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Iulius Group Records EUR 65 mln in Revenue in 2013
February 05, 2014, 15:14, (Property Xpress) - The four Iulius Mall shopping centers and Palas Iasi complex, owned by Romanian businessman Iulian Dascalu, ...   read more
Goldman Sachs, VTB Capital Acquire Stake in Russian Fitness Group
February 05, 2014, 14:55, (Property Xpress) - VTB Capital , the investment arm of VTB Group, and Goldman Sachs, have become owners of a 50 pct stake in ...   read more
Industrial Park Planned in Crimea
February 05, 2014, 13:57, (Property Xpress) - Authorities of the northern Crimean city of Dzhankoy have decided to include Novy Krym (New Crimea) industrial ...   read more
Toridoll to Open 10 St. Petersburg Restaurants
February 05, 2014, 13:47, (Property Xpress) - Toridoll Corp., operating one of Japan’s largest fast food chains, Marugame, wants to open 10 restaurants in ...   read more
St. Petersburg Office Centers Change Owners
February 05, 2014, 13:25, (Property Xpress) - A portfolio of three office buildings in St. Petersburg and a land plot in Strelna have changed owners. ...   read more
INR Real Estate Management Declared Bankrupt
February 05, 2014, 12:43, (Property Xpress) - Silver Mountain luxury residential complex in Poiana Brasov has gone bankrupt at the request of BCR Bank, ...   read more
VEB Acquires 43.36 Pct Stake in Moscow Developer
February 05, 2014, 11:58, (Property Xpress) - Russia’s state-owned Vnesheconombank (VEB) has acquired a 43.36 pct stake in Moscow-based real estate ...   read more
Urban-Technical Conditions Issued for Five-Star Hotel in Montenegro
February 05, 2014, 11:38, (Property Xpress) - Montenegro’s Ministry of Sustainable Development and Tourism has issued urban-technical conditions to ...   read more
Renaissance Construction Joins Moscow-City Project
February 05, 2014, 10:55, (Property Xpress) - Turkish Renaissance Construction has closed a deal to acquire a 50 pct stake in ‘Russia Tower’ ...   read more
InterContinental Interested in Montenegro Resort Property
February 05, 2014, 10:28, (Property Xpress) - InterContinental Hotels Group (IHG), one of the largest hotel operators, has shown interest in a resort ...   read more
Capital Group to Build 250,000 Sq. m of Housing in Moscow
February 05, 2014, 9:23, (Property Xpress) - Development company Capital Group will build 250,000 sq. m of housing on the former 4th mill factory site at ...   read more
Trisa Group Acquires Industrial Land in Bulgaria
February 05, 2014, 8:48, (Property Xpress) - Swiss Trisa Group, one of the largest manufacturers of personal hygiene products, plans to move part of its ...   read more
German Firm to Design Resort Scheme on 120 Ha in Russia
February 04, 2014, 17:28, (Property Xpress) - A German architectural practice has been tasked to develop the architectural concept for a multifunctional ...   read more
Design Work Progresses on Kiev Shopping Mall
February 04, 2014, 17:07, (Property Xpress) - A real estate developer has announced it is progressing with design work for a large shopping and ...   read more
Wuerth to Open Russian Logistics Center in Autumn
February 04, 2014, 16:21, (Property Xpress) - Wuerth Severo-Zapad (Wuerth North-West), a subsidiary of Germany’s Wuerth, plans to open a 14,300 sq. m ...   read more
Mercator Debt Restructuring to be Extended till February 28
February 04, 2014, 16:03, (Property Xpress) - A pre-sale agreement for a majority 53 pct stake in Slovenia’s largest retailer Mercator, signed in 2013 ...   read more
RUB 1.5 Bln Hotel Construction Project Planned in Russia
February 04, 2014, 15:19, (Property Xpress) - A RUB 1.5 bln (USD 43 mln) four-star hotel investment project is being discussed between representatives of ...   read more
Kiev Allocates UAH 147 mln for Troyeschyna Metro Line Project
February 04, 2014, 14:45, (Property Xpress) - The Kiev city budget will allocate UAH 147 mln for the Troyeschyna metro line extension project in 2014, the ...   read more
EBRD Acquires Minority Stake in Amtel Properties
February 04, 2014, 13:54, (Property Xpress) - The European Bank for Reconstruction and Development (EBRD) has invested USD 50 mln to acquire a minority ...   read more
Investment Fund to Consolidate 100 pct Stake in Bulgarian Ski Resort Operator
February 04, 2014, 13:43, (Property Xpress) - Bulgaria’s Financial Supervision Commission has temporarily stopped the plan of Sofia-based investment fund ...   read more
Moskvich Hotel Owner to Develop Second Hotel Building
February 04, 2014, 12:55, (Property Xpress) - Moscow city authorities have agreed with plans to build a second hotel building next to the existing ...   read more
Two-Thirds of Ibiza Sol Apartments Remain Unsold
February 04, 2014, 12:20, (Property Xpress) - Ibiza Sol residential estate, located in the Bucharest Pipera area, has 200 unsold apartments out of the total ...   read more
90,000 Sq. m Lipetsk Shopping Mall to Open in 2015
February 04, 2014, 11:50, (Property Xpress) - A 90,000 sq. m shopping and entertainment center, called ‘Folium Park’, is scheduled to open in Lipetsk in ...   read more
Montenegro Tourist Complex to Undergo Upgrade, Expansion
February 04, 2014, 11:35, (Property Xpress) - Montenegro’s Ministry of Sustainable Development and Tourism has issued urban-technical conditions to ...   read more
Moscow Gives Nod for 180,000 Sq. m Multifunctional Shopping Project
February 04, 2014, 10:24, (Property Xpress) - The Urban Land Commission of the Government of Moscow has approved the issuance of an urban planning license ...   read more



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