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Sofia Hotel Balkan Reports Slight Decrease in Q1’2015 Revenue
June 17, 2015, 9:22, (Property Xpress) - Sofia Hotel Balkan, operating the five-star Sofia Hotel Balkan - Luxury Hotel Collection in the Bulgarian ...   read more
Tengelmann to Open First Plus Grocery Stores in Russia in 2015
June 17, 2015, 8:43, (Property Xpress) - Germany’s Tengelmann Group, which is already developing a chain of OBI DIY stores in Russia, will open its ...   read more
Airport City Business Park Fourth Phase Launched in Serbia
June 17, 2015, 8:24, (Property Xpress) - Airport City Belgrade, a JV between Israeli companies AFI Europe and Tidhar Group, has begun construction of ...   read more
Industrial Real Estate Developer to Invest EUR 50 mln in Ukraine
June 16, 2015, 16:06, (Property Xpress) - A European industrial real estate developer, with a portfolio of approximately 2.5 million sq. m, has won an ...   read more
St. Petersburg Company to Put 10 Ha of Land for Auction
June 16, 2015, 14:46, (Property Xpress) - A St. Petersburg company is planning to sell at auction two land plots with a total area of 10 ha in the city, ...   read more
Greek Businessman to Acquire Maestral Resort & Casino in Montenegro
June 16, 2015, 14:04, (Property Xpress) - Greek businessman Petros Stathis is nearing completing a deal to acquire the 200-room Maestral Resort & Casino ...   read more
Large Retail Project Planned in Moscow Suburbs
June 16, 2015, 12:50, (Property Xpress) - A 270,000 sq. m retail project will be implemented on a 116 ha site in the Moscow suburbs. Planning ...   read more
Karcher to Build EUR 20 mln Factory in Romania
June 16, 2015, 12:23, (Property Xpress) - German cleaning equipment manufacturer Karcher will invest EUR 20 mln in building a factory in the Romanian ...   read more
Bulgarian Resort Operator Plans EUR 65 mln Investment Program
June 16, 2015, 11:44, (Property Xpress) - A Bulgarian resort operator is in the process of raising funds for a EUR 65 mln investment program aimed at ...   read more
Update: IKEA Buys Land for Second Romanian Store
June 16, 2015, 11:44, (Property Xpress) - Swedish furniture retailer IKEA has bought a 13.7 ha site at 57, Pallady Boulevard in the east of the Romanian ...   read more
Russian-Chinese Business Park Planned in Yekaterinburg
June 16, 2015, 11:08, (Property Xpress) - A Russian-Chinese Business Park will be created on the first and fourth lines of Chkalovsky terminal in ...   read more
EUR 7.0 mln Agro-Cluster Project Breaks Ground in Albania
June 16, 2015, 10:33, (Property Xpress) - Construction work has begun on a 21,000 sq. m logistics center for agricultural products and commodities in ...   read more
Russian Parliament Center Construction to Start in 2016
June 16, 2015, 9:42, (Property Xpress) - Construction of the Russian Parliament Center in Mnevniki will begin in 2016 and be completed in 2019, ...   read more
Two Income Producing Housing Projects under Development in Kiev
June 16, 2015, 9:27, (Property Xpress) - Two Ukrainian developers have begun construction of income producing housing projects in the Kiev suburbs, in ...   read more
Glorax Development to Expand St. Petersburg Portfolio
June 16, 2015, 8:49, (Property Xpress) - Moscow developer Glorax Development, part of Glorax Capital, established in 2013 by businessman Andrey ...   read more
Real Estate Investor Considers Expanding Bucharest Portfolio
June 16, 2015, 8:21, (Property Xpress) - A real estate investor and developer is aiming at acquiring new revenue-generating office buildings similar to ...   read more
YIT Launches Work on Two St. Petersburg Residential Projects
June 15, 2015, 16:12, (Property Xpress) - Finnish real estate developer YIT has begun construction of the second stage of its Inkeri residential complex ...   read more
EUR 300 mln Belgrade Mixed-use Hotel Project up for Public Hearing
June 15, 2015, 15:15, (Property Xpress) - At its June 2 meeting, the Planning Commission of the City of Belgrade approved a draft detailed regulatory ...   read more
Lenta to Open Supermarket Stores in St. Petersburg
June 15, 2015, 14:17, (Property Xpress) - St. Petersburg retailer Lenta plans to open 10-15 supermarkets in Moscow and St. Petersburg this year, CEO Jan ...   read more
Montenegro Extends Donja Arza Tender Deadline
June 15, 2015, 13:55, (Property Xpress) - Montenegro’s Council for Privatization and Capital Projects has extended the submission deadline for bids in ...   read more
Moscow Approves Strogino Draft Plan
June 15, 2015, 12:57, (Property Xpress) - Moscow authorities have approved a draft plan for the 172.63 ha Strogino storage area in the northwest of the ...   read more
Russian Company to Allocate Funds for Agro-Industrial Complexes
June 15, 2015, 12:35, (Property Xpress) - A Russian company, managing pension funds, worth more than RUB 400 bln, is considering allocating funds for ...   read more
1.8 Mln Sq. m Belgrade Waterfront Project to Break Ground in Autumn
June 15, 2015, 12:00, (Property Xpress) - All conditions for the start of construction of the first buildings of the Belgrade Waterfront project will be ...   read more
Leader-Invest to Develop Club House in Moscow
June 15, 2015, 10:31, (Property Xpress) - Development company Leader-Invest is planning to invest RUB 1.5 bln for construction of a club house in the ...   read more
Ascenta Management Starts Work on Coresi Business Park Second Phase
June 15, 2015, 10:19, (Property Xpress) - Ascenta Management, developing Coresi Business Park on the former Tractorul Brasov platform, has begun work on ...   read more



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