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Developer Borrows EUR 25 mln for Expansion in Romania
March 10, 2015, 8:56, (Property Xpress) - A real estate developer has signed a EUR 25 mln six-year loan agreement with BNP Paribas Fortis to finance its ...   read more
Greek Businessman Retains Plans to Develop Amanresort Cavtat in Croatia
March 09, 2015, 17:57, (Property Xpress) - The five-star Amanresort Cavtat hotel project has been postponed due to unfavorable circumstances, but will be ...   read more
Auchan Pays EUR 257 mln for 20 Romanian Real Stores
March 09, 2015, 16:38, (Property Xpress) - French retailer Auchan has paid EUR 257 mln for the acquisition of 20 Real hypermarkets in Romania, including ...   read more
Miroglio to Consolidate 100 Pct Stake in Technomarket Bulgaria
March 09, 2015, 15:38, (Property Xpress) - Italian businessman Edoardo Miroglio, one of the biggest Italian investors in Bulgaria, intends to consolidate ...   read more
Global Finance Signs 1,200 Sq. m Lease Deal in Romania
March 09, 2015, 13:56, (Property Xpress) - Greece’s Global Finance investment fund, developer of Global City Business Park, a major office project in ...   read more
Permanent Chinese Business Center to Open in St. Petersburg
March 09, 2015, 13:26, (Property Xpress) - A permanent Chinese business center will open in July 2015 at the Expoforum convention and exhibition complex ...   read more
11,000 Sq. m Office Building in Romania to Open in Spring
March 09, 2015, 12:58, (Property Xpress) - An A-class office building, with a rentable area of over 11,000 sq. m, is scheduled to open this spring in the ...   read more
Moscow Approves Draft Plan for Verkhnye Kotly Industrial Area
March 09, 2015, 11:58, (Property Xpress) - Moscow city authorities have approved a draft plan, providing for construction of a residential neighborhood ...   read more
Azmont Investments to Invest EUR 80 mln in 2015
March 09, 2015, 11:36, (Property Xpress) - Azmont Investments, controlled by Azerbaijan’s state-owned oil company SOCAR, will invest EUR 80 mln in its ...   read more
Raven Russia Posts USD 88 mln Loss, Says 2014 Operating Results Exceed Expectations
March 09, 2015, 10:56, (Property Xpress) - British investment fund Raven Russia said valuations of its investment property and property under ...   read more
NEPI Founder and Partners to Launch Logistics Investment Firm
March 09, 2015, 10:12, (Property Xpress) - Martin Slabbert, founder and CEO of South African investment fund New Europe Property Investments (NEPI), ...   read more
Gazprom Neft Grants RUB 16 Bln Loan for Lakhta Center Project
March 09, 2015, 9:25, (Property Xpress) - The Board of Directors of Gazprom Neft has approved granting a RUB 15.946 bln loan to its subsidiary ...   read more
Land for Luxury Hotel Purchased in Macedonia
March 09, 2015, 9:06, (Property Xpress) - A luxury five-star accommodation unit will be built on the Ohrid lake coast in Macedonia, in place of the ...   read more
Omsk to Establish Industrial Park
March 06, 2015, 13:58, (Property Xpress) - Russia’s Omsk region will receive three municipal land plots, with a total area of more than 230 ha, in the ...   read more
NEST Increases Net Loss to UAH 95 mln in 2014
March 06, 2015, 13:47, (Property Xpress) - Kiev-based PJSC Nedvizhimost Stolitsy (NEST) increased its net loss by 7.4 times last year compared to 2013 to ...   read more
Innova to Invest USD 100 mln in Kidzania Parks in Russia
March 06, 2015, 13:20, (Property Xpress) - Innova company plans to invest USD 80-100 mln to open three Kidzania children’s parks in Russia by 2017, CEO ...   read more
Tiriac Group Buys Riofisa Shares in Brasov and Timisoara Projects
March 06, 2015, 12:59, (Property Xpress) - Romanian real estate group Tiriac Imobiliare, controlled by businessman Ion Tiriac, has bought Spanish ...   read more
Moscow to Call Investment Tenders for Two Transport Hubs
March 06, 2015, 12:19, (Property Xpress) - Moscow authorities intend to auction the first two transport interchange units (TPU), Alma-Atinskaya and ...   read more
TUI Triples Tourist Flow to Croatia, Interested in Kupari
March 06, 2015, 11:58, (Property Xpress) - Hannover-headquartered multinational travel and tourism company TUI has tripled this year’s tourist flow to ...   read more
Retail Park to Replace Former Industrial Site in Siberia
March 06, 2015, 10:51, (Property Xpress) - Retail and office facilities will be built on almost the entire area of a former industrial site in the ...   read more
AmRest Buys Starbucks Coffee Shop Operators in Romania and Bulgaria
March 06, 2015, 10:27, (Property Xpress) - Poland’s restaurant operator AmRest Holdings has announced signing an agreement to acquire 100 pct of the ...   read more
Bulat Shakirov Consolidates 100 Pct Stake in Praktika Development
March 06, 2015, 9:43, (Property Xpress) - Praktika Development CEO Bulat Shakirov will purchase the 51 pct stake owned by Sergey Gordeev’s investment ...   read more
EUR 36 mln Shopping Mall Extension Gets Green Light in Romania
March 06, 2015, 9:12, (Property Xpress) - A shopping mall extension, estimated at EUR 36 mln, has received the green light from the relevant authorities ...   read more
Carrefour Acquires Shopping Gallery in Bucharest
March 05, 2015, 17:51, (Property Xpress) - Carrefour, one of the largest players in the Romanian grocery market, recently bought from the British Pradera ...   read more
Moscow Extends Construction Term for Shopping Mall
March 05, 2015, 16:29, (Property Xpress) - Moscow authorities have extended the construction term for a multipurpose center in the southeast of Moscow ...   read more



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