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OPIN Acquires Marina Roschta Plaza
June 29, 2010, 8:55, (Property Xpress) - Russian development company Open Investments (OPIN) has acquired 100 pct of the share capital of OOO Marina ...   read more
Ukraine to Break Lease Contract for President Hotel
June 29, 2010, 8:30, (Property Xpress) - Ukrainian state administration intends to break a lease agreement for the President Hotel in Kiev, signed with ...   read more
Japanese Firm to Pour up to USD 33 mln in Russian Plant
June 29, 2010, 7:58, (Property Xpress) - A Japanese firm is planning to invest between JPY 2.0 and 3.0 bln (USD 22 and 33 mln) in construction of a ...   read more
25,000 Sq. m Mixed-use Building Commissioned in Sofia
June 29, 2010, 7:30, (Property Xpress) - A Sofia-based development company has been granted authorization for use of its commercial and residential ...   read more
Erick van Egeraat Wins Design Competition in Moscow
June 28, 2010, 14:17, (Property Xpress) - A joint project of Mosproject-2 and Erick van Egeraat architectural bureau has won the international ...   read more
MBRD Opens RUB 655 Mln Credit Line to Developer
June 28, 2010, 14:03, (Property Xpress) - Moscow Bank for Reconstruction and Development (MBRD) will provide an 18-month, RUB 655 mln credit line to the ...   read more
USD 12 mln Clinic Project Breaks Ground in Macedonia
June 28, 2010, 13:44, (Property Xpress) - Last week, the foundation stone was laid for a private ophthalmology clinic in the Skopje Gyorche Petrov area. ...   read more
Glavstroy SPb to Develop Severnaya Dolina by 2017
June 28, 2010, 12:49, (Property Xpress) - Glavstroy SPb, part of Basic Element group, plans to complete construction of its Severnaya Dolina (North ...   read more
Trans Balkan Investments to Sell Iztok Cinema for EUR 1.8 mln
June 28, 2010, 11:47, (Property Xpress) - Pelican company, a wholly owned subsidiary of the UK-based Trans Balkan Investments, formerly known as Equest ...   read more
Hyatt Likely to Operate Vladivostok Five Star Hotel
June 28, 2010, 11:28, (Property Xpress) - Two mixed-use hotel developments are being carried out in Vladivostok, to welcome participants and guests of ...   read more
Idea Retail Chain Purchases Belgrade Cinema Theaters
June 28, 2010, 10:56, (Property Xpress) - Croatian businessman Ivica Todoric, owner of Agrokor retail chain, has bought Jadran cinema theater in ...   read more
Construction on Residential Tower Resumed in Kazan
June 28, 2010, 10:15, (Property Xpress) - The Lazurnie Nebesa skyscraper on Patrice Lumumba Street in Kazan will be completed in the second half of ...   read more
Verdispar to Develop Logistics Hubs in Croatia
June 28, 2010, 9:43, (Property Xpress) - Norwegian developer Verdispar has decided to change its development direction for Croatia and apart from ...   read more
Green Park Wins Fond RGS Auction
June 28, 2010, 9:04, (Property Xpress) - Green Park company has won an auction organized by the Russia‚Äôs federal fund to promote housing construction ...   read more
Developer to Obtain Funding for More Romanian Projects
June 28, 2010, 8:46, (Property Xpress) - Having successfully launched its first investment project in the Romanian market, Israeli-based real estate ...   read more
Russian Developer to Seek LSE Main Market Listing
June 28, 2010, 7:57, (Property Xpress) - A Russian property investment and development company, with a portfolio exceeding one million sq. m of ...   read more
ECDC to Focus on Completing Assets under Development
June 28, 2010, 7:39, (Property Xpress) - European Convergence Development Company (ECDC), focused on investing in commercial, retail and industrial ...   read more
St. Petersburg to Sell Land on Krestovsky Island
June 25, 2010, 14:25, (Property Xpress) - The Property Fund of St. Petersburg has announced an auction to sell a 3,570 sq. m building and adjacent land ...   read more
Mega Image Increases Share Capital by 42 Pct
June 25, 2010, 14:05, (Property Xpress) - Romanian Mega Image Company, part of Delhaize Group, has raised its capital by 42 pct, from RON 91.806 to RON ...   read more
EUR 6.5 mln to Fund Retail Expansion in Bosnia and Herzegovina
June 25, 2010, 14:00, (Property Xpress) - A Bosnia and Herzegovina-based grocery retail chain has signed a EUR 6.5 mln credit line, to expand its ...   read more
Riviera Shopping City Third Stage Opened
June 25, 2010, 13:29, (Property Xpress) - The third and final phase of the 80,000 sq. m Riviera Shopping City in Odessa, Ukraine has been officially ...   read more
Yugzhilstroy Develops Housing Estate in Rostov-on-Don
June 25, 2010, 12:02, (Property Xpress) - Russian construction company Yugzhilstroy is carrying out a housing project on its own land lot of 7.36 ha, ...   read more
Foreign Investor Loses Court Decision in Macedonia
June 25, 2010, 11:50, (Property Xpress) - Yesterday, the Macedonian Constitutional Court annulled a 2007 decision of the Municipality Council of ...   read more
Sistema-Hals Buys Share in Nevskaya Ratusha Mixed-use Scheme
June 25, 2010, 10:25, (Property Xpress) - Russian developer Sistema-Hals signed a USD 80 mln loan agreement with VTB Bank this April, according to a ...   read more
Developer May Lose Sofia Office Asset
June 25, 2010, 10:08, (Property Xpress) - An Israeli property development and investment company may record a loss of EUR 3.2 mln due to an investment ...   read more

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