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AFI Palace Cotroceni Value Rises to EUR 430 mln
December 02, 2015, 13:11, (Property Xpress) - AFI Europe’s AFI Palace Cotroceni shopping and entertainment center in Bucharest generated gross income of ...   read more
Mixed-use Complex Commissioned in Moscow
December 02, 2015, 11:55, (Property Xpress) - Moscow’s Committee for State Construction Supervision (Mosgosstroynadzor) has issued permission to OOO ...   read more
Sberbank Opens RUB 1.2 Bln Credit Line to RDI Group
December 02, 2015, 11:54, (Property Xpress) - The Moscow Bank of Sberbank of Russia has opened a RUB 1.2 bln three-year credit line to RDI Group to fund ...   read more
Contractor Selected for 24,000 Sq. m Shopping Center in Croatia
December 02, 2015, 11:28, (Property Xpress) - A general contractor has been selected for construction of a 24,000 sq. m shopping center in Croatia. ...   read more
South African Real Estate Investment Firm Expands into the Balkans
December 02, 2015, 11:20, (Property Xpress) - A South African real estate investment and development firm has acquired a share in a EUR 260 mln property ...   read more
BIN Group Acquires Moscow Sheraton Palace Hotel
December 02, 2015, 9:44, (Property Xpress) - BIN Group, owned by Mikhail and Sait-Salam Gutseriev and Mikhail Shishkhanov, has purchased the premium ...   read more
Montante Group to Invest EUR 10 mln in Macedonia
December 02, 2015, 9:27, (Property Xpress) - Italian multinational company Montante Group has signed an investment agreement with the Macedonian government ...   read more
Immofinanz Sees Room for 12 Retail Parks in Serbia
December 01, 2015, 17:15, (Property Xpress) - Austrian real estate investor and developer Immofinanz Group, which has opened a Stop.Shop. retail park in ...   read more
Immofinanz Group: Large Shopping Centers 90 pct Occupied
December 01, 2015, 16:49, (Property Xpress) - Austrian real estate investor and developer Immofinanz Group said its large shopping centers are almost 90 pct ...   read more
Gran Via Borrows RON 40 mln for Bucharest Residential Development
December 01, 2015, 16:07, (Property Xpress) - Spanish real estate developer Gran Via has borrowed RON 40 mln from Libra Internet Bank to cover 65 pct of the ...   read more
Moscow to Auction Novokosino Transport Hub Project in February
December 01, 2015, 15:21, (Property Xpress) - Moscow city authorities have scheduled an auction for February 11 to sell the right to lease land for a term ...   read more
First Carrefour Chain Store in Serbia to Open in 2016
December 01, 2015, 15:06, (Property Xpress) - Carrefour’s franchisee for South East Europe, Greece’s Marinopoulos Group, will open at least two ...   read more
IKEA to Invest RUB 2.0 Bln in Mega Kazan Modernization
December 01, 2015, 13:57, (Property Xpress) - IKEA Centers Russia plans to invest about RUB 2.0 bln in refurbishing its Mega Kazan shopping center. Work is ...   read more
TPG Real Estate Acquires TriGranit
December 01, 2015, 13:45, (Property Xpress) - TPG Real Estate, the real estate arm of global private investment firm TPG, with assets of USD 75 bln, has ...   read more
Yamal LNG Rents 20,000 Sq. m at Moscow Office Building
December 01, 2015, 13:27, (Property Xpress) - Russian natural gas company Yamal LNG has leased more than 20,000 sq. m of space at the A-class ...   read more
GorodOK Second Phase Opens in Ukraine
December 01, 2015, 12:59, (Property Xpress) - The second phase of GorodOK shopping center in Kiev was launched today, with the opening of a Fozzy ...   read more
RAD to Auction Entertainment Center in St. Petersburg
December 01, 2015, 12:10, (Property Xpress) - The Auction House of the Russian Federation (RAD) will hold an auction to sell 100 pct of the shares of OOO ...   read more
Montenegro Prolongs Contract for EUR 210 mln Resort
December 01, 2015, 11:56, (Property Xpress) - The Montenegrin government has prolonged its contract with Northstar company, involving a lease of land on the ...   read more
Kesko to Triple Intersport Chain in Russia
December 01, 2015, 11:11, (Property Xpress) - Finnish retailer Kesko, operating a chain of Intersport sporting good stores, intends to triple its Russian ...   read more
AFI Europe Romania Borrows EUR 6.0 mln from Raiffeisen Bank
December 01, 2015, 10:38, (Property Xpress) - Israeli real estate developer AFI Europe has obtained an additional EUR 6.0 mln loan from Raiffeisen Bank ...   read more
St. Petersburg Increases Height Limit for 85,000 Sq. m Mixed-use Center
December 01, 2015, 9:44, (Property Xpress) - The St. Petersburg Committee for Urban Planning and Architecture has agreed to increase the height limit from ...   read more
FairPlay to Develop Sofia Office Building
December 01, 2015, 9:19, (Property Xpress) - Investment company FairPlay International will build a ten-story office building on the site of the former ...   read more
Innopolis to Seek New Investor for Mixed-use Shopping Center
November 30, 2015, 17:19, (Property Xpress) - The Russian town of Innopolis will be seeking a new investor for construction of a multifunctional shopping ...   read more
Beau Monde Group Rents Space at Kiev Central Department Store
November 30, 2015, 16:37, (Property Xpress) - Beau Monde Group, developing a chain of perfumery and cosmetics stores in Ukraine and a member of Russia’s ...   read more
Moscow to Sell 30 Pct Stake in TSUM to Arkada Holding
November 30, 2015, 16:16, (Property Xpress) - The new owner of one-third of the Moscow Central Department Store (TSUM), i.e. a 12,270 sq. m non-residential ...   read more



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