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Capital Group Receives 4.2 Pct in Russian Lenta Retail Chain
March 12, 2014, 9:18, (Property Xpress) - A structure of Capital Group, one of the world’s largest investment companies, held 4.2382 pct of the shares ...   read more
Heineken Romania Sells Bucharest Site for Mixed-use Development
March 12, 2014, 8:55, (Property Xpress) - Heineken Romania, with a EUR 265 mln business and net profit of EUR 42 mln in 2012, has sold the former ...   read more
Daimler to Start Work on New Romania Plant
March 11, 2014, 16:26, (Property Xpress) - Star Transmission, a division of Germany’s Daimler Group, will lay the foundation stone for its new Romanian ...   read more
Russian Businessman Consolidates Stake in Moscow Hotel Project
March 11, 2014, 16:09, (Property Xpress) - A Russian businessman has consolidated 100 pct of the shares of a hotel construction project near the ...   read more
Former Embassy Building in Belgrade to be Converted into Hotel
March 11, 2014, 15:41, (Property Xpress) - The former Austrian embassy building in Belgrade will be redeveloped into a nine-story hotel by Serbian ...   read more
Kesko to Spend EUR 100 mln on Russian Retail Expansion
March 11, 2014, 15:12, (Property Xpress) - Finland’s Kesko plans to invest EUR 100 mln a year in expanding its chains of food and building and home ...   read more
IKEA Russia Announces Commercial Upgrade Details and Mall Extensions
March 11, 2014, 13:58, (Property Xpress) - IKEA Shopping Centers Russia (IKEA SCR) has announced details of its new food court concept and mall extension ...   read more
Croatian Hotel Project to Obtain Building Permit
March 11, 2014, 13:54, (Property Xpress) - Croatia’s Zupa Dubrovacka municipality will soon issue a building permit for construction of a new hotel, ...   read more
Chinese Company to Build Technology Park in St. Petersburg
March 11, 2014, 13:39, (Property Xpress) - Chinese company Hua Bao and the City of St. Petersburg signed today an agreement on construction of a light ...   read more
Brasov Gives Nod for Hotel and Convention Center Project
March 11, 2014, 13:19, (Property Xpress) - Brasov City Council has approved a zoning urban plan (PUZ) for a 1.3 ha area in the historic center of the ...   read more
USD 4.0 Bln Real Estate Project Planned for Moscow Region
March 11, 2014, 12:20, (Property Xpress) - A USD 4.0 bln multifunctional real estate development project is planned for the Moscow region. Investment ...   read more
Developer to Expand Business Park Project in Romania
March 11, 2014, 11:33, (Property Xpress) - Construction of a new A-class office building, with a leasable area of around 7,000 sq. m, is planned to start ...   read more
Moscow Approves Plans for Badaevsky Brewery Site
March 11, 2014, 10:54, (Property Xpress) - The Urban Land Commission of the Government of Moscow has decided on building plans for the Badaevsky Brewery ...   read more
Еco Resort Development Planned in Montenegro
March 11, 2014, 10:35, (Property Xpress) - French businessman Lionel Sonigo wants to develop an eco resort in Montenegro. The project, estimated at more ...   read more
Sberbank to Finance Shopping Mall Expansion
March 11, 2014, 9:49, (Property Xpress) - The Srednerussky Bank of Sberbank of Russia has agreed to provide funding for the second construction stage of ...   read more
Austrian Firm Submits Bid for Montenegro Tourism Project
March 11, 2014, 9:34, (Property Xpress) - An Austrian company has submitted the sole bid for the international tender for the long-term lease of the ...   read more
Raven Russia’s Profit Falls despite Revenue Growth
March 10, 2014, 18:22, (Property Xpress) - Raven Russia, operating in the Russian real estate market with a focus on the warehouse sector, posted a ...   read more
UAE, Serbia Sign USD 1.0 Bln Loan Agreement
March 10, 2014, 17:10, (Property Xpress) - Serbia has entered into a USD 1.0 bln loan agreement with the United Arab Emirates (UAE). The agreement was ...   read more
Update: Ruma Allocates Land for 11,500 Sq. m Factory
March 10, 2014, 16:26, (Property Xpress) - An agreement on the alienation of construction land without compensation has been signed by Alexander ...   read more
Industrial/Warehouse Project Gets Green Light in Moscow Region
March 10, 2014, 15:53, (Property Xpress) - The Planning Board of the Moscow Region has agreed on construction of a 10,900 sq. m industrial-warehouse ...   read more
Orange to Lease 13,000 Sq. m at Bucharest Office Building
March 10, 2014, 15:23, (Property Xpress) - Mobile operator Orange, with a Romanian business of nearly EUR 1.0 bln and about 3,000 employees, is nearing ...   read more
BGN 100 mln Logistics Center Planned in Stara Zagora, Bulgaria
March 10, 2014, 13:57, (Property Xpress) - An undisclosed foreign investor has expressed interest in joining a BGN 100 mln project for construction of a ...   read more
St. Petersburg Firm Wins Court Case for High-Rise Hotel Project
March 10, 2014, 13:50, (Property Xpress) - A St. Petersburg-based company has won a court case obligating the city government to provide land (13,600 sq. ...   read more
Water Park Project Planned in Montenegro
March 10, 2014, 13:24, (Property Xpress) - Montenegro’s Ministry of Sustainable Development and Tourism has issued urban-technical conditions to Budva ...   read more
Scandinavian Developer Reaches Agreement for Russian Housing Project
March 10, 2014, 12:55, (Property Xpress) - After a year and a half of litigation, the Russian subsidiary of the Scandinavian real estate development and ...   read more

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