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OBI Leases Space at Moscow Office Ceter
December 19, 2011, 13:58, (Property Xpress) - Germany’s DIY and garden retailer OBI has leased about 5,500 sq. m of office space at Moscow’s Linkor ...   read more
Greek Enterprise Considers Bucharest Real Estate Project
December 19, 2011, 13:43, (Property Xpress) - A Greek industrial enterprise is considering implementing a real estate project on a factory site in the ...   read more
Mordovia Development Invests RUB 2.0 Bln in Shopping Mall
December 19, 2011, 13:23, (Property Xpress) - Mordovia Development will spend RUB 2.0 bln to develop a shopping mall under the City Park name in Saransk, ...   read more
International Banking Group to Sell Subsidiaries
December 19, 2011, 13:06, (Property Xpress) - An international financial institution said it will be looking to dispose of its subsidiaries in Eastern ...   read more
Joint Venture Formed to Develop Suburban Housing Estate
December 19, 2011, 12:43, (Property Xpress) - A 50:50 pct joint venture company has been formed to develop a new comfort-class residential complex near ...   read more
Romanian Residential Project Initiates Own Insolvency
December 19, 2011, 12:21, (Property Xpress) - A Romanian residential project, which was to include 200 housing units, has initiated its own ...   read more
Setl City Acquires Land for Housing Development
December 19, 2011, 11:13, (Property Xpress) - Setl City, a member of Setl group of companies, has acquired 30 ha of land in Devyatkino, west of Devyatkino ...   read more
Crimea to Auction Land Lease Rights
December 19, 2011, 10:46, (Property Xpress) - The Crimean regional branch of the State Land Cadastral Center has determined the date of the next auction, ...   read more
Developer to Start Hotel Construction in 2012
December 19, 2011, 10:13, (Property Xpress) - Construction of a hotel complex will begin in the Vyborg district of St. Petersburg in 2012. The project ...   read more
Hypermarket Construction Starts in Bulgaria
December 19, 2011, 8:58, (Property Xpress) - A hypermarket retail chain has started construction work on its seventh Bulgarian store. According to local ...   read more
Swedish Investor Acquires Control over Two Ukrainian Real Estate Groups
December 19, 2011, 8:23, (Property Xpress) - The Antimonopoly Committee of Ukraine (AMCU) has allowed Swedish, Malmo-based asset management company ...   read more
Hotel to Replace Architectural Monument in St. Petersburg
December 19, 2011, 8:23, (Property Xpress) - A St. Petersburg-based company has started demolition work on a site at Kavaleriyskaya Street in the city’s ...   read more
X5 Retail Group Borrows RUB 9.5 Bln
December 16, 2011, 13:59, (Property Xpress) - Russia’s largest lender, Sberbank, has opened a RUB 9.5 bln three-year credit line to X5 Retail Group to ...   read more
Amstor to Anchor Kiev Shopping Mall
December 16, 2011, 13:53, (Property Xpress) - Amstor group of companies, developing a network of grocery stores in Ukraine, has rented 8,000 sq. m of space ...   read more
Sberbank Opens RUB 2.5 Bln Credit Line to Developer
December 16, 2011, 13:41, (Property Xpress) - A Moscow-based real estate development group has reached agreement with Sberbank on opening a RUB 2.5 bln ...   read more
Epicenter-K Sets UAH 1.5 Bln Investment Program, Plans IPO
December 16, 2011, 13:15, (Property Xpress) - Kiev-based Epicenter-K, developing a network of construction materials stores in Ukraine, plans to invest ...   read more
VEB to Provide RUB 16 Bln to Five Construction Projects
December 16, 2011, 12:44, (Property Xpress) - Russia’s state-owned Vnesheconombank (VEB) will consider providing RUB 16 bln of loan finance to five ...   read more
Belgrade Nikola Tesla Airport to Undergo Major Renovation
December 16, 2011, 12:15, (Property Xpress) - Serbia’s Belgrade Nikola Tesla Airport has started a major, four-phase renovation program. The project calls ...   read more
Piterland Shopping Mall to Open in Spring’2012
December 16, 2011, 11:43, (Property Xpress) - The opening of Piterland shopping and entertainment center, one of the largest in the city of St. Petersburg, ...   read more
Luxury Hotel Planned for Croatia
December 16, 2011, 11:04, (Property Xpress) - A new luxury hotel with 300 rooms, concert hall with a capacity of between 600 and 1,300 seats, conference ...   read more
Sponda to Invest EUR 300 mln in Russian Real Estate
December 16, 2011, 9:58, (Property Xpress) - Finnish investment company Sponda is ready to invest about EUR 300 mln in commercial real estate in Russia, ...   read more
ESTA Holding Acquires 50 Pct Share in Leonardo Business Center
December 16, 2011, 9:31, (Property Xpress) - Ukrainian ESTA Holding, controlled by Rinat Akhmetov, has become sole owner of the second stage of Leonardo ...   read more
AFI Development Acquires Stake in AFIMall Parking
December 16, 2011, 9:08, (Property Xpress) - AFI Development, the Russian real estate arm of Africa-Israel Investments, today announced its subsidiary ...   read more
Update: Investor Sells Romanian Assets at Substantial Loss
December 16, 2011, 8:50, (Property Xpress) - An investment company focused on retail properties in Central and Eastern Europe has sold a shopping center ...   read more
Cottage Village Construction to Start in Mid-December
December 15, 2011, 16:21, (Property Xpress) - An agreement on a joint investment in construction of a low-rise village on the shores of Mozhaisky reservoir ...   read more

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