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Court Announces Grossmart’s Manager Insolvent
April 10, 2009, 8:43, (Property Xpress) - The Moscow court of arbitration has declared Elexcor bankrupt, the management company of Grossmart retail ...   read more
Toplice Sveti Martin to Open High-Class Hotel in Croatia
April 10, 2009, 8:35, (Property Xpress) - Toplice Sveti Martin will open the 151-room four star class Spa Golfer Hotel in Croatia in June. The hotel ...   read more
Nobu Restaurants Opens in Moscow
April 10, 2009, 8:20, (Property Xpress) - A local developer helped Nobu Restaurants to open its first Russian unit in Moscow, and will continue ...   read more
Market Players Say Gazprom Can Take Control of Moscow City
April 10, 2009, 8:03, (Property Xpress) - About 40 pct stake in OAO City, managing the Moscow International Business Center, informally referred to as ...   read more
Developer Continues Preparation for 85-m Business Tower in Albania
April 10, 2009, 8:01, (Property Xpress) - A Turkish developer said it will continue with preparation work for construction of an 85-meter high business ...   read more
Hilton to Operatе Two Hotels in Lviv, Ukraine
April 10, 2009, 7:48, (Property Xpress) - International chain Hilton Hotels Corporation is considering the opportunity to operate two hotels in Lviv ...   read more
Defense Ministry to Tender Property in Sofia, Bulgaria
April 09, 2009, 15:15, (Property Xpress) - The Bulgarian Defense Ministry is close to selling an attractive property in the prime zone of Sofia, known as ...   read more
Ginza Project to Open 1,050 Sq. m Restaurant in St. Petersburg
April 09, 2009, 14:53, (Property Xpress) - Ginza Project has signed a preliminary agreement with OOO Galaxy to open a 1,050 sq. m restaurant in the ...   read more
Ukrainian Developer Reduces Activity to One Project
April 09, 2009, 14:50, (Property Xpress) - A Ukrainian developer decided to stop all its projects and to focus on only one of them in the city of ...   read more
NEPI Gets Approval for Secondary Listing
April 09, 2009, 14:22, (Property Xpress) - Isle of Man-registered New Europe Property Investments Plc (NEPI), currently listed on the AIM Market of the ...   read more
70,000 Sq. m Mall to Open in Belgorod in December
April 09, 2009, 14:08, (Property Xpress) - Developer Yuzhny Port plans to put the 70,000 sq. m City Mall Belgorodsky in operation on December 1 in the ...   read more
WB Lends USD 400 mln to Ukraine for Road Development
April 09, 2009, 14:07, (Property Xpress) - The World Bank will issue a USD 400 mln credit to Ukraine for 30 years with a five-year grace period for road ...   read more
Mall Pleven to Open in 2010
April 09, 2009, 13:23, (Property Xpress) - The over 47,000 sq. m Mall Pleven, in the place of the former tobacco plant in the northern Bulgarian city of ...   read more
Euroset to Open 86 Units by July
April 09, 2009, 13:21, (Property Xpress) - Russian largest mobile retailer Euroset plans to open 86 new units in the next three months, aiming to ...   read more
Resort for 10,000 Planned for Karachai-Circassian Republic
April 09, 2009, 12:57, (Property Xpress) - Arkhyz-Sinara, part of Sinara group, presented its resort project for 10,000 tourist to the government of the ...   read more
EUR 50 mln Hotel Construction to Start in Montenegro
April 09, 2009, 12:05, (Property Xpress) - Construction work on a five star hotel complex in Montenegro, requiring a EUR 50 mln investment is expected to ...   read more
X5 Retail to Open Karusel Hypermarket in Rostov-on-Don this Autumn
April 09, 2009, 11:58, (Property Xpress) - X5 Retail Group N.V., operating food retail chains Pyaterochka, Perekriostok and Karusel, will open a 9,000 ...   read more
Porto Montenegro Project Abide by the Schedule
April 09, 2009, 10:55, (Property Xpress) - Oliver Corlette, Executive Director of the Adriatic Marinas company, noted that carrying out the elite Porto ...   read more
CEE Developer Withdraws USD 500 mln Russian Program
April 09, 2009, 10:17, (Property Xpress) - A big property developer active in Central and Eastern Europe, which earlier pledged to invest about USD 500 ...   read more
Starbucks Ready to Arrive in Ukraine
April 09, 2009, 10:14, (Property Xpress) - U.S. café chain Starbucks, is considering entering the Ukrainian market, Vice President of Starbucks for the ...   read more
Nomos-bank Claims for Insolvency of Arbat Prestige
April 09, 2009, 10:10, (Property Xpress) - Nomos-bank has filed a claim to the Moscow Court of Arbitration to declare Capital Estate, manager of retailer ...   read more
Orascom Eyes Ukrainian Market
April 09, 2009, 9:02, (Property Xpress) - Switzerland-registered Orascom Development Holding AG, owned by Egyptian billionaire Samih Sawiris, is ...   read more
Seven Budget Villages to Circle Moscow
April 09, 2009, 9:02, (Property Xpress) - Local developer Finance and Realty plans to market seven economy class villages around Moscow. According to ...   read more
Mega Business Complex Postponed in Stara Zagora, Bulgaria
April 09, 2009, 8:23, (Property Xpress) - Construction work on a large scale business complex in the central Bulgarian city of Stara Zagora has been ...   read more
Austrians to Add Spa&Wellness to Mercury City
April 09, 2009, 8:20, (Property Xpress) - Mercury City tower, based in the international business center Moscow-City in the Russian capital, has ...   read more

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