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Oslo Marine to Spend EUR 400 mln in Forestry Project by 2012
December 02, 2008, 15:54, (Property Xpress) - ‘Oslo Marine’ group plans to invest EUR 400 mln in a timber-processing project in the St. Petersburg ...   read more
Pizza Hut Stops Expansion to Await Rental Prices Drop in Romania
December 02, 2008, 15:07, (Property Xpress) - The American Restaurant System company, holding the Pizza Hut franchise in Romania, intends to expand when ...   read more
Elite Residential Complex to Open in Moscow by 2011
December 02, 2008, 15:01, (Property Xpress) - A new elite class residential complex with 214 apartments of 60 to 300 sq. m will be raised in Moscow by 2011, ...   read more
Hilton Signs Hotel Franchise Contract in Romania
December 02, 2008, 13:55, (Property Xpress) - Hilton hotel chain will affiliate its second Romanian hotel in Sibiu and is present in Romania via the hotel ...   read more
Greek Residential Property Developer to Enter Bulgaria and Montenegro
December 02, 2008, 13:35, (Property Xpress) - A Greek developer currently operating on the Romanian residential market, intends to enter Bulgaria and ...   read more
Moscow Authorities Seek Manager for USD 500 mln Hotels
December 02, 2008, 13:35, (Property Xpress) - The Moscow authorities plan to create a joint venture with an international hotel operator or with Intourist, ...   read more
Intercontinental Kiev to Open by Year End
December 02, 2008, 12:58, (Property Xpress) - Five-star hotel ‘Intercontinental Kiev’ will open in the Ukrainian capital by the end of this year. ...   read more
OPK Development Continues Work on 470 Ha Deluxe Village Near Moscow
December 02, 2008, 12:47, (Property Xpress) - OPK Development, part of United Industrial Corporation (OPK), is continuing work on its deluxe class ...   read more
MCP Sets Up USD 500 mln Russian Real Estate Investment Fund
December 02, 2008, 11:30, (Property Xpress) - Management company Marshall Capital Partners (MCP) has created a USD 500 mln fund called ‘Marshall Real ...   read more
Impact to Start Second Stage of Greenfield Project in 2009
December 02, 2008, 11:29, (Property Xpress) - Romanian company Impact Developer & Contractor plans to start developing the second phase of the 'Greenfield' ...   read more
Dominion-Yug to Carry Out USD 1.1 bln Reconstruction in Krasnodar
December 02, 2008, 10:55, (Property Xpress) - Development company Dominion-Yug, affiliated with Oleg Deripaska’s Basic Element, has signed a USD 1.1 bln ...   read more
LSR Delays Commercial Projects in Russia
December 02, 2008, 10:30, (Property Xpress) - Moscow-listed LSR Group has put off the launch of its new commercial property projects due to the world ...   read more
Building Permit Granted for Office Building in Plovdiv, Bulgaria
December 02, 2008, 9:59, (Property Xpress) - A building permit has been granted for the first building, part of a EUR 65 mln business park in Plovdiv, ...   read more
Mega Image To Open Stores in Bucharest
December 02, 2008, 9:48, (Property Xpress) - Supermarket chain Mega Image will focus on expansion into Bucharest County, where it intends to open eight new ...   read more
Vester Opens Second Hypermarket in Kazakhstan
December 02, 2008, 9:47, (Property Xpress) - Russian retail chain Vester has opened its second hypermarket in Kazakhstan, following an investment of USD ...   read more
Metro Opens EUR 20 mln Retail Center in Kaluga
December 02, 2008, 8:41, (Property Xpress) - Metro Cash & Carry has opened a retail center in Kaluga, following an investment of EUR 20 mln, sales manager ...   read more
Carrefour Starts Construction of EUR 50 Mln Mall in Bulgaria
December 02, 2008, 8:38, (Property Xpress) - Carrefour has started construction works on its City Mall Carrefour project in Stara Zagora, Bulgaria. The ...   read more
City Building Plan Ready for Gateway Project in St. Petersburg
December 02, 2008, 8:18, (Property Xpress) - Storm Property, part of PIK Group, has successfully coordinated and received city building plan for its ...   read more
Retail Center Opens in Pleven after EUR 9.0 mln Reconstruction
December 02, 2008, 8:16, (Property Xpress) - A bank office was transformed to a into a five-story shopping and entertainment complex of around 11,000 sq. ...   read more
DUPD Shortens Investments in Ukrainian Projects
December 01, 2008, 16:26, (Property Xpress) - Investment fund Dragon-Ukrainian Properties & Development (DUPD), established by Kiev-based Dragon Capital, ...   read more
Sistema-Hals Converts USD 700 mln Credits into Roubles
December 01, 2008, 16:05, (Property Xpress) - Russian real estate company Sistema-Hals, today announced changes to the terms of its credit agreements with ...   read more
TriGranit to Sell 25 Pct Stake in Arena Center in Zagreb, Croatia
December 01, 2008, 15:49, (Property Xpress) - TriGranit will sell a 25 pct stake in the Arena shopping center in Zagreb, Croatia, currently under ...   read more
Eks Group Opens 75,000 sq. m Mall in Ufa
December 01, 2008, 15:34, (Property Xpress) - Russian group of companies ‘Eks’ has opened a 75,000 sq. m shopping and entertainment center in Ufa. The ...   read more
Delta City Planned for Nis, Serbia
December 01, 2008, 15:00, (Property Xpress) - Mayor of Nis, Serbia, Milos Simonovic, said he expects participation of Delta Holding in building ‘Delta ...   read more
RDI Group Places 29,000 Ha for Sale with Up to 50 Pct Discount
December 01, 2008, 14:58, (Property Xpress) - Investment and development company RDI Group with 29,000 ha in prestigious areas in the Moscow region, is ...   read more

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