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Bucharest Building Purchased for EUR 4.5 mln
April 17, 2014, 7:41, (Property Xpress) - Romanian businessman Dorinel Umbrarescu has bought at auction a building at the intersection of Stefan cel ...   read more
Avielen to Develop Airportcity Second Stage
April 16, 2014, 15:49, (Property Xpress) - Avielen AG, a joint venture between Austrian companies Warimpex, CA Immo and UBM, is planning to develop the ...   read more
Hyatt Hotel Planned for Moscow Region
April 16, 2014, 13:49, (Property Xpress) - A five-star Hyatt hotel is planned to be built near the village of Novorakovo, in the Istra district of Moscow ...   read more
Marriott in Talks to Open New Russia Hotel
April 16, 2014, 12:28, (Property Xpress) - Marriott International and a Russian real estate development company are actively negotiating to open a new ...   read more
Hals-Development Borrows RUB 1.8 Bln
April 16, 2014, 11:50, (Property Xpress) - Russian real estate developer Hals-Development today announced signing a RUB 1.8 bln loan agreement with VTB ...   read more
Update: 100,000 Sq. m High-Rise Complex to Appear in Croatia
April 16, 2014, 11:30, (Property Xpress) - At its April 15 session, Zagreb City Assembly adopted a proposal made by Mayor Milan Bandic for construction ...   read more
Crocus Group to Spend USD 500 mln on Marriott, Holiday Inn Projects
April 16, 2014, 11:03, (Property Xpress) - More than USD 500 mln will be invested for construction of two hotels, Marriott and Holiday Inn, as part of ...   read more
Starwood Allowed to Take over Bristol Hotel Management
April 16, 2014, 10:31, (Property Xpress) - The Antimonopoly Committee of Ukraine (AMCU) has allowed Brussels-based Starwood EAME License and Services ...   read more
Don-Plaza Group to Build Office Centers in Rostov
April 16, 2014, 9:43, (Property Xpress) - Don-Plaza Group is reviving a project of building business centers in Rostov-on-Don, near Don-Plaza and Hyatt ...   read more
22,000 Sq. m Residential Project under Development in Bulgaria
April 16, 2014, 9:24, (Property Xpress) - Construction of a 22,000 sq. m residential neighborhood, comprising seven eight-story blocks for nearly 1,000, ...   read more
GOST Hotel to Invest USD 70 mln in Historic Manor Restoration
April 16, 2014, 8:07, (Property Xpress) - GOST Hotel Management, managing the hotel assets of Oleg Deripaska, is planning to invest USD 70 mln in the ...   read more
Montenegro to Lease Mamula Fortress Site to Orascom
April 16, 2014, 7:33, (Property Xpress) - At its April 15 session, Montenegro’s Council for Privatization and Capital Projects, chaired by Prime ...   read more
OSG Records Management Rents Space at PNK-Severnoe Sheremetyevo
April 15, 2014, 15:51, (Property Xpress) - OSG Records Management, a leading provider of document storage and management services in the CIS, has rented ...   read more
EUR 40 mln Real Estate Project to Replace Former Bucharest Brewery
April 15, 2014, 14:58, (Property Xpress) - Romanian businessman Ionut Dumitrescu will implement a EUR 40 mln development project on the former 2.7 ha ...   read more
Office Building Construction Starts in St. Petersburg
April 15, 2014, 14:02, (Property Xpress) - Construction of a 10-story business center has begun at the intersection of Varshavskaya Street and Korpusny ...   read more
Nautical Training Center to Open in Serbia
April 15, 2014, 12:58, (Property Xpress) - The Serbian city of Pancevo may soon get a modern nautical training center. Negotiations between the local ...   read more
Auchan to Expand Presence in Eastern Europe
April 15, 2014, 12:31, (Property Xpress) - AuchanSuper, the supermarket arm of France’s Auchan Group, is planning to invest EUR 600 mln to ...   read more
Auchan to Expand Russian Presence
April 15, 2014, 12:09, (Property Xpress) - AuchanSuper, the supermarket arm of France’s Auchan Group, is planning to invest EUR 600 mln to ...   read more
Impact Shareholders Approve Capital Increase
April 15, 2014, 11:46, (Property Xpress) - Impact Developer & Contractor (IMP) have approved a RON 80 mln (EUR 17.9 mln) capital increase through cash ...   read more
Russia’s First Kidzania to Open in 2015
April 15, 2014, 11:06, (Property Xpress) - Moneks Trading, the Russian subsidiary of the Kuwaiti Alshaya group, has withdrawn from plans to open a ...   read more
Atmosfera Mall Opens in Ukraine
April 15, 2014, 10:26, (Property Xpress) - A 38,000 sq. m shopping and entertainment center opened in Kiev on April 12. The property, called Atmosfera ...   read more
InterContinental Hotels Secures New Russia Opening
April 15, 2014, 9:41, (Property Xpress) - InterContinental Hotels (IHG) today announced signing an agreement to open a 15-story hotel in the Russian ...   read more
Baneasa Developments Reports EUR 10 mln Profit for 2013
April 15, 2014, 9:10, (Property Xpress) - Baneasa Developments, the company through which businessmen Gabriel Popoviciu and Radu Dimofte control the ...   read more
Gucci Takes Control of Moscow Boutiques
April 15, 2014, 8:18, (Property Xpress) - Italian Gucci, one of the world’s leading luxury brands, has received direct control of its three boutiques ...   read more
Sitel Relocates Italian Call Center to Serbia
April 15, 2014, 7:54, (Property Xpress) - International outsourcing services provider Sitel, with branches throughout Europe, is relocating its Italian ...   read more

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