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Romanian Continental Hotels Freezes Four Investment Projects
January 28, 2010, 9:30, (Property Xpress) - All investment projects of the Romanian Continental Hotels chain, owned by businessman Radu Enache, will ...   read more
Sparkassen Immobilien to Boost Eastern European Exposure
January 28, 2010, 8:01, (Property Xpress) - Sparkassen Immobilien, the real estate division of Austrian Erste Bank Group, will be looking to raise capital ...   read more
Sberbank to Increase Retail Loan Portfolio to Pre-crisis Levels
January 28, 2010, 8:00, (Property Xpress) - Russian state-controlled Sberbank plans to increase its retail loan portfolio by 6.8 pct this year to RUB 1.25 ...   read more
Canadian Group Tasked to Audit Russian Infrastructure Projects
January 27, 2010, 16:52, (Property Xpress) - A Canadian engineering and construction group today announced it has formed a joint venture company with ...   read more
German DIY Operator Enters Bosnia and Herzegovina
January 27, 2010, 16:40, (Property Xpress) - A German DIY and garden centers operator has signed a JV agreement with a Bosnia and Herzegovina-based company ...   read more
Hotel Development Planned at Tula Street in St. Petersburg
January 27, 2010, 16:19, (Property Xpress) - A hotel project will be developed on Tula Street in St. Petersburg. Currently the site is occupied by a Super ...   read more
Updated: DDG to Build Retail Centers in Ukraine
January 27, 2010, 15:47, (Property Xpress) - DEPOT Development Group plans to design four shopping centers in 2010, as well as complete construction of ...   read more
Victoria Retail Chain to Raise Funds to Enhance Growth Opportunities
January 27, 2010, 15:17, (Property Xpress) - Russian retail chain Victoria has authorized Goldman Sachs and Renaissance Capital to consider an initial ...   read more
Advent International to Acquire Share in Romanian Private Clinic Chain
January 27, 2010, 14:30, (Property Xpress) - Global private equity firm Advent International is about to acquire a controlling stake in the Romanian ...   read more
VTB North-West Considers Fund Establishing Option
January 27, 2010, 14:00, (Property Xpress) - Russia‚Äôs financial and lending institution VTB North-West has collected from its borrowers office, ...   read more
St Sophia Homes Resumes Work on Kiev Hilton Hotel
January 27, 2010, 13:35, (Property Xpress) - Kiev-based St Sophia Homes resumed construction of a 24-story hotel complex with residential apartments on ...   read more
Sberbank Takes Nordstar Tower for Unpaid Debt
January 27, 2010, 13:21, (Property Xpress) - The liabilities of Russian developer Don Stroy to Sberbank are about RUB 20 bln, of which RUB 11 bln will be ...   read more
Cefin Real Estate Alpha Initiates Own Insolvency
January 27, 2010, 13:08, (Property Xpress) - Cefin Real Estate Alpha earlier pledged to develop 271 apartments and 5,000 sq. m of retail space in the ...   read more
Nizhny Novgorod Plans Airport Renovation Project
January 27, 2010, 12:50, (Property Xpress) - The Government of the Russian Nizhny Novgorod region plans to invest EUR 70 to 80 mln to develop Nizhny ...   read more
Montenegrin Company to Start Works on Four Hotels in 2010
January 27, 2010, 12:12, (Property Xpress) - The Montenegrin Ministry of Spatial Planning and Environment has approved the draft plan for a four-plus star ...   read more
Starwood Hotels & Resorts Signs Management Agreement in Russia
January 27, 2010, 11:03, (Property Xpress) - Starwood Hotels & Resorts, one of the leading hotel and tourism business in the world, and development company ...   read more
Logistics Property Developer Signs First Romanian Contract
January 27, 2010, 10:38, (Property Xpress) - A European asset manager and developer of distribution facilities has signed an agreement with the British ...   read more
Metro Build 8,000 Sq. m Store in Tomsk
January 27, 2010, 10:07, (Property Xpress) - Construction work on an 8,000 sq. m Metro Cash & Carry center in Tomsk will begin in March and be completed by ...   read more
13,000 sq. m Residential Site in Bulgaria Sold for 20 pct of Acquisition Value
January 27, 2010, 9:28, (Property Xpress) - A property with full residential permits has been sold for one fifth of its acquisition value in Bulgaria. ...   read more
Telman Ismailov Likely to Build Luxury Hotel in Moscow
January 27, 2010, 9:08, (Property Xpress) - Property tycoon Telman Ismailov is likely to build luxury hotels under the Mardan Palace brand in Moscow, ...   read more
Russian Developer to Start Housing Project in Yalta, Ukraine
January 27, 2010, 8:52, (Property Xpress) - A Russian development group plans to begin construction of a residential complex in Yalta in 2011 and complete ...   read more
Accor to Manage 230-Room Hotel in Krasnodar
January 26, 2010, 15:46, (Property Xpress) - A new, 230-room hotel, to be managed by international operator Accor Group, is planned to open in the center ...   read more
IKEA Invited to Build Mega Center in Volgograd
January 26, 2010, 15:19, (Property Xpress) - The Mayor of Volgograd, Roman Grebennikov has invited representatives of Swedish IKEA to build a shopping ...   read more
Cinema City Leases 3,000 sq. m at Shopping Mall in Craiova, Romania
January 26, 2010, 14:47, (Property Xpress) - Cinema City, the biggest multiplex operator in Central and Eastern Europe, has signed a lease deal to open a ...   read more
Inca to Open Camper Shoe Stores in Russia
January 26, 2010, 14:16, (Property Xpress) - Russian company Inca has become exclusive distributor of the Spanish shoemaker Camper, said Inca executive ...   read more

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