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AFI Europe Romania Posts Operating Income Growth in Q1’2016
May 23, 2016, 11:55, (Property Xpress) - Real estate developer AFI Europe received net operating income of about EUR 10.8 mln from its income ...   read more
185,000 Sq. m Apart-Hotel Complex Planned in St. Petersburg
May 23, 2016, 11:19, (Property Xpress) - The State Construction Supervision and Expert Examination Service of the City of St. Petersburg ...   read more
Kermas to Take over Hotel Medena in Croatia
May 23, 2016, 10:56, (Property Xpress) - Kermas Energija (Kermas Energy), owned by Croatian businessman Danko Koncar, has received the green light to ...   read more
Zenden to Acquire Intourist Hotel in Pyatigorsk
May 23, 2016, 9:41, (Property Xpress) - Russian company Zenden is in the process of taking over Intourist Hotel in Pyatigorsk, and along with an ...   read more
Iulius Group and ACI Worldwide Sign Lease Deal for Openville Timisoara
May 23, 2016, 9:22, (Property Xpress) - Romanian real estate developer Iulius Group today announced signing a 3,500 sq. m lease agreement with ACI ...   read more
RDIF to Expand Warehouse Portfolio to 1.0 Mln Sq. m
May 23, 2016, 8:57, (Property Xpress) - The Russian Direct Investment Fund (RDIF) plans to increase its logistics real estate portfolio fivefold - ...   read more
Croatia to Announce Tender for Golf Resort Development
May 23, 2016, 8:38, (Property Xpress) - The Croatian government is expected to soon launch an investment tender for an attractive location in the ...   read more
Mercator Reports Lower Revenue and Profit for Q1’16
May 20, 2016, 12:58, (Property Xpress) - Retail chain Mercator generated revenues of EUR 605 mln in the first three months of the year, 3.8 pct lower ...   read more
Hals-Development Transfers Underground Space in IQ-Quarter to Moscow City
May 20, 2016, 12:42, (Property Xpress) - Real estate developer Hals-Development has transferred underground premises with a total area of more than ...   read more
Belgrade to Auction Land for Spa Complex
May 20, 2016, 12:22, (Property Xpress) - There are still four days to the deadline for bids for the alienation of land intended for construction of a ...   read more
VTB to Sell Hals-Development Assets
May 20, 2016, 11:34, (Property Xpress) - Russian banking group VTB does not intend to sell Hals-Development. Instead, it is planning to sell some of ...   read more
Izet Rastoder Acquires Stozice Center in Ljubljana
May 20, 2016, 10:59, (Property Xpress) - Ljubljana businessman Izet Rastoder has concluded a contract with Slovenia’s Bank Asset Management Company ...   read more
MDM Bank Initiates Bankruptcy Proceedings against Shkipersky Mall
May 20, 2016, 10:25, (Property Xpress) - MDM Bank has filed a lawsuit on bankruptcy against OOO Shkipersky Mall, owner of a 21,000 sq. m shopping ...   read more
Flanco to Open 10,000 Sq. m Bucharest Logistics Center in Autumn
May 20, 2016, 9:41, (Property Xpress) - Electro-IT retailer Flanco has signed a lease agreement with logistics services provider KLG Europe Logistics ...   read more
Bulgari to Open Moscow Hotel
May 20, 2016, 8:55, (Property Xpress) - Italian jeweler Bulgari, along with its partner Marriott International, will open a Bulgari hotel in Moscow. ...   read more
Johnson Controls Launches Construction of Third Macedonia Plant
May 20, 2016, 8:28, (Property Xpress) - Automotive systems and components manufacturer Johnson Controls has launched construction of a third plant in ...   read more
Riga Mall to Open in Q3’2016
May 19, 2016, 16:10, (Property Xpress) - Riga Mall shopping and entertainment center is scheduled to open in the third quarter of 2016 in the ...   read more
Construction of 11,000 Sq. m Condominium Hotel to Start in Montenegro in 2016
May 19, 2016, 15:23, (Property Xpress) - A real estate developer is planning to start construction of a condominium hotel in Montenegro in ...   read more
Diamond Fortune Mulls Four New Projects in Primorye Gambling Zone
May 19, 2016, 12:58, (Property Xpress) - Diamond Fortune Holdings plans to develop four new casino resorts in Russia’s Primorye gambling zone. The ...   read more
Heli Hotel to Build 100-Room Hotel in Croatia
May 19, 2016, 12:47, (Property Xpress) - Heli Hotel, a company founded by Russian investors in Croatia, is planning to begin construction of a hotel in ...   read more
Update: AFI Development to Transfer Assets to VTB to Pay Off Debt
May 19, 2016, 12:23, (Property Xpress) - Lev Leviev’s AFI Development may pay off loans totaling USD 611 mln to VTB by transferring several ...   read more
Iulius Group Opens Iasi Office Building
May 19, 2016, 11:47, (Property Xpress) - Iulius Group, controlled by Romanian businessman Iulian Dascalu, has opened its United Business Center ...   read more
Sistema Capital Partners Takes over Arista Fund
May 19, 2016, 11:14, (Property Xpress) - Sistema Capital Partners (SCP), created by AFK Sistema, has taken control of Arista Fund, one of the partners ...   read more
Mesopromet to Build Four Star Hotel in Montenegro
May 19, 2016, 10:53, (Property Xpress) - Bijelo Polje-based Mesopromet will build a hotel in Ulcinjsko Polje, in Montenegro’s Ulcinj area. "We have ...   read more
Pharmaceutical Firm Expands Moscow Storage Capacity
May 19, 2016, 9:51, (Property Xpress) - A Russian pharmaceutical company is expanding its storage capacity in the Moscow suburbs, in the town of ...   read more



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