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Construction Work Starts on Four-Star Hotel in Romania
December 14, 2009, 8:15, (Property Xpress) - The official groundbreaking ceremony to launch construction of a four-star hotel in Mamaia, Romania was held ...   read more
Belgian Investor Abandons Hotel Acquisition Deal in Bulgaria
December 11, 2009, 16:16, (Property Xpress) - Neven and Milen Raykovi, who won the auction to purchase Astoria Hotel in the Golden Sands resort near Varna, ...   read more
UEFA: Four Ukrainian Cities to Host Euro-2012 Matches
December 11, 2009, 15:38, (Property Xpress) - Four Ukrainian cities, i.e. Kiev, Donetsk, Lviv and Kharkov will have the right to host European Football ...   read more
Investment Fund to Spend USD 1.0 bln for St. Petersburg Real Estate
December 11, 2009, 15:26, (Property Xpress) - An American investment fund intends to acquire two St. Petersburg real estate assets for a total consideration ...   read more
DIY Retail Chain Mr. Bricolage Opens First Serbian Store
December 11, 2009, 15:02, (Property Xpress) - The first Serbian Mr. Bricolage store has opened in Nis this week. Brico Spec doo, 100 pct owned by ...   read more
Developer Invests EUR 30 mln in Residential Estate in Macedonia
December 11, 2009, 13:18, (Property Xpress) - A real estate development and investment group operating in Central and Eastern Europe has started ...   read more
Auchan Opens First Raduga Hypermarket in Russia
December 11, 2009, 12:53, (Property Xpress) - Auchan Group has today opened its first hypermarket of the new Raduga (Rainbow) format in Penza, following a ...   read more
Distressed Land Asset of 100 ha up for Sale in Romania
December 11, 2009, 12:06, (Property Xpress) - A Romania-registered property development company, managed by British investors who intended to build about ...   read more
Count Kushelev-Bezborodko Palace Sold in St. Petersburg
December 11, 2009, 11:37, (Property Xpress) - Russian auction house, recently set up with the participation of Sberbank, has announced it has found a buyer ...   read more
EUR 150 mln Tourism Project Presented in Croatia
December 11, 2009, 10:57, (Property Xpress) - A public presentation of a EUR 150 mln tourist resort development has been held in the Croatian town of ...   read more
German Group to Build Third Production Facility in Ukraine
December 11, 2009, 9:27, (Property Xpress) - A German construction materials supplier is currently conducting exploration work on a number of gypsum ...   read more
Deutsche Bank to Lease 10,000 sq. m at Moscow Office Tower
December 11, 2009, 9:09, (Property Xpress) - Deutsche Bank, Germany’s largest bank, can take about 10,000 sq. m of office space in the skyscraper on ...   read more
Penny to Pour EUR 32 mln into 25-Unit Expansion in Romania
December 11, 2009, 8:39, (Property Xpress) - German’s Rewe discount retailer Penny Market will be seeking to increase its Romanian presence next year by ...   read more
Sberbank to Acquire Controlling Share in Vester Retail Chain
December 11, 2009, 8:15, (Property Xpress) - Sberbank-Capital, a subsidiary of Russian savings bank Sberbank, can assume a controlling stake in Vester ...   read more
Centrally Located Store in St. Petersburg Rents for USD 100/Sq. m Monthly
December 10, 2009, 16:21, (Property Xpress) - By the end of December 2009, a fashion discount store will appear at a central location in St. Petersburg. ...   read more
AEON Corporation Purchases Mirax Plaza Development in Ukraine
December 10, 2009, 15:53, (Property Xpress) - Russia’s AEON Corporation has purchased the unfinished multi-purpose complex Mirax Plaza on Glybochitskoy ...   read more
St. Petersburg to Auction Two Lots for Housing Projects
December 10, 2009, 14:57, (Property Xpress) - St. Petersburg city authorities are preparing to auction two sites for housing development located on ...   read more
FIM Group to Focus on Production Activities
December 10, 2009, 14:06, (Property Xpress) - Ukraine’s FIM Group of companies is planning to focus 60 pct of its activity on production businesses in ...   read more
Russian Developer Unveils Plans for 2010
December 10, 2009, 13:42, (Property Xpress) - A Russian group of companies intends to start four new projects in St. Petersburg and Sochi in the second ...   read more
European Financial Institutions to Support Western Balkans
December 10, 2009, 13:17, (Property Xpress) - The European Commission, European Investment Bank, European Bank for Reconstruction and Development, and the ...   read more
Flamingo Initiates Own Insolvency
December 10, 2009, 12:23, (Property Xpress) - Flamingo International Group, the third largest player in electronics and home appliances retail sector in ...   read more
Stockmann Closes Down Nike Franchising Stores in Russia
December 10, 2009, 12:04, (Property Xpress) - Finnish Stockmann will close down its loss-making Nike franchising stores in Russia at the end of this year, ...   read more
Developer to Start Mixed-use Scheme in Ukraine in 2010
December 10, 2009, 11:24, (Property Xpress) - A leading real estate investment and development group in Ukraine has announced it plans to start implementing ...   read more
Greek Retail Chain Retains Plans for Store Openings in Bulgaria
December 10, 2009, 11:04, (Property Xpress) - A Greek retail chain has announced that it will open two hyper stores in Bulgaria during the financial year ...   read more
Croatian Group to Dispose of Property Development Projects
December 10, 2009, 10:31, (Property Xpress) - A Croatian construction and development company plans to dispose of a large part of its development projects ...   read more

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