The Russian Olympic University to Cost USD 500 mln
June 08, 2010, 11:37, (Property Xpress) - The volume of investments in construction of the Russian International Olympic University in Sochi will be USD ...   read more

Sistema-Hals Signs RUB 2.3 Bln Credit Line
June 08, 2010, 9:51, (Property Xpress) - Russian developer Sistema-Hals today announced it has signed a loan agreement with VTB Bank to finance ...   read more

Roza Khutor Signs Agreements with Hotel Operators
June 08, 2010, 9:19, (Property Xpress) - Russian company Roza Khutor, developing the ski resort of the same name near Sochi and part of Interros ...   read more

Yum! Brands Acquires Rostik’s-KFC Restaurant Chain
June 08, 2010, 8:30, (Property Xpress) - US-based Yum! Brands has acquired Rostik’s-KFC restaurant chain from its joint venture partner Rostik Group, ...   read more

Yekaterinburg-City Development Said to Continue
June 07, 2010, 14:27, (Property Xpress) - Yekaterinburg-City business district project, suspended in February 2009, will continue this year, city mayor ...   read more

H&M to Open Second Store in St. Petersburg
June 07, 2010, 12:34, (Property Xpress) - Swedish retailer Hennes & Mauritz AB (H&M) has rented the former premises of Parisiana cinema in St. ...   read more

Maxim Nogotkov to Develop Jewelry Chain in Russia
June 07, 2010, 11:14, (Property Xpress) - Svyaznoy’s major shareholder Maxim Nogotkov has obtained exclusive franchise rights to develop Danish ...   read more

Absolut to Resume 650,000 Sq. m Housing Project near Moscow
June 07, 2010, 10:07, (Property Xpress) - Absolut group of companies plans to resume its neighborhood construction project with a total area of 650,000 ...   read more

RRT Holding Purchases Car Center in St. Petersburg
June 07, 2010, 8:41, (Property Xpress) - Russian RRT Holding has acquired the incomplete General Motors Atlant-M Pulkovo car center in St. Petersburg ...   read more

Update: EUR 150 mln Electric Car Project Announced for Russia
June 07, 2010, 7:49, (Property Xpress) - Gorodskoy Avtomobil (City Car) consortium has filed an application with the St. Petersburg city administration ...   read more

Chinese State Corporations Eye Altai Investment Opportunities
June 04, 2010, 12:45, (Property Xpress) - China State Construction Engineering Corporation (CSCEC) and China National Electronics Import & Export ...   read more

Otdelstroy Commences Second Stage of New Okkervil Project
June 04, 2010, 10:48, (Property Xpress) - Investment and development company Otdelstroy has completed the first construction phase of the read more

Fashion Retailer Glance to Open 70 Stores in 2010
June 04, 2010, 9:49, (Property Xpress) - Fashion stores chain Glance plans to invest EUR 4.5 mln to expand its chain in Russia by 70 to 75 units in ...   read more

OBI to Focus on Chain Development in Russia
June 04, 2010, 8:59, (Property Xpress) - German OBI hypermarket network will launch three stores in Russia this year, said the company’s general ...   read more

Hilton Hotel to Open in Novosibirsk in July
June 04, 2010, 8:01, (Property Xpress) - A four star hotel under the Hilton’s Doubletree brand will open in Novosibirsk in July 2010, said the first ...   read more

Nokia to Join Skolkovo Project
June 03, 2010, 15:13, (Property Xpress) - On June 3, Nokia announced their intention to join the innovative Skolkovo project near Moscow as a ...   read more

Accor to Focus on Economy Class Hotels in Russia and CIS
June 03, 2010, 13:05, (Property Xpress) - French multinational corporation Accor, with more than 4,000 hotels worldwide, plans to open at least 50 new ...   read more

PIK-Kama to Build 12,000 Sq. m of Residential Space in Perm
June 03, 2010, 12:44, (Property Xpress) - PIK-Kama, a subsidiary of Moscow-based property developer PIK Group, plans to begin construction work on Iva ...   read more

Stroyservice to Invest EUR 25 mln in Voronezh Hotel
June 03, 2010, 12:10, (Property Xpress) - Voronezh-based Stroyservice will construct a four star hotel in the center of the city. The cost of the ...   read more

10,000 Sq. m Research Center Planned near Moscow
June 03, 2010, 10:09, (Property Xpress) - A 10,000 sq. m research center will be developed near Moscow. The project is being designed by the US-based ...   read more

Finiex Raises USD 100 mln for Russian Real Estate
June 03, 2010, 9:52, (Property Xpress) - Finiex investment group, recently established by the German businessman Michael Milmann, has persuaded a ...   read more

Finn Flare to Launch 32 Stores by End’2010
June 03, 2010, 9:21, (Property Xpress) - Retail chain Finn Flare intends to open 32 own and franchise stores in Moscow and the regions by the end of ...   read more

Russian Ministry of Defense to Auction Site in St. Petersburg
June 03, 2010, 9:00, (Property Xpress) - The Russian Ministry of Defense has announced an auction to sell a 6,215 sq. m building, next to ...   read more

Sochi to Sell Lease Rights over Seven Sites
June 03, 2010, 7:40, (Property Xpress) - The Sochi property relations department has announced a public auction to sell three-year lease rights over ...   read more

Norman-Vivat Builds Retail Center in Perm
June 02, 2010, 15:14, (Property Xpress) - Group of companies Norman-Vivat, the largest retailer in Perm, has begun construction work on a one-story, ...   read more