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LSR Arm Sells Business Center Building in St. Petersburg
February 20, 2009, 9:54, (Property Xpress) - Russian construction corporation ‘Renaissance of St. Petersburg’, part of LSR group, says it has sold one ...   read more
Regnum Presents EUR 1.3 bln Resort Project
February 20, 2009, 9:16, (Property Xpress) - Russian investment company Regnum has presented a new resort project on the Black Sea coast of Russia’s ...   read more
Proges Announces New Stores in Romania and Moldova
February 20, 2009, 9:12, (Property Xpress) - Romanian importer and distributor of interior materials Proges, has allocated around EUR three mln to a ...   read more
Konverk Cinema Buys Two Units in Novosibirsk
February 20, 2009, 8:53, (Property Xpress) - St. Petersburg-based cinema chain Konverk Cinema said it has bought two units in the shopping and ...   read more
DEOL Parthners to Attract Partner for Mall Project in Ukraine
February 20, 2009, 8:22, (Property Xpress) - Developer and investment firm DEOL Partners has announced its intention to attract a strategic partner for the ...   read more
Wyndham to Develop New Hotels in Ukraine
February 19, 2009, 16:25, (Property Xpress) - Wyndham Hotel Group has announced intentions to open 15 Ramada Encore hotels. The franchise holder, Ukrainian ...   read more
Prioritet Center to Invest USD 35 mln in Hotel Development
February 19, 2009, 16:06, (Property Xpress) - Russian company Prioritet Center plans to invest over USD 35 mln in development of a three or four star class ...   read more
Sibir Shares Trading Suspended, Tripling Chigirinski Debt to USD 325 mln
February 19, 2009, 15:28, (Property Xpress) - Russian oil company Sibir Energy said the quotation of its ordinary shares on the London Stock Exchange has ...   read more
Update: IKEA Interested in Plot for Shopping Center in Belgrade, Serbia
February 19, 2009, 15:06, (Property Xpress) - Swedish firm IKEA, the world largest furniture retail chain, is seeking a 35 to 40 ha plot on the highway ...   read more
Art Properties Signs with Three Anchors for Vegas Mall
February 19, 2009, 15:06, (Property Xpress) - Russian retail property consultant Art Properties has signed three contracts for anchor tenants in the Vegas ...   read more
Business Center on Sale in Kiev, Ukraine
February 19, 2009, 14:09, (Property Xpress) - One of the developer firms, based in Kiev, has announced it is considering the sale of the 8,000 sq. m. ...   read more
Construction Work on Altai Valley to Start in H2 2009
February 19, 2009, 14:07, (Property Xpress) - Construction work on the special ‘Altai Valley’ economy zone that will spread on 855 ha on the right bank ...   read more
EUR One Billion Fund Targeted on Russia and CIS
February 19, 2009, 13:24, (Property Xpress) - A newly established private equity fund with a start-up capital of EUR one bln, which could more than double ...   read more
EUR One Billion Fund Targeted on Russia and CIS
February 19, 2009, 13:24, (Property Xpress) - A newly established private equity fund with a start-up capital of EUR one bln, which could more than double ...   read more
Real Estate Projects Put on Hold in Bucharest
February 19, 2009, 12:55, (Property Xpress) - Octavian Radu, founder of RTC Group, announced he will postpone real estate projects in Bucharest. However the ...   read more
ISD Reconstructs War Museum into Hotel in Sevastopol, Ukraine
February 19, 2009, 12:53, (Property Xpress) - Industrial Soyuz Donbass (ISD), controlled by businessman Sergey Tarut, intends to complete the Museum of the ...   read more
Kopeyka Makes USD 44 mln Bond Payment
February 19, 2009, 12:37, (Property Xpress) - Russian retail house Kopeyka, one of the biggest retailers on the local market, said it has bought 1.382 ...   read more
Austrian Group to Develop EUR 60 mln Tourist Complex in Covasna, Romania
February 19, 2009, 11:19, (Property Xpress) - A group of Austrian businessmen intend to build a mixed-use complex in the Covasna district, Romania that will ...   read more
Sberbank Opens USD 35 mln Credit Line for Mixed-use Scheme
February 19, 2009, 11:03, (Property Xpress) - Russian savings bank Sberbank in a statement said it has opened a non-renewable five-year credit line worth ...   read more
Investors Renegotiate Conditions on Grand Plaza Project in Bulgaria
February 19, 2009, 9:44, (Property Xpress) - Investors in the Grand Plaza project, the biggest sports and entertainment complex in the Rousse district, ...   read more
Retail Chain Polushka to Double Space in 2009
February 19, 2009, 9:44, (Property Xpress) - St. Petetersburg retail chain Polushka, which currently operates a network of 56 stores with average area of ...   read more
City’s Oldest Hotel Put on Sale in Sevastopol, Ukraine
February 19, 2009, 8:59, (Property Xpress) - Sevastopol City Council has decided to sell the Sevastopol Hotel, the oldest accommodation facility in the ...   read more
8-Hall Cinema Opens in Krasnodar
February 19, 2009, 8:57, (Property Xpress) - An eight-hall cinema ‘Kinomax’ has opened in the shopping and entertainment center ‘Gallery Krasnodar’ ...   read more
Deripaska Can Sell Stake in Strabag
February 19, 2009, 8:37, (Property Xpress) - Russian billionaire and chairman of Basic Element, Oleg Deripaska, will probably sell his 25 pct plus one ...   read more
Cosmote to Rent Office Space in Iride Business Park in Bucharest
February 19, 2009, 8:22, (Property Xpress) - Mobile phone operator Cosmote has rented a 1,800 sq. m office space in Iride Business Park in the Pipera ...   read more

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