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Merry Christmas and Happy New Year from Property Xpress!
December 25, 2014, 8:37, (Property Xpress) - Property Xpress is taking a break over the Christmas holidays, so we will not be running any news stories or ...   read more
Mimoza Hotel Sale Approved in Montenegro
December 23, 2014, 13:01, (Property Xpress) - HTP Mimoza will sell the oldest hotel in Tivat, Mimoza, which was built back in 1958. The sale was approved at ...   read more
68,000 Sq. m Shopping Center Development Approved in Moscow
December 23, 2014, 12:21, (Property Xpress) - A VTB structure will build a shopping center in place of Kuntsevsky market in the west of Moscow, ...   read more
MonArch Starts Moscow Mixed-use Project
December 23, 2014, 11:52, (Property Xpress) - Moscow-based MonArch group of companies is launching a new multifunctional project, Khoroshevsky, near ...   read more
Hercesa to Develop Office Building in Romania
December 23, 2014, 11:16, (Property Xpress) - Spanish real estate developer Hercesa could start next year an office project on land it owns near Unirii ...   read more
ADG Group and PPF Real Estate to Cease Cooperation
December 23, 2014, 10:49, (Property Xpress) - ADG Group, controlled by the Pecherskiy brothers Mikhail and Grigoriy, and PPF Real Estate will no longer ...   read more
Watsons to Roll out 100 Stores in Ukraine in 2015
December 23, 2014, 10:08, (Property Xpress) - A.S. Watson Group, owner of Ukrainian Watsons health & beauty retail chain (formerly ‘DC’), plans to ...   read more
Hines and PPF Withdraw from Negotiations for Moscow Office Buildings
December 23, 2014, 9:25, (Property Xpress) - Real estate companies Hines and PPF Group have withdrawn from negotiations to purchase two office buildings in ...   read more
Tiriac Imobiliare Starts Work on Bucharest Office Building
December 23, 2014, 9:07, (Property Xpress) - Tiriac Imobiliare, controlled by Romanian businessman Ion Tiriac, has started work on an office building in ...   read more
IT Firm Acquires 12,000 Sq. m of Office Space in Novosibirsk
December 22, 2014, 13:59, (Property Xpress) - Russian IT-company 2GIS has acquired 12 floors, or about 12,000 sq. m of office space, at ‘Sun City’ ...   read more
Globalworth Acquires Bucharest Office Building for EUR 43 mln
December 22, 2014, 13:49, (Property Xpress) - Globalworth Real Estate, founded and led by Greek businessman Ioannis Papalekas, today announced the ...   read more
Lotte Group to Acquire St. Petersburg Apart-Hotel Project
December 22, 2014, 13:41, (Property Xpress) - South Korean Lotte Group may acquire an apart-hotel project located at Isaakievskaya Ploshchad (St. Isaac’s ...   read more
Attractive Land Asset in Montenegro Sold for EUR 7.0 mln
December 22, 2014, 13:21, (Property Xpress) - The Commercial Court of Podgorica has sold at auction an attractive land complex in Montenegro, i.e. the ...   read more
Hilton in Talks for New Russian Hotel
December 22, 2014, 12:06, (Property Xpress) - A Russian real estate developer expects to attract Hilton hotel chain as operator of its hotel project, ...   read more
Croatia Reaches Agreement with Orco Property Group
December 22, 2014, 11:21, (Property Xpress) - The Croatian government has announced it has signed a memorandum of understanding with Luxembourg-registered ...   read more
Gazprombank Invests RUB 1.8 Bln in St. Petersburg Office Center
December 22, 2014, 10:45, (Property Xpress) - Gazprombank’s subsidiary Gazprombank-Invest is investing about RUB 1.8 bln in building a business center, ...   read more
Tishman to Pour EUR 30 mln into Sofia Airport Center Expansion
December 22, 2014, 10:16, (Property Xpress) - Tishman International Companies, which last year completed an office building as part of its investment in ...   read more
Impact Developer& Contractor Borrows RON 18 mln
December 22, 2014, 9:12, (Property Xpress) - Romanian real estate company Impact Developer & Contractor (IMP), which is 49 pct controlled by local ...   read more
MirLand Suspends Payments on Bonds due to Russian Crisis
December 22, 2014, 8:32, (Property Xpress) - Israel’s MirLand Development Corporation, investing in Russian real estate, has decided to defer the payment ...   read more
Russian City to Sell Land for Commercial Real Estate
December 18, 2014, 13:22, (Property Xpress) - A Russian city will auction two land plots for construction of commercial real estate - shopping centers and ...   read more
Hercesa Sells Bucharest Land Plot to Local Developers
December 18, 2014, 13:09, (Property Xpress) - Spanish Hercesa has sоld a 13,000 sq. m land plot in the Basarab Overpass area, opposite Carrefour Orhideea ...   read more
Russian Parliament Center Project Passes Public Hearing
December 18, 2014, 12:52, (Property Xpress) - Russia’s Parliament Center project has passed the public hearing stage. The scheme, where the State Duma and ...   read more
Immofinanz Romania Reports Revenue Decline for H1’2014
December 18, 2014, 12:31, (Property Xpress) - Austria’s Immofinanz Group saw a drop in revenue from its 15 Romanian properties to EUR 23.5 mln in the ...   read more
NDV-Nedvizhimost to Invest RUB 1.0 Bln in Megapolis Project
December 18, 2014, 12:11, (Property Xpress) - NDV-Nedvizhimost will invest RUB 1.0 bln to develop a comfort-class residential neighborhood in the ...   read more
Impact in Negotiations with Arab Investors for Joint Projects
December 18, 2014, 12:02, (Property Xpress) - Romanian real estate company Impact Developer & Contractor, which is 49 pct owned by Gheorghe Iaciu, is in ...   read more



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