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Update: Retailer to Pursue Balkan Expansion
June 28, 2017, 9:41, (Property Xpress) - An international grocery retailer will invest EUR 400 mln in its expansion in the Balkan countries of ...   read more
Update: Skytower Group to Buy 8.7 Ha Site in Moscow
June 28, 2017, 9:11, (Property Xpress) - Skytower Group, controlled by Pavel Te, one of the shareholders and chairman of the board of Capital Group, ...   read more
Ilpa Development to Open Sofia Office Building in 2018
June 28, 2017, 8:55, (Property Xpress) - Real estate developer Ilpa Development has moved the opening of its Ellipse Center office building in Sofia ...   read more
EUR 100 mln Industrial Facility Set to Open in Romania in 2019
June 27, 2017, 16:56, (Property Xpress) - Around EUR 105 mln will be invested in establishing a new manufacturing facility in Romania by the local ...   read more
170,000 Sq. m Mixed-use Scheme Obtains Building Permit in St. Petersburg
June 27, 2017, 15:51, (Property Xpress) - The State Construction Supervision and Expertise Service of St. Petersburg has issued a permit to AO ...   read more
Building Permit Obtained for Aircraft Maintenance Unit in Sofia
June 27, 2017, 15:19, (Property Xpress) - A building permit has been obtained for a 7,400 sq. m aircraft maintenance unit with office space at Sofia ...   read more
9,000 Sq. m Shopping Center Put into Operation in Aprelevka
June 27, 2017, 14:42, (Property Xpress) - A 9,000 sq. m shopping and entertainment center has been put into operation in Aprelevka, Naro-Fominsk ...   read more
Luxury Hotel Project to Break Ground in Croatia in 2018
June 27, 2017, 13:59, (Property Xpress) - Construction of a luxury hotel on the Croatian Adriatic coast is expected to be launched in 2018. The project ...   read more
Fifth Avenue Shopping Mall to undergo Reconstruction
June 27, 2017, 12:57, (Property Xpress) - The Fifth Avenue shopping and entertainment center on Marshal Biryuzov Street at the intersection with the ...   read more
Esplanade Hotel Zagreb Reports Positive Performance Results
June 27, 2017, 12:45, (Property Xpress) - The historic Esplanade Hotel in Zagreb recorded positive results in three key performance indicators in the ...   read more
Krasnaya Ploshchad Second Phase to Open in Novorossiysk in 2017
June 27, 2017, 11:48, (Property Xpress) - The opening of the second stage of Krasnaya Ploshchad shopping center in Novorossiysk will will take place in ...   read more
Montenegro Expects Tourism Revenue of nearly EUR 1.0 Bln in 2017
June 27, 2017, 11:12, (Property Xpress) - Montenegro has seen a steady rise in tourism in recent years, and revenues of nearly EUR 1.0 bln are expected ...   read more
MIP-Stroy No. 1 Submits Sole Bid for Moscow Metro Project
June 27, 2017, 10:47, (Property Xpress) - MIP-Stroy No. 1, a subsidiary of Mosinzhproekt, has submitted the sole bid for the right to carry out ...   read more
Historic Excelsior Hotel Reopens in Dubrovnik
June 27, 2017, 10:27, (Property Xpress) - After an extensive renovation worth more than HRK 80 mln, Dubrovnik-based Excelsior Hotel, owned by Jadranski ...   read more
Russian Company to Divest Stake in Retail Business
June 27, 2017, 9:13, (Property Xpress) - A Russian majority state-owned company is considering divesting a stake in its retail business, a company ...   read more
Globalworth in Talks to Sign 10,000 Sq. m Lease with Amazon
June 27, 2017, 8:52, (Property Xpress) - Real estate investment fund Globalworth, founded by Greek businessman Ioannis Papalekas, is nearing signing a ...   read more
InterContinental Hotel Ljubljana to Open in August
June 26, 2017, 15:57, (Property Xpress) - The five star InterContinental Hotel Ljubljana in the center of the Slovenian capital will welcome its first ...   read more
Lotos Tower Buildings Commissioned in St. Petersburg
June 26, 2017, 15:22, (Property Xpress) - Moskovsky Dvor, affiliated with ZAO Stremberg, has commissioned two seven-story buildings with a total area of ...   read more
Belgrade Mayor: Metro System Construction to Start in 2020
June 26, 2017, 14:35, (Property Xpress) - Belgrade Mayor Sinisa Mali today announced that construction of the city’s metro system could start in 2020 ...   read more
Building Permit Issued for 30,000 Sq. m Residential Complex in Moscow
June 26, 2017, 12:58, (Property Xpress) - Mosgosstroynadzor has issued a building permit to OOO Best Consulting for a residential complex with a total ...   read more
Update: DoubleTree by Hilton Adds Cluj Napoca Hotel to Portfolio
June 26, 2017, 12:53, (Property Xpress) - The five-star City Plaza Hotel in Cluj-Napoca, owned by Laurentiu Russo, also owner of SoftVision, one of the ...   read more
Building Permit Issued for Outlet Center in Yekaterinburg
June 26, 2017, 12:33, (Property Xpress) - Sverdlovsk region authorities have issued a building permit for a 15,000 sq. m GLA outlet center in ...   read more
Building Permit Obtained for Five-Star Condo Hotel in Montenegro
June 26, 2017, 12:01, (Property Xpress) - Montenegro’s Ministry of Sustainable Development and Tourism has issued a building permit to Budva-based ...   read more
Maxi Development to Open Kirov Shopping Mall in 2019
June 26, 2017, 11:41, (Property Xpress) - Russian real estate developer Maxi Development will open its shopping and entertainment center on 53, ...   read more
Billa Secures New Store Opening in Sofia
June 26, 2017, 11:07, (Property Xpress) - Bulgarian Billa supermarket chain, part of Germany’s REWE Group, plans to open a new store in Sofia, at the ...   read more



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