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VTB Offers to Purchase Sistema-Hals Shares
December 15, 2009, 8:34, (Property Xpress) - Russia’s second largest bank, Vneshtorgbank (VTB), has put an offer to purchase shares of developer ...   read more
Hotel Redevelopment Project under Way in Ulcinj, Montenegro
December 15, 2009, 8:24, (Property Xpress) - A privately owned U.S. based real estate development and property management services firm said it intends to ...   read more
Ralf Ringer to Exchange Shares for Cash
December 14, 2009, 16:50, (Property Xpress) - Russian shoe retailer and manufacturer Ralf Ringer is ready to share up to 10 pct of the shares of its parent ...   read more
Mercator Enters Macedonia
December 14, 2009, 16:21, (Property Xpress) - Slovenia’s largest retail chain Mercator has announced entry into the Macedonian market. The Slovenians plan ...   read more
Carrefour Signs Next Lease in Bulgaria
December 14, 2009, 15:34, (Property Xpress) - European largest grocery retailer Carrefour has signed a lease deal to occupy 10,800 sq. m at a shopping mall ...   read more
Elefakt-M to Develop Office Center in St. Petersburg
December 14, 2009, 15:02, (Property Xpress) - Moscow-based Elefakt-M company has started developing an A-class business center on its own land lot of 1,200 ...   read more
Moscow to Build Ski Resort in Karachay-Cherkessia Republic
December 14, 2009, 13:59, (Property Xpress) - Moscow will invest over half a billion rubles to construct a ski resort in Dombay, a resort settlement under ...   read more
Ukrainian Ministry of Defense to Sell off Real Estate in 2010
December 14, 2009, 13:18, (Property Xpress) - Ukrainian Ministry of Defense plans to sell more than 4,000 military properties estimated at UAH 4.6 bln (USD ...   read more
Russian Gazprom Subsidiary to Sell Moscow Office Premises
December 14, 2009, 12:21, (Property Xpress) - A Gazprom subsidiary will organize a public tender to sell real estate assets in Southwest Moscow on December ...   read more
Eurobuilding Engineering Wins Strand Mall Contract
December 14, 2009, 12:00, (Property Xpress) - Bourgas-based Eurobuilding Engineering construction company has been awarded the contract to build the Strand ...   read more
FM Logistic Signs 2,500 sq. m Lease Deal in Romania
December 14, 2009, 11:20, (Property Xpress) - FM Logistic Romania, the local subsidiary of French group FM Logistic, has signed a lease agreement with ...   read more
MDM Bank to Pour USD 50 mln into Russian Retailer
December 14, 2009, 11:04, (Property Xpress) - MDM Bank, one of Russia’s largest private banks, plans to invest RUB 1.5 bln (USD 50 mln) to develop the ...   read more
Update: Count Kushelev-Bezborodko Palace Sold in St. Petersburg
December 14, 2009, 10:47, (Property Xpress) - As Property Xpress reported on Friday, a Russian auction house sold the St. Petersburg-based XVIII-century ...   read more
Bourgas Municipality Approves Coast Residential Development
December 14, 2009, 10:25, (Property Xpress) - The municipality of the Bulgarian Black Sea city of Bourgas has given the green light to a project on the ...   read more
Mirax Group Selects Partner for 130,000 Sq. m Mixed-use Scheme
December 14, 2009, 9:16, (Property Xpress) - The owner of Mirax Group, Sergei Polonsky, has found a partner for an office and residential building ...   read more
Croatian Group Allowed to Acquire Hotel, Plans Refurbishment
December 14, 2009, 8:56, (Property Xpress) - A Croatian construction company has announced to the Zagreb Stock Exchange that following a recent court ...   read more
Unilever Leases 9,000 Sq. m in Downtown Moscow
December 14, 2009, 8:30, (Property Xpress) - The Russian division of Unilever has signed a 10-year lease agreement to occupy 9,355 sq. m of office space in ...   read more
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

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