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ECDC Says: Banks in Romania and Bulgaria Require Higher Interest Rates
September 22, 2009, 14:56, (Property Xpress) - Representatives of ECDC investment fund, owner of Asmita Gardens real estate project in Bucharest, said that ...   read more
USD 3.0 bln District Planned for St. Petersburg
September 22, 2009, 14:05, (Property Xpress) - An Israeli architectural studio today announced it has fulfilled a planning and designing task for a new ...   read more
VTB to Implement St. Petersburg Projects on Time
September 22, 2009, 12:33, (Property Xpress) - Andrey Kostin, Chairman and CEO of VTB Bank, has confirmed that the bank will implement all its projects in ...   read more
2.13 ha Allotted for Office and Shopping Complex in Kiev
September 22, 2009, 12:05, (Property Xpress) - At a regular meeting, Kiev City Council decided to allocate 2.13 ha of land for construction of a new office ...   read more
St. Petersburg Government Approves Ohta-Center
September 22, 2009, 11:07, (Property Xpress) - At its meeting on September 22, the Government of St. Petersburg unanimously approved Ohta-Center project in ...   read more
Mercator Plans New Share Issue
September 22, 2009, 10:52, (Property Xpress) - Mercator’s management and supervisory board under the direction of Ziga Debeljak yesterday began proceedings ...   read more
Spanish Group Delays Construction of 144 Apartments in Bucharest
September 22, 2009, 9:57, (Property Xpress) - A Spanish group which entered the Romanian market in 2007 with the intent to develop a project with 144 ...   read more
AST Group to Sell Historic Property in Downtown Moscow
September 22, 2009, 9:36, (Property Xpress) - Businessman Telman Ismailov, owner of AST group of companies, has been seeking a buyer for the 15,000 sq. m ...   read more
Shopping Center on Sale in Russia
September 22, 2009, 8:22, (Property Xpress) - A real estate developer with a number of shopping and entertainment centers in its Russian portfolio said it ...   read more
Developer to Dispose of Assets in Romania
September 22, 2009, 7:54, (Property Xpress) - A real estate investor and developer active in the region said it plans to dispose of assets in Romania in a ...   read more
Japan’s Suzuki Abandons Shushary Project in Russia
September 22, 2009, 7:24, (Property Xpress) - Today, the St. Petersburg Government will consider returning to the city the 50 ha of land in Shushary ...   read more
13-Story Office Building Unoccupied in Romania
September 22, 2009, 6:59, (Property Xpress) - Austria’s real estate developer S+B Gruppe, which announced EUR 350 mln investments in Romania in 2008, has ...   read more
Marks & Spencer Strengthens the Balkans Network
September 21, 2009, 15:41, (Property Xpress) - Marks & Spencer is strengthening its network in the Balkans by opening new stores in Romania and Croatia and ...   read more
Moscow Extends Bid Deadline on TSUM Premises Tender
September 21, 2009, 15:18, (Property Xpress) - Moscow city authorities have decided to extend the bid deadline for selling premises of the second stage of ...   read more
M-Industry Revises Deadlines and Financial Parameters of Federation Island Project in Sochi
September 21, 2009, 14:51, (Property Xpress) - M-Industry, developer of the Federation Island sea resort in the Black Sea city of Sochi, has revised ...   read more
Developer Proceeds with Building Permit Application in Bulgaria
September 21, 2009, 13:41, (Property Xpress) - A Greek property developer said it has received the first license for its luxury residential estate in Sofia, ...   read more
Agreement Signed on Five-star Hotel Development in Yaroslavl
September 21, 2009, 13:00, (Property Xpress) - An agreement on construction of the first five-star hotel in the Russian city of Yaroslavl was signed on ...   read more
Yuzhniy Bereg Invests USD 15 mln in Nikitskiy Palace Residential Estate
September 21, 2009, 12:16, (Property Xpress) - Ukrainian Nikolaev-based development group Yuzhniy Bereg will spend USD 15 mln by 2011 to complete ...   read more
Underground Entertainment Center Planned for Krasnodar
September 21, 2009, 11:43, (Property Xpress) - Russian developer Sovremennye Effektivnye Texnologii (Modern Effective Technologies) has signed an agreement ...   read more
Equest Announces Loss of EUR 71.2 mln for H1’09
September 21, 2009, 11:13, (Property Xpress) - Equest Balkan Properties, an Isle of Man registered company specializing in commercial property investments in ...   read more
Royal Time Opens First Casino in Azov City, Plans More Investments
September 21, 2009, 10:11, (Property Xpress) - The first casino in the Azov-City gambling zone in Russia will be launched on January 30 next year by the ...   read more
48,000 sq. m Shopping Mall Receives Building Permit in Bulgaria
September 21, 2009, 9:55, (Property Xpress) - A shopping and entertainment center with a total area of 48,000 sq. m has received a building permit in ...   read more
Moscow Authorities Move Completion Date of Aurora Business Park
September 21, 2009, 9:07, (Property Xpress) - Moscow authorities have decided to extend completion of the third and fourth stages of the 100,000 sq. m ...   read more
Anchor to Extend InCity Residences in Bucharest
September 21, 2009, 8:45, (Property Xpress) - Real estate developer Anchor Group has completed construction of its first residential project in Romania, ...   read more
Texas Pacific Group to Acquire Share in Russian Retailer
September 21, 2009, 8:22, (Property Xpress) - U.S.-based Texas Pacific Group Investment Fund (TPG) and VTB Capital will close a deal to buy a 35 pct stake ...   read more

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