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Immofinanz Romanian Portfolio Generates EUR 24.6 mln in H1’2017
August 31, 2017, 9:15, (Property Xpress) - Austrian real estate investor and developer Immofinanz Group reported rental income of EUR 24.6 mln in Romania ...   read more
Farid Gershumov Becomes Co-owner of Moscow Hotel Project
August 30, 2017, 16:55, (Property Xpress) - Farid Gershumov has become co-owner of a five-star hotel project in Moscow’s Zaryadye Park. Since August 24, ...   read more
Moscow Company Buys Mostovik Head Office in Omsk
August 30, 2017, 16:36, (Property Xpress) - Moscow-based OOO Florida has bought at auction assets of NGO Mostovik, inclduing the company’s office ...   read more
IKEA Bulgaria Reports Sales of EUR 52 mln in 2016/17 FY
August 30, 2017, 16:00, (Property Xpress) - IKEA Bulgaria, operating the first and only IKEA store in the country, in Sofia, an online store, and pick up ...   read more
Construction Starts on Five Star Hotel in BiH
August 30, 2017, 15:36, (Property Xpress) - Construction work has begun on a five star hotel in the heart of Bosnia and Herzegovina’s capital, on the ...   read more
Developer to Build Light Industrial Park in Moscow
August 30, 2017, 14:24, (Property Xpress) - A Russian real estate developer is launching a light industrial park project in Moscow, the main tenants and ...   read more
Bulgarian Shopping Mall to Change Owners
August 30, 2017, 12:56, (Property Xpress) - A Bulgarian shopping and entertainment center, with a total area of just over 100,000 sq. m, will soon change ...   read more
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



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