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Bucharest Gives Nod to High-Rise Development Project
January 31, 2012, 12:31, (Property Xpress) - Bucharest General Council attended a meeting on Monday with 109 points on the agenda, including 105 local town ...   read more
Paul Heth Eyes New Russian Venture
January 31, 2012, 11:21, (Property Xpress) - American entrepreneur Paul Heth, who founded Kinostar de Lux network of cinemas and sold it last year for ...   read more
Sofia Office Building Acquired for EUR 4.5 mln
January 31, 2012, 11:02, (Property Xpress) - A Bulgarian company has acquired an upgraded office building in downtown Sofia through a complex deal ...   read more
Preliminary Concept Worked out for St. Petersburg Hotel
January 31, 2012, 10:31, (Property Xpress) - A Russian consulting company has prepared a preliminary design concept foreseeing reconstruction and ...   read more
ECDC Provides Updates on Projects in Romania, Bulgaria
January 31, 2012, 9:56, (Property Xpress) - European Convergence Development Company (ECDC), managed by Charlemagne Capital, has provided updates on its ...   read more
LSR Group to Start St. Petersburg Regeneration Project
January 31, 2012, 9:28, (Property Xpress) - LSR Group, the largest St. Petersburg construction company, controlled by Senator Andrei Molchanov, has begun ...   read more
Casino Operator Sells Control over Bucharest Property
January 31, 2012, 8:59, (Property Xpress) - An international casino operator has sold a controlling interest of 51 pct in its Romanian subsidiary, ...   read more
VTB Development to Implement Nevskaya Ratusha Scheme
January 30, 2012, 15:48, (Property Xpress) - VTB Development has become the sole developer of Nevskaya Ratusha multipurpose office and business complex in ...   read more
DCH Outlines Real Estate Development Priorities
January 30, 2012, 14:58, (Property Xpress) - Alexander Yaroslavskiy, president of Kharkov-based Development Construction Holding (DCH), said his real ...   read more
Start to Spend USD 300 mln on Network Development
January 30, 2012, 13:58, (Property Xpress) - Start company, a Russian operator of home improvement and garden stores, is planning to spend about USD 300 ...   read more
Co-Owner of Croatian Shopping Mall in Financial Trouble
January 30, 2012, 13:52, (Property Xpress) - A Croatian shopping center is placing one of its co-owners in financial trouble. The former chairman of the ...   read more
Moscow Extends Term for Luxury Housing Development
January 30, 2012, 13:17, (Property Xpress) - Moscow City Government has extended the reconstruction term for the first construction stage of a housing ...   read more
Delta Holding to Start Belgrade Shopping Mall Project
January 30, 2012, 12:32, (Property Xpress) - Construction of Delta Planet shopping mall will begin in Belgrade’s Autokomanda neighborhood later this year ...   read more
Retailer Acquires 68,000 Sq. m Site in Kazan
January 30, 2012, 12:04, (Property Xpress) - On Wednesday last week, Kazgorduma deputies approved the transfer of a 68,321 sq. m land plot near ...   read more
Raiffeisenbank Rents 2,400 Sq. m at Polygraphia Office Center
January 30, 2012, 11:28, (Property Xpress) - Raiffeisenbank (Bulgaria) EAD has rented 2,400 sq. m of office space at Sofia-based Polygraphia office center ...   read more
Petrocommerce Bank Lends USD 65 mln to Orlenok Hotel
January 30, 2012, 10:50, (Property Xpress) - Russia’s Petrocommerce Bank has opened a seven-year USD 65 mln credit line to Orlenok Hotel Complex, part of ...   read more
Kiev City Allocates Land for Hypermarket
January 30, 2012, 10:27, (Property Xpress) - Kiev City Council has allocated 10-year lease rights over 1.46 ha of land at 12, Zakrevsky Street in ...   read more
Eldorado Acquires Beringov Retail Chain
January 30, 2012, 10:09, (Property Xpress) - Eldorado, the largest Russian retailer of home appliances and electronics by number of stores, has closed a ...   read more
NEPI to Proceed with Three Romanian Development Projects
January 30, 2012, 9:50, (Property Xpress) - South-African investment fund New Europe Property Investments (NEPI) has three Romanian projects in its ...   read more
Ibiza Sol Enters into Insolvency Proceedings
January 27, 2012, 14:04, (Property Xpress) - Ibiza Sol residential project developed by Spanish investors in the Bucharest Pipera area went into insolvency ...   read more
Kievgorstroy Starts Hotel/Housing Project
January 27, 2012, 13:43, (Property Xpress) - Holding company Kyivmiskbud (Kievgorstroy), one of the largest Ukrainian developers, has begun construction of ...   read more
Orchid Developments Announces Investor Interest for Grand Mall
January 27, 2012, 13:30, (Property Xpress) - Orchid Developments, a Bulgaria-focused real estate developer listed on the AIM market of the LSE, today ...   read more
EUR 20 mln Plant Construction to Start in Russia
January 27, 2012, 12:55, (Property Xpress) - A manufacturing facility will be developed by a newly formed, 50:50 pct joint venture between Russian paint ...   read more
European Glass Maker to Build Ukraine Factory
January 27, 2012, 12:27, (Property Xpress) - A European glass manufacturing company has been offered two sites in Dnipro suitable for construction of a ...   read more
Sberbank Wins Foreclosure Ruling in Russian Court
January 27, 2012, 11:47, (Property Xpress) - A Russian arbitration court has ruled in favor of Sberbank to begin foreclosing proceedings against three ...   read more

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