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Orange to Lease 13,000 Sq. m at Bucharest Office Building
March 10, 2014, 15:23, (Property Xpress) - Mobile operator Orange, with a Romanian business of nearly EUR 1.0 bln and about 3,000 employees, is nearing ...   read more
BGN 100 mln Logistics Center Planned in Stara Zagora, Bulgaria
March 10, 2014, 13:57, (Property Xpress) - An undisclosed foreign investor has expressed interest in joining a BGN 100 mln project for construction of a ...   read more
St. Petersburg Firm Wins Court Case for High-Rise Hotel Project
March 10, 2014, 13:50, (Property Xpress) - A St. Petersburg-based company has won a court case obligating the city government to provide land (13,600 sq. ...   read more
Water Park Project Planned in Montenegro
March 10, 2014, 13:24, (Property Xpress) - Montenegro’s Ministry of Sustainable Development and Tourism has issued urban-technical conditions to Budva ...   read more
Scandinavian Developer Reaches Agreement for Russian Housing Project
March 10, 2014, 12:55, (Property Xpress) - After a year and a half of litigation, the Russian subsidiary of the Scandinavian real estate development and ...   read more
SECURE Acquires Logistics Property in Romania
March 10, 2014, 12:17, (Property Xpress) - Investment company SECURE Property Development & Investment has agreed to acquire a logistics park near ...   read more
Residential Property to Replace St. Petersburg Historic Building
March 10, 2014, 11:53, (Property Xpress) - A residential building will be developed on the site of the demolished historic building at 10, Zhdanovskaya ...   read more
Beta Ulaganja Increases Stake in Jadranka Hotel Company to 89 Pct
March 10, 2014, 11:11, (Property Xpress) - Zagreb-based Beta Ulaganja, whose founder and owner is Russian UK Promsvyaz, has purchased an additional 38.9 ...   read more
Morton to Develop 540,000 Sq. m Neighborhood in Zelenograd
March 10, 2014, 10:35, (Property Xpress) - Russian residential real estate developer Morton is embarking on a major project in Zelenograd, a metropolitan ...   read more
Two IT Firms to Receive EUR 10 mln to Expand Romania Operations
March 10, 2014, 10:11, (Property Xpress) - Two IT companies have received approval to obtain a total of EUR 10 mln of state aid to expand their ...   read more
Ruric to Delist Shares from NASDAQ OMX
March 10, 2014, 9:33, (Property Xpress) - Swedish investment and development company Ruric AB has announced delisting, following a March 6 decision ...   read more
Steven Lo to Create Gambling Resort near Sofia, Bulgaria
March 10, 2014, 9:07, (Property Xpress) - Hong Kong businessman Steven Lo is nearing completing a deal to acquire ‘St. Sofia’ golf course in ...   read more
Moscow Region to Present Esipovo Industrial Park Project
March 07, 2014, 11:59, (Property Xpress) - Moscow Region Development Corporation has allocated 320 ha of land in Solnechnogorsky district for Esipovo ...   read more
Kesko to Build Retail Complex in St. Petersburg
March 07, 2014, 11:59, (Property Xpress) - Finnish retailer Kesko, operating K-Rauta DIY chain and K-Ruoka grocery stores in Russia, has acquired land in ...   read more
Jumbo to Open Three Romania Stores by mid-2015
March 07, 2014, 11:58, (Property Xpress) - Greek toy retailer Jumbo Group plans to open four new stores by mid-2015, including three in Romania, as the ...   read more
Global Safety Textile to Invest EUR 46 mln in Romania
March 07, 2014, 11:58, (Property Xpress) - German airbag manufacturer Global Safety Textile, operating a factory in the Romanian town of Sighisoara, will ...   read more
Haier to Open Russian Production Site in 2015
March 07, 2014, 11:38, (Property Xpress) - Chinese multinational consumer electronics and home appliance manufacturer Haier plans to open its first ...   read more
German Stratik Interested in Setting up Serbian Production Unit
March 07, 2014, 11:18, (Property Xpress) - Serbia’s Prime Minister Ivica Dacic and representatives of Germany’s leather goods manufacturer Stratik ...   read more
RUB 700 mln Hotel Project Planned in Nizhny Novgorod
March 07, 2014, 10:20, (Property Xpress) - ‘Electronics’ group of companies will invest RUB 700 mln in building a six-story four-star hotel in the ...   read more
City Express to Build Belgrade Distribution Center
March 07, 2014, 9:51, (Property Xpress) - Serbia’s largest courier services provider City Express, a wholly-owned subsidiary of Austrian Post group of ...   read more
Contractor Selected for St. Petersburg Property Renovation
March 07, 2014, 9:19, (Property Xpress) - A general contractor has been selected to carry out a reconstruction project in St. Petersburg, involving ...   read more
Seven Commercial Real Estate Owners in Romania Receive EUR 300 mln in Revenue
March 07, 2014, 8:54, (Property Xpress) - Romanian businessmen Iulian Dascalu (Iulius Grou), Liviu Tudor (Genesis Development), Gabriel Popoviciu and ...   read more
Macedonia Receives Approval for EUR 97 mln Loan
March 06, 2014, 17:00, (Property Xpress) - The Government of the Republic of Macedonia has received the green light to obtain a EUR 97 mln loan from the ...   read more
VTB Bank Lends RUB 850 mln to Developer
March 06, 2014, 16:32, (Property Xpress) - The Northwest Regional Center of VTB Bank has opened a RUB 850 mln credit line to St. Petersburg-based real ...   read more
Carrefour Romania Sales Remain Flat in 2013
March 06, 2014, 15:35, (Property Xpress) - French Carrefour group generated net sales of EUR 1.0 bln in Romania last year, up 2.0 pct over the previous ...   read more



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