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Montenegrin Resort Saint Stefan Faces Next Delay
April 23, 2009, 13:22, (Property Xpress) - Opening of Montenegrin resort Saint Stefan grand hotel has been postponed for two years, and will not become ...   read more
Rax Group Develops New Village near Moscow
April 23, 2009, 13:07, (Property Xpress) - Russian holding company Rax group, part of Vika group, plans to launch a new cottage village near the ...   read more
Unfinished Retail Center Put on Tender in Lipetsk
April 23, 2009, 12:29, (Property Xpress) - The assets of insolvent company Lipetskaya Yarmarka, including an unfinished retail center in Lipetsk will be ...   read more
BauMax Opens Unit in Bourgas
April 23, 2009, 12:00, (Property Xpress) - Austrian DIY retail chain BauMax will open its new hypermarket in the Bulgarian Black sea port of Bourgas on ...   read more
Update: Spanish Developer with 650,000 sq. m Projects in Romania
April 23, 2009, 11:55, (Property Xpress) - Spanish developer Avantia has started its first residential project on the Romanian market, requiring an ...   read more
Lewis Charles Sofia Property Fund Cancels Agreements with BuySell
April 23, 2009, 11:36, (Property Xpress) - Lewis Charles Sofia Property Fund said all of the option agreements as well as preliminary sales contracts in ...   read more
Crocus Hired as Prime Contractor of Federal University
April 23, 2009, 11:34, (Property Xpress) - Russian Crocus Group, owned by Aras Agalarov, was hires as a prime contractor for the Far-east Federal ...   read more
Commercial and Business Zone Planned for Slovenia
April 23, 2009, 11:13, (Property Xpress) - Construction work on a new commercial and business zone will start in the autumn in the Dol municipality near ...   read more
Moscow Rumyantsevo Business Park Leases Second Stage
April 23, 2009, 11:06, (Property Xpress) - Rumyantsevo business park in south-western Moscow started leasing the second stage of household appliances ...   read more
NGO Requests Valdanos Tender Cancellation
April 23, 2009, 10:04, (Property Xpress) - The Montenegrin Privatization Council should ignore the bids on renting and tourist valorization of Valdanos ...   read more
UK Fund to Attract USD 500 mln For Residential Projects
April 23, 2009, 9:57, (Property Xpress) - A UK-based investment house plans to create a mutual fund worth USD 500 mln for investment in residential ...   read more
Ferro Stroy Gives In Business Complex in Central Moscow
April 23, 2009, 9:09, (Property Xpress) - Russian company Ferro Stroy, active in commercial and residential real estate markets in Russia, will give up ...   read more
Atlant-M Freezes USD 70 mln Car Town Project
April 23, 2009, 9:08, (Property Xpress) - Car holding Atlant-M, one of the big players on the Ukrainian market, has frozen construction work on the car ...   read more
Media Markt to Open up to Eight Units in 2009
April 23, 2009, 8:09, (Property Xpress) - Media Markt, the household appliance arm of Metro Group, plans to open between five and eight new stores in ...   read more
CEE Focused Carpathian Gets Indicative Offer
April 23, 2009, 8:08, (Property Xpress) - British property investor Carpathian Plc, focused on Central and Eastern Europe has received a 20 euro cents ...   read more
New District to Replace Old Car Plant in Moscow
April 23, 2009, 7:44, (Property Xpress) - The city building committee of Moscow has approved development of a new district on the 134 ha of the bankrupt ...   read more
Montenegro Tenders 40,000 Sq. m Tourist Complex
April 23, 2009, 7:41, (Property Xpress) - Montenegrian Privatization Council has announced a tender for takeover and long-term renting of the 38,490 sq. ...   read more
Update: Nestle Builds New Plant in Ukraine
April 23, 2009, 7:03, (Property Xpress) - Swiss Nestle S.A. plans to invest EUR 27 mln in construction of a plant and a distribution center in the ...   read more
Big Russian Developer Seeks Management Companies
April 23, 2009, 7:02, (Property Xpress) - A big residential and commercial property developer in Russia is carrying out a number of tenders for ...   read more
Sberbank Allocates USD 17.7 mln for Residential Project
April 22, 2009, 14:58, (Property Xpress) - Russian state-controlled Sberbank opened a USD 17.7 mln credit line to Severny Gorod, part of RBI holding, the ...   read more
Rewe Group to Introduce New Brand in Russia
April 22, 2009, 14:41, (Property Xpress) - German Rewe group, operating a chain of Billa supermarkets in Russia, has decided to deploy a new solely owned ...   read more
VEB to Fund Airport Reconstruction in Russia
April 22, 2009, 14:29, (Property Xpress) - Vnesheconombank (VEB) will set apart EUR 225 mln for carrying out the Pulkovo Airport reconstruction, ...   read more
Delta Remains Formal Bidder for Stozice Project in Ljubljana
April 22, 2009, 14:17, (Property Xpress) - Serbian entity Delta is still in the competition for the Stozice project in Ljubljana, Slovenia, although the ...   read more
OMG Group to Develop Cottage Village in St. Petersburg District
April 22, 2009, 14:16, (Property Xpress) - OMG Group will invest EUR 22.7 mln to construct a cottage village in the Gatchinsk zone, St. Petersburg ...   read more
Russian Retail Market Shows Best Profitability Rates in Europe
April 22, 2009, 13:46, (Property Xpress) - Even in these hard times for Russian retailers, they showed the best profitability rates in Europe, an analyst ...   read more

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