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Lotte in Talks to Start St. Petersburg Development Project
October 19, 2011, 8:02, (Property Xpress) - Korea’s Lotte, owner of several Moscow properties, including an A-class business center, five star hotel and ...   read more
Botosani Uvertura Mall to Open in October 2012
October 19, 2011, 7:33, (Property Xpress) - Iasi-based Moldova Universal, controlled by Danut Prisecariu, has invested EUR 15 mln for construction of its ...   read more
Large-Scale Industrial Project Breaks Ground in Macedonia
October 18, 2011, 15:40, (Property Xpress) - A US-based company has laid the foundation stone for an industrial facility in the Macedonian Stip industrial ...   read more
Industrial Platforms to Free Space in St. Petersburg City Center
October 18, 2011, 15:21, (Property Xpress) - A relocation process of industrial platforms in the St. Petersburg city center could begin this year with the ...   read more
Promo Seconda to Spend EUR 6.0 mln on Residential Construction
October 18, 2011, 14:06, (Property Xpress) - Italian company Promo Seconda will invest about EUR 6.0 mln in a new residential complex in Chitila, with ...   read more
Azimut Hotels to Renovate Property Portfolio
October 18, 2011, 12:58, (Property Xpress) - Russian hospitality group Azimut Hotels plans to upgrade a number of rooms in its hotels in the near future, ...   read more
RPF Development Starts Bucharest Housing Project
October 18, 2011, 12:45, (Property Xpress) - Real estate developer RPF Development, working in partnership with Europa Capital, an investment fund ...   read more
Starwood Adds Moscow Airport Hotel to Russian Portfolio
October 18, 2011, 12:26, (Property Xpress) - Starwood Hotels & Resorts has announced signing an agreement with OOO Otdelstroy-Invest to open a Sheraton ...   read more
Croatian Hotel to Undergo EUR 5.0 mln Renovation
October 18, 2011, 12:03, (Property Xpress) - A four star hotel on the Dalmatian Adriatic coast will undergo an extensive refurbishment project. Plaza Hotel ...   read more
EBRD: Growth in Russia to Remain Strong
October 18, 2011, 11:39, (Property Xpress) - Growth in Russia will remain reasonably strong particularly in the run-up to elections in 2012 and output ...   read more
EBRD: Emerging Europe’s Growth under Threat from Eurozone Crisis
October 18, 2011, 11:25, (Property Xpress) - The EBRD is predicting a slow-down in emerging Europe’s economic growth next year with the continuing ...   read more
Update: Hilton Worldwide Secures 15 New Openings in Russia
October 18, 2011, 10:24, (Property Xpress) - Hilton Worldwide will open four new hotels in Russia in the coming years. In addition, the chain has signed a ...   read more
Romanian Shopping Mall Signs Lease Deal with Anchor
October 18, 2011, 9:49, (Property Xpress) - A shopping and entertainment center project in Romania has signed a 10-year lease agreement with an anchor ...   read more
VEB-Invest to Add New Component to Sibirsky Mall
October 18, 2011, 9:12, (Property Xpress) - VEB-Invest, owner of Sibirsky Mall (Siberian Mall) shopping and entertainment center in Novosibirsk, has ...   read more
Sale of Unfinished Building Fails in Shumen, Bulgaria
October 18, 2011, 8:43, (Property Xpress) - The deal for the sale of the abandoned Commercial House building in the city center of Shumen failed ...   read more
OTP Bank Russia to Transfer Bad Debt to Parent Company
October 18, 2011, 7:59, (Property Xpress) - OTP Bank Russia is planning to transfer part of the bad debt of Gallery Krasnodar to its parent company, ...   read more
Hotels, Villas, and Golf Course Planned for Lustica Peninsula
October 18, 2011, 7:38, (Property Xpress) - Tivat Municipal Council yesterday adopted four planning documents, with two of them related to the future ...   read more
EUR 230 mln Retail Network Development Planned for Russia
October 17, 2011, 16:07, (Property Xpress) - About EUR 230 mln will be spent on retail network development in the Moscow region by a European hypermarket ...   read more
Kika to Build New Store in Croatia
October 17, 2011, 15:42, (Property Xpress) - Austrian furniture retail chain Kika plans to open a new store in Croatia. The company is negotiating with the ...   read more
Hals-Development Signs 20,000 Sq. m Lease Deal
October 17, 2011, 14:55, (Property Xpress) - Russian real estate developer Hals-Development and Sberbank Technologies have signed a long-term lease ...   read more
Developer to Raise UAH 160 mln for Kiev Residential Project
October 17, 2011, 14:31, (Property Xpress) - A Ukrainian development company plans to raise UAH 162.8 mln through a domestic bond issue by placing bonds of ...   read more
Arab Investors to Join Ski Cluster Project in North Caucasus
October 17, 2011, 14:03, (Property Xpress) - The list of foreign investors in the North Caucasus tourism cluster project can be extended by companies from ...   read more
Agrokor Files Bid to Acquire Majority Stake in Mercator
October 17, 2011, 13:35, (Property Xpress) - Croatian company Agrokor, owned by Ivica Todoric, has filed a non-binding offer for Slovenia’s Mercator. The ...   read more
Hilton Worldwide Secures 15 New Openings in Russia
October 17, 2011, 12:54, (Property Xpress) - Hilton Worldwide has signed four new contracts in Russia. The properties, to be added to the company portfolio ...   read more
Bulgarian Fund Estates to Sell Benchmark Business Center
October 17, 2011, 12:36, (Property Xpress) - Bulgarian Fund Estates REIT, formerly known as Benchmark Fund Estates REIT, has announced a tender to sell its ...   read more

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