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Five-Star Intercontinental Hotel to Be Built on Restaurant Site in Sofia
December 18, 2008, 8:19, (Property Xpress) - A 27-story five star class Intercontinental Hotel will be built on the site of the former Ropotamo restaurant ...   read more
Big Investment Projects in Novosibirsk Postponed by Six Months
December 18, 2008, 8:18, (Property Xpress) - A number of big real estate investment projects in Novosibirsk will be frozen for at least six months, Mayor ...   read more
Slovenian Mercator to Anchor Shopping Mall in Rousse, Bulgaria
December 17, 2008, 15:40, (Property Xpress) - Slovenian retail chain Mercator will open a supermarket in the Bulgarian Danube River port city of Rousse, in ...   read more
Metro Open Retail Centers in Novokuznetsk and Kursk
December 17, 2008, 15:31, (Property Xpress) - The Russian arm of German retailer Metro Cash & Carry will open retail centers in Novokuznetsk and Kursk on ...   read more
Selling Deal with Igalo Institute Remains Unclear in Montenegro
December 17, 2008, 14:57, (Property Xpress) - The negotiations on selling the Igalo Institute to the company of Filip Zepter could end unsuccessfully, if ...   read more
Novaport Creates Subsidiary for Airport Commercial Property
December 17, 2008, 14:56, (Property Xpress) - Novaport, part of AEON Corporation, has registered a subsidiary called ‘Ervill’ to develop commercial real ...   read more
Pevec to Open First Store in Serbia
December 17, 2008, 14:33, (Property Xpress) - Croatian retail chain Pevec will open its first retail entity in Serbia tomorrow, following a EUR 40 mln ...   read more
FIM Group to Open B+ Class Business Center in Kiev
December 17, 2008, 13:51, (Property Xpress) - Kiev-based FIM Group intends to put the four-story B plus class business center ‘FIM Center’ into ...   read more
Austrian Companies Quit EUR 1.5 bln Highway Deal in Serbia
December 17, 2008, 13:40, (Property Xpress) - Austria's construction companies Alpine Bau GmbH and Porr AG said they have exited the EUR 1.5 bln highway ...   read more
Magna to Put into Operation St. Petersburg Facilities by 2011
December 17, 2008, 13:36, (Property Xpress) - Automotive spare parts supplier Magna has signed a letter of intention to put its production facilities in the ...   read more
Gazprom to Develop Five Sports Complexes in St. Petersburg
December 17, 2008, 12:37, (Property Xpress) - ‘Mezhregiongaz’, a subsidiary of ‘Gazprom’, plans to develop five sports complexes in St. Petersburg, ...   read more
Maetok Group Opens Cottage Town near Kiev
December 17, 2008, 12:23, (Property Xpress) - Ukrainian Maetok Group has put into operation its first cottage town, called ‘Maetok Italy’ formed from ...   read more
IKEA Eyes Southern Serbia
December 17, 2008, 12:01, (Property Xpress) - Slobodan Milosavljevic, Serbian Minister of Commerce and Services, today said he has expectations that Swedish ...   read more
Magnit to Vote on USD 410 Mln Loans
December 17, 2008, 11:58, (Property Xpress) - Shareholders of Russian retail chain ‘Magnit’ will vote on approval of about USD 410 mln loans at an ...   read more
Avrig 35 Opens Third Phase of Shopping Center in Romania
December 17, 2008, 11:31, (Property Xpress) - Avrig 35 has recently opened the third phase of the 7,000 sq. m Galeria Iris Shopping Center. The next phase ...   read more
Novosibirsk to Relocate Objects Off Planned Technopark
December 17, 2008, 10:59, (Property Xpress) - Some of the objects in the future techno park on the Academy Town land will be probably built on different ...   read more
Obolon to Develop Elite Mixed-use Complex in Kiev
December 17, 2008, 10:53, (Property Xpress) - This year, Ukrainian firm Obolon invested around EUR 15 mln in construction of 42,300 sq. m apartments in ...   read more
Mall Complex Planned for Kyustendil, Bulgaria
December 17, 2008, 10:27, (Property Xpress) - A new shopping and entertainment center will be developed in Western Bulgaria’s city of Kyustendil. The ...   read more
Sberbank Takes USD 450 mln Assets of Developer
December 17, 2008, 10:27, (Property Xpress) - Russian bank Sberbank has become owner of 250,000 sq. m retail space, estimated at USD 450 mln. They were used ...   read more
Sonae Sierra in Talks on Property Acquisitions in Romania
December 17, 2008, 9:37, (Property Xpress) - Portuguese developer and shopping mall operator Sonae Sierra, owner of River Plaza Mall in Ramnicu Valcea, ...   read more
11,000 Sq. m retail Center to Open in Q1 2009 in Moscow
December 17, 2008, 9:36, (Property Xpress) - An 11,000 sq. m retail center, called ‘Uley’ will open in the first quarter of 2009 in Otradnoe area in ...   read more
PrivatBank Acquires Focus Chain in Ukraine
December 17, 2008, 8:48, (Property Xpress) - PrivatBank has bought 150 stores operated by the Focus chain, Ukraine’s largest franchise network of Kodak. ...   read more
USD 80 mln Residential Complex Planned for St. Petersburg
December 17, 2008, 8:42, (Property Xpress) - A new residential complex will be developed on 1.5 ha in the northern part of St. Petersburg by the end of ...   read more
Real4YOU Immobilien to Develop Retail Park in Yambol, Bulgaria
December 17, 2008, 8:17, (Property Xpress) - Austrian ‘Real4YOU Immobilien’ GmbH is investor and the owner of the retail park Family Center Yambol, to ...   read more
Rewe Group to Open Selgros Cash&Carry in Russia
December 17, 2008, 8:15, (Property Xpress) - German Rewe Group, known in Russia for its Billa supermarkets, plans to open its first Selgros cash&carry unit ...   read more

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