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Ikea Romania Reports 9.0 pct Sales Decrease in 2009
January 13, 2010, 12:51, (Property Xpress) - Romania’s first Ikea store, in the Bucharest Baneasa area, registered a 9.0 pct annual decrease in sales in ...   read more
500-Room Hotel Acquired in Moscow
January 13, 2010, 12:17, (Property Xpress) - At the end of 2009, the Federal Antimonopoly Service of the Russian Federation (FAS) permitted management ...   read more
Update: Vivacom Sells Substantial Part of Real Estate Assets
January 13, 2010, 11:07, (Property Xpress) - As Property Xpress earlier reported, Vivacom, controlled by the U.S. insurance giant AIG, has agreed to sell a ...   read more
Magnit Reports Annual Revenue Increase of 28 Pct
January 13, 2010, 10:08, (Property Xpress) - Magnit, Russia’s largest retailer in terms of store numbers, has announces its unaudited 2009 annual ...   read more
St. Petersburg Dune Pension to be Redeveloped into Elite Hotel
January 13, 2010, 9:38, (Property Xpress) - Loss-making pension Dune in the village of Solnechnoe, St. Petersburg region will be redeveloped into an elite ...   read more
EUR 350 mln Resort Receives Planning Permission in Montenegro
January 13, 2010, 9:21, (Property Xpress) - The Montenegrin authorities have recently granted planning permission for a large-scale resort development ...   read more
Kiev Sells Sites for Four-Star Hotel Development
January 13, 2010, 8:51, (Property Xpress) - At its regular December 24 session, Kiev City Council approved a hotel project with some modifications and ...   read more
Deutsche Bank Signs 7,000 Sq. m Lease Deal in Russia
January 13, 2010, 8:18, (Property Xpress) - Deutsche Bank and DS Development, part of the Don-Stroy group of companies, have announced closure of a seven ...   read more
St. Petersburg Sells 6.5 Ha Lot for Housing Estate
January 12, 2010, 15:51, (Property Xpress) - Yesterday, the Property Fund of St. Petersburg held a tender to sell a 6.5 ha lot in Ust-Izhora destined for ...   read more
Wipro Technologies Rents 4,500 sq. m of Office Space in Timisoara
January 12, 2010, 14:06, (Property Xpress) - Software and outsourcing services provider Wipro Technologies has leased 4,500 sq. m of office space at ...   read more
Miskzhitlobud to Start New Residential Project in Kiev
January 12, 2010, 13:51, (Property Xpress) - Ukrainian construction company Miskzhitlobud is considering developing 171,000 sq. m of residential space in ...   read more
Rezidor Announces New Park Inn Hotel in Russia
January 12, 2010, 13:23, (Property Xpress) - Brussels-headquartered Rezidor Hotel Group today announced a new Park Inn hotel in Russia. The lodging ...   read more
Lutsk Airport Sale Fails
January 12, 2010, 13:14, (Property Xpress) - The second auction for the sale of a controlling stake, 50 pct plus one share, in the Ukrainian Lutsk Airport ...   read more
Regional Power Center Planned for Syktyvkar
January 12, 2010, 12:17, (Property Xpress) - A regional power center will be developed in Syktyvkar, the capital of Komi Republic. The facility is ...   read more
GTC Pays EUR 9.8 mln to Increase Stake in City Gate
January 12, 2010, 11:50, (Property Xpress) - Israeli company Globe Trade Center (GTC), which has developed the America House and Europe House office ...   read more
Sberbank Capital to Dispose of Alpi Assets
January 12, 2010, 11:08, (Property Xpress) - Sberbank Capital aims to sell its largest asset in commercial real estate, the 24-unit network of Siberian ...   read more
Bauhaus Arrives in Split, Croatia
January 12, 2010, 10:49, (Property Xpress) - German DIY retail group Bauhaus will build a hypermarket in the Dujmovaca area of Split by the end of the ...   read more
Shopping Mall Project under Way in Saransk
January 12, 2010, 10:27, (Property Xpress) - Moscow-based TS Development plans to build a 60,000 sq. m shopping and entertainment center in the Russian ...   read more
PIK Group Starts Building New District in Podolsk
January 12, 2010, 9:06, (Property Xpress) - Russian group of companies PIK has started building homes in the Kuznechiki area in the town of Podolsk, ...   read more
RED Shifts Focus to Small Romanian Towns
January 12, 2010, 8:59, (Property Xpress) - Real estate development company RED Management Capital has obtained finance from Immorent Romania, a ...   read more
Vivacom Sells Plovdiv Central Post Building for EUR 10 mln
January 12, 2010, 8:42, (Property Xpress) - The Central Post Office building in the city center of Plovdiv, Bulgaria has been sold by Vivacom for EUR 10 ...   read more
VEB to Grant USD 122 mln Loan for New Terminal Construction
January 12, 2010, 8:25, (Property Xpress) - Russian state bank for development and foreign economic affairs Vnesheconombank (VEB) has decided to provide ...   read more
New Fund Launched to Invest in Underperforming Companies in CEE
January 11, 2010, 16:04, (Property Xpress) - A new fund dedicated to investing in distressed assets in Central and Eastern Europe (CEE) has been launched ...   read more
Lviv Announces Tender for Temporary Airport Terminal
January 11, 2010, 15:08, (Property Xpress) - The Lviv Regional State Administration will launch a tender to draft the design of a new temporary terminal at ...   read more
Camaieu Debuts in Romania
January 11, 2010, 14:35, (Property Xpress) - French clothing retailer Camaieu will enter the Romanian market in January, this year by opening a store in ...   read more

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