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Russian Billionaire to Pour USD 600 mln in Real Estate
August 19, 2014, 12:17, (Property Xpress) - A Russian billionaire has unveiled plans to invest USD 600 mln in land and real estate projects in the country ...   read more
Cocor Reports Rental Income of RON 4.0 mln for H1’2014
August 19, 2014, 11:52, (Property Xpress) - Bucharest-based Cocor (COCR), managing a department store of the same name in the Romanian capital, posted ...   read more
Land Plot in St. Petersburg Historic Center up for Sale
August 19, 2014, 10:32, (Property Xpress) - A 1,350 sq. m land area at 32, Robespierre Embankment in the historic center of St Petersburg will be ...   read more
Three Shopping Centers to Open in Kiev by End’2014
August 19, 2014, 9:50, (Property Xpress) - Three shopping centers, with a total rentable area of 54,200 sq. m, are expected to open in Kiev by the end of ...   read more
Nemak to Open Russian Plant in 2015
August 19, 2014, 9:16, (Property Xpress) - Nemak, part of Mexico’s Alfa conglomerate, will open a RUB 2.2 bln plant for production of automotive ...   read more
Apartment Building Project Obtains Urban Permit in Montenegro
August 19, 2014, 8:48, (Property Xpress) - Montenegro’s Ministry of Sustainable Development and Tourism has issued urban-technical conditions (urban ...   read more
Hilton Podgorica First Phase to Open in 2014
August 19, 2014, 7:58, (Property Xpress) - The first phase of the five-star Hilton Podgorica - Montenegro, including 57 rooms, will open by the end of ...   read more
AFI Development Reduces Net Profit in H1’2014
August 19, 2014, 7:57, (Property Xpress) - AFI Development, the Russian development arm of Africa-Israel Investments, reduced its net profit by 11.7 ...   read more
Raiffeisenbank Opens RUB 1.5 Bln Credit Line to Developer
August 18, 2014, 16:29, (Property Xpress) - Raiffeisenbank’s regional center ‘Central’ has entered into a RUB 1.5 bln three-year credit agreement ...   read more
VTB to Consolidate 100 Pct Stake in Hals-Development
August 18, 2014, 16:10, (Property Xpress) - The Bank of Moscow, controlled by VTB, has closed a deal to buy 42.27 pct of the shares of Hals-Development, ...   read more
Retailers at AFI Palace Cotroceni See 3.0 Pct Decrease in Sales in H1’2014
August 18, 2014, 15:54, (Property Xpress) - Retailers at AFI Palace Cotroceni shopping center recorded a 3.1 pct decrease in sales in the first half of ...   read more
Update: Moscow Allocates Land for Rosneft Headquarters
August 18, 2014, 15:24, (Property Xpress) - Earlier this year, the City of Moscow allocated a 5.0 ha land plot at 12-14A, Kutuzovsky Prospect to OAO NK ...   read more
Croatian Hotel to Undergo EUR 10 mln Renovation
August 18, 2014, 14:37, (Property Xpress) - A four-star hotel in Croatia will undergo a EUR 10 mln upgrade and expansion project after this year’s ...   read more
Russian Defense Ministry Starts Moscow Logistics Project
August 18, 2014, 12:57, (Property Xpress) - The Russian Defense Ministry has launched a logistics project in the Moscow suburbs on the basis of ...   read more
Update: CA Immo’s Four Bucharest Office Properties Valued at EUR 250 mln
August 18, 2014, 12:50, (Property Xpress) - The four Bucharest office assets in the portfolio of the Austrian investment fund CA Immo, with an aggregate ...   read more
STK Group to Build Gambling Resort in Yantarnaya Zone
August 18, 2014, 12:27, (Property Xpress) - Moscow-based STK group of companies has won a tender for the right to lease 99.5 ha of land in Yantarnaya ...   read more
Emmezeta to Open Second Zagreb Store
August 18, 2014, 12:09, (Property Xpress) - Emmezeta chain of furniture, home appliance and electronics stores will open tomorrow its second shopping ...   read more
Magnit to Build RUB 1.0 Bln Regional Distribution Center
August 18, 2014, 10:45, (Property Xpress) - Magnit, Russia’s largest retail chain by number of stores, intends to begin construction of a RUB 1.0 bln ...   read more
Prodplast Imobiliare to Raise Finance for Bucharest Shopping Center
August 18, 2014, 10:28, (Property Xpress) - Prodplast Imobiliare, controlled by businessman Florin Pogonaru and SIF Oltenia, has approved the launch of a ...   read more
250,000 Sq. m Hotel and Business Center to Appear near Moscow-City
August 18, 2014, 9:43, (Property Xpress) - A 250,000 sq. m hotel and business center will be built in place of the old flour mill near MIBC Moscow-City, ...   read more
Siemens Invests EUR 4.5 mln in Romanian IT Center
August 18, 2014, 9:15, (Property Xpress) - Siemens has agreed to invest EUR 4.5 mln in a new research and development center in Romania. The center, ...   read more
52,000 Sq. m Business Park Project to Break Ground in Moscow
August 18, 2014, 8:20, (Property Xpress) - A major real estate project, involving construction of a business park, will be implemented in New Moscow by ...   read more
Update: Kempinski Hotel Sofia to Change Owners
August 18, 2014, 7:26, (Property Xpress) - The five-star Kempinski Zografski Hotel in Sofia will soon have a new owner. There are three candidates for ...   read more
A Plus Development to Build 20,000 Sq. m Warehouse in Shushary
August 15, 2014, 12:04, (Property Xpress) - A Plus Development will build a warehouse area of almost 20,000 sq. m at its A Plus Park Shushary logistics ...   read more
Technical Textiles to Open Macedonian Factory in May
August 15, 2014, 11:40, (Property Xpress) - German company Technical Textiles is planning to start work on a 9,000 sq. m factory in Macedonia’s TIDZ ...   read more

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