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Update: Developer to Resume Bucharest Office Project
October 25, 2012, 8:44, (Property Xpress) - An international real estate developer has selected a general contractor to resume construction of its office ...   read more
Retail Project Obtains USD 29 mln Loan
October 25, 2012, 8:08, (Property Xpress) - The developer of a 65,500 sq. m retail park in Russia has secured loan finance for the project. According to ...   read more
Piraeus Bank to Compete Brasov Residential Project
October 25, 2012, 7:45, (Property Xpress) - The Romanian subsidiary of Greece’s Piraeus Bank said it will resume work on Seasons Residence residential ...   read more
Location Selected for Kiev-City Business Zone
October 24, 2012, 15:21, (Property Xpress) - Kyiv City State Administration has chosen a location for the future Kiev-City business center, Ruslan ...   read more
LSR Group Builds St. Petersburg Luxury Apartments
October 24, 2012, 15:02, (Property Xpress) - Russian developer LSR Group is planning to commission a luxury apartment building, with a total area 31,900 ...   read more
LPGD to Sign Investment Agreement in Montenegro
October 24, 2012, 14:38, (Property Xpress) - Podgorica-based LPGD will sign a contract to lease land in the Municipality of Tivat for construction of golf ...   read more
Groundbreaking Held for 125,000 Sq. m Logistics Center in Russia
October 24, 2012, 14:11, (Property Xpress) - The foundation stone to mark the construction start of a 125,000 sq. m logistics center has been laid in ...   read more
Ness Opens 1,500 Sq. m Development Center in Romania
October 24, 2012, 13:43, (Property Xpress) - IT services provider Ness Technologies has opened a development center in the Romanian city of Iasi, bringing ...   read more
Setl City to Develop 50,000 Sq. m St. Petersburg Housing Project
October 24, 2012, 12:54, (Property Xpress) - Development company Setl City, part of Setl Group, plans to build a residential complex on the former ...   read more
Administrative and Business Center to Appear in Kommunarka
October 24, 2012, 12:43, (Property Xpress) - Moscow city authorities are preparing a 307 ha area in the village of Kommunarka to establish an ...   read more
Leroy Merlin Secures Location for Second Ukrainian Store
October 24, 2012, 12:29, (Property Xpress) - Construction materials hypermarket chain Leroy Merlin, a member of France’s ADEO Groupe, has signed an ...   read more
Moscow Transfers Rights to 60,000 Sq. m Hotel Project
October 24, 2012, 12:07, (Property Xpress) - Moscow city authorities have agreed to the transfer of rights to two projects foreseeing construction of a ...   read more
IKEA Romania Reports 11 pct Sales Increase in 2011/2012 FY
October 24, 2012, 11:23, (Property Xpress) - IKEA Romania, operating the first and only IKEA store in the country, in the Bucharest Baneasa area, posted a ...   read more
Gazprombank-Invest to Develop St. Petersburg Elite Housing
October 24, 2012, 10:51, (Property Xpress) - Gazprombank-Invest, the private sector arm of OAO Gazprombank, will start construction of a multifunctional ...   read more
GTC Romania Launches Sales of FeliCity Second Stage
October 24, 2012, 10:31, (Property Xpress) - GTC Romania has launched sales of the second phase of its FeliCity residential project, developed in the north ...   read more
TPS Real Estate to Build Moscow Shopping Mall
October 24, 2012, 9:44, (Property Xpress) - Russian company TPS Nedvizhimost (TPS Real Estate), controlled by Arkady Rotenberg and partners, will build ...   read more
Bank Takes over 10,000 Sq. m Building in Foreclosure Proceedings
October 24, 2012, 9:17, (Property Xpress) - A Bulgarian banking group has assumed ownership of a newly built office and retail center, with a total area ...   read more
Developer Receives Building Permit for 21-Story Office Center
October 24, 2012, 8:27, (Property Xpress) - A Russian development company has received permission to build a 21-story multi-functional office complex near ...   read more
Astra Bank Acquires Kiev Office Property
October 24, 2012, 8:07, (Property Xpress) - Ukrainian Astra Bank, a member of Greece’s Alpha Bank Group, one of the leading banking and financial ...   read more
Russian Developer Unveils Mid-Term Business Strategy
October 23, 2012, 15:52, (Property Xpress) - A Russian real estate company intends to focus on luxury housing and office development projects in Moscow in ...   read more
Immochan to Commission Rose Park Mall in Autumn 2013
October 23, 2012, 14:10, (Property Xpress) - Immochan Ukraine, part of France’s Auchan Group, plans to invest more than USD 30 mln to develop a shopping ...   read more
Makrocap to Complete Pavlovo Pole Project in 2013
October 23, 2012, 12:59, (Property Xpress) - Ukrainian developer Makrocap Group will intensify efforts to complete the third stage of its Pavlovo Pole ...   read more
EBRD Lends EUR 90 mln for Plant Construction in Russia
October 23, 2012, 12:48, (Property Xpress) - The European Bank for Reconstruction and Development (EBRD) will provide long-term funding for an energy ...   read more
JYSK to Add Three New Stores to Serbian Retail Chain
October 23, 2012, 12:37, (Property Xpress) - Danish furniture retailer JYSK, which launched Serbian operations last year, will add three new stores to its ...   read more
IKEA Acquires Russia Production Site
October 23, 2012, 12:20, (Property Xpress) - Swedish furniture company IKEA has signed an agreement to acquire a production facility for particle board in ...   read more



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