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Fund Acquires 50,000 sq. m Retail Park in Romania
October 05, 2009, 8:52, (Property Xpress) - An investment fund focused on Eastern European property market has acquired a Romanian retail park in a EUR 63 ...   read more
Power Center on 8.5 ha Planned in Bulgaria
October 05, 2009, 8:25, (Property Xpress) - A power center including an entertainment area is scheduled to be implemented in the Bulgarian Danube city of ...   read more
Update: Raven Russia Agrees Loan Facility with IFC
October 05, 2009, 7:52, (Property Xpress) - Raven Russia today announced it has made early repayment of the outstanding balance of a USD 60 mln ...   read more
Ilim Group Considers Hotel Development near Baikal Lake
October 05, 2009, 7:21, (Property Xpress) - Russia’s Ilim Group is considering construction of a hotel complex in the Baikal area, Irkutsk region, ...   read more
Joint Venture Extends EUR 39.5 mln Loan in Romania
October 05, 2009, 7:06, (Property Xpress) - A joint venture has extended its EUR 39.5 mln loan with a Romanian bank, whose proceeds have been used to ...   read more
EUR 27 mln for Logistics Terminal in Ukraine
October 02, 2009, 12:57, (Property Xpress) - Yesterday, an agreement was signed on a joint venture to invest EUR 26.8 mln in construction of a logistics ...   read more
X5 to Acquire Russian Paterson Retail Chain
October 02, 2009, 12:44, (Property Xpress) - Russia’s biggest grocery retailer in terms of sales X5 Retail Group has applied for regulatory approval to ...   read more
Green Plaza in Donetsk to Open in Stages
October 02, 2009, 12:34, (Property Xpress) - Donetsk-based Domus development group will open a three-story retail center, part of Green Plaza project at ...   read more
DEPOT Development Group to Launch Six Retail Centers in 2010
October 02, 2009, 12:19, (Property Xpress) - DEPOT Development Group, a wholly owned subsidiary of Foxtrot, plans to put six retail centers into operation ...   read more
Leviev Says: Moscow City to Open in June’10
October 02, 2009, 12:15, (Property Xpress) - Lev Leviev, Chairman of Africa Israel has announced that construction of its flagship project in Russia’s ...   read more
Pierre Cardin Selects Partner for Network Extension in Russia
October 02, 2009, 10:31, (Property Xpress) - Pierre Cardin runs five stores in the cities of Moscow, St. Petersburg and Yekaterinburg, with the support of ...   read more
Developer in Wait and Watch Mode on Market Recovery in Romania
October 02, 2009, 10:12, (Property Xpress) - Oasis Retail Development & Consulting has reviewed its plans to develop retail facilities in Romania and is ...   read more
Moore Capital Interrupts TPG and VTB Proposal on Buying Stake in Lenta Retail Chain
October 02, 2009, 9:52, (Property Xpress) - The US-based investment fund Moore Capital is going to purchase a 35.4 pct share in the Russian retailer Lenta ...   read more
Swiss Firm to Spend EUR 20 mln for Serbian Production Facility
October 02, 2009, 9:27, (Property Xpress) - A Switzerland-based company yesterday announced it plans to begin building a medicine-producing plant in ...   read more
Raven Russia Agrees USD 50 mln to IFC
October 02, 2009, 9:03, (Property Xpress) - Raven Russia has found a new financial partner for its A-class Megalogix logistics project in Rostov-on-Don. ...   read more
Global Service Center to Employ 2,000 Planned for Ukraine
October 02, 2009, 8:45, (Property Xpress) - A leading international manufacturer of computer equipment plans to open a global service center in the ...   read more
Downtown Hotel in St. Petersburg Up for Sale
October 02, 2009, 8:21, (Property Xpress) - A Russian construction and development group has placed a hotel up for sale located in the historic center of ...   read more
Argo Real Estate in Shortage of Cash, Aims to Raise USD 10 mln
October 02, 2009, 8:02, (Property Xpress) - The board of Argo Real Estate Opportunities Fund today announced it proposes to raise approximately EUR 10.5 ...   read more
TNK-BR Withdraws from 50,000 Sq. m Lease Deal
October 02, 2009, 7:37, (Property Xpress) - Russian leading oil company TNK-BP, which earlier said it was interested in renting 50,000 sq. m in Western ...   read more
WTC to Develop Ibis Hotel in Bucharest
October 02, 2009, 7:27, (Property Xpress) - World Trade Center (WTC) company will start building an Ibis branded hotel in Bucharest in the next six ...   read more
Four-Star Hotel Opens near Kremlin
October 01, 2009, 15:04, (Property Xpress) - A new four-star hotel opened in Moscow on Thursday. Kadashevskaya Hotel is on Kadashevskaya Embankment near ...   read more
French Leroy Merlin Debuts in Ukraine
October 01, 2009, 14:49, (Property Xpress) - DIY hypermarket chain Leroy Merlin, a member of the French Adeo Group, will open its first Ukrainian ...   read more
RNR-Basis to Develop Housing Estate in Krasny Sulin
October 01, 2009, 14:26, (Property Xpress) - RNR-Basis company is developing a neighborhood of 314 low-rise buildings, called ‘Sunny Beach’, in the ...   read more
French Clothes Retailer Targets 30 Store Openings in Romania
October 01, 2009, 13:56, (Property Xpress) - A French clothes retailer today announced launching its first store in Romania, occupying 1,700 sq. m in the ...   read more
20,000 sq. m Logistics Center Opens near Kiev
October 01, 2009, 13:21, (Property Xpress) - Kiev-based MTI group of companies, developing the Intertop chain of footwear stores as well as Protoria ...   read more

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