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Russian Post to Invest USD 460 mln in Sorting Centers
May 14, 2009, 10:02, (Property Xpress) - Russian postal services operator Russian Post plans to invest USD 460 mln in development of 40 automated ...   read more
Ru Development Quits EUR 300 Mln Projects in Krasnodar
May 14, 2009, 9:28, (Property Xpress) - Russian company Ru Development, owned by Oleg Deripaska’s Rainco, has decided to quit over EUR 300 mln worth ...   read more
Mirax to Develop Disco Club instead of Aqua Park in Montenegro
May 14, 2009, 9:04, (Property Xpress) - The biggest aqua park project in the Balkans, initially planned for Toplic Hill near Budva, Montenegro has ...   read more
International Retailer to Anchor EUR 70 mln Shopping Mall in Romania
May 14, 2009, 8:45, (Property Xpress) - An international retailer has announced its plan to anchor a new shopping mall in Romania. The mayor ...   read more
USD 350 mln Scheme Put on Hold in Perm
May 14, 2009, 7:42, (Property Xpress) - One of the biggest development projects in Perm, requiring an investment of USD 300 to 350 has been postponed ...   read more
Foreign Developer Postpones Romanian Projects
May 14, 2009, 7:36, (Property Xpress) - A foreign developer, active in shopping and entertainment complexes development has announced that it will ...   read more
Russian JV Set up For USD 400 Residential Development
May 14, 2009, 7:22, (Property Xpress) - Two Russian companies have created a joint venture to carry out a USD 400 mln residential district project in ...   read more
Four Cottage Villages Put for Sale Around Moscow
May 13, 2009, 14:47, (Property Xpress) - Management company Finance and Realty has presented four new cottage villages in the Moscow region on the ...   read more
St. Petersburg OK’s New Residential District
May 13, 2009, 14:34, (Property Xpress) - The government of St. Petersburg has approved the survey and development works of the A10 quarter in the ...   read more
USD 200 mln Mall Project Put on Hold in Yekaterinburg
May 13, 2009, 13:56, (Property Xpress) - Management company Mall Management has frozen development of their second shopping and entertainment complex ...   read more
Foreign Investor to Develop Large-Scale Project in Bulgaria
May 13, 2009, 13:28, (Property Xpress) - A CEE property developer said it plans to develop a large-scale complex in Bulgaria and is looking for a ...   read more
Barlinek Halts Russian Factory Project
May 13, 2009, 13:19, (Property Xpress) - Natural wooden floors producer Barlinek, has postponed plans to build a plywood factory in Russia, but is ...   read more
Tender for Trade Fair Extended in Belgrade, Serbia
May 13, 2009, 12:36, (Property Xpress) - Serbian Privatization Agency has announced that the tender for selling the controlling package of the capital ...   read more
Sberbank Allocates USD 12.5 mln for Residential Development
May 13, 2009, 12:28, (Property Xpress) - Russian state-controlled Sberbank will allocate USD 12.5 mln for construction of the residential compound of ...   read more
Commerzbank Relocates Romanian Headquarters
May 13, 2009, 11:58, (Property Xpress) - German Commerzbank has relocated its headquarters in Romania, from the Piata Unirii zone near Victory Square ...   read more
PIK Swings to USD 1.13 bln Net Loss in 2008
May 13, 2009, 11:42, (Property Xpress) - Russian residential property developer OAO PIK Group turned in a USD 1.13 bln net loss in 2008, compared with ...   read more
EUR 200 mln Bucharest Shopping Scheme to Open in October
May 13, 2009, 11:32, (Property Xpress) - A EUR 200 mln commercial complex in the northern part of Bucharest will open in October, representatives of ...   read more
RAN-Estate to Spend USD 12 mln for Business Center
May 13, 2009, 11:28, (Property Xpress) - RAN-Estate, affiliated with St. Petersburg-based alcoholic beverage producer Ladoga, plans to invest USD 10 to ...   read more
Reconstruction of Hotel Moscow to be Complete in 2011
May 13, 2009, 10:53, (Property Xpress) - The opening of the Moscow Hotel, postponed several times since 2007, will take place in 2011, Deputy Mayor, ...   read more
Sixth Element Aligns in Odessa Commercial Corridor
May 13, 2009, 10:43, (Property Xpress) - The first phase of the specialized furniture complex ‘Sixth Element’ will open on June 25 at the 6th km on ...   read more
Buyer Sought for Historic Building in Bucharest
May 13, 2009, 10:27, (Property Xpress) - Copper Beech has announced it is looking for a buyer of a historic building in downtown Bucharest. The ...   read more
St. Petersburg Gives Green Light for Two Hotels
May 13, 2009, 10:26, (Property Xpress) - The government of St. Petersburg has approved projects for a hotel and recreational facility complex and one ...   read more
50,000 Sq. m Scheme to Rise in Downtown Moscow
May 13, 2009, 9:08, (Property Xpress) - A 51,600 sq. m hotel and business complex will be developed on Sadovnicheskaya Street in central Moscow, a ...   read more
Roses Fashion Outlet Adds 9,000 sq. m GLA
May 13, 2009, 9:06, (Property Xpress) - Outlet center Roses Fashion in Svet Kriz Zacretje, Croatia will start construction work on the second section ...   read more
Developer to Spend EUR 30 mln in Romania
May 13, 2009, 8:38, (Property Xpress) - A real estate company, developer of a business complex in Bucharest’s Pipera zone, will obtain EUR 30 mln ...   read more

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