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Immofinanz Net Profit Jumps to EUR 132 mln in H1’2015/2016
December 17, 2015, 12:29, (Property Xpress) - Austrian investor and developer Immofinanz Group increased its net profit 39 times in the first half of the ...   read more
Profi to Invest EUR 50 mln in 2016
December 17, 2015, 11:59, (Property Xpress) - Romanian retailer Profi, owned by Poland’s investment fund Enterprise Investors, intends to invest EUR 50 ...   read more
Corporation Grinn to Invest RUB 2.3 Bln in Linia Stores
December 17, 2015, 10:02, (Property Xpress) - Kursk-Orel-based Corporation Grinn, owned by businessman Nikolay Greshilov, intends to build a Linia ...   read more
23,000 Sq. m Office Building Completed in Romania
December 17, 2015, 10:01, (Property Xpress) - The Benta family, which controls paint and varnish manufacturer Daw Benta, has completed a EUR 29 mln ...   read more
Rossiysky Capital Allocates RUB 1.5 Bln to SU-155 for St. Petersburg Projects
December 17, 2015, 9:08, (Property Xpress) - Russian banking group Rossiysky Capital will allocate RUB 1.5 bln for completion of SU-155’s development ...   read more
Real Estate Fund Acquires Retail Center in Sofia for EUR 23 mln
December 17, 2015, 9:06, (Property Xpress) - A real estate investment fund has paid EUR 23.3 mln to acquire 23,000 sq. m of retail space in Sofia, i.e. the ...   read more
Morton Launches New Moscow Residential Project
December 16, 2015, 17:00, (Property Xpress) - Morton group of companies plans to build a 234,000 sq. m comfort-class residential complex, called Stolichnye ...   read more
SOCAR to Borrow EUR 5.0 mln for Expansion in Romania
December 16, 2015, 16:51, (Property Xpress) - SOCAR Petroleum, a subsidiary of the State Oil Company of Azerbaijan (SOCAR) in Romania, plans to borrow EUR ...   read more
LSR Group and AFK Sistema Join Forces to Buy ZIL-Yug
December 16, 2015, 16:18, (Property Xpress) - OOO Razvitie, established by LSR Group and AFK Sistema, has submitted the sole bid in the tender for the right ...   read more
Aman to Launch Takeover Bid for Visnjica Ducani
December 16, 2015, 16:00, (Property Xpress) - Having bought an 89.5 pct stake in Belgrade grocery retailer Visnjica Ducani last Friday, Surcin-based ...   read more
Metizi Rents 9,000 Sq. m at St. Petersburg Warehouse Complex
December 16, 2015, 13:55, (Property Xpress) - Russian Metizi group of companies has rented 9,100 sq. m of space at MLP Utkina Zavod warehouse complex, ...   read more
CTP Acquires Bucharest West Industrial Park
December 16, 2015, 13:46, (Property Xpress) - Real estate investor and developer CTP has completed a deal to acquire Bucharest West Industrial Park from its ...   read more
Developer to Start Apart-Hotel Projects in St. Petersburg
December 16, 2015, 13:16, (Property Xpress) - ‘Yard’ group of companies, controlled by Andrey Koshkin, will build apart-hotels in St. Petersburg. ...   read more
Vabeld Teams up with AIC for Bucharest Distribution Center Development
December 16, 2015, 12:50, (Property Xpress) - Real estate developer AIC International will develop 13,700 sq. m of storage and office space for online ...   read more
16,000 Sq. m Business Center to Open in Zelenograd SEZ in 2016
December 16, 2015, 10:46, (Property Xpress) - An administrative and business center with exhibition premises is planned to be put into operation in the ...   read more
Medora Hotels to Invest HRK 75 mln in Renovations
December 16, 2015, 10:29, (Property Xpress) - Hoteli Podgora, which has changed its name to Medora Hotels & Resorts, will invest HRK 75 mln in renovating ...   read more
Tengelmann Suspends Discount Retail Project in Russia
December 16, 2015, 10:10, (Property Xpress) - Germany’s Tengelmann Group, developing a chain of OBI do-it-yourself stores in Russia, has decided to stop ...   read more
Montenegro Extends Deadlines for Kolasin 1600 and Vranjina Tenders
December 16, 2015, 9:34, (Property Xpress) - Montenegro’s Council for Privatization and Capital Projects has again extended the submission deadline for ...   read more
A Plus Development Acquires Industrial Real Estate in Kolpino
December 16, 2015, 9:11, (Property Xpress) - A Plus Development has acquired a 5.0 ha site in Kolpino, along with industrial buildings with an area of ...   read more
Metro Group Consolidates 100 Pct Stake in Romanian Unit, Sells Stores in Bulgaria, Serbia and Ukraine
December 16, 2015, 8:41, (Property Xpress) - Romanian businessman Ion Tiriac sold in mid-November his 15 pct stake in the local chain of Metro Cash & Carry ...   read more
LPP to Launch New Store Chain in Russia
December 15, 2015, 16:19, (Property Xpress) - The biggest Polish clothing retailer, LPP, operating Reserved, Cropp, House, Mohito and Sinsay stores, will ...   read more
Golf Course Development Gets Green Light in Croatia
December 15, 2015, 15:46, (Property Xpress) - A golf course project, to be developed on the Croatian Adriatic coast, has received the green light from the ...   read more
Brack Capital to Open Vykhodnoy Shopping Center on December 19
December 15, 2015, 13:50, (Property Xpress) - Israeli company Brack Capital Real Estate (BCRE) will officially open its 60,000 sq. m Vykhodnoy shopping ...   read more
Hyatt in Talks to Open Hotel in Croatia
December 15, 2015, 13:17, (Property Xpress) - Upmarket hotel chain Hyatt is in the final stage of negotiations to sign a management agreement for a five ...   read more
38,000 Sq. m Logistics Development Gets Nod in St. Petersburg
December 15, 2015, 12:51, (Property Xpress) - St. Petersburg’s Commission on Land Use and Development has approved a project of Yulmart Development to ...   read more

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