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Agrokor Said to Exit Karisma Hotels Adriatic
April 11, 2017, 9:21, (Property Xpress) - Croatian group Agrokor is exiting the ownership structure of Karisma Hotels Adriatic (KHA), which was founded ...   read more
Romanian Assets Make up 20 Pct of Immofinanz’s Portfolio
April 10, 2017, 16:40, (Property Xpress) - Immofinanz Group, one of the leading real estate investors and developers in Romania, has a EUR 843.2 mln ...   read more
Hilton Secures DoubleTree Hotel Opening in Russia
April 10, 2017, 15:24, (Property Xpress) - A franchise agreement for a DoubleTree by Hilton hotel has been signed in Russia between the hotel company and ...   read more
Developer to Invest EUR 65 mln in Belgrade Office Project
April 10, 2017, 15:06, (Property Xpress) - A real estate developer has completed an office project in Belgrade and now plans to launch work on renovating ...   read more
A Plus Development Leases 14,000 Sq. m at St. Petersburg Warehouse Complex
April 10, 2017, 13:54, (Property Xpress) - A Plus Development has leased 14,000 sq. m of space at its A Plus Park St. Petersburg-2 warehouse complex in ...   read more
USD 200 mln Technology Park Planned in Ukraine
April 10, 2017, 13:38, (Property Xpress) - Ukrainian businessman Vasily Khmelnytsky is planning to create a USD 200 mln technology park, called UNIT ...   read more
Update: RAD Sells Two Sites in St. Petersburg
April 10, 2017, 12:33, (Property Xpress) - The Auction House of the Russian Federation (RAD) has sold 99.9995 pct of the shares of AO ‘57 Automobile ...   read more
Lustica Bay to Partner with Besix Group for Chedi Hotel Development
April 10, 2017, 12:21, (Property Xpress) - Tivat-based Lustica Development and Belgian company Besix Group have signed a binding memorandum of ...   read more
Tolmachevo Airport to Select Designer for Terminal Project
April 10, 2017, 11:37, (Property Xpress) - Tolmachevo Airport, part of the Novaport holding company, has announced a tender for choosing a designer for ...   read more
NEPI to Launch Construction of EUR 40 mln Mall in Romania
April 10, 2017, 11:24, (Property Xpress) - South African investment group New Europe Property Investments (NEPI) is preparing to start construction of a ...   read more
Seligerskaya Transport Hub Set to be Completed in Three Years
April 10, 2017, 10:31, (Property Xpress) - Seligerskaya transport hub will be built on the basis of the metro station of the same name, currently under ...   read more
South African Investment Funds to Acquire Three Shopping Malls in Sofia
April 10, 2017, 10:15, (Property Xpress) - South African investment funds are in the process of taking over three shopping malls in the Bulgarian capital ...   read more
RSG-Finance Places RUB 3.0 Bln Bond Issue
April 10, 2017, 8:37, (Property Xpress) - RSG-Finance, a special purpose vehicle owned by Kortros group of companies, formerly Renova Stroy Group, has ...   read more
Bank Consortium Lends EUR 300 mln for Profi Acquisition in Romania
April 10, 2017, 8:23, (Property Xpress) - Moscow-based International Investment Bank (IIB) has joined a bank consortium that loaned RON 1.3 bln (more ...   read more
IKEA to Reconstruct Five Shopping Malls in Russia
April 07, 2017, 12:47, (Property Xpress) - IKEA is reconstructing five shopping centers in Russia, said Sofia Trofimova, Regional Real Estate Development ...   read more
Former Retail Center Changes Owners in Romania
April 07, 2017, 12:34, (Property Xpress) - A former retail center building in Romania, along with the land beneath it, of nearly 20 ha, has changed its ...   read more
AFI Development Cuts Net Loss 10-Fold in 2016
April 07, 2017, 12:04, (Property Xpress) - AFI Development said its net loss fell by almost 10 times last year to USD 47.9 mln from USD 466.7 mln in ...   read more
Kiev Allocates Land for Residential and Office Complex
April 07, 2017, 11:50, (Property Xpress) - Kiev City Council has decided to allocate a 0.26 ha land plot for construction of a high-rise residential and ...   read more
Alexander Mamut Buys Russian Cinema Chain
April 07, 2017, 10:39, (Property Xpress) - Businessman Alexander Mamut has signed an agreement to buy the second largest cinema chain in Russia, Formula ...   read more
Creditor Banks Ready to Fund Agrokor
April 07, 2017, 10:01, (Property Xpress) - Creditor banks of Croatia’s Agrokor group of companies, including Erste, Banca Intesa, Raiffeisen, ...   read more
Building Permit Extended for Park Huaming Mixed-use Scheme
April 07, 2017, 8:41, (Property Xpress) - Moscow’s Committee for State Construction Supervision (Mosgosstroynadzor) has extended the building permit ...   read more
Billa Bulgaria Registers 15 Pct Turnover Growth in 2016
April 07, 2017, 8:29, (Property Xpress) - Billa Bulgaria saw its turnover increase by 15.05 pct to over BGN 785 mln in the year ended December 31, 2016, ...   read more
Businessman Consolidates 100 Pct Stake in Bucharest Office Project
April 06, 2017, 15:20, (Property Xpress) - A Romanian businessman has consolidated 100 pct of the shares of an office development project in the Romanian ...   read more
Sofia Authorities Support High-rise Mixed-use Construction Project
April 06, 2017, 14:31, (Property Xpress) - At today’s meeting, Sofia Municipal Council supported a high-rise construction project in the capital. With ...   read more
Leroy Merlin Russia Revenue Grows 24 Pct in 2016
April 06, 2017, 13:58, (Property Xpress) - French retailer Leroy Merlin, managing a DIY hypermarket chain in Russia, increased its revenue in the country ...   read more

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