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Igor Makarov to Back Newly Launched Investment Fund
February 27, 2014, 15:31, (Property Xpress) - Russian businessman Igor Makarov, who has sold his Itera gas company to Rosneft in a deal valued at USD ...   read more
Mercator Debt Restructuring Extended till May 31
February 27, 2014, 15:02, (Property Xpress) - Creditor banks of Slovenia’s retailer Mercator and Agrokor will sign a deal by the end of this week to again ...   read more
Torgovy Dom GUM to Rent Space at Red Square
February 27, 2014, 13:59, (Property Xpress) - The Russian government has allowed Torgovy Dom GUM (Trading House GUM) to lease 74,967 sq. m of space at 3, ...   read more
Videolux Holding Acquires Praktiker Bulgarian Operations
February 27, 2014, 13:50, (Property Xpress) - Sofia-based Videolux Holding has entered into an agreement to acquire the business of Praktiker DIY chain in ...   read more
Moscow to Auction Site for Car Park Construction
February 27, 2014, 13:36, (Property Xpress) - The Moscow City Property Department has scheduled an auction for March 20 to sell the right to lease a 0.6 ha ...   read more
Hampton by Hilton Opening Announced in Romania
February 27, 2014, 13:22, (Property Xpress) - Hilton Worldwide has signed an agreement to open a Hampton by Hilton hotel in Iasi, thus reaching a total of ...   read more
120,000 Sq. m Mixed-use Complex Planned in Moscow
February 27, 2014, 13:05, (Property Xpress) - A Russian developer plans to implement a 120,000 sq. m multifunctional development project in Moscow. The USD ...   read more
Konzum Invests HRK 140 mln in Zagreb Retail Centers
February 27, 2014, 12:35, (Property Xpress) - Croatia’s retailer Konzum is implementing two retail projects in Zagreb’s Stenjevac and Gracani areas, ...   read more
St. Petersburg Stables Yard to Become Apart-Hotel by mid-2017
February 27, 2014, 11:38, (Property Xpress) - Orange-Development, part of Plaza Lotus Group (PLG), owned by the Zingarevich brothers Mikhail and Boris, is ...   read more
Update: Delhaize Group Signs Agreement to Sell Bulgarian Operations
February 27, 2014, 11:11, (Property Xpress) - Belgian Delhaize Group has agreed to sell its Bulgarian operations (Piccadilly retail chain) to AP Mart, which ...   read more
Apart-Hotel to Replace Neglected Historic Building in Moscow
February 27, 2014, 10:23, (Property Xpress) - Moscow city authorities have allowed demolition of a historic building at Elektrichesky Lane in the Presnya ...   read more
U.S. Firm Eyes EUR 120 mln Manufacturing Project in Bulgaria
February 27, 2014, 9:55, (Property Xpress) - A U.S.-based company has shown investor interest in establishing a EUR 120 mln production plant in the ...   read more
Systematica Group Rents 17,400 Sq. m of Office Space in New Moscow
February 27, 2014, 8:56, (Property Xpress) - Russia’s Systematica group of companies, one of the players in the local IT market, has signed an agreement ...   read more
Best Foods Purchases Bucharest Site for EUR 2.5 mln
February 27, 2014, 8:36, (Property Xpress) - Popcorn and chips manufacturer Best Foods, owned by Greek businessman Epameinondas Ochonos (66 years), has ...   read more
Belgrade to Seek Investors for Underground Car Parks
February 26, 2014, 17:49, (Property Xpress) - The City of Belgrade plans to attract investors to build around 1,700 underground parking spaces in four ...   read more
Vodny Shopping Mall to Open in Summer’14
February 26, 2014, 17:12, (Property Xpress) - Russian developer MR Group will open its Vodny shopping and entertainment center in the northwest of the ...   read more
KR Properties Acquires Moscow Building
February 26, 2014, 16:57, (Property Xpress) - Alexander Klyachin’s KR Properties has bought the former Almaz-Press printing building in Moscow from a VTB ...   read more
Arricano Signs 3,000 Sq. m Lease Deal with Fashion Retailer
February 26, 2014, 16:34, (Property Xpress) - Ukrainian commercial real estate developer Arricano Group has signed a 3,000 sq. m lease agreement with Polish ...   read more
Sminex Invests USD 26.5 mln in Moscow Apartment Project
February 26, 2014, 15:35, (Property Xpress) - Russian developer Sminex will invest USD 26.5 mln to redevelop a building on Prospect Mira into apartments, ...   read more
Castellastva Hotel to Undergo Extensive Renovation
February 26, 2014, 15:02, (Property Xpress) - Castellastva Hotel in Petrovac, which opened in 1974, will be reconstructed and converted into a four-star ...   read more
FESCO to Build Moscow Logistics Center
February 26, 2014, 13:57, (Property Xpress) - Russia’s transport group FESCO is in the process of choosing a general contractor for construction of a new ...   read more
Delhaize Group Signs Agreement to Sell Bulgarian Operations
February 26, 2014, 13:46, (Property Xpress) - Belgian international food retailer Delhaize Group today announced signing an agreement to sell its Bulgarian ...   read more
Car Parts Plant Project to Break Ground in Russia
February 26, 2014, 13:19, (Property Xpress) - The laying foundation stone ceremony, marking the construction start for a 28,500 sq. m manufacturing facility ...   read more
Karcher Considers Production Capacity Expansion in Romania
February 26, 2014, 13:05, (Property Xpress) - German cleaning equipment manufacturer Karcher, with annual sales of about EUR 2.0 bln and 10,000 employees, ...   read more
Portal Group Appointed Fee Developer for Ryazan Project
February 26, 2014, 12:25, (Property Xpress) - Russian real estate firm Portal Group will act as a fee developer for an integrated development project in ...   read more



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