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French Grocery Retailer to Open 10 Stores in the Balkans by End’09
August 20, 2009, 8:45, (Property Xpress) - A French grocery retailer says it will open 10 supermarkets in the Balkans by the end of the year with two in ...   read more
Moscow City Injects USD 47.5 mln in OOO Russia
August 20, 2009, 8:24, (Property Xpress) - Moscow authorities will allocate about USD 47.5 mln from the city budget to OOO Russia for reconstruction of ...   read more
Gergov Negotiates on Sofia’s Radisson SAS Acquisition
August 20, 2009, 8:03, (Property Xpress) - Bulgarian Plovdiv-based businessman Georgi Gergov is negotiating to purchase the Radisson SAS Hotel in Sofia. ...   read more
Trinfico to Establish Fund for Land Investments
August 20, 2009, 7:36, (Property Xpress) - Trinfico Property Management will begin forming the real estate fund Russkoe Pole on September 2, CEO Alexei ...   read more
Istrabenz Tourism in Trouble, Report Shows
August 20, 2009, 7:08, (Property Xpress) - Total cash flow of the companies from the tourism division of Koper-based Istrabenz Tourism is not sufficient ...   read more
Vacant Retail Space Doubles in Moscow and St. Petersburg
August 19, 2009, 15:26, (Property Xpress) - The percentage of vacant space in the shopping centers in Moscow and St. Petersburg in the second quarter of ...   read more
Corus Invests EUR 12 mn in Romanian Production Plant
August 19, 2009, 14:33, (Property Xpress) - India’s Tata Steel subsidiary Corus will spend EUR 12 mln to develop a production facility at Sfantu ...   read more
Infrastructure Construction of Biryuzovaya Katun to Start in 2009
August 19, 2009, 14:17, (Property Xpress) - Construction of the internal and external infrastructure of Biryuzovaya Katun (Turquoise Katun) project in ...   read more
Update: IKEA Keeps Plans for Massive Balkans Expansion
August 19, 2009, 13:54, (Property Xpress) - Network development of the Swedish retail giant IKEA in the Serbia, Croatia and Slovenia markets is going ...   read more
MirLand Development Announces H1’09 Results
August 19, 2009, 13:08, (Property Xpress) - MirLand Development Corporation, one of the leading international residential and commercial property ...   read more
Altcom to Put 80,000 sq. m of Residential Space into Operation in Ukraine
August 19, 2009, 12:47, (Property Xpress) - Donetsk-based financial and industrial group Altcom intends to put 80,000 sq. m of residential space into ...   read more
Olympstroy Finds Investor for Sochi Ice Arena
August 19, 2009, 11:47, (Property Xpress) - Russian state corporation Olympstroy has found an investor for construction of the ice arena for curling in ...   read more
Nikolaevskiy Passage to Open in Spring 2010
August 19, 2009, 11:28, (Property Xpress) - Investment in construction of the six-story center is about USD 20 mln and its total area is 13,000 sq. m. ...   read more
Former Director of JW Marriottt Bucharest Launches Hotel Chain
August 19, 2009, 10:24, (Property Xpress) - The former general director of the five-star JW Marriottt Bucharest Hotel in Romania Kurt Strohmayer will ...   read more
Selgros Opens 18th Romanian Unit in September
August 19, 2009, 9:43, (Property Xpress) - Retailer Selgros Cash & Carry, part of the German Rewe group, will open its 18th store in its Romanian network ...   read more
Donetsk City Council Donates 270 ha for Airport Reconstruction
August 19, 2009, 9:32, (Property Xpress) - Ukrainian city of Donetsk has donated 273 ha of land for construction of runways, part of the airport ...   read more
Nafta Co. Acquires Voentorg
August 19, 2009, 9:06, (Property Xpress) - Group of companies Nafta Co., controlled by Suleiman Kerimov, has become owner of a 99.58 pct share in ...   read more
Building Permit Issued for Shopping Mall in Bulgaria
August 19, 2009, 8:40, (Property Xpress) - A building permit has been issued for a two-story shopping center with a total area of 28,180 sq. m in the ...   read more
Land Auction Announced for Two Lots in Tyumen
August 19, 2009, 8:15, (Property Xpress) - Two plots of land, of 98 and 47 ha in the suburbs of Tyumen, will be for sale at auction. The land is destined ...   read more
Sonae Sierra Takes EUR 4.5 mln from BRD for River Plaza Mall
August 19, 2009, 7:59, (Property Xpress) - Portuguese property development group Sonae Sierra, owner of River Plaza shopping center in Ramnicu Valcea, ...   read more
Seven Capitals Draft Plan Ready by End-2009
August 19, 2009, 7:29, (Property Xpress) - The draft plan of the Setl City project Seven Capitals in the village of Kudrovo will be corrected in autumn ...   read more
Fozzy Group Opens in Dafi Shopping Mall, Ukraine
August 19, 2009, 7:08, (Property Xpress) - Kiev-based Fozzy Group has signed a contract with Dnipro-based Dafi company for leasing 10,500 sq. m in the ...   read more
Retailer to Invest in Distribution Center Development in Romania
August 18, 2009, 13:58, (Property Xpress) - A German retail chain active in Romania will develop a 125,000 sq. m distribution center on a 40 ha lot in the ...   read more
EBRD Supports Cersanit Plant Extension in Ukraine
August 18, 2009, 13:12, (Property Xpress) - The EBRD is providing a EUR 20 mln loan to Cersanit Invest, a ceramic tiles producer operating in Ukraine, to ...   read more
Construction Work on Four-Star Hotel in Kiev to Start in 2010
August 18, 2009, 12:38, (Property Xpress) - A Ukrainian development group has announced it plans to start construction work on a four-star hotel in Kiev ...   read more

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