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YIT St. Petersburg Starts EUR 70 mln Housing Project
November 18, 2013, 9:08, (Property Xpress) - Through its YIT St. Petersburg subsidiary, Finland’s YIT has started construction of a new residential ...   read more
Kardan Sells 27.75 Pct Stake in GTC for EUR 160 mln
November 18, 2013, 8:58, (Property Xpress) - Israeli Kardan group of companies, controlled by Yosef Grunfeld, Eitan Rechter, and Avner Schnur, has signed ...   read more
Bulgarian Contractor Wins EUR 3.0 mln Contract
November 15, 2013, 11:58, (Property Xpress) - A Bulgarian construction company has won a EUR 2.9 mln contract to build a multipurpose hall and sports ...   read more
Sibirsky Gigant Resumes Store Construction Projects
November 15, 2013, 11:55, (Property Xpress) - Sibirsky Gigant (Siberian Giant) is resuming construction of two Gigant hypermarkets, with an area of about ...   read more
Kiev Gives Green Light for Bionic Hill Construction
November 15, 2013, 11:44, (Property Xpress) - Kiev City Council has approved a change of the purpose of two land plots, with total area of 147.1 ha, at 1A, ...   read more
AFI to Develop 150,000 Sq. m Moscow Residential Compound
November 15, 2013, 11:38, (Property Xpress) - AFI Development has announced its MKPK subsidiary and the Moscow city authorities have signed an addendum to ...   read more
Rovio Selects Designer for Theme Park in Russia
November 15, 2013, 11:30, (Property Xpress) - Finland’s Rovio, the maker of the popular Angry Birds game, has selected a company to develop the concept ...   read more
Developer Wins Court Case for Land in Khimki
November 15, 2013, 11:24, (Property Xpress) - The Tenth Arbitration Appeal Court of Moscow overturned a decision of a lower court, which in August this ...   read more
Jumbo Enters Romania with Bucharest and Timisoara Stores
November 15, 2013, 11:02, (Property Xpress) - Greece’s biggest retail company of toys and baby products, Jumbo group, operating more than 60 hypermarkets ...   read more
NEPI Reports 80 Pct Jump in Profit in 9M’2013
November 15, 2013, 11:02, (Property Xpress) - South African investment fund New Europe Property Investments (NEPI) recorded a EUR 35.9 mln profit ...   read more
Sberbank Arranges EUR 150 mln in Finance to Developer
November 15, 2013, 10:45, (Property Xpress) - Russia’s largest lender, Sberbank, has announced signing a major deal with Renaissance group of companies. ...   read more
EUR 15 mln Plant Investment Announced in Macedonia
November 15, 2013, 10:20, (Property Xpress) - A Russian-Macedonian joint venture has announced a new EUR 15 mln investment, which will employ 150 to 200 ...   read more
Asmita Gardens Administrator Reports 113 Sales since End’2011
November 15, 2013, 9:49, (Property Xpress) - A total of 113 apartments in Bucharest’s Asmita Gardens residential complex have been sold since its entry ...   read more
Russian Institution to Dispose of Non-core Real Estate Assets
November 15, 2013, 8:56, (Property Xpress) - A Russian state-owned institution plans to dispose of non-core real estate assets in the next three to five ...   read more
Montenegro to Seek Investors for Luxury Resort
November 15, 2013, 8:54, (Property Xpress) - The Government of Montenegro has adopted a decision on creating a new luxury resort on the Adriatic coast. In ...   read more
Update: Offshore Firm to Consolidate 100 Pct Stake in Prime Moscow Asset
November 14, 2013, 15:42, (Property Xpress) - An offshore company has made a takeover bid to minority stakeholders of a Moscow-based company, which owns and ...   read more
Unirea Shopping Center Reports 50 Pct Net Profit Rise in 9M’2013
November 14, 2013, 15:09, (Property Xpress) - Unirea Shopping Center (SCDM), owner of two shopping malls in Romania, in Bucharest and Brasov, ended the ...   read more
Sberbank Opens EUR 8.2 mln Credit Line to Developer
November 14, 2013, 13:57, (Property Xpress) - The Srednerussky Bank of Sberbank of Russia has opened a EUR 8.2 mln nine-year credit facility to Khimki-based ...   read more
Retailers in Ploiesti Shopping City Generate EUR 25 mln in Sales Revenue
November 14, 2013, 13:51, (Property Xpress) - Retailers in Ploiesti Shopping City, owned by Carrefour Property Romania and New Europe Property Investments ...   read more
Alfa Capital Wins Auction for ‘October’ Cinema Center
November 14, 2013, 13:39, (Property Xpress) - OOO Alfa Capital has won an auction for the sale of a 40 pct stake in ‘October’ Cinema Center on 24, Novy ...   read more
Militari Shopping Center Generates Slight Revenue Increase in 9M’13
November 14, 2013, 13:23, (Property Xpress) - Militari Shopping Center in Bucharest, owned by Atrium European Real Estate, recorded a slight increase in ...   read more
Developer to Start Work on Two St. Petersburg Hotels in 2014
November 14, 2013, 13:01, (Property Xpress) - A Russian company expects to begin work on two luxury hotels in the historic center of St. Petersburg in the ...   read more
Construction Starts on Apartment Building in Montenegro
November 14, 2013, 12:41, (Property Xpress) - The urbanization of an attractive location on the Adriatic coast has recently started in Montenegro. ...   read more
Contractor Appointed for Factory Construction in Russia
November 14, 2013, 11:48, (Property Xpress) - A general contract has been appointed to build a 9,000 sq. m production facility on a 2.65 ha land plot in St. ...   read more
Kiev to Sell Land to Auchan
November 14, 2013, 11:31, (Property Xpress) - Kiev City Council intends to sell a land area of over 10 ha on Petrovka under renovation and construction of a ...   read more



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