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AFK Sistema Hotel Assets Generate Revenue of RUB 2.0 Bln in H1’2017
August 30, 2017, 12:46, (Property Xpress) - AFK Sistema’s hotel assets generated revenues of nearly RUB 2.0 bln in the first half of 2017, a 66.6 pct ...   read more
Hilton Garden Inn Unit to Open in Bucharest in Q4’2017
August 30, 2017, 12:26, (Property Xpress) - The first hotel under the Hilton Garden Inn brand in Romania will open at the end of the year in the capital. ...   read more
DPDgroup Moves Moscow Headquarters
August 30, 2017, 11:21, (Property Xpress) - DPDgroup has consolidated and moved its Moscow offices into LeFort business center, owned by O1 Properties, ...   read more
New Office Building to Break Ground in Bucharest
August 30, 2017, 11:00, (Property Xpress) - Construction is slated to begin next week on a 10,000 sq. m office building in the Bucharest Barbu Vacarescu ...   read more
Hines Postpones Shopping Mall Project in Moscow
August 30, 2017, 10:39, (Property Xpress) - U.S. investment fund Hines has indefinitely postponed construction work on its Sky Mall shopping and ...   read more
Bulgarian Mobile Services Provider to Buy 2,400 Sq.m Office Building
August 30, 2017, 10:17, (Property Xpress) - A Bulgarian mobile services provider has secured finance to purchase a 2,400 sq. m office building in ...   read more
Region Group to Become Co-owner of Ingrad
August 30, 2017, 9:21, (Property Xpress) - Development company OPIN has conducted an additional share placement by public subscription, worth RUB 26 bln, ...   read more
Construction to Start on 35,000 Sq. m Shopping Center in Ukraine
August 30, 2017, 8:34, (Property Xpress) - A 35,000 sq. m shopping and entertainment center will be developed in place of the former ‘Ukraine’ ...   read more
Yurkevich in Court Dispute with Sberbank over Kiev Shopping Center
August 29, 2017, 15:29, (Property Xpress) - Ukrainian businessman Anatoly Yurkevich does not intend to transfer his Magellan shopping center in Kiev to ...   read more
Safmar to Divest Non-core Assets
August 29, 2017, 14:57, (Property Xpress) - Safmar Group, managing the assets of billionaire Mikhail Gutseriev and his family, is selling off a USD 400 ...   read more
Taco Bell to Open First Restaurant in Romania
August 29, 2017, 14:39, (Property Xpress) - Fast food chain Taco Bell will enter the Romanian market this autumn. The brand, part of the Yum! Brands ...   read more
Moscow Gives Nod for Shopping Center Reconstruction Project
August 29, 2017, 14:15, (Property Xpress) - Moscow’s Committee for Architecture and Urban Planning (Moskomarkhitektura) has approved a project involving ...   read more
Piter Concern Puts St. Petersburg Office Property into Operation
August 29, 2017, 12:55, (Property Xpress) - Russian concern Piter, controlled by businessman Nikolay Ponomarev, has put an A-class office complex on ...   read more
Continental to Open Research & Development Center in Sibiu
August 29, 2017, 12:49, (Property Xpress) - Germany’s automotive parts supplier Continental has unveiled plans to open a second research and development ...   read more
Region Estate to Take over Two Shopping Centers in Kemerovo
August 29, 2017, 12:41, (Property Xpress) - Region Estate, controlled by closed-end investment fund Ladoga, will become the new owner of Aurora (16,600 ...   read more
Update: Immochan Romania Acquires Coresi Business Park
August 29, 2017, 12:19, (Property Xpress) - Immochan Romania, the local real estate development division of the French Auchan Group, has closed a deal to ...   read more
Moscow to Select Investor for RUB 27 Bln Development Project
August 29, 2017, 11:53, (Property Xpress) - Through an open competition, Moscow authorities are planning to attract about RUB 22 bln for renewing the ...   read more
Matijevic to Open Four Star Hotel in Belgrade by 2018
August 29, 2017, 11:26, (Property Xpress) - Serbian businessman Petar Matijevic, owner of meat producer and retailer IM Matijevi, will invest a total of ...   read more
Uber Technologies Rents 1,350 Sq. m at Voronezh-City
August 29, 2017, 11:02, (Property Xpress) - Uber Technologies has rented 1,350 sq. m at Galleon business center in Voronezh, a source close to the deal ...   read more
Former US Embassy Buildings Demolished in Serbia
August 29, 2017, 10:49, (Property Xpress) - Demolition work on buildings of the former US embassy in the Serbian capital has been ongoing for more than ...   read more
RWM Capital Interested in Acquiring Moscow Peking Hotel
August 29, 2017, 9:40, (Property Xpress) - Moscow-based private equity investment firm RWM Capital is interested in purchasing the Peking hotel building ...   read more
Auto Parts Supplier to Double Romanian Production Facility
August 29, 2017, 8:58, (Property Xpress) - An auto parts manufacturer is investing EUR 14 mln in expanding its Romanian production facility in the town ...   read more
Update: Elgan Offices Starts Work on Renault Bucharest Headquarters
August 29, 2017, 7:21, (Property Xpress) - Elgan Offices, which is equally owned by investment fund Globalworth, led by businessman Ioannis Papalekas, ...   read more
KHC Interested in Investing in Montenegro’s Tourism
August 28, 2017, 16:14, (Property Xpress) - Saudi Arabia’s Kingdom Holding Company (KHC) has expressed interest in investing in Montenegro’s tourism, ...   read more
MIC Group to Develop 700,000 Sq. m of Real Estate in Moscow Suburbs
August 28, 2017, 15:47, (Property Xpress) - MIC (Mosipoteka) group of companies, controlled by Andrey Ryabinsky, intends to develop two sites at the ...   read more



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