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Investment Funds Cautious on Romania
December 04, 2009, 11:32, (Property Xpress) - A new real estate fund is being established in Romania, targeting a 15 pct return on investments. The first ...   read more
USD 20 mln Cottage Town under Development in Koncha Zaspa, Ukraine
December 04, 2009, 10:40, (Property Xpress) - By the end of summer 2010, Solnechniy Luch cottage settlement will be commissioned in Kozin village, ...   read more
X5 Completes Paterson Chain Acquisition
December 04, 2009, 10:05, (Property Xpress) - X5 Retail Group today announced that it has completed acquisition of the Paterson supermarket chain. X5 ...   read more
Lev Leviev to Sell Moscow Jewelry Factory to Pay off Debts
December 04, 2009, 9:34, (Property Xpress) - Lev Leviev is about to sell Moscow Jewelry Factory to pay off debts owed to Israeli banks, the newspaper ...   read more
Apolodor to Start New Residential Project in Romania
December 04, 2009, 9:13, (Property Xpress) - Romanian company Apolodor Comimpex, specializing in building demolition, infrastructure works and real estate ...   read more
Sberbank Lends RUB 16 bln to PIK Group
December 04, 2009, 8:45, (Property Xpress) - PIK Group has signed a deal with Russian savings bank Sberbank to provide it with RUB 16 bln for five years. ...   read more
Construction Starts on Shopping Mall in Bulgaria
December 03, 2009, 16:27, (Property Xpress) - Work has recently started on a shopping mall in Bulgaria and the project has not yet appointed a general ...   read more
45,000 Sq. m Shopping Mall Opens in Belgorod
December 03, 2009, 16:03, (Property Xpress) - A new shopping and entertainment complex has opened on Bogdan Khmelnytsky Boulevard in Belgorod. The Rio Mall, ...   read more
IGH Drops out of Zagrepchanka Land Purchase
December 03, 2009, 15:51, (Property Xpress) - Civil Engineering Institute of Croatia (IGH) has dropped out of buying half of the Zagrepcanka land, for which ...   read more
Voronezh Industrial Project Receives Government Support
December 03, 2009, 15:13, (Property Xpress) - Voronezh region will receive RUB 500 mln from the Investment Fund of Russia to establish Maslovska industrial ...   read more
New Yorker and Hugo Boss Open Next Stores in Romania
December 03, 2009, 14:42, (Property Xpress) - German fashion retailer New Yorker will open its 10th store in Romania on December 5. The unit will occupy 800 ...   read more
Kuzbasskiy Technopark Construction Launched Today
December 03, 2009, 14:08, (Property Xpress) - The official groundbreaking ceremony for the first building of Kuzbasskiy Technopark business incubator took ...   read more
Consultants Grupa Receives Building Permit in Croatia
December 03, 2009, 13:40, (Property Xpress) - Consultants Grupa real estate company from the City of Zagreb for obtaining building permits to construct its ...   read more
Sun City Mall in Novosibirsk Signs First Lease Deals
December 03, 2009, 13:08, (Property Xpress) - Sun City shopping and entertainment complex, currently under construction in Novosibirsk, has signed ...   read more
USD 30 mln Shopping Center Planned for Kiev
December 03, 2009, 12:38, (Property Xpress) - A Ukrainian developer said it plans to begin construction work on a shopping center in Kiev in the first ...   read more
Dragomir Karic to Manage Itera’s Development Arm
December 03, 2009, 11:18, (Property Xpress) - Oil and gas company Itera has transferred all its real estate development business under the control of ...   read more
Delta Lays Foundation for 25,000 sq. m Retail Project in Serbia
December 03, 2009, 11:03, (Property Xpress) - Delta Real Estate, controlled by Serbian businessman Miroslav Miskovic, has laid the foundation stone for a ...   read more
Real Opens Third Hypermarket in Timisoara, Romania
December 03, 2009, 9:57, (Property Xpress) - German hypermarket network Real today opened its third store in Timisoara, following a EUR 24.2 mln ...   read more
Russian Post Selects Site for Third Sorting Center
December 03, 2009, 9:41, (Property Xpress) - Russian Post has chosen a site in southern Russia to build an automated sorting center, estimated at about USD ...   read more
Ukrainian Retail to Invest USD 5.0 mln in Network Extension
December 03, 2009, 9:18, (Property Xpress) - Ukrainian Retail, part of System Capital Management (SCM) holding, intends to open more than 25 Brusnytsya ...   read more
VTB Completes Controlling Stake Acquisition in Sistema-Hals
December 03, 2009, 8:45, (Property Xpress) - VTB Bank has exercised its call option to acquire a further 31.5 pct stake in Sistema-Hals for RUB 30, the ...   read more
Turkish Food Retailer Raises Capital to Extend Romanian Network
December 03, 2009, 8:32, (Property Xpress) - A Turkish food retailer active in Romania has announced it will increase its capital by EUR 2.3 mln, to EUR ...   read more
X5 CEO Sells Stake for USD 10.5 mln
December 03, 2009, 8:30, (Property Xpress) - X5 Retail Group Chief Executive Officer Lev Khasis has sold one-third of his shareholding in the company. On ...   read more
Yaroslavl Signs Investment Agreement with Developer
December 02, 2009, 15:29, (Property Xpress) - Governor of the Yaroslavl region Sergey Vakhrukov has signed an agreement of intent for an investment project ...   read more
Retailer Slows Down Expansion Pace in Romania
December 02, 2009, 15:09, (Property Xpress) - A network of discount food stores wants to open its first Romanian units in autumn of 2010, according to data ...   read more

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