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Storm Real Estate Sells Russian Asset for USD 13 mln
April 05, 2016, 8:52, (Property Xpress) - Norwegian fund Storm Real Estate has sold its Grifon House business center in St. Petersburg. The asset, with ...   read more
Belgrade Plaza Shopping Center to Open in 2017
April 05, 2016, 8:17, (Property Xpress) - The site of the EUR 80 mln Belgrade Plaza shopping center project at 84, Visnjicka Street in the Serbian ...   read more
Hals-Development Buys Sheraton Rostov-on-Don Hotel & Business Center
April 04, 2016, 15:53, (Property Xpress) - Hals-Development has completed a deal to buy Sheraton Rostov-on-Don Hotel & Business Center, with a total area ...   read more
Kaufland to Build 14,000 sq. m Retail Center in Bulgaria
April 04, 2016, 15:17, (Property Xpress) - Kaufland hypermarket chain, part of Germany’s Schwarz Group, is planning to develop a 13,700 sq. m retail ...   read more
Trilogy Park Tomilino Signs Lease Deals for 22,000 Sq. m, Reaches 100 Pct Occupancy
April 04, 2016, 14:42, (Property Xpress) - Trilogy Park Tomilino, controlled by structures of PPF Real Estate Holding BV, has signed two lease deals for ...   read more
Omar Properties to Take over Ambassador Hotel in Nis, Serbia
April 04, 2016, 14:04, (Property Xpress) - The former Ambassador Hotel in the center of Nis, which closed in April 2013, could soon become part of a ...   read more
Tashir Group to Invest USD 300 mln in Moscow Mixed-use Scheme
April 04, 2016, 13:28, (Property Xpress) - Tashir group of companies intends to invest USD 300 mln to develop a 93,700 sq. m multifunctional complex on ...   read more
Net Holding in Talks to Acquire Hotel in Montenegro
April 04, 2016, 12:59, (Property Xpress) - Turkish company Net Holding is interested in buying the luxury Avala Hotel in Budva, Montenegro. ...   read more
Draft Plan Approved for 570,000 Sq. m Residential Neighborhood in Moscow
April 04, 2016, 12:52, (Property Xpress) - The Urban Land Commission of the Government of Moscow has approved a draft plan for a 47 ha area, near ...   read more
HRK 700 mln Investment Agreement Signed in Croatia
April 04, 2016, 12:41, (Property Xpress) - Croatian government representatives signed on Thursday, March 31, a HRK 720 mln investment agreement with ...   read more
Botanichesky Sad Transport Hub to Open by mid-2019
April 04, 2016, 11:24, (Property Xpress) - The project to build a transport interchange hub near Botanichesky Sad (Botanic Garden) metro station will be ...   read more
Lustica Development First Hotel Project to Break Ground in 2016
April 04, 2016, 11:15, (Property Xpress) - Lustica Development, developing the luxury Lustica Bay resort in Montenegro’s Kotor Bay area, has announced ...   read more
120,000 Sq. m Administrative and Production Complex to Appear in Khimki
April 04, 2016, 10:37, (Property Xpress) - A 120,000 sq. m administrative and production complex is planned to be built in the Moscow suburb of Khimki ...   read more
Infinity Group, Salamanca Capital to Start EUR 10 mln Sofia Office Project
April 04, 2016, 10:06, (Property Xpress) - Infinity Group, formerly MRP International, and Salamanca Capital will begin construction of the third and ...   read more
YIT Corporation Starts Two Russia Residential Projects
April 04, 2016, 9:39, (Property Xpress) - Finland’s YIT Corporation has started construction of new residential projects in Russia, in Yekaterinburg ...   read more
Groundbreaking Held for EUR 60 mln Factory in Serbia
April 04, 2016, 9:26, (Property Xpress) - The groundbreaking ceremony to mark the construction start for a Mei Ta factory in Baric, on the Belgrade ...   read more
Sberbank Opens RUB 8.0 Bln Credit Line to Developer
April 01, 2016, 12:56, (Property Xpress) - The Central Chernozem Bank of Sberbank of Russia has opened a RUB 8.0 bln credit line to Corporation GRINN. ...   read more
Mercator Group Generates EUR 20 mln Net Profit in 2015
April 01, 2016, 12:46, (Property Xpress) - Mercator Group generated a EUR 20.2 mln net profit and EUR 61.5 mln operating profit last year, a 15-fold ...   read more
Glavstroygroup to Develop Commercial Real Estate in Skolkovo
April 01, 2016, 12:09, (Property Xpress) - Glavstroygroup will develop 90,000 sq. m of commercial real estate, as the first phase of Skolkovo Business ...   read more
Lidl Starts Construction of First Serbian Stores
April 01, 2016, 11:59, (Property Xpress) - Germany’s discounter Lidl has begun construction of four stores in Serbia, in Belgrade (Vojislav Ilic ...   read more
Capital Group to Launch Work on Moscow Mixed-use Project by 2017
April 01, 2016, 11:06, (Property Xpress) - About 500 000 sq. m of real estate will be developed on the former 4th mill factory site at Shmitovsky Proezd, ...   read more
Morgan Stanley Acquires Majority Interest in Croatian Hotel Complex
April 01, 2016, 10:11, (Property Xpress) - A fund managed by Morgan Stanley Real Estate Investing (MSREI) has acquired a majority stake in Croatian Punta ...   read more
Coalco Plans 1.1 Mln Sq. m Development in Domodedovo District
April 01, 2016, 9:41, (Property Xpress) - The Town Planning Board of the Moscow Region has approved a project, owned by Coalco Development, to build an ...   read more
Update: Commerzbank Sells Bucharest Office Building
April 01, 2016, 9:26, (Property Xpress) - Commerzbank has sold Phoenix Tower office building in the Bucharest Vitan area to Adamamerica for EUR 23.3 ...   read more
Tigre de Cristal Posts HKD 72 mln in Revenue in Q4’2015
April 01, 2016, 9:06, (Property Xpress) - Tigre de Cristal, the first casino in Russia’s Primorye gambling zone, which had its soft opening on October ...   read more

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