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Gea-Prasa to Start Second Residential Project in Romania
February 16, 2009, 15:55, (Property Xpress) - Spanish real estate developer Gea-Prasa intends to build its second residential project in Bucharest on the ...   read more
No Buyers for Heliopark Old Estate in Pskov
February 16, 2009, 15:31, (Property Xpress) - Management company Heliopark Group says it has been in talks for the sale of Heliopark Old Estate Hotel in ...   read more
Update: 51 Pct Stake in 75,000 Sq. m Scheme Sold for EUR 7.14 mln in Bulgaria
February 16, 2009, 14:58, (Property Xpress) - As Property Xpress earlier reported, Elbit Imaging’s subsidiary Plaza Centers paid a local developer EUR ...   read more
MTS Subsidiary Gets Nod for 99 Pct in Eldorado
February 16, 2009, 14:42, (Property Xpress) - Daga Retail Holding, a subsidiary of Russian mobile operator MTS, has received the green light from Russian ...   read more
Smak Units in Ukraine to Host Spar
February 16, 2009, 13:55, (Property Xpress) - Spar supermarkets will be accommodated in Russian chain Smak stores that closed at the end of 2008. The first ...   read more
Officials Approve USD 500 mln Scheme in Kiev
February 16, 2009, 13:49, (Property Xpress) - Kiev City Council has approved a project including a 160-m high office and hotel complex and a four-level ...   read more
Dambovita Project to Be Approved in Bucharest
February 16, 2009, 13:21, (Property Xpress) - Approval for Dambovita Center project, already accepted by the Technical Commission of Urbanism and Territory ...   read more
Sisecam to Invest up to USD 190 mln in Russian Factory
February 16, 2009, 13:18, (Property Xpress) - Turkish glass manufacturer Sisecam, owned by Is Bankasi plans to invest between USD 180 mln and 190 mln in a ...   read more
Vester Forecasts 50 Pct Turnover Increase in 2009
February 16, 2009, 13:01, (Property Xpress) - Russian retail chain Vester forecasts a 50 pct turnover increase in 2009 to about USD 711 mln, compared to USD ...   read more
Moscow to Buy 120,000 Sq. m from Debt-ridden Glavmosstroy
February 16, 2009, 12:32, (Property Xpress) - Moscow is ready to buy 120,000 sq. m for about USD 205 mln, aiming to bail out the debt-ridden Glavmosstroy, ...   read more
UTG Leases Space in Poltava and Odessa, Ukraine
February 16, 2009, 12:00, (Property Xpress) - Ukrainian Trade Guild (UTG) leased in January, over 5,000 sq. m in the 20,000 sq. m furniture commercial ...   read more
Moscow Buries Power Lines to Clear 4,000 Ha for Development
February 16, 2009, 11:20, (Property Xpress) - Moscow has approved the middle term strategy for land development under high-voltage transmission lines in the ...   read more
PSN to Focus on B Class Offices and Elite Residential Development
February 16, 2009, 10:17, (Property Xpress) - PromSvyazNedvizhimost (PSN), development arm of PromSvyazCapital group, will focus on development of B and B+ ...   read more
DEGI Launches Iris Shopping Center in Bucharest
February 16, 2009, 10:03, (Property Xpress) - Deutsche Gesellschaft für Immobilienfonds (DEGI), part of Aberdeen Property Investors Group, has opened its ...   read more
Kiev Ready to Sell 100 Ha to Foreigners
February 16, 2009, 9:48, (Property Xpress) - Kiev City Council intends to sell 46 land plots totaling 109.3 ha to companies with foreign capital. Among the ...   read more
Stroganovsky Hires Sales Consultant
February 16, 2009, 9:43, (Property Xpress) - The A class business center on Nevsky Prospect, called 'Stroganovsky’, has signed an exclusive contract with ...   read more
USD 130 mln Residential Complex Planned for Voronezh
February 16, 2009, 9:06, (Property Xpress) - Deputy Chairman of Voronezh region government, Andrey Sobolev, said a new residential complex will be ...   read more
Lidl Buys Municipal Plot in Pleven, Bulgaria
February 16, 2009, 8:54, (Property Xpress) - Retail chain Lidl has purchased 0.5 ha in the Storgoziya quarter in Pleven, Bulgaria for EUR 600,000, Kamen ...   read more
23,000 Sq. m Industrial Park in Shchelkovo Hires Brokerage Provider
February 16, 2009, 8:29, (Property Xpress) - Russian company OAO ‘Opytnyi Zavod’, the owner of a 23,000 sq. m industrial and storage facility in the ...   read more
ATB Market to Open New Stores in Ukraine
February 16, 2009, 8:05, (Property Xpress) - Dnipro-based retail chain ATB Market intends to open 70 to 80 discount stores in Ukraine in 2009 to round out ...   read more
Spar Acquires Four Locations in Croatia
February 13, 2009, 15:13, (Property Xpress) - Austrian Spar will take over the four locations of Italian Ipercoop in Croatia, Guntram Drexel, head of Spar ...   read more
Russian Retailer Lenta to Restructure Financial Portfolio
February 13, 2009, 15:10, (Property Xpress) - Russian retailer Lenta is in negotiations with one of the state-owned banks on receiving an over EUR 150 mln ...   read more
ZUP Approved for EUR 80 mln Shopping Mall in Serbia
February 13, 2009, 14:43, (Property Xpress) - Members of the Novi Sad City Council have decided to make amendments in the ZUP of the former industrial zone ...   read more
Investors Eye Russian Property Market
February 13, 2009, 14:19, (Property Xpress) - Four Moscow-based investment managers have confirmed, they are interested in the local property market and ...   read more
RPF in Talks on Plot Acquisitions in Bucharest, Romania
February 13, 2009, 13:41, (Property Xpress) - RPF Development, a firm with US capital, is negotiating to take over two sites in Bucharest. The company aims ...   read more

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