St. Petersburg to See Wolkonsky and Le Pain Quotidien Café Openings
August 05, 2010, 8:37, (Property Xpress) - Two international networks of bakery-cafes will enter the St. Petersburg market this year, i.e. the French ...   read more

Mirax in Talks to Share Moscow Project
August 05, 2010, 7:41, (Property Xpress) - Mirax Group may share its assets with investors. Part of its office and residential project next to Mirax ...   read more

Nomos-Bank Loses 12.5 Pct Share in PIK Group
August 04, 2010, 15:10, (Property Xpress) - On Wednesday, August 4, the Moscow’s Ninth Arbitration Court of Appeals overturned the decision of the ...   read more

St. Petersburg to Auction Historic Property in September
August 04, 2010, 14:11, (Property Xpress) - St. Petersburg city government will auction the lease rights to the premises of a monument of federal ...   read more

Moscow to Sell Lease Rights for Mixed-use Building Development
August 04, 2010, 12:34, (Property Xpress) - Moscow city authorities will auction the right to conclude a three year lease of land for construction of a ...   read more

Knauf to Invest EUR 100 mln in Plant Expansion
August 04, 2010, 11:48, (Property Xpress) - German concern Knauf is considering allocating EUR 100 mln for expansion of its paperboard production facility ...   read more

Srednerussky Bank of Sberbank Provides Funds for Shopping Mall in Tula
August 04, 2010, 9:58, (Property Xpress) - The Srednerussky Bank of Sberbank of Russia has signed an agreement on opening a credit line to local ...   read more

Raven Russia Sells Warehouse Property for USD 42 mln
August 04, 2010, 8:53, (Property Xpress) - Raven Russia, a property company focusing on investments in Russian warehouses, announced on Wednesday, it has ...   read more

VTB Bank to Create Real Estate Development Company
August 04, 2010, 8:39, (Property Xpress) - Russia’s state-controlled VTB Bank will create one of the largest real estate development companies in the ...   read more

Rezidor Adds Park Inn Veliky Novgorod to its Portfolio
August 04, 2010, 7:11, (Property Xpress) - The Rezidor Hotel Group today announced it will open a Park Inn Hotel in Veliky Novgorod. The former Beresta ...   read more

Austrian Company to Pour EUR 25 mln in Ski Infrastructure
August 03, 2010, 12:53, (Property Xpress) - An Austrian company will invest EUR 25 mln to build ski infrastructure on 14 ha of land in the Russian ...   read more

VEB Lends RUB 4.5 Bln for Furniture Factory
August 03, 2010, 11:05, (Property Xpress) - A Russian furniture producer and retailer will invest RUB 5.5 bln in building an industrial unit in the city ...   read more

Tehnosila Files for Bankruptcy
August 03, 2010, 10:04, (Property Xpress) - Russia’s third largest home appliance retailer Tehnosila has filed a bankruptcy request. Late last week, the ...   read more

Golden Park Mall to Open in October
August 03, 2010, 8:35, (Property Xpress) - The 30,000 sq. m Golden Park shopping mall will officially open in Novosibirsk on October 15, this year, said ...   read more

Moscow Sets Deadline for Design Work Completion
August 03, 2010, 7:44, (Property Xpress) - Moscow city authorities have set a deadline for completion of the design work and obtaining a building permit ...   read more

Adidas to Develop Own Network in Russia, Ukraine
August 02, 2010, 14:26, (Property Xpress) - The world’s second largest sportswear manufacturer Adidas will focus on developing its own networks in ...   read more

G.M.R. Planet of Hospitality Launches New Coffee Shop Chain
August 02, 2010, 13:13, (Property Xpress) - Russia’s restaurant holding G.M.R. Planet of Hospitality is launching a new network of own coffee shops, ...   read more

Russian Airport Sells Hotel and Terminal Buildings
August 02, 2010, 12:09, (Property Xpress) - A Russian airport has placed two properties for sale, including a terminal building of 1,559 sq. m and ...   read more

Design Approved for Two Five Star Hotels in Sochi
August 02, 2010, 11:19, (Property Xpress) - The architectural committee of the State Corporation Olympstroy has approved draft plans for two five star ...   read more

Skolkovo Innovation Center Announces Tender
August 02, 2010, 10:08, (Property Xpress) - The management company for the Skolkovo innovation center project has announced a tender to select an urban ...   read more

Victoria Receives Green Light to Acquire Semeynaya Kopilka
August 02, 2010, 8:49, (Property Xpress) - The Federal Antimonopoly Service of the Russian Federation (FAS) has approved the request of Victoria Group to ...   read more

Finstroy to Commission 48,000 Sq. m of Commercial Real Estate
August 02, 2010, 7:45, (Property Xpress) - Finstroy, formerly known as Finstar Properties, intends to complete construction of two shopping centers in ...   read more

St. Petersburg to Auction Land for 400,000 Sq. m Housing Project
July 30, 2010, 12:40, (Property Xpress) - St. Petersburg city government has received a package of documents for the sale of three plots of land of over ...   read more

Itera to Pour USD 115 mln in Sochi Office Building
July 30, 2010, 11:36, (Property Xpress) - International group of companies Itera plans to invest more than USD 115 mln in building an office for the ...   read more

Morton Group Prepares to Start Project in Zelenograd
July 30, 2010, 10:47, (Property Xpress) - Moscow developer Morton Group has completed preparatory work on a project in Zelenograd, being implemented ...   read more