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Contractor Appointed for 50-m Office Building in Sofia
March 22, 2016, 13:48, (Property Xpress) - Construction of a 50-m office building has begun in the Bulgarian capital, as part of the first phase of the ...   read more
French Investors Withdraw from Plans to Build Ski Resort in Bulgaria
March 22, 2016, 13:22, (Property Xpress) - French investors, including Compagnie Des Alpes, Egis, and NP Consulting, have withdrawn from plans to develop ...   read more
Agro-Industrial Park to Appear in Mytishchi
March 22, 2016, 12:39, (Property Xpress) - An agro-industrial park, called Troitse-Seltso, will be built in the Moscow suburban area of Mytishchi by the ...   read more
Building Permit Obtained for 30,000 Sq. m Office Project in Romania
March 22, 2016, 12:25, (Property Xpress) - A building permit has been received for a complex of two office buildings, with a total area of nearly 30,000 ...   read more
Capital Group to Redevelop Moscow ‘House-Book’ Building into Hotel
March 22, 2016, 11:31, (Property Xpress) - Pavel Te, co-owner of real estate developer Capital Group, will invest RUB 6.5 bln to reconstruct one of the ...   read more
19 Design Teams to Compete for EUR 70 mln Resort in Montenegro
March 22, 2016, 11:05, (Property Xpress) - Montenegro’s Ministry of Sustainable Development and Tourism has announced that a seven-member jury, ...   read more
RDIF, Mubadala to Acquire Moscow Warehouse Real Estate
March 22, 2016, 9:57, (Property Xpress) - The Russian Direct Investment Fund (RDIF) and Mubadala Development are nearing signing a deal to acquire PNK ...   read more
Developer to Complete Mixed-use Residential, Shopping Complex in Kiev
March 22, 2016, 9:36, (Property Xpress) - Two 23-story unfinished buildings in Kiev, whose construction began back in 2005, will be completed by real ...   read more
Apart Group Submits Sole Bid for Moscow ‘House-Book’ Building
March 21, 2016, 18:15, (Property Xpress) - Apart Group, affiliated with real estate developer Capital Group, has submitted the sole bid to buy one of the ...   read more
Update: Osram to Build Bulgarian Factory
March 21, 2016, 17:53, (Property Xpress) - Germany’s lighting manufacturer Osram will launch construction of a BGN 45 mln (EUR 23 mln) plant in ...   read more
Lenta Launches Work on New Hypermarket in Tomsk
March 21, 2016, 17:05, (Property Xpress) - St. Petersburg-based retailer Lenta has started construction of its second hypermarket in Tomsk, in the ...   read more
NEST Reports UAH 108 mln Net Loss for 2015
March 21, 2016, 16:35, (Property Xpress) - Kiev-based real estate developer Nedvizhimost Stolitsy (NEST) increased its net loss by 14.4 pct last year ...   read more
VTB Buys Land in Moscow Region
March 21, 2016, 13:56, (Property Xpress) - Russian state-controlled VTB earned RUB 6.6 bln in 2015 as a result of buying land in the Moscow region below ...   read more
NEPI to Open Shopping City Timisoara Mall in Late March
March 21, 2016, 13:54, (Property Xpress) - South African investment fund NEPI will open on March 31 its Shopping City Timisoara Mall, following a EUR 84 ...   read more
AFI Development Posts USD 467 mln Net Loss for 2015
March 21, 2016, 13:53, (Property Xpress) - AFI Development, the Russian development arm of Africa-Israel Investments, has announced its net loss ...   read more
New Industrial Zone Proposed for Mizia, Bulgaria
March 21, 2016, 13:49, (Property Xpress) - The mayor of the Bulgarian town of Mizia has signed a memorandum of cooperation with ‘National Company ...   read more
EUR 50 mln Residential and Business Complex Planned in Arad
March 21, 2016, 13:33, (Property Xpress) - A new residential and business complex will be developed on the former sugar factory site in Arad. Upon ...   read more
600,000 sq. m Business and Residential District Planned for St. Petersburg
March 21, 2016, 12:28, (Property Xpress) - A new business and residential district is planned to be developed in St. Petersburg’s Pushkin district. ...   read more
75,000 sq. m Film-Production and Amusement Park to be Developed in St Petersburg
March 21, 2016, 10:41, (Property Xpress) - VTB Development and Lenfilm Studios have signed an agreement to develop Lenfilm Park, a film-production and ...   read more
IFC to Provide EUR 13.6 mln Loan to Romanian Healthcare Provider
March 21, 2016, 10:04, (Property Xpress) - An environmental and social review summary (ESRS) has been prepared by the International Finance Corporation ...   read more
Far East & Pacific Investments to Build Transport Infrastructure in St. Petersburg
March 18, 2016, 11:59, (Property Xpress) - Far East & Pacific Investments (FEPI), owned by a group of Chinese investors, and the Committee on Investments ...   read more
Woodward to Establish Production Site at Sofia Airport Center
March 18, 2016, 11:57, (Property Xpress) - US-based Woodward has begun to build a plant in Bulgaria, which will produce parts for aircraft manufacturers ...   read more
Immofinanz to Bring VIVO! Brand to Romanian Retail Market
March 18, 2016, 11:48, (Property Xpress) - Austrian Immofinanz Group intends to bring its VIVO! brand to the Romanian retail market. The company plans to ...   read more
NCC to Invest RUB 18.5 Bln in St. Petersburg Residential Complex
March 18, 2016, 11:46, (Property Xpress) - Swedish construction company NCC plans to invest RUB 18.5 bln for construction of a ‘zero-energy’ ...   read more
Renaissance Construction to Build New Terminal, Tunnels at Sheremetyevo Airport
March 18, 2016, 11:42, (Property Xpress) - Turkish Renaissance Construction has won a tender to build a new passenger terminal and two inter-terminal ...   read more



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