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Retail Group Looks to Reduce Debt, Plans Private Placement
June 16, 2009, 14:08, (Property Xpress) - Retail Group plans to sell up to 25 pct of the company shares in a private placement in the coming months, to ...   read more
U.S. Investor to Back USD 100 mln Resort Project in Azov City
June 16, 2009, 12:52, (Property Xpress) - A U.S. investor has been attracted by ASATI to back a resort development in the Azov-City gambling zone, the ...   read more
Transstroy and Mosinzhstroy Compete for USD 928 mln Contract
June 16, 2009, 12:13, (Property Xpress) - Tomorrow the best bidder for the first construction phase of Kurortniy Prospect in Sochi, with length of 5.7 ...   read more
Shapir Stops 2,400-home Projects in Romania Due to Lack of Buyers
June 16, 2009, 11:45, (Property Xpress) - Shapir Project Europe, controlled by the Israeli construction group Shapir, has frozen development of the ...   read more
UISP Cuts Development Project on Lower Financing
June 16, 2009, 11:15, (Property Xpress) - YugraInvestStroyProject (UISP), the development arm of the private Khanty-Mansisk pension fund, will develop ...   read more
GLD Invest Revises Ukrainian Plans
June 16, 2009, 11:06, (Property Xpress) - Kiev-based GLD Invest Ukraine, part of Austrian GLD Invest Group has adjusted its development strategy and ...   read more
Intesa SanPaolo Signs Lease at Brasov Business Park, Romania
June 16, 2009, 10:39, (Property Xpress) - Italian bank Intesa SanPaolo has signed a lease agreement for 9,500 sq. m in Brasov Business Park, located on ...   read more
Consortium of Rimini Fair and Verano Motors Sole Bidder for Belgrade Fair
June 16, 2009, 10:04, (Property Xpress) - The only bid for the purchase of a 70 pct share in Belgrade Fair has been provided by a consortium of Italian ...   read more
Renova Continues Yekaterinburg Mega Project
June 16, 2009, 9:55, (Property Xpress) - Russian developer Renova StroyGroup will continue implementing Akademia City residential district, in ...   read more
Year-round Resort Planned for Turkmenistan
June 16, 2009, 8:50, (Property Xpress) - Republic of Tatarstan, part of the Russian Federation, will develop a year-round resort in the Avaza tourist ...   read more
Mercator to Speed up Network Expansion in Bulgaria
June 16, 2009, 8:44, (Property Xpress) - Slovenia’s largest retail chain Mercator plans to expand into Bulgaria to stay ahead of competitors such as ...   read more
St. Petersburg to See USD 160 mln Techno Park Opening
June 16, 2009, 7:59, (Property Xpress) - St. Petersburg industrial zone Rzhevka will soon host a techno park to accommodate local furniture producers, ...   read more
EUR 55 mln Residential Projects Postponed in Romania
June 16, 2009, 7:56, (Property Xpress) - Romanian Andami Comp has postponed two, EUR 55 mln building projects and will focus only on production of ...   read more
USD 20 mln Furniture Hypermarket Opens in Saratov
June 16, 2009, 7:20, (Property Xpress) - Saratov-based RiO-Saratov, part of Moscow-registered company Dialog-Exploitation, has opened a USD 20 mln ...   read more
JV Found for EUR 150 mln First Stage Regeneration Scheme in Romania
June 16, 2009, 7:15, (Property Xpress) - An Austrian group has entered into a joint venture with a local partner to develop the first stage of a ...   read more
Russia Ranked Second in A.T. Kearney Recent Study
June 15, 2009, 14:13, (Property Xpress) - Emerging markets continue to represent attractive investment opportunities for global retailers and the ...   read more
Cottage Settlement Planned on 37 ha near Dnipro
June 15, 2009, 13:44, (Property Xpress) - A cottage village will be built in the Yubileyny, Ukraine, about 10 km from the center of Dnipro. Developer is ...   read more
Update: DIY Chain Mr. Bricolage to Expand in SEE
June 15, 2009, 12:06, (Property Xpress) - Bulgaria-registered Doverie Brico will lay the foundation stone of its first Serbian store, in the city of ...   read more
AK-BARS Bank Opens USD 16 mln Hotel in Alabuga
June 15, 2009, 11:39, (Property Xpress) - Russian AK-BARS Bank has invested USD 16 mln in the construction of Alabuga-City Hotel, Anatoly Melnik, ...   read more
Renova Promises to Complete Yekaterinburg Airport Project
June 15, 2009, 11:00, (Property Xpress) - The financial conditions of Koltsovo Airport in Yekaterinburg allow completion of its reconstruction and ...   read more
Odessa Airport Breaks Contract with Russian Investor
June 15, 2009, 10:36, (Property Xpress) - Odessa International Airport has suspended cooperation with the Russian company Gepard Plus, which earlier won ...   read more
SPAR to Continue Penetrating Russian Retail Market
June 15, 2009, 10:01, (Property Xpress) - SPAR International today announced it continued to perform well in 2008. Speaking at the recent International ...   read more
VTB/Fraport Consortium Leads Tender for Pulkovo Airport Upgrade
June 15, 2009, 9:31, (Property Xpress) - VTB/Fraport consortium ‘The Air Gates of The Northern Capital’ has become the leader after the first phase ...   read more
Hotel with Roof Park Zone Projected for Veliko Tarnovo
June 15, 2009, 9:06, (Property Xpress) - Oscar Architects studio, led by Spanish architects Alexander Dow and Edward Rifa, has created the design of a ...   read more
RTM Warns Shareholders for Possible Bankrupt
June 15, 2009, 8:58, (Property Xpress) - Sergey Hrapunov, general manager of local developer RTM, has warned the investors and shareholders that the ...   read more

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