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U.S. Pension Fund Invests in Russia-Focused Real Estate Vehicle
May 22, 2013, 12:25, (Property Xpress) - A major U.S. pension fund has committed a USD 250 mln equity investment to the capital of a newly created real ...   read more
20,000 Sq. m Sports Arena Project Breaks Ground in Ukraine
May 22, 2013, 11:19, (Property Xpress) - The foundation stone to mark the construction start for Ukraine’s EuroBasket 2015 multipurpose sports and ...   read more
O2 Development Receives Building Permit for St. Petersburg Project
May 22, 2013, 10:21, (Property Xpress) - Russian residential real estate company O2 Development has received permission to build the first stage of its ...   read more
Cluj County Council to Expand Tetarom I Industrial Park
May 22, 2013, 9:59, (Property Xpress) - Cluj County Council has launched a European project totaling more than RON 69 mln (EUR 15.7 mln), including ...   read more
Eldorado Rents 20,000 Sq. m at Moscow Logistics Center
May 22, 2013, 9:23, (Property Xpress) - Russia’s home appliance and electronics retailer Eldorado, part of PPF Group, has leased 19,700 sq. m of ...   read more
Korona Mall Brasov to Open in 2015
May 22, 2013, 9:06, (Property Xpress) - The second Carrefour hypermarket in Brasov will occupy 8,500 sq. m at Korona Mall shopping center, which will ...   read more
Finnish Developer Acquires Land for Russian Project
May 22, 2013, 8:36, (Property Xpress) - A Finnish family-owned group, dealing with residential and office real estate development, has bought land for ...   read more
Construction of USD 40 mln Indoor Arena Starts in Ukraine
May 22, 2013, 7:57, (Property Xpress) - Construction of a UAH 350 mln (USD 43 mln) indoor arena is currently under preparation in the Ukrainian city ...   read more
Fibula Air Travel to Open Five Star Hotel in Macedonia
May 21, 2013, 15:44, (Property Xpress) - Travel agency Fibula Air Travel, which has leased Izgrev Hotel in Struga from the Macedonian Orthodox Church, ...   read more
Ukrainian Developer to Build Residential Tower in Kiev
May 21, 2013, 14:55, (Property Xpress) - A Ukrainian company is planning to build a 25-story single-section residential building on a 0.3 ha site at ...   read more
130,000 Sq. m of Real Estate to be Built in Moscow City Center
May 21, 2013, 14:45, (Property Xpress) - At its meeting today, the Moscow government approved a draft plan for the redevelopment of the 15.4 ha ‘Red ...   read more
Update: Vibac Group to Build Serbian Plant
May 21, 2013, 13:55, (Property Xpress) - Italian polypropylene materials producer Vibac Group will begin a EUR 60 mln plant project in the Serbian town ...   read more
Hals-Development Borrows RUB 3.4 Bln
May 21, 2013, 12:57, (Property Xpress) - Russian real estate company Hals-Development today announced it has increased a credit line limit opened by ...   read more
Jumbo to Open First Romania Stores in Summer’2013
May 21, 2013, 12:47, (Property Xpress) - Greece’s biggest retail company of toys and baby products, Jumbo group, with annual sales of nearly half a ...   read more
Sotrans to Build Warehouse in St. Petersburg
May 21, 2013, 12:28, (Property Xpress) - Russian freight forwarding and transportation company Sotrans plans to implement a project to build a new ...   read more
Multifunctional Shopping Center to Appear in Kiev
May 21, 2013, 11:58, (Property Xpress) - A large multifunctional complex with shops and restaurants will appear under the historic Poshtova Square ...   read more
AFI Development Reports Two-Fold Increase in Net Profit
May 21, 2013, 11:16, (Property Xpress) - Israeli real estate company AFI Development reported a two-fold increase in net profit for the first quarter ...   read more
Update: Budhouse Group Acquires Stake in Shopping Mall Project
May 21, 2013, 10:54, (Property Xpress) - Kiev-based real estate development company Budhouse Group will close a deal to acquire a minority stake in ...   read more
Sberbank to Sell East Tower Loan to Roman Trotsenko
May 21, 2013, 10:17, (Property Xpress) - Sberbank may sell rights to a loan, used for completion of ‘East’ Tower in MIBC Moscow-City to Roman ...   read more
Four Star Hotel Goes to Sale in Bulgaria
May 21, 2013, 9:32, (Property Xpress) - A four star business hotel, with a total area of approximately 7,000 sq. m, will be put for sale in the ...   read more
140,000 Sq. m Nizhny Novgorod Shopping Center to Open in 2014
May 21, 2013, 8:54, (Property Xpress) - Construction of a large shopping and entertainment center with water zone is to be completed in late spring ...   read more
AFI Europe to Build Second Bucharest Mall, Mulls New Development Project
May 21, 2013, 8:26, (Property Xpress) - AFI Europe has obtained the building permit for its second shopping mall project in the Romanian capital, in ...   read more
Azimut to Manage Sochi Hotel Complex
May 21, 2013, 7:48, (Property Xpress) - Azimut Hotels Company has signed an agreement with Top Project, a member of Renova group companies, to manage ...   read more
Croatian Hotels to undergo EUR 26 mln Renovation Program
May 21, 2013, 7:29, (Property Xpress) - A Croatian hotel owner and operator will spend HRK 200 mln (EUR 26 mln) to renovate and upgrade several ...   read more
Foundation Laid for Lustica Bay Project in Montenegro
May 20, 2013, 15:55, (Property Xpress) - The foundation stone to mark the official start of the first construction stage of Lustica Bay resort in Tivat ...   read more

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