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Underground Car Park Planned for Bucharest City Center
May 29, 2013, 15:15, (Property Xpress) - A public-private partnership scheme will be used for construction of a car park under Edgar Quinet Street, ...   read more
Two Business Center Projects Planned in St. Petersburg
May 29, 2013, 14:14, (Property Xpress) - Demolition of several buildings is expected to start this summer in St. Petersburg to make room for ...   read more
PIK Group to Raise USD 150 mln via New Share Issue
May 29, 2013, 12:49, (Property Xpress) - Russia’s residential real estate developer PIK Group today announced the launch of an offering of new ...   read more
USD 100 mln Residential/Leisure Complex under Development in Crimea, Ukraine
May 29, 2013, 12:32, (Property Xpress) - A British real estate development and investment company operating in Russia, Ukraine and the Baltic States is ...   read more
VTB Opens RUB 600 mln Credit Line to Developer
May 29, 2013, 12:02, (Property Xpress) - The Northwest branch of Russia’s state-controlled banking group VTB has opened a RUB 600 mln credit line to ...   read more
EUR 10 mln Construction Contract Signed in Romania
May 29, 2013, 11:39, (Property Xpress) - A consortium of two companies has signed a RON 42 mln (EUR 10 mln) agreement to build a 13,250 sq. m structure ...   read more
Lenta Plans London IPO
May 29, 2013, 11:04, (Property Xpress) - St. Petersburg-based Lenta hypermarket chain is preparing for a listing on the London Stock Exchange. ...   read more
Bulgarian Retailer to Build Sofia Store
May 29, 2013, 10:44, (Property Xpress) - A Bulgarian grocery retailer has obtained permission to build a large 3,000 sq. m supermarket in Sofia. On May ...   read more
Alexander Klyachin Acquires Renaissance Moscow Olympic Hotel
May 29, 2013, 9:50, (Property Xpress) - Russian businessman Alexander Klyachin, owner of Azimut Hotels, has acquired Renaissance Moscow Olympic Hotel ...   read more
Luxury Hotel to Appear in Sofia City Center
May 29, 2013, 9:23, (Property Xpress) - A luxury hotel will appear in the city center of the Bulgarian capital by the end of next year. The investment ...   read more
Grinn to Break Ground for 220,000 Sq. m Shopping Mall
May 29, 2013, 8:30, (Property Xpress) - Kursk-Orel-based Corporation Grinn will lay today the foundation stone for a 220,000 sq. m shopping mall in ...   read more
Corrected: Corall Brasov Zoning Plan Awaits Approval
May 29, 2013, 8:10, (Property Xpress) - Corall Brasov shopping center is in the zoning plan approval stage, with local councilors expected to give ...   read more
Kaufland Receives Building Permit for New Bulgaria Store
May 28, 2013, 14:51, (Property Xpress) - German hypermarket chain Kaufland has received permission to build a 3,000 sq. m store in the Bulgarian town ...   read more
Slovenian Construction Firm Signs EUR 125 mln Contract in Russia
May 28, 2013, 14:11, (Property Xpress) - A Slovenian-Croatian engineering company has signed a EUR 125 mln agreement to build a 44,000 sq. m facility ...   read more
Update: Immofinanz in Preparations for New Romania Development
May 28, 2013, 12:59, (Property Xpress) - Austria’s Immofinanz Group is in the process of obtaining permits to develop a large Bucharest mixed-use ...   read more
Siberian City to See Two Shopping Mall Openings in 2013
May 28, 2013, 12:45, (Property Xpress) - Two shopping and entertainment centers, with a combined GBA of 100,000 sq. m, are scheduled to open by the end ...   read more
Macedonia to Auction Land in Skopje City Center
May 28, 2013, 12:13, (Property Xpress) - Macedonia’s Ministry of Transport and Communications has scheduled an electronic bidding for July 5 to sell ...   read more
Lotte Group Invests USD 150 mln in Moscow Business Center
May 28, 2013, 11:41, (Property Xpress) - South Korea’s Lotte Group has invested about USD 150-160 mln in building a 22-story B+ class business center ...   read more
55,000 Sq. m Mixed-use Shopping Project up for Sale in Ukraine
May 28, 2013, 11:11, (Property Xpress) - A Kiev-based company is seeking partners/buyers for a 55,500 sq. m multifunctional shopping, entertainment, ...   read more
Fond RGS to Auction St. Petersburg Site
May 28, 2013, 10:25, (Property Xpress) - Russia’s federal fund to promote housing construction (Fond RGS) has scheduled an auction for June 17 to ...   read more
Amusement Park Construction to Start in Croatia
May 28, 2013, 10:03, (Property Xpress) - Construction of a water amusement park will begin on a 120,000 sq. m site in the Podi-zapad (Podi-West) ...   read more
Russian Firm to Establish USD 50 mln R&D Center
May 28, 2013, 9:35, (Property Xpress) - A Russian company intends to spend approximately USD 50 mln to develop its own research and development (R&D) ...   read more
Developer to Start EUR 30 mln Housing Project in Romania
May 28, 2013, 9:11, (Property Xpress) - A foreign real estate developer has unveiled plans to invest EUR 30 mln in building housing units in the ...   read more
Russian Banking Group to Sell St. Petersburg Office Buildings
May 28, 2013, 8:16, (Property Xpress) - A Russian private banking group has put for sale a complex of three buildings in the city center of St. ...   read more
Bulgarian Businessmen Vie for Hilton Sofia
May 28, 2013, 7:54, (Property Xpress) - Several bidders, including three Bulgarian hoteliers, have submitted bids to purchase Sofia’s five star ...   read more



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