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LSR Group Switches to Profit in H1’2014
August 28, 2014, 12:54, (Property Xpress) - For the first half of 2014, real estate developer LSR Group posted a 55 pct increase in revenue to RUB 32.4 ...   read more
Vulcan Value Center to Open in September
August 28, 2014, 12:43, (Property Xpress) - Investment fund New Europe Property Investments (NEPI) will open its Vulcan Value Center shopping center in ...   read more
Kronospan Plans New Plant Project in Russia
August 28, 2014, 12:21, (Property Xpress) - Austrian company Kronospan, one of the largest players in the wood processing market, plans to invest RUB 6.5 ...   read more
Sibenik Gives Green Light for EUR 1.5 Bln Project
August 28, 2014, 12:03, (Property Xpress) - Sibenik City Council on Wednesday made a decision on developing a detailed land use plan for the 30.5 ha Mala ...   read more
Olimp Auto Main Owner to Exit St. Petersburg Business
August 28, 2014, 11:23, (Property Xpress) - The main owner of Olimp Auto group of companies, Evgeny Voytenkov, has started active negotiations to sell ...   read more
New Office Building Planned in Romania
August 28, 2014, 10:51, (Property Xpress) - A Romanian company is preparing to develop an office building in place of its existing retail facility in the ...   read more
Grand Company Purchases St. Petersburg Property for RUB 250 mln
August 28, 2014, 10:09, (Property Xpress) - In early August, OOO Grand acquired an 18,622 sq. m property complex at Umansky Lane in St. Petersburg, which ...   read more
HRK 200 mln Hotel Construction Project under Preparation in Croatia
August 28, 2014, 9:38, (Property Xpress) - A HRK 200 mln investment in building a five star accommodation facility in Croatia will soon enter the permit ...   read more
Moscow to Auction Stake in Ilinskoe Podvorye
August 28, 2014, 8:18, (Property Xpress) - The City of Moscow has scheduled an auction for October 20 to sell a stake in OAO Ilinskoe Podvorye, which in ...   read more
Adriatic Marinas Opens Regent Hotel and Residences Porto Montenegro
August 28, 2014, 8:03, (Property Xpress) - Adriatic Marinas, the holding company and developer of Porto Montenegro nautical resort, has officially opened ...   read more
Serbian Mixed-use Project to Break Ground in 2015
August 27, 2014, 16:32, (Property Xpress) - Construction of a multifunctional residential, shopping and hotel project is scheduled to start in the first ...   read more
Agropolis Severo-Zapad to Implement RUB 15 Bln Project in St. Petersburg
August 27, 2014, 15:54, (Property Xpress) - OOO Agropolis Severo-Zapad will invest RUB 15.2 bln in building a logistics center for agricultural products ...   read more
Qatari Diar Suspends Work on EUR 350 mln Resort in Montenegro
August 27, 2014, 15:27, (Property Xpress) - Qatari Diar has suspended work on its EUR 350 mln ‘Beyond Horizon’ exclusive tourist resort in the Bay of ...   read more
Underground Parking Planned for Rasskazovka TPU
August 27, 2014, 14:44, (Property Xpress) - Underground parking for 1,100 vehicles will be built within Rasskazovka transport interchange unit (TPU), ...   read more
New Hotel Planned for Bucharest
August 27, 2014, 14:29, (Property Xpress) - A new accommodation facility is planned to be developed in the Romanian capital. The hotel will replace the ...   read more
Moscow Allocates Land for 270,000 Sq. m Mixed-use Scheme
August 27, 2014, 12:58, (Property Xpress) - A land plot in the Northwestern Federal District has been allocated for construction of a business center and ...   read more
56,000 Sq. m Residential Compound to Appear in Odessa
August 27, 2014, 12:48, (Property Xpress) - A residential complex will be built on the site of the oldest brewery in Odessa, after the city council gave ...   read more
Starwood Hotels & Resorts Secures New Russia Opening
August 27, 2014, 12:19, (Property Xpress) - Ufa developer Granelle Nedvizhimost, part of Granelle group of companies, and global hotel operator Starwood ...   read more
12,000 Sq. m GLA Office Building up for Sale in Bucharest
August 27, 2014, 11:55, (Property Xpress) - An office building in the city center of the Romanian capital has been put for sale at a starting price of EUR ...   read more
VTB Bank Lends RUB 500 mln for St. Petersburg Mixed-use Project
August 27, 2014, 11:06, (Property Xpress) - The Northwest Regional Center of VTB Bank has opened a RUB 500 mln seven-year non-revolving credit line to OOO ...   read more
LPP Group to Expand into Western Balkans
August 27, 2014, 10:36, (Property Xpress) - Poland’s fashion retailer LPP Group is expanding into the Balkan countries of Serbia, Croatia, Slovenia and ...   read more
Rose Group First-Half Revenue Jumps 13-Fold to USD 140 mln
August 27, 2014, 10:04, (Property Xpress) - Moscow-based real estate developer Rose Group (formerly RGI International) said its first half revenue rose ...   read more
Mercator Posts EUR 1.3 Bln in Sales Revenue for H1’2014
August 27, 2014, 9:08, (Property Xpress) - Retail chain Mercator posted sales revenue of EUR 1.3 bln for the first half of 2014, a 4.2 pct decrease over ...   read more
USD 150 Mln Deal Signed for Two Russian Real Estate Assets
August 27, 2014, 8:40, (Property Xpress) - A real estate development and investment company has acquired two centrally located Moscow properties in a ...   read more
Arricano Real Estate to Consolidate 100 Pct Stake in Sky Mall
August 27, 2014, 8:28, (Property Xpress) - Ukrainian property developer Arricano Real Estate has announced that the London Court of International ...   read more

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