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Materik Postpones USD 15 mln Irkutsk Project for a Year
July 13, 2009, 10:26, (Property Xpress) - Irkutsk-based group of companies Materik will put off the launch of the Sayen business center in the city by a ...   read more
Hilton Seeks New Locations in Romania
July 13, 2009, 9:46, (Property Xpress) - Hilton Hotels Corporation is seeking to increase its chain in Romania, by opening new units in the country’s ...   read more
Prana to Sell Remaining Yukos Assets
July 13, 2009, 8:45, (Property Xpress) - Russian-registered company Prana bought the assets of bankrupted oil company Yukos in 2007 for over USD three ...   read more
Construction Allowed on High-Rise Scheme in Sofia
July 13, 2009, 8:36, (Property Xpress) - At its session last week, the Sofia Administrative Court dismissed the case for a 30-story five-star hotel ...   read more
Mirax to Develop USD 180 mln Moscow Scheme with Partners
July 13, 2009, 8:12, (Property Xpress) - Russian Mirax Group and Leonid Gandelman, founder of Le Monti footwear chain, must develop the Moscow center ...   read more
Ukrainian O’Key Chain Close to Signing With Strategic Investor
July 13, 2009, 8:08, (Property Xpress) - Ukrainian retail chain O’Key, which started searching a strategic investor in the beginning of 2009, is ...   read more
Ikea Keeps Plans for Massive Balkans Expansion
July 13, 2009, 7:59, (Property Xpress) - Ikea, the world’s largest furniture retailer, is preparing expansion in the Balkans countries of Croatia, ...   read more
USD 33 mln Logistics Complex Opens in Chelyabinsk
July 13, 2009, 7:07, (Property Xpress) - A new logistics park has been put into operation in Chelyabinsk by OOO Integration, following an investment of ...   read more
Austrian Group to Develop Shopping Center in Rijeka, Croatia
July 10, 2009, 15:01, (Property Xpress) - At its regular session held this week, Rijeka City Council approved the West Shopping Center construction ...   read more
Spanish Company Interested to Develop Five-star Hotel in Bulgaria
July 10, 2009, 14:03, (Property Xpress) - A Spanish company has shown interest in acquiring a site suitable for a five-star hotel development in Sofia, ...   read more
54,000 Sq. m Shopping Center Planned for Nizhny Novgorod
July 10, 2009, 13:19, (Property Xpress) - A commercial and business complex with a total area of 54,300 sq. m will be built in the Prioksky district of ...   read more
Engel to Sell Project in Bulgaria, Considers Development in Romania
July 10, 2009, 12:55, (Property Xpress) - Engel East Europe, an AIM-listed Central and Eastern European property developer, today announced it is in an ...   read more
Radisson Hotel for Sale in Russia
July 10, 2009, 12:12, (Property Xpress) - A Radisson-managed hotel in Russia has been put for sale at the asking price of USD 18.6 mln. The announcement ...   read more
Reconstruction Work on Resort Project Starts in Montenegro
July 10, 2009, 11:09, (Property Xpress) - Reconstruction and restoration works have started on a EUR 35 mln resort hotel in Montenegro, to be carried ...   read more
Stockmann to Open Nevsky Center in 2010
July 10, 2009, 10:36, (Property Xpress) - Finnish Stockmann plans to open Stockmann Nevsky Center in St. Petersburg, at the corner of Nevsky Prospect ...   read more
EADS Subsidiary to Invest EUR 90 mln in Romania
July 10, 2009, 10:06, (Property Xpress) - Airbus, a leading aircraft manufacturer, subsidiary of EADS group, will invest EUR 90 mln in Romania to ...   read more
Construction of Baikalskaya Gavan Begins in Republic of Buryatia
July 10, 2009, 9:45, (Property Xpress) - The foundation stone of Baikalskaya Gavan special economic zone (SEZ) in the Republic of Buryatia will be laid ...   read more
German Real to Develop Network in Donetsk Region
July 10, 2009, 9:13, (Property Xpress) - Real hypermarket chain, part of the German Metro Group, intends to build several hypermarkets in the Donetsk ...   read more
Pool of Russian Builders to Raise 980,000 sq. m of Military Housing
July 10, 2009, 8:48, (Property Xpress) - Russian company MSM-5 won the Ministry of Defense tender in June to build military housing estimated at USD ...   read more
Chinese Contractor to Build Bridge in Serbia
July 10, 2009, 8:13, (Property Xpress) - Beijing-based China Roads and Bridges Corporation will be hired to build a bridge over the Danube River near ...   read more
Horus Capital to Sell Three Business Centers
July 10, 2009, 7:45, (Property Xpress) - Developer Horus Capital, controlled by the member of the Federation Council Sergei Gordeyev, may sell three of ...   read more
DeVision to Focus on Domosfera Shopping Scheme in Ukraine; Suspends Two Other Development Projects
July 10, 2009, 7:17, (Property Xpress) - Kiev-based DeVision Group, previously known as First Ukrainian Development, has indefinitely suspended ...   read more
Rusnano to Move Headquarters in Principal Plaza in Moscow
July 10, 2009, 6:55, (Property Xpress) - Russian Corporation of Nanotechnology (Rusnano) is likely to purchase 15,000 sq. m in Principal Plaza business ...   read more
One More Retailer Heading for Bulgaria
July 10, 2009, 6:54, (Property Xpress) - The Belgian grocery retailer Delhaize aims to further expand its business in the Balkans and is now exploring ...   read more
Large Mixed-use Project to Start This Autumn in Slovenia
July 09, 2009, 14:10, (Property Xpress) - Construction work on a large-scale mixed-use scheme in Slovenia is scheduled to begin this autumn, the project ...   read more

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