is negotiating to sell 50 pct of its multifunctional construction ...   read more
VTB North-West Bank Sells Ozero Zerkalnoe Boarding-House
April 09, 2010, 10:11, (Property Xpress) - VTB North-West Bank has sold the Ozero Zerkalnoe boarding house to Rusfinstroy for RUB 180 mln (USD 6.15 mln), ...   read more
Montenegro Plans EUR 1.0 bln Ski Resort Development
April 09, 2010, 9:49, (Property Xpress) - By the end of April, the Government of Montenegro will adopt a detailed spatial plan for the mountainous ...   read more
Subway in Russian Expansion Mode
April 09, 2010, 9:24, (Property Xpress) - Fast-food chain Subway, operating more than 32,600 franchise locations worldwide, plans to open 150-160 ...   read more
Sporting Goods Chain to Enter Serbia
April 09, 2010, 9:13, (Property Xpress) - A Bulgarian sporting goods chain is planning expansion into the Serbian market, the company announced on ...   read more

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