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PIK Officially Denies SU-717 Deal
May 18, 2009, 11:53, (Property Xpress) - Russian developer PIK has officially denied a deal for the sale of a 40 pct stake to SU-717. It added that no ...   read more
Consumer Goods Maker to Develop USD 30 mln Logistics Center
May 18, 2009, 10:49, (Property Xpress) - The local arm of an international consumer goods producer plans to invest about USD 31 mln in development of a ...   read more
Lviv Ready to Auction New Plots
May 18, 2009, 10:49, (Property Xpress) - Lviv City Council has scheduled a new land auction for June 9, offering investors six plots for residential ...   read more
Ruric Management Cuts St. Petersburg Project with USD 500 mln
May 18, 2009, 10:24, (Property Xpress) - Ruric Management, a subsidiary of Swedish-based investment vehicle Russian Real Estate Investment Company AB ...   read more
Mixed-use Scheme Approved in Odessa, Ukraine
May 18, 2009, 9:50, (Property Xpress) - Odessa City Council has approved the preliminary design of a mixed-use complex in Lanzheron Beach, worked out ...   read more
Ghelamco Russia Kicks Off Large Logistics Scheme
May 18, 2009, 9:28, (Property Xpress) - Ghelamco Russia has started the development of a 223,000 sq. m scheme, called ‘Dmitrov Logistics Park’, 30 ...   read more
New Hotel Opens in Biograd na Moru, Croatia
May 18, 2009, 9:12, (Property Xpress) - A four star class hotel has been launched in the Croatian city of Biograd na Moru, after a reconstruction of ...   read more
Metro Open Second Hypermarket in Novosibirsk
May 18, 2009, 8:30, (Property Xpress) - The retail arm of German concern Metro group, Metro Cash & Carry, has started construction of a new ...   read more
EBRD Gives EUR 50 mln for Romanian project
May 18, 2009, 8:17, (Property Xpress) - The European Bank for Reconstruction and Development (EBRD) will allocate EUR 50 mln to Romanian state-owned ...   read more
Detsky Mir Flagship Store Changes Hands
May 18, 2009, 7:44, (Property Xpress) - Russian financial corporation Sistema (AFK Sistema) has transferred the 100 pct stake of Lubyanka Development, ...   read more
Developer Offsets Real Estate Losses with Hotel Business in Romania
May 18, 2009, 7:38, (Property Xpress) - A Romania developer said it will apply a more aggressive strategy in the hotel business segment to offset real ...   read more
USD 220 mln Golf Club Planned for Sochi
May 18, 2009, 7:11, (Property Xpress) - A USD 220 mln golf club will be developed near the 2014 Winter Olympics host city of Sochi, following the ...   read more
IKEA Presents Tomsk Mega Retail Center Project
May 15, 2009, 14:48, (Property Xpress) - Representatives of Swedish furniture maker IKEA, said they are ready to buy the land for the 128,500 sq. m ...   read more
АН Doki Signs Agreements with Ukrainian Developers
May 15, 2009, 14:38, (Property Xpress) - The foreign property department of the Doki real estate agency has signed a series of agreements with ...   read more
Greek Developer Hopes on Bulgarian Office Project to Survive
May 15, 2009, 13:18, (Property Xpress) - A Greek developer believes that it would overcome the liquidity problem faced in recent times through a tender ...   read more
Spanish Investor in Talks on USD 2.0 bln Infrastructure Project in Ukraine
May 15, 2009, 12:39, (Property Xpress) - A Spanish group, whose name has not been disclosed, is in negotiations with Ukravtodor and Ukrainian ...   read more
Bank Ready to Sell Retail Outlets in Kiev
May 15, 2009, 12:34, (Property Xpress) - A foreign bank is expected to sell some of its commercial assets in the Ukraine, to soften the impact of ...   read more
Stroiinvest Offers Record Low B Class Office Rent
May 15, 2009, 12:30, (Property Xpress) - Russian developer Stroiinvest has offered the record low B class office rent on the Moscow market of USD 125 ...   read more
BIOP Opens in Voronezh
May 15, 2009, 12:29, (Property Xpress) - A BIOP supermarket, the new brand of German Rewe Group, has opened in the Armada in Voronezh shopping and ...   read more
Perfumery Chain to Expand in Volga Region
May 15, 2009, 11:47, (Property Xpress) - The management company of the Ile de Beaute perfumery chain plans to open new stores in Kazan, Ufa and other ...   read more
Multi-level Parking Facilities Planned for Kiev
May 15, 2009, 10:57, (Property Xpress) - Kiev City Administration aims to complete selection of 20 land lots (two for each of the city zones) in the ...   read more
Gaz Sud to Develop New Hotel in Bucharest
May 15, 2009, 10:27, (Property Xpress) - Romanian businessman Viorel Gheorghiu said the Gaz Sud company plans to build a four star hotel near the ...   read more
Advanced Development Cuts Costs of Cernica Project in Romania
May 15, 2009, 9:47, (Property Xpress) - Advanced Development, held by Catalin Scripcaru, the former chief officer of Raiffeisen Evolution, has decided ...   read more
Walmart Considers Russian Expansion
May 15, 2009, 9:30, (Property Xpress) - Walmart Stores Inc., the world’s largest retailer, may expand into Russia to capitalize on the fragmented ...   read more
Hotel Opening Expected in Olimp, Romania
May 15, 2009, 9:05, (Property Xpress) - Cocor SA, an entity listed on the Bucharest Stock Exchange, will open a spa complex and hotel unit in Olimp, ...   read more

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