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AFI Development Switches to Profit in H1’2013
August 09, 2013, 12:10, (Property Xpress) - AFI Development, the Russian development arm of Africa-Israel Investments, recorded a net profit in the first ...   read more
Contractor Sought for Office Center Project in Romania
August 09, 2013, 11:56, (Property Xpress) - A Romanian municipality is seeking contractors to carry out construction work on an office center project for ...   read more
Moscow Developer Eyes Location for 30,000 Sq. m Mall in Siberia
August 09, 2013, 10:56, (Property Xpress) - A Moscow-based company is seeking a location suitable for building a 30,000 sq. m shopping and entertainment ...   read more
Retail Center Construction under Preparation in Bulgaria
August 09, 2013, 10:43, (Property Xpress) - Demolition and clearing work is currently under way on a former industrial platform in the Bulgarian secondary ...   read more
Update: Russian Developer to Sell Moscow Office Center
August 09, 2013, 9:08, (Property Xpress) - A Russian real estate development company is negotiating to divest a Moscow office center, near Tulskaya metro ...   read more
Retail Capital Consolidates 100 Pct Stake in Silpo Retail
August 09, 2013, 8:49, (Property Xpress) - Ukrainian closed non-diversified venture corporate investment fund Retail Capital has acquired almost 22 pct, ...   read more
Sberbank CIB Lends EUR 135 mln for Shopping Mall Acquisition
August 09, 2013, 8:22, (Property Xpress) - The corporate investment banking division of Russia’s Sberbank, Sberbank CIB, has agreed to provide a EUR ...   read more
Office Center Project to Break Ground after Bucharest Infrastructure Improvements
August 09, 2013, 8:13, (Property Xpress) - After completing Berzei-Buzesti Boulevard, the Bucharest Matache area will be regenerated following a design ...   read more
Distribution Center under Development in Leningrad Region
August 08, 2013, 18:35, (Property Xpress) - A Russian company has begun construction of a distribution center near St. Petersburg. The property is being ...   read more
New Theme Park Planned for Moscow
August 08, 2013, 16:05, (Property Xpress) - The development concept for a new theme park project has recently been approved by the Moscow city ...   read more
Ukrainian Firm Wins Court Case for 4.0 Ha Site in Kiev City Center
August 08, 2013, 15:35, (Property Xpress) - A Ukrainian company has won a court case allowing construction of a mixed-use residential, office and retail ...   read more
O1 Properties to Issue Bonds to Pay off Creditors
August 08, 2013, 14:52, (Property Xpress) - Investment company O1 Properties evaluates its real estate portfolio at USD 3.0 bln, and the debt burden at ...   read more
Romanian Businessman to Start Bucharest Real Estate Projects
August 08, 2013, 14:32, (Property Xpress) - A Romanian businessman is preparing to start two Bucharest real estate projects, including a residential ...   read more
Immofinanz Signs Lease Deals for Bucharest Office Center
August 08, 2013, 12:56, (Property Xpress) - Austrian real estate investor and developer Immofinanz Group has signed lease agreements with two new clients ...   read more
PIK Group Gets Green Light to Acquires Business Park – Fili
August 08, 2013, 12:34, (Property Xpress) - The Federal Antimonopoly Service (FAS) of the RF has granted permission to PIK Group to acquire 100 pct of the ...   read more
Delhaize Group Posts EUR 1.55 Bln in Revenue in Southeast Europe
August 08, 2013, 12:20, (Property Xpress) - Belgian retailer Delhaize Group recorded EUR 1.55 bln in revenue in Southeast Europe in the first half of ...   read more
LSR Group to Start Two St. Petersburg Projects in 2014
August 08, 2013, 12:00, (Property Xpress) - Russian residential developer LSR Group will begin construction of a luxury complex in the city center of St. ...   read more
Bourgas to Sell Land for Production Facility
August 08, 2013, 11:33, (Property Xpress) - Bulgarian Bourgas Municipality is expected to make a decision on August 16 to sell a 1.0 ha site in the ...   read more
Stroytelniy Trest Acquires Land for Suburban Estate
August 08, 2013, 10:04, (Property Xpress) - St. Petersburg-based real estate developer Stroytelniy Trest (Building Trust) has closed a deal to acquire 15 ...   read more
Dragon Capital Consolidates Stakes in Novaia Linia Retail Chain
August 08, 2013, 9:28, (Property Xpress) - The Antimonopoly Committee of Ukraine (AMCU) has allowed Cyprus-registered Dragon Capital Investments Limited ...   read more
Crna Gora Hotel Building Demolished in Montenegro
August 08, 2013, 8:10, (Property Xpress) - The main Crna Gora hotel building in Podgorica was demolished last night to make room for construction of a ...   read more
MirLand Development Signs EUR 95 mln Refinance Deal
August 08, 2013, 7:48, (Property Xpress) - Fishman’s Russian real estate development arm, MirLand Development Corporation, today announced signing a ...   read more
Moscow to See 120 Hotel Openings by World Cup’2018
August 07, 2013, 16:42, (Property Xpress) - Moscow will see 124 new hotel openings by the World Cup championship, with most of the objects to be put into ...   read more
Developer Sells Sofia Office Building
August 07, 2013, 15:31, (Property Xpress) - A real estate development company has closed a deal to sell an office building in the Bulgarian capital city ...   read more
Developer Sells St. Petersburg Apartments for EUR 17 mln
August 07, 2013, 14:36, (Property Xpress) - The Russian subsidiary of a Scandinavian real estate development company has signed an agreement to sell 63 ...   read more

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