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Moscow Gives Nod for 30,000 Sq. m Sports/Hotel Complex
September 24, 2013, 14:12, (Property Xpress) - The Urban Land Commission of the Government of Moscow has agreed to issue a development plan (GPZU) for ...   read more
EUR 20 mln Car Center Project Breaks Ground in Ukraine
September 24, 2013, 13:45, (Property Xpress) - The groundbreaking ceremony to mark the construction start for a 10,000 sq. m auto sales and service center ...   read more
Yuzhny Airport to Open in 2017
September 24, 2013, 12:56, (Property Xpress) - Construction of Yuzhny Airport in Rostov-on-Don is scheduled to be completed in autumn 2017, according to an ...   read more
Johnson Electric to Build Serbian Factory
September 24, 2013, 12:37, (Property Xpress) - The Serbian city of Nis signed an agreement today with representatives of the Hong Kong-headquartered Johnson ...   read more
Yekaterinburg Approves Draft Plans for Large-Scale Development
September 24, 2013, 12:20, (Property Xpress) - Yekaterinburg city authorities have approved draft plans for a building project that will transform a large ...   read more
Update: Real Estate Investment Firm to Acquire CEE Portfolio
September 24, 2013, 11:28, (Property Xpress) - A Netherlands-registered investment and property management firm has revived plans to raise finance to acquire ...   read more
Land for 40,000 sq. m Housing Project Sold in St. Petersburg
September 24, 2013, 10:48, (Property Xpress) - One of L1’s two sites in Pargolovo was sold last week, prior to the October 10 auction organized by the ...   read more
Sofia Office Project Obtains Building Permit
September 24, 2013, 10:10, (Property Xpress) - A 6,000 sq. m five-story office project has received a building permit in the Bulgarian capital. The property, ...   read more
Fond RGS Sells Moscow Suburban Site for RUB 28 mln
September 24, 2013, 9:40, (Property Xpress) - Russia’s federal fund to promote housing construction (Fond RGS) has held an auction to sell real estate ...   read more
Ukrainian Businessman Plans Apart-Hotel Project
September 24, 2013, 9:25, (Property Xpress) - A Ukrainian businessman intends to begin new construction in the prestigious 10th station of Bolshoy Fountain ...   read more
Lipetsk Shopping Scheme to undergo Expansion
September 24, 2013, 8:59, (Property Xpress) - Lipetsk Building Materials Plant plans to develop the second stage of its ‘Europe’ shopping and ...   read more
Bank of Cyprus Buys Stake in JW Marriott Bucharest Grand Hotel
September 24, 2013, 8:44, (Property Xpress) - Cyprus-registered Unknown Properties Limited, represented by Georgios Christoforou, former CEO of Bank of ...   read more
Developer Raises Finance for Mixed-use Kiev Project
September 23, 2013, 16:52, (Property Xpress) - A Kiev-based real estate developer controlled by foreign capital has raised UAH 16 mln (USD 2.0 mln) to carry ...   read more
EBRD Supports EUR 500 mln Investment Program in Russia
September 23, 2013, 16:04, (Property Xpress) - The European Bank for Reconstruction and Development (EBRD) has agreed to provide an equity investment of USD ...   read more
Kesko Opens Third St. Petersburg Grocery Hypermarket
September 23, 2013, 15:09, (Property Xpress) - Finland’s Kesko opened its third grocery store in St. Petersburg on September 20. In addition to the three ...   read more
Vibac Group to Start Serbian Plant Project
September 23, 2013, 14:11, (Property Xpress) - Italian polypropylene materials producer Vibac Group will invest EUR 60 mln in establishing a factory in the ...   read more
Lenstroytrest to Build Housing in Leningrad Region
September 23, 2013, 13:45, (Property Xpress) - Russian developer Lenstroytrest will invest RUB 8.2 bln to develop a residential area in the St. Petersburg ...   read more
Recycling Firm to Invest in Ukraine
September 23, 2013, 12:58, (Property Xpress) - A European company wants to build a recycling plant in Ukraine. The project was discussed at a September 20 ...   read more
Koltsovo-Invest Eyes New Airport Project in Russia
September 23, 2013, 12:35, (Property Xpress) - Koltsovo-Invest, owned by Viktor Vekselberg’s Renova Group, is expanding its airport business. The company ...   read more
Anchor Group to Renovate Two Bucharest Shopping Malls
September 23, 2013, 12:20, (Property Xpress) - Renovation of the Bucuresti (Bucharest) Mall in Vitan and Plaza Romania in Drumul Taberei will begin in spring ...   read more
RailTransHolding and Navigator Acquire Space at Nagatino i-Land
September 23, 2013, 11:54, (Property Xpress) - RailTransHolding and Navigator companies have acquired office space with a total area of 4,051 sq. m in ...   read more
As Hotel to Undergo EUR 15 mln Renovation in Montenegro
September 23, 2013, 11:41, (Property Xpress) - The owner of As Hotel in Montenegro is ready to spend EUR 15 mln to re-open the property as a five star ...   read more
Finnish Contractor to Build Sports Complex in Russia
September 23, 2013, 11:02, (Property Xpress) - The St. Petersburg branch of a Finland’s construction company will build a sports complex on a 10 ha site in ...   read more
Bulgarian Developer Acquires 8,000 Sq. m Site in Plovdiv
September 23, 2013, 10:29, (Property Xpress) - A Bulgarian real estate company has purchased an 8,000 sq. m land plot in the city of Plovdiv for an ...   read more
Seventh Continent Retail Chain to Change Owners
September 23, 2013, 9:35, (Property Xpress) - Russian businessman Alexander Zanadvorov is ready to sell ‘The Seventh Continent’ retail chain, a manager ...   read more



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