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Shangri-La to Open 400-Room Hotel in Moscow
June 19, 2009, 10:39, (Property Xpress) - Shangri-La Hotels and Resorts plans to open a 400-room hotel to the top floors of a 42-storey main building in ...   read more
EUR 24 mln for Shopping Mall in Albania
June 19, 2009, 10:37, (Property Xpress) - A total of EUR 24 mln will be provided for development of Albania’s largest shopping center. The proceeds of ...   read more
Romanian City Announces Tender for EUR 80 mln Project
June 19, 2009, 10:09, (Property Xpress) - A Romanian city has announced it will hold an auction to select the company, to take care of arranging an ...   read more
Krasnoyarsk to Transform Deserted River Island into Business/Entertainment District
June 19, 2009, 9:21, (Property Xpress) - The investment council of Krasnoyarsk has approved the project foreseeing the transformation of the deserted ...   read more
Inteco Pays USD 866 mln to Creditors
June 19, 2009, 8:36, (Property Xpress) - Russian developer Inteco, owned by Elena Baturina, has covered USD 866 mln liabilities to several Russian ...   read more
Romanian PIC Keeps Network Expansion Strategy
June 19, 2009, 8:30, (Property Xpress) - Dragos Stancu, the new CEO of the Romanian hypermarket retail chain PIC, said the company will maintain its ...   read more
VEB Considers up to USD 600 mln WB Financing for Infrastructure
June 19, 2009, 8:03, (Property Xpress) - Russian state bank for development and foreign economy affairs Vnesheconombank (VEB) can attract between USD ...   read more
Wizard Supermarket Rents 1,600 sq. m in Ukraine
June 19, 2009, 7:33, (Property Xpress) - Sanitaryware and heating utilities supermarket chain Wizard has rented 1,600 sq. m and become the anchor ...   read more
Hotel/Embassy Complex Gets Nod in Ukraine
June 19, 2009, 7:02, (Property Xpress) - The city building committee of Kiev has approved the corrected scheme, to be developed on 25, T. Shevchenko ...   read more
Moscow to See Five-Star Hotel Opening in 2010
June 19, 2009, 7:01, (Property Xpress) - A new 203-room luxury hotel is to become operational in September 2010 on Tverskaya Street in Moscow. ...   read more
Distributor Domus-Tevadi Rents 4,000 Sq. m in Yekaterinburg
June 18, 2009, 15:11, (Property Xpress) - Distribution company Domus-Tevadi has rented 4,000 sq. m of warehouse space in the Yekaterinburg-based ...   read more
RosInvestHotel Unveils Plans for Ukraine
June 18, 2009, 15:02, (Property Xpress) - Moscow-based management company RosInvestHotel, currently implementing a hotel project near Kiev, part of the ...   read more
MO Sofia Reports Revenue Growth, Profit Dip in 2008
June 18, 2009, 14:12, (Property Xpress) - MO Sofia AD, owner and operator of the shopping and entertainment center Mall of Sofia, today reported a 19 ...   read more
Arsenal – Nedvizhimost Sets Up Fund to Complete Mandarin Mall
June 18, 2009, 13:56, (Property Xpress) - Arsenal – Nedvizhimost has set up a close share investment fund to complete the Mandarin shopping and ...   read more
Mixed-use Complex Projected for Kiev Podolsk District
June 18, 2009, 13:05, (Property Xpress) - At its meeting on Wednesday, the Kiev Architecture and Urban Planning Council sent recommendations for ...   read more
KIKA to Replace IKEA in Samara
June 18, 2009, 12:49, (Property Xpress) - Austrian furniture chain KIKA plans to enter the Samara region and has already acquired 13,000 sq. m in the ...   read more
Business Center to Replace Moscow Plant by 2012
June 18, 2009, 12:25, (Property Xpress) - A mixed-use industrial and business complex will be developed in the place of the former Moscow Tea Factory in ...   read more
Kiev Retail Center Pyramid Welcomes New Anchors
June 18, 2009, 12:05, (Property Xpress) - Kiev-based retail center Pyramid has welcomed several new tenants, of which two are anchors, management ...   read more
Starwood Capital Acquires Golden Tulip Chain
June 18, 2009, 11:57, (Property Xpress) - Starwood Capital has announced it is about to acquire the Swiss-based hotel group Golden Tulip, through its ...   read more
Starwood Capital Acquires Golden Tulip Chain
June 18, 2009, 11:46, (Property Xpress) - Starwood Capital has announced it is about to acquire the Swiss-based hotel group Golden Tulip, through its ...   read more
Bolshoi Theater Changes Upgrade Prime Contractor
June 18, 2009, 11:19, (Property Xpress) - Moscow’s Bolshoi Theater will change the prime contractor for its reconstruction, as well as 90 pct of the ...   read more
EUR 96 mln Targeted at Bulgarian Resort
June 18, 2009, 10:20, (Property Xpress) - A total of EUR 96 mln are targeted to be invested in the Bulgarian Black Sea resort complex of Kamchia, ...   read more
Europe-Invest Cuts Investment Program
June 18, 2009, 9:47, (Property Xpress) - Krasnodar-based developer ‘Europe-Invest’ will cut its investment program and focus on key projects in ...   read more
Kiev Approves 23-Story Residential Development
June 18, 2009, 8:38, (Property Xpress) - The city building committee of Kiev has approved the project for development of a 23-story residential ...   read more
LSR Wins USD 367 mln Residential Development Contract
June 18, 2009, 8:23, (Property Xpress) - CJSC DSK Blok, solely owned subsidiary of LSR Group, has won the auction for housing construction in the ...   read more

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