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Update: Development Land Sold for USD 100 mln in Russia
May 27, 2013, 16:36, (Property Xpress) - A Russian joint venture held by foreign real estate groups has sold about 18 pct of its St. Petersburg land ...   read more
Rewe Romania to Allocate EUR 100 mln for Development
May 27, 2013, 16:14, (Property Xpress) - Rewe Romania, owner of Penny Market and XXL Mega Discount stores, plans to spend EUR 100 mln to expand its ...   read more
Militari Shopping Center Generates EUR 1.65 mln Rent Income in 3MO’2013
May 27, 2013, 15:37, (Property Xpress) - Atrium European Real Estate received rent income of EUR 1.65 mln from its Militari Shopping Center retail park ...   read more
Kharkov Allocates Land for Mixed-use Complex
May 27, 2013, 15:08, (Property Xpress) - Kharkov City Council has decided to change the land use of a 1.0682 ha land area at 4, Piskunovsky Lane in the ...   read more
Moscow Approves Urban Plans for Two Retail Center Projects
May 27, 2013, 14:42, (Property Xpress) - The Urban Land Commission of the Government of Moscow has agreed to issue urban development plans for two ...   read more
Kaufland to Build New Bucharest Store
May 27, 2013, 14:01, (Property Xpress) - German grocery retailer Kaufland, the largest player in the Romanian market, with a EUR 1.5 bln business in ...   read more
ExpoForum Wins RUB 300 mln Contract
May 27, 2013, 12:59, (Property Xpress) - ExpoForum company has won a competition to design a USD 60 mln yacht club, to be developed near Lakhta Center ...   read more
Update: Office Center Construction under Preparation in Sofia
May 27, 2013, 12:47, (Property Xpress) - A Bulgarian real estate development company has approved establishing a 40:60 pct joint venture company with ...   read more
Leningrad Region to Consider Moving Head Office
May 27, 2013, 12:35, (Property Xpress) - Alexander Drozdenko, governor of the Leningrad region, has scheduled a press conference for Tuesday, when he ...   read more
Inditex Signs 5,000 Sq. m Lease Deal in Ukraine
May 27, 2013, 11:57, (Property Xpress) - Spain’s Inditex Group, one of the world’s largest fashion retailers, has signed a deal to lease more than ...   read more
Nizhny Novgorod Gives Nod to Four Star Hotel Project
May 27, 2013, 11:33, (Property Xpress) - The draft plan for a four-star hotel was considered and agreed at a May 24 meeting of the Nizhny Novgorod Town ...   read more
Era Group to Start Logistics Center Project in Slovenia
May 27, 2013, 11:12, (Property Xpress) - Slovenia, Velenje-based Era group of companies intends to start construction of a logistics and business ...   read more
EBRD to Lend EUR 90 mln for Industrial Development Project
May 27, 2013, 10:15, (Property Xpress) - The European Bank for Reconstruction and Development (EBRD) is considering providing a EUR 90 mln syndicated ...   read more
EBRD to Lend EUR 32 mln to Retailer
May 27, 2013, 9:58, (Property Xpress) - The European Bank for Reconstruction and Development (EBRD) is considering providing a EUR 32 mln long-term ...   read more
Metro Cash & Carry Selects Location for Next Russian Store
May 27, 2013, 9:10, (Property Xpress) - The Russian subsidiary of Germany’s self-service wholesale retailer Metro Cash & Carry, which has announced ...   read more
One&Only Resort Construction to Start in September
May 27, 2013, 8:44, (Property Xpress) - Construction of Montenegro’s One&Only hotel and tourist complex in Kumbor will start on September 1, with ...   read more
Developer to Establish EUR 80 mln Industrial Park in Russia
May 27, 2013, 7:56, (Property Xpress) - A residential and commercial real estate developer active in Russia is considering building an industrial park ...   read more
Investment Firm Raises EUR 75 mln for Retail Park Acquisitions
May 27, 2013, 7:28, (Property Xpress) - A real estate investment management company has announced it has raised EUR 75 mln from a diverse investor ...   read more
Kiev-Arena Construction Breaks Ground in Ukraine
May 24, 2013, 12:45, (Property Xpress) - DeVision Entertainment has begun construction of a multipurpose concert and sports center, called Kiev Arena, ...   read more
Leroy Merlin to Roll out Four Stores in Tatarstan
May 24, 2013, 12:26, (Property Xpress) - French DIY-retailer Leroy Merlin plans to create a chain of four hypermarkets in Tatarstan, including three ...   read more
Greek Developer to Build Bucharest Office Center
May 24, 2013, 12:07, (Property Xpress) - A Greek businessman will invest EUR 7.0 mln to build an office building on 1,500 sq. m of land at Gheorghe ...   read more
CDS Acquires Land for Affordable Housing
May 24, 2013, 11:46, (Property Xpress) - St. Petersburg-based residential real estate developer CDS has acquired 13 ha of land for housing construction ...   read more
Radisson Alushta Hotel Second Stage Opens in Crimea
May 24, 2013, 11:30, (Property Xpress) - The opening of the second complex of the Radisson Resort & SPA, Alushta Hotel was held on May 21 in the ...   read more
Retail Group to Spend USD 45 mln to Build Logistics Center in Russia
May 24, 2013, 11:04, (Property Xpress) - An international retail and services group has unveiled plans to invest USD 45 mln to expand its logistics ...   read more
British Investors to Resume Luxury Resort Project in Bulgaria
May 24, 2013, 10:27, (Property Xpress) - A luxury resort development project, including hotels, residential apartments and leisure facilities, has been ...   read more



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