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IT Firm to Fund Real Estate Projects in Romania
January 15, 2009, 9:29, (Property Xpress) - One of Romania’s IT companies has announced its intention to invest in projects on the local real estate ...   read more
Russia Approves Special Economy Touristic Zone in Stavropol Region
January 15, 2009, 9:29, (Property Xpress) - Russian authorities have approved creation of the seventh special tourism economy zone of called ‘Grand Spa ...   read more
Moscow Sets Deadline for Underground Complex to Sept 30, 2010
January 15, 2009, 8:57, (Property Xpress) - The government of Moscow has decided to fix the deadline for the completion of the multipurpose center under ...   read more
BSGP Says Offer for Fabian Romania Satisfied
January 15, 2009, 8:53, (Property Xpress) - Black Sea Global Properties Limited (BSGP) board said conditions of the offer for the Fabian Romania had been ...   read more
Jan Coffee Break Group to Open New Units in Bulgaria
January 15, 2009, 8:12, (Property Xpress) - Jan Coffee Break Group will open 15 cafes in Bulgaria over the next five years, said Kevork Krikoryan, company ...   read more
Aeroproject Starts Design Works for USD 1.3 bln Airport
January 15, 2009, 8:05, (Property Xpress) - State-owned ‘Aerproject’ will start design work for the USD 1.3 bln airport in Irkutsk, chief engineer of ...   read more
Spar to Open New Supermarkets in Ukraine
January 14, 2009, 15:28, (Property Xpress) - In 2009, Spar Ukraine intends to open 42 supermarkets with a usable space of 21,200 sq. m, as well as to ...   read more
Italian Investor Presents Design of Cement Plant in RS
January 14, 2009, 14:59, (Property Xpress) - Representatives of Italian firm Calme Cementi from Catanzaro have presented the design of a cement plant to ...   read more
Liter to Invest USD 72.5 mln in Logistics Facility in Rostov-on-Don
January 14, 2009, 14:57, (Property Xpress) - Management company Liter plans to invest USD 72.5 mln to develop a 46,000 sq. m A class logistics complex in ...   read more
Developer KIT-Capital Applies for Own Insolvency
January 14, 2009, 14:16, (Property Xpress) - Yekaterinburg-based development company KIT-Capital has filed an application for own insolvency, after its ...   read more
Ukraine to Spend USD 35 mln for Airport Upgrade
January 14, 2009, 13:53, (Property Xpress) - Ukraine will spend USD 35 mln for the upgrade of the international airport at Borispol. Repair work will ...   read more
USD 95 mln Hotel/Business Complex Projected for Khanty-Mansisk
January 14, 2009, 13:10, (Property Xpress) - A hotel and business complex will be developed on a 60,000 sq. m lot on Lenin Street in Khanty-Mansisk by ...   read more
Comnord to Complete Early Residential Project in Bucharest
January 14, 2009, 13:08, (Property Xpress) - Construction and development company Comnord Bucuresti, controlled by the businessman Sorin Crejeanu holding ...   read more
37,000 Sq. m Office Building to Replace Plant in Moscow
January 14, 2009, 12:57, (Property Xpress) - A 37,000 sq. m office building will replace ‘Tushinsky Machine Building Plant’ in north-western part of ...   read more
Gazit-Globe and CPI to Invest in Atrium
January 14, 2009, 12:26, (Property Xpress) - Israeli real estate investment firm Gazit-Globe Ltd noted that it and Citigroup (C.N) unit CPI could invest ...   read more
Strabag Ready to Buy Russian Construction Companies
January 14, 2009, 11:47, (Property Xpress) - Austrian building holding Starbag is ready to buy Russian construction companies, whose prices have slumped in ...   read more
Foundation Stone of Technopolis Store Laid in Sofia, Bulgaria
January 14, 2009, 11:02, (Property Xpress) - The foundation stone of the new commercial center Technopolis-Nadezhda was laid in Sofia today. This will be ...   read more
Officials to Use Credit Tranche for Euro 2012 Hotels Projects in Ukraine
January 14, 2009, 11:00, (Property Xpress) - The Ukrainian government intends to direct part of the second credit tranche, granted by the International ...   read more
USKOK Involved in Privatization of Hotel Makarska in Croatia
January 14, 2009, 10:47, (Property Xpress) - A 24 pct stake has been offered at a public auction of Croatian Privatization Fund, at the initial price of ...   read more
Private Equity Real Estate Firm Reports 70 Pct Aggregate Return in Russia
January 14, 2009, 10:39, (Property Xpress) - An Eastern Europe private equity real estate fund said it has sold two assets near St. Petersburg, Russia, ...   read more
Italian Luxury Brand Fendi Comes Back to Russia
January 14, 2009, 10:30, (Property Xpress) - Italian luxury brand Fendi, will come back to Russia after a break of five years. The brand will be developed ...   read more
EatOut to Open Eight Food Stores in Moscow by 2010
January 14, 2009, 9:42, (Property Xpress) - Russian company EatOut, owned by Stepan Mihalkov, plans to open eight food stores in Moscow by 2010 with an ...   read more
EUR 600 mln Mixed-use Project Planned for Iasi, Romania
January 14, 2009, 9:02, (Property Xpress) - A foreign investor has announced its intention to invest EUR 600 mln in a large-scale mixed-use center with ...   read more
GOST Hotel Management Diversifies Business, Continues Hotel Project
January 14, 2009, 8:21, (Property Xpress) - Russian management company GOST Hotel Management, part of GOST holding, will diversify its business by adding ...   read more
BauMax Rents Space in Conect Business Park in Romania
January 13, 2009, 16:05, (Property Xpress) - BauMax has rented a 1,500 sq. m office space in the Conect Business Park 3 building in the northern part of ...   read more

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