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Megapolis Signs Management Contract for Five Star Hotel in Sochi
October 24, 2008, 7:52, (Property Xpress) - Russian OOO Group Magapolis has signed a 30-year management contract with one of the world’s biggest hotel ...   read more
Russian North-Caucasia Railways to Spend USD 926 mln for Development in 2009
October 24, 2008, 7:41, (Property Xpress) - Russian North-Caucasia Railways, part of Russian Railways, said it plans to invest some USD 926 mln during the ...   read more
Officials to Appoint Foreign Contractors for Euro 2012 in Lviv
October 24, 2008, 7:40, (Property Xpress) - Lviv City Council has been negotiating with Italian construction firm Codest and Spanish Horwath Art ...   read more
Planet Tus Opens in Kranj, Slovenia
October 24, 2008, 7:16, (Property Xpress) - Tus, the third largest Slovenian retailer has opened ‘Planet Tus’ in Kranj, Slovenia, the fourth unit of ...   read more
Metro Develop EUR 20 mln Retail Center in Magnitogorsk
October 24, 2008, 7:00, (Property Xpress) - Metro Cash & Carry plans to open a EUR 20 mln retail center in Magnitogorsk, Chelyabinsk region, local ...   read more
M.Video Opens Second Hypermarket in Volgograd
October 23, 2008, 15:11, (Property Xpress) - Russian electronics and household appliances chain M. Video said it has opened its second hypermarket in ...   read more
New Mixed-use Complex for Sofia
October 23, 2008, 15:10, (Property Xpress) - A mixed-use development, currently in the preparation work phase, will be implemented in the Bulgarian ...   read more
Spanish Investment Fund Acquires Office Property in Romania
October 23, 2008, 14:54, (Property Xpress) - A Spanish investment fund that earlier pledged to spend over EUR 180 mln for income producing properties in ...   read more
St. Petersburg to Buy Residential Property for USD 330 mln to Support Developers
October 23, 2008, 13:54, (Property Xpress) - St. Petersburg authorities will allocate USD 330 mln in 2009 to buy a residential property for its own needs, ...   read more
Construction Work on Built to Suit Distribution Center for Adidas Starts in Ukraine
October 23, 2008, 13:23, (Property Xpress) - Construction work on the Adidas distribution center in Ukraine has started. Project developer is the JV ...   read more
Kostroma Approves Development of USD 53 mln Mall
October 23, 2008, 12:52, (Property Xpress) - Investment board of the Governor of Kostroma region has approved development of a USD 53 mln shopping and ...   read more
German OBI Opens First Store in Ukraine
October 23, 2008, 12:50, (Property Xpress) - German DIY chain OBI has launched its first store in Ukraine. The outlet in Kharkov is located on Heroes of ...   read more
Finnish Investor to Spend EUR 115 mln for Business Center in St. Petersburg
October 23, 2008, 12:01, (Property Xpress) - A Finnish investor said it plans to complete a 76,000 sq. m business center by April 2009 in St. Petersburg, ...   read more
New Europe Real Estate Investments to Spend EUR 15 mln for Industrial Park
October 23, 2008, 11:55, (Property Xpress) - New Europe Real Estate Investments will invest at least EUR 15 mln in an industrial and logistics project on ...   read more
Sistema-Hals to Launch Residential Complex in Moscow by end-2008
October 23, 2008, 11:47, (Property Xpress) - Sistema-Hals, one of the biggest real estate companies in Russia and CIS, said it will fully complete its ...   read more
Bulgarian Technomarket Enters Slovenia
October 23, 2008, 11:22, (Property Xpress) - Bulgarian e retail chain Technomarket has entered the Slovenian market by opening a store in Slovenska ...   read more
Seven Hotels to Open in Yaroslavl by Its Millennium Ceremony
October 23, 2008, 11:17, (Property Xpress) - The Russian city of Yaroslavl will celebrate its millennium in 2010 and has announced seven new hotels with ...   read more
Sberbank to Support Management School Development with USD 245 mln Loan
October 23, 2008, 10:47, (Property Xpress) - Russia’s savings bank Sberbank has announced signing an agreement to open a ten-year USD 245 credit line for ...   read more
EUR 50 mln Shopping Center Planned for Varazdin, Croatia
October 23, 2008, 10:22, (Property Xpress) - A new shopping and entertainment center is planned to be built in Varazdin, Croatia. The design was presented ...   read more
Cisco Systems Rents 642 sq. m in St. Petersburg
October 23, 2008, 9:35, (Property Xpress) - Cisco Systems has signed a rental agreement for 642 sq. m in the St. Petersburg business center ‘Arena ...   read more
Austrian Company to Invest EUR 100 mln Industrial Facility in Romania
October 23, 2008, 9:34, (Property Xpress) - An Austrian company will invest EUR 100 mln in construction of two halls in the town of Santana, Romania, Arad ...   read more
USD 67 mln Ice Palace to Open in Togliatti
October 23, 2008, 8:51, (Property Xpress) - A USD 67 mln ice sports complex for 6,000 visitors will open in the Russian industrial city of Togliatti, in ...   read more
Construction Start on Third Phase of Tampa Gardens in Brasov, Romania
October 23, 2008, 8:34, (Property Xpress) - The third phase of the Tampa Gardens project has started developed by Kronvest company in Brasov, Romania. Dan ...   read more
SU-155 to Invest USD 780 mln in Low-rise Development in St. Petersburg Region
October 23, 2008, 8:24, (Property Xpress) - Russian group of companies SU-155 said it will invest USD 780 mln in low-rise development in the St. ...   read more
AFI Europe to Complete Office Center in Arad, Romania
October 23, 2008, 8:03, (Property Xpress) - Developer firm AFI Europe, a member of Africa Israel Group, announced it will complete construction work on ...   read more

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