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Sberbank to Dispose of Vester Stake
December 28, 2012, 9:30, (Property Xpress) - Kaliningrad-based retail chain Vester will buy back 54 pct of its shares from Sberbank for RUB 2.0 bln, with ...   read more
EBRD Finances Montenegro Retail Acquisition Deal
December 28, 2012, 8:46, (Property Xpress) - The European Bank for Reconstruction and Development (EBRD) is providing a EUR 4.64 mln loan to Voli Trade, a ...   read more
Nordea Lends USD 30 mln to Russia Focused Investment Fund
December 27, 2012, 16:57, (Property Xpress) - The Russian subsidiary of Northern Europe’s largest financial services group, Nordea, has opened a USD 30 ...   read more
Montenegro Extends Kraljicina Plaza Tender Deadline
December 27, 2012, 15:52, (Property Xpress) - The Montenegrin government has extended the submission deadline for bids to select international investors ...   read more
H&M Rents Moscow Warehouse Space
December 27, 2012, 15:50, (Property Xpress) - Swedish clothing chain Hennes & Mauritz AB (H&M) has rented approximately 22,000 sq. m of warehouse space at ...   read more
German Firm to Set up Serbian Logistics Base
December 27, 2012, 15:31, (Property Xpress) - A German company is planning to invest EUR 3.5 mln in building a 7,000 sq. m logistics center in Serbia. This ...   read more
Patriot Starts 45,000 Sq. m Residential Development
December 27, 2012, 14:59, (Property Xpress) - Inteco’s subsidiary Patriot, specializing in affordable housing development in Russia, has launched ...   read more
Moscow Hotel Project to Go to Market
December 27, 2012, 13:58, (Property Xpress) - The Moscow Arbitration Court has ruled in favor of a banking institution allowing it to take control over a ...   read more
Ivica Todoric Acquires Serbian Real Estate
December 27, 2012, 13:07, (Property Xpress) - Through his Idea retail chain, Croatian tycoon Ivica Todoric has purchased two Cypriot companies, owners of ...   read more
Developer Seeks Location for New Shopping Mall Project
December 27, 2012, 12:21, (Property Xpress) - A Russian commercial real estate developer wants to build a shopping and entertainment center with water park ...   read more
W. P. Carey Acquires Croatian Retail Stores
December 27, 2012, 11:59, (Property Xpress) - W. P. Carey, a real estate investment trust specializing in corporate sale and leaseback and build to suit, ...   read more
RON 20 mln to Finance Leisure Development in Romania
December 27, 2012, 11:33, (Property Xpress) - A multi-functional leisure and spa center project in Romania has secured RON 20 mln in funding from the ...   read more
Enka Consolidates 100 Pct Stake in Moscow Mixed-use Complex
December 27, 2012, 10:58, (Property Xpress) - Through its Enmar subsidiary, Turkish Enka group of companies has bought out the city’s share in OAO Moscow ...   read more
Ukrainian Developer to Create Furniture Store Chain
December 27, 2012, 10:32, (Property Xpress) - A Ukrainian real estate development company is creating a chain of furniture stores. The first unit, with a ...   read more
Kaleidoscope Mixed-use Complex Opens in Moscow
December 27, 2012, 9:50, (Property Xpress) - Kaleidoscope multifunctional complex near Skhodnenskaya metro station in the Russian capital opened doors in ...   read more
International Retailer Secures Land for Next Bulgaria Store
December 27, 2012, 9:07, (Property Xpress) - An international grocery retailer has won an auction to purchase 13,300 sq. m of land in the Bulgarian town of ...   read more
SOFAZ Purchases Moscow Office Property for USD 130 mln
December 27, 2012, 8:13, (Property Xpress) - The State Oil Fund of the Republic of Azerbaijan (SOFAZ) has announced it has signed its third real estate ...   read more
Tashir Group to Commission Moscow Mixed-use Scheme in Q1’2013
December 21, 2012, 13:59, (Property Xpress) - Tashir group of companies will invest USD 140 mln to develop its Raikin Plaza culture, art and leisure center ...   read more
Gostiny Dvor Renovation to Cost UAH 200 mln
December 21, 2012, 13:48, (Property Xpress) - Kiev’s Gostiny Dvor building will undergo a UAH 200 mln renovation, and the property will be returned to its ...   read more
Moscow Gives Nod to 18-Story Hotel Project
December 21, 2012, 13:20, (Property Xpress) - The Urban Land Commission of the Government of Moscow has agreed to construction of an 18-story hotel ...   read more
Office Building to undergo Major Redevelopment in Romania
December 21, 2012, 13:02, (Property Xpress) - An office building in Romania will undergo a major redevelopment project over the next two and a half years. ...   read more
Enka Allowed to Acquire Stake in Moscow Krasnye Holmy
December 21, 2012, 12:34, (Property Xpress) - The Federal Antimonopoly Service of the RF (FAS) has allowed OOO Enka TC to acquire a 20 pct stake in OAO ...   read more
EUR 6.0 mln Construction Contract Awarded in Slovenia
December 21, 2012, 12:12, (Property Xpress) - An agreement for carrying out construction work on a 6,800 sq. m production facility for high-quality ...   read more
RGI International Sells Moscow Hotel Project
December 21, 2012, 11:42, (Property Xpress) - RGI International, an AIM listed developer of residential and commercial properties in Moscow and the ...   read more
Neo Vita Raises UAH 50 mln via Bonds
December 21, 2012, 11:07, (Property Xpress) - Kiev-based Neo Vita construction company has raised UAH 49.146 mln by placing bonds of series R on the Kiev ...   read more

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