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Michelin Invests EUR 170 mln in Serbian Production Unit
October 14, 2013, 15:19, (Property Xpress) - French tire manufacturer Michelin is investing EUR 45 mln in the first phase of a new industrial facility in ...   read more
RUB 2.5 Bln Apart-Hotel to Appear in Novorossiysk
October 14, 2013, 14:41, (Property Xpress) - Approximately RUB 2.5 bln will be invested for construction of an apart-hotel in Suhaya Schel village, near ...   read more
Sofia Hotel Balkan to Provide EUR 4.0 mln Loan to Metropol Palace Belgrade
October 14, 2013, 14:22, (Property Xpress) - At a meeting scheduled for October 22, Sofia Hotel Balkan AD shareholders are expected to authorize the ...   read more
BFA-Development to Spend USD 1.0 Bln on Housing Project
October 14, 2013, 12:58, (Property Xpress) - BFA-Development will invest nearly USD 1.0 bln in its Ogni Zaliva residential community project, in the ...   read more
Five Star Hotel Construction to Start in Odessa, Ukraine
October 14, 2013, 12:43, (Property Xpress) - Construction of a five-star hotel will begin in spring 2014, in place of the former Luxor club in Odessa’s ...   read more
Okhta Group to Redevelop St. Petersburg Historic Building
October 14, 2013, 11:55, (Property Xpress) - Real estate developer Okhta Group has received permission to redevelop a historic building in St. Petersburg ...   read more
Skopje Seeks Partner for Amusement Park Development
October 14, 2013, 11:09, (Property Xpress) - The City of Skopje has announced a tender to select a private partner to finance, design, build, operate and ...   read more
KD Group to Build Elite Housing with Offices/Hotel in Perm
October 14, 2013, 10:37, (Property Xpress) - Russian holding KD Group has received permission to develop its ‘Symphony’ residential complex at the ...   read more
UniCredit Tiriac Bank and NEPI Sign EUR 30 mln Refinance Deal
October 14, 2013, 10:06, (Property Xpress) - UniCredit Tiriac Bank today announced it has signed a EUR 30 mln five-year loan agreement with New Europe ...   read more
MegaFon Funds Business Center Construction in Skolkovo
October 14, 2013, 9:39, (Property Xpress) - Russian mobile phone operator MegaFon, whose main shareholder is billionaire Alisher Usmanov, will allocate at ...   read more
AFI Europe Plans New Romania Projects
October 14, 2013, 9:06, (Property Xpress) - Having completed two shopping malls and an office building in Romania, Israeli AFI Europe is preparing several ...   read more
Agrokor to Expand Eastward
October 14, 2013, 7:54, (Property Xpress) - Croatia’s largest privately-held company Agrokor is considering an initial public offering (IPO) on the ...   read more
Agrokor Mulls London IPO, to Expand Eastward
October 14, 2013, 7:53, (Property Xpress) - Croatia’s largest privately-held company Agrokor is considering an initial public offering (IPO) on the ...   read more
East Capital Increases Stake in M.Video
October 11, 2013, 12:59, (Property Xpress) - Swedish investment fund East Capital has increased its stake in M. Video from 4.48 pct to 17.16 pct by ...   read more
14-Story Building Project Starts in Budva, Montenegro
October 11, 2013, 12:51, (Property Xpress) - Investors in Dukljanski vrtovi (Dukley Gardens) complex in Zavala, through their MCG Montenegro company, have ...   read more
Sibpromstroy to Build Residential High-Rise in Siberia
October 11, 2013, 12:21, (Property Xpress) - Russian company Sibpromstroy plans to develop a 130-m residential building in the Siberian city of Surgut, ...   read more
USD 300 mln Concert Hall Planned in Kiev
October 11, 2013, 12:08, (Property Xpress) - Kiev City Hall and The Theater Songs of Alla Pugacheva, a company co-owned by Alla Borisovna and her daughter ...   read more
Moscow to Offer Industrial Zones to Investors
October 11, 2013, 11:44, (Property Xpress) - Moscow city authorities have prepared eight pilot projects for redevelopment of brownfield areas, ...   read more
IBM Confirms Extension of Bucharest and Brasov IT Centers
October 11, 2013, 11:14, (Property Xpress) - American company IBM has confirmed the allocation of state aid from the Romanian government to expand its ...   read more
Mixed-use Retail/Office Project to Break Ground in St. Petersburg
October 11, 2013, 10:30, (Property Xpress) - A 60,000 sq. m multifunctional center, combining retail premises and B-class office space, will be built in ...   read more
Montenegro Hotel to Undergo Refurbishment
October 11, 2013, 10:01, (Property Xpress) - A three star hotel in Montenegro will be renovated and upgraded to a more modern four star facility. At a ...   read more
Moscow Extends Hotel Construction Area, Completion Term
October 11, 2013, 9:05, (Property Xpress) - Moscow city authorities have increased the total area of a hotel project, to be developed in the city center ...   read more
Kaufland to Build New Bucharest Store
October 11, 2013, 8:43, (Property Xpress) - German grocery retailer Kaufland, the market leader in Romania, with a business of almost EUR 1.5 bln last ...   read more
Moscow Finds Partner to Build Three Agriculture Markets
October 11, 2013, 8:15, (Property Xpress) - Moscow mayor’s office has chosen Alexander Klyachin, owner of Azimut hotel chain and KR Properties, as its ...   read more
Ukrainian Entrepreneur Acquires Six Kiev Stores
October 11, 2013, 7:47, (Property Xpress) - Roman Lunin, the main owner of Retail Group, one of Ukraine’s largest grocery chains, has acquired four ...   read more

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