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Infinity Stops Cottage Project in Kiev District
April 08, 2009, 9:13, (Property Xpress) - Because of the economic crisis, Infinity Ltd has indefinitely halted construction work on the Sun City cottage ...   read more
VTB Takes Control of Detsky Mir Flagship Store in Moscow
April 08, 2009, 9:12, (Property Xpress) - Russian VTB bank will take control of Detsky Mir’s iconic flagship store in central Moscow on Lubyanka ...   read more
Leroy Merlin Plans Massive Expansion in Ukraine
April 08, 2009, 8:42, (Property Xpress) - French chain Leroy Merlin plans to open from 40 to 60 locations in Ukraine over the next 15 years. The target ...   read more
Africa Israel Sells Stake in Two Malls to Back CEE Projects
April 08, 2009, 8:42, (Property Xpress) - Africa Israel Properties said on Tuesday it agreed to sell its stakes in two shopping centers in the Tel Aviv ...   read more
Honda Ukraine Opens Warehouse Complex near Kiev
April 08, 2009, 8:05, (Property Xpress) - Honda Ukraine has opened a new A-class warehouse complex near Kiev, to secure delivery of spare parts for the ...   read more
Eurasia Logistics Halts Rostov Region Project
April 08, 2009, 8:03, (Property Xpress) - Russia’s biggest logistics property developer Eurasia Logistics has stopped the implementation of its ...   read more
Bulgarian Fund Buys Black Sea Resort Properties
April 08, 2009, 7:16, (Property Xpress) - A Bulgarian investment fund has signed a preliminary agreement to purchase real estate in the Black Sea resort ...   read more
Finnish Investor to Launch Budget Hotel in St. Petersburg
April 08, 2009, 7:16, (Property Xpress) - A Finnish investor says it plans to develop an economy class hotel on Malaya Morskaya Street in St. ...   read more
Praktiker Increases Sales in Ukraine
April 07, 2009, 15:12, (Property Xpress) - Net sales of German DIY retailer Praktiker, one of Europe’s biggest market players, have risen by 7.9 times ...   read more
Spanish Fund Reduces Budget in Romania by EUR 100 mln
April 07, 2009, 14:47, (Property Xpress) - A Spanish private equity fund, which last year entered the Romanian market, has reduced its initial EUR 350 ...   read more
Russia Allocates Four Lots for 1.2 mln Sq. m Residential Developments
April 07, 2009, 14:47, (Property Xpress) - The government committee for development of residential construction has decided to set apart four lots owned ...   read more
Luxury Tourist Project to Open in Croatia
April 07, 2009, 14:37, (Property Xpress) - Construction work on the RIU Blue Waves luxury tourist village resort, in Malinska, a settlement in the ...   read more
USD 30 mln Low-Rise Development to be Completed by 2012
April 07, 2009, 14:34, (Property Xpress) - Development of a new low-rise residential complex, worth USD 30 mln will be completed by 2012 in the Ryazansk ...   read more
Retailer Starts EUR 30 mln Logistics Project near Sofia
April 07, 2009, 13:43, (Property Xpress) - An international discount retail chain on Tuesday laid the foundation stone of EUR 30 mln logistics complex ...   read more
Russian Developer to Invest USD 50 mln in Six New Retail Brands
April 07, 2009, 13:42, (Property Xpress) - A Russian developer, active in retail center construction, says it plans to invest about USD 50 mln this year ...   read more
Mall of Montenegro Leases 4,300 sq. m to Anchor Tenant
April 07, 2009, 12:58, (Property Xpress) - Mall of Montenegro, a shopping and entertainment complex in Podgorica, has leased 4,300 sq. m to Mercator Mex, ...   read more
Gazprom Supports Olypmpic Preparation with USD 2.025 bln
April 07, 2009, 12:43, (Property Xpress) - The world’s largest gas company, Gazprom, plans to invest at least USD 2.025 bln in preparations for the ...   read more
Business and Shopping Center to Open in Yambol, Bulgaria
April 07, 2009, 12:41, (Property Xpress) - A new business and commercial complex is expected to become operational at the end of this month in the ...   read more
International Hotel Brands Mull Openings in Lviv
April 07, 2009, 12:00, (Property Xpress) - Some of the world’s biggest hotel chains expressed their readiness to open hotels under their brands in the ...   read more
Geomart to Evolve into Hypermarket Chain
April 07, 2009, 11:41, (Property Xpress) - Russian company OOO Geomart-Retail, operating in a cash & carry segment with its sole hypermarket of 4,200 sq. ...   read more
X5 Retail Extends Investment Program for 2009
April 07, 2009, 11:06, (Property Xpress) - X5 Retail Group N.V., operating food retail chains Pyaterochka, Perekriostok and Karusel, plans to expand its ...   read more
Developer to Focus on 120,000 Sq. m Retail Centers in Romania
April 07, 2009, 10:59, (Property Xpress) - A European development group, active on the Romania real estate market, said it will focus on building retail ...   read more
Bolshaya Lozhka Exspands in Ukraine
April 07, 2009, 10:24, (Property Xpress) - Bolshaya Lozhka supermarket chain, held by Dnipro-based private entity Reardi, plans to open seven stores by ...   read more
USD 75 mln DIY Hypermarket with Water Park to Rise in St. Petersburg
April 07, 2009, 10:22, (Property Xpress) - A local developer will soon receive 7.4-ha lot in St. Petersburg, where it plans to develop a DIY hypermarket ...   read more
Carrefour Opens Store in Timisoara
April 07, 2009, 9:17, (Property Xpress) - French retail chain Carrefour has signed a contract to open a new supermarket in the Timisoara-based Bega ...   read more

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