Austrian Group to Dispose of Development Sites, Plans Income Producing Property Acquisitions
May 28, 2010, 10:56, (Property Xpress) - An Austrian real estate investor and developer said it we will focus on sale of development sites and ...   read more

New Private Equity Fund Set to Invest in Russia and the CIS
May 28, 2010, 10:12, (Property Xpress) - USD 50 mln will be committed to a new private equity fund of funds, aimed to invest in existing equity funds ...   read more

DIY Chain to Enhance Presence in Russia
May 28, 2010, 9:44, (Property Xpress) - A European do-it-yourself retail chain said it will aggressively invest in Russia, to gain a greater market ...   read more

SU-155 Receives RUB 7.0 bln State Guarantee
May 28, 2010, 8:35, (Property Xpress) - SU-155 has received a RUB 7.0 bln state guarantee, said Fedor Sarokvasha, a company representative. According ...   read more

K-Rauta to Appear near Moscow
May 28, 2010, 7:38, (Property Xpress) - Finnish retailer Kesko, operating the DIY network K-Rauta, has selected two sites for its first stores in ...   read more

Basic Element Adjusts Imeretinskaya Riviera Project
May 27, 2010, 15:36, (Property Xpress) - Basic Element, controlled by Oleg Deripaska, has reduced the investment in Imeretinskaya Riviera project by ...   read more

16 Ha Site in Leningrad Region Goes to Auction
May 27, 2010, 12:29, (Property Xpress) - A 16 ha site intended for construction of a 40,000 sq. m outlet/logistics center in the Russian Leningrad ...   read more

400,000 Sq. m Shopping Mall to Open in Moscow
May 27, 2010, 12:11, (Property Xpress) - Russia’s first shopping mall containing an extreme amusement park will open at the intersection of the ...   read more

X5 Earns USD 78.9 mln in Profits in Q1
May 27, 2010, 11:11, (Property Xpress) - X5 Retail Group, Russia’s largest food retailer in terms of sales, posted a net profit of USD 78.9 mln in ...   read more

AST Group to Develop Hotels in Sochi
May 27, 2010, 10:00, (Property Xpress) - AST Group, controlled by Telman Ismailov and state-owned corporation Olympstroy have signed an agreement on ...   read more

VTB Prepares Strategy for Non-core Assets Disposal
May 27, 2010, 8:21, (Property Xpress) - VTB, Russia’s second-biggest bank, which since 2009 has increased the amount of non-core investment ...   read more

Investment Fund Acquires Moscow Office Property
May 27, 2010, 7:49, (Property Xpress) - A real estate investment fund has acquired an office center with a total area of more than 5,000 sq. m, ...   read more

150,000 Sq. m Residential Estate to Appear in Moscow
May 26, 2010, 15:17, (Property Xpress) - A residential complex of 150,000 sq. m will be built on a 7.9 ha lot at Narvskaya Street in the Northern ...   read more

Tolmachevo Airport to Build USD 200 mln Terminal
May 26, 2010, 14:58, (Property Xpress) - Construction of a new passenger terminal at Tolmachevo Airport is estimated at USD 200 mln, said airport CEO ...   read more

Kopeyka Postpones IPO, Plans Bond Issues
May 26, 2010, 12:32, (Property Xpress) - Russian retail house Kopeyka, one of the biggest retailers on the local market, which earlier announced plans ...   read more

X5 Retail Group to Open Hypermarkets in Cheboksary and Kirov
May 26, 2010, 11:03, (Property Xpress) - X5 Retail Group will invest about RUB 400 mln in two hypermarket openings in 2010, in Cheboksary and Kirov, ...   read more

IKEA to Open Mega Center in Ufa in Autumn
May 26, 2010, 10:17, (Property Xpress) - Swedish furniture retailer IKEA has announced it aims to open its Mega shopping center in the Russian city of ...   read more

30,000 Sq. m Shopping Center to Appear in Petrozavodsk
May 26, 2010, 9:11, (Property Xpress) - A 30,000 sq. m shopping and entertainment center will be part of the first stage of a mixed-use center in ...   read more

GVA Sawyer Plans Huge Development in Krasnoyarsk
May 25, 2010, 14:35, (Property Xpress) - GVA Sawyer has begun an integrated development project in Krasnoyarsk, requiring a USD 635 mln investment and ...   read more

Nomos-Bank Forecloses 12.5 Pct Share in PIK Group
May 25, 2010, 13:13, (Property Xpress) - The Moscow Arbitration Court has ruled in favor of the Russian Nomos-Bank to foreclose a mortgaged property ...   read more

Maxi Development Opens Shopping Center in Vologda
May 25, 2010, 12:39, (Property Xpress) - Maxi Development, one of the leading companies in commercial real estate in the Vologda region, opened its ...   read more

SpektrStroy Leases Land for Hotel Project
May 25, 2010, 12:04, (Property Xpress) - Russian company SpektrStroy has received a 0.28 ha land lot on Rogozhsky Val in Moscow, where it plans to ...   read more

Mostotrest to Raise USD 500 mln
May 25, 2010, 10:13, (Property Xpress) - Russia’s largest builder of infrastructure, Mostotrest is preparing an initial public offering (IPO), ...   read more

Neighborhood for 70,000 People Planned for Sochi
May 25, 2010, 8:05, (Property Xpress) - A new neighborhood for 70,000 inhabitants will be built in Sochi for the Olympics-2014, said the Krasnodar ...   read more

Sberbank to Purchase Mirax’s Debt
May 25, 2010, 6:57, (Property Xpress) - Russia’s state-owned Sberbank is in talks with Alfa-Bank to buy the debt of Mirax Group, while Alfa-Bank ...   read more